Puxing Energy Ltd. (0090) AI Stock Analysis

• Market Cap: HK$600.77M
• Dividend Yield: 1.05%
• Average Volume (3M): 173.53K
• Price to Earnings (P/E): 15.8
• Beta (1Y): 0.66
• Revenue Growth: 16.01%
• EPS Growth: -53.67%
• Country: HK
• Employees: 291
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 0.03
• Shares Outstanding: 458,600,000
• 10 Day Avg. Volume: 273,000
• 30 Day Avg. Volume: 173,533
• PEG Ratio: -0.30
• Price to Book (P/B): 0.28
• Price to Sales (P/S): 0.45
• P/FCF Ratio: -16.59
• 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: 59 Neutral
• Price Target: HK$1.50 ▲(26.05% Upside)

The overall stock score of 59 reflects a combination of mixed financial performance, moderate technical indicators, and reasonable valuation metrics. The financial performance is the most significant factor, with stable operations but declining profitability. Technical analysis suggests a lack of strong momentum, and the valuation is average for the industry.

Positive Factors

Revenue Growth

The company has shown a positive revenue growth rate, indicating expanding operations and increased demand for its renewable energy solutions.

Business Model

Puxing Energy's business model, centered on renewable energy and long-term power purchase agreements, ensures stable revenue streams and aligns with global sustainability trends.

Industry Position

As a leader in renewable energy, Puxing Energy is well-positioned to capitalize on the growing demand for sustainable energy solutions, enhancing its competitive advantage.

Negative Factors

Profitability Concerns

Decreased profitability and efficiency, as shown by declining net profit margins and return on equity, suggest challenges in maintaining financial performance.

Cash Flow Management

Lack of recent cash flow data hinders the ability to assess financial health, highlighting the need for improved cash management practices to ensure stability.

Debt Levels

While the debt-to-equity ratio is moderate, careful monitoring is necessary to prevent potential financial strain and ensure long-term sustainability.

Puxing Energy Ltd. Business Overview & Revenue Model

Company Description

Puxing Energy Limited, an investment holding company, develops, operates, and manages natural gas-fired power plants in the People's Republic of China. As of December 31, 201, it owned five natural gas-fired power plants with a total installed capacity of approximately 687.73W, including 731kW photovoltaic power generation scale; and a heating capacity of approximately 360 tons per hour. The company was formerly known as Puxing Clean Energy Limited and changed its name to Puxing Energy Limited in June 2020. Puxing Energy Limited was founded in 2004 and is headquartered in Hangzhou, the People's Republic of China. Puxing Energy Limited is a subsidiary of Puxing International Limited.

How the Company Makes Money

Puxing Energy Ltd. generates revenue primarily through the sale of electricity produced from its renewable energy projects, including solar and wind farms. The company enters into long-term power purchase agreements (PPAs) with utilities and large-scale consumers, ensuring a steady stream of income from these contracts. Additionally, Puxing Energy may earn revenue from consulting services related to energy efficiency and management, offering expertise to clients looking to reduce energy costs and improve sustainability. Strategic partnerships with government entities and private investors also contribute to funding and expanding its projects, further enhancing its revenue potential.

Puxing Energy Ltd. Financial Statement Overview

Summary

Puxing Energy Ltd. presents a mixed financial performance. The income statement shows stable operational performance but declining profitability trends. The balance sheet is relatively strong with moderate leverage, but reduced returns on equity warrant attention. Cash flow analysis is limited by missing data, highlighting the need for enhanced cash management.

Income Statement

Puxing Energy Ltd. shows a stable gross profit margin compared to previous years. However, there is a decline in net profit margin from the previous year, indicating decreased profitability. Revenue growth is modest, and EBIT and EBITDA margins are stable but not significantly strong, reflecting consistent operational performance with room for improvement.

Balance Sheet

The company's debt-to-equity ratio is moderate, indicating a balanced approach to leverage, but attention to debt levels is necessary. Return on equity has slightly decreased, showing reduced efficiency in using equity to generate profits. The equity ratio is stable, indicating a solid base of equity relative to assets.

