CH Offshore Ltd., an investment holding company, provides marine support services to the offshore oil and gas industry. More Details
Adequate balance sheet and fair value.
Share Price & News
How has CH Offshore's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine C13's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine C13's volatility change over the past year.
7 Day Return
SG Energy Services
1 Year Return
SG Energy Services
Return vs Industry: C13 underperformed the SG Energy Services industry which returned -26.2% over the past year.
Return vs Market: C13 underperformed the SG Market which returned -10.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CH Offshore's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs CH Offshore (SGX:C13) Using Debt In A Risky Way?
4 months ago | Simply Wall StIs CH Offshore (SGX:C13) A Risky Investment?
8 months ago | Simply Wall StCH Offshore (SGX:C13) Is Carrying A Fair Bit Of Debt
Is CH Offshore undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: C13 (SGD0.04) is trading below our estimate of fair value (SGD0.24)
Significantly Below Fair Value: C13 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: C13 is unprofitable, so we can't compare its PE Ratio to the SG Energy Services industry average.
PE vs Market: C13 is unprofitable, so we can't compare its PE Ratio to the SG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate C13's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: C13 is good value based on its PB Ratio (0.3x) compared to the SG Energy Services industry average (0.4x).
How is CH Offshore forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 CH Offshore 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 CH Offshore 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.
- CH Offshore competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has CH Offshore performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: C13 is currently unprofitable.
Growing Profit Margin: C13 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: C13 is unprofitable, and losses have increased over the past 5 years at a rate of 55.9% per year.
Accelerating Growth: Unable to compare C13's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: C13 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (2.9%).
Return on Equity
High ROE: C13 has a negative Return on Equity (-11.71%), as it is currently unprofitable.
How is CH Offshore's financial position?
Financial Position Analysis
Short Term Liabilities: C13's short term assets ($22.6M) exceed its short term liabilities ($16.9M).
Long Term Liabilities: C13's short term assets ($22.6M) exceed its long term liabilities ($5.8M).
Debt to Equity History and Analysis
Debt Level: C13's debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if C13's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: C13's debt is well covered by operating cash flow (43.9%).
Interest Coverage: Insufficient data to determine if C13's interest payments on its debt are well covered by EBIT.
What is CH Offshore current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate C13's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate C13'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 C13's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if C13's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: C13 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of C13's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Benety Chang (73 yo)
Dr. Benety Chang serves as Chief Executive Officer and Executive Director of CH Offshore Ltd since September 1, 2018 and served as its Non-Executive Director since August 27, 2018. Dr. Chang serves as the ...
|CEO & Executive Director||2.33yrs||no data||no data|
|Non-Executive Independent Chairman & Lead Independent Director||2.42yrs||no data||no data|
|Non-Executive Director||2.42yrs||no data||no data|
|Non Executive Director||10.58yrs||no data||no data|
|Non-Executive Independent Director||5.83yrs||no data||no data|
|Non-Executive Director||2.42yrs||no data||no data|
Experienced Board: C13's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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.
CH Offshore Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: CH Offshore Ltd.
- Ticker: C13
- Exchange: SGX
- Founded: 1976
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: S$25.376m
- Shares outstanding: 704.89m
- Website: https://www.choffshore.com.sg
Number of Employees
- CH Offshore Ltd.
- 12A Jalan Samulun
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|C13||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Feb 2003|
CH Offshore Ltd., an investment holding company, provides marine support services to the offshore oil and gas industry. It is involved in the ownership and chartering of vessels. The company provides vario...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/16 11:10|
|End of Day Share Price||2021/01/11 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.