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Jade Gas Holdings Limited
(Sydney:JGH)
Jade Gas Holdings Limited (JGH) vs. iShares MSCI Australia ETF (EWA)
Jade Gas Holdings Limited Business Overview & Revenue Model
Jade Gas Holdings Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 25.74K | 0.00 | 1.83K |
| Gross Profit | -151.60K | -159.00K | -150.00K | 25.74K | -70.69K | -66.35K |
| EBITDA | -4.72M | -5.18M | -4.43M | -3.83M | -5.98M | -822.31K |
| Net Income | -6.96M | -5.62M | -4.40M | -3.71M | -5.89M | -679.84K |
Balance Sheet | ||||||
| Total Assets | 29.45M | 30.36M | 23.07M | 13.53M | 8.87M | 2.16M |
| Cash, Cash Equivalents and Short-Term Investments | 92.53K | 1.60M | 2.13M | 3.24M | 4.37M | 162.14K |
| Total Debt | 10.43M | 8.10M | 1.83M | 497.94K | 670.77K | 89.14K |
| Total Liabilities | 12.28M | 8.91M | 3.94M | 922.56K | 1.09M | 251.80K |
| Stockholders Equity | 18.17M | 22.36M | 19.86M | 13.03M | 7.91M | 16.16K |
Cash Flow | ||||||
| Free Cash Flow | -1.54M | -10.21M | -13.09M | -10.31M | -3.88M | -1.46M |
| Operating Cash Flow | -1.52M | -3.06M | -3.18M | -3.47M | -2.10M | -903.14K |
| Investing Cash Flow | -7.56M | -7.07M | -9.88M | -6.73M | -1.77M | 198.50K |
| Financing Cash Flow | 9.31M | 9.44M | 11.97M | 8.94M | 8.05M | 556.17K |
Jade Gas Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$57.21M | 5.45 | 21.06% | ― | 17.42% | -38.46% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
59 Neutral | AU$13.56M | -12.50 | -8.36% | ― | -7.30% | ― | |
44 Neutral | AU$26.68M | -6.11 | -13.99% | ― | ― | ― | |
44 Neutral | AU$41.94M | -29.16 | -14.52% | ― | ― | 40.00% | |
40 Underperform | AU$47.82M | -9.62 | -28.51% | ― | ― | ― |
Jade Gas Holdings Limited Corporate Events
Jade Gas Holdings reported that uninterrupted gas production from its two horizontal wells at the Red Lake Gas Field in Mongolia drove a 22% month-on-month increase in January gas output to 48,589m³, with cumulative production now exceeding 215,000m³ and an aggregate end-of-month flow rate of 1,695m³. The company said the appraisal phase at Red Lake is nearing completion and is expected to support its maiden gas reserves report, after which it plans to submit a development plan and production licence application to Mongolian authorities, marking a key step toward full-field development and commercialisation, while ongoing technical studies with nearby mine operator Erdenes Tavan Tolgoi are expected to refine reservoir understanding and future seismic work.
The most recent analyst rating on (AU:JGH) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Jade Gas Holdings Limited stock, see the AU:JGH Stock Forecast page.
Quarterly operations at the Red Lake field saw two wells deliver continuous flow with methane purity above 97%, higher production volumes, and upgraded power redundancy, underscoring momentum toward on-site gas-fired generation and displacement of diesel reliance. Management changes, appraisal work nearing completion, a A$70m development LOI, fresh equity of over A$5m, and prepayments for the next well signal advancing field-scale development while maintaining A$5.79m in liquidity to support PDO and licensing submissions.
The most recent analyst rating on (AU:JGH) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Jade Gas Holdings Limited stock, see the AU:JGH Stock Forecast page.
Jade Gas Holdings reported that December gas production at its Red Lake Gas Field in Mongolia was temporarily reduced due to an unplanned shutdown on the Hz-01 well during a generator maintenance switch-over, prompting engineers to lower flow rates to protect well integrity before recovering aggregate output to 1,542 m³ per day by month-end. The company is upgrading power infrastructure with automatic redundancy and moving toward switching site operations from diesel to self-produced gas this quarter, while ongoing production performance will underpin completion of its Field Development Plan, economic study, and resource and reserve evaluations for submission to Mongolian regulators, reinforcing momentum toward commercialisation and longer-term field development.
The most recent analyst rating on (AU:JGH) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Jade Gas Holdings Limited stock, see the AU:JGH Stock Forecast page.
Jade Gas Holdings Limited has announced the cessation of 16,000,000 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s ability to meet certain performance conditions.
Jade Gas Holdings Ltd has confirmed exceptionally high methane content and low carbon dioxide levels in gas from its Red Lake gasfield in Mongolia, indicating a high-quality gas profile. This supports the company’s primary focus on high-margin LNG markets and opens opportunities for supplying additional markets as a key chemical feedstock. The findings enhance Jade’s commercial options, improve project economics, and validate its exploration strategy, contributing to its long-term field development strategy.
