Sinopec Kantons Holdings Limited, an investment holding company, provides crude oil jetty services. More Details
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Sinopec Kantons Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 934 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 934's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Oil and Gas
1 Year Return
HK Oil and Gas
Return vs Industry: 934 underperformed the Hong Kong Oil and Gas industry which returned 21.6% over the past year.
Return vs Market: 934 underperformed the Hong Kong Market which returned 24.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sinopec Kantons Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StSinopec Kantons Holdings' (HKG:934) Profits Appear To Have Quality Issues
1 month ago | Simply Wall StEstimating The Fair Value Of Sinopec Kantons Holdings Limited (HKG:934)
2 months ago | Simply Wall StWhat Do The Returns On Capital At Sinopec Kantons Holdings (HKG:934) Tell Us?
Is Sinopec Kantons Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 934 (HK$2.99) is trading below our estimate of fair value (HK$6)
Significantly Below Fair Value: 934 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 934 is good value based on its PE Ratio (5.9x) compared to the Hong Kong Oil and Gas industry average (7.7x).
PE vs Market: 934 is good value based on its PE Ratio (5.9x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: 934's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 934 is good value based on its PB Ratio (0.5x) compared to the HK Oil and Gas industry average (0.7x).
How is Sinopec Kantons Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 934's earnings are forecast to decline over the next 3 years (-0.2% per year).
Earnings vs Market: 934's earnings are forecast to decline over the next 3 years (-0.2% per year).
High Growth Earnings: 934's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 934's revenue (2.5% per year) is forecast to grow slower than the Hong Kong market (12.4% per year).
High Growth Revenue: 934's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 934's Return on Equity is forecast to be low in 3 years time (7.3%).
How has Sinopec Kantons Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 934 has high quality earnings.
Growing Profit Margin: 934's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: 934's earnings have grown by 4.1% per year over the past 5 years.
Accelerating Growth: 934's earnings growth over the past year (16.5%) exceeds its 5-year average (4.1% per year).
Earnings vs Industry: 934 earnings growth over the past year (16.5%) exceeded the Oil and Gas industry -3%.
Return on Equity
High ROE: 934's Return on Equity (8.6%) is considered low.
How is Sinopec Kantons Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 934's short term assets (HK$5.2B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 934's short term assets (HK$5.2B) exceed its long term liabilities (HK$202.1M).
Debt to Equity History and Analysis
Debt Level: 934 is debt free.
Reducing Debt: 934 has no debt compared to 5 years ago when its debt to equity ratio was 42.3%.
Debt Coverage: 934 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 934 has no debt, therefore coverage of interest payments is not a concern.
What is Sinopec Kantons Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 934's dividend (6.69%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 934's dividend (6.69%) is in the top 25% of dividend payers in the Hong Kong market (6.02%)
Stability and Growth of Payments
Stable Dividend: 934's dividends per share have been stable in the past 10 years.
Growing Dividend: 934's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.2%), 934's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 934's dividends in 3 years are forecast to be well covered by earnings (30.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sinopec Kantons Holdings has no CEO, or we have no data on them.
Experienced Management: 934's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: 934's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sinopec Kantons Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Sinopec Kantons Holdings Limited
- Ticker: 934
- Exchange: SEHK
- Founded: 1998
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: HK$7.434b
- Shares outstanding: 2.49b
- Website: https://www.sinopec.com.hk
Number of Employees
- Sinopec Kantons Holdings Limited
- Citicorp Centre
- 34th Floor
- Causeway Bay
- Hong Kong
Sinopec Kantons Holdings Limited, an investment holding company, provides crude oil jetty services. It operates through, Crude Oil Jetty and Storage Services; and Vessel Chartering and Logistics Services s...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 10:23|
|End of Day Share Price||2021/05/14 00:00|
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.