China Energy Development Holdings Limited (0228) AI Stock Analysis

• Market Cap: HK$632.60M
• Dividend Yield: N/A
• Average Volume (3M): 2.43M
• Price to Earnings (P/E): 18.3
• Beta (1Y): 0.48
• Revenue Growth: -9.62%
• EPS Growth: -58.90%
• Country: HK
• Employees: 54
• Sector: Energy
• Sector Strength: 73
• Industry: Oil & Gas Integrated
• EPS (TTM): <0.01
• Shares Outstanding: 12,165,344,000
• 10 Day Avg. Volume: 3,354,400
• 30 Day Avg. Volume: 2,430,000
• PEG Ratio: -0.44
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -16.33
• 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: 57 Neutral
• Price Target: ―

China Energy Development Holdings Limited's stock score reflects a mixed financial performance with strong operational efficiency and a stable balance sheet, but challenges in revenue growth and cash flow management. Technical indicators show weak momentum, while the valuation suggests the stock is fairly valued. The absence of earnings call and corporate event data limits further insights.

China Energy Development Holdings Limited Business Overview & Revenue Model

Company Description

China Energy Development Holdings Limited, an investment holding company, engages in the exploration, development, production, and sale of natural gas. It operates through three segments: Exploration, Production, and Distribution of Natural Gas; Sales of Food and Beverages Business; and Money Lending Business. The company drills, explores for, develops, exploits, and produces oil and/or natural gas from site located in Xinjiang; and distributes natural gas through pipelines in the People's Republic of China. It is also involved in the sale of food and beverages; and provision of loans to third parties. The company was incorporated in 2001 and is headquartered in Central, Hong Kong.

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

Overall, China Energy Development Holdings Limited displays a mixed financial performance. While operational efficiency remains strong and the balance sheet is stable, revenue decline and cash flow volatility pose challenges. The company needs to address these areas to enhance its financial health and shareholder value.

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
	EBIT
201.56M	141.26M	134.06M	141.13M	-6.17M
	EBITDA
182.79M	211.15M	221.18M	335.34M	62.75M
	Net Income Common Stockholders
27.34M	69.53M	83.27M	123.78M	-14.17M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
49.12M	72.45M	160.15M	204.93M	204.25M
	Total Assets
2.27B	2.37B	2.56B	2.85B	2.76B
	Total Debt
308.99M	475.69M	603.42M	569.80M	488.80M
	Net Debt
274.64M	430.49M	472.12M	402.52M	320.81M
	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
0.00	69.41M	-72.78M	-44.82M	-420.90M
	Operating Cash Flow
0.00	155.30M	167.87M	213.02M	53.55M
	Investing Cash Flow
0.00	-84.87M	-240.64M	-257.84M	-474.46M
	Financing Cash Flow
0.00	-155.45M	52.60M	38.29M	345.44M

China Energy Development Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 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:0228, 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 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 69.30 is Neutral, neither overbought nor oversold. The STOCH value of 77.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
Sector *	58 Neutral	$7.56B	3.29	-4.46%	10.00%	0.84%	-49.61%
0228	57 Neutral	HK$632.60M	18.33	1.56%	―	-9.62%	-58.90%
CRGGF		$6.23B	12.16	9.94%	0.81%	―	―
GCPEF		$3.16B	―	-11.91%	―	―	―
HP6H		€1.52B	6.82	11.35%	1.03%	―	―
0956	73 Outperform	HK$27.62B	9.75	8.07%	5.35%	-6.73%	-21.61%

China Energy Development Holdings Limited Corporate Events

China Energy Development Holdings Reports Decline in 2024 Financial Results

China Energy Development Holdings Limited reported a decrease in its financial performance for the year ended December 31, 2024, with revenue dropping by 9.6% and profit attributable to owners falling by 60.7% compared to the previous year. The decline in earnings per share and EBITDA indicates challenges in maintaining profitability, which may impact the company’s operations and market positioning.

China Energy Development Issues Profit Warning for FY2024

China Energy Development Holdings Limited has issued a profit warning for the fiscal year ending December 31, 2024. The company anticipates a significant decrease in earnings before interest, taxation, depreciation, and amortization (EBITDA) and profit attributable to owners compared to the previous year. This decline is attributed to several factors including impairments on property, plant, and equipment, intangible assets, and properties held in Hong Kong, as well as fair value losses on financial assets and increased deferred tax charges. The company advises shareholders and potential investors to exercise caution as the final results are yet to be audited and may be subject to adjustments.

China Energy Development Announces Change in Share Registrar

China Energy Development Holdings Limited has announced a change in its Hong Kong Branch Share Registrar, effective from March 31, 2025. The new registrar will be Tricor Investor Services Limited, and this change requires shareholders to lodge applications for the registration of transfer of shares with Tricor from the effective date. This transition is part of the company’s operational adjustments and could impact how stakeholders manage their share transactions.