Suchuang Gas Corporation Limited, an investment holding company, engages in the distribution and sale of piped natural gas to industrial, commercial, and residential users in Mainland China and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$2.42|
|52 Week High||HK$1.77|
|52 Week Low||HK$2.43|
|1 Month Change||0%|
|3 Month Change||21.61%|
|1 Year Change||8.04%|
|3 Year Change||-7.28%|
|5 Year Change||7.56%|
|Change since IPO||15.79%|
Recent News & Updates
Suchuang Gas (HKG:1430) Might Be Having Difficulty Using Its Capital Effectively
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
|1430||HK Gas Utilities||HK Market|
Return vs Industry: 1430 underperformed the Hong Kong Gas Utilities industry which returned 10.2% over the past year.
Return vs Market: 1430 exceeded the Hong Kong Market which returned 6.7% over the past year.
Stable Share Price: 1430 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: 1430's weekly volatility (6%) has been stable over the past year.
About the Company
Suchuang Gas Corporation Limited, an investment holding company, engages in the distribution and sale of piped natural gas to industrial, commercial, and residential users in Mainland China and internationally. It also provides natural gas transmission services; operates as a contractor for the construction and installation of gas pipelines; and constructs and operates natural gas refuelling stations. As of December 31, 2020, the company operated 5 compressed natural gas (CNG) /liquefied natural gas (LNG) refueling stations, including 3 stations in Guangyuan; 1 station in Taicang; and 1 station in Suzho; and served 627 commercial and industrial customers, and 260,500 residential customers.
Suchuang Gas Fundamentals Summary
|1430 fundamental statistics|
Is 1430 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1430 income statement (TTM)|
|Cost of Revenue||CN¥1.08b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.072|
|Net Profit Margin||5.13%|
How did 1430 perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Suchuang Gas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1430 (HK$2.42) is trading above our estimate of fair value (HK$0.67)
Significantly Below Fair Value: 1430 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1430 is poor value based on its PE Ratio (27.4x) compared to the Hong Kong Gas Utilities industry average (10.2x).
PE vs Market: 1430 is poor value based on its PE Ratio (27.4x) compared to the Hong Kong market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1430's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1430's PB Ratio (1.2x) is in line with the HK Gas Utilities industry average.
How is Suchuang Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Suchuang Gas 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.
How has Suchuang Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1430 has a large one-off gain of CN¥28.7M impacting its June 30 2021 financial results.
Growing Profit Margin: 1430's current net profit margins (5.1%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: 1430's earnings have declined by 16.3% per year over the past 5 years.
Accelerating Growth: 1430's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1430 had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Gas Utilities industry average (43.6%).
Return on Equity
High ROE: 1430's Return on Equity (4.3%) is considered low.
How is Suchuang Gas's financial position?
Financial Position Analysis
Short Term Liabilities: 1430's short term assets (CN¥988.8M) exceed its short term liabilities (CN¥459.8M).
Long Term Liabilities: 1430's short term assets (CN¥988.8M) exceed its long term liabilities (CN¥179.8M).
Debt to Equity History and Analysis
Debt Level: 1430's debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 1430's debt to equity ratio has increased from 9.8% to 10.1% over the past 5 years.
Debt Coverage: 1430's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 1430 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Suchuang Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1430's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.24%).
High Dividend: 1430's dividend (1.11%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.8%).
Stability and Growth of Payments
Stable Dividend: 1430 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1430 has only been paying a dividend for 6 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.4%), 1430's dividend payments are well covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shaozhou Du (68 yo)
Mr. Shaozhou Du is the Chief Executive Officer of Suchuang Gas Corporation Limited and Executive Director since September 12, 2014 Mr. Du has over 45 years of experience in the oil and gas industry. He has...
CEO Compensation Analysis
Compensation vs Market: Shaozhou's total compensation ($USD196.06K) is below average for companies of similar size in the Hong Kong market ($USD290.41K).
Compensation vs Earnings: Shaozhou's compensation has been consistent with company performance over the past year.
Experienced Management: 1430's management team is considered experienced (2.2 years average tenure).
Experienced Board: 1430's board of directors are considered experienced (3.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Suchuang Gas Corporation Limited's employee growth, exchange listings and data sources
- Name: Suchuang Gas Corporation Limited
- Ticker: 1430
- Exchange: SEHK
- Founded: 2002
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: HK$2.185b
- Shares outstanding: 903.08m
- Website: https://www.suchuanggas.com
Number of Employees
- Suchuang Gas Corporation Limited
- 116 Loujiang South Road
- Taicang City
- Jiangsu Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 10:04|
|End of Day Share Price||2021/09/24 00:00|
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.