New Times Energy Corporation Limited (0166) AI Stock Analysis

• Market Cap: HK$472.06M
• Dividend Yield: N/A
• Average Volume (3M): 1.14M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: -58.33%
• EPS Growth: 42.53%
• Country: HK
• Employees: 134
• Sector: Energy
• Sector Strength: 75
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 8,741,777,000
• 10 Day Avg. Volume: 2,451,781
• 30 Day Avg. Volume: 1,136,096
• PEG Ratio: -0.07
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.13
• 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

• Rating: 41 Neutral
• Price Target: ―

The overall stock score of 41 reflects significant financial challenges, particularly in profitability and cash flow, which are the most critical factors. The technical analysis indicates weak market momentum, and the valuation is unattractive due to a negative P/E ratio. While the balance sheet strength offers some support, the overall risks are high.

New Times Energy Corporation Limited Business Overview & Revenue Model

Company Description

New Times Energy Corporation Limited, an investment holding company, engages in the oil and gas exploration and production business. It operates in two segments, Upstream; and General and Commodities Refinery and Trading. The company trades in non-ferrous metals, gold, and petroleum-related products; and explores, develops, produces, and sells crude oil. It also holds a 69.25% interest in the Tartagal Oriental and Morillo concessions located in the province of Salta; and 50% interest in the Los Blancos Concession covering an area of 95 square kilometers located in the province of Salta, Northern Argentina. New Times Energy Corporation Limited was incorporated in 1998 and is headquartered in Central, Hong Kong. New Times Energy Corporation Limited operates as a subsidiary of Max Sun Enterprises Limited.

How the Company Makes Money

New Times Energy Corporation Limited generates revenue through the exploration, development, and sale of oil and gas resources. The company's primary revenue streams include the sale of crude oil and natural gas extracted from its exploration activities. It is involved in the acquisition and development of energy projects, leveraging its expertise to increase production capacity and optimize resource extraction. The company's earnings are influenced by global oil prices, production volumes, and operational efficiencies. Additionally, strategic partnerships and joint ventures with other energy companies may contribute to its revenue by enhancing its exploration and production capabilities.

New Times Energy Corporation Limited Financial Statement Overview

Summary

New Times Energy Corporation Limited is facing substantial financial challenges, particularly in terms of profitability and cash flow generation. The income statement shows a significant decline in revenue with negative margins, and the cash flow statement indicates potential liquidity problems. However, the balance sheet remains relatively strong with low leverage, which provides some stability.

Income Statement

The company has experienced a significant decline in revenue from 2023 to 2024, with a negative revenue growth rate of -58.32%. Additionally, the company is facing negative gross profit margins and net profit margins, indicating struggles with profitability. The EBIT and EBITDA margins are also negative, further highlighting operational inefficiencies.

Balance Sheet

The company maintains a strong equity position with an equity ratio of 74.46% for 2024, indicating a solid capital structure. The debt-to-equity ratio is low at 0.02, reflecting minimal reliance on debt financing. However, the return on equity is negative due to net losses, pointing to challenges in generating shareholder returns.

Cash Flow

The cash flow statement shows significant issues, with no operating cash flow and free cash flow for 2024, indicating potential liquidity problems. The absence of free cash flow growth and negative free cash flow in prior years suggest ongoing cash management difficulties.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
10.90B	26.15B	20.91B	11.17B	5.03B
	Gross Profit
-199.30M	-136.90M	421.46M	90.66M	23.50M
	EBIT
-308.40M	-125.30M	290.59M	-19.19M	-16.14M
	EBITDA
-135.10M	72.80M	423.19M	18.37M	-37.38M
	Net Income Common Stockholders
-87.40M	-150.50M	285.90M	329.40M	-79.48M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
517.70M	832.10M	907.08M	642.57M	783.59M
	Total Assets
1.43B	1.70B	2.17B	1.74B	1.02B
	Total Debt
23.90M	22.00M	29.10M	30.98M	152.73M
	Net Debt
-462.80M	-774.60M	-801.88M	-463.97M	-488.18M
	Total Liabilities
364.70M	508.30M	843.79M	634.87M	262.21M
	Stockholders Equity
1.06B	1.19B	1.32B	1.10B	759.01M
Cash Flow		Free Cash Flow
0.00	-65.10M	330.06M	95.18M	-72.48M
	Operating Cash Flow
-208.00M	11.30M	538.43M	103.15M	-71.27M
	Investing Cash Flow
0.00	-77.00M	-97.99M	-88.35M	-51.02M
	Financing Cash Flow
0.00	-16.90M	-4.53M	-150.60M	-8.09M

New Times Energy Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0166, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 73.51 is Negative, neither overbought nor oversold. The STOCH value of 77.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0166.

New Times Energy Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	$7.59B	3.32	-4.46%	9.96%	0.83%	-49.64%
0166	41 Neutral	HK$472.06M	―	-7.75%	―	-58.33%	42.53%
RPGLF		$30.56M	―	-422.30%	―	―	―
SNLAF		$9.63B	19.36	2.17%	0.24%	―	―
0863	63 Neutral	HK$8.13B	172.64	6.56%	―	78.59%	―
0055	46 Neutral	HK$54.73M	―	-11.35%	―	-14.72%	6.06%

New Times Energy Corporation Limited Corporate Events

New Times Corporation Announces AGM and Key Resolutions

New Times Corporation Limited, formerly known as New Times Energy Corporation Limited, has announced its upcoming annual general meeting (AGM) to be held on June 20, 2025, in Hong Kong. The meeting will address several key resolutions, including the re-election of board members, authorization of director remuneration, and the re-appointment of Ernst & Young as the company’s auditor. Additionally, the company seeks approval to allot and issue shares, with specific conditions outlined for the exercise of this power. This announcement is significant as it outlines the company’s governance and strategic decisions, impacting its operational and financial directions.

New Times Corporation Reports 2024 Financial Results

New Times Corporation Limited, a company listed on the Hong Kong Stock Exchange, announced its annual financial results for the year ended December 31, 2024. The company reported a significant decline in revenue from HK$26,150.2 million in 2023 to HK$10,896.7 million in 2024, alongside a reduced loss before tax of HK$86.2 million compared to HK$159.6 million in the previous year. Despite the improvement in loss figures, the company did not declare any final dividend for the year. The financial results reflect ongoing challenges in the company’s operations, potentially impacting its market position and stakeholder confidence.

New Times Corporation Delays Board Meeting for Annual Results

New Times Corporation Limited announced the postponement of its board meeting originally scheduled for March 24, 2025, to March 27, 2025. The delay is due to the need for additional time to finalize the company’s annual results for the financial year ending December 31, 2024, which will also consider the payment of a final dividend.

New Times Corporation Schedules Board Meeting for Annual Results

New Times Corporation Limited, a company incorporated in Bermuda, has announced that its board of directors will meet on March 24, 2025. The meeting will focus on approving the company’s annual results for the year ending December 31, 2024, and considering the payment of an annual dividend, if any. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its financial strategies and investor relations.

New Times Corporation Limited Announces Change in Share Registrar Office

New Times Corporation Limited, formerly known as New Times Energy Corporation Limited, has announced a change in its Hong Kong branch share registrar and transfer office. Effective from March 24, 2025, Tricor Investor Services Limited will take over these responsibilities. This strategic move could streamline the company’s share registration and transfer processes, impacting shareholders by providing a centralized location for share certificate collection and related services.