Company Overview - Jixing New Energy Limited (stock code: 03395.HK) is primarily engaged in the exploration, development, and production of oil and gas, with a focus on natural gas [2] - The company is headquartered in Alberta, Canada, and its main assets are concentrated in two core areas: Alberta Foothills and Peace River [2] - As of June 30, 2022, the company held 28,000 net acres of land in the Western Canadian Sedimentary Basin (WCSB) and produced an average of 1,821 barrels per day of natural gas and oil [2] Financial Performance - As of March 31, 2025, the company reported total revenue of 13.72 million CNY, a decrease of 2.72% year-on-year [1] - The net profit attributable to shareholders was -18.01 million CNY, reflecting a year-on-year decline of 4.26% [1] - The gross margin was -54.16%, and the debt-to-asset ratio stood at 195.64% [1] Market Performance - On May 23, the stock price closed at 0.1 HKD per share, marking an increase of 31.58% with a trading volume of 213,000 shares and a turnover of 20,000 HKD [1] - Over the past month, the stock has seen a cumulative increase of 5.56%, but it has declined by 60% year-to-date, underperforming the Hang Seng Index by 17.37% [1] - Currently, there are no institutional investment ratings for the stock [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the oil and gas industry (TTM) is -6.48, with a median of 4.14 [1] - Jixing New Energy's P/E ratio is -0.36, ranking 44th in the industry [1] - Comparatively, other companies in the sector have P/E ratios such as Zhujiang Steel Pipe (0.86), CGII HLDGS (4.14), and others ranging from 4.84 to 5.21 [1]
吉星新能源（03395.HK）5月23日收盘上涨31.58%，成交2万港元