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JX Energy Ltd. (HK:3395)
:3395
Hong Kong Market
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JX Energy Ltd. (3395) AI Stock Analysis

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HK:3395

JX Energy Ltd.

(3395)

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Underperform 37 (OpenAI - 4o)
Rating:37Underperform
Price Target:
HK$0.21
▼(-5.45% Downside)
JX Energy Ltd. is currently facing significant financial and technical challenges. The company's financial performance is weak, with negative profitability and cash flow issues. Technical analysis indicates a bearish trend with weak market momentum. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.
Positive Factors
Strategic Partnerships
Strategic partnerships enhance financial performance by allowing cost-sharing in exploration projects and providing access to new markets, which can lead to long-term revenue growth and market expansion.
Comprehensive Business Model
A comprehensive business model across the energy value chain provides diversification and resilience against sector volatility, supporting long-term stability and growth.
Revenue Diversification
Diversified revenue streams from various segments reduce dependency on a single source, enhancing financial resilience and supporting sustainable growth.
Negative Factors
Negative Profitability
Negative profitability indicates operational inefficiencies and challenges in cost management, which can hinder long-term financial health and growth potential.
High Financial Leverage
High financial leverage and negative equity suggest significant financial risk, potentially limiting the company's ability to invest in growth opportunities and increasing solvency concerns.
Cash Flow Challenges
Negative cash flows indicate liquidity issues, which can constrain operational flexibility and investment in growth initiatives, impacting long-term sustainability.

JX Energy Ltd. (3395) vs. iShares MSCI Hong Kong ETF (EWH)

JX Energy Ltd. Business Overview & Revenue Model

Company DescriptionJX Energy Ltd., an exploration and development company, engages in the exploration and development of natural gas and crude oil in Alberta, Canada. The company owns interests in the Alberta Foothills liquids-rich natural gas properties; and the Peace River light oil properties in Dawson area. As of December 31, 2021, it had approximately 50,000 net acres of land in the Western Canadian Sedimentary Basin; 5,092 thousand barrels of oil equivalent (Mboe) of net proved reserves; and 6,937 Mboe of net proved plus probable reserves. The company was formerly known as Persta Resources Inc. and changed its name to JX Energy Ltd. in June 2022. JX Energy Ltd. was incorporated in 2005 and is headquartered in Calgary, Canada.
How the Company Makes MoneyJX Energy Ltd. generates revenue through multiple streams: primarily from the sale of crude oil and natural gas extracted during its exploration and production activities. The company also earns revenue from refining operations, where it processes crude oil into finished products such as gasoline, diesel, and jet fuel. Additionally, JX Energy benefits from transportation and storage services in its midstream operations, charging fees for the movement and storage of hydrocarbons. Strategic partnerships with other energy firms and government contracts also play a pivotal role in enhancing its financial performance, allowing for cost-sharing in exploration projects and access to new markets.

JX Energy Ltd. Financial Statement Overview

Summary
JX Energy Ltd. is facing substantial financial difficulties across all financial statement verticals. The company is struggling with profitability, high leverage, and cash flow challenges. These factors collectively indicate a need for strategic restructuring to improve financial health and stability.
Income Statement
20
Very Negative
JX Energy Ltd. has experienced significant challenges in its income statement. The company shows negative gross profit and net profit margins, indicating that it is not currently profitable. Although there is a positive revenue growth rate in the TTM period, the overall financial health is concerning due to consistent losses and negative EBIT and EBITDA margins.
Balance Sheet
15
Very Negative
The balance sheet reveals a precarious financial position with negative stockholders' equity, resulting in negative debt-to-equity ratios. This suggests high financial risk and potential solvency issues. The return on equity is positive but misleading due to negative equity, and the equity ratio is not favorable.
Cash Flow
25
Negative
Cash flow analysis shows negative operating and free cash flows, with a significant decline in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash flow issues. However, the free cash flow to net income ratio is positive, suggesting some ability to cover net losses with free cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue6.41M4.97M13.54M26.95M21.47M13.28M
Gross Profit-10.40M-10.09M-6.83M16.20M13.23M6.95M
EBITDA-11.53M-10.85M-13.25M5.85M4.95M-12.24M
Net Income-21.88M-20.27M-21.15M-4.34M-4.87M-35.75M
Balance Sheet
Total Assets21.92M25.89M35.51M52.40M52.98M44.67M
Cash, Cash Equivalents and Short-Term Investments501.05K211.49K363.31K333.23K587.93K1.07M
Total Debt19.18M16.27M16.07M19.87M27.80M28.31M
Total Liabilities51.47M47.35M41.01M43.72M47.97M39.51M
Stockholders Equity-29.55M-21.46M-5.50M8.68M5.01M5.16M
Cash Flow
Free Cash Flow-1.22M-3.30M323.72K1.58M-2.63M-4.78M
Operating Cash Flow-349.66K-2.74M4.10M13.28M2.26M-4.61M
Investing Cash Flow-874.00K1.33M-3.65M-11.69M-4.89M392.77K
Financing Cash Flow1.16M1.26M-416.51K-1.84M2.15M4.23M

JX Energy Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.22
Price Trends
50DMA
0.30
Negative
100DMA
0.35
Negative
200DMA
0.26
Negative
Market Momentum
MACD
-0.03
Positive
RSI
22.79
Positive
STOCH
3.03
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3395, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.30, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 22.79 is Positive, neither overbought nor oversold. The STOCH value of 3.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3395.

