White Energy Company Limited (AU:WEC)
ASX:WEC
Want to see AU:WEC full AI Analyst Report?
Top Page
White Energy Company Limited
(Sydney:WEC)
Select Model
Select Model
Rating:45Neutral
Price Target:
AU$0.20
▲(387.50% Upside)
Action:Reiterated
Date:06/03/26
The score is driven down primarily by weak financial performance (persistent losses, ongoing cash burn, and a stressed balance sheet with negative equity). Technicals provide partial support due to strong momentum above key moving averages and positive MACD, but the overbought RSI tempers that benefit. Valuation remains constrained by negative earnings and lack of a provided dividend yield.
Positive Factors
Patented Binderless Coal Briquetting (BCB) technology
Owning patented BCB technology provides a durable competitive advantage in upgrading low‑value, high‑moisture coal into higher‑energy, lower‑emission product. This IP supports licensing, JV opportunities and long‑term commercialisation with coal producers and utilities seeking efficiency and emissions improvements.
Negative Factors
Negative equity and rising debt
Negative equity and materially higher debt materially weaken financial flexibility and increase refinancing and covenant risk. A stressed capital structure constrains investment, raises funding costs, and can force dilutive or restrictive financing choices, limiting the firm's ability to scale or weather downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Patented Binderless Coal Briquetting (BCB) technology
Owning patented BCB technology provides a durable competitive advantage in upgrading low‑value, high‑moisture coal into higher‑energy, lower‑emission product. This IP supports licensing, JV opportunities and long‑term commercialisation with coal producers and utilities seeking efficiency and emissions improvements.
Read all positive factors
White Energy Company Limited (WEC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$86.08M
Dividend YieldN/A
Average Volume (3M)37.62K
Price to Earnings (P/E)―
Beta (1Y)0.57
Revenue GrowthN/A
EPS Growth90.80%
CountryAU
Employees75
SectorEnergy
Sector Strength52
IndustryCoal
Share Statistics
EPS (TTM)-0.02
Shares Outstanding441,460,750
10 Day Avg. Volume0
30 Day Avg. Volume37,615
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-4.71
Price to Sales (P/S)97.24
P/FCF Ratio-1.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
White Energy Company Limited Business Overview & Revenue Model
Company Description
White Energy Company Limited, established in 1995 and based in Brisbane, Australia, is a global enterprise active in coal technology, mining, and exploration. The company maintains an international footprint across Australia, Indonesia, China, Sin...
How the Company Makes Money
White Energy Company Limited generates revenue primarily through the commercialization and licensing of its Binderless Coal Briquetting (BCB) technology, as well as the production and sale of its upgraded coal products to industrial and energy cus...
White Energy Company Limited Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 40.00K | 82.00K | 89.00K | 106.00K | 90.00K | 24.00K |
| Gross Profit | -38.00K | 30.00K | 64.00K | -1.98M | 71.00K | -62.00K |
| EBITDA | -3.49M | -3.23M | -1.75M | -4.12M | -3.88M | -15.07M |
| Net Income | -3.46M | -23.92M | -6.23M | -6.21M | -5.80M | -17.91M |
Balance Sheet | ||||||
| Total Assets | 16.49M | 12.92M | 13.27M | 10.20M | 11.71M | 17.06M |
| Cash, Cash Equivalents and Short-Term Investments | 3.65M | 3.15M | 5.64M | 772.00K | 434.00K | 2.22M |
| Total Debt | 12.57M | 55.55M | 51.87M | 33.85M | 32.69M | 30.02M |
| Total Liabilities | 25.36M | 56.69M | 54.29M | 54.07M | 50.39M | 44.03M |
| Stockholders Equity | -198.00K | -1.69M | -2.51M | -4.97M | -3.34M | 3.10M |
Cash Flow | ||||||
| Free Cash Flow | -3.84M | -4.59M | -5.13M | -3.95M | -3.04M | -10.93M |
| Operating Cash Flow | -3.08M | -2.26M | -3.64M | -3.81M | -2.90M | -10.86M |
| Investing Cash Flow | -2.31M | -2.10M | -1.49M | -436.00K | 903.00K | 1.90M |
| Financing Cash Flow | 7.11M | 3.77M | 7.99M | 4.58M | 182.00K | 483.00K |
White Energy Company Limited Technical Analysis
Positive
0.04
Price Trends
0.07
Positive
0.06
Positive
0.05
Positive
Market Momentum
0.04
Negative
73.18
Negative
53.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WEC, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.07, and below the 200-day MA of 0.05, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 73.18 is Negative, neither overbought nor oversold. The STOCH value of 53.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WEC.
White Energy Company Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$9.20B | 20.86 | 4.93% | 11.73% | -13.48% | -63.82% | |
66 Neutral | AU$5.13B | 33.13 | 5.87% | 8.48% | -20.55% | -72.75% | |
66 Neutral | AU$7.65B | 11.90 | 11.25% | 1.92% | -13.80% | 268.90% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
62 Neutral | AU$2.60B | -35.88 | -4.42% | 7.32% | -19.76% | -125.65% | |
51 Neutral | AU$502.94M | -0.50 | -98.22% | 4.79% | -14.94% | -255.82% | |
45 Neutral | AU$86.08M | -17.57 | 366.05% | ― | ― | 90.80% |
* Energy Sector Average
AU:WEC
White Energy Company Limited
0.20
0.16
490.91%
AU:NHC
New Hope Corporation Limited
6.08
2.52
70.98%
AU:WHC
Whitehaven Coal Limited
9.37
3.66
64.16%
AU:YAL
Yancoal Australia
6.97
1.82
35.23%
AU:SMR
Stanmore Resources Ltd
2.88
1.07
58.68%
AU:CRN
Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh
0.30
0.13
76.47%
White Energy Company Limited Corporate Events
White Energy Plans Dual Coal Acquisitions and $15m Capital Raising in Strategic Pivot
May 22, 2026
White Energy has entered a non-binding indicative term sheet to acquire the Lolley No. 1 underground metallurgical coal project in Alabama via the purchase of Essential Global Resources and the Tin Hut Creek coal project in Queensland’s Sura...
White Energy Advances Specimen Hill Drilling and Expands Coal Technology Partnerships
Apr 30, 2026
White Energy reported that recent diamond drilling at its Specimen Hill copper-gold project in Queensland has intersected widespread alteration and signs of copper-gold mineralisation, consistent with large metasomatic iron alkali–calcic sys...
White Energy Drilling at Specimen Hill Points to Large, Multi-Style Copper-Gold System
Apr 30, 2026
White Energy has completed an eight-hole reconnaissance diamond drilling program at its Specimen Hill Project near Biloela in Central Queensland, targeting induced polarisation, magnetic and geochemical anomalies to verify earlier work. The progra...
White Energy Releases Interim Financial Report for Half-Year to 31 December 2025
Mar 11, 2026
White Energy Company Limited has released its interim financial report for the half-year ended 31 December 2025, covering the consolidated results of the parent and its subsidiaries. The report, which forms part of the company’s continuous d...
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.