China New Energy (CNEL)
market vs.
industry GROWTH & VALUE
| Trailing 12m | ||||
| PE Ratio (ttm) | 1.02 |
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| Price to Book Value | 0.36 |
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market vs.
industry QUALITY
| Year End 31st Dec | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | TTM | 2012E | 2013E | CAGR / Avg | |
| Revenue | CNYm | ||||||||||
| Operating Profit | CNYm | ||||||||||
| Net Profit | CNYm | ||||||||||
| EPS Reported | CNY | ||||||||||
| EPS Normalised | CNY | ||||||||||
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| PE Ratio | x | ||||||||||
| PEG | x | ||||||||||
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| Op. Cashflow ps | CNY | ||||||||||
| Capex ps | CNY | ||||||||||
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| Cash etc | CNYm | ||||||||||
| Working Capital | CNYm | ||||||||||
| Net Fixed Assets | CNYm | ||||||||||
| Net Debt | CNYm | ||||||||||
| Book Value | CNYm | ||||||||||
| Average Shares | m | ||||||||||
| Book Value ps | CNY | -6.4% | |||||||||
FINANCIAL BRIEF: For the six months ended 30 June 2012, China New Energy Limited revenues decreased 1% to RMB48.7M. Net loss totaled RMB6M vs. income of RMB778K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Other Operating income decrease of 92% to RMB322K (income), Administrative expenses increase of 38% to RMB8.3M (expense). more »
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market vs.
industry RECENT HISTORY
| Latest interim period (ended 30th Jun '12) vs. prior year | ||||
| Sales Growth | % |
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BROKER CONSENSUS & FORECAST TREND
| Recommendation: | Strong Sell | Sell | Hold | Buy | Strong Buy |
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| No. of Analysts: |
China New Energy Limited is an investment holding company. The Company is engaged in providing turnkey technology solutions to manufacturers of ethanol, edible alcohol and acetic acid from a range of bio-resources, including corn, sugarcane, cassava and other bio-resource in China. Its businesses include technology and engineering solutions, and investment. The Company operates in two segments: equipment, procurement and construction (EPC) of plants producing ethanol and ethanol downstream products (EPC activities), and Value-added and other value added services (VAS) services. The Company, through its wholly owned subsidiary, Guangdong Zhongke Tianyuan New Energy Science and Technology Co. Ltd (ZKTY), provides process technology, engineering designs, plant manufacturing and operational services in connection with the production of, inter alia, fuel ethanol, edible ethanol, biobutanol, bioacetic acid and other chemicals from agricultural plant materials and waste.
Directors: Weijun Yu (Chmn.) 47, Zhaoxing Tang (CEO) 42,
No. of Employees: 83 No. of Shareholders: n/a
| Last Annual | December 31st, 2011 |
| Last Interim | June 30th, 2012 |
| Shares in Issue | 316,616,862 |
| Free Float | 33.1m (10.5%) |
| Sector | Energy |
| Industry | Oil & Gas Related Equipment and Services |
| Index | |
| Exchange |
London Stock Exchange (AIM) |
| Eligible for | an ISA? a SIPP? |
| Address | Queensway House,Hilgrove Street, SAINT HELIER, JE1 1ES, Jersey |
| Web | http://www.chinanewenergy.co.uk |
| Phone | + |
| Contact | () |
| Registrar | Computershare Investor Services (Jersey) Limited |
| Auditors | Crowe Clark Whitehill LLP |
| 20th Nov '12 | Change of Adviser |
| 2nd Oct '12 | Total Voting Rights |
| 28th Sep '12 | Half Yearly Report |
| 20th Sep '12 | Issue of Equity |
| 27th Jul '12 | Change of Adviser |
| 18th Jul '12 | Trading Update |
