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Offshore Oil Engineering Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Construction
  • ISIN: CNE0000019T2
  • SHG: 600583
CNY
6.36
-0.09 (-1.4%)

Sep 23

SHG

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Offshore Oil Engineering Co., Ltd.

Why is Offshore Oil Engineering Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 10.88%
  • The company has been able to generate a Return on Capital Employed (avg) of 10.88% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of 7.67% and Operating profit at 17.52% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 5.29% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 7.67% and Operating profit at 17.52% over the last 5 years
4
Flat results in Jun 26
  • OPERATING CASH FLOW(Y) Lowest at CNY 3,206.52 MM
5
With ROE of 6.68%, it has a fair valuation with a 0.77 Price to Book Value
  • Over the past year, while the stock has generated a return of 22.16%, its profits have fallen by -8.9%
  • At the current price, the company has a high dividend yield of 0
6
Market Beating Performance
  • The stock has generated a return of 22.16% in the last 1 year, much higher than market (China Shanghai Composite) returns of 3.23%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Offshore Oil Engineering Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Construction should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Offshore Oil Engineering Co., Ltd. for you?

High Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Offshore Oil Engineering Co., Ltd.
21.37%
0.16
37.53%
China Shanghai Composite
3.0%
0.22
14.72%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
7.67%
EBIT Growth (5y)
17.52%
EBIT to Interest (avg)
75.96
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.64
Sales to Capital Employed (avg)
1.07
Tax Ratio
16.88%
Dividend Payout Ratio
41.58%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
13.36%
ROE (avg)
5.29%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
0.77
EV to EBIT
2.27
EV to EBITDA
1.35
EV to Capital Employed
0.39
EV to Sales
0.16
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
17.11%
ROE (Latest)
6.68%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

7What is working for the Company
INTEREST COVERAGE RATIO(Q)

Highest at 23,310.48

CASH AND EQV(HY)

Highest at CNY 37,777.27 MM

OPERATING PROFIT(Q)

Highest at CNY 1,080.72 MM

PRE-TAX PROFIT(Q)

Highest at CNY 762.23 MM

NET PROFIT(Q)

Highest at CNY 636.46 MM

EPS(Q)

Highest at CNY 0.15

-3What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at CNY 3,206.52 MM

Here's what is working for Offshore Oil Engineering Co., Ltd.

Interest Coverage Ratio
Highest at 23,310.48
in the last five periods
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Operating Profit
Highest at CNY 1,080.72 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Pre-Tax Profit
Highest at CNY 762.23 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit
Highest at CNY 636.46 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.15
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 37,777.27 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Depreciation
Highest at CNY 466.83 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CNY MM)

Depreciation
At CNY 466.83 MM has Grown at inf%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CNY MM)

Here's what is not working for Offshore Oil Engineering Co., Ltd.

Operating Cash Flow
Lowest at CNY 3,206.52 MM and Fallen
In each year in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

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