JX Energy Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
€998.92B7.0417.50%6.35%-9.81%-8.84%
68
Neutral
HK$345.78M1.3522.21%-5.34%400.80%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
45
Neutral
HK$124.74M-25.25%-0.55%-340.00%
40
Underperform
$1.18B-1.71-35.49%39.42%56.89%
39
Underperform
€108.17M-0.27-18.76%-76.89%
37
Underperform
HK$187.89M-1.33-9.85%20.71%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3395
JX Energy Ltd.
0.21
0.03
16.67%
HK:0451
GCL New Energy Holdings
0.77
0.31
67.39%
HK:0883
CNOOC Limited
21.90
5.42
32.88%
HK:1555
MIE Holdings Corp.
0.03
<0.01
42.86%
HK:2728
Jintai Energy Holdings Limited
0.03
0.00
0.00%
HK:0353
Energy International Investments Holdings Ltd
0.32
-0.16
-33.33%

JX Energy Ltd. Corporate Events

JX Energy Ltd. Announces New Share Issuance to Raise Capital
Oct 12, 2025

JX Energy Ltd. announced a proposed issue of new shares under a general mandate, agreeing to allot and issue 11,161,639 subscription shares at a price of HK$0.31 per share. This move is expected to raise approximately C$620,000 in gross proceeds, with the net proceeds intended for strategic purposes as outlined by the company. The subscription represents a slight dilution of the company’s share capital, but it is positioned to provide additional resources for its operations. The subscription price reflects a discount to recent trading prices, which could impact shareholder value and market perception.

The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page.

JX Energy Ltd. Announces New Share Issuance Under General Mandate
Sep 5, 2025

JX Energy Ltd. has announced a proposed issue of new shares under a general mandate, with a Subscription Agreement entered into on September 5, 2025. The company plans to issue 12,891,250 new shares at a price of HK$0.33 per share, representing a discount to recent trading prices. This issuance will result in gross proceeds of approximately C$750,000, with net proceeds intended for specific purposes outlined by the company. The new shares will account for about 2.20% of the company’s current issued share capital, and an application for listing these shares on the Stock Exchange will be made. The completion of this subscription is conditional, and stakeholders are advised to exercise caution.

The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page.

JX Energy Ltd. Issues Clarification on Typographical Error in Share Issuance Announcement
Sep 4, 2025

JX Energy Ltd., a company incorporated in Alberta, has issued a clarification regarding a typographical error in previous announcements related to the issuance of new shares to Ms. Lin, Hao Yue. The error pertained to the incorrect representation of Ms. Lin’s Chinese name, which has now been corrected. All other details in the previous announcements remain unchanged.

The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page.

JX Energy Ltd. Updates on Key Gas Handling Agreements
Aug 26, 2025

JX Energy Ltd. has supplemented its Annual Report 2024 with details about its continuing connected transactions, particularly the gas handling and compression agreements with Jixing Energy (Canada) Ltd. These agreements, which involve transporting natural gas from the Voyager area, entail significant monthly handling charges and are crucial for JX Energy’s operational logistics. The agreements reflect the company’s strategic partnerships and financial commitments, impacting its operational costs and potentially influencing its market positioning.

The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page.

JX Energy Ltd. Releases Unaudited Interim Financial Results
Aug 14, 2025

JX Energy Ltd. has announced its unaudited financial results for the three and six months ending June 30, 2025. The results were reviewed by the Board and its Audit and Risk Committee, though not audited by an independent auditor. This announcement follows the rules of the Hong Kong Stock Exchange, where the company is listed. The release of these interim results provides stakeholders with insights into the company’s financial performance during the specified period, although the lack of an auditor review may affect the perceived reliability of the financial data.

JX Energy Ltd. Announces New Share Issue Under General Mandate
Aug 14, 2025

JX Energy Ltd., a company incorporated in Alberta, has announced a proposed issue of new shares under a general mandate. The company has entered into a Subscription Agreement to issue 7,775,884 shares at a price of HK$0.436 each, representing a 1.33% increase in its issued share capital. The subscription price reflects a 3.81% premium over the closing price on the agreement date. The gross proceeds are expected to be approximately C$594,139, with net proceeds intended for specific applications as outlined by the company. The completion of this subscription is subject to certain conditions, and the company plans to seek listing approval for these shares on the Stock Exchange.

JX Energy Ltd. Schedules Board Meeting to Approve Interim Results
Aug 4, 2025

JX Energy Ltd. has announced a board meeting scheduled for August 13, 2025, in Calgary, Canada, to approve the interim results for the first half of 2025 and consider the recommendation for an interim dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market position and stakeholder interests.

JX Energy Ltd. Advances Natural Gas Power Project
Jul 24, 2025

JX Energy Ltd. has announced the initiation of the engineering, procurement, and construction phase for its 9.6MW natural gas power plant project in Alberta. This move is strategic to maintain project momentum despite pending regulatory permits. The estimated cost for this phase is approximately C$5.84 million, with funding expected through equity financing, subject to further approvals. This project aims to address the rising electricity demand in Alberta, potentially enhancing the company’s market position.

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.

Disclaimer

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.Date of analysis: Dec 02, 2025