SPT Energy Group (1251) AI Stock Analysis

• Market Cap: $383.01M
• Dividend Yield: N/A
• Average Volume (3M): 1.19M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: -10.89%
• EPS Growth: -335.83%
• Country: HK
• Employees: 3,985
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Oil & Gas Integrated
• EPS (TTM): -0.03
• Shares Outstanding: 1,954,136,000
• 10 Day Avg. Volume: 1,162,400
• 30 Day Avg. Volume: 1,186,400
• PEG Ratio: <0.01
• Price to Book (P/B): 0.22
• Price to Sales (P/S): 0.14
• P/FCF Ratio: 55.22
• Enterprise Value/Market Cap: 1.89
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 0.81
• Enterprise Value/Ebitda: -6.24
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is heavily influenced by significant financial challenges, including declining revenues and profitability, and weak cash flow generation. Technical analysis indicates bearish momentum with oversold conditions, and valuation metrics are poor with a negative P/E ratio and no dividend yield. These factors collectively suggest a high-risk investment with limited attractiveness.

SPT Energy Group Business Overview & Revenue Model

Company Description

SPT Energy Group Inc. is a leading provider of integrated energy services in the oil and gas industry, specializing in drilling, completion, and production services. The company operates primarily in China and has expanded its operations internationally, offering a range of services including drilling rigs, drilling fluid systems, and technical support. SPT Energy Group focuses on both onshore and offshore oil and gas exploration, catering to a diverse client base that includes national and international oil companies.

How the Company Makes Money

SPT Energy Group generates revenue primarily through its service contracts in the oil and gas sector. The company's key revenue streams include fees from drilling services, completion services, and production enhancement services. Additionally, it earns income from the sale of equipment and materials used in drilling operations. Significant partnerships with major oil companies and ongoing contracts for exploration and production services contribute to its earnings stability. The company also benefits from the growing demand for energy resources, which drives investment in oil and gas exploration and production activities.

SPT Energy Group Financial Statement Overview

Summary

SPT Energy Group is facing significant financial challenges, with declining revenues and profitability, moderate leverage, and weak cash flow generation. The negative trends in key financial metrics suggest operational inefficiencies and potential liquidity concerns.

Income Statement

The income statement shows a declining trend in revenue with a negative revenue growth rate of -9.65% in the latest year. The company has also experienced a significant drop in profitability, with a negative net profit margin of -15.12% and negative EBIT and EBITDA margins. This indicates operational challenges and declining profitability.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 0.64. However, the return on equity is negative at -25.06%, indicating inefficiencies in generating returns on shareholder investments. The equity ratio is not provided, but the overall financial stability appears to be under pressure.

Cash Flow

Cash flow analysis reveals a concerning decline in free cash flow growth at -151.25%. The operating cash flow to net income ratio is low at 0.0186, suggesting challenges in converting income into cash. The free cash flow to net income ratio is positive but low, indicating limited cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.67B	1.69B	1.95B	1.77B	1.59B	1.29B
Gross Profit	892.29M	1.14B	1.10B	1.10B	957.79M	721.00M
EBITDA	-116.14M	-163.60M	120.46M	127.86M	98.10M	16.84M
Net Income	-241.43M	-256.23M	16.75M	13.24M	8.79M	-91.19M
Balance Sheet
Total Assets	2.27B	2.51B	2.91B	2.88B	2.79B	2.70B
Cash, Cash Equivalents and Short-Term Investments	296.49M	389.23M	355.29M	343.24M	430.33M	386.29M
Total Debt	646.68M	656.75M	517.64M	570.64M	641.89M	556.21M
Total Liabilities	1.32B	1.51B	1.63B	1.66B	1.58B	1.47B
Stockholders Equity	976.39M	1.02B	1.30B	1.23B	1.19B	1.21B
Cash Flow
Free Cash Flow	26.65M	4.15M	88.37M	-19.87M	744.00K	-271.00M
Operating Cash Flow	45.98M	26.38M	142.10M	4.61M	12.67M	-162.36M
Investing Cash Flow	-15.26M	-32.71M	-60.91M	-10.99M	8.28M	-131.77M
Financing Cash Flow	-17.70M	98.06M	-58.34M	-86.18M	21.55M	43.24M

SPT Energy Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1251, the sentiment is Negative. The current price of 0.13 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.23, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 10.32 is Positive, neither overbought nor oversold. The STOCH value of 8.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1251.

