Jintai Energy Holdings Limited (2728) AI Stock Analysis

• Market Cap: HK$106.92M
• Dividend Yield: N/A
• Average Volume (3M): 3.13M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.41
• Revenue Growth: -0.55%
• EPS Growth: -340.00%
• Country: HK
• Employees: 92
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): >-0.01
• Shares Outstanding: 4,455,021,000
• 10 Day Avg. Volume: 6,378,000
• 30 Day Avg. Volume: 3,134,800
• PEG Ratio: 0.92
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 0.09
• P/FCF Ratio: 14.56
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: HK$0.03 ▼(-10.00% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues, negative profitability, and high leverage. Technical analysis provides some support with longer-term moving averages, but the valuation remains unattractive due to a negative P/E ratio and lack of dividend yield. The absence of earnings call data and corporate events does not influence the score.

Positive Factors

Business Model Strength

The diversified revenue streams from renewable energy projects and energy efficiency services provide a stable foundation for long-term growth and resilience against market fluctuations.

Market Position

Positioning in the clean energy sector aligns with global trends towards sustainability, potentially enhancing market share and competitive advantage over time.

Strategic Partnerships

Strategic partnerships with governmental and private entities can provide access to new markets and resources, supporting long-term growth and innovation in energy solutions.

Negative Factors

Declining Revenue Growth

Declining revenue growth indicates challenges in maintaining market share or product demand, potentially impacting long-term financial stability and investment attractiveness.

High Leverage

High leverage can limit financial flexibility and increase vulnerability to economic downturns, posing risks to long-term operational and financial health.

Negative Profitability

Negative profitability reflects operational inefficiencies and challenges in cost management, which can hinder reinvestment and growth opportunities over the long term.

Jintai Energy Holdings Limited Business Overview & Revenue Model

Company Description

Jintai Energy Holdings Limited (2728) is a company engaged in the energy sector, primarily focusing on the production and distribution of clean energy solutions. The company operates in various segments, including renewable energy generation, energy efficiency services, and the development of energy-related technologies. Jintai Energy aims to contribute to sustainable energy practices through innovative products and services that address the growing demand for cleaner energy sources.

How the Company Makes Money

Jintai Energy Holdings Limited generates revenue through multiple streams, including the sale of clean energy produced from its renewable energy projects, such as solar and wind power installations. The company also offers energy efficiency consultation services, helping businesses and municipalities optimize their energy usage, which further contributes to its earnings. Additionally, Jintai Energy may enter into strategic partnerships with governmental and private entities to develop energy infrastructure projects, providing further financial opportunities. The company’s revenue model is supported by long-term power purchase agreements (PPAs) that ensure a steady cash flow from its energy production facilities.

Jintai Energy Holdings Limited Financial Statement Overview

Summary

Jintai Energy Holdings Limited faces significant financial challenges, with declining revenues, negative profitability, and high leverage. The company's cash flow situation is also concerning, with substantial declines in free cash flow. These factors suggest a need for strategic adjustments to improve financial health and stability.

Income Statement

The company has experienced declining revenue growth, with a significant drop of 10.57% in the latest year. Profitability metrics such as gross profit margin and net profit margin are weak, with the latter being negative, indicating losses. EBIT and EBITDA margins are also negative, reflecting operational challenges.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 2.72, indicating significant leverage and potential financial risk. Return on equity is negative, suggesting the company is not generating returns for shareholders. The equity ratio is relatively low, pointing to a heavy reliance on debt financing.

Cash Flow

Cash flow analysis reveals a concerning decline in free cash flow growth by 78.54%. The operating cash flow to net income ratio is positive, but the free cash flow to net income ratio is zero, indicating cash flow issues relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.42B	1.28B	1.31B	150.29M	11.01B	14.08B
Gross Profit	23.81M	19.96M	24.37M	27.89M	428.83M	232.98M
EBITDA	-1.60M	-7.12M	5.63M	-25.46M	170.54M	362.03M
Net Income	-15.79M	-22.60M	-24.26M	-31.91M	94.30M	321.80M
Balance Sheet
Total Assets	336.77M	324.20M	304.73M	520.66M	1.03B	1.73B
Cash, Cash Equivalents and Short-Term Investments	291.93M	25.24M	25.23M	49.24M	55.68M	116.71M
Total Debt	168.09M	164.40M	181.21M	61.90M	455.29M	462.30M
Total Liabilities	272.54M	257.19M	218.94M	419.40M	866.62M	1.67B
Stockholders Equity	57.32M	59.88M	84.75M	114.03M	190.59M	63.83M
Cash Flow
Free Cash Flow	-17.07M	7.96M	-278.22M	647.92M	-100.70M	303.60M
Operating Cash Flow	-17.01M	8.03M	-277.94M	649.39M	-97.13M	305.81M
Investing Cash Flow	1.10M	589.00K	259.14M	-375.66M	-2.07M	-112.00K
Financing Cash Flow	14.89M	2.50M	-3.24M	-271.71M	43.71M	-521.76M

