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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$293.23M
Enterprise ValueHK$2.20K
Total Cash (Recent Filing)HK$26.17M
Total Debt (Recent Filing)HK$1.74B
Price to Earnings (P/E)1.0
Beta0.78
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
Improved ProfitabilityThe company has remained profitable through 2022–2025 after a 2021 loss, while higher net margins and healthy ROE indicate improved earnings capacity. This provides a stronger base for resilience if operating conditions stabilize.
Reduced LeverageAlthough leverage remains meaningful, the substantial reduction from 2020 levels and rebuilding of equity have strengthened the balance sheet. This improves financial flexibility and lowers long-term solvency risk compared with the prior capital structure.
Positive Cash GenerationPositive operating cash flow and free cash flow show that the business can convert operations into internally generated funds. That supports ongoing investment and debt servicing without relying entirely on external financing, despite year-to-year volatility.
Bears Say
Revenue ContractionThe reversal from growth to a material revenue decline signals cyclical or end-market weakness in the steel business. Sustained lower volumes or demand could limit operating leverage, reduce earnings visibility, and delay a durable recovery in profitability.
Thin Operating MarginVery thin and declining operating margins leave limited protection against input-cost inflation, pricing pressure, or weaker utilization. This makes earnings particularly sensitive to industry cycles and reduces the sustainability of reported net profitability.
Cash Flow VolatilityThe sharp fall in free cash flow and weaker conversion of earnings into cash indicate working-capital swings or other recurring cash demands. This can constrain reinvestment and debt reduction, making financial performance less dependable across the cycle.
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$293.23M.
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 2 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, missing the consensus estimate of N/A by N/A.
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, missing 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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