China Pipe Group Limited - 0380.HK

0380.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
0380.HK	4.7	0	9.8	3.4	-3.2	18.4	-25.6	-48.9	-70	-71.0
S&P 500	0.5	2.1	2.4	5.5	10.1	25.8	38.7	84.0	198.2	34547.3

Compare 0380.HK with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	0380.HK
name	China Pipe Group Limited
price	0.09
changes percentage	4.6512
change	0.004
day low	0.082
day high	0.09
year high	0.13
year low	0.064
market cap	119904300
price avg 50	0.0842
price avg 200	0.09055
exchange	HKSE
volume	432000
avg volume	207903
open	0.083
previous close	0.086
eps	0.05
pe	1.8
earnings announcement	2025-05-28T14:00:00.000+0000
shares outstanding	1332270000
timestamp	2025-01-21 06:45:49

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 68.7%

Overall Quarterly Financial Health: 83.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	714129000	636535000	12.19
gross profit	194651001	174857000	11.32
gross profit ratio	0.27	0.27	-0.78
research and development expenses	0	0	NaN
operating expenses	132046001	117811000	12.08
interest income	12979000	6384000	103.31
interest expense	6740000	5925000	13.76
ebitda	101353000	89683000	13.01
ebitdaratio	0.14	0.14	0.39
operating income	62605000	57783000	8.35
operating income ratio	0.09	0.09	-3.43
net income	58390000	49218000	18.64
net income ratio	0.08	0.08	5.75
eps	0.04	0.04	18.70

Overall Score of Annual Income Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 714 million in 2023 from 637 million in 2022 representing a change of 12.19%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 195 million in 2023 from 175 million in 2022 representing a change of 11.32%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Income: Operating income increased to 63 million in 2023 from 58 million in 2022 representing a change of 8.35%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 58 million in 2023 from 49 million in 2022 representing a change of 18.64%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 132 million in 2023 from 118 million in 2022 representing a change of 12.08%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 101 million in 2023 from 90 million in 2022 representing a change of 13.01%. The decrease in EBITDA indicates declined operational efficiency and profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	374299000	372869000	0.38
gross profit	113677000	100787000	12.79
gross profit ratio	0.3	0.27	12.36
research and development expenses	0	0	NaN
operating expenses	69557000	71732000	-3.03
interest income	7543000	6904000	9.26
interest expense	3255000	3563000	-8.64
ebitda	62352000	48348000	28.97
ebitdaratio	0.17	0.11	46.66
operating income	44120000	29055000	51.85
operating income ratio	0.12	0.08	51.27
net income	37398000	26744000	39.84
net income ratio	0.1	0.07	39.30
eps	0.03	0.02	39.80

Overall Score of Quarterly Income Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 374 million in 2024Q2 from 373 million in 2023Q4 representing a change of 0.38%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 114 million in 2024Q2 from 101 million in 2023Q4 representing a change of 12.79%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 70 million in 2024Q2 from 72 million in 2023Q4 representing a change of -3.03%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 62 million in 2024Q2 from 48 million in 2023Q4 representing a change of 28.97%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 44 million in 2024Q2 from 29 million in 2023Q4 representing a change of 51.85%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 37 million in 2024Q2 from 27 million in 2023Q4 representing a change of 39.84%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.03 in 2024Q2 from 0.03 in 2023Q4 representing a change of 39.8%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	950129000	902372000	5.29
total liabilities	220348000	230701000	-4.49
total equity	729781000	671671000	8.65
cash and cash equivalents	228138000	206487000	10.49
short term investments	1541000	1513000	1.85
long term investments	78312000	83154000	-5.82
total current assets	780339000	714434000	9.22
total non current assets	169790000	187938000	-9.66
total current liabilities	160141000	149918000	6.82
total non current liabilities	60207000	80783000	-25.47
common stock	26645000	26645000	0.00
retained earnings	536324000	477934000	12.22
total debt	144480000	154382000	-6.41

Overall Score of Annual Balance Sheet

0.89 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 950 million in 2023 from 902 million in 2022 representing a change of 5.29%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 220 million in 2023 from 231 million in 2022 representing a change of -4.49%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 730 million in 2023 from 672 million in 2022 representing a change of 8.65%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 228 million in 2023 from 206 million in 2022 representing a change of 10.49%. This indicates an increase in available liquid assets.

