Hengyuan Refining Co Bhd (XKLS:4324) Preferred Stock: RM0 Mil (As of Mar. 2026)

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XKLS:4324 Hengyuan Refining Co Bhd XKLS:4324
45 GF Score
Price RM1.37
GF Value RM1.17
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hengyuan Refining Co Bhd Preferred Stock?

Hengyuan Refining Co Bhd XKLS:4324 -11.04% 45 Preferred Stock is RM0 Mil as of Mar. 2026. GuruFocus rates XKLS:4324 with a GF Score™ of 45/100 and a GF Value™ of RM1.17 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Hengyuan Refining Co Bhd's preferred stock for the quarter that ended in Mar. 2026 was RM0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Hengyuan Refining Co Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM1,576 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Hengyuan Refining Co Bhd's Book Value per Share for the quarter that ended in Mar. 2026 was RM2.40.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Hengyuan Refining Co Bhd's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was RM0.67.


Hengyuan Refining Co Bhd  (XKLS:4324) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Hengyuan Refining Co Bhd's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Hengyuan Refining Co Bhd's Book Value per Share for the quarter that ended in Mar. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Hengyuan Refining Co Bhd's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2026 is calculated as

* 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.


Hengyuan Refining Co Bhd Preferred Stock Related Terms


Hengyuan Refining Co Bhd Preferred Stock Historical Data

* Premium members only.

The historical data trend for Hengyuan Refining Co Bhd's Preferred Stock 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.

Hengyuan Refining Co Bhd Preferred Stock Chart

Hengyuan Refining Co Bhd Annual Data
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Hengyuan Refining Co Bhd Quarterly Data
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XKLS:4324
45GF Score
Hengyuan Refining Co Bhd XKLS:4324
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Hengyuan Refining Co Bhd Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of RM0 Mil mean?
Hengyuan Refining Co Bhd (XKLS:4324) has a Preferred Stock of RM0 Mil as of Mar. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Hengyuan Refining Co Bhd and its competitors.
Is Hengyuan Refining Co Bhd's Preferred Stock too high?
Hengyuan Refining Co Bhd's current Preferred Stock is RM0 Mil. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's Preferred Stock compare to MPC and VLO?
Hengyuan Refining Co Bhd's Preferred Stock of RM0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for an Oil & Gas company?
A good Preferred Stock depends on the Oil & Gas industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Hengyuan Refining Co Bhd and its competitors. Hengyuan Refining Co Bhd's current Preferred Stock is RM0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.17, compared to a current price of RM1.37 — trading 17.1% above its estimated fair value. The current Preferred Stock is RM0 Mil. Hengyuan Refining Co Bhd's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Hengyuan Refining Co Bhd (XKLS:4324), the current Preferred Stock is RM0 Mil as of Mar. 2026. 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 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 RM1.37 is trading 17.1% above its estimated GF Value™ of RM1.17. GuruFocus considers Hengyuan Refining Co Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:4324:

  • Preferred Stock: RM0 Mil
  • GF Value™: RM1.17 vs. price of RM1.37 (17.1% above fair value)
  • GF Score™: 45/100 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.
45GF Score

Get the complete analysis for XKLS:4324

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

RM1.37
Price
RM1.17
GF Value