135

Kunlun EnergySEHK:135 Stock Report

Market Cap

HK$76.2b

7D

-0.8%

1Y

63.3%

Updated

17 Sep, 2021

Data

Company Financials +
135 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends4/6

135 Overview

Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 135 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 135's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-0.8%

135

-2.0%

HK Gas Utilities

-4.6%

HK Market


1 Year Return

63.3%

135

25.8%

HK Gas Utilities

5.2%

HK Market

Return vs Industry: 135 exceeded the Hong Kong Gas Utilities industry which returned 25.1% over the past year.

Return vs Market: 135 exceeded the Hong Kong Market which returned 5.4% over the past year.


Shareholder returns

135IndustryMarket
7 Day-0.8%-2.0%-4.6%
30 Day18.0%-4.8%-1.0%
90 Day20.5%-0.7%-10.9%
1 Year139.6%63.3%32.0%25.8%9.0%5.2%
3 Year59.5%-1.4%19.8%7.9%10.5%-2.1%
5 Year148.6%46.7%78.8%54.4%29.9%6.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Kunlun Energy Fundamentals Summary

How do Kunlun Energy's earnings and revenue compare to its market cap?
135 fundamental statistics
Market CapCN¥63.21b
Earnings (TTM)CN¥5.43b
Revenue (TTM)CN¥127.28b

11.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
135 income statement (TTM)
RevenueCN¥127.28b
Cost of RevenueCN¥105.92b
Gross ProfitCN¥21.36b
ExpensesCN¥15.93b
EarningsCN¥5.43b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.63
Gross Margin16.78%
Net Profit Margin4.27%
Debt/Equity Ratio35.3%

How did 135 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

33%

Payout Ratio

Valuation

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

3.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 135 (HK$8.77) is trading below our estimate of fair value (HK$9.06)

Significantly Below Fair Value: 135 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 135's PE Ratio (11.6x) is in line with the Hong Kong Gas Utilities industry average.

PE vs Market: 135 is poor value based on its PE Ratio (11.6x) compared to the Hong Kong market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: 135's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 135's PB Ratio (1.2x) is in line with the HK Gas Utilities industry average.


Future Growth

How is Kunlun Energy forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

-44.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 135's earnings are forecast to decline over the next 3 years (-44.7% per year).

Earnings vs Market: 135's earnings are forecast to decline over the next 3 years (-44.7% per year).

High Growth Earnings: 135's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 135's revenue (12.2% per year) is forecast to grow faster than the Hong Kong market (12.1% per year).

High Growth Revenue: 135's revenue (12.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 135's Return on Equity is forecast to be low in 3 years time (11.3%).


Past Performance

How has Kunlun Energy performed over the past 5 years?

15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 135 has high quality earnings.

Growing Profit Margin: 135's current net profit margins (4.3%) are higher than last year (0.02%).


Past Earnings Growth Analysis

Earnings Trend: 135's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: 135's earnings growth over the past year (24600%) exceeds its 5-year average (15.8% per year).

Earnings vs Industry: 135 earnings growth over the past year (24600%) exceeded the Gas Utilities industry 43.6%.


Return on Equity

High ROE: 135's Return on Equity (11%) is considered low.


Financial Health

How is Kunlun Energy's financial position?


Financial Position Analysis

Short Term Liabilities: 135's short term assets (CN¥64.5B) exceed its short term liabilities (CN¥50.1B).

Long Term Liabilities: 135's short term assets (CN¥64.5B) exceed its long term liabilities (CN¥23.8B).


Debt to Equity History and Analysis

Debt Level: 135's debt to equity ratio (35.3%) is considered satisfactory.

Reducing Debt: 135's debt to equity ratio has increased from 35.1% to 35.3% over the past 5 years.

Debt Coverage: 135's debt is well covered by operating cash flow (50.4%).

Interest Coverage: 135's interest payments on its debt are well covered by EBIT (355.6x coverage).


Balance Sheet


Dividend

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

2.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 135's dividend (2.89%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).

High Dividend: 135's dividend (2.89%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.74%).


Stability and Growth of Payments

Stable Dividend: 135's dividend payments have been volatile in the past 10 years.

Growing Dividend: 135's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.5%), 135's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 135's dividends in 3 years are forecast to be well covered by earnings (34.5% payout ratio).


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Zhijia Qian (55 yo)

0.83

Tenure

Mr. Zhijia Qian serves as Executive Director and Chief Executive Officer at Kunlun Energy Company Limited since November 19, 2020. Mr. Qian has experience in the Chinese petroleum and gas industry and had...


Leadership Team

Experienced Management: 135's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: 135's board of directors are considered experienced (3.7 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

Kunlun Energy Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kunlun Energy Company Limited
  • Ticker: 135
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: HK$76.197b
  • Shares outstanding: 8.66b
  • Website: https://www.kunlun.com.hk

Number of Employees


Location

  • Kunlun Energy Company Limited
  • 118 Connaught Road West
  • 39th Floor
  • Hong Kong
  • Hong Kong

Listings


Biography

Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through four segments: Natural Gas Sale...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 15:35
End of Day Share Price2021/09/17 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.