Fortune Oil PLC (FTO) - Financial and Strategic SWOT Analysis Review
Reference Code: GDGE7223FSA Publication Date: SEP 2012
Suite 2307, 23F, Office Tower,
Phone +852 28028300 Revenue 199.77 (million GBP)
Convention Plaza
Wanchai Fax +852 28028322 Net Profit 18.16 (million GBP)
Website www.fortune-oil.com Employees 2,000
Hong Kong Special Administrative FTO [London Stock
Exchange Industry Oil & Gas
Region of China Exchange (LON)]
Company Overview
Fortune Oil PLC (Fortune Oil) is an oil and gas company. It undertakes investment activities and business operations in the areas
of oil and natural gas supply and infrastructure projects. The company also undertakes production of coal bed methane and iron
ore mining. It carries out its operations through seven reportable business segments, namely, Single Point Mooring facility (SPM),
Aviation Refueling (AR), Natural gas, Oil trading (Trading), Product terminal, Resources and Others. The company's products and
services include, compressed natural gas, liquefied petroleum gas, aviation refueling services, oil terminal storage services and
pipeline gas supply.
Key Executives SWOT Analysis
Name Title Fortune Oil PLC, SWOT Analysis
Daniel Tatjung Chiu Executive Vice Chairman Strengths Weaknesses
Tee Kiam Poon Chief Executive Officer
Throughput Lack of operational control
LI Ching Executive Director - Hong
KoNG Strong Natural Gas Operations Volatile Geographic presence
Qian Benyuan Chairman
Wang Jinjun Director Opportunities Threats
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData Opportunities in Unconventional Growing Market of Renewable
Energy Sources Energy
Share Data
Formation of Upstream Alliance Socio Political Environment and
Fortune Oil PLC
Capital Crunch
Share Price (GBP) as on 04-Sep- 0.09
2012
Source: Annual Report, Company Website, Primary and Secondary Research,
EPS (GBP) 0.01 GlobalData
Market Cap (million GBP) 171
Enterprise Value (million GBP) 286
Shares Outstanding (million) 1,900
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Financial Performance Recent Developments
Sep 05, 2012 Fortune Oil Provides Update On Liulin CBM
Project In Shanxi Province, China
Jul 26, 2012 Dart Energy Completes Construction Of
Compressed Natural Gas Facility At Liulin,
China
Jul 25, 2012 Fortune Oil Provides Liulin Coal Bed Methane
Progress Update
May 18, 2012 Fortune Oil Provides Q1 2012 Operations
Update
Source: Annual Report, Company Website, Primary and Secondary Source: Annual Report, Company Website, Primary and Secondary Research,
Research, GlobalData GlobalData
Fortune Oil PLC (FTO) - Financial and Strategic SWOT Analysis Reference Code: GDGE7223FSA
Review
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Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 4
List of Figures ................................................................................................................................................................................. 4
Section 1 - About the Company.......................................................................................................................................................... 5
Fortune Oil PLC - Key Facts............................................................................................................................................................... 5
Fortune Oil PLC - Key Employees...................................................................................................................................................... 6
Fortune Oil PLC - Key Employee Biographies.................................................................................................................................... 7
Fortune Oil PLC - Major Products and Services ................................................................................................................................. 8
Fortune Oil PLC - Key Operational Summary..................................................................................................................................... 9
Fortune Oil PLC - History ................................................................................................................................................................. 10
Fortune Oil PLC - Company Statement ............................................................................................................................................ 12
Fortune Oil PLC - Locations And Subsidiaries ................................................................................................................................. 14
Head Office ................................................................................................................................................................................... 14
Other Locations & Subsidiaries ..................................................................................................................................................... 14
Affiliate .......................................................................................................................................................................................... 15
Section 2 – Company Analysis ......................................................................................................................................................... 16
Fortune Oil PLC - Business Description ........................................................................................................................................... 16
Fortune Oil PLC - SWOT Analysis ................................................................................................................................................... 18
SWOT Analysis - Overview........................................................................................................................................................... 18
Fortune Oil PLC - Strengths.......................................................................................................................................................... 18
Strength - Throughput ............................................................................................................................................................... 18
Strength - Strong Natural Gas Operations ................................................................................................................................ 18
Strength - Better Liquidity position ............................................................................................................................................ 18
Fortune Oil PLC - Weaknesses .................................................................................................................................................... 18
Weakness - Lack of operational control .................................................................................................................................... 18
Weakness - Volatile Geographic presence ............................................................................................................................... 18
Fortune Oil PLC - Opportunities .................................................................................................................................................... 19
Opportunity - Opportunities in Unconventional Energy Sources ............................................................................................... 19
Opportunity - Formation of Upstream Alliance .......................................................................................................................... 19
Opportunity - Increasing Demand for Clean Energy .................................................................................................................. 19
Opportunity - Expansion of West Zhuhai Oil Products Terminal ............................................................................................... 19
Opportunity - Strategic Tie ups .................................................................................................................................................. 19
Fortune Oil PLC - Threats ............................................................................................................................................................. 20
Threat - Growing Market of Renewable Energy ........................................................................................................................ 20
Threat - Socio Political Environment and Capital Crunch .......................................................................................................... 20
Threat - Fiscal Policy Risk ......................................................................................................................................................... 20
Fortune Oil PLC - Key Competitors .................................................................................................................................................. 21
Section 3 – Company Financial Ratios ............................................................................................................................................. 22
Financial Ratios - Capital Market Ratios........................................................................................................................................... 22
Financial Ratios - Annual Ratios ...................................................................................................................................................... 22
Performance Chart ........................................................................................................................................................................... 24
Financial Performance...................................................................................................................................................................... 24
Financial Ratios - Interim Ratios....................................................................................................................................................... 25
Financial Ratios - Ratio Charts ......................................................................................................................................................... 26
Section 4 – Company’s Oil & Gas, Power Financial Deals and Alliances ........................................................................................ 27
Fortune Oil PLC (FTO) - Financial and Strategic SWOT Analysis Reference Code: GDGE7223FSA
Review
Source : www.globalcompanyintelligence.com