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China Huarong Energy

DB:XYTA
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XYTA
DB
HK$334M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

China Huarong Energy Company Limited, an investment holding company, engages in the production and sale of crude oil. The last earnings update was 8 days ago. More info.


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  • China Huarong Energy has significant price volatility in the past 3 months.
XYTA Share Price and Events
7 Day Returns
0%
DB:XYTA
6.5%
DE Oil and Gas
2.1%
DE Market
1 Year Returns
-53.8%
DB:XYTA
28.1%
DE Oil and Gas
-16.6%
DE Market
XYTA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Huarong Energy (XYTA) 0% -29.4% -40% -53.8% -87.5% -98.2%
DE Oil and Gas 6.5% -7.3% -23.7% 28.1% -18.9% 149.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • XYTA underperformed the Oil and Gas industry which returned 28.1% over the past year.
  • XYTA underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
XYTA
Industry
5yr Volatility vs Market

XYTA Value

 Is China Huarong Energy 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 China Huarong Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as China Huarong Energy 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 China Huarong Energy. This is due to cash flow or dividend data being unavailable. The share price is €0.006.
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 China Huarong Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Huarong Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:XYTA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥-0.03
SEHK:1101 Share Price ** SEHK (2020-04-07) in HKD HK$0.07
SEHK:1101 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.909 CN¥0.06
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.51x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of China Huarong Energy.

DB:XYTA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1101 Share Price ÷ EPS (both in CNY)

= 0.06 ÷ -0.03

-2.11x

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

  • China Huarong Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • China Huarong Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does China Huarong Energy's expected growth come at a high price?
Raw Data
DB:XYTA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*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 China Huarong Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Huarong Energy's assets?
Raw Data
DB:XYTA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥-0.62
SEHK:1101 Share Price * SEHK (2020-04-07) in HKD HK$0.07
SEHK:1101 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.909 CN¥0.06
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:XYTA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1101 Share Price ÷ Book Value per Share (both in CNY)

= 0.06 ÷ -0.62

-0.1x

* Primary Listing of China Huarong Energy.

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

  • China Huarong Energy has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.

Next steps:

  1. Take a look at our analysis of XYTA’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 potential returns from the core activities, the size of each contract's opportunity, and the capacity 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 China Huarong Energy's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Oil and Gas 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 China Huarong Energy'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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check)
  5. China Huarong Energy 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.

XYTA Future Performance

 How is China Huarong Energy 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 China Huarong Energy 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
13.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Huarong Energy expected to grow at an attractive rate?
  • Unable to compare China Huarong Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China Huarong Energy's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare China Huarong Energy's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:XYTA Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:XYTA 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 CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:XYTA Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 48 -349
2019-06-30 55 -46 2,169
2019-03-31 52 -124 2,249
2018-12-31 49 -201 2,328
2018-06-30 24 -125 -57
2018-03-31 35 -53 -467
2017-12-31 45 20 -877
2017-09-30 -555 14 -2,156
2017-06-30 -598 8 -2,427
2017-03-31 -2,358 34 -2,996

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China Huarong Energy is high growth as no earnings estimate data is available.
  • Unable to determine if China Huarong Energy 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:XYTA 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 China Huarong Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XYTA Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 -0.03
2019-06-30 0.55
2019-03-31 0.65
2018-12-31 0.79
2018-06-30 -0.02
2018-03-31 -0.21
2017-12-31 -0.40
2017-09-30 -0.99
2017-06-30 -1.12
2017-03-31 -1.38

*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 China Huarong Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of XYTA’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. China Huarong Energy'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. China Huarong Energy'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 China Huarong Energy'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.
China Huarong Energy 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.

XYTA Past Performance

  How has China Huarong Energy 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 China Huarong Energy's growth in the last year to its industry (Oil and Gas).
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.
  • China Huarong Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare China Huarong Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China Huarong Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
China Huarong Energy'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 China Huarong Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XYTA Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 47.75 -348.95 45.51
2019-06-30 54.98 2,168.91 52.95
2019-03-31 51.97 2,248.54 55.24
2018-12-31 48.96 2,328.17 57.52
2018-06-30 24.29 -56.85 -215.78
2018-03-31 34.75 -466.79 -78.12
2017-12-31 45.21 -876.74 59.54
2017-09-30 -555.23 -2,156.08 236.82 -7.10
2017-06-30 -598.09 -2,427.34 18.81 -12.62
2017-03-31 -2,358.44 -2,996.05 -1,621.30 -6.31
2016-12-31 -4,118.79 -3,564.76 -3,261.42
2016-09-30 -3,618.68 -5,017.45 -1,920.31 16.24
2016-06-30 -3,118.56 -6,470.15 -579.20 32.49
2016-03-31 -1,190.05 -6,506.51 1,204.19 35.40
2015-12-31 738.47 -6,542.87 2,987.58 38.31
2015-09-30 -1,046.59 -6,636.21 3,213.27 34.94
2015-06-30 -2,831.64 -6,729.55 3,438.97 31.58
2015-03-31 -3,317.00 -7,242.24 3,499.16 47.33
2014-12-31 -3,802.37 -7,754.93 3,559.35 63.08
2014-09-30 -2,982.56 -12,840.58 5,886.76 118.37
2014-06-30 -827.10 -10,483.54 3,989.20 73.87
2014-03-31 303.34 -10,265.00 4,107.08 86.82
2013-12-31 1,343.57 -8,685.18 3,751.11 61.85
2013-09-30 3,375.91 -1,646.84 454.51 24.01
2013-06-30 4,072.60 -2,051.22 1,340.83 135.21

