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Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. (1938) Stock Price & Analysis

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1938 Stock Chart & Stats

HK$0.17-HK$0.01(-7.26%)
At close: 4:00 PM GMT+8
HK$0.2HK$0.25HK$0.3Aug 17Aug 31Sep 14Sep 28Oct 12Oct 27Nov 9
Day’s Range
HKD 0.15 - HKD 0.17
52-Week Range
HKD 0.15 - HKD 0.46
Previous Close
HKD 0.18
Volume
N/A
Average Volume (3M)
262.10K
Market Cap
HKD 167.85M
Enterprise Value
HKD 2.23B
Total Cash (Recent Filing)
HKD 59.94M
Total Debt (Recent Filing)
HKD 1.79B
Price to Earnings (P/E)
1.2
Beta
0.85
Next Earnings
Mar 31, 2027 (Est.)
EPS Estimate
N/A
Last Dividend Ex-Date
Jun 14, 2013
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Profitability Recovery

The recovery from a 2021 loss to sustained profits through 2025 shows a materially stronger earnings base. A 10.5% net margin provides more internal funding for operations and investment, although the durability of this improvement still depends on restoring stronger operating profitability.

Positive Cash Generation

Returning to positive operating cash flow and free cash flow improves the company’s ability to fund operations without relying entirely on external capital. This supports financial resilience and gives management greater flexibility, even though the latest cash generation weakened materially year over year.

Improved Capital Structure

The substantial reduction in debt-to-equity and rebuilding of equity represent meaningful balance-sheet progress from earlier stress. A healthy 2025 return on equity indicates that the enlarged equity base is generating returns, strengthening long-term financial stability despite remaining leverage.

Bears Say

Revenue Contraction

The 2025 revenue decline, following two years of growth, indicates renewed cyclical or end-market pressure on demand. Persistent contraction would reduce operating leverage, limit the company’s ability to spread fixed costs, and make the recent earnings recovery harder to sustain over the next several quarters.

Thin Operating Margin

A 1.4% operating margin leaves limited protection against further cost increases or selling-price pressure. The decline from 5.0% in 2023 also shows that operating profitability is weakening even while net income remains positive, making earnings more vulnerable to continued industry volatility.

Weaker Cash Conversion

The sharp fall in free cash flow and the gap between cash generation and reported net income point to weaker earnings quality in the latest year. Choppy cash conversion can constrain reinvestment, debt reduction, and shareholder distributions, increasing reliance on operating recovery for financial flexibility.

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$0.15 and its highest was HK$0.46 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$167.85M.
When is Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
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 Aug 28, 2026. The company reported HK$0.05 earnings per share for the quarter.
Is Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. pay dividends?
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd. pays an annual dividend of HK$0.076 which represents an annual dividend yield of ―. 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$0.05 in its last earnings report. Following the earnings report the stock price went down -14.286%.
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