Shengli Oil & Gas Pipe Holdings Ltd. (1080) AI Stock Analysis

• Market Cap: HK$154.97M
• Dividend Yield: N/A
• Average Volume (3M): 2.44M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: -5.75%
• EPS Growth: 57.80%
• Country: HK
• Employees: 461
• Sector: Energy
• Sector Strength: 73
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): >-0.01
• Shares Outstanding: 3,874,365,500
• 10 Day Avg. Volume: 6,021,250
• 30 Day Avg. Volume: 2,438,583
• PEG Ratio: -0.01
• Price to Book (P/B): 0.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score of 49 reflects significant financial performance challenges, including negative income and cash flow issues. While there is some technical momentum, it is not strong enough to counterbalance the financial and valuation concerns. The valuation is weak due to ongoing losses, which impacts shareholder confidence.

Shengli Oil & Gas Pipe Holdings Ltd. Business Overview & Revenue Model

Company Description

Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, designs, processes, manufactures, and sells welded pipes for oil and gas pipeline, and other construction and manufacturing applications in Mainland China and Hong Kong. The company operates through two segments, Pipes Business and Trading Business. It produces submerged-arc helical and longitudinal welded pipes that are primarily used to transport crude oil, refined petroleum products, natural gas, and other related products, as well as used for the oil and infrastructure industry. The company also engages in the provision of anti-corrosion services for oil and gas pipelines, and other construction and manufacturing applications; trading of environmental energy equipment, fuel oil and chemical products, and commodities; and provision of new energy technical development services. In addition, it offers anti-corrosion technical and rental services; and trades in rolled coils. Shengli Oil & Gas Pipe Holdings Limited was founded in 1972 and is headquartered in Zibo, the People's Republic of China.

How the Company Makes Money

Shengli Oil & Gas Pipe Holdings Ltd. generates revenue through the manufacturing and sale of its pipe products to companies operating in the oil and gas sector. The company's key revenue streams include the sale of line pipes, casing pipes, and tubing, which are critical components in the exploration, drilling, and transportation activities of oil and gas companies. Significant partnerships with major oil and gas firms enhance its market reach and sales volume. Additionally, Shengli may engage in strategic contracts and projects that further bolster its revenue, though the specifics of such partnerships are often subject to industry demand and economic conditions.

Shengli Oil & Gas Pipe Holdings Ltd. Financial Statement Overview

Summary

Shengli Oil & Gas Pipe Holdings Ltd. faces significant financial challenges, marked by declining revenues, persistent losses, and unstable cash flows. The balance sheet reflects increasing financial leverage and reduced equity, raising concerns about financial stability.

Income Statement

The company has consistently reported declining revenues over the years with a recent slight uptick in gross profit margin from 2023 to 2024. However, it continues to suffer from negative EBIT and net income, indicating ongoing operational challenges and inability to cover operating expenses with revenue.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio and declining stockholders' equity, reflecting a weakening financial position. The equity ratio has been decreasing, indicating increased reliance on liabilities over equity. Despite these weaknesses, the company maintains a reasonable level of cash and short-term investments.

Cash Flow

The company experienced significant fluctuations in free cash flow, with negative free cash flow in recent years, indicating potential liquidity issues. The operating cash flow has also been inconsistent, aligning with the challenges in maintaining positive net income.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
570.07M	591.88M	1.05B	1.53B	856.43M
	Gross Profit
59.14M	33.46M	101.98M	135.82M	44.23M
	EBIT
-50.86M	-89.79M	-62.37M	-89.77M	-171.91M
	EBITDA
-32.68M	-76.44M	-24.30M	-131.42M	-232.40M
	Net Income Common Stockholders
-42.56M	-98.41M	-33.00M	-260.72M	-325.39M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
127.72M	150.51M	176.27M	151.77M	129.97M
	Total Assets
1.06B	1.08B	1.16B	1.92B	2.24B
	Total Debt
310.88M	331.53M	324.07M	692.19M	782.75M
	Net Debt
183.16M	194.21M	165.30M	557.88M	669.59M
	Total Liabilities
637.17M	580.15M	553.81M	1.29B	1.38B
	Stockholders Equity
418.18M	495.20M	593.54M	626.43M	841.60M
Cash Flow		Free Cash Flow
13.11M	-34.71M	39.90M	-5.77M	92.05M
	Operating Cash Flow
16.24M	-26.70M	54.94M	38.44M	120.01M
	Investing Cash Flow
9.00M	12.03M	-151.42M	57.39M	-66.06M
	Financing Cash Flow
-34.84M	-6.79M	121.09M	-74.98M	-40.33M

Shengli Oil & Gas Pipe Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1080, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.73 is Neutral, neither overbought nor oversold. The STOCH value of 27.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1080.

Shengli Oil & Gas Pipe Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2688	77 Outperform	HK$73.47B	11.22	13.65%	56.67%	-5.28%	-13.15%
1071	73 Outperform	HK$63.11B	9.56	13.59%	2.97%	-5.59%	25.60%
1171	64 Neutral	$118.25B	5.35	22.05%	7.96%	2.87%	―
1193	59 Neutral	$48.31B	11.82	9.94%	6.57%	1.39%	-21.74%
Sector *	58 Neutral	$7.56B	3.29	-4.46%	10.00%	0.84%	-49.61%
1080	49 Neutral	HK$154.97M	―	-9.22%	―	-5.75%	57.80%
1813	40 Neutral	$1.08B	―	-95.62%	―	-31.29%	57.76%

Shengli Oil & Gas Pipe Holdings Ltd. Corporate Events

Shengli Oil & Gas Pipe Holdings Ltd. Announces AGM and Key Resolutions

Shengli Oil & Gas Pipe Holdings Ltd. has announced its upcoming annual general meeting scheduled for June 20, 2025, where key resolutions will be discussed, including the adoption of financial statements, re-election of directors, and authorization of director remuneration. The meeting will also address the re-appointment of auditors and grant the board powers to issue additional shares, which could impact the company’s capital structure and market operations.

Shengli Oil & Gas Pipe Holdings to Revise Articles of Association

Shengli Oil & Gas Pipe Holdings Ltd. has announced its intention to adopt new Articles of Association to align with recent amendments to the Hong Kong Stock Exchange’s listing rules. These changes include provisions for a paperless listing regime, hybrid or electronic general meetings, and the use of treasury shares. The proposed amendments will be presented for approval at the company’s annual general meeting in June 2025, aiming to enhance operational efficiency and shareholder engagement.

Shengli Oil & Gas Pipe Holdings Updates Nomination Committee Terms

Shengli Oil & Gas Pipe Holdings Ltd. has updated the terms of reference for its Nomination Committee, effective July 1, 2025. The Committee’s responsibilities include reviewing the Board’s structure and diversity, identifying qualified candidates for Board positions, assessing the independence of directors, and supporting succession planning. These changes aim to align with the company’s corporate strategy and enhance governance practices, potentially impacting the company’s operational effectiveness and stakeholder confidence.