Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. (HK:1938)
:1938
Want to see HK:1938 full AI Analyst Report?
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$0.18 - HK$0.58
Previous CloseN/A
Volume18.00K
Average Volume (3M)586.00K
Market Cap
HK$323.57M
Enterprise ValueHK$1.97B
Total Cash (Recent Filing)HK$26.17M
Total Debt (Recent Filing)HK$1.74B
Price to Earnings (P/E)0.9
Beta0.63
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 & ROECapital structure has materially improved from extreme 2020 leverage, and a rebuilt equity base with ~16% ROE in 2025 indicates management is generating attractive returns on invested capital. This increases resilience and the firm's ability to fund operations and reinvest over the medium term.
Positive Operating And Free Cash FlowReturning to positive operating cash flow and free cash flow shows the business can internally fund working capital and some investment needs. Even with choppiness, consistent positive cash generation reduces reliance on external funding and supports durable operational continuity.
Recovered Net ProfitabilityThe company moved from a loss in 2021 to solid net profits and a ~10.5% net margin in 2025, demonstrating an ability to restore bottom-line profitability. This recovery underpins retained earnings, supports credit profiles, and provides a foundation for long-term value creation if sustained.
Bears Say
Revenue DeclineA near 15% revenue drop signals durable end-market softness or loss of volume that reduces scale benefits. Lower top-line makes it harder to cover fixed costs, compresses margins, and limits reinvestment capacity, posing a structural headwind to medium-term earnings stability.
Very Thin Operating MarginOperating profitability has eroded to a thin ~1.4%, leaving little buffer against raw material cost swings or weaker pricing. In a cyclical steel industry, such narrow operating margins increase the chance that modest revenue or cost shocks will push operating income negative, threatening durable profit generation.
Volatile And Weakening Free Cash FlowA 54% decline in free cash flow and erratic cash conversion indicate working-capital volatility and potential earnings quality issues. Volatile FCF undermines the firm's ability to reliably service debt, fund capex, or return capital, reducing strategic flexibility in adverse 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$0.18 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$323.57M.
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 99 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, an investment holding company, manufactures, sells, and exports longitudinal welded steel pipes in the People's Republic of China and internationally. It operates in two segments, Steel Pipes, and Property Development and Investment. The company offers longitudinal and spiral submerged arc-welded steel pipes. It also trades in steel pipes; manufactures and sells petrol fittings, oil country tubular goods, steel pipe and metallurgy equipment, and screw-thread steels; and provides steel pipe casing and lining, and port services. In addition, the company is involved in the property investment, development, and management activities; provision of manufacturing services for processing raw materials into steel pipes; trading of steel plates; and sale of steel fittings and scrap materials. Its steel pipes are primarily used for energy transmission, including oil and gas transmission pipelines, deep sea pipelines, city gas networks, and petrochemicals, as well as mining, infrastructure construction, offshore engineering, steel structure, and water utilities industries. The company was founded in 1993 and is headquartered in Kowloon Bay, Hong Kong. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited is a subsidiary of Bournam Profits Limited.
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. (1938) Earnings & Revenues
Technical Analysis
Da Ming International Holdings Limited
―
Newton Resources Ltd.
―
Shougang Concord Century Holding Ltd.
―
GDH Guangnan (Holdings) Limited
―
China Chengtong Development Group Limited
―