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Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited (HKG:1938)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
0.1880
+0.0060 (3.30%)
Oct 2, 2026, 2:18 PM HKT

HKG:1938 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,5742,3522,9402,6512,3621,813
Revenue Growth
-33.06%-20.00%10.90%12.23%30.26%58.82%
Gross Profit
304.7435.53517.41550.4470.62184.07
Operating Income
-50.4441.7381.2135.2987.19-164.33
Net Income
118.72246.31212.67183.78163.03-94.35
Earnings Per Share
0.120.240.210.180.16-0.09
EPS Growth
-51.80%15.82%15.72%12.72%--

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Steel Pipes
1,5652,2172,7882,3911,8101,803
Property Development and Investment
9.13135.35152.32260551.9210.8
Total
1,5742,3522,9402,6512,3621,813

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
370.63284.16280.92260.72267.19638.46
Total Debt
1,8361,7681,8731,8972,1662,259
Net Cash (Debt)
-1,466-1,484-1,592-1,636-1,899-1,621
Net Cash Growth
------
Net Cash Per Share
-1.45-1.47-1.57-1.62-1.88-1.60

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-7154.12205.87431.07154.07-904.63
Capital Expenditures
-23.65-30.92-62.33-96.26-13.31-37.8
Free Cash Flow
-30.64123.2143.54334.81140.76-942.43
Free Cash Flow Growth
--14.17%-57.13%137.86%--

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
19.35%18.52%17.60%20.76%19.93%10.15%
Operating Margin
-3.20%1.77%2.76%1.33%3.69%-9.06%
Pretax Margin
-6.41%4.04%5.66%1.47%6.88%15.29%
Profit Margin
7.54%10.47%7.23%6.93%6.90%-5.20%
FCF Margin
-1.95%5.24%4.88%12.63%5.96%-51.97%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
1.391.070.760.960.70-
Forward PE
-45.3945.3945.3945.3945.39
P/FCF Ratio
-2.141.130.530.81-
PS Ratio
0.100.110.060.070.050.13