company background image
276

Mongolia EnergySEHK:276 Stock Report

Market Cap

HK$193.8m

7D

9.6%

1Y

-2.8%

Updated

21 Oct, 2021

Data

Company Financials
276 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

276 Overview

Mongolia Energy Corporation Limited, an investment holding company, engages in the coal mining, processing, and other resources related operations in the People’s Republic of China and Mongolia.

Price History & Performance

Summary of all time highs, changes and price drops for Mongolia Energy
Historical stock prices
Current Share PriceHK$1.03
52 Week HighHK$0.65
52 Week LowHK$1.55
Beta1.54
1 Month Change19.77%
3 Month Change18.39%
1 Year Change-2.83%
3 Year Change-23.70%
5 Year Change-76.05%
Change since IPO-97.82%

Recent News & Updates

Aug 18
Increases to CEO Compensation Might Be Put On Hold For Now at Mongolia Energy Corporation Limited (HKG:276)

Increases to CEO Compensation Might Be Put On Hold For Now at Mongolia Energy Corporation Limited (HKG:276)

In the past three years, the share price of Mongolia Energy Corporation Limited ( HKG:276 ) has struggled to grow and...

Dec 30
We Wouldn't Rely On Mongolia Energy's (HKG:276) Statutory Earnings As A Guide

We Wouldn't Rely On Mongolia Energy's (HKG:276) Statutory Earnings As A Guide

It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...

Shareholder Returns

276HK Oil and GasHK Market
7D9.6%0.5%1.8%
1Y-2.8%48.3%5.7%

Return vs Industry: 276 underperformed the Hong Kong Oil and Gas industry which returned 54.1% over the past year.

Return vs Market: 276 underperformed the Hong Kong Market which returned 6.2% over the past year.

Price Volatility

Is 276's price volatile compared to industry and market?
276 volatility
276 Beta1.54
Industry Beta0.86
Market Beta1

Stable Share Price: 276 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: 276's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a668Yvette Onghttps://www.mongolia-energy.com

Mongolia Energy Corporation Limited, an investment holding company, engages in the coal mining, processing, and other resources related operations in the People’s Republic of China and Mongolia. It sells coking and thermal coal. The company’s principal project is the Khushuut coking coal project in Western Mongolia.

Mongolia Energy Fundamentals Summary

How do Mongolia Energy's earnings and revenue compare to its market cap?
276 fundamental statistics
Market CapHK$193.77m
Earnings (TTM)-HK$286.90m
Revenue (TTM)HK$858.42m

0.2x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
276 income statement (TTM)
RevenueHK$858.42m
Cost of RevenueHK$549.58m
Gross ProfitHK$308.84m
ExpensesHK$595.75m
Earnings-HK$286.90m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.53
Gross Margin35.98%
Net Profit Margin-33.42%
Debt/Equity Ratio-218.2%

How did 276 perform over the long term?

See historical performance and comparison

Valuation

Is Mongolia Energy undervalued compared to its fair value and its price relative to the market?

43.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 276 (HK$1.03) is trading below our estimate of fair value (HK$1.82)

Significantly Below Fair Value: 276 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 276 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Oil and Gas industry average.

PE vs Market: 276 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 276's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 276 has negative assets, so we can't compare its PB Ratio to the HK Oil and Gas industry average.


Future Growth

How is Mongolia Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.3%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mongolia Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Mongolia Energy performed over the past 5 years?

60.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 276 is currently unprofitable.

Growing Profit Margin: 276 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 276 is unprofitable, but has reduced losses over the past 5 years at a rate of 60.2% per year.

Accelerating Growth: Unable to compare 276's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 276 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (14.5%).


Return on Equity

High ROE: 276's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Mongolia Energy's financial position?


Financial Position Analysis

Short Term Liabilities: 276 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 276 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 276 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 276's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 276 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 276 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.8% per year.


Dividend

What is Mongolia Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 276's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 276's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 276's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 276's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 276's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.3yrs

Average management tenure


CEO

Yvette Ong (56 yo)

9.33yrs

Tenure

HK$7,434,000

Compensation

Ms. Yvette Ong has served as Director of Vision Values Holdings Ltd since February 1, 2018. She has been Managing Director at Mongolia Energy Corporation Limited since June 1, 2012. She is responsible for...


CEO Compensation Analysis

Compensation vs Market: Yvette's total compensation ($USD956.22K) is above average for companies of similar size in the Hong Kong market ($USD228.12K).

Compensation vs Earnings: Yvette's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 276's management team is seasoned and experienced (9.3 years average tenure).


Board Members

Experienced Board: 276's board of directors are seasoned and experienced ( 16.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mongolia Energy Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mongolia Energy Corporation Limited
  • Ticker: 276
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$193.770m
  • Shares outstanding: 188.13m
  • Website: https://www.mongolia-energy.com

Number of Employees


Location

  • Mongolia Energy Corporation Limited
  • 118 Connaught Road West
  • 17th Floor
  • Hong Kong
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:02
End of Day Share Price2021/10/21 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.