  Short Term Investments: Short Term Investments increased to 2 million in 2023 from 2 million in 2022 representing a change of 1.85%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 780 million in 2023 from 714 million in 2022 representing a change of 9.22%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 536 million in 2023 from 478 million in 2022 representing a change of 12.22%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 144 million in 2023 from 154 million in 2022 representing a change of -6.41%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Current Liabilities: Total Current Liabilities increased to 160 million in 2023 from 150 million in 2022 representing a change of 6.82%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
total assets	973121000	950129000	2.42
total liabilities	206111000	220348000	-6.46
total equity	767010000	729781000	5.10
cash and cash equivalents	313293000	275244000	13.82
short term investments	1521000	1541000	-1.30
long term investments	83267000	78312000	6.33
total current assets	810016000	780339000	3.80
total non current assets	163105000	169789999	-3.94
total current liabilities	157945000	160141000	-1.37
total non current liabilities	48166000	60207000	-20.00
common stock	26645000	26645000	0.00
retained earnings	577422000	540024000	6.93
total debt	133300999	144480000	-7.74

Overall Score of Quarterly Balance Sheet

0.89 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 973 million in 2024Q2 from 950 million in 2023Q4 representing a change of 2.42%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 206 million in 2024Q2 from 220 million in 2023Q4 representing a change of -6.46%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 767 million in 2024Q2 from 730 million in 2023Q4 representing a change of 5.1%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 313 million in 2024Q2 from 275 million in 2023Q4 representing a change of 13.82%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 810 million in 2024Q2 from 780 million in 2023Q4 representing a change of 3.8%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 158 million in 2024Q2 from 160 million in 2023Q4 representing a change of -1.37%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 577 million in 2024Q2 from 540 million in 2023Q4 representing a change of 6.93%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 133 million in 2024Q2 from 144 million in 2023Q4 representing a change of -7.74%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Short Term Investments: Short Term Investments decreased to 2 million in 2024Q2 from 2 million in 2023Q4 representing a change of -1.3%. This indicates a decrease in short-term investment holdings.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	22757000	34403000	-33.85
operating cash flow	40507000	70402000	-42.46
free cash flow	32308000	65303000	-50.53
capital expenditure	-8199000	-5099000	-60.80
depreciation and amortization	25769000	25516000	0.99
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	-5764000	-35086000	83.57
inventory	29896000	26998000	10.73
acquisitions net	0	0	NaN
investments in property plant and equipment	-8199000	-5099000	-60.80
net cash used for investing activites	-3110000	-5034000	38.22
debt repayment	8815000	-2666000	430.65
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-14370000	-29741000	51.68
cash at end of period	275244000	206487000	33.30
accounts receivables	-68981000	8460000	-915.38
cash at beginning of period	252487000	172084000	46.72

Overall Score of Annual Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 23 million in 2023 from 34 million in 2022 representing a change of -33.85%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 41 million in 2023 from 70 million in 2022 representing a change of -42.46%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 32 million in 2023 from 65 million in 2022 representing a change of -50.53%. This indicates a decrease in cash generated after accounting for capital expenditures.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to -8 million in 2023 from -5 million in 2022 representing a change of -60.8%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 6 million in 2023 from 35 million in 2022 representing a change of 83.57%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -69 million in 2023 from 8 million in 2022 representing a change of -915.38%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	56863000	24988000	127.56
free cash flow	55637000	21493000	158.86
capital expenditure	-1226000	-3495000	64.92
depreciation and amortization	13815000	13298000	3.89
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	-68981000	100.00
accounts payables	0	0	NaN
inventory	0	29896000	-100.00
acquisitions net	0	22000	-100.00
investments in property plant and equipment	-1226000	-3495000	64.92
net cash used for investing activites	-6226000	-3443000	-80.83
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-12040000	-10002000	-20.38
net change in cash	38049000	12005001	216.94
cash at end of period	313293000	275244000	13.82
cash at beginning of period	275244000	263238999	4.56