SPT Energy Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0857	73 Outperform	$1.86T	8.94	―	5.91%	-6.92%	-2.57%
0386	67 Neutral	$693.46B	13.25	4.35%	5.62%	-10.02%	-27.89%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
0346	53 Neutral	HK$418.04M	7.95	4.17%	―	-32.19%	-70.01%
0228	49 Neutral	HK$407.54M	90.54	0.25%	―	-23.19%	-94.80%
0931	44 Neutral	HK$3.38B	-28.44	-80.73%	―	57.62%	32.20%
1251	39 Underperform	$383.01M	-1.46	―	―	-10.89%	-335.83%

SPT Energy Group Corporate Events

SPT Energy Group Engages in Strategic Finance Lease Agreement

SPT Energy Group Inc. announced that its subsidiary, Petrotech (Xinjiang) Engineering Co., Ltd, entered into a finance lease agreement with Zhongguancun Science-Tech. The agreement involves selling oil and gas drilling equipment for RMB14,000,000 and leasing it back for 36 months, with total lease payments amounting to RMB15,578,693. This transaction, along with previous finance lease arrangements, constitutes a discloseable transaction under Hong Kong Stock Exchange rules, indicating a strategic move to manage assets and finances effectively.

The most recent analyst rating on (HK:1251) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SPT Energy Group stock, see the HK:1251 Stock Forecast page.

SPT Energy Group Partners with Pioneer Oil for Indonesian Oil and Gas Exploration

SPT Energy Group Inc.’s subsidiary, CNG, has entered into an Operation Cooperation Agreement with Pioneer Oil Indonesia to explore and develop oil and gas fields in the Jabung Tengah Block, Indonesia. This agreement, which involves a $200 million investment from POI, aims to leverage both companies’ resources and expertise to expedite exploration and exploitation activities, with a profit-sharing arrangement set at 50:50 if successful.

The most recent analyst rating on (HK:1251) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SPT Energy Group stock, see the HK:1251 Stock Forecast page.

SPT Energy Group’s Subsidiary Enters Finance Lease Agreement

SPT Energy Group Inc. announced that its subsidiary, Sinopetroleum Technology Inc., has entered into a finance lease agreement involving the sale and leaseback of oil and gas drilling equipment. This transaction, valued at RMB19,523,024, is part of a series of finance lease arrangements that are considered discloseable transactions under the Hong Kong Stock Exchange’s listing rules, indicating a strategic move to optimize asset utilization and financial structuring.

The most recent analyst rating on (HK:1251) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SPT Energy Group stock, see the HK:1251 Stock Forecast page.

SPT Energy Group Announces Board and Committee Roles

SPT Energy Group Inc. has announced the composition of its board of directors and the roles within its committees. The board includes a mix of executive, non-executive, and independent non-executive directors, with Mr. Ethan Wu serving as the Chairman and CEO. The establishment of the audit, remuneration, and nomination committees, each with designated chairpersons and members, reflects the company’s structured approach to governance. This announcement underscores SPT Energy Group’s commitment to maintaining a robust corporate governance framework, potentially enhancing its operational efficiency and stakeholder confidence.

The most recent analyst rating on (HK:1251) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SPT Energy Group stock, see the HK:1251 Stock Forecast page.

SPT Energy Group Reports Reduced Losses Amid Revenue Decline

SPT Energy Group Inc. reported a revenue of RMB747.2 million for the first half of 2025, marking a 2.9% decrease compared to the previous year. Despite the drop in revenue, the company managed to reduce its losses to RMB47.9 million, down from RMB62.7 million in the same period last year. The company did not propose any interim dividend for this period, reflecting its cautious approach in managing financial resources amid a challenging market environment.

The most recent analyst rating on (HK:1251) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SPT Energy Group stock, see the HK:1251 Stock Forecast page.

SPT Energy Group Inc. Successfully Concludes Annual General Meeting

SPT Energy Group Inc. held its Annual General Meeting on August 26, 2025, where all proposed resolutions were passed unanimously. Key resolutions included the adoption of financial statements, re-election of directors, and the appointment of CCTH CPA Limited as the company’s auditor. The meeting also granted the board of directors the authority to issue and repurchase shares, reflecting strong shareholder confidence and potentially enhancing the company’s strategic flexibility.

The most recent analyst rating on (HK:1251) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SPT Energy Group stock, see the HK:1251 Stock Forecast page.

SPT Energy Group Announces CFO Transition

SPT Energy Group Inc. has announced a change in its executive team with the resignation of Mr. Li Qiang as Chief Financial Officer, effective August 26, 2025, due to work re-arrangement. Mr. Li will continue as an executive director, ensuring continuity in leadership. Ms. Tong Jiali, with over 20 years of financial management experience, has been appointed as the new CFO. This transition is expected to bring fresh perspectives to the company’s financial strategies, potentially impacting its market positioning positively.

The most recent analyst rating on (HK:1251) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SPT Energy Group stock, see the HK:1251 Stock Forecast page.