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Synthesis Energy Systems

DB:3KB
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3KB
DB
$3M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Synthesis Energy Systems, Inc., an energy company, engages in licensing and commercializing SES gasification technology for the production of synthesis gas in China and internationally. The last earnings update was 35 days ago. More info.


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  • Synthesis Energy Systems has significant price volatility in the past 3 months.
3KB Share Price and Events
7 Day Returns
3.3%
DB:3KB
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-55.4%
DB:3KB
-57.2%
Europe Energy Services
-20.9%
DE Market
3KB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Synthesis Energy Systems (3KB) 3.3% -36.9% -74.8% -55.4% -96.2% -97.1%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 3KB outperformed the Energy Services industry which returned -57.2% over the past year.
  • 3KB underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
3KB
Industry
5yr Volatility vs Market

3KB Value

 Is Synthesis Energy Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Synthesis Energy Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Synthesis Energy Systems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Synthesis Energy Systems. This is due to cash flow or dividend data being unavailable. The share price is €1.88.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Synthesis Energy Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Synthesis Energy Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:3KB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-21.08
NasdaqCM:SES Share Price ** NasdaqCM (2020-04-06) in USD $2.15
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Synthesis Energy Systems.

DB:3KB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:SES Share Price ÷ EPS (both in USD)

= 2.15 ÷ -21.08

-0.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Synthesis Energy Systems is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Synthesis Energy Systems is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Synthesis Energy Systems's expected growth come at a high price?
Raw Data
DB:3KB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Synthesis Energy Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Synthesis Energy Systems's assets?
Raw Data
DB:3KB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $-16.20
NasdaqCM:SES Share Price * NasdaqCM (2020-04-06) in USD $2.15
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:3KB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:SES Share Price ÷ Book Value per Share (both in USD)

= 2.15 ÷ -16.20

-0.13x

* Primary Listing of Synthesis Energy Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Synthesis Energy Systems has negative assets, we can't compare the value of its assets to the Europe Energy Services industry average.

Next steps:

  1. Take a look at our analysis of 3KB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Synthesis Energy Systems's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Energy Services industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Synthesis Energy Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Synthesis Energy Systems has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

3KB Future Performance

 How is Synthesis Energy Systems expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Synthesis Energy Systems 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Synthesis Energy Systems expected to grow at an attractive rate?
  • Unable to compare Synthesis Energy Systems's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Synthesis Energy Systems's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Synthesis Energy Systems's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:3KB Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:3KB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3KB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 -4 -30
2019-09-30 -5 -10
2019-06-30 -6 -11
2019-03-31 0 -6 -11
2018-12-31 1 -6 -11
2018-09-30 1 -7 -9
2018-06-30 2 -6 -10
2018-03-31 1 -7 -23
2017-12-31 0 -7 -25
2017-09-30 0 -7 -27
2017-06-30 0 -9 -28
2017-03-31 0 -9 -19

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Synthesis Energy Systems is high growth as no earnings estimate data is available.
  • Unable to determine if Synthesis Energy Systems is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:3KB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Synthesis Energy Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3KB Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -21.08
2019-09-30 -7.50
2019-06-30 -7.74
2019-03-31 -7.86
2018-12-31 -7.88
2018-09-30 -6.75
2018-06-30 -7.01
2018-03-31 -17.11
2017-12-31 -17.97
2017-09-30 -20.15
2017-06-30 -20.90
2017-03-31 -14.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Synthesis Energy Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 3KB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Synthesis Energy Systems's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Synthesis Energy Systems's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Synthesis Energy Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Synthesis Energy Systems has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

