China Energy Development Holdings Limited (0228) AI Stock Analysis

• Market Cap: HK$620.43M
• Dividend Yield: N/A
• Average Volume (3M): 14.32M
• Price to Earnings (P/E): 17.0
• Beta (1Y): 0.43
• Revenue Growth: -9.62%
• EPS Growth: -58.90%
• Country: HK
• Employees: 54
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Integrated
• EPS (TTM): 0.00
• Shares Outstanding: 12,165,344,000
• 10 Day Avg. Volume: 6,547,000
• 30 Day Avg. Volume: 14,324,406
• PEG Ratio: -0.21
• Price to Book (P/B): 0.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.27
• 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: 59 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score of 59 reflects the company's mixed financial performance, with stronger operational efficiency and a stable balance sheet weighed down by revenue decline and cash flow challenges. Technical indicators and valuation suggest moderate investor interest, but the absence of earnings call and corporate events data limits further analysis.

China Energy Development Holdings Limited Business Overview & Revenue Model

Company Description

China Energy Development Holdings Limited (0228) is an investment holding company primarily engaged in the oil and gas exploration and production sector. The company operates through various segments, including natural gas, crude oil, and other energy-related products and services. Based in Hong Kong, China Energy Development Holdings Limited focuses on acquiring, exploring, and developing energy resources to meet the growing demand for energy in China and other markets.

How the Company Makes Money

China Energy Development Holdings Limited generates revenue primarily through the extraction, production, and sale of natural gas and crude oil. The company earns money by exploring and developing oil and gas fields, extracting these resources, and selling them to various markets. It may also engage in partnerships with other energy companies to jointly explore and develop energy resources, which can lead to shared revenue streams. The company's earnings are influenced by global oil and gas prices, exploration success, production efficiency, and market demand for energy products.

China Energy Development Holdings Limited Financial Statement Overview

Summary

China Energy Development Holdings Limited shows mixed financial results. Improved gross profit margins indicate better cost management, but declining revenue and net profit margins highlight challenges. A stable balance sheet with a high equity ratio is offset by cash flow volatility and disconnect between operating cash flow and net income.

Income Statement

China Energy Development Holdings Limited demonstrates a fluctuating revenue trend with a decrease in total revenue from 2023 to 2024. However, gross profit margins improved considerably in 2024, reflecting better cost management. The net profit margin has declined, indicating challenges in converting revenue into profit. Despite these issues, EBIT and EBITDA margins remain strong, suggesting operational efficiency.

Balance Sheet

The company's balance sheet is stable with a high equity ratio, indicating a solid capital base. The debt-to-equity ratio is manageable, showing prudent leverage use. Return on Equity has decreased over the years, hinting at potential efficiency challenges in generating returns for shareholders.

Cash Flow

The cash flow statement shows significant volatility in free cash flow, with periods of negative free cash flow indicating investment and cash flow management challenges. Operating cash flow compared to net income shows a disconnect, which could signal issues with cash generation relative to reported earnings.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	300.10M	332.03M	323.03M	353.59M	173.48M
Gross Profit	248.47M	187.47M	172.84M	188.99M	38.97M
EBITDA	182.79M	211.15M	221.18M	335.34M	62.75M
Net Income	27.34M	69.53M	83.27M	123.78M	-14.17M
Balance Sheet
Total Assets	2.27B	2.37B	2.56B	2.85B	2.76B
Cash, Cash Equivalents and Short-Term Investments	49.12M	72.45M	160.15M	204.93M	204.25M
Total Debt	308.99M	475.69M	603.42M	569.80M	488.80M
Total Liabilities	480.15M	634.56M	833.49M	1.07B	1.15B
Stockholders Equity	1.78B	1.72B	1.72B	1.77B	1.60B
Cash Flow
Free Cash Flow	99.32M	69.41M	-72.78M	-44.82M	-420.90M
Operating Cash Flow	117.35M	155.30M	167.87M	213.02M	53.55M
Investing Cash Flow	-17.79M	-84.87M	-240.64M	-257.84M	-474.46M
Financing Cash Flow	-109.16M	-155.45M	52.60M	38.29M	345.44M

China Energy Development Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0228, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.61 is Neutral, neither overbought nor oversold. The STOCH value of 34.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0228.

China Energy Development Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2337	68 Neutral	HK$685.34M	9.32	13.86%	1.22%	3.42%	70.99%
0603	66 Neutral	HK$765.41M	4.42	4.81%	―	-4.71%	―
0346	63 Neutral	HK$440.04M	9.55	4.26%	―	5.20%	-75.14%
0228	59 Neutral	HK$620.43M	17.00	1.56%	―	-9.62%	-58.90%
Sector *	58 Neutral	HK$85.24B	3.84	-2.37%	3.16%	-4.67%	-40.97%
0611	58 Neutral	HK$768.60M	7.22	6.69%	―	―	―
0451	50 Neutral	$714.99M	―	-22.62%	―	30.60%	68.16%

China Energy Development Holdings Limited Corporate Events

China Energy Development Holdings Updates Nomination Committee Terms

China Energy Development Holdings Limited has amended the terms of reference for its Nomination Committee, which was initially established in 2012. The committee is tasked with ensuring the board’s structure, size, and composition align with the company’s corporate strategy, including maintaining board diversity and independence. The amendment emphasizes the committee’s role in assessing the independence of directors, recommending board appointments, and reviewing board diversity policies. This move is likely to enhance the company’s governance framework, potentially impacting its operational efficiency and stakeholder confidence.

China Energy Development Holdings Secures Shareholder Approval for AGM Resolutions

China Energy Development Holdings Limited announced that all resolutions proposed at their Annual General Meeting were passed. These included the adoption of financial statements, re-election of directors, and granting of mandates to issue and buy-back shares. The successful passage of these resolutions reflects strong shareholder support and positions the company for continued governance stability and operational flexibility.

China Energy Development Holdings Schedules AGM with Key Resolutions

China Energy Development Holdings Limited has announced its Annual General Meeting (AGM) scheduled for June 27, 2025, in Hong Kong. Key agenda items include the adoption of financial statements for 2024, re-election of board members, re-appointment of auditors, and granting the board authority to issue additional shares. These resolutions aim to strengthen the company’s governance structure and provide flexibility for future capital raising, potentially impacting shareholder value and market positioning.

China Energy Development Holdings Updates 2024 Annual Report on Share Options

China Energy Development Holdings Limited has issued a supplemental announcement to its 2024 Annual Report, revealing that there are no options available for grant under its New Share Option Scheme as of the report’s date. This update may impact the company’s ability to incentivize employees and align their interests with shareholders, potentially affecting stakeholder perceptions and the company’s market positioning.