SEHK:979

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Green Energy Group

Executive Summary

Green Energy Group Limited, an investment holding company, trades in recyclable oil/biodiesel in Hong Kong, the People’s Republic of China, Europe, Malaysia, the Middle East, and Japan. More Details

Risk Analysis

Does not have a meaningful market cap (HK$330M)



Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Green Energy Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 979 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 979's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-10.8%

979

0.9%

HK Oil and Gas

-6.1%

HK Market


1 Year Return

-14.7%

979

-0.7%

HK Oil and Gas

22.2%

HK Market

Return vs Industry: 979 underperformed the Hong Kong Oil and Gas industry which returned -0.7% over the past year.

Return vs Market: 979 underperformed the Hong Kong Market which returned 22.2% over the past year.


Shareholder returns

979IndustryMarket
7 Day-10.8%0.9%-6.1%
30 Day-12.1%10.9%-0.7%
90 Day-22.7%5.5%9.1%
1 Year-14.7%-14.7%7.1%-0.7%26.9%22.2%
3 Year-34.1%-34.1%-23.0%-35.8%4.6%-6.3%
5 Year3.6%3.6%-4.3%-24.6%59.0%32.0%

Long-Term Price Volatility Vs. Market

How volatile is Green Energy Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Green Energy Group undervalued compared to its fair value and its price relative to the market?

3.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 979 (HK$0.29) is trading above our estimate of fair value (HK$0.12)

Significantly Below Fair Value: 979 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 979 is unprofitable, so we can't compare its PE Ratio to the HK Oil and Gas industry average.

PE vs Market: 979 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 979's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 979 is overvalued based on its PB Ratio (3.3x) compared to the HK Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

15.9%

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 Green Energy Group 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

Past Performance

How has Green Energy Group performed over the past 5 years?

26.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 979 is currently unprofitable.

Growing Profit Margin: 979 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 979 is unprofitable, but has reduced losses over the past 5 years at a rate of 26.6% per year.

Accelerating Growth: Unable to compare 979's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 979 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: 979 has a negative Return on Equity (-27.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Green Energy Group's financial position?


Financial Position Analysis

Short Term Liabilities: 979's short term assets (HK$78.7M) exceed its short term liabilities (HK$8.2M).

Long Term Liabilities: 979 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 979 is debt free.

Reducing Debt: 979 has no debt compared to 5 years ago when its debt to equity ratio was 31.9%.


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 979 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 979 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.7% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 979's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 979'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 979's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 979'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 979'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?

1.2yrs

Average management tenure


CEO

Green Energy Group has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Sai Hung Wong
Executive Chairman1.17yrsHK$713.70kno data
Xian Ping Luo
Executive Director3.08yrsHK$768.00kno data
Wai Hung Ho
Executive Director2.92yrsHK$378.00kno data
Chi Ng
Company Secretary & CFO1.17yrsno datano data
Sze Wai Tso
Financial Controller6.5yrsno datano data

1.2yrs

Average Tenure

56yo

Average Age

Experienced Management: 979's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sai Hung Wong
Executive Chairman1.17yrsHK$713.70kno data
Xian Ping Luo
Executive Director3.08yrsHK$768.00kno data
Wai Hung Ho
Executive Director2.92yrsHK$378.00kno data
Chun Wa Tam
Independent Non-Executive Director9.5yrsHK$160.00kno data
Cheung Pang Sze
Independent Non-Executive Director3.08yrsHK$360.00kno data
Ka Wing Lau
Independent Non-Executive Director1yrHK$83.00kno data

3.0yrs

Average Tenure

57yo

Average Age

Experienced Board: 979's board of directors are considered experienced (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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Green Energy Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Green Energy Group Limited
  • Ticker: 979
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: HK$329.529m
  • Shares outstanding: 1.14b
  • Website: https://www.greenenergy.hk

Number of Employees


Location

  • Green Energy Group Limited
  • 4C Derrick Industrial Building
  • 49 Wong Chuk Hang Road
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
979SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 1997

Biography

Green Energy Group Limited, an investment holding company, trades in recyclable oil/biodiesel in Hong Kong, the People’s Republic of China, Europe, Malaysia, the Middle East, and Japan. It operates through...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 10:19
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.