Jintai Energy Holdings Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2728, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 5.82 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2728.

Jintai Energy Holdings Limited 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%
2337	55 Neutral	HK$636.65M	17.45	7.01%	2.35%	-13.08%	-43.83%
0931	49 Neutral	HK$4.16B	-31.11	-40.82%	―	23.08%	23.40%
2728	45 Neutral	HK$106.92M	-6.67	-25.25%	―	-0.55%	-340.00%
0332	40 Underperform	HK$117.82M	-0.06	―	―	-76.52%	-630.18%

Jintai Energy Holdings Limited Corporate Events

Jintai Energy Announces Board Changes

Jintai Energy Holdings Limited has announced the resignation of Mr. Jiang Hao as an independent non-executive director and member of several committees, effective October 28, 2025, due to his other business commitments. The company has appointed Ms. Bai Jie as the new member of the Audit Committee, replacing Mr. Jiang, and expressed appreciation for Mr. Jiang’s contributions while welcoming Ms. Bai to her new role.

Jintai Energy Announces Board Composition and Roles

Jintai Energy Holdings Limited has announced the composition of its board of directors, highlighting the roles and functions of each member. The board includes executive, non-executive, and independent non-executive directors, with specific members assigned to the audit, nomination, and remuneration committees. This announcement provides clarity on the governance structure, which could impact the company’s strategic direction and stakeholder confidence.

Jintai Energy Announces Change in Company Secretary

Jintai Energy Holdings Limited has announced a change in its company secretary and authorised representative roles. Effective 27 October 2025, Mr. Yip Sing has resigned from these positions, and Mr. Chan Chun Hin has been appointed as his successor. Mr. Chan brings extensive experience in corporate governance, compliance, auditing, accounting, and corporate finance, which is expected to support the company’s operations and compliance with regulatory requirements. The board expressed gratitude to Mr. Yip for his contributions and welcomed Mr. Chan to his new role.

Jintai Energy Announces Resignation of Non-Executive Director

Jintai Energy Holdings Limited announced the resignation of Mr. Chen Yunwei as a non-executive director, effective October 17, 2025, as he wishes to focus on other business engagements. The company expressed gratitude for Mr. Chen’s contributions and confirmed that there are no disagreements or issues related to his departure that need to be addressed with shareholders or the stock exchange.

Jintai Energy Announces Board Composition and Roles

Jintai Energy Holdings Limited has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement provides clarity on the leadership structure, which is crucial for stakeholders to understand the company’s governance and decision-making processes.

Jintai Energy Announces Leadership Restructuring

Jintai Energy Holdings Limited, a company incorporated in the Cayman Islands, has announced significant changes in its leadership structure effective from October 14, 2025. Ms. Yan Jiehua has resigned from her roles as executive Director and CEO, while Mr. Yuan Hongbing has stepped down as Chairman of the Board but will continue as a non-executive Director and Vice-Chairman. Mr. Han Jinfeng has been appointed as the new Chairman and Mr. Chen Jinle as the new CEO. These changes are part of the company’s strategic realignment and are expected to influence its operational dynamics and governance.

Jintai Energy Announces Board Composition and Roles

Jintai Energy Holdings Limited has announced the composition of its board of directors and their respective roles and functions. The board includes executive directors, a non-executive director, and independent non-executive directors, with specific members assigned to the audit, nomination, and remuneration committees. This announcement provides clarity on the governance structure and may impact the company’s strategic direction and stakeholder confidence.

Jintai Energy Appoints New Independent Director

Jintai Energy Holdings Limited has announced the appointment of Ms. Bai Jie as an independent non-executive director and a member of the remuneration committee, effective from September 8, 2025. Ms. Bai brings a diverse background in finance and business management, with previous roles in technology and petroleum sectors, enhancing the company’s governance and strategic oversight capabilities.