Cash Flow

The absence of free cash flow and operating cash flow data in the latest year limits the analysis. Historically, there has been good free cash flow generation, but recent trends cannot be assessed accurately. The company needs to ensure strong cash flow management to maintain financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	570.28M	534.05M	513.51M	753.31M	601.57M	580.24M
Gross Profit	267.45M	287.02M	286.64M	268.48M	358.97M	354.36M
EBITDA	196.44M	208.33M	229.43M	207.20M	287.34M	276.83M
Net Income	35.14M	59.90M	70.84M	51.93M	103.83M	124.19M
Balance Sheet
Total Assets	1.43B	1.91B	1.73B	1.78B	1.86B	1.94B
Cash, Cash Equivalents and Short-Term Investments	246.95M	114.46M	130.72M	89.43M	76.09M	131.96M
Total Debt	421.11M	832.77M	828.34M	852.53M	810.90M	872.38M
Total Liabilities	547.77M	1.04B	913.52M	1.03B	1.14B	1.29B
Stockholders Equity	880.86M	876.28M	816.13M	744.88M	718.87M	651.20M
Cash Flow
Free Cash Flow	3.40M	-14.54M	167.00M	106.74M	151.14M	165.70M
Operating Cash Flow	175.41M	174.02M	172.57M	118.67M	169.07M	181.52M
Investing Cash Flow	-43.13M	-187.29M	-4.95M	-11.34M	-17.57M	-15.10M
Financing Cash Flow	-62.29M	-2.99M	-126.34M	-93.98M	-207.38M	-95.83M

Puxing Energy Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.19
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0090, the sentiment is Positive. The current price of 1.19 is below the 20-day moving average (MA) of 1.29, below the 50-day MA of 1.29, and above the 200-day MA of 1.18, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.61 is Neutral, neither overbought nor oversold. The STOCH value of 78.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0090.

Puxing Energy Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8326	72 Outperform	HK$196.32M	5.41	9.36%	―	-40.01%	-63.23%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
0987	62 Neutral	HK$328.31M	8.79	2.00%	3.70%	15.92%	―
0090	59 Neutral	HK$600.77M	15.82	4.04%	1.05%	16.01%	-53.67%
0451	48 Neutral	HK$2.14B	-3.10	-35.49%	―	39.42%	56.89%
1165	42 Neutral	HK$121.98M	-0.26	―	―	-21.67%	-18.64%
0295	40 Underperform	HK$224.47M	―	―	―	―	―

Puxing Energy Ltd. Corporate Events

Puxing Energy Secures Approval for New Financial Services Agreement

At the Extraordinary General Meeting held on December 17, 2025, Puxing Energy Limited successfully passed an ordinary resolution to adopt its New Financial Services Agreement. The resolution, which covers deposit services, bills acceptance services, and bills discounting services with proposed annual caps for three years ending December 31, 2028, received unanimous votes from independent shareholders. Stakeholder alignment and transparency were ensured through abstentions from significant shareholders like Puxing International, enabling independent shareholders to retain voting influence. This move supports its operational framework and aims to solidify its strategic direction.

The most recent analyst rating on (HK:0090) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Puxing Energy Ltd. stock, see the HK:0090 Stock Forecast page.

Puxing Energy Ltd. Announces Extraordinary General Meeting for Financial Services Agreement

Puxing Energy Ltd. has announced an extraordinary general meeting scheduled for December 17, 2025, to seek shareholder approval for a new financial services agreement. This agreement involves the provision of deposit services, bills acceptance, and discounting services, with proposed annual caps extending through 2028. The approval of this agreement is crucial for Puxing Energy’s operational strategy and could impact its financial service offerings, potentially influencing its market position and stakeholder interests.

The most recent analyst rating on (HK:0090) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Puxing Energy Ltd. stock, see the HK:0090 Stock Forecast page.

Puxing Energy Enters New Financial Services Agreement with Wanxiang Finance

Puxing Energy Ltd. has entered into a New Financial Services Agreement with Wanxiang Finance, a non-banking financial institution, to provide various financial services to the Group. This agreement, which includes deposit services, credit facilities, and bills discounting services, is subject to specific reporting and approval requirements under the Hong Kong Listing Rules due to the connected nature of the transactions and the significant percentage ratios involved.

The most recent analyst rating on (HK:0090) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Puxing Energy Ltd. stock, see the HK:0090 Stock Forecast page.

Puxing Energy Ltd. Updates Nomination Committee Structure

Puxing Energy Ltd. has announced the adoption of new terms of reference for its Nomination Committee, which will be composed of at least three members, including at least one member of a different gender, and will be primarily made up of independent non-executive directors. This move is in compliance with the listing requirements of the Hong Kong Stock Exchange and aims to enhance the governance structure of the company, potentially impacting its operational efficiency and stakeholder confidence positively.

The most recent analyst rating on (HK:0090) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Puxing Energy Ltd. stock, see the HK:0090 Stock Forecast page.

Puxing Energy Limited Invests in HashKey Holdings

Puxing Energy Limited has announced a subscription of equity interest in HashKey Holdings Limited, acquiring Series A preferred shares valued at approximately US$380,000. The valuation for the subscription was conducted using a market approach, which considered recent transaction prices for similar assets, ensuring the subscription price aligned with the market value. This strategic investment reflects Puxing Energy’s interest in diversifying its portfolio and engaging with reputable institutional investors who have also acquired shares at consistent prices since 2023.

The most recent analyst rating on (HK:0090) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Puxing Energy Ltd. stock, see the HK:0090 Stock Forecast page.