White Energy Company Limited (WEC) AI Stock Analysis

• Market Cap: AU$9.35M
• Dividend Yield: N/A
• Average Volume (3M): 38.01K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.09
• Revenue Growth: N/A
• EPS Growth: -57.51%
• Country: AU
• Employees: 75
• Sector: Energy
• Sector Strength: 52
• Industry: Coal
• EPS (TTM): >-0.01
• Shares Outstanding: 311,619,900
• 10 Day Avg. Volume: 103,976
• 30 Day Avg. Volume: 38,007
• PEG Ratio: >-0.01
• Price to Book (P/B): -4.71
• Price to Sales (P/S): 97.24
• P/FCF Ratio: -1.74
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

White Energy Company Limited's overall stock score is primarily impacted by its poor financial performance, characterized by significant losses and negative margins. Technical analysis indicates a bearish trend, and valuation metrics are unattractive due to negative earnings. The lack of earnings call data and corporate events means these factors do not influence the score.

White Energy Company Limited Business Overview & Revenue Model

Company Description

White Energy Company Limited (WEC) is an innovative energy company focused on developing and commercializing advanced clean energy technologies. The company operates primarily in the renewable energy sector, specializing in the production of sustainable fuels and energy solutions. WEC's core products include clean coal technology and biofuels, aimed at reducing emissions and promoting environmental sustainability. With a commitment to transitioning towards a low-carbon economy, WEC is actively engaged in research and development to enhance energy efficiency and support the global energy transition.

How the Company Makes Money

WEC generates revenue through multiple streams, primarily by selling its advanced clean energy products, including sustainable fuels and clean coal technology. The company partners with various stakeholders in the energy sector, including utilities and industrial clients, to implement its solutions. Additionally, WEC secures funding through government grants and initiatives focused on renewable energy development. Licensing agreements for its proprietary technologies also contribute to revenue, allowing other companies to utilize WEC's innovations in their operations. The combination of product sales, partnerships, and licensing agreements forms the backbone of WEC's revenue model.

White Energy Company Limited Financial Statement Overview

Summary

White Energy Company Limited is facing significant financial challenges across all verticals. The income statement shows persistent losses and negative margins, the balance sheet is highly leveraged with negative equity, and cash flows are insufficient to cover operational losses. The company needs to address its operational inefficiencies and financial structure to improve its financial health.

Income Statement

White Energy Company Limited has been experiencing significant challenges in its income statement. The company has a negative net profit margin of -291.72% for the latest period, indicating substantial losses relative to its revenue. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies. Although there is a slight revenue growth rate of 2.5%, the persistent negative margins overshadow this growth.

Balance Sheet

The balance sheet reveals a highly leveraged position with a debt-to-equity ratio of -32.81, indicating negative equity and high financial risk. The return on equity is positive at 14.13%, but this is due to the negative equity base rather than operational success. The equity ratio is negative, highlighting a precarious financial position with liabilities exceeding assets.

Cash Flow

Cash flow analysis shows some improvement in free cash flow growth at 13.68%, but the company still faces negative operating cash flow. The operating cash flow to net income ratio is negative, suggesting that the company is not generating sufficient cash from its operations to cover its losses. The free cash flow to net income ratio is above 1, indicating some ability to generate cash relative to net losses, but overall cash flow remains weak.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	82.00K	82.00K	89.00K	106.00K	90.00K	24.00K
Gross Profit	30.00K	30.00K	64.00K	-1.98M	71.00K	-62.00K
EBITDA	-3.23M	-3.23M	-1.75M	-4.12M	-3.88M	-15.07M
Net Income	-23.92M	-23.92M	-6.23M	-6.21M	-5.80M	-17.91M
Balance Sheet
Total Assets	12.92M	12.92M	13.27M	10.20M	11.71M	17.06M
Cash, Cash Equivalents and Short-Term Investments	3.15M	3.15M	5.64M	772.00K	434.00K	2.22M
Total Debt	55.55M	55.55M	51.87M	33.85M	32.69M	30.02M
Total Liabilities	56.69M	56.69M	54.29M	54.07M	50.39M	44.03M
Stockholders Equity	-1.69M	-1.69M	-2.51M	-4.97M	-3.34M	3.10M
Cash Flow
Free Cash Flow	-4.59M	-4.59M	-5.13M	-3.95M	-3.04M	-10.93M
Operating Cash Flow	-2.26M	-2.26M	-3.64M	-3.81M	-2.90M	-10.86M
Investing Cash Flow	-2.10M	-2.10M	-1.49M	-436.00K	903.00K	1.90M
Financing Cash Flow	3.79M	3.77M	7.99M	4.58M	182.00K	483.00K

White Energy Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WEC, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.86 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WEC.

