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Henan JinMa Energy Co. Ltd. Class H (HK:6885)
:6885
Hong Kong Market
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Henan JinMa Energy Co. Ltd. Class H (6885) AI Stock Analysis

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HK:6885

Henan JinMa Energy Co. Ltd. Class H

(6885)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
HK$1.00
▼(-1.96% Downside)
Action:Reiterated
Date:05/06/26
The score is held down primarily by deteriorating profitability (recent losses and negative margins), higher leverage for a cyclical coal business, and volatile/negative recent free cash flow. Technical momentum is a partial offset (positive MACD and price above key moving averages), but elevated RSI/Stoch suggest the move may be stretched, while valuation support is limited due to negative earnings and no dividend data.
Positive Factors
Operating Cash Flow
Sustained positive operating cash flow in 2025 (~251M) shows the core coal operations still generate cash despite accounting losses. This provides a durable cash cushion to fund working capital and some capex, lowering immediate liquidity strain and supporting near-term operational continuity.
Negative Factors
Deteriorated Profitability
Negative gross and net margins signal structural cost or pricing pressure and a loss of operating leverage. Persistent unprofitability erodes retained earnings, hampers internal reinvestment, and makes earnings recovery dependent on commodity price or cost improvements rather than internal scalability.
Read all positive and negative factors
Positive Factors
Negative Factors
Operating Cash Flow
Sustained positive operating cash flow in 2025 (~251M) shows the core coal operations still generate cash despite accounting losses. This provides a durable cash cushion to fund working capital and some capex, lowering immediate liquidity strain and supporting near-term operational continuity.
Read all positive factors

Henan JinMa Energy Co. Ltd. Class H (6885) vs. iShares MSCI Hong Kong ETF (EWH)

Henan JinMa Energy Co. Ltd. Class H Business Overview & Revenue Model

Company Description
Henan JinMa Energy Co. Ltd. is a leading company in the energy sector, primarily engaged in the production and distribution of coal and related energy products. The company operates in various segments of the energy market, focusing on clean and e...

Henan JinMa Energy Co. Ltd. Class H Financial Statement Overview

Summary
Financial performance has weakened materially: margins turned negative (gross margin -0.8%, net margin -6.5%) with sizable losses in 2024–2025, leverage rose to ~1.23 debt-to-equity, and free cash flow flipped negative in 2025 (~-85M) despite still-positive operating cash flow.
Income Statement
22
Negative
Balance Sheet
46
Neutral
Cash Flow
39
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue8.12B11.60B12.07B12.45B7.40B
Gross Profit439.50M150.11M448.47M1.14B1.02B
EBITDA421.26M11.48M463.60M1.02B934.69M
Net Income-527.39M-345.89M22.32M421.95M486.52M
Balance Sheet
Total Assets9.08B11.22B12.53B11.23B8.53B
Cash, Cash Equivalents and Short-Term Investments601.74M725.40M2.05B1.98B594.95M
Total Debt3.20B3.37B4.15B3.24B1.81B
Total Liabilities5.49B6.88B7.69B6.50B4.22B
Stockholders Equity2.59B3.12B3.46B3.51B3.23B
Cash Flow
Free Cash Flow-84.76M579.88M-1.04B-726.90M-1.23B
Operating Cash Flow251.40M942.52M69.99M997.01M1.11B
Investing Cash Flow221.87M-722.97M-898.72M-1.83B-2.76B
Financing Cash Flow-726.32M-633.45M832.65M1.17B863.50M

Henan JinMa Energy Co. Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.02
Price Trends
50DMA
1.07
Positive
100DMA
1.09
Negative
200DMA
1.20
Negative
Market Momentum
MACD
<0.01
Positive
RSI
49.03
Neutral
STOCH
42.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6885, the sentiment is Negative. The current price of 1.02 is below the 20-day moving average (MA) of 1.09, below the 50-day MA of 1.07, and below the 200-day MA of 1.20, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.03 is Neutral, neither overbought nor oversold. The STOCH value of 42.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6885.

Henan JinMa Energy Co. Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
HK$154.61M-12.938.91%42.60%-67.94%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
61
Neutral
HK$483.72M-18.361.08%-44.01%-93.31%
47
Neutral
HK$578.25M-0.88-16.63%-29.90%-53.25%
45
Neutral
HK$276.32M-0.17-48.57%-10.83%1.54%
40
Underperform
HK$99.71M-0.0437.69%-38.71%-193.94%
39
Underperform
HK$117.35M-0.0816.00%-16.41%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6885
Henan JinMa Energy Co. Ltd. Class H
1.07
0.53
98.15%
HK:1738
Feishang Anthracite Resources
0.08
-0.02
-18.63%
HK:0276
Mongolia Energy
0.52
0.02
4.00%
HK:1393
Hidili Industry International Development Limited
0.06
>-0.01
-3.33%
HK:1229
Nan Nan Resources Enterprise Limited
0.20
-0.06
-22.31%
HK:1303
Huili Resources (Group) Limited
0.22
-0.06
-21.43%

Henan JinMa Energy Co. Ltd. Class H Corporate Events

Henan Jinma Energy Corrects AGM Proxy Form Time Without Affecting Validity
May 5, 2026
Henan Jinma Energy Company Limited has issued a clarification regarding a clerical error in the proxy form for its 2025 annual general meeting, correcting the stated convening time of the meeting to 11:00 a.m. on Wednesday, 20 May 2026. The compan...
Henan Jinma Energy Sets 2025 AGM, Drops Final Dividend and Embraces Hybrid Meetings
Apr 29, 2026
Henan Jinma Energy Company Limited has convened its 2025 annual general meeting for 20 May 2026 in Hong Kong, where shareholders will review board and supervisory committee reports, the audited 2025 financial statements, and the annual report. The...
Henan Jinma Energy to Amend Articles for Paperless Listing Compliance
Apr 29, 2026
Henan Jinma Energy Company Limited plans to amend its articles of association and the rules of procedures for shareholders&#8217; meetings to align with recent changes to Hong Kong&#8217;s listing rules on an expanded paperless listing regime and ...
Henan Jinma Energy Swings to Larger 2025 Loss on Impairments and Lower Revenue
Mar 25, 2026
Henan Jinma Energy Company Limited reported audited consolidated results for the year ended 31 December 2025, highlighting its role as a PRC-based energy producer and service provider listed in Hong Kong. The group operates through multiple subsid...
Henan Jinma Energy Flags Wider 2025 Loss on JV Impairment, Plans Short-Term Production Halt
Mar 20, 2026
Henan Jinma Energy Company Limited has warned that it expects to post a loss of about RMB527 million attributable to shareholders for 2025, widening from a RMB346 million loss a year earlier. The deterioration is mainly due to an impairment of app...
Henan Jinma Energy Sets March 2026 Board Meeting on 2025 Results and Dividend
Mar 9, 2026
Henan Jinma Energy Company Limited has scheduled a board meeting for 25 March 2026 to review and approve the audited annual results for the year ended 31 December 2025 and to authorize their publication on the company and Hong Kong Stock Exchange ...
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: May 06, 2026