China Energy Development Holdings Limited logo

China Energy Development Holdings Limited

0228.HK

HKSEEnergyOil & Gas Exploration & Production

Latest quote

HK$0.96

HK$0.00 · 0.00%

Aug 24, 1:32 PM HKTData delayed

0228.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Energy Development Holdings Limited operates as an investment holding company, primarily focused on the discovery, extraction, processing, and distribution of natural gas. Its business activities are diversified across three principal divisions: the natural gas segment, which covers its exploration, production, and distribution efforts; a food and beverage sales division; and a financial services arm specializing in money lending. Specifically, the company is engaged in drilling, prospecting for, developing, and producing crude oil and/or natural gas from sites within Xinjiang. Furthermore, it facilitates the delivery of natural gas throughout the People's Republic of China via its extensive pipeline infrastructure. Complementing its energy ventures, the firm also markets food and beverages and extends credit facilities to external parties. Incorporated in 2001, its corporate headquarters are situated in Central, Hong Kong.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
HK
CEO
Dong Liu
Listed since
Feb 18, 2002
Employees
50

Market position

Day range

Current HK$0.96

52-week range

Current HK$0.96

Open
HK$0.96
Previous close
HK$0.96
Volume
464.75K
3.39× average
Average volume
137.14K
Average daily volume
Market cap
295.13M HKD
Beta
0.54
Market reference 1
50-day average
HK$1.1994
-19.96% below average
200-day average
HK$1.4903
-35.58% below average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
0.86
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends90%61%31%2%Gross margin, FY2021: 53.45%Gross margin, FY2022: 53.51%Gross margin, FY2023: 56.46%Gross margin, FY2024: 82.80%Gross margin, FY2025: 46.91%Operating margin, FY2021: 39.91%Operating margin, FY2022: 41.50%Operating margin, FY2023: 42.54%Operating margin, FY2024: 67.17%Operating margin, FY2025: 27.65%Net margin, FY2021: 35.01%Net margin, FY2022: 25.78%Net margin, FY2023: 20.94%Net margin, FY2024: 9.11%Net margin, FY2025: 11.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 53.45%. Gross margin FY2022 53.51%. Gross margin FY2023 56.46%. Gross margin FY2024 82.80%. Gross margin FY2025 46.91%. Operating margin FY2021 39.91%. Operating margin FY2022 41.50%. Operating margin FY2023 42.54%. Operating margin FY2024 67.17%. Operating margin FY2025 27.65%. Net margin FY2021 35.01%. Net margin FY2022 25.78%. Net margin FY2023 20.94%. Net margin FY2024 9.11%. Net margin FY2025 11.05%.

Income trends

Revenue

234.26M HKD-21.94%

Operating income

64.76M HKD-67.87%

Net income

25.87M HKD-5.38%
Income trends across reported periods386.36M HKD255.27M HKD124.19M HKD−6.9M HKDRevenue, FY2021: 353.59M HKDRevenue, FY2022: 323.03M HKDRevenue, FY2023: 332.03M HKDRevenue, FY2024: 300.1M HKDRevenue, FY2025: 234.26M HKDOperating income, FY2021: 141.13M HKDOperating income, FY2022: 134.06M HKDOperating income, FY2023: 141.26M HKDOperating income, FY2024: 201.56M HKDOperating income, FY2025: 64.76M HKDNet income, FY2021: 123.78M HKDNet income, FY2022: 83.27M HKDNet income, FY2023: 69.53M HKDNet income, FY2024: 27.34M HKDNet income, FY2025: 25.87M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 353.59M HKD. Revenue FY2022 323.03M HKD. Revenue FY2023 332.03M HKD. Revenue FY2024 300.1M HKD. Revenue FY2025 234.26M HKD. Operating income FY2021 141.13M HKD. Operating income FY2022 134.06M HKD. Operating income FY2023 141.26M HKD. Operating income FY2024 201.56M HKD. Operating income FY2025 64.76M HKD. Net income FY2021 123.78M HKD. Net income FY2022 83.27M HKD. Net income FY2023 69.53M HKD. Net income FY2024 27.34M HKD. Net income FY2025 25.87M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue234.26M HKD300.1M HKD332.03M HKD323.03M HKD353.59M HKD
Cost of goods sold124.36M HKD51.63M HKD144.56M HKD150.18M HKD164.6M HKD
Gross profit109.89M HKD248.47M HKD187.47M HKD172.85M HKD188.99M HKD
Selling, general, and administrative21.36M HKD46.91M HKD46.21M HKD51.21M HKD59.28M HKD
Operating expenses45.13M HKD46.91M HKD46.21M HKD38.79M HKD47.86M HKD
Interest income25K HKD239K HKD1.02M HKD1.79M HKD1.72M HKD
Interest expense19.74M HKD36.06M HKD49.18M HKD54.62M HKD46.28M HKD
Depreciation and amortization48.88M HKD62.05M HKD71.21M HKD74.75M HKD87.29M HKD
Operating income64.76M HKD201.56M HKD141.26M HKD134.06M HKD141.13M HKD
Net income25.87M HKD27.34M HKD69.53M HKD83.27M HKD123.78M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.050.02-0.01-0.04Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q4 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.005, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.004, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 22, 2022: actual 0.005, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual 0.002, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 0.003, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 16, 2024: actual 0.003, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 29, 2024: actual 0.002, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.001, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates210.67M182.51M154.35M126.19MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q4 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 202.56M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 151.02M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 22, 2022: actual 185.56M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual 137.47M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 168.28M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 16, 2024: actual 163.75M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 29, 2024: actual 165.81M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 134.29M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Nov 3, 2025

1:40

Stock split

Effective Apr 11, 2005

1:5

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