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New Times Energy Corporation Limited logo

New Times Energy Corporation Limited

0166.HK

HKSEBasic MaterialsIndustrial Materials

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Latest quote

HK$0.03

HK$0.00 · 0.00%

Aug 24, 1:24 PM HKTData delayed

0166.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

New Times Energy Corporation Limited operates as an investment holding company, primarily engaged in the exploration, development, and production of oil and natural gas. The firm's business is structured around two key divisions: Upstream operations, and the refining and trading of various commodities. Its commercial activities extend to the trading of non-ferrous metals, gold, and petroleum-derived products. The company holds significant stakes in Argentine energy assets, specifically a 69.25% interest in the Tartagal Oriental and Morillo concessions, and a 50% interest in the 95-square-kilometer Los Blancos Concession, both situated in Salta Province, Northern Argentina. Established in 1998, this Hong Kong-headquartered entity, located in Central, functions as a subsidiary of Max Sun Enterprises Limited.

Industry
Industrial Materials
Sector
Basic Materials
Headquarters
HK
CEO
Wing Yan Tang
Listed since
Oct 13, 1998
Employees
115

Market position

Day range

Current HK$0.03

52-week range

Current HK$0.03

Open
HK$0.031
Previous close
HK$0.03
Volume
216K
0.21× average
Average volume
1.04M
Average daily volume
Market cap
262.25M HKD
Beta
0.2
Market reference 1
50-day average
HK$0.0317
-5.30% below average
200-day average
HK$0.0395
-24.02% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-36.37M HKD
P/E (TTM)
-1.75×
P/B (TTM)
0.27×
P/S (TTM)
0.02×
EV / EBITDA
0.35×
Earnings yield
-43.79%
Free cash flow yield
-27.95%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-0.54%
Operating margin
-1.13%
Net margin
-1.00%
Return on equity
-15.15%
Return on assets
-11.47%
Return on invested capital
-15.01%

Financial health

Debt / equity
0.02×
Current ratio
3.82×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends4%1%-1%-3%Gross margin, FY2021: 0.81%Gross margin, FY2022: 2.02%Gross margin, FY2023: -0.52%Gross margin, FY2024: -1.83%Gross margin, FY2025: -0.59%Operating margin, FY2021: -0.17%Operating margin, FY2022: 1.39%Operating margin, FY2023: -1.14%Operating margin, FY2024: -2.83%Operating margin, FY2025: -1.19%Net margin, FY2021: 2.95%Net margin, FY2022: 1.37%Net margin, FY2023: -0.58%Net margin, FY2024: -0.80%Net margin, FY2025: -1.00%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 0.81%. Gross margin FY2022 2.02%. Gross margin FY2023 -0.52%. Gross margin FY2024 -1.83%. Gross margin FY2025 -0.59%. Operating margin FY2021 -0.17%. Operating margin FY2022 1.39%. Operating margin FY2023 -1.14%. Operating margin FY2024 -2.83%. Operating margin FY2025 -1.19%. Net margin FY2021 2.95%. Net margin FY2022 1.37%. Net margin FY2023 -0.58%. Net margin FY2024 -0.80%. Net margin FY2025 -1.00%.

Income trends

Revenue

14.93B HKD+36.99%

Operating income

−177M HKD+42.61%

Net income

−149.3M HKD-70.82%
Income trends across reported periods28.8B HKD18.21B HKD7.63B HKD−2.95B HKDRevenue, FY2021: 11.17B HKDRevenue, FY2022: 20.91B HKDRevenue, FY2023: 26.15B HKDRevenue, FY2024: 10.9B HKDRevenue, FY2025: 14.93B HKDOperating income, FY2021: −19.19M HKDOperating income, FY2022: 290.59M HKDOperating income, FY2023: −299.2M HKDOperating income, FY2024: −308.4M HKDOperating income, FY2025: −177M HKDNet income, FY2021: 329.4M HKDNet income, FY2022: 285.9M HKDNet income, FY2023: −150.5M HKDNet income, FY2024: −87.4M HKDNet income, FY2025: −149.3M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 11.17B HKD. Revenue FY2022 20.91B HKD. Revenue FY2023 26.15B HKD. Revenue FY2024 10.9B HKD. Revenue FY2025 14.93B HKD. Operating income FY2021 −19.19M HKD. Operating income FY2022 290.59M HKD. Operating income FY2023 −299.2M HKD. Operating income FY2024 −308.4M HKD. Operating income FY2025 −177M HKD. Net income FY2021 329.4M HKD. Net income FY2022 285.9M HKD. Net income FY2023 −150.5M HKD. Net income FY2024 −87.4M HKD. Net income FY2025 −149.3M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue14.93B HKD10.9B HKD26.15B HKD20.91B HKD11.17B HKD
Cost of goods sold15.02B HKD11.1B HKD26.29B HKD20.49B HKD11.08B HKD
Gross profit−88.8M HKD−199.3M HKD−136.9M HKD421.46M HKD90.66M HKD
Selling, general, and administrative88.2M HKD109.1M HKD108.3M HKD130.87M HKD109.85M HKD
Operating expenses88.2M HKD109.1M HKD108.3M HKD130.87M HKD109.85M HKD
Interest income11.2M HKD20.7M HKD25.7M HKD7.63M HKD3.38M HKD
Interest expense4.2M HKD32.9M HKD54.6M HKD27.79M HKD13.93M HKD
Depreciation and amortization73.8M HKD173.3M HKD177.8M HKD132.59M HKD37.56M HKD
Operating income−177M HKD−308.4M HKD−299.2M HKD290.59M HKD−19.19M HKD
Net income−149.3M HKD−87.4M HKD−150.5M HKD285.9M HKD329.4M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Corporate action history

Stock split

Effective Mar 17, 2017

1,019:1,000

Stock split

Effective Dec 29, 2014

1,113:1,000

Stock split

Effective Nov 21, 2011

1:20

Stock split

Effective May 30, 2003

109:100

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