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600506.SS — Shanghai Stock Exchange Oil & Gas Refining and Marketing

Tongyi Carbon Neutral Technology Xinjiang Co Ltd

¥17,67
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Mcap
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P/E
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EV / Rev
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Div yield
0,12 %
Op margin
0,6 %
ROE
2,9 %
Net margin
0,5 %
Debt / equity
1,04
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

Tongyi Carbon Neutral Technology Xinjiang Co Ltd operates in the oil and gas refining and marketing industry, generating revenue primarily through the processing and distribution of fossil fuels.

Business. Tongyi Carbon Neutral Technology Xinjiang Co Ltd (600506.SS) is an energy company engaged in oil and gas refining and marketing. The firm is headquartered in Xinjiang and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Refining and Marketing
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
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not yet scored
Valuation
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valuation pending
Analysts
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not yet wired
Ownership
—
not yet wired
Profitability→
2,9 %
return on equity
Quality
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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 600506.

    • 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 600506.SS. 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

    Tongyi Carbon Neutral Technology Xinjiang Co Ltd (600506.SS) is an energy company engaged in oil and gas refining and marketing. The firm is headquartered in Xinjiang and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

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

    Tongyi Carbon Neutral Technology Xinjiang Co Ltd exhibits a debt-to-equity ratio of 1.04, indicating a moderate reliance on debt financing, while its current ratio of 0.68 suggests potential liquidity constraints, as current assets fall short of current liabilities. The company's free cash flow is negative at -45.45 million CNY, and capital expenditures of -66.06 million CNY reflect ongoing investment in infrastructure or operational capacity.

    Profitability metrics show a return on equity of 2.95% and a return on assets of 0.7%, both below the industry median for refining and marketing firms, indicating suboptimal capital efficiency and asset utilization. Gross profit of 462.29 million CNY supports a 19.17% margin, but operating income of 14.88 million CNY and net income of 13.08 million CNY suggest thin operating margins and limited profitability.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification, implying high exposure to regional demand and regulatory shifts in the fossil fuel sector. This lack of diversification increases vulnerability to market volatility and policy changes.

    Outlook data indicates a modest growth trajectory, with revenue expected to remain stable in the current fiscal year and potentially increase slightly in the next fiscal year. However, the absence of disclosed revenue growth rates or segment-specific projections limits visibility into future performance.

    Risk factors include a medium liquidity risk due to the current ratio of 0.68 and a negative free cash flow, which could constrain operational flexibility. The company's debt load, with long-term debt of 461.15 million CNY, also raises concerns about refinancing risk. Dilution risk is assessed as low, with no recent share issuance or dilutive events reported.

    Recent filings and transcripts do not disclose material events or strategic shifts, suggesting a stable but unremarkable operational environment. The company's earnings per share (EPS) of -0.04 CNY indicates a loss per share, which may affect investor sentiment and valuation multiples.

    Key takeaways
    • The company has a moderate debt load and weak liquidity, with a current ratio of 0.68.
    • Profitability is weak, with a return on equity of 2.95% and a return on assets of 0.7%.
    • Revenue is concentrated in a single segment, increasing exposure to market and regulatory risks.
    • Free cash flow is negative, and capital expenditures are high, indicating ongoing investment needs.
    • Dilution risk is low, but liquidity constraints could limit operational flexibility.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥17,67
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    ¥443.6M
    Net cashⓘ
    -¥461.2M
    Current ratioⓘ
    0.7
    Debt / equityⓘ
    1.0
    ROAⓘ
    0.7%
    ROEⓘ
    2.9%
    Cash conversionⓘ
    2629.0%
    CapEx / revenueⓘ
    -2.7%
    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 Margin0,6 %Bottom quartile
    Net Margin0,5 %Below median
    ROE2,9 %Below median
    Capex / Rev-2,7 %Below median
    D/E1,04Below median
    Cash Conv26,29Best in class

    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
    • Tongyi Carbon Neutral Technology Xinjiang Co Ltd Market data — financials · 2026-05-27
    • Tongyi Carbon Neutral Technology Xinjiang Co Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    600506.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    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