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CMIC Ocean En-Tech Holding Co (HK:0206)
:0206
Hong Kong Market

CMIC Ocean En-Tech Holding Co (0206) AI Stock Analysis

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HK

CMIC Ocean En-Tech Holding Co

(0206)

56Neutral
The overall stock score of 56 reflects moderate financial performance, with strong equity and low debt but challenges in revenue growth and cash flow. Technical analysis presents mixed signals with potential oversold conditions. Valuation is fair but lacks a dividend yield.

CMIC Ocean En-Tech Holding Co (0206) vs. S&P 500 (SPY)

CMIC Ocean En-Tech Holding Co Business Overview & Revenue Model

Company DescriptionCMIC Ocean En-Tech Holding Co (0206) is a prominent player in the offshore engineering industry, specializing in the design, manufacture, and repair of offshore rigs and related equipment. The company operates primarily in the sectors of oil and gas, providing comprehensive solutions that include drilling and production equipment, as well as engineering services. CMIC Ocean En-Tech is committed to delivering high-quality products and services that cater to the needs of its clients in the energy sector.
How the Company Makes MoneyCMIC Ocean En-Tech Holding Co generates revenue primarily through the sale and leasing of offshore engineering equipment, including drilling rigs and production systems. The company also earns income from providing engineering and technical services to the oil and gas industry. Key revenue streams include equipment sales, service contracts, and long-term leasing agreements. The company benefits from strategic partnerships with leading energy companies, enhancing its market reach and driving growth. Additionally, CMIC Ocean En-Tech's focus on innovation and technology development helps maintain its competitive edge, contributing to its overall earnings.

CMIC Ocean En-Tech Holding Co Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
181.34M113.04M57.03M65.88M70.25M
Gross Profit
41.00M27.75M20.66M11.62M24.04M
EBIT
14.16M5.47M2.06M-19.99M4.63M
EBITDA
30.41M7.04M3.99M-18.27M7.39M
Net Income Common Stockholders
9.50M25.88M9.22M10.92M9.70M
Balance SheetCash, Cash Equivalents and Short-Term Investments
73.37M24.91M33.51M22.42M35.02M
Total Assets
326.30M278.67M229.90M229.93M356.18M
Total Debt
51.84M16.19M20.70M24.61M13.12M
Net Debt
-21.52M-8.73M-12.81M2.19M-21.90M
Total Liabilities
150.48M109.65M81.32M94.65M235.76M
Stockholders Equity
175.04M169.17M148.71M135.61M121.06M
Cash FlowFree Cash Flow
54.44M14.62M7.34M2.71M-13.70M
Operating Cash Flow
55.46M15.88M14.06M3.88M-12.37M
Investing Cash Flow
33.52M-4.94M24.01M3.36M-43.06M
Financing Cash Flow
-40.73M-18.82M-27.31M-20.20M70.57M

CMIC Ocean En-Tech Holding Co Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.23
Price Trends
50DMA
0.23
Negative
100DMA
0.22
Positive
200DMA
0.20
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
50.36
Neutral
STOCH
70.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0206, the sentiment is Positive. The current price of 0.23 is above the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.23, and above the 200-day MA of 0.20, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.36 is Neutral, neither overbought nor oversold. The STOCH value of 70.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0206.

CMIC Ocean En-Tech Holding Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
HK$47.87B6.809.73%10.04%3.41%
73
Outperform
HK$8.14B10.6913.34%3.38%18.17%33.08%
69
Neutral
$55.02B8.777.81%3.69%7.72%2.35%
65
Neutral
$30.64B17.807.73%-0.40%2.61%
58
Neutral
$967.12M6.972.23%3.92%10.92%-79.06%
57
Neutral
$1.14B0.2849.31%-3.99%
56
Neutral
HK$754.00M10.455.20%-8.35%-3.86%
* Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0206
CMIC Ocean En-Tech Holding Co
0.23
0.01
4.55%
HK:3393
Wasion Holdings Limited
8.26
0.77
10.28%
HK:1168
Sinolink Worldwide Holdings
0.19
0.06
45.67%
HK:1138
COSCO SHIPPING Energy Transportation Co
6.25
-3.87
-38.27%
HK:2883
China Oilfield Services
6.13
-2.80
-31.32%
HK:1033
Sinopec Oilfield Service
0.63
0.05
8.62%

CMIC Ocean En-Tech Holding Co Corporate Events

CM Energy Tech Announces Annual General Meeting and Share Issuance Plans
Apr 16, 2025

CM Energy Tech Co., Ltd., a company incorporated in the Cayman Islands, has announced its upcoming annual general meeting scheduled for May 16, 2025, in Shenzhen, China. The agenda includes reviewing audited financial statements, declaring a final dividend, re-electing directors, and authorizing the board to fix directors’ remuneration. Additionally, the company seeks approval to allot and issue new shares, which could impact its capital structure and shareholder value.

