---
title: "CHINA ENERGY (02960.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/02960.HK.md"
symbol: "02960.HK"
name: "CHINA ENERGY"
industry: "油氣勘探與生產"
---

# CHINA ENERGY (02960.HK)

| Item | Detail |
|------|--------|
| Industry | 油氣勘探與生產 |

## Company Profile

中國能源開發控股有限公司是一家主要從事天然氣勘探、 生產及分銷業務的投資控股公司。該公司通過三大分部運營。天然氣勘探、生產及分銷分部從事天然氣勘探、開發、生產及銷售及使用管道分銷天然氣業務。銷售食品及飲料業務分部從事銷售食品及飲料之業務。放債業務分部提供貸款予第三方。

## 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: 2026-02-19T04:30:13.000Z

**Overall: C (0.56)**

**Industry**: Oil and Gas Exploration and Production

| Metric | Value |
|--------|-------|
| 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 | -23.19% |  |
| Net Profit YoY | -93.32% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.00 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 0.00 |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 253.12M |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 0.25% | D |
| Profit Margin | 1.80% | C |
| Gross Margin | 78.54% | A |

#### Growth Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -23.19% | E |
| Net Profit YoY | -93.32% | E |
| Total Assets YoY | 1.20% | C |
| Net Assets YoY | 2.09% | C |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 5568.13% | A |
| OCF YoY | -23.19% | E |

#### Operating Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.11 | E |

#### Debt Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 21.06% | A |


```chart-data:radar
{
  "title": "Longbridge Financial Score - CHINA ENERGY",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "0.25%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "1.80%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "78.54%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "E",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-23.19%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-93.32%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "1.20%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.09%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "5568.13%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-23.19%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "E",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.11",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "A",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "21.06%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 聯合能源集團 (HK.467) | C | B | B | C | B | B |
| 02 | 金山能源 (HK.663) | B | A | D | B | B | B |
| 03 | 中國海洋石油 (HK.883) | A | D | C | B | D | C |
| 04 | 中國海洋石油-R (HK.80883) | A | D | C | B | D | C |
| 05 | 中能控股 (HK.228) | C | E | E | A | C | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 99.01 | 8/14 | 99.01 | 99.01 | 90.99 |
| PB | 0.24 | 2/14 | 0.24 | 0.24 | 0.22 |
| PS (TTM) | 1.78 | 9/14 | 1.78 | 1.78 | 1.63 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/02960.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/02960.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/02960.HK/topics.md) - Community topics and discussions

---

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