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1265

Tianjin Jinran Public UtilitiesSEHK:1265 Stock Report

Market Cap

HK$809.3m

7D

0%

1Y

-13.7%

Updated

26 Oct, 2021

Data

Company Financials
1265 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends2/6

1265 Overview

Tianjin Jinran Public Utilities Company Limited engages in the operation and management of gas pipeline infrastructure, and the sale and distribution of piped gas to industrial, enterprise, and residential users in Mainland China.

Price History & Performance

Summary of all time highs, changes and price drops for Tianjin Jinran Public Utilities
Historical stock prices
Current Share PriceHK$0.44
52 Week HighHK$0.40
52 Week LowHK$0.67
Beta0.52
1 Month Change1.15%
3 Month Change0%
1 Year Change-13.73%
3 Year Change-42.11%
5 Year Change-37.14%
Change since IPO-71.61%

Recent News & Updates

Shareholder Returns

1265HK Gas UtilitiesHK Market
7D0%0.5%0.4%
1Y-13.7%10.2%6.7%

Return vs Industry: 1265 underperformed the Hong Kong Gas Utilities industry which returned 10.2% over the past year.

Return vs Market: 1265 underperformed the Hong Kong Market which returned 6.7% over the past year.

Price Volatility

Is 1265's price volatile compared to industry and market?
1265 volatility
1265 Beta0.52
Industry Beta0.55
Market Beta1

Stable Share Price: 1265 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: 1265's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a739Liangchuan Sunhttps://www.jinrangongyong.com

Tianjin Jinran Public Utilities Company Limited engages in the operation and management of gas pipeline infrastructure, and the sale and distribution of piped gas to industrial, enterprise, and residential users in Mainland China. It operates through five segments: Sales of Piped Gas; Gas Connection; Gas Transportation; Sales of Gas Appliances and Others; and Gas Pipelines Rent. The company also provides piped gas connection services in Tianjin City and Jining, Inner Mongolia; leases pipelines, gas station facilities, and self-owned buildings; transports gas; and sells and installs gas appliances.

Tianjin Jinran Public Utilities Fundamentals Summary

How do Tianjin Jinran Public Utilities's earnings and revenue compare to its market cap?
1265 fundamental statistics
Market CapCN¥664.80m
Earnings (TTM)-CN¥22.03m
Revenue (TTM)CN¥1.45b

0.5x

P/S Ratio

-30.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1265 income statement (TTM)
RevenueCN¥1.45b
Cost of RevenueCN¥1.48b
Gross Profit-CN¥25.63m
Expenses-CN¥3.60m
Earnings-CN¥22.03m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin-1.76%
Net Profit Margin-1.52%
Debt/Equity Ratio0.0%

How did 1265 perform over the long term?

See historical performance and comparison

Dividends

13.8%

Current Dividend Yield

-417%

Payout Ratio

Valuation

Is Tianjin Jinran Public Utilities undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1265 (HK$0.44) is trading below our estimate of fair value (HK$1.83)

Significantly Below Fair Value: 1265 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1265 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Gas Utilities industry average.

PE vs Market: 1265 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 1265's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1265 is good value based on its PB Ratio (0.4x) compared to the HK Gas Utilities industry average (1.2x).


Future Growth

How is Tianjin Jinran Public Utilities forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.8%

Forecasted Utilities 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 Tianjin Jinran Public Utilities 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.


Past Performance

How has Tianjin Jinran Public Utilities performed over the past 5 years?

-48.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1265 is currently unprofitable.

Growing Profit Margin: 1265 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1265 is unprofitable, and losses have increased over the past 5 years at a rate of 48.8% per year.

Accelerating Growth: Unable to compare 1265's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1265 is unprofitable, making it difficult to compare its past year earnings growth to the Gas Utilities industry (43.6%).


Return on Equity

High ROE: 1265 has a negative Return on Equity (-1.35%), as it is currently unprofitable.


Financial Health

How is Tianjin Jinran Public Utilities's financial position?


Financial Position Analysis

Short Term Liabilities: 1265's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥524.9M).

Long Term Liabilities: 1265's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥101.4M).


Debt to Equity History and Analysis

Debt Level: 1265 is debt free.

Reducing Debt: 1265 has not had any debt for past 5 years.

Debt Coverage: 1265 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1265 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Tianjin Jinran Public Utilities's current dividend yield, its reliability and sustainability?

13.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1265's dividend (13.83%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).

High Dividend: 1265's dividend (13.83%) is in the top 25% of dividend payers in the Hong Kong market (6.8%)


Stability and Growth of Payments

Stable Dividend: 1265 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1265's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: 1265 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Liangchuan Sun (46 yo)

1.42yrs

Tenure

CN¥159,345

Compensation

Mr. Liangchuan Sun serves as General Manager at Tianjin Jinran Public Utilities Company Limited since May 22, 2020. He has been Executive Director of Tianjin Jinran Public Utilities Company Limited since J...


CEO Compensation Analysis

Compensation vs Market: Liangchuan's total compensation ($USD24.95K) is below average for companies of similar size in the Hong Kong market ($USD227.69K).

Compensation vs Earnings: Insufficient data to compare Liangchuan's compensation with company performance.


Leadership Team

Experienced Management: 1265's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: 1265'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.


Ownership Breakdown

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


Top Shareholders

Company Information

Tianjin Jinran Public Utilities Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tianjin Jinran Public Utilities Company Limited
  • Ticker: 1265
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: HK$809.295m
  • Shares outstanding: 1.84b
  • Website: https://www.jinrangongyong.com

Number of Employees


Location

  • Tianjin Jinran Public Utilities Company Limited
  • Gangao Tower
  • Floor 9
  • Tianjin
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:23
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.