Want to see HK:6885 full AI Analyst Report?
Top Page
Henan JinMa Energy Co. Ltd. Class H
(6885)
Select Model
Select Model
Rating:45Neutral
Price Target:
HK$0.61
▼(-40.69% Downside)
Action:Reiterated
Date:09/24/26
The score is primarily held back by deteriorating financial performance (losses and negative margins) alongside higher leverage and inconsistent free cash flow. Technicals also remain weak given the price sits below key longer-term moving averages and MACD is negative, despite neutral RSI. Valuation is not a clear positive because the company is currently loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Revenue Growth
Revenue growth shows the company continued expanding its top line despite a difficult profitability backdrop. Sustained sales growth can support operating recovery if pricing, costs, and utilization improve, while also indicating that the underlying coal business retains demand and commercial activity.
Negative Factors
Losses and Negative Margins
The shift from positive profitability in 2020–2023 to sizable losses in 2024–2025 is a major fundamental weakness. Negative gross and net margins indicate that current revenue is not covering the full cost base, limiting retained capital and making earnings recovery dependent on improved pricing or cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Revenue growth shows the company continued expanding its top line despite a difficult profitability backdrop. Sustained sales growth can support operating recovery if pricing, costs, and utilization improve, while also indicating that the underlying coal business retains demand and commercial activity.
Read all positive factors
Henan JinMa Energy Co. Ltd. Class H (6885) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$329.28M
Dividend Yield5.97%
Average Volume (3M)164.53K
Price to Earnings (P/E)―
Beta (1Y)0.37
Revenue Growth0.39%
EPS Growth-394.16%
CountryHK
Employees2,580
SectorBasic Materials
Sector Strength58
IndustryCoal
Share Statistics
EPS (TTM)-2.79
Shares Outstanding535,421,000
10 Day Avg. Volume279,800
30 Day Avg. Volume164,533
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.18
Price to Sales (P/S)0.06
P/FCF Ratio-5.50
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
Henan JinMa Energy Co. Ltd. Class H Business Overview & Revenue Model
Company Description
Established in 2003 and headquartered in Jiyuan, China, Henan Jinma Energy Company Limited operates a diversified enterprise within the coking chemical industry throughout the People's Republic of China, supported by its various subsidiaries. The ...
Henan JinMa Energy Co. Ltd. Class H Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
46
Neutral
Cash Flow
39
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.86B | 8.12B | 11.60B | 12.07B | 12.45B | 7.40B |
| Gross Profit | 631.30M | 439.50M | 150.11M | 448.47M | 1.14B | 1.02B |
| EBITDA | 574.52M | 433.43M | 23.93M | 463.60M | 1.03B | 952.37M |
| Net Income | -1.49B | -527.39M | -345.89M | 22.32M | 421.95M | 486.52M |
Balance Sheet | ||||||
| Total Assets | 6.59B | 9.08B | 11.22B | 12.53B | 11.23B | 8.53B |
| Cash, Cash Equivalents and Short-Term Investments | 540.97M | 601.74M | 725.40M | 2.05B | 1.98B | 594.95M |
| Total Debt | 2.63B | 3.20B | 3.37B | 4.15B | 3.24B | 1.81B |
| Total Liabilities | 4.09B | 5.49B | 6.88B | 7.69B | 6.50B | 4.22B |
| Stockholders Equity | 1.50B | 2.59B | 3.12B | 3.46B | 3.51B | 3.23B |
Cash Flow | ||||||
| Free Cash Flow | 335.61M | -84.76M | 579.88M | -1.04B | -726.90M | -1.23B |
| Operating Cash Flow | 568.91M | 251.40M | 942.52M | 69.99M | 997.01M | 1.11B |
| Investing Cash Flow | 327.86M | 221.87M | -722.97M | -898.72M | -1.83B | -2.76B |
| Financing Cash Flow | -885.87M | -726.32M | -633.45M | 832.65M | 1.17B | 863.50M |
Henan JinMa Energy Co. Ltd. Class H Technical Analysis
Negative
1.02
Price Trends
0.63
Negative
0.73
Negative
0.91
Negative
Market Momentum
>-0.01
Negative
46.51
Neutral
41.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6885, the sentiment is Negative. The current price of 1.02 is above the 20-day moving average (MA) of 0.62, above the 50-day MA of 0.63, and above the 200-day MA of 0.91, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.51 is Neutral, neither overbought nor oversold. The STOCH value of 41.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6885.
