HENGYUAN Stock Overview
Hengyuan Refining Company Berhad refines, manufactures, and sells petroleum products in Malaysia and Southeast Asia.
+ 1 more risk
Hengyuan Refining Company Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM4.34|
|52 Week High||RM7.70|
|52 Week Low||RM3.65|
|1 Month Change||-18.73%|
|3 Month Change||-10.88%|
|1 Year Change||7.96%|
|3 Year Change||-1.14%|
|5 Year Change||-45.20%|
|Change since IPO||-40.55%|
Recent News & Updates
Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|HENGYUAN||MY Oil and Gas||MY Market|
Return vs Industry: HENGYUAN underperformed the MY Oil and Gas industry which returned 12.3% over the past year.
Return vs Market: HENGYUAN exceeded the MY Market which returned -10.2% over the past year.
|HENGYUAN Average Weekly Movement||11.3%|
|Oil and Gas Industry Average Movement||6.9%|
|Market Average Movement||5.2%|
|10% most volatile stocks in MY Market||11.3%|
|10% least volatile stocks in MY Market||2.4%|
Stable Share Price: HENGYUAN is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: HENGYUAN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of MY stocks.
About the Company
Hengyuan Refining Company Berhad refines, manufactures, and sells petroleum products in Malaysia and Southeast Asia. Its petroleum products include liquefied petroleum gas, petrol, jet fuel, diesel, fuel oil components, sulphur, and chemical feedstock comprises light naphtha and propylene. The company was formerly known as Shell Refining Company (Federation of Malaya) Berhad and changed its name to Hengyuan Refining Company Berhad in March 2017.
Hengyuan Refining Company Berhad Fundamentals Summary
|HENGYUAN fundamental statistics|
Is HENGYUAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HENGYUAN income statement (TTM)|
|Cost of Revenue||RM17.49b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.80|
|Net Profit Margin||4.39%|
How did HENGYUAN perform over the long term?See historical performance and comparison
4.6%Current Dividend Yield
Does HENGYUAN pay a reliable dividends?See HENGYUAN dividend history and benchmarks
|Hengyuan Refining Company Berhad dividend dates|
|Ex Dividend Date||Sep 30 2022|
|Dividend Pay Date||Oct 25 2022|
|Days until Ex dividend||4 days|
|Days until Dividend pay date||29 days|
Does HENGYUAN pay a reliable dividends?See HENGYUAN dividend history and benchmarks
Is HENGYUAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HENGYUAN?
Other financial metrics that can be useful for relative valuation.
|What is HENGYUAN's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does HENGYUAN's PE Ratio compare to its peers?
|HENGYUAN PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PETRONM Petron Malaysia Refining & Marketing Bhd
PETDAG PETRONAS Dagangan Berhad
HIBISCS Hibiscus Petroleum Berhad
KUB KUB Malaysia Berhad
HENGYUAN Hengyuan Refining Company Berhad
Price-To-Earnings vs Peers: HENGYUAN is good value based on its Price-To-Earnings Ratio (1.5x) compared to the peer average (14.3x).
Price to Earnings Ratio vs Industry
How does HENGYUAN's PE Ratio compare vs other companies in the Asian Oil and Gas Industry?
Price-To-Earnings vs Industry: HENGYUAN is good value based on its Price-To-Earnings Ratio (1.5x) compared to the Asian Oil and Gas industry average (8.6x)
Price to Earnings Ratio vs Fair Ratio
What is HENGYUAN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||1.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HENGYUAN's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of HENGYUAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HENGYUAN (MYR4.34) is trading above our estimate of fair value (MYR2.39)
Significantly Below Fair Value: HENGYUAN is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Hengyuan Refining Company Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Energy 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 Hengyuan Refining Company Berhad 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.
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- Check out Hengyuan Refining Company Berhad's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
How has Hengyuan Refining Company Berhad performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HENGYUAN has a high level of non-cash earnings.
Growing Profit Margin: HENGYUAN's current net profit margins (4.4%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: HENGYUAN's earnings have declined by 26.4% per year over the past 5 years.
Accelerating Growth: HENGYUAN's earnings growth over the past year (196.7%) exceeds its 5-year average (-26.4% per year).
Earnings vs Industry: HENGYUAN earnings growth over the past year (196.7%) exceeded the Oil and Gas industry 90.9%.
Return on Equity
High ROE: HENGYUAN's Return on Equity (53.3%) is considered outstanding.
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How is Hengyuan Refining Company Berhad's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HENGYUAN's short term assets (MYR6.7B) do not cover its short term liabilities (MYR6.9B).
Long Term Liabilities: HENGYUAN's short term assets (MYR6.7B) exceed its long term liabilities (MYR484.9M).
Debt to Equity History and Analysis
Debt Level: HENGYUAN's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: HENGYUAN's debt to equity ratio has reduced from 99.1% to 95.2% over the past 5 years.
Debt Coverage: HENGYUAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HENGYUAN's interest payments on its debt are well covered by EBIT (72.7x coverage).
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What is Hengyuan Refining Company Berhad current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HENGYUAN's dividend (4.61%) is higher than the bottom 25% of dividend payers in the MY market (2.05%).
High Dividend: HENGYUAN's dividend (4.61%) is low compared to the top 25% of dividend payers in the MY market (5.08%).
Stability and Growth of Payments
Stable Dividend: HENGYUAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: HENGYUAN's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.6%), HENGYUAN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HENGYUAN is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Grant Gao (46 yo)
Mr. Jin Liang Gao, also known as Grant, is Chief Executive Officer of Hengyuan Refining Company Berhad from August 04, 2021. He has experience from primary level to plant general manager in multinational c...
Experienced Management: HENGYUAN's management team is considered experienced (3.1 years average tenure).
Experienced Board: HENGYUAN's board of directors are considered experienced (5.3 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.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Hengyuan Refining Company Berhad's employee growth, exchange listings and data sources
- Name: Hengyuan Refining Company Berhad
- Ticker: HENGYUAN
- Exchange: KLSE
- Founded: 1960
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Implied Market Cap: RM1.302b
- Shares outstanding: 300.00m
- Website: https://www.hrc.com.my
Number of Employees
- Hengyuan Refining Company Berhad
- Batu 1
- Jalan Pantai
- Port Dickson
- Negeri Sembilan
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HENGYUAN||KLSE (Bursa Malaysia)||Yes||Ordinary Shares||MY||MYR||Jan 1992|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/25 00:00|
|End of Day Share Price||2022/09/23 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.