Jade Gas Holdings Limited announced the cessation of 7,500,000 securities due to the expiry of options without exercise or conversion as of December 5, 2025. This cessation of securities could impact the company’s capital structure and may influence its market positioning by reducing the number of outstanding options available for conversion.
Jade Gas Holdings Limited reported an 18% increase in gas production for November 2025, with flow rates approaching levels sufficient to displace diesel fuel for site operations. The company is focused on achieving sustainable flow rates to complete its Field Development Plan and Economic Study, which will support discussions with customer markets and the Mongolian regulator.
Jade Gas Holdings Limited announced the cessation of 30 million securities options that expired on November 30, 2025, without being exercised or converted. This cessation may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.
Jade Gas Holdings Limited announced the results of its Share Purchase Plan (SPP), which closed on November 21, 2025. The SPP raised A$117,000 through valid applications, resulting in the issuance of 3,342,849 fully paid ordinary shares. The funds will be used for working capital and strategic initiatives to achieve commercial gas production at the Red Lake gas field. The company may consider placing the shortfall with sophisticated or professional investors. This development supports Jade’s efforts to enhance its operational capabilities and strengthen its position in the Mongolian energy market, contributing to the country’s energy independence and environmental goals.
Jade Gas Holdings Limited has announced the quotation of 3,342,849 ordinary fully paid securities on the Australian Securities Exchange as of November 28, 2025. This move is part of previously announced transactions and is expected to bolster the company’s financial position and market presence, potentially impacting stakeholders by increasing liquidity and investment opportunities.
Jade Gas Holdings Limited announced the cessation of 8,000,000 performance rights due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s future financial strategies.
Jade Gas Holdings Limited has announced the closing date for its Share Purchase Plan (SPP), which allows eligible shareholders to purchase up to A$30,000 of ordinary shares at A$0.035 per share. The SPP is set to close on 21 November 2025, with the results to be announced and shares issued by 28 November 2025. This initiative is part of Jade’s strategy to strengthen its financial position as it continues to explore and develop its CBM projects in Mongolia, aiming to enhance energy security and environmental quality in the region.
Jade Gas Holdings Limited has announced the appointment of Christopher George Newport as a director, effective November 10, 2025. Newport holds 2,000,000 ordinary shares and 60 million options over ordinary shares with varying exercise prices and expiration dates, indicating a significant stake and potential influence in the company’s strategic direction.
Jade Gas Holdings Limited has announced the issuance of 25 million unquoted options set to expire on October 23, 2028, with an exercise price of $0.053. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting employee retention and motivation strategies within the company.
Jade Gas Holdings Limited has announced the issuance of 60 million unquoted options as part of an employee incentive scheme. This strategic move is expected to enhance employee engagement and align their interests with the company’s growth objectives, potentially impacting the company’s operational efficiency and market positioning.
Jade Gas Holdings Limited has announced the issuance of 2,000,000 fully paid ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This move is part of the company’s strategic financial operations, potentially impacting its market position and stakeholder interests by expanding its capital base.
Jade Gas Holdings Limited has announced the issuance of 2,000,000 ordinary fully paid securities to its Managing Director under the Employee Securities Incentive Plan. This move is part of the company’s ongoing efforts to incentivize and retain key management personnel, potentially impacting its operational efficiency and aligning management interests with shareholder value.
Jade Gas Holdings Limited announced the cessation of 1,000,000 securities due to the expiry of options without exercise or conversion. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.
Jade Gas Holdings Limited has extended the closing date for its Share Purchase Plan (SPP) by five business days to 21 November 2025, allowing more time for eligible shareholders to participate. The SPP aims to raise up to A$2.1 million, with shares offered at A$0.035 each. This extension reflects the company’s efforts to engage shareholders and potentially strengthen its financial position, which could impact its ongoing projects in Mongolia and its strategy to supply gas to local sectors.
Jade Gas Holdings Limited has extended the closing date of its Share Purchase Plan (SPP) by five business days to allow eligible shareholders more time to participate. The SPP aims to raise up to A$2.1 million at an offer price of A$0.035 per share, with participation being optional and not underwritten. This extension provides shareholders additional time to consider their involvement, potentially impacting the company’s capital raising efforts and future project developments.
Jade Gas Holdings Limited reported a 19% increase in gas production for October 2025 at the Red Lake Gas Field in Mongolia. The company is focused on achieving sustainable flow rates and completing its Field Development Plan and Economic Study, which are expected to demonstrate a long-term viable gas project. Adjustments to water production have positively impacted reservoir response, and infrastructure assessments are ongoing to support future production and processing needs.