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956

China Suntien Green Energy SEHK:956 Stock Report

Last Price

HK$3.11

Market Cap

HK$32.9b

7D

-6.9%

1Y

-60.6%

Updated

24 Sep, 2022

Data

Company Financials +
956 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health2/6
Dividends3/6

956 Stock Overview

China Suntien Green Energy Corporation Limited, together with its subsidiaries, develops and utilizes clean energy in Mainland China.

China Suntien Green Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Suntien Green Energy
Historical stock prices
Current Share PriceHK$3.11
52 Week HighHK$8.23
52 Week LowHK$3.09
Beta1.18
1 Month Change-12.64%
3 Month Change-22.44%
1 Year Change-60.63%
3 Year Change48.10%
5 Year Change60.31%
Change since IPO17.80%

Recent News & Updates

Sep 11
Is China Suntien Green Energy (HKG:956) A Risky Investment?

Is China Suntien Green Energy (HKG:956) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Aug 24
Are China Suntien Green Energy Corporation Limited (HKG:956) Investors Paying Above The Intrinsic Value?

Are China Suntien Green Energy Corporation Limited (HKG:956) Investors Paying Above The Intrinsic Value?

Does the August share price for China Suntien Green Energy Corporation Limited ( HKG:956 ) reflect what it's really...

Jun 21
China Suntien Green Energy (HKG:956) Shareholders Will Want The ROCE Trajectory To Continue

China Suntien Green Energy (HKG:956) Shareholders Will Want The ROCE Trajectory To Continue

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

956HK Oil and GasHK Market
7D-6.9%0.1%-3.4%
1Y-60.6%9.5%-25.0%

Return vs Industry: 956 underperformed the Hong Kong Oil and Gas industry which returned 9.4% over the past year.

Return vs Market: 956 underperformed the Hong Kong Market which returned -25% over the past year.

Price Volatility

Is 956's price volatile compared to industry and market?
956 volatility
956 Average Weekly Movement5.9%
Oil and Gas Industry Average Movement7.4%
Market Average Movement6.3%
10% most volatile stocks in HK Market12.6%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 956 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 956's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20102,481Chun Xiao Meihttps://www.suntien.com

China Suntien Green Energy Corporation Limited, together with its subsidiaries, develops and utilizes clean energy in Mainland China. It operates through three segments: Natural Gas, Wind Power and Solar Energy, and Other. The Natural Gas segment sells natural gas and gas appliances, as well as provides construction and connection services for natural gas pipelines.

China Suntien Green Energy Fundamentals Summary

How do China Suntien Green Energy's earnings and revenue compare to its market cap?
956 fundamental statistics
Market CapHK$32.92b
Earnings (TTM)HK$2.18b
Revenue (TTM)HK$19.46b

6.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
956 income statement (TTM)
RevenueCN¥17.67b
Cost of RevenueCN¥12.92b
Gross ProfitCN¥4.75b
Other ExpensesCN¥2.77b
EarningsCN¥1.98b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin26.89%
Net Profit Margin11.18%
Debt/Equity Ratio152.9%

How did 956 perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

34%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 956 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 956?

Other financial metrics that can be useful for relative valuation.

956 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.9x
Enterprise Value/EBITDA11x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does 956's PE Ratio compare to its peers?

956 PE Ratio vs Peers
The above table shows the PE ratio for 956 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average44.4x
332 Yuan Heng Gas Holdings
40.2xn/aHK$2.8b
934 Sinopec Kantons Holdings
7.9x18.8%HK$5.8b
467 United Energy Group
9.6x21.5%HK$24.4b
681 Chinese People Holdings
5xn/aHK$366.3m
956 China Suntien Green Energy
6x16.0%HK$32.9b

Price-To-Earnings vs Peers: 956 is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (44.4x).


Price to Earnings Ratio vs Industry

How does 956's PE Ratio compare vs other companies in the HK Oil and Gas Industry?

Price-To-Earnings vs Industry: 956 is expensive based on its Price-To-Earnings Ratio (6x) compared to the Hong Kong Oil and Gas industry average (5.3x)


Price to Earnings Ratio vs Fair Ratio

What is 956's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

956 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6x
Fair PE Ratio11.2x

Price-To-Earnings vs Fair Ratio: 956 is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).


Share Price vs Fair Value

What is the Fair Price of 956 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 956 (HK$3.11) is trading above our estimate of fair value (HK$3)

Significantly Below Fair Value: 956 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is China Suntien Green Energy forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 956's forecast earnings growth (16% per year) is above the savings rate (1.6%).

Earnings vs Market: 956's earnings (16% per year) are forecast to grow slower than the Hong Kong market (16.9% per year).

High Growth Earnings: 956's earnings are forecast to grow, but not significantly.

Revenue vs Market: 956's revenue (15.4% per year) is forecast to grow faster than the Hong Kong market (9.7% per year).

High Growth Revenue: 956's revenue (15.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 956's Return on Equity is forecast to be low in 3 years time (12.2%).


Discover growth companies

Past Performance

How has China Suntien Green Energy performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 956 has high quality earnings.

Growing Profit Margin: 956's current net profit margins (11.2%) are lower than last year (15.4%).


Past Earnings Growth Analysis

Earnings Trend: 956's earnings have grown by 17.3% per year over the past 5 years.

Accelerating Growth: 956's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 956 had negative earnings growth (-11.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (106.3%).


Return on Equity

High ROE: 956's Return on Equity (10.9%) is considered low.


Discover strong past performing companies

Financial Health

How is China Suntien Green Energy's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 956's short term assets (CN¥15.5B) do not cover its short term liabilities (CN¥17.7B).

Long Term Liabilities: 956's short term assets (CN¥15.5B) do not cover its long term liabilities (CN¥30.3B).


