China Primary Energy Holdings Limited, an investment holding company, primarily engages in the transmission and distribution of natural gas in the People’s Republic of China and Hong Kong.
Adequate balance sheet and fair value.
Share Price & News
How has China Primary Energy Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8117's share price has been volatile over the past 3 months.
7 Day Return
HK Gas Utilities
1 Year Return
HK Gas Utilities
Return vs Industry: 8117 underperformed the Hong Kong Gas Utilities industry which returned -18.7% over the past year.
Return vs Market: 8117 underperformed the Hong Kong Market which returned 0.6% over the past year.
Price Volatility Vs. Market
How volatile is China Primary Energy Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDo Insiders Own Shares In China Primary Energy Holdings Limited (HKG:8117)?
1 month ago | Simply Wall StIf You Had Bought China Primary Energy Holdings (HKG:8117) Stock Five Years Ago, You'd Be Sitting On A 87% Loss, Today
3 months ago | Simply Wall StIs China Primary Energy Holdings (HKG:8117) Using Too Much Debt?
Is China Primary Energy Holdings 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: Insufficient data to calculate 8117's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8117's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8117 is good value based on its PE Ratio (6.2x) compared to the HK Gas Utilities industry average (15.6x).
PE vs Market: 8117 is good value based on its PE Ratio (6.2x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8117's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8117 is good value based on its PB Ratio (0.4x) compared to the HK Gas Utilities industry average (1.5x).
How is China Primary Energy Holdings 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 China Primary Energy 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 SimplyWall St do have past financial data.
- Examine whether China Primary Energy Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- China Primary Energy Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has China Primary Energy Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8117 has a large one-off gain of HK$56.1M impacting its March 31 2020 financial results.
Growing Profit Margin: 8117 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 8117 has become profitable over the past 5 years, growing earnings by 44.7% per year.
Accelerating Growth: 8117 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8117 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Gas Utilities industry (6.9%).
Return on Equity
High ROE: 8117's Return on Equity (5.9%) is considered low.
How is China Primary Energy Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8117's short term assets (HK$257.2M) exceed its short term liabilities (HK$209.3M).
Long Term Liabilities: 8117's short term assets (HK$257.2M) exceed its long term liabilities (HK$61.9M).
Debt to Equity History and Analysis
Debt Level: 8117's debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 8117's debt to equity ratio has increased from 15.6% to 25.7% over the past 5 years.
Debt Coverage: 8117's debt is well covered by operating cash flow (25.6%).
Interest Coverage: Insufficient data to determine if 8117's interest payments on its debt are well covered by EBIT.
What is China Primary Energy Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8117's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8117'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 8117's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8117's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8117's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
China Primary Energy Holdings has no CEO, or we have no data on them.
|Executive Chairman||12.67yrs||HK$1.26m||36.24% HK$52.7m|
|Compliance Officer & Executive Director||12.42yrs||HK$712.00k||no data|
|Independent Non-Executive Director||16.33yrs||HK$180.00k||no data|
|Independent Non-Executive Director||12.42yrs||HK$180.00k||no data|
|Independent Non-Executive Director||8.33yrs||HK$180.00k||no data|
|Non-Executive Director||2.08yrs||HK$180.00k||no data|
Experienced Board: 8117's board of directors are seasoned and experienced ( 12.4 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.
China Primary Energy Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: China Primary Energy Holdings Limited
- Ticker: 8117
- Exchange: SEHK
- Founded: 2001
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: HK$145.406m
- Shares outstanding: 1.02b
- Website: https://china-p-energy.etnet.com.hk
Number of Employees
- China Primary Energy Holdings Limited
- Ocean Centre
- Suite 701
- Tsim Sha Tsui
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8117||SEHK (The Stock Exchange of Hong Kong Ltd.)||HKD0.0625||HK||HKD||No data|
|8117||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 2001|
China Primary Energy Holdings Limited, an investment holding company, primarily engages in the transmission and distribution of natural gas in the People’s Republic of China and Hong Kong. The company operates through three segments: Transmission and Distribution of Natural Gas, Trading of Electronic Components, and Property Investment. It also engages in the development and use of energy technology, as well as provides promotion and technical consulting services. In addition, the company trades in composite materials. The company was formerly known as China Primary Resources Holdings Limited. China Primary Energy Holdings Limited was incorporated in 2001 and is headquartered in Tsim Sha Tsui, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 12:43|
|End of Day Share Price||2020/07/09 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.