*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 China Huarong Energy 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 China Huarong Energy has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China Huarong Energy 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 China Huarong Energy'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 Oil and Gas 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.
China Huarong Energy 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.

XYTA Health

 How is China Huarong Energy'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 China Huarong Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Huarong Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • China Huarong Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of China Huarong Energy'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.
  • High level of physical assets or inventory.
  • China Huarong Energy 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 China Huarong Energy Company Filings, last reported 3 months ago.

DB:XYTA Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 -8,563.51 3,594.54 42.85
2019-06-30 -8,636.68 3,464.03 9.32
2019-03-31 -8,636.68 3,464.03 9.32
2018-12-31 -9,630.13 3,640.43 9.30
2018-06-30 -12,067.26 23,846.41 39.55
2018-03-31 -12,067.26 23,846.41 39.55
2017-12-31 -11,246.36 23,875.77 69.86
2017-09-30 -11,246.36 23,875.77 69.86
2017-06-30 -10,141.49 23,496.11 90.26
2017-03-31 -10,141.49 23,496.11 90.26
2016-12-31 -9,263.76 23,686.08 107.26
2016-09-30 -9,263.76 23,686.08 107.26
2016-06-30 -7,686.87 22,891.88 62.84
2016-03-31 -7,686.87 22,891.88 62.84
2015-12-31 -5,702.97 22,397.25 69.23
2015-09-30 -5,702.97 22,397.25 69.23
2015-06-30 -902.79 22,080.84 77.65
2015-03-31 -902.79 22,080.84 77.65
2014-12-31 313.70 22,306.43 143.10
2014-09-30 313.70 22,306.43 143.10
2014-06-30 3,116.76 22,480.19 393.53
2014-03-31 3,116.76 22,480.19 393.53
2013-12-31 6,169.05 21,839.64 117.02
2013-09-30 10,680.05 7,493.35
2013-06-30 14,838.27 23,989.38 888.24
  • China Huarong Energy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if China Huarong Energy's debt level has increased considering it has negative shareholder equity.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on China Huarong Energy's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess China Huarong Energy'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. China Huarong Energy 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.

XYTA Dividends

 What is China Huarong Energy'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 China Huarong Energy dividends.
If you bought €2,000 of China Huarong Energy 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 China Huarong Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Huarong Energy'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:XYTA 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 Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

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

DB:XYTA Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2013-10-21 0.000 0.000
2013-09-13 0.000 0.000
2013-08-28 0.000 0.000
2013-04-26 0.000 0.000
2013-04-22 0.000 0.000
2013-03-26 0.000 0.000
2012-09-07 0.000 0.000
2012-08-21 0.000 0.000
2012-05-23 0.370 5.913
2012-03-20 0.520 6.612
2011-09-05 0.520 5.237
2011-08-24 0.520 4.055
2011-04-28 0.340 1.780

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

  • Unable to perform a dividend volatility check as China Huarong Energy has not reported any payouts.
  • Unable to verify if China Huarong Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Huarong Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Huarong Energy 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 China Huarong Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 China Huarong Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Huarong Energy 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.

XYTA Management

 What is the CEO of China Huarong Energy'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
Qiang Chen
COMPENSATION CN¥1,513,000
AGE 58
CEO Bio

