Company Overview - MI Energy Holdings Limited (MIE) is one of China's major independent upstream oil companies, focusing on the exploration and development of oil and gas [3] - The company was listed on the Hong Kong Stock Exchange in December 2010, with stock code 1555.HK, and is headquartered in Hong Kong [3] - MIE is primarily engaged in the exploration, development, production, and sale of oil, gas, and other petroleum products [3] Financial Performance - As of December 31, 2024, MI Energy reported total revenue of 898 million RMB, a year-on-year decrease of 13.36% [2] - The net profit attributable to shareholders was -329 million RMB, representing a year-on-year decline of 108.82% [2][4] - The company's gross profit margin stood at 65.8%, while the debt-to-asset ratio was 264.22% [2] Market Position - MI Energy's price-to-earnings (P/E) ratio is -0.21, ranking 47th in the industry, significantly lower than the average P/E ratio of 35.09 for the oil and gas sector [2] - Other companies in the industry have P/E ratios such as Zhujiang Steel Pipe at 1.1, Yanchang Petroleum International at 1.91, and others ranging up to 4.23 [2] Recent Stock Performance - Over the past month, MI Energy has experienced a cumulative decline of 12%, and a year-to-date decline of 4.35%, underperforming the Hang Seng Index, which has risen by 17.07% [2] - As of March 27, the stock closed at 0.024 HKD per share, with a daily increase of 9.09% and a trading volume of 2.448 million shares [1]
MI能源（01555.HK）3月27日收盘上涨9.09%，成交6万港元