CM Energy Tech Reports 2024 Annual Results with Increased Gross Profit Margin
Mar 26, 2025

CM Energy Tech Co., Ltd., incorporated in the Cayman Islands, announced its annual results for the year ended December 31, 2024. The company reported a revenue of approximately US$166.8 million, marking an 8.0% decrease from the previous year. Despite the drop in revenue, the gross profit increased by 1.2% to US$41.5 million, with the gross profit margin rising to 24.9%. Profit attributable to owners decreased slightly by 3.6% to US$9.2 million. The Board proposed a final dividend of HK$0.01 per share.

CM Energy Tech Announces Final Dividend for 2024
Mar 26, 2025

CM Energy Tech Co., Ltd. has announced a final cash dividend of HKD 0.01 per share for the financial year ending December 31, 2024. Shareholders’ approval for this dividend is scheduled for May 16, 2025, with the payment date set for June 20, 2025. This announcement reflects the company’s commitment to returning value to its shareholders.

CMIC Ocean En-Tech Updates Nomination Committee Terms
Mar 26, 2025

CMIC Ocean En-Tech Holding Co., incorporated in the Cayman Islands, has updated the terms of reference for its Nomination Committee. The committee will be composed primarily of independent non-executive directors and will include at least one member of a different gender. The Nomination Committee is tasked with holding at least one regular meeting annually, with the flexibility to convene additional meetings as needed. This update aims to enhance governance and ensure diverse representation within the company’s leadership structure.

CM Energy Tech Announces Board Meeting to Review Annual Financials
Mar 14, 2025

CM Energy Tech Co., Ltd., listed on the Hong Kong Stock Exchange, has announced an upcoming board meeting scheduled for March 26, 2025. The meeting will address the approval of the company’s audited consolidated financial statements for the year ending December 31, 2024, and discuss the potential recommendation of a final dividend. This announcement indicates the company’s focus on financial transparency and shareholder value, which could impact its market positioning and stakeholder confidence.

CM Energy Tech Co., Ltd. Announces EGM Resolution Success
Feb 28, 2025

CM Energy Tech Co., Ltd., a company incorporated in the Cayman Islands, announced the successful passing of both an ordinary and a special resolution during its Extraordinary General Meeting (EGM) held on February 28, 2025. The resolutions pertained to a Share Subscription and a Whitewash Waiver, with the ordinary resolution receiving unanimous support from voting shareholders. The approval of these resolutions is expected to impact the company’s share structure and potentially enhance its market position.

CM Energy Tech Announces Despatch of Circular for Share Subscription and Whitewash Waiver
Feb 12, 2025

CM Energy Tech Co., Ltd., incorporated in the Cayman Islands, has announced the despatch of a circular to its shareholders, which includes details on a connected transaction related to a share subscription under a specific mandate and an application for a whitewash waiver. The circular includes advice from financial and independent board committees regarding the share subscription and whitewash waiver, and announces an extraordinary general meeting (EGM) scheduled for 28 February 2025. The completion of the share subscription is contingent upon fulfilling specific conditions, and shareholders are advised to exercise caution.

CM Energy Tech Co., Ltd. Announces Extraordinary General Meeting for Key Resolutions
Feb 12, 2025

CM Energy Tech Co., Ltd. has scheduled an extraordinary general meeting to approve a Subscription Agreement, which involves issuing and allotting 1,621,717,000 shares at a price of HK$0.2 per share. The meeting will also consider a special resolution to waive the mandatory general offer requirement for the shares issued under this agreement. This announcement is significant for the company’s stakeholders as it outlines strategic steps for capital restructuring and potential changes in shareholder dynamics.

CM Energy Tech Announces Share Subscription and EGM Details
Feb 10, 2025

CM Energy Tech Co., Ltd., incorporated in the Cayman Islands, is involved in a connected transaction regarding a share subscription with China Merchants Innovation and Technology (Hong Kong) Co., Limited. The company has announced the closure of its register of members in preparation for an Extraordinary General Meeting (EGM) on 28 February 2025 to consider approving the Subscription Agreement and a Whitewash Waiver. Shareholders are advised to ensure their eligibility to attend and vote at the EGM by completing necessary share transfer documentation before the stipulated deadline. The outcome of the subscription is uncertain as it is subject to specific conditions outlined in the Subscription Agreement.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.