Mongolia Energy (HK:0276)
:0276
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Mongolia Energy
(0276)
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Rating:40Underperform
Price Target:
HK$0.48
▼(-35.81% Downside)
Action:DowngradedDate:04/01/26
The score is primarily held down by weak financial performance—declining profitability and a highly leveraged balance sheet with negative equity. Technicals are also unfavorable with a broad downtrend and negative momentum, only partially offset by oversold readings. Valuation offers limited support due to a negative P/E and no dividend information.
Positive Factors
Coking coal exposure
Exposure to coking coal ties Mongolia Energy’s product mix to structural steelmaking demand. Coking coal is a staple feedstock for steel production, providing a durable addressable market over months to years if the company can sustain production and maintain quality for metallurgical buyers.
Negative Factors
Declining revenue and profits
A steep multi-quarter revenue decline and negative net income erode scale economics and reduce coverage of fixed mining costs. Persisting top-line contraction impairs long-term margin recovery, increases unit costs, and constrains reinvestment without external funding or sustained price improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Coking coal exposure
Exposure to coking coal ties Mongolia Energy’s product mix to structural steelmaking demand. Coking coal is a staple feedstock for steel production, providing a durable addressable market over months to years if the company can sustain production and maintain quality for metallurgical buyers.
Read all positive factors
Mongolia Energy (0276) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$95.94M
Dividend YieldN/A
Average Volume (3M)505.59K
Price to Earnings (P/E)―
Beta (1Y)0.79
Revenue Growth-38.71%
EPS Growth-193.94%
CountryHK
Employees875
SectorBasic Materials
Sector Strength58
IndustryCoal
Share Statistics
EPS (TTM)-3.93
Shares Outstanding188,125,850
10 Day Avg. Volume754,933
30 Day Avg. Volume505,587
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.04
Price to Sales (P/S)0.04
P/FCF Ratio0.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mongolia Energy Business Overview & Revenue Model
Company Description
Mongolia Energy Corporation Limited, an investment holding company, engages in the coal mining, processing, and other resources related operations in the People's Republic of China and Mongolia. It sells coking and thermal coal. The company's prin...
How the Company Makes Money
The company primarily makes money by selling coal mined from its Mongolia-based operations to customers, generating revenue from delivered coal volumes at prevailing contract or market-linked prices. Key revenue drivers typically include: (1) sale...
Mongolia Energy Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
25
Negative
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.03B | 2.86B | 3.17B | 2.91B | 1.56B | 858.42M |
| Gross Profit | 292.73M | 851.17M | 1.18B | 1.09B | 600.09M | 301.70M |
| EBITDA | -942.34M | -452.03M | 2.93B | -688.09M | 317.24M | 2.36B |
| Net Income | -1.67B | -1.38B | 1.68B | -1.60B | -349.05M | 1.80B |
Balance Sheet | ||||||
| Total Assets | 2.48B | 3.08B | 4.22B | 2.80B | 3.62B | 3.54B |
| Cash, Cash Equivalents and Short-Term Investments | 222.93M | 134.81M | 128.70M | 111.86M | 114.66M | 108.33M |
| Total Debt | 4.84B | 5.44B | 5.26B | 5.97B | 5.67B | 5.49B |
| Total Liabilities | 7.29B | 7.15B | 6.90B | 7.14B | 6.33B | 5.93B |
| Stockholders Equity | -4.81B | -4.08B | -2.69B | -4.34B | -2.71B | -2.39B |
Cash Flow | ||||||
| Free Cash Flow | 147.35M | 200.18M | 443.43M | 601.16M | 186.60M | 39.86M |
| Operating Cash Flow | 247.84M | 320.69M | 562.88M | 827.37M | 295.96M | 98.74M |
| Investing Cash Flow | -96.02M | -116.43M | -113.28M | -223.34M | -109.37M | -57.38M |
| Financing Cash Flow | -67.64M | -212.68M | -410.48M | -603.43M | -180.07M | -46.07M |
Mongolia Energy Technical Analysis
Negative
0.74
Price Trends
0.66
Negative
0.71
Negative
0.69
Negative
Market Momentum
-0.05
Positive
32.70
Neutral
17.78
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0276, the sentiment is Negative. The current price of 0.74 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.66, and above the 200-day MA of 0.69, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 32.70 is Neutral, neither overbought nor oversold. The STOCH value of 17.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0276.
