Latest news with #SKGas
Argaam
14-07-2025
- Business
- Argaam
Advanced announces start-up of propylene, PP plants in Jubail
Advanced Petrochemical Co. completed the construction and started operations at Propane Dehydrogenation plant (Propylene Plant), which has a designed production capacity of 843,000 tons of propylene per year. The petrochemicals producer also started operations at two Polypropylene (PP) Plants, with a combined designed capacity of 800,000 tons annually, according to a statement to Tadawul. The plants, operated through Advanced Polyolefins Industry Co. (Advanced Polyolefins), are located in Jubail Industrial City. Advanced noted that the financial impact of Advanced Polyolefins will be shown in its consolidated financial statements starting from the third quarter of 2025. Advanced Polyolefins is a joint venture, with 85% owned by Advanced Global Investment Co. (AGIC) and 15% by SK Gas Petrochemical Pte. Ltd. (SKGP). According to data compiled by Argaam, Advanced Polyolefins secured financing from several banks in 2022 totaling SAR 6.1 billion to establish a complex in Jubail Industrial City. The complex includes three plants for processing propane gas, propylene, and isopropanol, with a total project cost estimated at approximately SAR 7.05 billion.
Yahoo
21-04-2025
- Business
- Yahoo
Asian Market Stocks That May Be Trading Below Their Estimated Value
Amid ongoing trade tensions and economic uncertainties in the global markets, Asian stock markets have shown resilience, with some indices experiencing gains driven by expectations of government stimulus and cautious monetary policies. In such a climate, identifying stocks that may be trading below their estimated value can offer potential opportunities for investors looking to capitalize on market inefficiencies. Name Current Price Fair Value (Est) Discount (Est) Auras Technology (TPEX:3324) NT$454.50 NT$903.14 49.7% Pegasus (TSE:6262) ¥465.00 ¥920.79 49.5% RACCOON HOLDINGS (TSE:3031) ¥881.00 ¥1722.56 48.9% Members (TSE:2130) ¥1125.00 ¥2244.23 49.9% Rakus (TSE:3923) ¥2189.00 ¥4351.81 49.7% AeroEdge (TSE:7409) ¥1897.00 ¥3725.41 49.1% Rise Consulting Group (TSE:9168) ¥930.00 ¥1825.84 49.1% Aozora Bank (TSE:8304) ¥1855.50 ¥3690.71 49.7% World Fitness Services (TWSE:2762) NT$79.90 NT$156.18 48.8% SAMG Entertainment (KOSDAQ:A419530) ₩36100.00 ₩70589.14 48.9% Click here to see the full list of 272 stocks from our Undervalued Asian Stocks Based On Cash Flows screener. We'll examine a selection from our screener results. Overview: SK Gas Co., Ltd. is engaged in the supply and distribution of liquefied petroleum gas (LPG) both within South Korea and internationally, with a market cap of ₩2.12 trillion. Operations: The company's revenue is primarily derived from its Gas Business segment, totaling ₩9.10 billion. Estimated Discount To Fair Value: 14.9% SK Gas is trading at ₩236,000, slightly below its estimated fair value of ₩277,333.92. Despite a forecasted earnings growth of 35.8% per year outpacing the Korean market's 21.8%, recent financials show a decline in net income and earnings per share compared to the previous year. The company's debt coverage by operating cash flow remains weak, and its dividend yield of 3.39% is not well supported by free cash flows. Our comprehensive growth report raises the possibility that SK Gas is poised for substantial financial growth. Unlock comprehensive insights into our analysis of SK Gas stock in this financial health report. Overview: Hino Motors, Ltd. manufactures and sells large commercial vehicles globally under the Hino brand, with a market cap of ¥246.04 billion. Operations: The company's revenue segments are comprised of ¥1.15 billion from Japan and ¥421.95 million from Asia. Estimated Discount To Fair Value: 27.8% Hino Motors is trading at ¥428.6, significantly below its estimated fair value of ¥593.51, suggesting potential undervaluation based on discounted cash flow analysis. Despite forecasts indicating a 99.9% annual earnings growth and profitability within three years, challenges remain due to recent legal issues in New Zealand and a $55 million settlement in Canada. Additionally, Hino's debt is not well covered by operating cash flow, and share price volatility persists amid revised lower earnings guidance for 2025. The analysis detailed in our Hino Motors growth report hints at robust future financial performance. Click to explore a detailed breakdown of our findings in Hino Motors' balance sheet health report. Overview: North Pacific Bank, Ltd. offers a range of banking products and services to individuals and corporations in Japan, with a market cap of ¥171.33 billion. Operations: North Pacific Bank, Ltd. generates revenue through its diverse range of banking products and services targeted at both individual and corporate clients in Japan. Estimated Discount To Fair Value: 10.3% North Pacific Bank Ltd. is trading at ¥455, below its estimated fair value of ¥507.23, indicating potential undervaluation based on cash flows. Earnings grew by 71.8% last year and are expected to grow significantly over the next three years, outpacing the JP market's growth rate. Despite a low allowance for bad loans and a forecasted low return on equity (5.7%), recent share buybacks aim to enhance shareholder returns and improve capital efficiency. In light of our recent growth report, it seems possible that North Pacific BankLtd's financial performance will exceed current levels. Navigate through the intricacies of North Pacific BankLtd with our comprehensive financial health report here. Click here to access our complete index of 272 Undervalued Asian Stocks Based On Cash Flows. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSE:A018670 TSE:7205 and TSE:8524. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Korea Herald
17-02-2025
- Business
- Korea Herald
SK companies launch first US energy storage project in Texas
Korean conglomerate SK Group's two energy units — SK Gas and SK Eternix — have launched their first electricity storage system project in the United States. SK Gas announced on Monday that their joint venture with US-based Apex Clean Energy, called SA Grid Solutions, has begun collecting electricity in southern Texas. The milestone comes one year after the formation of the joint venture in January 2024. The facility, which consists of 34 inverters and 340 batteries capable of storing 100 megawatts, will help maintain a stable energy supply for local residents by mitigating supply gaps during periods of fluctuating demand. Starting with the southern Texas project, SK Gas and SK Eternix plan to expand their ESS operations across the US. GS Gas is a specialist in gas trading, while SK Eternix is a leading ESS operator. Their goal is to expand the total project capacity to 900 MW by 2029, accumulating operational experience in both ESS management and electricity trading. This experience will be instrumental when Korea launches its own electricity market in the future. 'With the ability to address the volatility of renewable energy, ESS projects will become increasingly important as the world transitions to cleaner energy,' said SK Gas Representative Director Yoon Byung-suk. 'The first commercial operation of this joint venture signals SK's strong entry into the North American ESS and electricity trading markets. SK Gas will continue to explore opportunities in eco-friendly energy sectors, such as ESS and hydrogen energy.'
