Xinte Energy
Market Cap
HK$6.8b
Last Updated
2020/02/19 13:17 UTC
Data Sources
Company Financials
Executive Summary
Xinte Energy Co., Ltd. operates as a solar-grade polysilicon manufacturer and photovoltaic (PV) project developer in the People’s Republic of China and internationally.
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with questionable track record.
Similar Companies
Share Price & News
How has Xinte Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1799 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.6%
1799
0.7%
HK Construction
0.6%
HK Market
1 Year Return
-10.5%
1799
-26.2%
HK Construction
-4.5%
HK Market
Return vs Industry: 1799 exceeded the Hong Kong Construction industry which returned -26.2% over the past year.
Return vs Market: 1799 underperformed the Hong Kong Market which returned -4.5% over the past year.
Shareholder returns
| 1799 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 0.7% | 0.6% |
| 30 Day | 14.0% | -5.5% | -5.2% |
| 90 Day | 11.8% | -2.8% | 2.3% |
| 1 Year | -8.0%-10.5% | -22.7%-26.2% | -1.0%-4.5% |
| 3 Year | -17.5%-23.8% | -35.2%-42.2% | 14.4%2.9% |
| 5 Year | n/a | -24.8%-35.9% | 15.5%-3.8% |
Price Volatility Vs. Market
How volatile is Xinte Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why We’re Not Keen On Xinte Energy Co., Ltd.’s (HKG:1799) 3.5% Return On Capital1 month ago | Simply Wall St
Is Xinte Energy Co., Ltd.'s (HKG:1799) CEO Paid Enough Relative To Peers?1 month ago | Simply Wall St
Is Xinte Energy Co., Ltd.'s (HKG:1799) High P/E Ratio A Problem For Investors?Valuation
Is Xinte Energy undervalued compared to its fair value and its price relative to the market?
11.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1799 (HK$5.7) is trading above our estimate of fair value (HK$2.15)
Significantly Below Fair Value: 1799 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1799 is poor value based on its PE Ratio (11.7x) compared to the Construction industry average (8.8x).
PE vs Market: 1799 is poor value based on its PE Ratio (11.7x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1799's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1799 is good value based on its PB Ratio (0.5x) compared to the HK Construction industry average (1x).
Next Steps
Future Growth
How is Xinte Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.9%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Xinte Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of 1799’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Xinte Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Xinte Energy performed over the past 5 years?
12.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1799 has high quality earnings.
Growing Profit Margin: 1799's current net profit margins (4.5%) are lower than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: 1799's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: 1799's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1799 had negative earnings growth (-59.4%) over the past year, making it difficult to compare to the Construction industry average (-5.4%).
Return on Equity
High ROE: 1799's Return on Equity (4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Xinte Energy's financial position?
Financial Position Analysis
Short Term Liabilities: 1799's short term assets (CN¥15.5B) exceed its short term liabilities (CN¥12.7B).
Long Term Liabilities: 1799's short term assets (CN¥15.5B) exceed its long term liabilities (CN¥10.7B).
Debt to Equity History and Analysis
Debt Level: 1799's debt to equity ratio (95.2%) is considered high.
Reducing Debt: 1799's debt to equity ratio has reduced from 207.6% to 95.2% over the past 5 years.
Debt Coverage: 1799's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 1799's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Inventory Level: 1799 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1799's debt is covered by short term assets (assets are 1.2x debt).
Next Steps
Dividend
What is Xinte Energy's current dividend yield, its reliability and sustainability?
2.92%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1799's dividend (2.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 1799's dividend (2.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.38%).
Stability and Growth of Payments
Stable Dividend: 1799 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1799's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.3%), 1799's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.7yrs
Average management tenure
CEO
Bo Yin (40yo)
3.9yrs
Tenure
CN¥437,000
Compensation
Mr. Bo Yin has been General Manager at Xinte Energy Co., Ltd. since March 3, 2016. Mr. Yin served as Deputy General Manager at Xinte Energy Co., Ltd. until March 3, 2016. He has been Executive Director at ...
CEO Compensation Analysis
Compensation vs Market: Bo's total compensation ($USD62.45K) is below average for companies of similar size in the Hong Kong market ($USD496.02K).
Compensation vs Earnings: Bo's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.7yrs | CN¥1.17m | no data | |
| GM & Executive Director | 3.9yrs | CN¥437.00k | no data | |
| Deputy GM & Executive Director | 1.7yrs | CN¥1.83m | no data | |
| Chief Accountant | 4.7yrs | no data | no data | |
| Deputy General Manager | 7.2yrs | no data | no data | |
| Chief Mechanical Engineer | 4.7yrs | no data | no data | |
| Deputy General Manager | 0yrs | no data | no data | |
| Deputy General Manager | 1.7yrs | no data | no data | |
| Deputy General Manager | 1.7yrs | no data | no data | |
| Joint Company Secretary | 4.7yrs | no data | no data |
4.7yrs
Average Tenure
42yo
Average Age
Experienced Management: 1799's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.7yrs | CN¥1.17m | no data | |
| GM & Executive Director | 3.9yrs | CN¥437.00k | no data | |
| Deputy GM & Executive Director | 1.7yrs | CN¥1.83m | no data | |
| Non-Executive Director | 12yrs | no data | no data | |
| Non-Executive Director | 12yrs | no data | no data | |
| Independent Non-Executive Director | 4.7yrs | CN¥120.00k | no data | |
| Independent Non-Executive Director | 4.7yrs | CN¥120.00k | no data | |
| Independent Non-Executive Director | 4.7yrs | CN¥120.00k | no data | |
| Chairman of the Board of Supervisors | 0yrs | no data | no data | |
| Non-Executive Director | 0.7yrs | no data | no data |
4.7yrs
Average Tenure
47.5yo
Average Age
Experienced Board: 1799's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.
Top Shareholders
Company Information
Xinte Energy Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Xinte Energy Co., Ltd.
- Ticker: 1799
- Exchange: SEHK
- Founded: 2008
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$6.840b
- Shares outstanding: 1.20b
- Website: https://www.xtnysolar.com
Number of Employees
Location
- Xinte Energy Co., Ltd.
- No. 2499, Mianguangdong Street
- Ganquanpu Economic and Technological Development Zone (Indus
- Urumqi
- Xinjiang Uygur Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1799 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2015 |
Biography
Xinte Energy Co., Ltd. operates as a solar-grade polysilicon manufacturer and photovoltaic (PV) project developer in the People’s Republic of China and internationally. The company operates through Polysilicon Production; Engineering and Construction Contracting (ECC); Build-Own-Operate (BOO); and Others segments. It generates electricity through coal, wind, solar, and PV power plants; and offers ECC services to solar and wind power plants and systems. In addition, the company manufactures inverters; and PV wafers and modules, as well as static var generator products. Further, it offers consulting, design, research and development, and logistics services. The company was founded in 2008 and is headquartered in Urumqi, the People’s Republic of China. Xinte Energy Co., Ltd. is a subsidiary of TBEA Co., Ltd.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 13:17 |
| End of Day Share Price | 2020/02/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.