China Oil and Gas Group Ltd (0603) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of China Oil and Gas Group Ltd HK$0.62, price HK$0.12, upside +416.7%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
- Add to watchlist
China Oil and Gas Group Ltd
0603 · HKCheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range HK$0.1130 – HK$0.6100 · fair‑value band HK$0.4900 – HK$0.7400 · the HK$0.1200 price screens below the HK$0.6200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Every Wednesday you see whether China Oil and Gas Group is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
China Oil And Gas Group Limited, an investment holding company, engages in the natural gas and energy-related businesses in Hong Kong, Mainland China, and Canada.
Show more
China Oil And Gas Group Limited, an investment holding company, engages in the natural gas and energy-related businesses in Hong Kong, Mainland China, and Canada. It operates in four segments: Sales and Distribution of Natural Gas and Other Related Products; Gas Pipeline Construction and Connection; Exploitation and Production of Crude Oil and Natural Gas; and Production and Sales of Coal-Derived Clean Energy and Other Related Products. The company engages in the piped city gas business, pipeline design and construction; transportation, distribution, and sale of compressed natural gas and liquefied natural gas; and development, production, and sale of crude oil, natural gas, and other upstream energy resources. It is also involved in natural gas transmission through pipelines; coal processing and the sales of coal-derived energy and related products; trading of natural gas; and provision of transportation and finance services. The company serves residential, industrial, and commercial users. China Oil And Gas Group Limited was incorporated in 1993 and is headquartered in Causeway Bay, Hong Kong.
Stock analysis
China Oil and Gas Group Ltd (0603) currently trades at HK$0.1200, while our model-based Fair Value estimate is HK$0.6200, implying the stock looks roughly 80.6% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of HK$2.53 per share, and 24 of the 24 models we run sit above the HK$0.1200 price.
Bear case: the Earnings-Based group reads lowest at HK$0.2200, and 0 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: HK$0.4900 (bear) to HK$0.7400 (bull), the price of HK$0.1200 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Energy sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
China Oil and Gas Group Ltd reported revenue of HK$15.2B in FY2025 versus HK$14.3B in FY2021, a compound +1.4%/yr. Reported net income was HK$80.7M in FY2025, compounding −45.3%/yr from FY2021.
Key figures
Market cap HK$699M (≈ $89.1M) · P/E ratio 6.2 · P/S ratio 0.03 · EPS (TTM) HK$0.0500 · Net margin 0.5% · Return on equity 8.3% · Return on assets (EBIT) 6.8% · Operating margin 8.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 70% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −66% fair-value upside, at 417%, 0603 screens cheaper than that median.
Fair Value models
All 24 models by family
Notify me when 0603 reaches fair value
Put 0603 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 43 · Market factors (momentum, volatility) 24
Revenue & earnings trend
Watch 0603, get fair value alerts →
Compare China Oil and Gas Group Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Refining & Marketing · 107 stocks
Valuation Multiplesvs Oil & Gas Refining & Marketing median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Utilities sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Utilities
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Oil & Gas Refining & Marketing stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Reliance Industries Limited RELIANCE | ₹1,168 | ₹865.31 | −26% |
| Valero Energy Corporation VLO | $389.57 | $131.30 | −66% |
| Marathon Petroleum Corporation MPC | $389.44 | $109.88 | −72% |
| Phillips 66 PSX | $253.55 | $86.65 | −66% |
| Neste Oyj NESTE | €31.47 | €5.85 | −81% |
| Formosa Petrochemical Corporation 6505 | 87.20 TWD | 20.61 TWD | −76% |
| Indian Oil Corporation IOC | ₹135.70 | ₹417.35 | +208% |
| HF Sinclair Corporation DINO | $106.19 | $52.92 | −50% |
| SK Innovation Co 096770 | 149,200 KRW | 50,661 KRW | −66% |
| Sunoco LP, SUN | $74.76 | $53.89 | −28% |
Explore undervalued stocks
More undervalued Energy stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is China Oil and Gas Group Ltd (0603) overvalued or undervalued?
What is the fair value of 0603?
What is the quality score of 0603?
What is the price target for China Oil and Gas Group Ltd (0603)?
What is the China Oil and Gas Group Ltd stock forecast for 2026?
What is the revenue of China Oil and Gas Group Ltd (0603)?
What is the intrinsic value of China Oil and Gas Group Ltd (0603)?
Is China Oil and Gas Group Ltd stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 0603?
How much is China Oil and Gas Group Ltd worth?
What do the bullish and bearish scenarios say about 0603?
What is the P/E ratio of 0603?
How solid is the balance sheet of China Oil and Gas Group Ltd (0603)?
How far is 0603 from its 52-week high?
Which stocks are comparable to China Oil and Gas Group Ltd?
Is China Oil and Gas Group Ltd stock attractive at the current price?
How is the fair value of 0603 calculated?
Is it still worth investing in stocks now?
What is the share price of China Oil and Gas Group Ltd (0603)?
What should I pay attention to with China Oil and Gas Group Ltd right now?
Key figures of China Oil and Gas Group Ltd
How large is the market capitalisation of China Oil and Gas Group Ltd (0603)?
What is the P/S ratio of China Oil and Gas Group Ltd (0603)?
What are the earnings per share of China Oil and Gas Group Ltd (0603)?
What is the net margin of China Oil and Gas Group Ltd (0603)?
What is the return on equity of China Oil and Gas Group Ltd (0603)?
What is the EBIT return on assets of China Oil and Gas Group Ltd (0603)?
What is the operating margin of China Oil and Gas Group Ltd (0603)?
How fast is revenue growing at China Oil and Gas Group Ltd (0603)?
How fast are earnings growing at China Oil and Gas Group Ltd (0603)?
How much free cash flow does China Oil and Gas Group Ltd (0603) generate?
How much net debt does China Oil and Gas Group Ltd (0603) carry?
Watch China Oil and Gas Group Ltd in the live analysis
One click puts China Oil and Gas Group Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.