Debt to Equity History and Analysis

Debt Level: 956's net debt to equity ratio (128.1%) is considered high.

Reducing Debt: 956's debt to equity ratio has reduced from 183.4% to 152.9% over the past 5 years.

Debt Coverage: 956's debt is not well covered by operating cash flow (11.2%).

Interest Coverage: 956's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


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Dividend

What is China Suntien Green Energy current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.92%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 956's dividend (5.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.96%).

High Dividend: 956's dividend (5.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.57%).


Stability and Growth of Payments

Stable Dividend: 956's dividend payments have been volatile in the past 10 years.

Growing Dividend: 956's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.7%), 956's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 956 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

8.5yrs

Average management tenure


CEO

Chun Xiao Mei (53 yo)

5.5yrs

Tenure

CN¥2,233,600

Compensation

Mr. Chun Xiao Mei has been the President of China Suntien Green Energy Corporation Limited since March 31, 2017 and as its Executive Director since June 8, 2017. Mr. Mei also serves as General Manager of H...


CEO Compensation Analysis

Compensation vs Market: Chun Xiao's total compensation ($USD313.36K) is below average for companies of similar size in the Hong Kong market ($USD676.60K).

Compensation vs Earnings: Chun Xiao's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: 956's management team is seasoned and experienced (8.5 years average tenure).


Board Members

Experienced Board: 956's board of directors are considered experienced (5.8 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

SEHK:956 Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
02 Sep 22BuyHK$3,527,649GIC Private LimitedCompany1,005,000HK$3.51
31 May 22BuyHK$25,935,843BlackRock, Inc.Company5,674,000HK$4.57
05 May 22BuyHK$56,373BlackRock, Inc.Company13,000HK$4.34
05 May 22SellHK$4,887,121BlackRock, Inc.Company1,127,000HK$4.34
31 Mar 22BuyHK$6,094,027BlackRock, Inc.Company1,376,000HK$4.43
28 Feb 22BuyHK$128,085,948BlackRock, Inc.Company24,738,000HK$5.18
17 Feb 22BuyHK$3,287,465Citigroup Inc.,Banking and Securities InvestmentsCompany669,000HK$4.91
20 Dec 21SellHK$23,527,799GIC Private LimitedCompany4,094,000HK$5.75
30 Nov 21BuyHK$36,304,365GIC Private LimitedCompany6,637,000HK$5.47

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.


Top Shareholders

Top 25 shareholders own 65.12% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
49.17%
Hebei Province Construction & Investment Group Co., Ltd.
2,058,841,253CN¥6.4b0%no data
3.53%
GIC Private Limited
147,849,000CN¥459.8m1.66%0.1%
2.69%
BlackRock, Inc.
112,560,240CN¥350.1m-0.32%no data
2.2%
Fidelity International Ltd
92,314,000CN¥287.1m0%0.02%
1.65%
The Vanguard Group, Inc.
69,203,000CN¥215.2m0.05%no data
0.66%
Norges Bank Investment Management
27,628,945CN¥85.9m0%no data
0.6%
Artemis Investment Management LLP
25,251,829CN¥78.5m-4%0.05%
0.53%
Dimensional Fund Advisors LP
22,036,216CN¥68.5m0.04%no data
0.53%
Jinan Jiangshan Investment Partnership Enterprise (Limited Partnership)
22,010,271CN¥68.5m0%no data
0.5%
UBS Asset Management
21,057,965CN¥65.5m-0.02%no data
0.44%
CITIC Securities Company Limited, Asset Management Arm
18,434,540CN¥57.3m0.11%0.54%
0.35%
Matthews International Capital Management, LLC
14,806,000CN¥46.0m0%0.04%
0.32%
Amundi Asset Management
13,322,117CN¥41.4m236.76%no data
0.31%
Nordea Investment Management AB
12,886,315CN¥40.1m0%no data
0.24%
ÖKoworld Lux S.A.
10,052,000CN¥31.3m-34.62%0.18%
0.19%
China International Capital Corporation Hong Kong Asset Management Limited
7,791,662CN¥24.2m0.12%0.52%
0.18%
South Industry Assets Management Co.,Ltd.
7,336,757CN¥22.8m0%0.7%
0.17%
Premier Fund Managers Limited
6,988,156CN¥21.7m0%0.03%
0.15%
Geode Capital Management, LLC
6,258,023CN¥19.5m2.18%no data
0.14%
Xiamen Borui Oriental Investment Management Co., Ltd.
5,869,405CN¥18.3m0%no data
0.14%
Wellington Management Group LLP
5,780,000CN¥18.0m0%no data
0.14%
Franklin Templeton Sealand Fund Management Co., Ltd.
5,764,000CN¥17.9m0%0.07%
0.12%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
5,172,865CN¥16.1m1.7%no data
0.09%
Credit Suisse Asset Management (Switzerland)
3,757,000CN¥11.7m120.22%no data
0.085%
Schroder Investment Management North America Inc.
3,542,000CN¥11.0m0%0.01%

Company Information

China Suntien Green Energy Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Suntien Green Energy Corporation Limited
  • Ticker: 956
  • Exchange: SEHK
  • Founded: 2010
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Implied Market Cap: HK$32.924b
  • Shares outstanding: 4.19b
  • Website: https://www.suntien.com

Number of Employees


Location

  • China Suntien Green Energy Corporation Limited
  • Yu Yuan Plaza
  • 9th Floor
  • Shijiazhuang
  • Hebei Province
  • China


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
956SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDOct 2010
9C6DB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEUROct 2010
CSGE.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDOct 2010
956SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDOct 2010
956SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDOct 2010
600956SHSE (Shanghai Stock Exchange)Domestic SharesCNCNYJun 2020
600956XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)Domestic SharesCNCNYJun 2020

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.