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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$0.20 - HK$0.58
Previous CloseN/A
Volume18.00K
Average Volume (3M)586.00K
Market Cap
HK$207.28M
Enterprise ValueHK$1.94B
Total Cash (Recent Filing)HK$26.17M
Total Debt (Recent Filing)HK$1.74B
Price to Earnings (P/E)0.7
Beta0.69
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 Ratio0.08
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
Sustained ProfitabilityThe company rebuilt an earnings base after 2021 losses and reported sustained profitability across 2022–2025. This durable earnings restoration strengthens creditor and supplier confidence, supports internal reinvestment and potential shareholder distributions, and materially reduces insolvency risk over the next several quarters.
Improved Capital StructureLeverage has normalized significantly from 2020 extremes and equity has been rebuilt, with ROE near 16% in 2025. A stronger capital structure and healthy ROE improve funding flexibility, debt servicing capacity and ability to fund modest capex or working-capital needs across industry cycles.
Positive Cash GenerationOperating and free cash flow returned to positive territory versus 2021, providing internal liquidity for operations and debt service. Even with FCF decline in 2025, consistent positive cash generation reduces dependence on external funding and supports operational continuity over the medium term.
Bears Say
Revenue DeclineA ~14.9% revenue decline in 2025 signals end-market softness and weak demand for steel products. Sustained top-line contraction undermines operating leverage, constrains margin recovery and reduces cash flow headroom, making profitability and balance-sheet repair more difficult if demand remains muted.
Thin Operating MarginOperating margin compressed to ~1.4% in 2025 from higher levels earlier, leaving minimal buffer for raw-material or energy cost moves. Such a thin operating margin reduces earnings resilience, increases sensitivity to cyclical swings, and limits the company's ability to self-fund investments without tightening financial policies.
Meaningful Leverage RiskDebt still exceeds equity at ~1.16x, so leverage remains a structural constraint. In combination with thin operating margins and cyclical revenue risk, meaningful leverage reduces liquidity and covenant headroom, heightening refinance and interest-rate vulnerability during any sustained industry downturn.
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$0.20 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$207.28M.
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 26 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
―
Trailing 12-Months
Asset Growth
-4.75%
Trailing 12-Months
Company Description
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. is an investment holding company that manufactures and sells welded steel pipes. It operates through the Steel Pipes and Property Development and Investment segments. The company primarily produces large-diameter longitudinal welded steel pipes used for energy transmission, such as oil and gas pipelines.
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. (1938) Earnings & Revenues
Technical Analysis
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