SEHK:603

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China Oil And Gas Group

Executive Summary

China Oil And Gas Group Limited, an investment holding company, primarily invests in natural gas and energy related businesses in the People’s Republic of China and Canada. More Details


Snowflake Analysis

Undervalued with proven track record.

Share Price & News

How has China Oil And Gas Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.5%

603

-0.8%

HK Gas Utilities

-0.7%

HK Market


1 Year Return

-7.2%

603

-21.1%

HK Gas Utilities

0.4%

HK Market

Return vs Industry: 603 exceeded the Hong Kong Gas Utilities industry which returned -20.3% over the past year.

Return vs Market: 603 underperformed the Hong Kong Market which returned 0.3% over the past year.


Shareholder returns

603IndustryMarket
7 Day-1.5%-0.8%-0.7%
30 Day31.1%3.0%4.9%
90 Day38.5%-4.0%1.2%
1 Year-7.2%-7.2%-19.0%-21.1%4.6%0.4%
3 Year-39.8%-40.7%5.2%-1.8%-7.1%-17.2%
5 Year-41.5%-42.9%38.9%24.3%15.0%-4.5%

Price Volatility Vs. Market

How volatile is China Oil And Gas Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Oil And Gas Group 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: 603 (HK$0.32) is trading below our estimate of fair value (HK$1.24)

Significantly Below Fair Value: 603 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 603 is good value based on its PE Ratio (5x) compared to the HK Gas Utilities industry average (13.8x).

PE vs Market: 603 is good value based on its PE Ratio (5x) compared to the Hong Kong market (11x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 603's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 603 is good value based on its PB Ratio (0.5x) compared to the HK Gas Utilities industry average (1.3x).


Next Steps

Future Growth

How is China Oil And Gas Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.9%

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 China Oil And Gas 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 China Oil And Gas Group performed over the past 5 years?

30.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603 has high quality earnings.

Growing Profit Margin: 603's current net profit margins (3.3%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 603's earnings have grown significantly by 30.3% per year over the past 5 years.

Accelerating Growth: 603's earnings growth over the past year (18.1%) is below its 5-year average (30.3% per year).

Earnings vs Industry: 603 earnings growth over the past year (18.1%) exceeded the Gas Utilities industry -0.2%.


Return on Equity

High ROE: 603's Return on Equity (11.1%) is considered low.


Next Steps

Financial Health

How is China Oil And Gas Group's financial position?


Financial Position Analysis

Short Term Liabilities: 603's short term assets (HK$5.3B) exceed its short term liabilities (HK$4.8B).

Long Term Liabilities: 603's short term assets (HK$5.3B) do not cover its long term liabilities (HK$5.9B).


Debt to Equity History and Analysis

Debt Level: 603's debt to equity ratio (110.6%) is considered high.

Reducing Debt: 603's debt to equity ratio has increased from 104.1% to 110.6% over the past 5 years.

Debt Coverage: 603's debt is well covered by operating cash flow (21.4%).

Interest Coverage: 603's interest payments on its debt are well covered by EBIT (13.4x coverage).


Balance Sheet


Next Steps

Dividend

What is China Oil And Gas Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 603's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 603'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 603's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 603's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 603 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 603'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?

10.5yrs

Average board tenure


CEO

Tie-liang Xu (56 yo)

10.92yrs

Tenure

HK$7,463,000

Compensation

Mr. Tie-liang Xu has been the Chief Executive Officer of China Oil And Gas Group Limited since November 4, 2009 and also has been its Executive Chairman since August 30, 2006. Mr. Xu has 29 years’ experien ...


CEO Compensation Analysis

Compensation vs Market: Tie-liang's total compensation ($USD962.96K) is above average for companies of similar size in the Hong Kong market ($USD293.81K).

Compensation vs Earnings: Tie-liang's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Chunsun Liu
Executive Director2.33yrsno data0.013%
HK$ 211.3k
Tie-liang Xu
Executive Chairman & CEO10.92yrsHK$7.46m30.34%
HK$ 478.3m
Yijun Guan
VP & Executive Director10.08yrsHK$1.51mno data
Jie Yang
Independent Non-Executive Director3.42yrsHK$120.00kno data
Guangtian Wang
Independent Non-Executive Director10.92yrsHK$120.00kno data
Yunlong Li
Independent Non Executive Director12.5yrsHK$120.00kno data

10.5yrs

Average Tenure

56yo

Average Age

Experienced Board: 603's board of directors are seasoned and experienced ( 10.5 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

China Oil And Gas Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Oil And Gas Group Limited
  • Ticker: 603
  • Exchange: SEHK
  • Founded:
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: HK$1.577b
  • Shares outstanding: 4.93b
  • Website: https://www.hk603.com

Number of Employees


Location

  • China Oil And Gas Group Limited
  • Sino Plaza
  • Suite 2805
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GPI1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 1993
603SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 1993
CLSZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 1993

Biography

China Oil And Gas Group Limited, an investment holding company, primarily invests in natural gas and energy related businesses in the People’s Republic of China and Canada. The company operates through thr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 12:47
End of Day Share Price2020/10/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.