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South Sea Petroleum Holdings

SEHK:76
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
76
SEHK
HK$334M
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

South Sea Petroleum Holdings Limited, an investment holding company, engages in the exploration, development, production, sale, and trade of crude oil and mineral products. The last earnings update was 237 days ago. More info.


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  • South Sea Petroleum Holdings has significant price volatility in the past 3 months.
76 Share Price and Events
7 Day Returns
0%
SEHK:76
-7.4%
HK Electronic
-2.5%
HK Market
1 Year Returns
35.6%
SEHK:76
-40.2%
HK Electronic
-15.9%
HK Market
76 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
South Sea Petroleum Holdings (76) 0% 0% 74.3% 35.6% -48.3% -90.9%
HK Electronic -7.4% -18.5% -11.6% -40.2% 4.1% 20.9%
HK Market -2.5% -8.6% -2.1% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • 76 outperformed the Electronic industry which returned -40.2% over the past year.
  • 76 outperformed the Market in Hong Kong which returned -15.9% over the past year.
Price Volatility
76
Industry
5yr Volatility vs Market

76 Value

 Is South Sea Petroleum Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for South Sea Petroleum Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.061.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for South Sea Petroleum Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are South Sea Petroleum Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:76 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $0.00
SEHK:76 Share Price ** SEHK (2019-03-29) in HKD HK$0.06
SEHK:76 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $0.01
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.11x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 11.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of South Sea Petroleum Holdings.

SEHK:76 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:76 Share Price ÷ EPS (both in USD)

= 0.01 ÷ 0.00

8.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • South Sea Petroleum Holdings is good value based on earnings compared to the HK Electronic industry average.
  • South Sea Petroleum Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does South Sea Petroleum Holdings's expected growth come at a high price?
Raw Data
SEHK:76 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.64x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for South Sea Petroleum Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on South Sea Petroleum Holdings's assets?
Raw Data
SEHK:76 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.08
SEHK:76 Share Price * SEHK (2019-03-29) in HKD HK$0.06
SEHK:76 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $0.01
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.19x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:76 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:76 Share Price ÷ Book Value per Share (both in USD)

= 0.01 ÷ 0.08

0.1x

* Primary Listing of South Sea Petroleum Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • South Sea Petroleum Holdings is good value based on assets compared to the HK Electronic industry average.
X
Value checks
We assess South Sea Petroleum Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. South Sea Petroleum Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

76 Future Performance

 How is South Sea Petroleum Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 South Sea Petroleum 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.4%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is South Sea Petroleum Holdings expected to grow at an attractive rate?
  • Unable to compare South Sea Petroleum Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare South Sea Petroleum Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare South Sea Petroleum Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:76 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:76 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:76 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 97 -13 4
2018-03-31 80 -23 1
2017-12-31 63 -33 -2
2017-06-30 48 -24 -25
2017-03-31 52 -22 -29
2016-12-31 55 -19 -32
2016-09-30 69 -30 -19
2016-06-30 75 -40 -7
2016-03-31 79 -39 -7
2015-12-31 84 -39 -8
2015-09-30 83 -23 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if South Sea Petroleum Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if South Sea Petroleum Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:76 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from South Sea Petroleum Holdings Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:76 Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 0.00
2016-03-31 -0.01
2015-12-31 -0.01
2015-09-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if South Sea Petroleum Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether South Sea Petroleum Holdings is trading at South Sea Petroleum Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. South Sea Petroleum Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. South Sea Petroleum Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess South Sea Petroleum Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
South Sea Petroleum Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

76 Past Performance

  How has South Sea Petroleum Holdings performed over the past 5 years?

