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 natural gas [2] - The company was listed on the Hong Kong Stock Exchange in December 2010, with the stock code 1555.HK [2] - MIE is headquartered in Hong Kong and primarily engages in the exploration, development, production, and sale of oil, natural gas, and other petroleum products [2] - MIE holds a 100% participating interest and responsibility under the product sharing contract for the Da'an oilfield, which is located in Jilin Province, China, and is MIE's highest-producing oilfield in the country [2] Financial Performance - As of December 31, 2024, MI Energy reported total operating revenue of 898 million yuan, a year-on-year decrease of 13.36% [1] - The company recorded a net profit attributable to shareholders of -329 million yuan, representing a year-on-year decrease of 108.82% [1] - The gross profit margin stood at 65.8%, while the debt-to-asset ratio was 264.22% [1] Market Performance - As of March 31, the Hang Seng Index fell by 1.31%, closing at 23,119.58 points [1] - MI Energy's stock closed at 0.026 HKD per share, with an increase of 8.33% and a trading volume of 4.256 million shares, resulting in a turnover of 102,200 HKD [1] - Over the past month, MI Energy has experienced a cumulative decline of 4%, while year-to-date, it has seen a cumulative increase of 4.35%, underperforming the Hang Seng Index's increase of 16.78% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the oil and gas industry (TTM) is 34.14 times, with a median of 5.08 times [1] - MI Energy's P/E ratio is -0.23 times, ranking 47th in the industry [1] - Comparatively, other companies in the sector have the following P/E ratios: Zhujiang Steel Pipe (0.88), Hailong Holdings (2.72), CGII HLDGS (4.1), CITIC Resources (5.08), and Jiaoyun Gas (5.09) [1]
MI能源（01555.HK）3月31日收盘上涨8.33%，成交10.22万港元