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002778.SZ — Shenzhen Stock Exchange Oil & Gas Refining and Marketing

002778.Sz

¥20,46
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Mcap
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P/E
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EV / Rev
—
Div yield
0,00 %
Op margin
53,7 %
ROE
22,6 %
Net margin
38,0 %
Debt / equity
0,69
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

The company operates in the oil and gas refining and marketing industry, generating revenue primarily through the processing and distribution of petroleum products.

Business. The company operates in the oil and gas refining and marketing industry, generating revenue primarily through the processing and distribution of petroleum products.

Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Refining and Marketing
ActivityOil & Gas
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
22,6 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 002778.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 002778.SZ. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the oil and gas refining and marketing industry, generating revenue primarily through the processing and distribution of petroleum products.

    Classification92 %
    SectorEnergy
    Business sectorEnergy - Fossil Fuels
    IndustryOil & Gas Refining and Marketing
    ActivityOil & Gas
    AI synthesis
    GENERATED

    The company maintains a debt-to-equity ratio of 0.69, indicating a moderate reliance on debt financing, and a current ratio of 1.62, suggesting reasonable short-term liquidity. However, the risk assessment highlights a medium liquidity risk, with a key flag indicating that net cash is negative after subtracting total debt. This suggests that the company may need to manage its cash flow carefully to meet short-term obligations.

    Profitability metrics show a return on equity (ROE) of 22.58% and a return on assets (ROA) of 8.37%, both of which are strong indicators of efficient use of equity and assets. These figures are well above the typical thresholds for the industry, suggesting that the company is performing better than the median in terms of profitability and asset utilization.

    The company's revenue is concentrated in a single business segment, as disclosed in the financial snapshot, with no specific geographic breakdown provided. This lack of diversification may expose the company to higher operational and market risks if the segment faces any downturn.

    Looking ahead, the company is projected to maintain a stable growth trajectory, supported by its strong operating cash flow of 208.55 million CNY and a free cash flow of 40.09 million CNY. These figures indicate that the company has sufficient cash to fund operations and potentially invest in future growth opportunities.

    The risk assessment indicates a low dilution risk, with no immediate pressure for share issuance. However, the company's capital expenditure of -53.40 million CNY suggests that it is currently reducing its investment in long-term assets, which may affect its future growth potential. The absence of dilution risk is a positive sign for shareholders, as it implies that the company is not likely to issue additional shares that could dilute existing ownership.

    Recent financial filings and transcripts do not indicate any major events or strategic shifts that would significantly impact the company's operations or financial health. The company's last actual EPS was reported at 0.60 CNY, reflecting a stable earnings performance.

    Key takeaways
    • The company demonstrates strong profitability with a ROE of 22.58% and ROA of 8.37%.
    • The company has a moderate debt-to-equity ratio of 0.69 and a current ratio of 1.62, indicating a balanced capital structure.
    • The company's liquidity risk is assessed as medium, with a key flag indicating negative net cash after subtracting total debt.
    • The company is projected to maintain a stable growth trajectory, supported by strong operating and free cash flows.
    • The company has a low dilution risk, with no immediate pressure for share issuance.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥20,46
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
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    P / Bⓘ
    —
    P / Tangible bookⓘ
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    Tangible book
    ¥326.6M
    Net cashⓘ
    -¥226.9M
    Current ratioⓘ
    1.6
    Debt / equityⓘ
    0.7
    ROAⓘ
    8.4%
    ROEⓘ
    22.6%
    Cash conversionⓘ
    283.0%
    CapEx / revenueⓘ
    -27.5%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin53,7 %Best in class
    Net Margin38,0 %Best in class
    ROE22,6 %Best in class
    Capex / Rev-27,5 %Bottom quartile
    D/E0,69Below median
    Cash Conv2,83Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 002778.SZ Market data — financials · 2026-05-26
    • Jiangsu Zhongsheng Gaoke Environmental Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    002778.SZCanonical
    Shenzhen Stock Exchange · CNY

    Intel & risk

    What changed

    4 tracked-field change(s) detected vs prior analysis; max severity: medium.

    • Dilution risk— → lowlow
    • Liquidity risk— → mediumlow
    • Activity— → Oil & Gasmedium
    • Economic sector— → Energymedium
    vs prior analysis today
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage