Mongolia Energy Corporation Limited logo

Mongolia Energy Corporation Limited

0276.HK

HKSEEnergyCoal

Latest quote

HK$0.52

−HK$0.025 · -4.59%

Aug 24, 9:54 AM HKT

0276.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Hong Kong-based Mongolia Energy Corporation Limited operates as an investment holding company with a focus on coal mining, processing, and various other resource-related ventures across China and Mongolia. The company markets both metallurgical (coking) and steam (thermal) coal. A key undertaking for MEC is the Khushuut coking coal project, situated in Western Mongolia. It holds substantial exploration and mining concessions, covering approximately 13,981 hectares for coal and ferrous resources in Western Mongolia, specifically in the Khushuut, Olon Bulag, and Bayan-Ulgii regions. Furthermore, the firm delivers management, secretarial, nominee, and mining/exploration advisory services, engages in coal trading, and manages coal washing facilities.

Industry
Coal
Sector
Energy
Headquarters
HK
CEO
Lin Shing Lo
Listed since
Aug 23, 1972
Employees
777

Market position

52-week range

Current HK$0.52

Open
HK$0.52
Previous close
HK$0.545
Volume
60K
0.29× average
Average volume
204.11K
Average daily volume
Market cap
97.83M HKD
Beta
0.01
Market reference 1
50-day average
HK$0.533
-2.44% below average
200-day average
HK$0.6229
-16.51% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.32B HKD
P/E (TTM)
0.21×
P/B (TTM)
-0.03×
P/S (TTM)
0.05×
EV / EBITDA
56.39×
Earnings yield
501.77%
Free cash flow yield
-20.71%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
19.44%
Operating margin
2.65%
Net margin
23.40%
Return on equity
-13.25%
Return on assets
14.60%
Return on invested capital
2.36%

Financial health

Debt / equity
-1.48×
Current ratio
0.69×
Altman Z-score
-0.91
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends64%20%-23%-66%Gross margin, FY2022: 38.40%Gross margin, FY2023: 37.35%Gross margin, FY2024: 37.40%Gross margin, FY2025: 29.75%Gross margin, FY2026: 19.38%Operating margin, FY2022: 28.82%Operating margin, FY2023: 29.12%Operating margin, FY2024: 26.71%Operating margin, FY2025: 19.25%Operating margin, FY2026: 2.59%Net margin, FY2022: -22.34%Net margin, FY2023: -55.18%Net margin, FY2024: 52.88%Net margin, FY2025: -48.11%Net margin, FY2026: 23.40%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 38.40%. Gross margin FY2023 37.35%. Gross margin FY2024 37.40%. Gross margin FY2025 29.75%. Gross margin FY2026 19.38%. Operating margin FY2022 28.82%. Operating margin FY2023 29.12%. Operating margin FY2024 26.71%. Operating margin FY2025 19.25%. Operating margin FY2026 2.59%. Net margin FY2022 -22.34%. Net margin FY2023 -55.18%. Net margin FY2024 52.88%. Net margin FY2025 -48.11%. Net margin FY2026 23.40%.

Income trends

Revenue

2.02B HKD-29.49%

Operating income

52.26M HKD-90.51%

Net income

471.98M HKD+1.85B HKD
Income trends across reported periods3.65B HKD1.74B HKD−170.2M HKD−2.08B HKDRevenue, FY2022: 1.56B HKDRevenue, FY2023: 2.91B HKDRevenue, FY2024: 3.17B HKDRevenue, FY2025: 2.86B HKDRevenue, FY2026: 2.02B HKDOperating income, FY2022: 450.33M HKDOperating income, FY2023: 846M HKDOperating income, FY2024: 847.42M HKDOperating income, FY2025: 550.91M HKDOperating income, FY2026: 52.26M HKDNet income, FY2022: −349.05M HKDNet income, FY2023: −1.6B HKDNet income, FY2024: 1.68B HKDNet income, FY2025: −1.38B HKDNet income, FY2026: 471.98M HKDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.56B HKD. Revenue FY2023 2.91B HKD. Revenue FY2024 3.17B HKD. Revenue FY2025 2.86B HKD. Revenue FY2026 2.02B HKD. Operating income FY2022 450.33M HKD. Operating income FY2023 846M HKD. Operating income FY2024 847.42M HKD. Operating income FY2025 550.91M HKD. Operating income FY2026 52.26M HKD. Net income FY2022 −349.05M HKD. Net income FY2023 −1.6B HKD. Net income FY2024 1.68B HKD. Net income FY2025 −1.38B HKD. Net income FY2026 471.98M HKD.
Metric (HKD)FY2026FY2025FY2024FY2023FY2022
Revenue2.02B HKD2.86B HKD3.17B HKD2.91B HKD1.56B HKD
Cost of goods sold1.63B HKD2.01B HKD1.99B HKD1.82B HKD962.63M HKD
Gross profit390.88M HKD851.17M HKD1.19B HKD1.09B HKD600.09M HKD
Selling, general, and administrative338.62M HKD303.47M HKD336.42M HKD239.09M HKD149.76M HKD
Operating expenses338.62M HKD300.26M HKD336.42M HKD239.09M HKD149.76M HKD
Interest income501K HKD732K HKD895K HKD955K HKD409K HKD
Interest expense552.03M HKD653.8M HKD655.86M HKD599.21M HKD543.37M HKD
Depreciation and amortization42.16M HKD88.91M HKD60.91M HKD82.16M HKD80.94M HKD
Operating income52.26M HKD550.91M HKD847.42M HKD846M HKD450.33M HKD
Net income471.98M HKD−1.38B HKD1.68B HKD−1.6B HKD−349.05M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-2.35

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates13.146.80.47-5.87Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q4 2022, reported Nov 25, 2022: actual -3.97, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 19, 2023: actual -4.56, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 27, 2023: actual -2.91, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 19, 2024: actual 11.83, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 25, 2024: actual -2.35, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.94B1.62B1.29B964.42MQ4 '22Q2 '23Q4 '23Q2 '24Q4 '24
Q4 2022, reported Nov 25, 2022: actual 1.87B HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 19, 2023: actual 1.04B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 27, 2023: actual 1.56B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 19, 2024: actual 1.62B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 25, 2024: actual 1.7B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Mar 4, 2020

1:10

Stock split

Effective Nov 13, 2014

1:4

Stock split

Effective Jan 9, 2006

57:50

Stock split

Effective Jan 26, 2005

1,151:1,000

Stock split

Effective Aug 24, 2004

1:20

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