Mongolia Energy Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$17.79B | 11.60 | 10.90% | 9.92% | -2.79% | -39.45% | |
72 Outperform | HK$10.73B | -9.03 | 6.97% | ― | -20.50% | -64.45% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | HK$114.98M | -0.30 | -1.47% | ― | ― | ― | |
44 Neutral | HK$262.50M | -0.27 | -48.57% | ― | 15.80% | 51.68% | |
42 Neutral | HK$138.05M | -0.13 | ― | ― | -42.18% | -3.23% | |
40 Underperform | HK$95.94M | -0.04 | 37.69% | ― | -38.71% | -193.94% |
* Basic Materials Sector Average
HK:0276
Mongolia Energy
0.51
0.03
6.25%
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Feishang Anthracite Resources
0.10
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Mongolian Mining
10.35
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Hidili Industry International Development Limited
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Kinetic Mines & Energy Ltd.
2.11
1.11
111.00%
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Huscoke Holdings Limited
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0.04
47.78%
Mongolia Energy Corporate Events
Mongolia Energy Director Resigns Board Seat to Focus on Compliance Role
Mar 18, 2026
Mongolia Energy Corporation Limited announced that Mr. Choi Man Yu, Frankie has resigned as a non-executive director with immediate effect from 18 March 2026, choosing to focus on his role as the company’s head of legal and compliance. He in...
Mongolia Energy Updates Board Roles and Governance Structure
Mar 18, 2026
Mongolia Energy Corporation has released an updated list of its directors and their respective roles and functions on the board, detailing the composition of executive, non-executive and independent non-executive directors. The announcement clarif...
Mongolia Energy Settles Recent Tax Bill but Appeals Major Mongolian Reassessment
Mar 11, 2026
Mongolia Energy Corporation has provided an update on its action plan to address a disclaimer of audit opinion triggered by uncertainties over its ability to continue as a going concern. The company has been working to resolve significant Mongolia...
Mongolia Energy Faces Major Mongolian Tax Rulings and Fresh MNT 512.2 Billion Demand
Mar 3, 2026
Mongolia Energy Corporation has disclosed that its Mongolian subsidiary MoEnCo has received a written judgment from the Mongolian Administrative Court dismissing its challenge to a prior tax reassessment, confirming an earlier verbal ruling in fav...
Mongolia Energy Shareholders Clear Four-Year Logistics Services Framework
Feb 27, 2026
Mongolia Energy Corporation’s independent shareholders have approved a new logistics services framework agreement covering the period from 2026 to 2029. The agreement sets annual transaction caps of RMB250 million, RMB287 million and RMB330 ...
Mongolia Energy Calls Special Meeting to Approve Long-Term Logistics Deal
Jan 29, 2026
Mongolia Energy Corporation has called a special general meeting in Hong Kong on 27 February 2026 for shareholders to vote on approving a logistics services framework agreement with Xinjiang Yuanjian Hongye Logistics Co., Ltd., covering the provis...
Mongolia Energy Formalizes Governance Framework for Remuneration Committee
Jan 28, 2026
Mongolia Energy Corporation Limited has formalized the terms of reference for its Remuneration Committee, which is appointed by the board and must comprise a majority of independent non-executive directors, with an independent non-executive direct...
Mongolia Energy Faces MNT 412.3 Billion Tax Liability After Losing Mongolian Court Case
Jan 9, 2026
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 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.