  • South Sea Petroleum Holdings's last earnings update was 237 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare South Sea Petroleum Holdings's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • South Sea Petroleum Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • South Sea Petroleum Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • South Sea Petroleum Holdings has become profitable in the last year making it difficult to compare the HK Electronic industry average.
Earnings and Revenue History
South Sea Petroleum Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from South Sea Petroleum Holdings Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:76 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 96.90 4.06 12.18
2018-03-31 79.89 1.02 11.90
2017-12-31 62.88 -2.03 11.62
2017-06-30 48.21 -25.46 5.57
2017-03-31 51.80 -28.75 10.49
2016-12-31 55.39 -32.04 15.40
2016-09-30 68.85 -19.26 29.51
2016-06-30 75.18 -6.99 36.55
2016-03-31 79.41 -7.33 38.59
2015-12-31 83.65 -7.67 40.64
2015-09-30 83.41 -12.71 42.42
2015-06-30 83.18 -17.75 44.19
2015-03-31 83.06 -20.38 43.50
2014-12-31 82.95 -23.02 42.80
2014-09-30 226.64 -3.79 38.60
2014-06-30 370.33 15.43 34.39
2014-03-31 370.42 28.13 36.48
2013-12-31 370.51 40.82 38.57
2013-09-30 242.63 5.99 38.07
2013-06-30 114.76 -28.83 37.56
2013-03-31 113.35 -20.87 35.25
2012-12-31 111.94 -12.92 32.93
2012-09-30 106.15 11.28 34.69
2012-06-30 100.36 35.48 36.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • South Sea Petroleum Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • South Sea Petroleum Holdings used its assets less efficiently than the HK Electronic industry average last year based on Return on Assets.
  • South Sea Petroleum Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess South Sea Petroleum Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
South Sea Petroleum Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

76 Health

 How is South Sea Petroleum Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up South Sea Petroleum Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • South Sea Petroleum Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • South Sea Petroleum Holdings has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of South Sea Petroleum Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 163.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from South Sea Petroleum Holdings Company Filings, last reported 10 months ago.

SEHK:76 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 379.52 2.51 14.80
2018-03-31 379.52 2.51 14.80
2017-12-31 363.95 0.25 13.86
2017-06-30 356.60 0.34 14.97
2017-03-31 356.60 0.34 14.97
2016-12-31 345.98 0.42 19.06
2016-09-30 345.98 0.42 19.06
2016-06-30 362.39 2.89 50.32
2016-03-31 362.39 2.89 50.32
2015-12-31 357.18 0.73 50.55
2015-09-30 357.18 0.73 50.55
2015-06-30 339.96 6.05 49.34
2015-03-31 339.96 6.05 49.34
2014-12-31 335.55 1.07 45.77
2014-09-30 335.55 1.07 45.77
2014-06-30 346.76 4.99 50.25
2014-03-31 346.76 4.99 50.25
2013-12-31 355.33 0.15 52.31
2013-09-30 355.33 0.15 52.31
2013-06-30 325.15 2.77 70.62
2013-03-31 325.15 2.77 70.62
2012-12-31 258.42 0.70 56.68
2012-09-30 258.42 0.70 56.68
2012-06-30 283.43 3.69 146.92
  • South Sea Petroleum Holdings's level of debt (0.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (0.8% vs 0.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 1148x coverage).
X
Financial health checks
We assess South Sea Petroleum Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. South Sea Petroleum Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

76 Dividends

 What is South Sea Petroleum Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from South Sea Petroleum Holdings dividends.
If you bought HK$2,000 of South Sea Petroleum Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate South Sea Petroleum Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate South Sea Petroleum Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:76 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as South Sea Petroleum Holdings has not reported any payouts.
  • Unable to verify if South Sea Petroleum Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of South Sea Petroleum Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as South Sea Petroleum Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess South Sea Petroleum Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can South Sea Petroleum Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. South Sea Petroleum Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

76 Management

 What is the CEO of South Sea Petroleum Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Zhong Yun Feng
COMPENSATION $15,000
AGE 51
TENURE AS CEO 6.4 years
CEO Bio

Mr. Zhong Yun Feng has been Managing Director and Executive Director of South Sea Petroleum Holdings Ltd. since December 31, 2012. Mr. Feng is a freelance artist. He serves as member of the Chinese People's Political Consultative Conference in Beijing. Mr. Feng does not hold any other directorships in the last three years in any other public companies listed in Hong Kong or overseas. Mr. Feng does not have any relationship with any other directors, senior management, substantial shareholders or controlling shareholders. He has been an Executive Director of South Sea Petroleum Holdings Ltd. since December 31, 2012 and also served as its Independent Non-Executive Director from November 15, 2012 to December 31, 2012. Mr. Feng is graduated from China Central Academy of Fine Arts and obtained his Bachelor of Arts degree in 1991.

