Top Page
New Times Energy Corporation Limited
(0166)
New Times Energy Corporation Limited (0166) vs. iShares MSCI Hong Kong ETF (EWH)
New Times Energy Corporation Limited Business Overview & Revenue Model
New Times Energy Corporation Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.46B | 10.90B | 26.15B | 20.91B | 11.17B | 5.03B |
| Gross Profit | -271.20M | -199.30M | -136.90M | 421.46M | 90.66M | 23.50M |
| EBITDA | -181.90M | -135.10M | 72.80M | 423.19M | 395.12M | -37.38M |
| Net Income | -123.60M | -87.40M | -150.50M | 285.90M | 329.40M | -79.48M |
Balance Sheet | ||||||
| Total Assets | 1.50B | 1.43B | 1.70B | 2.17B | 1.74B | 1.02B |
| Cash, Cash Equivalents and Short-Term Investments | 502.80M | 517.70M | 832.10M | 907.08M | 642.57M | 783.59M |
| Total Debt | 21.50M | 23.90M | 22.00M | 29.10M | 30.98M | 152.73M |
| Total Liabilities | 480.80M | 364.70M | 508.30M | 843.79M | 634.87M | 262.21M |
| Stockholders Equity | 1.02B | 1.06B | 1.19B | 1.32B | 1.10B | 759.01M |
Cash Flow | ||||||
| Free Cash Flow | -103.50M | -264.40M | -65.10M | 330.06M | 95.18M | -72.48M |
| Operating Cash Flow | -80.00M | -208.00M | 11.30M | 538.43M | 103.15M | -71.27M |
| Investing Cash Flow | -32.50M | -77.80M | -77.00M | -97.99M | -88.35M | -51.02M |
| Financing Cash Flow | -7.00M | -8.30M | -16.90M | -4.53M | -150.60M | -8.09M |
New Times Energy Corporation Limited Technical Analysis
New Times Energy Corporation Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | HK$1.09B | 13.13 | 14.56% | ― | -70.82% | 5182.22% | |
53 Neutral | HK$1.08B | ― | -4702.63% | ― | 0.41% | 83.35% | |
52 Neutral | HK$608.00M | -69.09 | -1.88% | ― | -23.72% | -196.49% | |
49 Neutral | HK$272.98M | -1.34 | -23.14% | ― | -27.07% | 47.86% | |
47 Neutral | HK$410.86M | -3.33 | -11.40% | ― | -4.27% | 47.58% |
New Times Energy Corporation Limited Corporate Events
New Times Energy Corporation Limited, listed on the Hong Kong Stock Exchange, has announced a further delay in the dispatch of its circular related to the disposal of shares of a subsidiary. The company has applied for a waiver from strict compliance with Rule 14.41(a) of the Listing Rules to extend the time required for preparing necessary financial information, including statements of indebtedness and sufficiency of working capital. This delay could impact stakeholders’ expectations regarding the company’s financial disclosures and operational timelines.
New Times Corporation Limited, a company incorporated in Bermuda, has announced the appointment of Ms. Leung Sze Lai as a member of its Nomination Committee, effective 30 September 2025. This appointment aligns with recent amendments to the Listing Rules and Corporate Governance Code, aimed at enhancing the board’s effectiveness and diversity. The company believes these changes will improve its corporate governance practices.
New Times Energy Corporation Limited has announced changes to its board of directors, effective from September 30, 2025. The board now includes Mr. Cheng Kam Chiu Stewart as Chairman and Mr. Tang John Wing Yan as CEO, among others. This restructuring of the board and its committees is aimed at strengthening the company’s governance and strategic direction, potentially impacting its operational efficiency and stakeholder confidence.
New Times Energy Corporation Limited has established a Nomination Committee to oversee the appointment and evaluation of its Board of Directors. The committee, composed mainly of independent non-executive directors, is responsible for reviewing the board’s structure, diversity, and composition, as well as identifying qualified candidates for directorships. This initiative aims to enhance the company’s governance and align its board composition with its corporate strategy, potentially impacting its operational effectiveness and stakeholder confidence.
New Times Energy Corporation Limited reported its unaudited interim results for the six months ending June 30, 2025. The company experienced a significant increase in revenue from HK$4,517.7 million in 2024 to HK$7,085.8 million in 2025. However, the company also reported a higher loss before tax of HK$64.6 million compared to HK$19.3 million in the previous year. The loss per share increased to HK$0.0070 from HK$0.0028. The board has decided not to recommend any interim dividend for this period.
New Times Corporation Limited has received a waiver from the Stock Exchange of Hong Kong, allowing an extension for the dispatch of a financial circular related to the disposal of shares in a subsidiary. This extension is necessary due to additional time required for preparing financial information, including statements of indebtedness and working capital. The waiver is conditional on the circular being dispatched by October 13, 2025, and may be subject to change if the company’s situation changes.
New Times Corporation Limited has announced a postponement of its board meeting initially scheduled for August 21, 2025, to August 27, 2025. This delay is due to the need for additional time to finalize the company’s interim results for the first half of 2025. The meeting will address the approval of these results and the consideration of an interim dividend, which may impact the company’s financial reporting and stakeholder expectations.
New Times Corporation Limited, a company incorporated in Bermuda, announced a delay in the dispatch of a circular related to the disposal of shares of a subsidiary. The delay is due to the need for additional time to prepare financial information, including statements of indebtedness and sufficiency of working capital. The company has applied for a waiver from the Stock Exchange to extend the dispatch deadline and will make further announcements regarding the waiver application and the new dispatch date.
New Times Corporation Limited, incorporated in Bermuda, has announced a board meeting scheduled for August 21, 2025. The meeting will focus on approving the company’s interim results for the first half of 2025 and considering the payment of an interim dividend, which could influence investor sentiment and the company’s financial strategy.
New Times Energy Corporation Limited has announced a major transaction involving the disposal of shares in its subsidiary, ACPMR. The transaction involves Absolute Champ, a wholly-owned subsidiary of the company, selling 49% of ACPMR’s issued shares and a corresponding shareholder’s loan to Samore for approximately HK$13,295,000. After the transaction, ACPMR will be owned 51% by Absolute Champ and 49% by Samore, becoming an indirect non-wholly-owned subsidiary of New Times Energy. This transaction is classified as a major transaction under the Listing Rules, requiring shareholder approval, which has been obtained from Max Sun, holding a significant majority of the company’s shares. Consequently, no special general meeting is necessary, and the company will dispatch a circular detailing the transaction to shareholders by August 14, 2025.