Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. (HK:1938)
:1938
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1938 Stock Chart & Stats
HK$0.28
<HK$0.01(1.15%)
At close: 4:00 PM EST
HK$0.28
<HK$0.01(1.15%)
Day’s Range― - ―
52-Week RangeHK$0.19 - HK$0.58
Previous CloseN/A
Volume18.00K
Average Volume (3M)586.00K
Market Cap
HK$278.06M
Enterprise ValueHK$1.96B
Total Cash (Recent Filing)HK$26.17M
Total Debt (Recent Filing)HK$1.74B
Price to Earnings (P/E)1.0
Beta0.68
Next Earnings
Aug 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.24
Shares Outstanding1,011,142,000
10 Day Avg. Volume300,600
30 Day Avg. Volume586,000
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.18
Price to Sales (P/S)0.11
P/FCF Ratio2.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Improving Leverage And Rebuilt EquityThe steady reduction in leverage and rebuilt equity provide a more resilient capital structure versus prior years. A debt-to-equity near 1.16x with ROE around 16% means the firm has regained balance-sheet capacity to withstand cyclical shocks and pursue gradual deleveraging or selective reinvestment.
Sustained Profitability With Solid Net MarginConsistent net profitability since 2022 and a ~10.5% net margin in 2025 indicate the business can generate recurring earnings despite cyclicality. Durable net income supports internal funding for operations, potential shareholder returns, and provides a buffer for reinvestment or managing downturns.
Positive Operating And Free Cash Flow In 2025Returning to positive operating and free cash flow demonstrates the company can convert earnings into real liquidity. Even with year-over-year FCF pressure, sustainable positive cash generation improves ability to service debt, fund maintenance capex, and reduces reliance on external financing in normal cycles.
Bears Say
Significant Revenue DeclineA roughly 15% revenue drop in 2025, following earlier volatility, signals weakening end-market demand or loss of volumes. Persistent top-line erosion constrains margin recovery, reduces absolute cash flow headroom, and makes deleveraging or growth reinvestment more difficult over the medium term.
Very Thin And Weakening Operating MarginOperating profitability has compressed materially, leaving little buffer for cost shocks or pricing pressure. A sub-2% operating margin limits the firm's ability to absorb input cost volatility common in steel and pipe markets and raises vulnerability to cyclical downturns despite positive net income.
Sharp Free Cash Flow Drop And Choppy Cash ConversionA large YoY FCF decline and weaker conversion of earnings into cash point to working-capital swings or lower earnings quality. Persistent FCF volatility constrains consistent debt reduction, capital investments, and shareholder returns, increasing financial risk across cycles.
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. News
1938 FAQ
What was Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s price range in the past 12 months?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. lowest stock price was HK$0.19 and its highest was HK$0.58 in the past 12 months.
What is Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s market cap?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s market cap is HK$278.06M.
When is Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s upcoming earnings report date?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s upcoming earnings report date is Aug 28, 2026 which is in 78 days.
How were Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s earnings last quarter?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. released its earnings results on Mar 30, 2026. The company reported HK$0.081 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.081.
Is Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. overvalued?
According to Wall Street analysts Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s price is currently Overvalued.
Does Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. pay dividends?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. pays a Annually dividend of HK$0.076 which represents an annual dividend yield of N/A. See more information on Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. dividends here
What is Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s EPS estimate?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. have?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. has 1,011,142,000 shares outstanding.
What happened to Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s price movement after its last earnings report?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. reported an EPS of HK$0.081 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.?
Currently, no hedge funds are holding shares in HK:1938
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
76.47%
12-Months-Change
Fundamentals
Return on Equity
16.63%
Trailing 12-Months
Asset Growth
-4.75%
Trailing 12-Months
Company Description
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited operates as an investment holding company, primarily engaged in the production, distribution, and international export of welded steel pipes across the People's Republic of China and global markets. The company's business activities are divided into two main divisions: Steel Pipes, and Property Development and Investment. Its product portfolio features both longitudinal and spiral submerged arc-welded steel pipes. Beyond manufacturing, the firm actively trades various steel pipes, and produces and sells a range of related items including petrol fittings, oil country tubular goods, specialized steel pipe and metallurgical equipment, and screw-thread steels. Additionally, it offers services such as steel pipe casing and lining, alongside port services. Within its property segment, the company manages investment, development, and management activities. Other supporting operations involve providing manufacturing services for processing raw materials into steel pipes, trading steel plates, and selling steel fittings and scrap materials. These versatile steel pipes are crucial for diverse applications, predominantly in energy transmission (including oil and gas pipelines, deep-sea pipelines, urban gas networks, and petrochemicals), mining, major infrastructure projects, offshore engineering, structural steel construction, and water utility systems. Established in 1993, the company is headquartered in Kowloon Bay, Hong Kong, and functions as a subsidiary of Bournam Profits Limited.
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. (1938) Earnings & Revenues
Technical Analysis
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