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CMIC Ocean En-Tech Holding Co
(0206)
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Rating:54Neutral
Price Target:
HK$0.23
â–¼(-12.31% Downside)
Action:Reiterated
Date:07/15/26
The score is held back primarily by weakening profitability and declining revenue (despite strong recent cash generation and low leverage). Technicals also remain weak with a price below key moving averages and negative MACD. Valuation adds risk due to a very high P/E, partially cushioned by a moderate dividend yield.
Positive Factors
Low Leverage
Conservative leverage and a growing equity base provide financial resilience and reduce dependence on external funding. This gives the company greater flexibility to support operations, absorb volatility, and pursue opportunities over the next several quarters.
Negative Factors
Declining Revenue
The shift from earlier expansion to consecutive revenue contraction signals weakening demand, project activity, or business momentum. Prolonged top-line pressure can reduce operating leverage, limit reinvestment capacity, and make a durable earnings recovery more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Conservative leverage and a growing equity base provide financial resilience and reduce dependence on external funding. This gives the company greater flexibility to support operations, absorb volatility, and pursue opportunities over the next several quarters.
Read all positive factors
CMIC Ocean En-Tech Holding Co (0206) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$715.33M
Dividend Yield4.5%
Average Volume (3M)854.24K
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue Growth-10.12%
EPS Growth-248.55%
CountryHK
Employees605
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding3,243,433,800
10 Day Avg. Volume475,400
30 Day Avg. Volume854,242
Financial Highlights & Ratios
PEG Ratio-0.81
Price to Book (P/B)0.58
Price to Sales (P/S)0.78
P/FCF Ratio1.29
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
CMIC Ocean En-Tech Holding Co Business Overview & Revenue Model
Company Description
CMIC Ocean En-Tech Holding Co., Ltd., an investment holding company established in Kwai Chung, Hong Kong, in 1995, was formerly known as TSC Group Holdings Limited until its renaming in February 2019. This global enterprise specializes in the desi...
CMIC Ocean En-Tech Holding Co Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
71
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 135.96M | 135.36M | 166.77M | 181.34M | 113.04M | 57.03M |
| Gross Profit | 21.28M | 31.34M | 41.48M | 41.00M | 27.75M | 20.66M |
| EBITDA | -3.31M | 21.84M | 17.12M | 30.41M | 7.99M | 3.99M |
| Net Income | -10.43M | 1.58M | 9.16M | 9.50M | 25.88M | 9.22M |
Balance Sheet | ||||||
| Total Assets | 313.82M | 334.91M | 310.37M | 326.30M | 278.67M | 229.90M |
| Cash, Cash Equivalents and Short-Term Investments | 127.28M | 133.28M | 84.10M | 73.37M | 24.91M | 33.51M |
| Total Debt | 14.03M | 31.96M | 48.98M | 51.84M | 16.19M | 20.70M |
| Total Liabilities | 135.66M | 151.58M | 131.12M | 150.48M | 109.65M | 81.32M |
| Stockholders Equity | 176.56M | 181.74M | 178.19M | 175.04M | 169.17M | 148.71M |
Cash Flow | ||||||
| Free Cash Flow | 62.10M | 82.02M | 7.30M | 54.44M | 14.62M | 7.34M |
| Operating Cash Flow | 65.07M | 83.72M | 8.78M | 55.46M | 15.88M | 14.06M |
| Investing Cash Flow | -5.83M | 1.49M | 15.24M | 33.52M | -4.94M | 24.01M |
| Financing Cash Flow | -28.76M | -38.99M | -12.29M | -40.73M | -18.82M | -27.31M |
CMIC Ocean En-Tech Holding Co Technical Analysis
Negative
0.26
Price Trends
0.25
Negative
0.32
Negative
0.36
Negative
Market Momentum
>-0.01
Negative
36.25
Neutral
8.69
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0206, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.25, and below the 200-day MA of 0.36, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 36.25 is Neutral, neither overbought nor oversold. The STOCH value of 8.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0206.
