Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Mohanram G-Score: 2 (As of Dec. 2025) — Near Median

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HKSE:01938 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd HKSE:01938
46 GF Score
Price HK$0.22
GF Value HK$0.17
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Mohanram G-Score?

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings HKSE:01938 +3.24% 46 Mohanram G-Score is 2 as of Dec. 2025, which is at its 10-year median of 2.00. GuruFocus rates HKSE:01938 with a GF Score™ of 46/100 and a GF Value™ of HK$0.17 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has an G-score of 2.

The historical rank and industry rank for Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Mohanram G-Score or its related term are showing as below:

HKSE:01938' s Mohanram G-Score Range Over the Past 10 Years
Min: 0   Med: 2   Max: 4
Current: 2

During the past 13 years, the highest Piotroski G-score of Chu Kong Petroleum and Natural Gas Steel Pipe Holdings was 4. The lowest was 0. And the median was 2.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings  (HKSE:01938) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Mohanram G-Score Related Terms


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Mohanram G-Score Historical Data

* Premium members only.

The historical data trend for Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Mohanram G-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Mohanram G-Score Chart

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.00 2.00 2.00

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Mohanram G-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 N/A 2.00 N/A 2.00

HKSE:01938 vs NUE, STLD, RS: Mohanram G-Score Comparison

For the Steel subindustry, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Mohanram G-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Mohanram G-Score falls into.


HKSE:01938
46GF Score
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd HKSE:01938
Mohanram G-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has an G-score of 2.

Frequently Asked Questions Learn more about Mohanram G-Score →
What does a Mohanram G-Score of 2 mean?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) has a Mohanram G-Score of 2 as of Dec. 2025. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. This is near median its historical median of 2.00.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Mohanram G-Score too high?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' current Mohanram G-Score of 2 is near median its 10-year median of 2.00. Overall, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Mohanram G-Score compare to NUE and STLD?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Mohanram G-Score of 2 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Mohanram G-Score for a Steel company?
A good Mohanram G-Score depends on the Steel industry context. However, Mohanram G-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Mohanram G-Score mean?
A high Mohanram G-Score can signal that a stock is expensive relative to its fundamentals. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current Mohanram G-Score is 2, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.22 — trading 31.2% above its estimated fair value. The current Mohanram G-Score is 2, which is near median its 10-year median of 2.00. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Mohanram G-Score calculated?
Mohanram G-Score is calculated from a company's financial statements. For Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938), the current Mohanram G-Score is 2 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Overvalued in 2026?

Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock appears to be overvalued. The current stock price of HK$0.22 is trading 31.2% above its estimated GF Value™ of HK$0.17. GuruFocus considers Chu Kong Petroleum and Natural Gas Steel Pipe Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01938:

  • Mohanram G-Score: 2 (near median its 10-year median of 2.00)
  • GF Value™: HK$0.17 vs. price of HK$0.22 (31.2% above fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Business Description

Address 2nd Floor, 3-5 Golden Dragon City, Yayun Avenue, Panyu District, Guangdong Province, Guangzhou, CHN, 511450
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Africa.
46GF Score

Get the complete analysis for HKSE:01938

Mohanram G-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.22
Price
HK$0.17
GF Value