White Energy Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
AJL	43 Neutral	AU$13.76M	-0.92	―	―	-8.48%	-2080.00%
WEC	41 Neutral	AU$9.35M	―	―	―	―	-57.51%
AUH	39 Underperform	AU$6.05M	―	-7.09%	―	―	42.86%
JAL	38 Underperform	AU$60.41M	-53.13	-2.71%	―	―	40.74%
NCR	38 Underperform	AU$3.07M	-33.33	―	―	―	57.14%
REY	33 Underperform	―	―	―	―	―	-308.85%

White Energy Company Limited Corporate Events

White Energy Advances Drilling and Coal Technology Initiatives

White Energy Company Limited has commenced a core drilling program at the Specimen Hill Project in Queensland, following ministerial approval for the transfer of farm-in tenements. The company continues its analysis of ionic sampling programs at the Tindal project and is working with its joint venture partner, Proterra, to promote Binderless Coal Briquetting technology in South Africa. These activities highlight White Energy’s strategic focus on mineral exploration and innovative coal technology, which are crucial for its growth and positioning in the energy sector.

White Energy Launches Drilling Program at Specimen Hill Project

White Energy Company Limited has initiated a core-drilling program at its Specimen Hill Project in Central Queensland, targeting copper and gold deposits. The program aims to increase geological understanding and verify previous drilling results, with plans to expand upon completion and access approvals, potentially impacting the company’s exploration capabilities and stakeholder interests.

White Energy Company Limited’s Strategic Focus on Coal Technology and Exploration

White Energy Company Limited’s annual report highlights its dual focus on coal technology and mining exploration. The company is advancing its coal beneficiation and briquetting processes, while also expanding its exploration activities across key regions in Australia, potentially enhancing its market position and offering new opportunities for stakeholders.

White Energy Advances Binderless Coal Briquetting Technology

White Energy Company Limited has reported ongoing advancements in its Binderless Coal Briquetting (BCB) technology, which is designed to convert low-rank coals and coal fines into more valuable briquettes. The company is actively engaging with mine owners to utilize this technology for recovering and upgrading waste coal materials, thus reducing emissions and improving coal production efficiency. In collaboration with its joint venture partner, Proterra Investment Partners, White Energy is pursuing opportunities in South Africa to implement BCB projects, with successful trials demonstrating the potential for producing export-grade coal products from reject tailings.

White Energy Releases 2025 Corporate Governance Statement

White Energy Company Limited has released its 2025 Corporate Governance Statement and Appendix 4G, as part of its commitment to transparency and adherence to ASX listing rules. This announcement underscores the company’s dedication to maintaining high governance standards, which is crucial for its operations and stakeholder trust.

White Energy Announces Director’s Shareholding Restructure

White Energy Company Limited announced a change in the director’s interest notice involving Gregory Keith Whitehouse. The change reflects an internal transfer of 2,683,027 ordinary shares from Mr. Whitehouse’s related super fund to another related super fund, Wharema Pty Ltd. This off-market transfer does not affect the total number of shares held but alters the distribution between the entities. The transfer was conducted under the company’s securities trading policy, ensuring compliance with regulatory requirements.

White Energy Schedules 2025 AGM and Sets Director Nomination Deadline

White Energy Company Limited, listed on the Australian Securities Exchange and OTC markets, has announced the scheduling of its Annual General Meeting (AGM) for November 28, 2025. The company has set a deadline for director nominations, which must be submitted by September 26, 2025. This announcement is part of the company’s compliance with relevant listing rules and its constitution, and it reflects the company’s ongoing governance and operational planning.