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NewOcean Energy Holdings Limited (Hong Kong SAR, China)

Main Activities: Petroleum and Petroleum Products Merchant Wholesalers | Gasoline Stations | Management of Companies and Enterprises
Secondary Activities: Household Appliances and Electrical and Electronic Goods Merchant Wholesalers
Full name: NewOcean Energy Holdings Limited Profile Updated: July 08, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English & Chinese Download a sample report

NewOcean Energy Holdings Limited, an investment holding company, is primarily engaged in the sales and distribution of liquefied petroleum gas (LPG). The Company offers LPG to auto-gas operators, wholesalers, bottled LPG end-users, auto-gas end-users, etc. It also sells oil products to wholesalers; and owns and leases oil vessels. The Company is also involved in trading of electronic products, such as integrated circuits, mobile phones, etc. The Company was incorporated in 1998 and is headquartered in Wanchai, Hong Kong.

Headquarters
23rd Floor of The Sun＇s Group Centre, No. 189-200 Gloucester Road, Wanchai, Hong Kong
Hong Kong; Hong Kong;

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Website: http://www.newoceanhk.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Chairman and Executive Director
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Independent Non-Exec Director
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Independent Non-Exec Director
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Independent Non-Exec Director
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Independent Non-Exec Director
Ownership Details
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40.62%
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5.65%
Subsidiaries
Baifuyang Macao Commercial Offshore Limited
100%
Fruto International Macao Commercial Offshore Limited
100%
Lianxin Energy Development CompanyLimited
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HKD. Absolute financial data is included in the purchased report.
Net sales revenue
-52.44%▼
Total operating revenue
-52.44%▼
Operating profit (EBIT)
97.68%▲
EBITDA
N/A
Net Profit (Loss) for the Period
87.42%▲
Total assets
-21.91%▼
Total equity
-34.06%▼
Operating Profit Margin (ROS)
7.97%▲
Net Profit Margin
7.85%▲
Return on Equity (ROE)
16.7%▲
Debt to Equity Ratio
39.11%▲
Quick Ratio
-0%
Cash Ratio
-0.1%▼

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