Ratings China Petroleum Engineering Corporation

Equities

600339

CNE000001642

End-of-day quote Shanghai S.E. Other stock markets 23:00:00 13/05/2024 BST			5-day change	1st Jan Change
3.51 ^CNY	+1.15%		+2.93%	+15.84%

05-02	CNPC Unit Signs 5.2 Billion Saudi Riyal Deal to Rebuild Natural Gas Pipeline Network	MT
04-26	China Petroleum Engineering Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.
From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

The company's share price in relation to its net book value makes it look relatively cheap.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.

Weaknesses

The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
The company has insufficient levels of profitability.
With a 2024 P/E ratio at 23.4 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Construction & Engineering

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
CHINA PETROLEUM ENGINEERING CORPORATION	+15.84%	2.71B		C+
CENTURI HOLDINGS, INC.	0.00%	2.19B	-	-
TOP RESOURCE ENERGY CO., LTD.	-20.25%	762M		-
PRATHAM EPC PROJECTS LIMITED	0.00%	69.61M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes