Hengyuan Refining Co Bhd (XKLS:4324) Moat Score: 0/10 (As of Aug. 15, 2026)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:4324 Hengyuan Refining Co Bhd XKLS:4324
47 GF Score
Price RM1.89
GF Value RM1.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hengyuan Refining Co Bhd Moat Score?

Hengyuan Refining Co Bhd has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Hengyuan Refining Co Bhd has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Hengyuan Refining Co Bhd might have No Moat - No discernible moat.

Hengyuan Refining Co Bhd  (XKLS:4324) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Hengyuan Refining Co Bhd Moat Score Related Terms

XKLS:4324
47GF Score
Hengyuan Refining Co Bhd XKLS:4324
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?

Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be overvalued. The current stock price of RM1.89 is trading 62.9% above its estimated GF Value™ of RM1.16. GuruFocus considers Hengyuan Refining Co Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:4324:

  • Moat Score: 0
  • GF Value™: RM1.16 vs. price of RM1.89 (62.9% above fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hengyuan Refining Co Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Pantai, Batu 1, Port Dickson, NSN, MYS, 71000
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
47GF Score

Get the complete analysis for XKLS:4324

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

RM1.89
Price
RM1.16
GF Value