Mr. Qiang Chen serves as the Chief Executive Officer of China Huarong Energy Company Limited. Mr. Chen has more than 25 years' work experience in shipbuilding industry. He is well-known in the shipbuilding industry both inside and outside of the PRC. He served as Deputy Manager of Jiangnan Shipyard Group Co., Ltd since 1998. He was the Founder of Shanghai Waigaoqiao Shipbuilding Co., Ltd. He served as an Assistant to the general manager and subsequently a Deputymanager of Jiangnan Shipbuilding Group Co., Ltd.from 1996 to 1999. He served as deputy general manager and the Vice-chairman to the board of directors and General manager of ShanghaiWaigaoqiao Shipbuilding Co., Ltd. from 1999 to 2004. and He is a member of the council of CCS. Mr. Chen has been the Chairman and Executive Director of China Huarong Energy Company Limited since November 26, 2012 and October 24, 2010 respectively. He served as Executive Vice Chairman of China Rongsheng Heavy Industries Group Holdings Limited from August 21, 2012 to November 26, 2012. He has been an Executive Director of China Rongsheng Heavy Industries Group Holdings Limited since October 24, 2010. He serves as a director of Rongsheng Research and Design. He serves as a Vice President of the China Association of the National Shipbuilding Industry. He sits on the technical committees of several of the world's largest classification societies including DNV, ABS, GL, LR, BV and CCS. He was named as one of the “one hundred entrepreneurial talents“ by the Jiangsu provincial government. He was ranked 41st among the “100 Most Influential People in Shipping Today“ by TradeWinds in June 2010, a Norway-based international shipping publication. Mr. Chen holds a Doctoral degree in the naval architecture and ocean engineering, from Harbin Engineering University. He holds an MBA degree from China Europe International Business School in 2002. Mr. Chen obtained a master's degree in professional accounting (EMPAcc) from the Chinese University of Hong Kong and was awarded the CFO Qualifying Certificate from the Shanghai National Accounting Institute in August 2010. He obtained a bachelor's degree in marine power engineering from Shanghai Jiao Tong University in 1982.

CEO Compensation
  • Qiang's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Qiang's remuneration is lower than average for companies of similar size in Germany.
Management Team

Qiang Chen

TITLE
Chairman & CEO
COMPENSATION
CN¥2M
AGE
58

Liang Hong

TITLE
COO & Executive Director
COMPENSATION
CN¥1M
AGE
48
TENURE
2.4 yrs

Wen Hua Zhu

TITLE
Executive Director
COMPENSATION
CN¥1M
AGE
50

Jian Hua Chang

TITLE
President
AGE
50
TENURE
4.4 yrs

Chen Guo

TITLE
Executive Vice President and President of Rongsheng Research & Design
AGE
76

Shao Jun Jia

TITLE
Head of The Development and Planning Working Group
AGE
49

Jianmin Niu

TITLE
Executive Director
AGE
52

Guo Rong Chen

TITLE
President of Rongsheng Heavy Industries
AGE
58

Zhi Ming Zou

TITLE
President of Rong An Power Machinery
COMPENSATION
CN¥1,000K
AGE
75

Guang Yao

TITLE
President of Rongsheng Machinery
AGE
52
Board of Directors Tenure

Average tenure and age of the China Huarong Energy board of directors in years:

6.3
Average Tenure
58
Average Age
  • The tenure for the China Huarong Energy board of directors is about average.
Board of Directors

Qiang Chen

TITLE
Chairman & CEO
COMPENSATION
CN¥2M
AGE
58
TENURE
7.4 yrs

Liang Hong

TITLE
COO & Executive Director
COMPENSATION
CN¥1M
AGE
48
TENURE
9.5 yrs

Wen Hua Zhu

TITLE
Executive Director
COMPENSATION
CN¥1M
AGE
50
TENURE
6.3 yrs

Jianmin Niu

TITLE
Executive Director
AGE
52
TENURE
0.1 yrs

Zheng Yu

TITLE
Chairman of Rongsheng Machinery
AGE
72

Don Lee

TITLE
CEO of Rongsheng Offshore & Marine Pte Ltd and Director of Rongsheng Offshore & Marine Pte Ltd
AGE
70

Jin Lian Wang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥304K
AGE
73
TENURE
6.8 yrs

Zhan Zhou

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥304K
AGE
57
TENURE
5.9 yrs

Cheung Mau Lam

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥304K
AGE
63
TENURE
4.4 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 China Huarong Energy'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. China Huarong Energy 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.

XYTA News

Simply Wall St News

XYTA Company Info

Description

China Huarong Energy Company Limited, an investment holding company, engages in the production and sale of crude oil. It operates four oilfields in the Fergana Valley of the Republic of Kyrgyzstan; and sells petroleum products. The company was formerly known as China Rongsheng Heavy Industries Group Holdings Limited and changed its name to China Huarong Energy Company Limited in April 2015. China Huarong Energy Company Limited was incorporated in 2010 and is headquartered in Wanchai, Hong Kong.

Details
Name: China Huarong Energy Company Limited
XYTA
Exchange: DB
Founded: 2010
HK$39,553,836
4,770,491,507
Website: http://www.huarongenergy.com.hk
Address: China Huarong Energy Company Limited
China Evergrande Centre,
22nd Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1101 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 19. Nov 2010
DB XYTA Ordinary Shares Deutsche Boerse AG DE EUR 19. Nov 2010
SEHK 1101 HKD0.5 The Stock Exchange of Hong Kong Ltd. HK HKD 07. Apr 2020
Number of employees
Current staff
Staff numbers
93
China Huarong Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 23:02
End of day share price update: 2020/04/07 00:00
Last earnings filing: 2020/03/30
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.