CMIC Ocean En-Tech Holding Co Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$2.88B | 7.34 | 8.59% | 4.60% | 11.66% | 11.67% | |
66 Neutral | HK$16.97B | 13.53 | 8.76% | 3.70% | 6.18% | -5.47% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | HK$58.49B | 15.70 | 8.30% | 4.12% | 6.80% | 14.80% | |
54 Neutral | HK$715.33M | -8.66 | -5.82% | 4.50% | -10.12% | -248.55% | |
50 Neutral | HK$995.53M | -10.09 | -3.71% | 3.42% | -41.69% | -234.83% | |
44 Neutral | HK$6.49B | -2,276.47 | -0.56% | 2.15% | 48.39% | 98.65% |
* Energy Sector Average
HK:0206
CMIC Ocean En-Tech Holding Co
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CMIC Ocean En-Tech Holding Co Corporate Events
CM Energy Tech Swings to Interim Loss on Pemex Project Impairment
Aug 28, 2026
CM Energy Tech reported revenue of approximately US$63.3 million for the six months ended 30 June 2026, a modest 1.1% increase year-on-year, but its profitability deteriorated sharply as gross profit fell nearly 65% to US$5.5 million. The decline ...
CM Energy Tech Sets Board Meeting to Review Interim Results
Aug 18, 2026
CM Energy Tech Co., Ltd., an energy technology company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, maintains a board with a single executive director supported by nine non-executive and four independent non-execu...
CM Energy Tech Flags Loss After Pemex Project Cut-Short Triggers Impairment
Aug 10, 2026
CM Energy Tech Co., Ltd. has warned that it expects to post a loss of about USD9.30 million for the six months ended 30 June 2026, reversing from a profit of approximately USD2.78 million a year earlier. The deterioration is mainly driven by an ex...
CM Energy Tech secures USD100 million loan tied to China Merchants Group covenants
Jul 15, 2026
CM Energy Tech Co., Ltd. has entered into a new term loan facility of up to USD100 million with a bank, providing funding that can be drawn in U.S. dollars or Hong Kong dollars. The loan carries an initial tenor of 12 months from drawdown, with an...
CM Energy Tech Updates Board Structure and Governance Committees
Jun 30, 2026
CM Energy Tech Co., Ltd., a Cayman Islands-incorporated and Hong Kong-listed energy technology company, is overseen by a diversified board of non-executive, executive and independent non-executive directors. This structure supports its operations ...
CM Energy Tech shareholders back all resolutions at postponed AGM
Jun 29, 2026
CM Energy Tech Co., Ltd., a Cayman Islands-incorporated energy technology company listed in Hong Kong, reported that all 3,243,433,914 issued shares were entitled to vote at its postponed annual general meeting. The company does not hold treasury ...
CM Energy Tech wins strong independent backing for key JV and transaction approvals
Jun 29, 2026
Independent shareholders of CM Energy Tech Co., Ltd. have approved all ordinary resolutions at an extraordinary general meeting held on 29 June 2026, endorsing a Memorandum of Agreement and a set of joint venture and funding investment agreements....
CM Energy Tech Revamps Board With China Merchants Industry Veterans
Jun 29, 2026
CM Energy Tech Co., Ltd. has announced changes to its board, reinforcing links with the China Merchants shipbuilding and heavy industry network that underpins its energy and marine engineering activities. The company continues to rely on non‑...
CM Energy Tech Director Resigns, Removal Resolution Dropped Ahead of Postponed AGM
Jun 26, 2026
CM Energy Tech Co., Ltd. announced that non-executive director Mr. Zhang Xizheng resigned from the board with immediate effect on 26 June 2026 due to other work commitments, and he stated he had no disagreement with the board or issues requiring s...
CM Energy Tech Calls Extraordinary Meeting to Approve New Agreements
Jun 12, 2026
CM Energy Tech Co., Ltd. has called an extraordinary general meeting in Shenzhen on 29 June 2026 for shareholders to vote on approving a Memorandum of Agreement and related transactions. The meeting will follow the company’s annual general m...
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.