CMIC Ocean En-Tech Holding Co (0206) AI Stock Analysis

• Market Cap: HK$870.00M
• Dividend Yield: 3.85%
• Average Volume (3M): 1.22M
• Price to Earnings (P/E): 15.6
• Beta (1Y): 0.41
• Revenue Growth: -8.93%
• EPS Growth: -25.43%
• Country: HK
• Employees: 313
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): <0.01
• Shares Outstanding: 3,243,433,800
• 10 Day Avg. Volume: 974,000
• 30 Day Avg. Volume: 1,220,984
• PEG Ratio: -2.83
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.52
• P/FCF Ratio: 11.86
• 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: 62 Neutral
• Price Target: HK$0.27 ▲(0.00% Upside)

The overall stock score of 62 reflects moderate financial performance with stable equity but challenges in revenue growth and cash flow. Technical analysis indicates mixed signals with potential bearish momentum. The stock's valuation is fair, supported by a reasonable P/E ratio and a solid dividend yield.

Positive Factors

Strong Equity Financing

Strong equity financing provides a solid foundation for the company, reducing reliance on debt and enhancing financial stability over the long term.

Proprietary Technology Revenue

Revenue from proprietary technology indicates a competitive advantage, supporting long-term growth through innovation and differentiation in the market.

Government and Private Partnerships

Partnerships with government and private entities provide access to larger projects and funding, ensuring sustained revenue streams and market presence.

Negative Factors

Revenue Growth Challenges

Inconsistent revenue growth poses a risk to long-term sustainability, potentially impacting the company's ability to invest in new projects and technologies.

Cash Flow Volatility

Volatile cash flow can hinder the company's ability to fund operations and growth initiatives, affecting financial flexibility and stability.

Net Profit Margin Fluctuations

Fluctuating net profit margins suggest challenges in maintaining consistent profitability, which could impact long-term financial performance and investor confidence.

CMIC Ocean En-Tech Holding Co Business Overview & Revenue Model

Company Description

CMIC Ocean En-Tech Holding Co., Ltd., an investment holding company, engages in the design, manufacture, installation, and commissioning of capital equipment and packages on land and offshore rigs worldwide. It operates through three segments: Capital Equipment and Packages, Oilfield Expendables and Supplies, and Management and Engineering Services. The company engages in asset investment and operation management of offshore engineering platforms; and offers specific equipment products, which include cranes, machine rack pipes, jacking systems, power control and transmission systems, tension adjustment and compensation devices and systems, etc. It also provides drilling rigs maintenance, repair, and operation products and services comprising oilfield expendables, accessories and parts manufacturing, and sale and repair services; and provides management and engineering services. In addition, the company offers rig turnkey solutions; trades in rig equipment and oilfield expendables, as well as manufactures and trades in rig electrical control systems; designs and manufactures mechanical handling equipment; and sub-leases drilling rigs. Further, it is involved in the research and development and sale of offshore wind power related equipment. The company was formerly known as TSC Group Holdings Limited and changed its name to CMIC Ocean En-Tech Holding Co., Ltd. in February 2019. CMIC Ocean En-Tech Holding Co., Ltd. was founded in 1995 and is headquartered in Kwai Chung, Hong Kong.

How the Company Makes Money

CMIC Ocean En-Tech generates revenue primarily through its engineering and technology service contracts, which include project management and consultancy fees for marine and environmental projects. The company also earns income from the sale of proprietary technology and software solutions that improve operational efficiency in marine environments. Significant partnerships with government agencies, private sector companies, and international organizations further enhance its revenue potential by providing access to larger projects and funding opportunities. Additionally, the company may benefit from ongoing maintenance contracts and recurring revenue from long-term service agreements with clients in key industries.

CMIC Ocean En-Tech Holding Co Financial Statement Overview

Summary

The company demonstrates moderate financial health with a stable balance sheet and strong equity. However, it faces challenges in revenue growth and cash flow stability, which impacts overall financial performance.

Income Statement

The company shows a mixed performance in its income statement. The gross profit margin is stable, reflecting consistent cost management. However, the net profit margin has experienced fluctuations, indicating variable profitability. Revenue growth is inconsistent, facing declines in recent periods, which could be a concern for sustainable growth. EBIT and EBITDA margins are moderate, suggesting average operational efficiency.

