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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 | 9.30M | 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 |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | AU$47.42M | 6.06 | 21.06% | ― | 17.42% | -38.46% | |
59 Neutral | AU$13.56M | -100.00 | -8.36% | ― | -7.30% | ― | |
50 Neutral | AU$89.12M | -37.78 | -14.52% | ― | ― | 40.00% | |
44 Neutral | AU$38.36M | -10.45 | -13.99% | ― | ― | ― | |
40 Underperform | AU$55.18M | -9.09 | -28.51% | ― | ― | ― |
Jade Gas Holdings Limited Corporate Events
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.
Jade Gas Holdings Limited has appointed Chris Newport as its new Managing Director, effective November 10, 2025. Newport brings over 40 years of experience in the global energy sector, including significant expertise in coal bed methane projects. His appointment is expected to strengthen Jade’s corporate and industry capabilities as the company prepares for its first gas production in Mongolia. This strategic move is aimed at driving the company towards revenue generation and establishing its TTCBM project as a major energy initiative in the region.
Jade Gas Holdings Limited has announced its first LNG gas sale agreement with UB Metan LLC, Mongolia’s largest importer of natural gas products. This agreement marks a significant milestone for Jade, as it secures a minimum 20% supply commitment from its Tavan Tolgoi CBM Project. The company has also brought two production wells online, with continuous gas flow, and is advancing several strategic initiatives including a potential dual listing on the Hong Kong Stock Exchange. These developments are expected to enhance Jade’s operational capabilities and market presence, potentially impacting its financial performance and stakeholder interests positively.
Jade Gas Holdings Limited has announced a Share Purchase Plan (SPP) allowing eligible shareholders in Australia and New Zealand to purchase up to $30,000 worth of new shares at a discounted price of $0.035 per share. The SPP aims to raise up to $2.1 million and offers shareholders the opportunity to invest on similar terms as a recent share placement to professional investors. The offer is not underwritten, and applications may be scaled back if oversubscribed. This initiative is part of Jade Gas’s strategy to enhance its capital base and support its growth objectives in the energy sector.
Jade Gas Holdings Limited has announced the issuance of 147 million fully paid ordinary shares without disclosure under the Corporations Act, as part of a Share Purchase Plan (SPP) aimed at raising up to A$2.1 million. This strategic move is expected to bolster the company’s financial position, potentially enhancing its market operations and providing flexibility to accept oversubscriptions, indicating a proactive approach to capital management.
Jade Gas Holdings Limited has announced the issuance of 147,000,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code JGH. This move is part of a previously announced transaction, potentially enhancing the company’s capital base and market presence, which could have significant implications for its growth strategy and stakeholder interests.
Jade Gas Holdings Limited announced a proposed issue of securities, including 20 million unquoted options and 147 million ordinary fully paid shares, with the issue date set for October 23, 2025. This strategic move is likely to strengthen the company’s capital base, potentially enhancing its operational capabilities and market position within the energy sector.
Jade Gas Holdings Limited has successfully raised A$5 million through a well-supported placement to new and existing sophisticated investors at A$0.035 per share. The funds will be used to support the company’s strategic initiatives aimed at achieving commercial gas production from the Red Lake gas field, including the development of necessary infrastructure and economic studies. Additionally, Jade plans to launch a Share Purchase Plan to raise up to A$2.1 million, further supporting its growth and operational objectives. This financial move positions Jade to capitalize on the high demand for LNG and strengthen its market presence.
Jade Gas Holdings Limited has requested a trading halt on its securities pending a significant announcement related to a proposed capital raising. This move is intended to help the company manage its continuous disclosure obligations and is expected to impact its market operations and stakeholder interests. The trading halt will remain in place until the announcement is made or normal trading resumes on 16 October 2025.
Jade Gas Holdings Limited has released a corporate presentation outlining its position as a near-term high-margin gas producer. The presentation highlights the company’s focus on hydrocarbon resource estimates, compiled by experienced professionals, to enhance its market positioning. This strategic focus is expected to impact the company’s operations positively, potentially offering significant value to stakeholders in the oil and gas industry.