Henan JinMa Energy Co. Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$1.15T | 17.13 | 12.99% | 5.35% | 16.50% | 4.45% | |
64 Neutral | HK$189.77B | 10.00 | 11.32% | 4.55% | -11.15% | 7.69% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | HK$8.65B | 9.40 | 9.27% | ― | 26.12% | 46.57% | |
53 Neutral | HK$181.95B | 17.67 | 14.75% | 5.25% | 32.89% | 6.82% | |
45 Neutral | HK$329.28M | -0.19 | -72.85% | 5.97% | 0.39% | -394.16% | |
42 Neutral | HK$124.34M | -0.18 | -141.19% | 3.14% | -17.39% | -5.91% |
* Basic Materials Sector Average
HK:6885
Henan JinMa Energy Co. Ltd. Class H
0.61
-0.67
-52.34%
HK:1898
China Coal Energy Co
10.15
1.17
13.02%
HK:1088
China Shenhua Energy Co
43.24
7.48
20.91%
HK:0975
Mongolian Mining
8.39
-4.31
-33.92%
HK:1171
Yankuang Energy Group Company Limited Class H
11.39
1.60
16.34%
HK:1393
Hidili Industry International Development Limited
0.03
-0.04
-61.54%
Henan JinMa Energy Co. Ltd. Class H Corporate Events
Henan Jinma Energy Board and Supervisor Resignations Trigger Governance Gaps
Sep 2, 2026
Henan Jinma Energy has announced the resignation of independent non-executive director Mr. Zhang Xicheng and supervisor Ms. Lyu Hong, both citing changes in work arrangements and confirming no disagreement with the board or matters requiring share...
Henan Jinma Energy Sets Out Board and Committee Structure
Sep 2, 2026
Henan Jinma Energy Company Limited has detailed the composition of its Board of Directors, comprising executive, non-executive and independent non-executive members, with non-executive director Mr. Yiu Chiu Fai serving as chairman. The disclosure ...
Henan Jinma Energy Swings to Heavy Interim Loss Despite Revenue Growth
Aug 31, 2026
Henan Jinma Energy reported interim unaudited results for the six months ended 30 June 2026, showing revenue from continuing operations rising to RMB4.56 billion from RMB3.56 billion a year earlier. Despite higher gross profit, the group recorded ...
Henan Jinma Energy Delays Board Meeting to Finalise Interim Results
Aug 28, 2026
Henan Jinma Energy Company Limited, a Hong Kong-listed energy firm incorporated in the PRC with limited liability and stock code 6885, is governed by a board led by chairman Yiu Chiu Fai and a mix of executive, non-executive and independent non-ex...
Henan Jinma Energy flags RMB1.1bn interim loss after subsidiary bankruptcy
Aug 25, 2026
Henan Jinma Energy Company Limited, a Hong Kong-listed PRC energy group, holds a 70% stake in subsidiary Xinyang Steel Jingang Energy Co., Ltd., underlining its involvement in industrial energy operations. The group is governed by a board comprisi...
Henan Jinma Energy Sets Board Meeting to Approve 2026 Interim Results and Consider Dividend
Aug 14, 2026
Henan Jinma Energy Company Limited has scheduled a meeting of its board of directors for 28 August 2026 to review and, if appropriate, approve the unaudited interim results for the six months ended 30 June 2026 and to authorize the publication of ...
Henan Jinma Energy Cedes Control of Insolvent Subsidiary After Court Accepts Winding-Up Petition
Jul 3, 2026
Henan Jinma Energy has decided not to contest a winding-up petition against its 70% subsidiary Xinyang Steel Jingang Energy Co., Ltd., after determining the unit is insolvent with net liabilities of about RMB349 million and would require substanti...
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.