Balance Sheet

The balance sheet indicates strong equity financing, with a healthy equity ratio. The debt-to-equity ratio is low, which suggests prudent leverage management. Return on equity has shown variability due to fluctuating net income, but the overall financial stability seems solid with adequate asset management.

Cash Flow

Cash flow analysis reveals challenges, with recent periods showing zero operating and free cash flows, indicating potential cash management issues. Historically, free cash flow has been positive, but inconsistent, suggesting volatility in cash generation. The operating cash flow to net income ratio is unavailable for the latest period, complicating analysis of cash earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	151.80M	166.77M	181.34M	113.04M	57.03M	65.88M
Gross Profit	39.46M	41.48M	41.00M	27.75M	20.66M	11.62M
EBITDA	26.75M	17.12M	30.41M	7.99M	3.99M	-18.27M
Net Income	7.10M	9.16M	9.50M	25.88M	9.22M	10.92M
Balance Sheet
Total Assets	300.16M	310.37M	326.30M	278.67M	229.90M	229.93M
Cash, Cash Equivalents and Short-Term Investments	90.56M	84.10M	73.37M	24.91M	33.51M	22.42M
Total Debt	40.11M	48.98M	51.84M	16.19M	20.70M	24.61M
Total Liabilities	117.87M	131.12M	150.48M	109.65M	81.32M	94.65M
Stockholders Equity	181.17M	178.19M	175.04M	169.17M	148.71M	135.61M
Cash Flow
Free Cash Flow	38.35M	7.30M	54.44M	14.62M	7.34M	2.71M
Operating Cash Flow	40.03M	8.78M	55.46M	15.88M	14.06M	3.88M
Investing Cash Flow	-377.00K	15.24M	33.52M	-4.94M	24.01M	3.36M
Financing Cash Flow	-20.35M	-12.29M	-40.73M	-18.82M	-27.31M	-20.20M

CMIC Ocean En-Tech Holding Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.27
• 50DMA: Positive
• 100DMA: Positive
• 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:0206, the sentiment is Positive. The current price of 0.27 is above the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.27, and above the 200-day MA of 0.25, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.76 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0206.

CMIC Ocean En-Tech Holding Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0353	68 Neutral	HK$329.57M	1.22	22.21%	―	-5.34%	400.80%
3303	66 Neutral	HK$1.17B	17.08	2.87%	2.73%	-59.96%	-83.53%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
0206	62 Neutral	HK$870.00M	15.61	3.95%	3.85%	-8.93%	-25.43%
1623	48 Neutral	HK$334.20M	-0.88	-11.09%	―	-2.11%	-779.00%
2178	48 Neutral	HK$88.06M	-2.84	-16.54%	―	-36.59%	48.63%
1080	43 Neutral	HK$337.07M	-6.83	-10.68%	―	0.97%	33.70%

CMIC Ocean En-Tech Holding Co Corporate Events

CMIC Ocean En-Tech Extends Key Agreements with CM Industry

CMIC Ocean En-Tech Holding Co., operating in the energy technology sector, focuses on product sales, structural parts procurement, vessels management services, and leasing. The company has renewed its agreements with CM Industry to continue these operations until 2028. The renewal of these agreements, including the Master Supply and Purchase Agreement, Master Vessels Chartering and Management Services Agreement, and Master Lease Agreement, signifies a strategic move to maintain and enhance its market position. These agreements are subject to various regulatory requirements, reflecting their significance in the company’s operational framework.

The most recent analyst rating on (HK:0206) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on CMIC Ocean En-Tech Holding Co stock, see the HK:0206 Stock Forecast page.

CM Energy Tech Reports Decline in Interim Financial Results

CM Energy Tech Co., Ltd., a company incorporated in the Cayman Islands, has reported its unaudited interim financial results for the six months ending June 30, 2025. The company experienced a significant decline in financial performance compared to the same period in 2024, with a 19.3% decrease in revenue to approximately $62.6 million, an 11.5% drop in gross profit to $15.5 million, and a 43.1% reduction in net profit to $2.7 million. Consequently, the Board has decided not to declare an interim dividend for this period.