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Shengli Oil & Gas Pipe Holdings Ltd (1080) Fair Value & Analysis

Energy · HK · Market cap HK$248M (≈ $31.6M) · ISIN KYG811661035

What is Shengli Oil & Gas Pipe Holdings Ltd really worth?

SO Shengli Oil & Gas Pipe Holdings Ltd 1080 · HK
PriceHK$0.0620
Fair ValueHK$0.0300
Upside−51.6%
Quality51/100

A solid business, but trading 107% above our fair value of HK$0.0300.

As of Aug 13, 2026, the fair value of Shengli Oil & Gas Pipe Holdings Ltd is HK$0.0300 per share against a price of HK$0.0620, so the fair value sits 52% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 5y +1.1 %/yr)
!Loss-making · -2.1% net margin
!Low debt · negative free cash flow
!Trails peers (3/11)
!Narrow moat 11/100
!Evidence only low, so the estimate is less certain
!Weak on dividend: 25 out of 100
Evidence: Low Range HK$0.0300 – HK$0.0300

Fair value as of: Aug 13, 2026

From 4 valuation models · updated 23 days ago

Fair value updated Aug 13, 2026, revised from HK$0.0301 to HK$0.0300 (−0.3%) since Aug 5, 2026. Share price +24.0% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (HK$0.0300). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

HK$0.1690 HK$0.0210 Fair Value HK$0.0300 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.0210 – HK$0.1690 · the HK$0.0620 price screens above the HK$0.0300 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Shengli Oil & Gas Pipe Holdings Ltd (1080) currently trades at HK$0.0620, while our model-based Fair Value estimate is HK$0.0300, implying the stock looks roughly 106.7% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Energy sector. Bull case: the Asset-Based group reads highest at a median of HK$0.0600 per share, and 0 of the 4 models we run sit above the HK$0.0620 price. Bear case: the DCF Models group reads lowest at HK$0.0100, and 4 of the 4 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Shengli Oil & Gas Pipe Holdings Ltd generated revenue of HK$903M at a net margin of −2.1%. Revenue grew 123.4% year over year. It earns a return on equity of −4.6%. Net debt stands at HK$216M. Fundamentals as of Aug 13, 2026

The share trades about 63% below its 52-week high and 68% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at −41% fair-value upside, at −52%, 1080 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Owner Earnings best evidence HK$0.0100 HK$0.0100 HK$0.0100 78
Gordon GGM HK$0.0100 HK$0.0100 HK$0.0100 69
DDM Multi-Stage HK$0.0100 HK$0.0100 HK$0.0100 67
All 4 models by family
DCF Models
Owner Earnings best evidence HK$0.0100 HK$0.0100 HK$0.0100 78
Dividend Discount
Gordon GGM HK$0.0100 HK$0.0100 HK$0.0100 69
DDM Multi-Stage HK$0.0100 HK$0.0100 HK$0.0100 67
Asset-Based
NCAV (Graham) HK$0.0500 HK$0.0600 HK$0.1000 53

Widest divergence: Asset-Based (HK$0.0600) versus DCF Models (HK$0.0100). Highest evidence: Owner Earnings (78).

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Key figures & financial health

P/S ratio 0.27 TTM
EPS (TTM) HK$−0.0100
Dividend yield 1.2%
Net margin −2.1% FY2025
Return on equity −4.6% TTM
Return on assets (EBIT) −5.4% avg 5y
More key figures
Profitability
Operating margin −1.8% TTM
Growth
Revenue (TTM) HK$903M TTM
Revenue growth (YoY) +123% 3y avg −4.8%
Balance sheet & cash flow
Free cash flow −HK$12.9M FY2025
Net debt HK$216M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 47 · Market factors (momentum, volatility) 21

Profitability 20
Margins and returns on capital today
Quality Growth 88
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, engages in the design, process, manufacture, and sale of welded pipes for oil and gas pipeline in Mainland China. The company operates through two segments, Pipe Business and Trading Business.

