White Energy Company Limited (WEC) AI Stock Analysis

• Market Cap: $10.91M
• Dividend Yield: N/A
• Average Volume (3M): 1.87K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.21
• Revenue Growth: N/A
• EPS Growth: -57.51%
• Country: AU
• Employees: 75
• Sector: Energy
• Sector Strength: 52
• Industry: Coal
• EPS (TTM): >-0.01
• Shares Outstanding: 311,619,900
• 10 Day Avg. Volume: 3,835
• 30 Day Avg. Volume: 1,866
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: -0.12
• Enterprise Value/Revenue: -16.13
• Enterprise Value/Gross Profit: -28.05
• Enterprise Value/Ebitda: 0.30
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The overall stock score of White Energy is significantly impacted by its poor financial performance, which presents high insolvency risks and operational inefficiencies. The technical analysis indicates a bearish market sentiment, and the negative valuation metrics further underscore the challenges facing the company.

White Energy Company Limited Business Overview & Revenue Model

Company Description

White Energy Company Limited (WEC) is an energy-focused company primarily engaged in the production and sale of clean coal technologies and products. The company operates in the energy sector and is committed to enhancing the efficiency and environmental performance of coal by deploying innovative technologies that reduce emissions and improve energy output. WEC's core products and services include the development and commercialization of coal upgrading technologies, particularly their flagship Binderless Coal Briquetting (BCB) process.

How the Company Makes Money

White Energy Company Limited makes money through the commercialization of its coal upgrading technologies, primarily the Binderless Coal Briquetting (BCB) process. This technology enhances the calorific value of lower-grade coals, making them more efficient and environmentally friendly for power generation. WEC earns revenue by licensing its BCB technology to coal producers and power generators, as well as through direct sales of upgraded coal products. Additionally, the company may engage in joint ventures or partnerships with other energy firms to expand the reach of its technologies and products, thereby contributing to its earnings.

White Energy Company Limited Financial Statement Overview

Summary

White Energy Company Limited is facing significant financial challenges across all key areas. It struggles with negative profitability margins, high leverage, and poor cash generation. The company's financial health is under considerable strain, with risks of insolvency and operational inefficiencies that may impact its future sustainability.

Income Statement

White Energy Company Limited shows significant negative net income and declining revenue over the past years, indicating challenges in profitability. Despite a slight improvement in gross profit margin, the EBIT and EBITDA margins are deeply negative, reflecting operational inefficiencies. Revenue growth is also negative, indicating a contraction in sales.

Balance Sheet

The company's balance sheet is under pressure with high leverage, as indicated by a negative stockholders' equity and a high debt-to-equity ratio. The equity ratio is negative, suggesting insolvency risk. These factors point to financial instability, with liabilities far exceeding assets, which is a concern for potential investors.

Cash Flow

White Energy faces cash flow challenges with persistent negative operating and free cash flows. While there has been some improvement in free cash flow growth, the company's ability to generate cash from operations is weak, leading to a reliance on financing activities to support operations. The negative free cash flow to net income ratio highlights ongoing cash constraints.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	89.00K	106.00K	90.00K	24.00K	215.00K
Gross Profit	64.00K	-1.98M	71.00K	-62.00K	-1.90M
EBITDA	-1.75M	-4.12M	-3.88M	-15.07M	-4.15M
Net Income	-6.23M	-6.21M	-5.80M	-17.91M	-7.59M
Balance Sheet
Total Assets	13.27M	10.20M	11.71M	17.06M	44.73M
Cash, Cash Equivalents and Short-Term Investments	5.64M	772.00K	434.00K	2.22M	9.99M
Total Debt	51.87M	33.85M	32.69M	30.02M	32.47M
Total Liabilities	54.29M	54.07M	50.39M	44.03M	97.89M
Stockholders Equity	-2.51M	-4.97M	-3.34M	3.10M	16.46M
Cash Flow
Free Cash Flow	-5.13M	-3.95M	-3.04M	-10.93M	-10.47M
Operating Cash Flow	-3.64M	-3.81M	-2.90M	-10.86M	-10.44M
Investing Cash Flow	-1.49M	-436.00K	903.00K	1.90M	-244.00K
Financing Cash Flow	7.99M	4.58M	212.00K	620.00K	16.11M

White Energy Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WEC, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.95 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WEC.

White Energy Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AJL	53 Neutral	AU$13.76M	-0.92	―	―	-8.48%	-2080.00%
WEC	41 Neutral	$10.91M	―	―	―	―	-57.51%
AUH	39 Underperform	AU$3.03M	―	―	―	―	-60.00%
JAL	38 Underperform	AU$78.18M	-52.38	―	―	―	50.00%
NCR	38 Underperform	AU$3.07M	-25.00	―	―	―	―
REY	33 Underperform	AU$5.71M	-0.58	―	―	―	-308.85%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

White Energy Company Limited Corporate Events

White Energy Advances Mineral Exploration and Coal Technology Initiatives

White Energy Company Limited has identified significant anomalous soil responses for copper, zinc, nickel, gold, and rare earth elements at the Tindal project, enhancing its exploration prospects. Additionally, the company is advancing its drilling program at the Specimen Hill Project and supporting its joint venture partner, Proterra, in promoting Binderless Coal Briquetting technology in South Africa, including the development of a demonstration plant.

White Energy Uncovers Promising Metal Anomalies in Tindal Project

White Energy Company Limited has identified significant geochemical soil anomalies over geophysical targets within its Tindal project in the McArthur Basin, Northern Territory, Australia. The discovery of anomalous concentrations of critical metals in the soil, including copper, zinc, nickel, and rare earth elements, suggests a high potential for buried metal deposits. This finding, based on structural interpretations of lithospheric scale geophysical data, could enhance the company’s positioning within the mining sector by expanding its resource base and potentially increasing its market value.