Shanghai stock alert

CHINA

CLOSING UPDATE: Petrochina - A Share decreases 1.2%, led Energy sector lower all day 20 October 2017 15:56 CST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Shanghai market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Petrochina - A Share, Shanghai's largest energy company by market capitalisation, has decreased 1.2% to trade at CNY8.16 vs. the Energy sector which weakened 17.5 points (or 0.4%) to 4,499.3. Representing a weighting of about 48.6% of the sector, the stock accounted for the loss. Trading volume was 87% of average at the end of the day. Compared with the SSE 180 Index which fell 18.4 points (or 0.2%) in the day, this represented a relative price change of -1.0%.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Sales of 0.8 [0.6]

+ Dividend yield of 1.3% [2.2%]

+ Return on Equity 1.6% [4.1%]

+ Return on Assets 1.2% [1.7%]

+ Return on Capital Employed 2.4% [4.3%]

Bearish Signals:

+ Net profit margin has averaged 3.2% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

+ As per the Du Pont analysis, Return on Equity is less than stellar at 1.6%. Also, this has deteriorated from 3% last year.

Note

Petrochina - A Share today is at a discount of 7.1% to the 12-month high of CNY8.79 on 25 Jan, 2017. It is at a premium of 13.3% to the 12-month low of CNY7.20 on 03 Nov, 2016.

Bullish Signals:

The positive 0.03 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

The Brand Value represents 3.9% of the estimated Enterprise Value of CNY2,203.4 billion (US$333.1 billion).

TODAY'S ALERT

Afternoon Alert: Petrochina - A Share decreases 1.2%, leads Energy sector lower

20 October 2017 13:01 CST

Petrochina Company Limited - A Share (SS:601857) has decreased 1.2% to trade at CNY8.16 vs. the Energy sector which weakened 20.4 points (or 0.5%) to 4,496.5. Representing a weighting of about 48.6% of the sector, the stock accounted for the loss. Trading volume was 1.4 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Petrochina - A Share up 2.6% in 2 days

19 October 2017 15:57 CST

Petrochina - A Share, Shanghai's largest energy company by market capitalisation, extended its gains on Thursday, rising an additional 1.0 fen (or 0.1%) to trade at CNY8.26. Trading volume was 1.6 times average at the end of the day. The shares have risen 21.0 fen (or 2.6%) over the past two trading days vs. the SSE 180 Index which has risen 0.8% in the same period.

Afternoon Alert: Petrochina - A Share decreases 0.2%, leads Energy sector lower

19 October 2017 13:01 CST

Petrochina Company Limited - A Share (SS:601857) has decreased 0.2% to trade at CNY8.23 vs. the Energy sector which weakened 17.4 points (or 0.4%) to 4,512.4. Representing a weighting of about 48.8% of the sector, the stock accounted for 30.4% of today's loss. Trading volume was 3.2 times average so far today.

Petrochina Company Limited - A Share (SS:601857; SHA:601857; CH:601857)

ISIN: CNE1000007Q1

PermID: 4295864860

Source: www.BuySellSignals.com