3KB Past Performance

  How has Synthesis Energy Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Synthesis Energy Systems's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Synthesis Energy Systems does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Synthesis Energy Systems's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Synthesis Energy Systems's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Synthesis Energy Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Synthesis Energy Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3KB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -30.17 4.74
2019-09-30 -10.41 4.73
2019-06-30 -10.72 5.81
2019-03-31 0.36 -10.83 7.36
2018-12-31 1.16 -10.84 7.81
2018-09-30 1.24 -9.26 7.69
2018-06-30 1.51 -9.60 7.71
2018-03-31 1.28 -23.41 7.45
2017-12-31 0.49 -24.60 8.29
2017-09-30 0.42 -27.47 9.43
2017-06-30 0.15 -28.45 10.32
2017-03-31 0.33 -19.32 10.79
2016-12-31 0.36 -19.36 10.91
2016-09-30 0.40 -19.45 11.04
2016-06-30 0.65 -19.89 11.55
2016-03-31 4.98 -12.57 12.33
2015-12-31 7.72 -13.75 12.10
2015-09-30 11.55 -36.36 12.30
2015-06-30 15.52 -37.88 11.56
2015-03-31 15.25 -38.54 11.39
2014-12-31 19.69 -38.76 11.66
2014-09-30 21.72 -14.60 11.06
2014-06-30 17.51 -14.24 12.18
2014-03-31 13.34 -15.42 13.89
2013-12-31 6.41 -16.64 15.54
2013-09-30 0.51 -19.61 16.34
2013-06-30 0.58 -19.93 15.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Synthesis Energy Systems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Synthesis Energy Systems has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Synthesis Energy Systems improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Synthesis Energy Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Synthesis Energy Systems has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

3KB Health

 How is Synthesis Energy Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Synthesis Energy Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Synthesis Energy Systems's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Synthesis Energy Systems's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Synthesis Energy Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Synthesis Energy Systems has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Synthesis Energy Systems Company Filings, last reported 3 months ago.

DB:3KB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 -25.62 18.71 0.38
2019-09-30 -6.00 5.96 0.38
2019-06-30 -5.07 5.84 0.87
2019-03-31 1.26 5.72 2.39
2018-12-31 2.77 5.60 3.48
2018-09-30 4.35 5.49 5.35
2018-06-30 5.28 5.39 7.07
2018-03-31 11.47 5.29 8.62
2017-12-31 12.67 5.19 10.38
2017-09-30 12.20 0.00 5.15
2017-06-30 13.56 0.00 4.99
2017-03-31 33.22 0.00 7.01
2016-12-31 35.37 0.00 9.33
2016-09-30 37.49 0.00 11.10
2016-06-30 40.19 0.00 13.86
2016-03-31 50.10 6.96 16.70
2015-12-31 52.55 6.93 18.50
2015-09-30 55.79 6.29 21.52
2015-06-30 58.77 6.54 22.22
2015-03-31 48.36 6.51 11.62
2014-12-31 51.99 6.54 13.78
2014-09-30 77.07 0.00 14.47
2014-06-30 81.29 3.25 19.46
2014-03-31 84.85 3.25 21.77
2013-12-31 74.65 4.48 12.48
2013-09-30 75.39 4.44 15.12
2013-06-30 78.30 2.43 15.92
  • Synthesis Energy Systems has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Synthesis Energy Systems's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Synthesis Energy Systems has less than a year of cash runway based on current free cash flow.
  • Synthesis Energy Systems has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.1% each year.
X
Financial health checks
We assess Synthesis Energy Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Synthesis Energy Systems has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

3KB Dividends

 What is Synthesis Energy Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Synthesis Energy Systems dividends.
If you bought €2,000 of Synthesis Energy Systems shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Synthesis Energy Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Synthesis Energy Systems's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:3KB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Synthesis Energy Systems has not reported any payouts.
  • Unable to verify if Synthesis Energy Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Synthesis Energy Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Synthesis Energy Systems has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Synthesis Energy Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Synthesis Energy Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Synthesis Energy Systems has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

3KB Management

 What is the CEO of Synthesis Energy Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Rigdon
COMPENSATION $360,000
AGE 60
TENURE AS CEO 1.1 years
CEO Bio

