Executive Summary
Sino Oil and Gas Holdings Limited, an investment holding company, engages in coalbed methane, raw and cleaned coal, oil and gas exploitation, and financial services businesses in the People’s Republic of China. More Details
Risk Analysis
Snowflake Analysis
Imperfect balance sheet and overvalued.
Similar Companies
Share Price & News
How has Sino Oil and Gas Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 702 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 702's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
0%
702
-1.8%
HK Oil and Gas
3.6%
HK Market
1 Year Return
-56.3%
702
-22.1%
HK Oil and Gas
15.8%
HK Market
Return vs Industry: 702 underperformed the Hong Kong Oil and Gas industry which returned -22.1% over the past year.
Return vs Market: 702 underperformed the Hong Kong Market which returned 15.8% over the past year.
Shareholder returns
| 702 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.8% | 3.6% |
| 30 Day | -4.5% | 7.8% | 12.7% |
| 90 Day | 5.0% | 12.3% | 18.3% |
| 1 Year | -56.3%-56.3% | -16.0%-22.1% | 20.4%15.8% |
| 3 Year | -90.5%-90.5% | -38.8%-48.9% | -4.5%-14.6% |
| 5 Year | -96.7%-96.7% | -2.1%-22.8% | 66.1%37.9% |
Long-Term Price Volatility Vs. Market
How volatile is Sino Oil and Gas Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Sino Oil and Gas Holdings Limited (HKG:702) Insiders Have Been Selling2 months ago | Simply Wall St
Returns On Capital - An Important Metric For Sino Oil and Gas Holdings (HKG:702)3 months ago | Simply Wall St
Sino Oil and Gas Holdings (HKG:702) Seems To Be Using A Lot Of DebtValuation
Is Sino Oil and Gas Holdings undervalued compared to its fair value and its price relative to the market?
0.084x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 702's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 702's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 702 is unprofitable, so we can't compare its PE Ratio to the HK Oil and Gas industry average.
PE vs Market: 702 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 702's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 702 is good value based on its PB Ratio (0.1x) compared to the HK Oil and Gas industry average (0.6x).
Next Steps
Future Growth
How is Sino Oil and Gas Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.8%
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 Sino Oil and Gas Holdings 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.
Next Steps
- Take a look at our analysis of 702’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Sino Oil and Gas Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Sino Oil and Gas Holdings performed over the past 5 years?
-25.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 702 is currently unprofitable.
Growing Profit Margin: 702 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 702 is unprofitable, and losses have increased over the past 5 years at a rate of 25% per year.
Accelerating Growth: Unable to compare 702's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 702 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-11.9%).
Return on Equity
High ROE: 702 has a negative Return on Equity (-9.04%), as it is currently unprofitable.
Next Steps
Financial Health
How is Sino Oil and Gas Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 702's short term assets (HK$723.2M) do not cover its short term liabilities (HK$1.7B).
Long Term Liabilities: 702's short term assets (HK$723.2M) do not cover its long term liabilities (HK$775.7M).
Debt to Equity History and Analysis
Debt Level: 702's debt to equity ratio (79.4%) is considered high.
Reducing Debt: 702's debt to equity ratio has increased from 18.7% to 79.4% 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: 702 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 702 has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 29.2% each year.
Next Steps
Dividend
What is Sino Oil and Gas Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 702's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 702'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 702's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 702'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 702'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?
9.1yrs
Average management tenure
CEO
Xiaobing Dai (53 yo)
0.33
Tenure
HK$2,600,000
Compensation
Dr. Xiaobing Dai, Ph.D. serves as Chief Executive Officer at Sino Oil and Gas Holdings Limited since September 14, 2020. He serves as the Chairman of the Board, President and Chief Executive Officer of Bei...
CEO Compensation Analysis
Compensation vs Market: Xiaobing's total compensation ($USD335.38K) is above average for companies of similar size in the Hong Kong market ($USD230.00K).
Compensation vs Earnings: Xiaobing's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 0.33yr | HK$2.60m | 0.63% HK$ 1.3m | |
| CFO & Executive Director | 11.83yrs | HK$2.02m | 0.10% HK$ 212.0k | |
| Group Chief Geologist | 13.08yrs | no data | no data | |
| Group Executive Vice President | 5.33yrs | no data | no data | |
| Company Secretary | 9.08yrs | no data | no data |
9.1yrs
Average Tenure
55yo
Average Age
Experienced Management: 702's management team is seasoned and experienced (9.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 0.33yr | HK$2.60m | 0.63% HK$ 1.3m | |
| CFO & Executive Director | 11.83yrs | HK$2.02m | 0.10% HK$ 212.0k | |
| Independent Non-Executive Director | 10.42yrs | HK$200.00k | no data | |
| Non-Executive Director | 0.42yr | no data | no data | |
| Non-Executive Director | 9.33yrs | HK$2.02m | 0% HK$ 0 | |
| Independent Non-Executive Director | 9.33yrs | HK$200.00k | no data | |
| Non-Executive Director | 6.58yrs | HK$200.00k | no data | |
| Independent Non-Executive Director | 7.5yrs | HK$200.00k | no data | |
| Non-Executive Director | 0.58yr | no data | no data |
9.3yrs
Average Tenure
55yo
Average Age
Experienced Board: 702's board of directors are considered experienced (9.3 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sino Oil and Gas Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sino Oil and Gas Holdings Limited
- Ticker: 702
- Exchange: SEHK
- Founded: 1999
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: HK$210.763m
- Shares outstanding: 3.35b
- Website: https://www.sino-oilgas.hk
Number of Employees
Location
- Sino Oil and Gas Holdings Limited
- Convention Plaza, Office Tower
- 44th Floor
- Wan Chai
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 702 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Feb 2000 |
Biography
Sino Oil and Gas Holdings Limited, an investment holding company, engages in coalbed methane, raw and cleaned coal, oil and gas exploitation, and financial services businesses in the People’s Republic of C...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 10:28 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.