Sinostar PEC Holdings Limited, an investment holding company, produces and supplies petrochemical products in the People’s Republic of China.
Fair value with questionable track record.
Share Price & News
How has Sinostar PEC Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: C9Q has not had significant price volatility in the past 3 months.
7 Day Return
SG Oil and Gas
1 Year Return
SG Oil and Gas
Return vs Industry: C9Q exceeded the SG Oil and Gas industry which returned -18.5% over the past year.
Return vs Market: C9Q underperformed the SG Market which returned -1.8% over the past year.
Price Volatility Vs. Market
How volatile is Sinostar PEC Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StKey Things To Watch Out For If You Are After Sinostar PEC Holdings Limited's (SGX:C9Q) 2.5% Dividend
1 month ago | Simply Wall StWhat Kind Of Investor Owns Most Of Sinostar PEC Holdings Limited (SGX:C9Q)?
1 month ago | Simply Wall StA Close Look At Sinostar PEC Holdings Limited’s (SGX:C9Q) 14% ROCE
Is Sinostar PEC 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: C9Q (SGD0.17) is trading above our estimate of fair value (SGD0.07)
Significantly Below Fair Value: C9Q is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: C9Q is good value based on its PE Ratio (8x) compared to the Oil and Gas industry average (8x).
PE vs Market: C9Q is good value based on its PE Ratio (8x) compared to the SG market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate C9Q's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: C9Q is good value based on its PB Ratio (0.7x) compared to the SG Oil and Gas industry average (0.7x).
How is Sinostar PEC Holdings 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 Sinostar PEC 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 Sinostar PEC 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.
- Sinostar PEC Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Sinostar PEC Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: C9Q has high quality earnings.
Growing Profit Margin: C9Q's current net profit margins (2.2%) are lower than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: C9Q's earnings have grown by 14.7% per year over the past 5 years.
Accelerating Growth: C9Q's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: C9Q had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-1.3%).
Return on Equity
High ROE: C9Q's Return on Equity (8.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Sinostar PEC Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: C9Q's short term assets (CN¥380.7M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: C9Q's short term assets (CN¥380.7M) exceed its long term liabilities (CN¥62.5M).
Debt to Equity History and Analysis
Debt Level: C9Q's debt to equity ratio (113.7%) is considered high.
Reducing Debt: Insufficient data to determine if C9Q's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: C9Q's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: C9Q's interest payments on its debt are well covered by EBIT (4x coverage).
Inventory Level: C9Q has a high level of physical assets or inventory.
Debt Coverage by Assets: C9Q's debt is not covered by short term assets (assets are 0.4x debt).
What is Sinostar PEC Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: C9Q's dividend (2.85%) is higher than the bottom 25% of dividend payers in the SG market (2.53%).
High Dividend: C9Q's dividend (2.85%) is low compared to the top 25% of dividend payers in the SG market (5.71%).
Stability and Growth of Payments
Stable Dividend: C9Q has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: C9Q has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.2%), C9Q'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 board tenure
Liu Cheng Zhang (47yo)
Mr. Liu Cheng Zhang serves as the Chief Executive Officer of Sinostar PEC Holdings Limited and previously served the same position from March 7, 2015 to February 2018. Mr. Zhang served as Deputy General Ma ...
|CEO & Executive Director||0yrs||no data||no data|
|Independent Non-Executive Director||12.7yrs||no data||no data|
|Non-Executive Chairman||0yrs||no data||no data|
|Independent Non-Executive Director||4.9yrs||no data||no data|
|Non Executive Director||0.8yrs||no data||no data|
Experienced Board: C9Q's board of directors are considered experienced (8.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sinostar PEC Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Sinostar PEC Holdings Limited
- Ticker: C9Q
- Exchange: SGX
- Founded: 2006
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: S$110.720m
- Shares outstanding: 640.00m
- Website: https://www.sinostar-pec.com
Number of Employees
- Sinostar PEC Holdings Limited
- Prudential Tower
- 30 Cecil Street, No. 19-08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|C9Q||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Sep 2007|
|41S||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2007|
Sinostar PEC Holdings Limited, an investment holding company, produces and supplies petrochemical products in the People’s Republic of China. It operates through two segments, Gas Separation, and Transport and Logistic Services. The company offers liquefied petroleum gas (LPG), which is used as a source of fuel by households and industrial manufacturers; propylene, an organic compound to produce chemical intermediates, such as polypropylene and vinyl; and polypropylene, a thermoplastic polymer under the Hengchang brand that is used to produce plastic products for various industrial applications. It also provides logistics and transportation services for LPG and petroleum related products. Sinostar PEC Holdings Limited sells its products to manufacturers of petrochemical and plastic products, as well as LPG distributors. The company was incorporated in 2006 and is based in Singapore. Sinostar PEC Holdings Limited is a subsidiary of Intelligent People Holdings Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:51|
|End of Day Share Price||2020/02/10 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.