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Mongolia Energy
(0276)
Mongolia Energy (0276) vs. iShares MSCI Hong Kong ETF (EWH)
Mongolia Energy Business Overview & Revenue Model
Mongolia Energy Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.86B | 2.86B | 3.17B | 2.91B | 1.56B | 858.42M |
| Gross Profit | 849.04M | 851.17M | 1.18B | 1.09B | 600.09M | 301.70M |
| EBITDA | -18.44M | -452.03M | 2.93B | -688.09M | 317.24M | 2.36B |
| Net Income | -1.38B | -1.38B | 1.68B | -1.60B | -349.05M | 1.80B |
Balance Sheet | ||||||
| Total Assets | 3.08B | 3.08B | 4.22B | 2.80B | 3.62B | 3.54B |
| Cash, Cash Equivalents and Short-Term Investments | 134.81M | 134.81M | 128.70M | 111.86M | 114.66M | 108.33M |
| Total Debt | 5.44B | 5.44B | 5.26B | 5.97B | 5.67B | 5.49B |
| Total Liabilities | 7.15B | 7.15B | 6.90B | 7.14B | 6.33B | 5.93B |
| Stockholders Equity | -4.08B | -4.08B | -2.69B | -4.34B | -2.71B | -2.39B |
Cash Flow | ||||||
| Free Cash Flow | 200.34M | 200.18M | 443.43M | 601.16M | 186.60M | 39.86M |
| Operating Cash Flow | 320.69M | 320.69M | 562.88M | 827.37M | 295.96M | 98.74M |
| Investing Cash Flow | -117.16M | -116.43M | -113.28M | -223.34M | -109.37M | -57.38M |
| Financing Cash Flow | -211.40M | -212.68M | -410.48M | -603.43M | -180.07M | -46.07M |
Mongolia Energy Technical Analysis
Mongolia Energy 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% | |
58 Neutral | HK$11.51B | 18.20 | 6.76% | ― | -20.50% | -64.45% | |
46 Neutral | HK$139.21M | -0.08 | ― | ― | -38.71% | -193.94% | |
45 Neutral | HK$79.80M | -1.30 | -31.67% | ― | -20.97% | -213.53% | |
42 Neutral | HK$175.33M | -0.26 | ― | ― | -42.18% | -3.23% | |
41 Neutral | HK$285.53M | -0.50 | -48.57% | ― | 15.80% | 51.68% |
Mongolia Energy Corporate Events
Mongolia Energy Corporation has disclosed that its Mongolian subsidiary MoEnCo has lost a legal challenge in the Mongolian Administrative Court over a tax reassessment imposed by the country’s Tax Dispute Resolution Council. The court ruled in favour of the tax authority, leaving MoEnCo liable for reassessed taxes totaling MNT 412.3 billion (about HK$902.6 million) for the 2017–2020 period, a sizeable potential liability that could weigh on the group’s financial position and cash flows. The company expects a written judgment within about two weeks and is seeking legal advice on filing an appeal within the permitted time frame, while cautioning shareholders and potential investors about trading its shares amid the unresolved tax dispute and associated uncertainties.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation has renewed its logistics services framework with VVLJV for a further three-year term from 1 April 2026 to 31 March 2029, subject to approval by independent shareholders. The agreement, reached on normal commercial terms following arm’s length negotiations, is classified as a continuing connected transaction under Hong Kong listing rules because VVLJV is majority-owned by Vision Values, a company controlled by Mongolia Energy’s chairman and substantial shareholder, Mr. Lo. Given the high applicable percentage ratios, the deal requires reporting, announcement, annual review and independent shareholders’ approval, with an independent financial adviser appointed to advise investors directly, as no independent board committee can be formed due to overlapping directorships. A special general meeting will be convened for independent shareholders to vote by poll on the agreement and its annual caps, with certain directors and their associates abstaining, and a detailed circular is expected by 30 January 2026.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited, a Bermuda-incorporated company listed in Hong Kong, has announced changes to its board, appointing long-serving legal head Mr. Choi Man Yu, Frankie as a non-executive director and veteran banker Mr. Wei Chi Kuan Kenny as an independent non-executive director, effective 19 December 2025. The board says the appointments, made under its nomination and board diversity policies, will strengthen governance and oversight by adding deep legal and financial expertise, with Mr. Wei confirmed as independent under Hong Kong listing rules; both directors are subject to rotation and re-election and will receive annual fees based on their duties, a move expected to create a more balanced board structure and enhance supervisory functions for the group’s future development.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited has released an updated list of its board of directors and clarified their roles across key governance committees. The announcement confirms the composition of executive, non-executive and independent non-executive directors, and designates chairmen and members of the Audit, Remuneration and Nomination Committees, underscoring the company’s emphasis on corporate governance and board oversight for stakeholders.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited has provided an update on its action plan to address the disclaimer of opinion issued by its auditors for the fiscal year 2025. The company has made significant progress in settling its royalty tax obligations for 2022 and 2023, with five out of six installments paid. Additionally, the company is contesting a reassessment tax ruling for the years 2017 to 2020 in the Mongolian Administrative Court. Despite ongoing legal proceedings, Mongolia Energy is committed to resolving these issues and keeping stakeholders informed of developments.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited has announced a discloseable transaction involving the construction of a dust suppression wall at its Khushuut Coal Mine. The construction, initially delayed due to the trial operation of the Khushuut Intelligent Processing Plant, is now set to continue through the winter season with an amended contract. This amendment increases the total project cost to approximately HK$7,572,360. The transaction is subject to reporting and announcement requirements under the Hong Kong Stock Exchange Listing Rules due to the aggregated transaction value exceeding 5% of applicable percentage ratios.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited reported its interim results for the six months ending September 30, 2025, revealing a significant decline in revenue and an increase in losses compared to the previous year. The company faced a substantial loss before taxation, attributed to high finance costs, impairment losses, and changes in fair value on financial instruments, impacting its financial stability and market position.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited has announced a significant decline in its gross profit for the six months ending September 2025, primarily due to weak demand and falling prices for coking coal in China. The company’s financial performance is under further review, with the final results expected to be published on November 26, 2025, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited has announced a board meeting scheduled for November 26, 2025, to approve and publish the interim results for the six months ending September 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and operational strategies for the period.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
Mongolia Energy Corporation Limited has announced a projected significant decrease in total revenue for the six months ending September 2025, expecting it to not exceed HK$900 million, compared to HK$1,699.9 million in the same period the previous year. This decline is attributed to a global economic downturn and a slowdown in the steel market in China, leading to weak demand and falling prices for coking coal. The company is still finalizing its financial results, with further reviews and adjustments pending, and advises caution to shareholders and potential investors.
The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.