New Times Energy Corporation Limited (0166) AI Stock Analysis

New Times Energy Corporation Limited

(HKEX:0166)

Select Model

Rating:44.1Neutral

Price Target:HKD 0.03▼(-3.45% Downside)

Action:reiterated

Date:09/16/26

The overall score is driven mainly by structurally weak financial performance, with sustained losses, negative gross margins, and three years of worsening cash burn despite a conservative balance sheet. Valuation offers limited support because earnings are negative and there is no dividend, while technical indicators show a short‑term price rally that appears overheated and vulnerable to a correction rather than indicating durable momentum.

Positive Factors

Conservative Balance SheetLow leverage gives the company greater financial flexibility than a heavily indebted peer and reduces exposure to refinancing pressure. This provides a more stable base for restructuring operations, funding selective initiatives, or absorbing continued earnings volatility over the next several quarters.

Negative Factors

Persistent UnprofitabilitySustained losses and negative gross and operating margins show that the core business is not currently converting revenue into earnings. Continued margin pressure weakens internal funding capacity and makes a durable recovery dependent on improved pricing, contract mix, or cost control.

New Times Energy Corporation Limited (0166) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 253.51M
Dividend Yield: ―
Average Volume (3M): 1.07M
Price to Earnings (P/E): -1.8
Beta (1Y): 0.55
Revenue Growth: 26.09%
EPS Growth: -12.77%
Country: Hong Kong
Employees: 115
Sector: Basic Materials
Sector Strength: 61
Industry: Industrial Materials

New Times Energy Corporation Limited Business Overview & Revenue Model

Company Description

New Times Corporation Limited is an investment holding company that engages in the exploration, development, and production of natural resources. The company operates through two main segments: energy upstream, which involves oil and gas products in...

How the Company Makes Money

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New Times Energy Corporation Limited Financial Statement Overview

Summary

Financial performance is weak, with the business shifting from solid profitability in 2021–2022 to persistent operating and net losses since 2023, including negative gross margins and widening net loss in 2025 despite revenue growth. This deterioration is compounded by three consecutive years of negative operating and free cash flow, partially offset by a conservative balance sheet with low leverage and a still‑solid equity base.

Income Statement

23Negative

Balance Sheet

62Positive

Cash Flow

19Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.98B	14.93B	10.90B	26.15B	20.91B	11.17B
Gross Profit	-64.40M	-88.80M	-199.30M	-136.90M	421.46M	90.66M
EBITDA	-83.40M	-103.20M	-184.30M	72.80M	423.19M	395.12M
Net Income	-139.10M	-149.30M	-87.40M	-150.50M	285.90M	329.40M
Balance Sheet
Total Assets	1.29B	1.30B	1.43B	1.70B	2.17B	1.74B
Cash, Cash Equivalents and Short-Term Investments	582.30M	441.60M	517.70M	832.10M	907.08M	642.57M
Total Debt	19.50M	21.40M	23.90M	22.00M	29.10M	30.98M
Total Liabilities	358.60M	316.30M	364.70M	508.30M	843.79M	634.87M
Stockholders Equity	933.50M	985.60M	1.06B	1.19B	1.32B	1.10B
Cash Flow
Free Cash Flow	72.40M	-95.30M	-264.40M	-65.10M	330.06M	95.18M
Operating Cash Flow	87.90M	-65.00M	-208.00M	11.30M	538.43M	103.15M
Investing Cash Flow	-15.50M	-25.80M	-77.80M	-77.00M	-97.99M	-88.35M
Financing Cash Flow	-8.00M	-7.40M	-8.30M	-16.90M	-4.53M	-150.60M

New Times Energy Corporation Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price0.03

Price Trends

50DMA0.03Negative

100DMA0.03Negative

200DMA0.04Negative

Market Momentum

MACD-0.00Negative

RSI39.38Neutral

STOCH40.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0166, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 39.38 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0166.

New Times Energy Corporation Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:0166 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:3993	66Neutral	HKD 329.39B	9.68	32.65%	3.54%	38.53%	62.42%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HK:1091	53Neutral	HKD 2.28B	5.38	11.28%	―	-32.45%	―
HK:2237	49Neutral	HKD 256.00M	30.86	1.58%	―	2.31%	―
HK:0166	44Neutral	HKD 253.51M	-1.82	-14.50%	―	26.09%	-12.77%
HK:6128	39Underperform	HKD 23.72M	-0.05	-1613.43%	―	-20.14%	-84.86%
HK:2623	38Underperform	HKD 1.73B	-9.88	-15.79%	―	16.64%	-230.56%

* Basic Materials Sector Average

Performance Comparison

HK:0166 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:0166	New Times Energy Corporation Limited	0.03	-0.02	-36.96%
HK:3993	CMOC Group	12.32	-3.56	-22.42%
HK:1091	South Manganese Investment Limited	0.39	-0.05	-11.49%
HK:2237	China Graphite Group Ltd.	0.16	-0.23	-58.97%
HK:2623	Add New Energy Investment Holdings Group Ltd.	3.15	2.48	371.56%
HK:6128	Graphex Group Limited	0.02	-0.29	-93.33%

New Times Energy Corporation Limited Corporate Events

New Times Corporation Narrows Interim Loss on Higher Revenue Amid Cost Discipline

Aug 28, 2026

New Times Corporation Limited, a Bermuda-incorporated company listed in Hong Kong, operates across Canadian upstream oil and gas, industrial park development and precious metals refining and trading, with core assets including Western Canadian explor...

New Times Corporation Sets Board Meeting to Approve Interim Results and Mull Dividend

Aug 17, 2026

New Times Corporation Limited has scheduled a board meeting for 28 August 2026 to approve its interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend, a decision that could signal man...

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: Sep 16, 2026

New Times Energy Corporation Limited AI Stock Analysis