Honghua Group Ltd 00196

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

00196 is trading within a range we consider fairly valued.
Price
HK$0.09
Fair Value
HK$1.46
Uncertainty
Extreme
1-Star Price
HK$9.12
5-Star Price
HK$1.16
Economic Moat
Qjlgb
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.13
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Honghua Group Ltd is engaged in manufacturing drilling rigs, oil and gas exploitation equipment, providing drilling services and fracturing. It manufactures conventional land drilling rigs, digital drilling rigs, accessories for drilling rigs, as well as the parts and components for the drilling rigs or the maintenance of the drilling rigs in operation. Its segments include Land drilling rigs; Parts and components and others; Drilling engineering services; and Fracturing. It derives a majority of revenue from Parts and components and others segment. Geographically it operates in the PRC, Americas, Middle East, Europe and Central Asia, South Asia and South East and Africa, of which prime revenue is derived from the PRC.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Small Value
Total Number of Employees
2,795

Comparables

Valuation

Metric
00196
PHX
NESR
Price/Earnings (Normalized)
7.7017.76
Price/Book Value
0.211.911.06
Price/Sales
0.130.690.73
Price/Cash Flow
4.664.46
Price/Earnings
00196
PHX
NESR

Financial Strength

Metric
00196
PHX
NESR
Quick Ratio
0.921.060.84
Current Ratio
1.201.621.07
Interest Coverage
−0.9244.332.49
Quick Ratio
00196
PHX
NESR

Profitability

Metric
00196
PHX
NESR
Return on Assets (Normalized)
−2.23%15.29%2.83%
Return on Equity (Normalized)
−8.57%28.48%6.07%
Return on Invested Capital (Normalized)
−2.21%23.66%6.29%
Return on Assets
00196
PHX
NESR

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