Overall Score of Quarterly Cashflow Statement

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 38 million in 2024Q2 from 12 million in 2023Q4 representing a change of 216.94%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 57 million in 2024Q2 from 25 million in 2023Q4 representing a change of 127.56%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 56 million in 2024Q2 from 21 million in 2023Q4 representing a change of 158.86%. This indicates an increase in cash generated after accounting for capital expenditures.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -1 million in 2024Q2 from -3 million in 2023Q4 representing a change of 64.92%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from -69 million in 2023Q4 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0.54	0.48	12.19
net income per share	0.04	0.04	18.64
operating cash flow per share	0.03	0.05	-42.46
free cash flow per share	0.02	0.05	-50.53
cash per share	0.17	0.16	10.42
book value per share	0.55	0.5	8.65
tangible book value per share	0.55	0.5	8.66
shareholders equity per share	0.55	0.5	8.65
interest debt per share	0.11	0.12	-5.67
market cap	117239408	125233004	-6.38
enterprise value	33581408	73128004	-54.08
pe ratio	2.01	2.54	-21.09
price to sales ratio	0.16	0.2	-16.55
pocfratio	2.89	1.78	62.71
pfcf ratio	3.63	1.92	89.22
pb ratio	0.16	0.19	-13.84
ptb ratio	0.16	0.19	-13.84
ev to sales	0.05	0.11	-59.07
enterprise value over ebitda	0.33	0.82	-59.37
ev to operating cash flow	0.83	1.04	-20.19
ev to free cash flow	1.04	1.12	-7.18
earnings yield	0.5	0.39	26.72
free cash flow yield	0.28	0.52	-47.15
debt to equity	0.2	0.23	-13.87
debt to assets	0.15	0.17	-11.12
net debt to ebitda	-0.83	-0.58	-42.07
current ratio	4.87	4.77	2.25
interest coverage	9.29	9.75	-4.76
income quality	0.69	1.21	-42.61
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.15	0.16	-3.95
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.0	0.0	-19.98
capex to operating cash flow	0.2	0.07	179.47
capex to revenue	0.01	0.01	43.32
capex to depreciation	0.32	0.2	59.22
stock based compensation to revenue	0	0	NaN
graham number	0.73	0.65	13.53
roic	0.06	0.06	2.67
return on tangible assets	0.06	0.05	12.66
graham net net	0.19	0.16	21.29
working capital	620198000	564516000	9.86
tangible asset value	729508000	671347000	8.66
net current asset value	559991000	483733000	15.76
invested capital	704519000	661931000	6.43
average receivables	169940500	195969500	-13.28
average payables	31100000	44330000	-29.84
average inventory	230514500	261898500	-11.98
days sales outstanding	95.91	87.29	9.87
days payables outstanding	21.18	25.34	-16.43
days of inventory on hand	152.7	192.67	-20.75
receivables turnover	3.81	4.18	-8.99
payables turnover	17.23	14.4	19.66
inventory turnover	2.39	1.89	26.18
roe	0.08	0.07	9.19
capex per share	0.01	0.0	60.80

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 2.01 on 2023-12-31 from 2.54 on 2022-12-31, representing a change of -21.09%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 4.87 on 2023-12-31 from 4.77 on 2022-12-31, representing a change of 2.25%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.20 on 2023-12-31 from 0.23 on 2022-12-31, representing a change of -13.87%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
0380.HK
calendar year	2024	2023	NaN
revenue per share	0.28	0.28	0.38
net income per share	0.03	0.02	39.84
operating cash flow per share	0.04	0.02	127.56
free cash flow per share	0.04	0.02	158.86
cash per share	0.24	0.21	13.74
book value per share	0.58	0.55	5.10
tangible book value per share	0.58	0.55	5.11
shareholders equity per share	0.58	0.55	5.10
interest debt per share	0.1	0.11	-7.76
market cap	150546058	117239408	28.41
enterprise value	-29445943	-13524592	-117.72
pe ratio	1.01	1.1	-8.17
price to sales ratio	0.4	0.31	27.92
pocfratio	2.65	4.69	-43.57
pfcf ratio	2.71	5.45	-50.39
pb ratio	0.2	0.16	22.18
ptb ratio	0.2	0.16	22.18
ev to sales	-0.08	-0.04	-116.89
enterprise value over ebitda	-0.47	-0.28	-68.82
ev to operating cash flow	-0.52	-0.54	4.32
ev to free cash flow	-0.53	-0.63	15.89
earnings yield	0.25	0.23	8.90
free cash flow yield	0.37	0.18	101.59
debt to equity	0.17	0.2	-12.22
debt to assets	0.14	0.15	-9.92
net debt to ebitda	-2.89	-2.7	-6.73
current ratio	5.13	4.87	5.25
interest coverage	13.55	8.15	66.22
income quality	1.52	0.93	62.73
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.16	0.08	98.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.0	0.0	-11.66
capex to operating cash flow	0.02	0.14	-84.58
capex to revenue	0.0	0.01	-65.06
capex to depreciation	0.09	0.26	-66.23
stock based compensation to revenue	0	0	NaN
graham number	0.6	0.5	21.23
roic	0.04	0.03	47.57
return on tangible assets	0.04	0.03	36.53
graham net net	0.28	0.23	20.67
working capital	652071000	620198000	5.14
tangible asset value	766763000	729508000	5.11
net current asset value	603905000	559991000	7.84
invested capital	724660000	704519000	2.86
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	48.79	45.29	7.72
days payables outstanding	10.29	9.97	3.15
days of inventory on hand	74.69	71.89	3.90
receivables turnover	1.84	1.99	-7.17
payables turnover	8.75	9.03	-3.06
inventory turnover	1.2	1.25	-3.76
roe	0.05	0.04	33.05
capex per share	0.0	0.0	-64.92

• Negative

  ROE: Return on Equity (ROE) increased to 0.05 on 2024-06-30 Q2 from 0.04 on 2023-12-31 Q4, representing a change of 33.05%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 1.01 on 2024-06-30 Q2 from 1.10 on 2023-12-31 Q4, representing a change of -8.17%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 5.13 on 2024-06-30 Q2 from 4.87 on 2023-12-31 Q4, representing a change of 5.25%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.17 on 2024-06-30 Q2 from 0.20 on 2023-12-31 Q4, representing a change of -12.22%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None