Mr. Robert W. Rigdon is President, Chief Executive Officer and Principal Financial Officer of Synthesis Energy Systems, Inc. since March 1, 2019. He served as the Chief Executive Officer and President at Synthesis Energy Systems, Inc. since March 31, 2009 until February 15, 2016. Mr. Rigdon served as Senior Vice President of Global Development and Operations at Synthesis Energy Systems, Inc. from May 2008 to March 2009 and served as its Chief Operating Officer from November 2008 until March 2009. He was responsible for overseeing all aspects of Synthesis Energy Systems current and future coal gasification projects worldwide. His career has spanned several sectors of the Energy Industry, including Petrochemical Manufacturing and Operations, Project Engineering, Business Development and Commercial Leadership. From June 2004 until joining Synthesis Energy Systems, Inc., Mr. Rigdon served for GE Energy in a variety of capacities, including Manager of Gasification Engineering. He has been a Vice Chairman of Synthesis Energy Systems, Inc. since February 15, 2016. He has been a Director Synthesis Energy Systems, Inc. since August 2009 and ZCM-SES Sino-U.S. Clean Energy Technologies Limited since April 9, 2014. He served as a Director of IGCC Commercialization, Director of Gasification Industrials and Chemicals Business and Vice President of Gasification Technology and Engineering at GE Energy. His experience included various positions with GE's technology predecessor companies, ChevronTexaco and Texaco Chemicals Company, during which time he had leadership roles in the design and construction of gasification projects around the world. Mr. Rigdon is a Mechanical Engineer with a B.S. from Lamar University.

CEO Compensation
  • Robert's compensation has increased whilst company is loss making.
  • Robert's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Synthesis Energy Systems management team in years:

1.5
Average Tenure
60.5
Average Age
  • The average tenure for the Synthesis Energy Systems management team is less than 2 years, this suggests a new team.
Management Team

Robert Rigdon

TITLE
Vice Chairman
COMPENSATION
$360K
AGE
60
TENURE
1.1 yrs

David Hiscocks

TITLE
Corporate Controller
COMPENSATION
$150K
AGE
54
TENURE
2.9 yrs

Ron Higson

TITLE
Chief Operating Officer
AGE
61
TENURE
0.3 yrs

Ann Tanabe

TITLE
Vice President of Investor Relations

Francis Lau

TITLE
CTO - Emeritus & Consultant
AGE
72
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Synthesis Energy Systems board of directors in years:

10.2
Average Tenure
64
Average Age
  • The average tenure for the Synthesis Energy Systems board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Lorenzo Lamadrid

TITLE
Independent Chairman of the Board
COMPENSATION
$60K
AGE
68
TENURE
15 yrs

Robert Rigdon

TITLE
Vice Chairman
COMPENSATION
$360K
AGE
60
TENURE
4.2 yrs

Colin Tam

TITLE
Executive Chairman of Crystal Vision Energy Limited
TENURE
9.3 yrs

Harry Rubin

TITLE
Independent Director
COMPENSATION
$18K
AGE
66
TENURE
13.7 yrs

Denis Slavich

TITLE
Independent Director
AGE
78
TENURE
14.4 yrs

Ziwang Xu

TITLE
Independent Director
AGE
62
TENURE
10.2 yrs

Robert Anderson

TITLE
Independent Director
COMPENSATION
$19K
AGE
61
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Synthesis Energy Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Synthesis Energy Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

3KB News

Simply Wall St News

3KB Company Info

Description

Synthesis Energy Systems, Inc., an energy company, engages in licensing and commercializing SES gasification technology for the production of synthesis gas in China and internationally. Synthesis Energy Systems, Inc. was founded in 2003 and is headquartered in Houston, Texas.

Details
Name: Synthesis Energy Systems, Inc.
3KB
Exchange: DB
Founded: 2003
$3,134,248
1,576,500
Website: http://www.synthesisenergy.com
Address: Synthesis Energy Systems, Inc.
One Riverway,
Suite 1700,
Houston,
Texas, 77056,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM SES Common Stock Nasdaq Capital Market US USD 27. Apr 2005
DB 3KB Common Stock Deutsche Boerse AG DE EUR 27. Apr 2005
Number of employees
Current staff
Staff numbers
6
Synthesis Energy Systems employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 22:42
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2020/03/02
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.