CEO Compensation
  • Zhong Yun's compensation has been consistent with company performance over the past year.
  • Zhong Yun's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Zhong Yun Feng

TITLE
MD & Executive Director
COMPENSATION
$15K
AGE
51
TENURE
6.4 yrs

Xue Zhang

TITLE
Executive Director
COMPENSATION
$32K
AGE
41

Xiu Qiang Song

TITLE
Vice President of Marketing

Vivian Lam

TITLE
Company Secretary
AGE
49
TENURE
18.3 yrs
Board of Directors Tenure

Average tenure and age of the South Sea Petroleum Holdings board of directors in years:

10.3
Average Tenure
55.5
Average Age
  • The average tenure for the South Sea Petroleum Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Zhong Yun Feng

TITLE
MD & Executive Director
COMPENSATION
$15K
AGE
51
TENURE
6.4 yrs

Zhi Han

TITLE
Vice Chairman
COMPENSATION
$15K
AGE
62

Xue Zhang

TITLE
Executive Director
COMPENSATION
$32K
AGE
41
TENURE
10.3 yrs

Ren Lu

TITLE
Independent Non-Executive Director
COMPENSATION
$20K
AGE
83
TENURE
20.3 yrs

Michael Chai

TITLE
Independent Non-Executive Director
COMPENSATION
$15K
AGE
60
TENURE
17.3 yrs

Lai Ng

TITLE
Independent Non-Executive Director
COMPENSATION
$16K
AGE
50
TENURE
6.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by South Sea Petroleum Holdings insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
18. Mar 19 Buy Jie Zhao Individual 15. Mar 19 15. Mar 19 32,000,000 HK$0.06 HK$2,064,032
18. Mar 19 Buy Jie Zhao Individual 18. Mar 19 18. Mar 19 76,000,000 HK$0.06 HK$4,932,664
18. Mar 19 Buy Jie Zhao Individual 14. Mar 19 14. Mar 19 15,000,000 HK$0.07 HK$1,036,547
18. Mar 19 Buy Jie Zhao Individual 13. Mar 19 13. Mar 19 52,000,000 HK$0.07 HK$3,432,128
11. Mar 19 Buy Jie Zhao Individual 07. Mar 19 07. Mar 19 80,000,000 HK$0.07 HK$5,440,267
12. Mar 19 Buy Jie Zhao Individual 12. Mar 19 12. Mar 19 97,000,000 HK$0.06 HK$6,013,894
11. Mar 19 Buy Jie Zhao Individual 11. Mar 19 11. Mar 19 65,000,000 HK$0.06 HK$3,965,072
07. Mar 19 Buy Jie Zhao Individual 05. Mar 19 05. Mar 19 62,000,000 HK$0.08 HK$4,866,901
07. Mar 19 Buy Jie Zhao Individual 06. Mar 19 06. Mar 19 58,000,000 HK$0.08 HK$4,698,151
07. Mar 19 Buy Jie Zhao Individual 04. Mar 19 04. Mar 19 66,000,000 HK$0.07 HK$4,751,962
01. Mar 19 Buy Jie Zhao Individual 27. Feb 19 27. Feb 19 185,000,000 HK$0.06 HK$10,545,380
01. Mar 19 Buy Jie Zhao Individual 28. Feb 19 28. Feb 19 34,000,000 HK$0.06 HK$2,175,955
01. Mar 19 Buy Jie Zhao Individual 01. Mar 19 01. Mar 19 43,000,000 HK$0.07 HK$2,967,157
X
Management checks
We assess South Sea Petroleum Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. South Sea Petroleum Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

76 News

Simply Wall St News

Did Changing Sentiment Drive South Sea Petroleum Holdings's (HKG:76) Share Price Down A Painful 90%?

