---
title: "华商能源科技股份有限公司 (00206.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/00206.HK.md"
symbol: "00206.HK"
name: "华商能源科技股份有限公司"
industry: "能源设备与服务"
---

# 华商能源科技股份有限公司 (00206.HK)

| Item | Detail |
|------|--------|
| Industry | 能源设备与服务 |
| Location | 港股市场 |
| Website | [www.cm-energy.com](https://www.cm-energy.com) |

## Company Profile

CM Energy Tech Co Ltd（原名：CMIC Ocean En Tech Holding Co Ltd）从事海上风电安装及运营维护、清洁绿色能源及核心装备技术、产品和服务业务。该公司服务于石油天然气勘探行业以及海洋工程资产管理业务。该公司提供整个海上平台的钻井成套服务，并为生产平台、修井平台以及海上油气田钻井后所需的其他配套平台提供基础设施解决方案和自升式平台解决方案。该公司还为各种海上钻井平台或陆地钻机开发、设计、制造、安装和调试几乎所有高端设备。该公司提供钻井液循环管理系统（EFMS），实现钻井过程中泥浆零排放。该公司还提供钻机维护和维修供应以及全球钻机服务。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-20T04:30:12.000Z

**Overall: C (0.51)**

**Industry**: Energy Equipment and Services

| Metric | Value |
|--------|-------|
| Industry Ranking | 8 / 16 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -8.91% |  |
| Net Profit YoY | -25.53% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 1.19 |  |
| Dividend Ratio | 1.92% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 1.69B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 1.18B |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.97% | C |
| Profit Margin | 4.68% | C |
| Gross Margin | 24.78% | C |

#### Growth Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -8.91% | D |
| Net Profit YoY | -25.53% | D |
| Total Assets YoY | -1.94% | D |
| Net Assets YoY | 3.47% | C |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 2138.66% | A |
| OCF YoY | -8.91% | D |

#### Operating Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.50 | C |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 39.27% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 华商能源科技股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.97%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.68%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "24.78%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "D",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-8.91%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-25.53%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "-1.94%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "3.47%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "2138.66%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-8.91%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "C",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.50",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "39.27%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 惠生工程 (HK.2236) | C | A | B | E | A | B |
| 02 | 力鸿检验 (HK.1586) | B | C | A | B | B | B |
| 03 | 中海油田服务 (HK.2883) | C | C | B | C | C | C |
| 04 | 中石化油服 (HK.1033) | C | C | A | E | B | C |
| 05 | 安东油田服务 (HK.3337) | D | B | E | C | B | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 29.69 | 8/16 | 16.01 | 12.09 | 10.45 |
| PB | 1.16 | 11/16 | 0.63 | 0.58 | 0.54 |
| PS (TTM) | 1.39 | 13/16 | 0.75 | 0.65 | 0.58 |
| Dividend Yield | 1.96% | 4/16 | 4.33% | 3.85% | 3.57% |

## References

- [Company Overview](https://longbridge.com/en/quote/00206.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/00206.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/00206.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
