Want to see HK:0206 full AI Analyst Report?
Top Page
CMIC Ocean En-Tech Holding Co
(0206)
Select Model
Select Model
Rating:57Neutral
Price Target:
HK$0.21
â–¼(-19.62% Downside)
Action:Reiterated
Date:10/22/26
The score is driven mainly by mixed financial performance: strong balance-sheet conservatism and improved cash generation are positives, but recent revenue decline and sharply weaker margins/ROE are meaningful risks. Technicals remain bearish with the price below key longer-term moving averages and a negative MACD. Valuation is supported by the high dividend yield, though the negative P/E reflects strained profitability.
Positive Factors
Conservative Balance Sheet
Low leverage and a steadily expanding equity base give the company a conservative funding profile and greater resilience if operating conditions weaken. This financial flexibility can support ongoing operations and selective investment without relying heavily on additional borrowing over the next several quarters.
Negative Factors
Revenue Contraction
Revenue contracted modestly in 2024 and more sharply in 2025 after strong growth in 2022–2023. A multi-period reversal reduces visibility on demand and scale benefits, potentially limiting operating leverage and making sustained top-line expansion harder to rely on over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Low leverage and a steadily expanding equity base give the company a conservative funding profile and greater resilience if operating conditions weaken. This financial flexibility can support ongoing operations and selective investment without relying heavily on additional borrowing 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$599.33M
Dividend Yield4.93%
Average Volume (3M)1.47M
Price to Earnings (P/E)―
Beta (1Y)0.92
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. Volume3,230,900
30 Day Avg. Volume1,467,433
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 | 11.92M | 19.33M | 26.94M | 30.41M | 9.30M | 6.15M |
| 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
Positive
0.26
Price Trends
0.21
Negative
0.25
Negative
0.35
Negative
Market Momentum
>-0.01
Negative
55.07
Neutral
19.75
Positive
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 0.26 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.21, and below the 200-day MA of 0.35, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.07 is Neutral, neither overbought nor oversold. The STOCH value of 19.75 is Positive, 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$61.59B | 16.81 | 8.14% | 4.17% | 6.80% | 14.80% | |
74 Outperform | HK$2.21B | 5.75 | 8.59% | 5.82% | 11.66% | 11.67% | |
66 Neutral | HK$14.59B | 11.05 | 8.76% | 4.49% | 6.18% | -5.47% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
57 Neutral | HK$599.33M | -7.19 | -5.82% | 4.93% | -10.12% | -248.55% | |
51 Neutral | HK$808.87M | -8.23 | -3.71% | 4.03% | -41.69% | -234.83% | |
41 Neutral | HK$5.43B | -57.70 | -18.12% | 2.15% | 58.47% | 1.63% |
* Energy Sector Average
HK:0206
CMIC Ocean En-Tech Holding Co
0.19
-0.08
-31.11%
HK:3337
Anton Oilfield Services Group
0.74
-0.27
-26.87%
HK:2883
China Oilfield Services
7.77
0.50
6.93%
HK:3899
CIMC Enric Holdings
6.90
-0.35
-4.81%
HK:3303
Jutal Offshore Oil Services
0.33
-0.19
-36.65%
HK:0568
Shandong Molong Petroleum Machinery
3.79
-0.31
-7.68%
CMIC Ocean En-Tech Holding Co Corporate Events
CM Energy Tech Names New Independent Director to Meet Hong Kong Governance Rules
Sep 18, 2026
CM Energy Tech has appointed veteran engineer Du Wandou as an independent non‑executive director effective 18 September 2026, adding deep expertise in coal chemistry, coal‑to‑liquids, and clean‑energy technologies to its bo...
CM Energy Tech reshapes board and governance committees
Sep 18, 2026
CM Energy Tech Co., Ltd. has updated its board composition effective 18 September 2026, listing a broad slate of non-executive, executive, and independent non-executive directors, with Mr. Mei Zhonghua serving as chairman and Mr. Zhan Huafeng as e...
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...
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.