It is doubtless a positive to see that the South Sea Petroleum Holdings Limited (HKG:76) share price has gained some 79% in the last three months. … Many high growth companies focus on growing revenue before profits, but if revenue is the focus, it really needs to grow. … In the last five years South Sea Petroleum Holdings saw its revenue shrink by 36% per year.

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Is South Sea Petroleum Holdings Limited (HKG:76) Struggling With Its 1.5% Return On Capital Employed?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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Does South Sea Petroleum Holdings Limited's (HKG:76) Latest Financial Perfomance Look Strong?

Investors may find my commentary, albeit very high-level and brief, on South Sea Petroleum Holdings Limited (SEHK:76) useful as an attempt to give more color around how South Sea Petroleum Holdings is currently performing. … Check out our latest analysis for South Sea Petroleum Holdings Were 76's earnings stronger than its past performances and the industry? … SEHK:76 Income Statement May 12th 18 We can further assess South Sea Petroleum Holdings's loss by looking at what the industry has been experiencing over the past few years.

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Will You Be Burnt By South Sea Petroleum Holdings Limited's (HKG:76) Cash Burn?

Today I’ve examined South Sea Petroleum Holdings’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital. … SEHK:76 Income Statement Mar 15th 18 When will South Sea Petroleum Holdings need to raise more cash? … Even though this is analysis is fairly basic, and South Sea Petroleum Holdings still can cut its overhead further, or raise debt capital instead of coming to equity markets, the outcome of this analysis still helps us understand how sustainable the South Sea Petroleum Holdings’s operation is, and when things may have to change.

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What’s Ahead For South Sea Petroleum Holdings Limited (HKG:76)?

South Sea Petroleum Holdings Limited (SEHK:76), is a HK$293.98M small-cap, which operates in the tech hardware industry based in Hong Kong. … Below, I will examine the sector growth prospects, as well as evaluate whether South Sea Petroleum Holdings is lagging or leading its competitors in the industry. … South Sea Petroleum Holdings lags the pack with its negative growth rate of -93.01% over the past year, which indicates the company will be growing at a slower pace than its tech hardware peers.

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Should You Have South Sea Petroleum Holdings Limited's (HKG:76) In Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … 76’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … This is an interesting conclusion, since both 76’s size and industry indicates the stock should have a higher beta than it currently has.

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Does South Sea Petroleum Holdings Limited (HKG:76) Need To Issue More Shares?

Additional cash raising may dilute the value of your shares, and since South Sea Petroleum Holdings is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … South Sea Petroleum Holdings currently has $14.97M in the bank, with negative cash flows from operations of -$23.88M. … However, even with declining costs, the current level of cash is not enough to sustain South Sea Petroleum Holdings’s operations and the company may need to come to market to raise more capital within the year.

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76 Company Info

Description

South Sea Petroleum Holdings Limited, an investment holding company, engages in the exploration, development, production, sale, and trade of crude oil and mineral products. The company operates oilfields in Indonesia under the Bula Petroleum Production Sharing Contract; and explores for, produces, and sells graphite products. It also provides electronics manufacturing services for the medical, defense, transport, aerospace, security, marine, oil and gas, and other industrial markets. In addition, the company is involved in securities trading, properties investment, and general trading businesses; and subletting of oil properties. Further, it develops mobile phones, tablets, and set top boxes; and cultural industry, as well as produces multi-media, including movies, TV shows, and Internet programs. The company has operations in Indonesia, the United Kingdom, China, the United States, Hong Kong, Macau, Madagascar, and internationally. South Sea Petroleum Holdings Limited is based in Central, Hong Kong.

Details
Name: South Sea Petroleum Holdings Limited
76
Exchange: SEHK
Founded:
HK$334,445,253
5,482,709,078
Website: http://www.southseapetro.com.hk
Address: South Sea Petroleum Holdings Limited
Euro Trade Centre,
Unit 1002,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 76 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jan 1992
Number of employees
Current staff
Staff numbers
348
South Sea Petroleum Holdings employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 12:43
End of day share price update: 2019/03/29 00:00
Last earnings filing: 2018/09/24
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.