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    Energy minerals

  3. •

    Oil & gas production
China Energy Development Holdings Limited

China Energy Development Holdings Limited

HHKEX:228
0.77
HKD
-0.01
(-1.28%)
28.71BMarket Cap
China Energy Development Holdings Limited
HKEX:228
(Hong Kong Exchange)

Recent

price

0.77

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
0.8
0.43
0.01
- -
- -
- -
- -
- -
0.05
0.02
0.02
0.04
0.03
0.03
1.1
0.76
- -
Revenue per Share
-0.48
-0.72
- -
-0.01
- -
-0.13
-0.02
-0.02
- -
-0.01
- -
0.01
0.01
0.01
0.1
0.08
- -
Basic EPS, GAAP
0.32
-0.97
-0.01
- -
-0.01
-0.01
- -
- -
-0.01
0.02
-0.04
- -
- -
0.01
0.36
0.21
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
8.32
17.39
0.43
0.44
0.37
0.22
0.19
0.18
0.17
0.16
0.17
0.19
0.18
0.18
5.86
4.67
0.15
Book Value per Share
8.32
2.51
0.06
0.06
0.06
0.03
0.02
0.02
0.04
0.04
0.04
0.05
0.06
0.07
2.44
2.35
0.06
Tangible Book Value per Share
106
170
7,921
7,921
8,646
9,505
9,505
9,505
9,505
9,505
9,505
9,505
9,505
9,505
272
307
272
Basic Weighted Avg Shares
85
74
62
37
37
7
1
13
478
158
173
354
323
332
300
234
- -
Sales/Revenue/Turnover
-39.95
-57.79
-54.96
-100.27
-86.67
-242.32
-3,145.3
-335.16
85.11
18.02
3.71
43.18
43.96
45.24
40.23
34.16
- -
Operating Margin (%)
1
2
1
1
1
1
1
3
4
16
34
87
75
71
60
49
- -
Depreciation Expense
-51
-123
-36
-44
-37
-1,281
-163
-236
28
-72
-14
124
83
70
27
26
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
80.33
- -
- -
38.19
9.65
24.11
52.64
30.39
- -
Effective Tax Rate (%)
-59.72
-166.27
-58.67
-120.53
-98.37
-17,319.04
-14,564.73
-1,806.2
5.76
-45.78
-8.17
35.01
25.78
20.94
9.11
11.05
- -
Profit Margin (%)
100
7
-10
-105
-134
-172
-178
-259
53
-303
-330
-354
-351
-159
-224
93
-224
Working Capital
- -
100
110
122
135
52
58
64
71
82
481
479
290
330
46
55
46
LT Debt
906
3,444
3,437
3,508
3,545
2,097
1,806
1,701
1,635
1,521
1,611
1,779
1,727
1,732
1,790
2,136
1,790
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
1.88
- -
- -
6.98
6.04
4.85
2.36
1.8
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
1.67
- -
- -
6.81
5.68
4.74
2.09
1.9
- -
Return on Capital (%)
-6.6
-5.65
-1.06
-1.27
-1.04
-45.44
-8.34
-13.48
1.66
-4.62
-0.91
7.35
4.78
4.05
1.56
1.32
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
146
90
263
LT Borrowings
329
249
45
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,505
12,165
12,165
Market Capitalization
30,417
36,496
28,710

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
146
171
181
Cash, Cash Equivalents & STI
72
62
49
Accounts Receivable, Net
50
86
116
Inventories
- -
- -
- -
Total Current Liabilities
305
245
405
Payables & Accruals
- -
- -
- -
ST Debt
146
90
263
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.59%
6.09%
19.3%
Free Cash Flow
-303.92%
-50.32%
-34.7%
Net Income, GAAP
-168.59%
-217.72%
-5.38%
Sales/Revenue/Turnover
455.6%
13.28%
-21.94%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
332
2024
- -
- -
300
2025
- -
- -
234

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.1
2025
- -
- -
0.08

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
China Energy Development Holdings Limited, an investment holding company listed on the Hong Kong Stock Exchange (0228.HK), principally engages in the exploration, development, production, and sale of natural gas in the People's Republic of China; it also operates sales of food and beverages through a chain of Chinese restaurants in Hong Kong and provides money lending services to third parties. The company focuses its natural gas activities on drilling, exploring, exploiting, and producing oil and natural gas from sites in Xinjiang, transporting and selling natural gas, and distributing it through pipelines. Incorporated in 2001 and headquartered at Office J, 29/F, Plaza 88, No. 88 Yeung Uk Road, Tsuen Wan, Hong Kong, it employs approximately 54 people and targets industrial and commercial customers in the energy sector alongside its ancillary food and financial services operations. In recent developments, the company proposes a capital reorganisation, amendments to its memorandum and articles of association, and a rights issue on the basis of one rights share for every two adjusted shares held, with trading of adjusted shares in new board lots of 2,000 scheduled to resume on November 17, 2025, following a delay in the timetable announced in November 2025. This restructuring includes changes to share certificates, with parallel trading ending December 5, 2025, and the last exchange date for existing certificates set for December 9, 2025. The company traces its natural gas operations to the 2011 acquisition of Totalbuild Investments Group, which brought oil and natural gas production assets in China under its control.