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650

IDG Energy InvestmentSEHK:650 Stock Report

Market Cap

HK$9.5b

7D

-12.7%

1Y

101.5%

Updated

25 Oct, 2021

Data

Company Financials
650 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

650 Overview

IDG Energy Investment Limited, an investment holding company, engages in the energy assets investment and management activities in the People’s Republic of China.

Price History & Performance

Summary of all time highs, changes and price drops for IDG Energy Investment
Historical stock prices
Current Share PriceHK$1.37
52 Week HighHK$0.42
52 Week LowHK$1.67
Beta0.20
1 Month Change38.38%
3 Month Change31.73%
1 Year Change101.47%
3 Year Change25.69%
5 Year Change-46.90%
Change since IPO-62.77%

Recent News & Updates

Jul 29
Despite Lacking Profits IDG Energy Investment (HKG:650) Seems To Be On Top Of Its Debt

Despite Lacking Profits IDG Energy Investment (HKG:650) Seems To Be On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Mar 08
Could The IDG Energy Investment Limited (HKG:650) Ownership Structure Tell Us Something Useful?

Could The IDG Energy Investment Limited (HKG:650) Ownership Structure Tell Us Something Useful?

If you want to know who really controls IDG Energy Investment Limited ( HKG:650 ), then you'll have to look at the...

Feb 01
IDG Energy Investment (HKG:650) Share Prices Have Dropped 79% In The Last Five Years

IDG Energy Investment (HKG:650) Share Prices Have Dropped 79% In The Last Five Years

Long term investing is the way to go, but that doesn't mean you should hold every stock forever. It hits us in the gut...

Shareholder Returns

650HK Oil and GasHK Market
7D-12.7%-2.5%2.1%
1Y101.5%43.8%5.9%

Return vs Industry: 650 exceeded the Hong Kong Oil and Gas industry which returned 43.8% over the past year.

Return vs Market: 650 exceeded the Hong Kong Market which returned 5.9% over the past year.

Price Volatility

Is 650's price volatile compared to industry and market?
650 volatility
650 Beta0.20
Industry Beta0.86
Market Beta1

Stable Share Price: 650 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: 650's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a331Jingbo Wanghttps://www.idgenergyinv.com

IDG Energy Investment Limited, an investment holding company, engages in the energy assets investment and management activities in the People’s Republic of China. It is involved in the upstream oil and gas business; liquefied natural gas (LNG) liquefaction and exporting; and LNG importing, processing, and selling operations, as well as LNG logistics services. The company owns LNG export terminals in Canada; and a LNG receiving terminal in China.

IDG Energy Investment Fundamentals Summary

How do IDG Energy Investment's earnings and revenue compare to its market cap?
650 fundamental statistics
Market CapHK$9.52b
Earnings (TTM)-HK$386.70m
Revenue (TTM)HK$1.76b

5.4x

P/S Ratio

-24.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
650 income statement (TTM)
RevenueHK$1.76b
Cost of RevenueHK$1.77b
Gross Profit-HK$5.39m
ExpensesHK$381.31m
Earnings-HK$386.70m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.056
Gross Margin-0.31%
Net Profit Margin-21.97%
Debt/Equity Ratio2.0%

How did 650 perform over the long term?

See historical performance and comparison

Valuation

Is IDG Energy Investment undervalued compared to its fair value and its price relative to the market?

3.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 650's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 650's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 650 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Oil and Gas industry average.

PE vs Market: 650 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 650's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 650 is overvalued based on its PB Ratio (3.3x) compared to the HK Oil and Gas industry average (0.9x).


Future Growth

How is IDG Energy Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.4%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IDG Energy Investment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has IDG Energy Investment performed over the past 5 years?

-1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 650 is currently unprofitable.

Growing Profit Margin: 650 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 650 is unprofitable, and losses have increased over the past 5 years at a rate of 1.7% per year.

Accelerating Growth: Unable to compare 650's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 650 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (16.4%).


Return on Equity

High ROE: 650 has a negative Return on Equity (-14.33%), as it is currently unprofitable.


Financial Health

How is IDG Energy Investment's financial position?


Financial Position Analysis

Short Term Liabilities: 650's short term assets (HK$1.2B) exceed its short term liabilities (HK$355.8M).

Long Term Liabilities: 650's short term assets (HK$1.2B) exceed its long term liabilities (HK$205.4M).


Debt to Equity History and Analysis

Debt Level: 650's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: 650's debt to equity ratio has reduced from 33.4% to 2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 650 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 650 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.4% per year.


Dividend

What is IDG Energy Investment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 650's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 650's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 650's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 650's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 650's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Jingbo Wang (43 yo)

5.17yrs

Tenure

Dr. Jingbo Wang, Ph.D. has been Chief Executive Officer and Executive Director at IDG Energy Investment Limited since August 5, 2016 and has been its Chairman of the Board since August 26, 2016. Dr. Wang s...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Jingbo's total compensation is reasonable compared to companies of similar size in the Hong Kong market.

Compensation vs Earnings: Jingbo's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 650's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: 650's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.


Top Shareholders

Company Information

IDG Energy Investment Limited's employee growth, exchange listings and data sources


Key Information

  • Name: IDG Energy Investment Limited
  • Ticker: 650
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: HK$9.524b
  • Shares outstanding: 6.95b
  • Website: https://www.idgenergyinv.com

Number of Employees


Location

  • IDG Energy Investment Limited
  • The Center
  • Unit 5507, 55th Floor
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:39
End of Day Share Price2021/10/25 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.