---
title: "華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: "華商能源科技股份有限公司"
industry: "能源設備與服務"
---

# 華商能源科技股份有限公司 (00206.HK)

| Item | Detail |
|------|--------|
| Industry | 能源設備與服務 |
| Location | 港股市場 |
| 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）從事海上風電安裝及運營維護、清潔綠色能源及核心裝備技術、產品和服務業務。該公司服務於石油天然氣勘探行業以及海洋工程資產管理業務。該公司提供整個海上平臺的鑽井成套服務，並為生產平臺、修井平臺以及海上油氣田鑽井後所需的其他配套平臺提供基礎設施解決方案和自升式平臺解決方案。該公司還為各種海上鑽井平臺或陸地鑽機開發、設計、製造、安裝和調試幾乎所有高端設備。該公司提供鑽井液循環管理系統（EFMS），實現鑽井過程中泥漿零排放。該公司還提供鑽機維護和維修供應以及全球鑽機服務。

## 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 - 華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 | 力鴻檢驗 (HK.1586) | B | C | A | B | B | B |
| 03 | 中海油田服務 (HK.2883) | C | C | B | C | C | C |
| 04 | 中石化油服 (HK.1033) | C | C | A | E | B | C |
| 05 | 安東油田服務 (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.