Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Slightly overvalued vs peers
About
Hengtong Logistics Co., Ltd., established in 2007 and headquartered in Yantai, China, operates as a comprehensive logistics provider across the country. The company's core activities encompass various aspects of the energy sector, including the trading and transportation of liquefied natural gas (LNG), compressed natural gas (CNG), and liquefied petroleum gas (LPG). It also constructs and manages LNG filling stations and handles the distribution and retail of LPG. Beyond gas, Hengtong Logistics manages the freight of general goods, road dangerous materials, and specific industrial chemicals like liquid caustic soda. Furthermore, the company develops and operates an online platform dedicated to freight services. Its service portfolio is diversified with additional offerings such as driving instruction, heavy lifting services (hoisting), and vehicle rental. Historically, the company operated as Longkou Hengtong Transportation Co., Ltd. before rebranding to Hengtong Logistics Co., Ltd. in December 2011.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair valu