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 |
EBITDA | -32.68M | -76.44M | -24.30M | -131.42M | -232.40M |
Net Income | -42.56M | -98.41M | -33.00M | -260.72M | -325.39M |
Balance Sheet | |||||
Total Assets | 1.06B | 1.08B | 1.16B | 1.92B | 2.24B |
Cash, Cash Equivalents and Short-Term Investments | 127.72M | 150.51M | 176.27M | 151.77M | 129.97M |
Total Debt | 310.88M | 331.53M | 324.07M | 692.19M | 782.75M |
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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
68 Neutral | 324.17M | 1.26 | 0.00% | ― | -37.38% | 337.64% | |
59 Neutral | 340.98M | -0.93 | 0.00% | ― | -2.11% | -779.00% | |
56 Neutral | 982.78M | 16.76 | 0.00% | 3.28% | -8.93% | -25.43% | |
50 Neutral | 8.99B | -366.26 | -5.86% | 0.66% | 4.15% | -432.65% | |
49 Neutral | €340.94M | ― | -10.68% | ― | 0.97% | 33.70% | |
48 Neutral | 117.41M | -4.02 | -10.29% | ― | -36.59% | 48.63% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
Shengli Oil & Gas Pipe Holdings Ltd. issued a clarification announcement regarding a recent media article that inaccurately reported a potential collaboration with a financial platform. The company clarified that while a representative from the financial platform visited one of its subsidiary’s factories, no discussions about collaboration took place, and there are no current plans to engage in such an arrangement. The announcement emphasizes the importance of relying on official company statements for accurate information and advises caution to shareholders and potential investors regarding market rumors.
Shengli Oil & Gas Pipe Holdings Ltd. has issued a profit warning, indicating an expected loss for the first half of 2025. Despite an increase in production, sales volumes, and gross profit from national pipeline projects, the company anticipates a slight increase in loss due to a one-off litigation provision. However, the total comprehensive loss is expected to decrease compared to the previous year due to favorable changes in the fair value of an unlisted equity investment.
Shengli Oil & Gas Pipe Holdings Ltd. has announced its intention to dispose of its 98% equity interest in Zhejiang Shengguan Industrial Co., Ltd., a subsidiary with no business operations but holding a significant stake in Xinfeng Energy Enterprise Group Co., Ltd. The disposal will be conducted through a public tender process, with a minimum bidding price set at RMB29.50 million. The financial impact of this disposal on Shengli will depend on the final bidding price, but it is expected to result in a gain on disposal of approximately RMB14,000 and a decrease in fair value of the equity investment by RMB14,272,000.
Shengli Oil & Gas Pipe Holdings Ltd. has announced an upcoming board meeting scheduled for August 25, 2025. The meeting will focus on reviewing and approving the unaudited interim results for the first half of 2025 and discussing the potential declaration and payment of an interim dividend. This announcement is significant as it could impact the company’s financial performance and shareholder returns.
Shengli Oil & Gas Pipe Holdings Ltd. announced a litigation involving its subsidiaries, Zhejiang Shengguan Industrial Co., Ltd. and Shandong Shengli Steel Pipe Co., Ltd., related to an arbitration judgment. The judgment required Xinfeng Energy Enterprise Group Co., Ltd. to pay Gansu Keyao Electric Power Co., Ltd. a sum of RMB17,195,839.93, which was not paid on time, leading to further legal actions. The court ruled that Hangzhou Hanyue New Energy Co., Ltd. and Zhejiang Shengguan are liable for supplementary compensation, with Zhejiang Shengguan’s appeal against this judgment being dismissed. This litigation highlights potential financial liabilities for Shengli’s subsidiaries and underscores the complex legal challenges the company faces in its operations.
Shengli Oil & Gas Pipe Holdings Ltd. has announced a change in its Nomination Committee, effective from July 1, 2025, where Ms. Han Aizhi will replace Mr. Zhang Bizhuang as a member. This change aligns with the revised Corporate Governance Code, impacting the company’s governance structure and potentially enhancing compliance with new regulatory standards.
Shengli Oil & Gas Pipe Holdings Ltd. announced changes to its board of directors, effective from July 1, 2025. The new board structure includes a mix of executive, non-executive, and independent non-executive directors, with specific roles in audit, nomination, and remuneration committees. These changes are likely to impact the company’s governance and strategic direction, potentially influencing its market positioning and stakeholder relations.
Shengli Oil & Gas Pipe Holdings Ltd. announced the results of its Annual General Meeting held on June 20, 2025, where all proposed resolutions, except one, were approved by shareholders. The resolutions included the adoption of financial statements, re-election of directors, and granting of mandates to the board for share issuance and repurchase, indicating strong shareholder support and strategic flexibility for the company.
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.