MIE Holdings Corp. (1555) AI Stock Analysis

• Market Cap: €98.03M
• Dividend Yield: N/A
• Average Volume (3M): 2.82M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: -18.76%
• EPS Growth: -76.89%
• Country: HK
• Employees: 937
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.05
• Shares Outstanding: 3,386,525,400
• 10 Day Avg. Volume: 3,703,800
• 30 Day Avg. Volume: 2,815,200
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.03
• Price to Sales (P/S): 0.08
• P/FCF Ratio: 0.24
• 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: Moderate Sell
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: HK$0.03 ▼(-6.67% Downside)

The overall stock score is primarily driven by significant financial instability, including high debt levels and negative equity. Technical analysis indicates a bearish trend with no strong momentum, and valuation metrics are poor due to negative earnings. These factors collectively result in a low overall stock score.

Positive Factors

Operational Efficiency

Higher EBITDA and EBIT margins suggest that MIE Holdings is able to manage its operational costs effectively, which can support profitability even in challenging market conditions.

Strategic Partnerships

Strategic partnerships allow MIE Holdings to share investment risks and access new technologies and markets, enhancing long-term revenue potential and operational capabilities.

Cash Generation Ability

Positive operating cash flow in previous years indicates the company's ability to generate cash internally, which is crucial for sustaining operations and funding future growth.

Negative Factors

High Debt Levels

High debt levels can strain financial resources, limit flexibility, and increase vulnerability to economic downturns, posing risks to long-term stability.

Negative Equity Position

Negative equity indicates that liabilities exceed assets, which can undermine investor confidence and limit the company's ability to secure additional financing.

Declining Revenue Trends

Declining revenues reflect challenges in maintaining market share and competitive positioning, potentially impacting long-term growth prospects.

MIE Holdings Corp. Business Overview & Revenue Model

Company Description

MIE Holdings Corporation, together with its subsidiaries, primarily explores, develops, produces, and sells crude oil and other petroleum products under production sharing contracts. It holds interest in two producing production oil sharing contracts in northeast China; and participating interests in an exploration contract and six production contracts in Kazakhstan. The company was founded in 2001 and is based in Wan Chai, Hong Kong.

How the Company Makes Money

MIE Holdings Corp. generates revenue primarily through the exploration and production of oil and gas resources. The company earns money by selling crude oil and natural gas, which are key commodities in the energy market. Additionally, MIE Holdings may engage in joint ventures and partnerships with other companies in the energy sector, allowing for shared investment and reduced operational risks. These collaborations can also provide access to new technologies and markets, further enhancing revenue potential. The company may also have revenue streams from investments in other natural resource projects, contributing to its overall financial performance.

MIE Holdings Corp. Financial Statement Overview

Summary

MIE Holdings Corp. faces significant financial challenges, with declining revenues, persistent net losses, high debt levels, and negative equity. While there are some operational efficiencies, as shown by EBIT and EBITDA margins, the overall financial health is unstable, with cash flow issues further complicating the outlook.

Income Statement

The company has experienced volatile revenue trends with a decline from 2022 to 2024. The gross profit and net profit margins are inconsistent, with significant losses in recent years, particularly in 2024. EBITDA and EBIT margins have been relatively higher, indicating operational efficiency, but overall profitability is a concern.

Balance Sheet

The company has a negative equity position, indicating that liabilities exceed assets significantly. The debt-to-equity ratio cannot be calculated due to negative equity, but high total debt levels suggest a highly leveraged position, posing financial stability risks.

Cash Flow

Free cash flow has shown growth in previous years but is absent in 2024, indicating potential cash flow management issues. Operating cash flow was positive in prior years, suggesting the ability to generate cash internally, but the lack of data in 2024 raises concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	801.95M	897.54M	1.04B	1.43B	1.02B	572.47M
Gross Profit	598.58M	321.31M	819.60M	787.94M	491.11M	191.19M
EBITDA	529.01M	563.74M	639.06M	935.47M	800.93M	-293.06M
Net Income	-366.89M	-328.96M	-157.53M	2.38B	-338.36M	-1.35B
Balance Sheet
Total Assets	1.27B	1.38B	1.73B	2.43B	2.26B	1.69B
Cash, Cash Equivalents and Short-Term Investments	51.86M	71.88M	62.91M	120.34M	36.49M	20.35M
Total Debt	3.01B	2.92B	2.77B	3.06B	3.60B	3.70B
Total Liabilities	3.67B	3.65B	3.63B	4.15B	6.24B	5.46B
Stockholders Equity	-2.41B	-2.27B	-1.90B	-1.72B	-3.97B	-3.77B
Cash Flow
Free Cash Flow	151.57M	290.25M	213.31M	313.50M	39.02M	21.00M
Operating Cash Flow	237.91M	493.67M	514.96M	798.13M	489.93M	186.85M
Investing Cash Flow	-122.58M	-255.86M	-298.00M	-494.81M	-463.78M	-159.65M
Financing Cash Flow	-110.87M	-220.51M	-282.30M	-224.21M	-8.73M	-20.38M

MIE Holdings Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1555, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.18 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1555.

MIE Holdings Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
2012	45 Neutral	$265.68M	-0.41	-113.92%	―	-92.37%	-49.00%
2728	45 Neutral	HK$106.92M	-6.67	-25.25%	―	-0.55%	-340.00%
3395	41 Neutral	HK$153.70M	-1.01	―	―	-9.85%	20.71%
1555	39 Underperform	€98.03M	-0.25	―	―	-18.76%	-76.89%
0632	37 Underperform	HK$149.49M	-7.26	-8.65%	―	-2.17%	63.26%

MIE Holdings Corp. Corporate Events

MIE Holdings Reports Asset Impairment in 2024 Annual Update

MIE Holdings Corporation has announced supplementary information regarding its 2024 Annual Report, focusing on impairment losses on assets. The company conducted an impairment assessment of its cash-generating unit (CGU) at the Daan Oilfield, using a discounted cash flow model to estimate the present value of future cash flows. The assessment revealed impairment losses of approximately RMB93.4 million, attributed mainly to oil and gas properties. The valuation was based on key assumptions such as crude oil prices, production volumes, and discount rates, reflecting a shorter forecast period due to the impending expiration of the production sharing contract in 2028.