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 [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, 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 76.21%, while the debt-to-asset ratio was 264.22% [1] Market Performance - As of July 30, the stock price of MI Energy was 0.044 HKD per share, reflecting an increase of 12.82% with a trading volume of 44.84 million shares and a turnover of 1.959 million HKD [1] - Over the past month, MI Energy has seen a cumulative increase of 11.43%, and since the beginning of the year, the stock has risen by 69.57%, outperforming the Hang Seng Index's increase of 27.24% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the oil and gas industry (TTM) is -1.18 times, with a median of 1.45 times [1] - MI Energy's P/E ratio is -0.37 times, ranking 44th in the industry [1] - Comparatively, other companies in the sector have P/E ratios such as Zhujiang Steel Pipe at 1.41 times, Energy International Investment at 1.45 times, CGII Holdings at 4.19 times, CITIC Resources at 5.76 times, and China National Offshore Oil Corporation at 6.09 times [1]
MI能源(01555.HK)7月30日收盘上涨12.82%,成交195.9万港元