Full company description

Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, engages in the design, process, manufacture, and sale of welded pipes for oil and gas pipeline in Mainland China. The company operates through two segments, Pipe Business and Trading Business. It produces submerged-arc helical welded pipes that are primarily used to transport crude oil, refined petroleum products, natural gas, and other related products, as well as used for the oil and infrastructure industry. The company is also involved in insulation processing and servicing of submerged arc helical welded pipes; manufacturing, processing, and sale of SAWH pipes and provision of anti-corrosion services for oil and gas pipelines and other construction and manufacturing applications; trading of commodities; new energy technical development; trading of environmental energy equipment, fuel oil, and chemical products; and anti-corrosion technical and rental services. Shengli Oil & Gas Pipe Holdings Limited was founded in 1972 and is headquartered in Zibo, the People's Republic of China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shengli Oil & Gas Pipe Holdings Ltd reported revenue of 903M CNY in FY2025 versus 1.5B CNY in FY2021, a compound −12.3%/yr. Reported net income was −18.9M CNY in FY2025.

Growth Quality 13/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$903M
Latest YoY
+58.4%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−4.8%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.1%
Avg. revenue growth/yr (17Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.0%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−20.1% (2020) → −3.5% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −12.3%/yr
FY21 1.5B CNY
FY22 1.0B CNY
FY23 592M CNY
FY24 570M CNY
FY25 903M CNY
Net income
FY21 −261M CNY
FY22 −33.0M CNY
FY23 −98.4M CNY
FY24 −42.6M CNY
FY25 −18.9M CNY

1080 screens 107% overvalued. Compare with SLB N.V →

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Cite: Fair Value Calculator (2026). "Shengli Oil & Gas Pipe Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1080.HK

Peer Group

Oil & Gas Equipment & Services · 186 stocks

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.

Quality Score 51 · Below median
Fair Value upside −52% · Below median
Return on assets −1% · Bottom 25%
Net margin (TTM) −2% · Bottom 25%
Operating margin (TTM) −2% · Bottom 25%
Revenue growth 123% · Top 25%
Dividend yield (TTM) 1.2% · Below median
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper

P/B 0.09× · Cheaper than 75% of peers
P/S (TTM) 0.04× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 0
PAST0 · sector 29
HEALTH88 · sector 92
DIVIDEND25 · sector 36

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

Similar stocks

10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLB $57.33 $28.66 −50%
Baker Hughes Company BKR $64.63 $32.40 −50%
TechnipFMC plc FTI $75.27 $27.43 −64%
Halliburton Company HAL $36.18 $21.50 −41%
Tenaris S.A TS $53.09 $45.68 −14%
Yantai Jereh Oilfield Services Group 002353 ¥144.58 ¥34.17 −76%
Saipem SpA SPM €4.57 €2.72 −40%
Subsea 7 S.A SUBC kr 341.20 kr 221.37 −35%
China Oilfield Services Limited 601808 ¥12.31 ¥12.64 +3%
Gaztransport & Technigaz SA GTT €216.20 €95.01 −56%

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Frequently asked questions

Is Shengli Oil & Gas Pipe Holdings Ltd (1080) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0300 versus a price of HK$0.0620, about −52% upside (overvalued).
What is the fair value of 1080?
Our model-based fair value for Shengli Oil & Gas Pipe Holdings Ltd is HK$0.0300 (as of Aug 13, 2026), built from audited fundamentals. The current price: HK$0.0620.
What is the quality score of 1080?
Shengli Oil & Gas Pipe Holdings Ltd has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Shengli Oil & Gas Pipe Holdings Ltd (1080)?
Our model-based price target is the fair value of HK$0.0300 (as of Aug 13, 2026) from 4 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Shengli Oil & Gas Pipe Holdings Ltd stock forecast for 2026?
Our models put fair value at HK$0.0300, about −52% upside versus a price of HK$0.0620 (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of Shengli Oil & Gas Pipe Holdings Ltd (1080)?
Shengli Oil & Gas Pipe Holdings Ltd reported trailing-twelve-month revenue of about HK$903M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1080?
The net profit margin of Shengli Oil & Gas Pipe Holdings Ltd is about −2.1%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Shengli Oil & Gas Pipe Holdings Ltd pay a dividend?
Shengli Oil & Gas Pipe Holdings Ltd currently shows a dividend yield of about 1.25% relative to its recent price (as of Aug 13, 2026).
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