JX Energy Ltd. (3395) AI Stock Analysis

• Market Cap: HK$232.68M
• Dividend Yield: N/A
• Average Volume (3M): 8.80M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.71
• Revenue Growth: -61.42%
• EPS Growth: 22.39%
• Country: HK
• Employees: 3
• Sector: Energy
• Sector Strength: 51
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.04
• Shares Outstanding: 522,886,540
• 10 Day Avg. Volume: 2,841,100
• 30 Day Avg. Volume: 8,804,011
• PEG Ratio: -2.33
• Price to Book (P/B): -1.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.70
• 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: HK$1.00
• Price Target Upside: 127.27% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: HK$0.50 ▲(13.64%Upside)

JX Energy Ltd. is struggling with severe financial difficulties, which is the primary concern for the stock's performance. Although there is some short-term technical momentum, the negative valuation metrics due to ongoing losses do not support a positive outlook. The overall stock score reflects the significant financial risks and operational challenges faced by the company.

JX Energy Ltd. Business Overview & Revenue Model

Company Description

JX 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 Money

JX Energy Ltd. makes money through the sale of the oil and gas it extracts. The company's revenue model is based on the production and sale of these commodities to various markets, including domestic and international buyers. Key revenue streams include the direct sale of crude oil and natural gas to refineries and distribution companies, as well as potential partnerships with other energy companies for joint exploration and production ventures. Prices for oil and gas, set by global markets, significantly impact the company's earnings. Additionally, JX Energy may engage in hedging strategies to manage the risks associated with fluctuating commodity prices.

JX Energy Ltd. Financial Statement Overview

Summary

JX Energy Ltd. is experiencing severe financial difficulties. The income statement shows declining revenues and persistent losses, the balance sheet reveals a highly leveraged position with negative equity, and cash flow statements indicate severe cash constraints. The company must address operational inefficiencies and improve financial stability to avoid further deterioration.

Income Statement

JX Energy Ltd. is experiencing significant financial challenges. The company's revenue has declined sharply, and it has sustained negative gross and net profit margins. For the TTM, the gross profit margin is negative due to substantial costs exceeding revenue, and the net profit margin is also negative. Revenue has decreased significantly compared to previous years, indicating a concerning downward trend. The negative EBIT and EBITDA margins further highlight operational inefficiencies and ongoing financial distress.

Balance Sheet

The balance sheet reveals a weak financial position, with negative stockholders' equity indicating more liabilities than assets. The debt-to-equity ratio is not meaningful due to negative equity, but the high level of total debt suggests high leverage, posing significant financial risks. Return on equity is negative, reflecting ongoing losses. The negative equity ratio highlights a concerning lack of financial stability and reliance on debt.

Cash Flow

Cash flow analysis shows negative free cash flow growth, with the company continuing to spend more on capital expenditures than it generates from operations. The operating cash flow to net income ratio is negative, indicating operational cash is insufficient to cover net losses. The free cash flow to net income ratio is also negative, reinforcing the lack of cash flow coverage for ongoing losses. Despite some financing activities, cash flow remains a significant concern.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.97M	13.54M	26.95M	21.47M	13.28M
Gross Profit	-10.09M	-6.83M	16.20M	13.23M	6.95M
EBITDA	-10.85M	-13.25M	5.85M	4.95M	-12.24M
Net Income	-20.27M	-21.15M	-4.34M	-4.87M	-35.75M
Balance Sheet
Total Assets	25.89M	35.51M	52.40M	52.98M	44.67M
Cash, Cash Equivalents and Short-Term Investments	211.49K	363.31K	333.23K	587.93K	1.07M
Total Debt	16.27M	16.07M	19.87M	27.80M	28.31M
Total Liabilities	47.35M	41.01M	43.72M	47.97M	39.51M
Stockholders Equity	-21.46M	-5.50M	8.68M	5.01M	5.16M
Cash Flow
Free Cash Flow	-3.30M	323.72K	1.58M	-2.63M	-4.78M
Operating Cash Flow	-2.74M	4.10M	13.28M	2.26M	-4.61M
Investing Cash Flow	1.33M	-3.65M	-11.69M	-4.89M	392.77K
Financing Cash Flow	1.26M	-416.51K	-1.84M	2.15M	4.23M

JX Energy Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3395, the sentiment is Positive. The current price of 0.44 is above the 20-day moving average (MA) of 0.43, above the 50-day MA of 0.31, and above the 200-day MA of 0.19, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 53.20 is Neutral, neither overbought nor oversold. The STOCH value of 10.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3395.

JX Energy Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	52 Neutral	C$2.95B	-1.61	-3.48%	6.56%	3.05%	-49.39%
3395	41 Neutral	HK$232.68M	―		―	-61.42%	22.39%
SMTLF	―	$88.12M	―	-22.62%	―	―	―
NC2B	―	€101.27B	5.85	19.25%	0.42%	―	―
19MA	―		―		―	―	―
2728	―	HK$133.65M	17.33	-31.25%	―	―	―
0353	68 Neutral	HK$394.41M	1.54	22.57%	―	-63.59%	22.85%

JX Energy Ltd. Corporate Events

JX Energy Ltd. Advances Natural Gas Power Project

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.

JX Energy Ltd. Announces Successful Resolutions at Shareholder Meeting

JX Energy Ltd. announced the successful passing of all resolutions at its annual general and special meeting of shareholders held on June 30, 2025. The resolutions included the election and re-election of five directors and the re-appointment of Moore CPA Limited as auditors, reflecting stability and continuity in the company’s governance structure.

JX Energy Ltd. Announces 2025 Annual General Meeting

JX Energy Ltd. has announced its upcoming annual general and special meeting of shareholders, scheduled for June 30, 2025, in Calgary, Alberta. The meeting will address several key matters, including the presentation of audited financial statements for the year ended December 31, 2024, the election of directors, the appointment of auditors, and the consideration of resolutions related to share issuance and repurchase mandates. These decisions are significant for the company’s governance and strategic direction, potentially impacting its market operations and shareholder interests.

JX Energy Ltd. Releases Q1 2025 Unaudited Financial Results

JX Energy Ltd. has announced its unaudited condensed interim financial results for the first quarter of 2025. The results, which have been reviewed by the company’s Board and its Audit and Risk Committee, indicate the company’s ongoing financial performance. However, it is noted that these financial statements have not been reviewed by an independent auditor, as per the standards set by the Canadian Institute of Chartered Accountants.

JX Energy Ltd. Announces Convertible Debenture Agreement Update

JX Energy Ltd., a company incorporated in Alberta, has announced a supplemental agreement regarding its convertible debenture arrangement. The company plans to issue up to 42,028,438 Capitalization Shares to a lender at a price of HK$0.20 per share, which represents approximately 40.19% of the shares issuable under its General Mandate. This move will impact the company’s shareholding structure, increasing the lender’s stake to 16.67% while reducing the percentage held by other shareholders.

JX Energy Ltd. Schedules Board Meeting for Interim Results and Dividend Consideration

JX Energy Ltd. has announced a board meeting scheduled for May 14, 2025, in Calgary, Canada, to approve and publish its interim financial results for the first quarter of 2025 and consider the payment of an interim dividend. This meeting could impact the company’s financial strategy and shareholder returns, reflecting its ongoing operational and financial planning efforts.