Xinyi Solar Holdings (SZSC:968) - Stock Price, News & Analysis

968 Stock Overview

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People’s Republic of China, rest of Asia, North America, Europe, and internationally.

About the company

968 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 17.8% below our estimate of its fair value

Earnings are forecast to grow 17.19% per year

Earnings grew by 9.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Volatile share price over the past 3 months

Xinyi Solar Holdings Limited Competitors

Flat Glass Group

SEHK:6865

HK$59.8b

ASMPT

SEHK:522

HK$41.9b

GCL Technology Holdings

SEHK:3800

HK$29.9b

Pentamaster International

SEHK:1665

HK$1.8b

Price History & Performance

Summary of all time highs, changes and price drops for Xinyi Solar Holdings
Historical stock prices
Current Share Price	HK$5.40
52 Week High	HK$9.65
52 Week Low	HK$3.42
Beta	1.23
1 Month Change	-13.60%
3 Month Change	36.02%
1 Year Change	-40.07%
3 Year Change	-60.00%
5 Year Change	20.27%
Change since IPO	110.94%

Recent updates

Shareholder Returns

	968	HK Semiconductor	HK Market
7D	-15.6%	-8.0%	-2.8%
1Y	-40.1%	-40.2%	-15.0%

Return vs Industry: 968 matched the Hong Kong Semiconductor industry which returned -40.2% over the past year.

Return vs Market: 968 underperformed the Hong Kong Market which returned -16.4% over the past year.

Price Volatility

Is 968's price volatile compared to industry and market?
968 volatility
968 Average Weekly Movement	11.0%
Semiconductor Industry Average Movement	8.8%
Market Average Movement	7.4%
10% most volatile stocks in HK Market	14.8%
10% least volatile stocks in HK Market	3.8%

Stable Share Price: 968's share price has been volatile over the past 3 months.

Volatility Over Time: 968's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

Founded	Employees	CEO	Website
2006	11,063	Shing Put Lee	www.xinyisolar.com

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People’s Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses to photovoltaic module manufacturers.

Xinyi Solar Holdings Limited Fundamentals Summary

How do Xinyi Solar Holdings's earnings and revenue compare to its market cap?
968 fundamental statistics
Market cap	HK$48.11b
Earnings (TTM)	HK$4.19b
Revenue (TTM)	HK$26.63b

11.5x

P/E Ratio

1.8x

P/S Ratio

Is 968 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
968 income statement (TTM)
Revenue	HK$26.63b
Cost of Revenue	HK$19.54b
Gross Profit	HK$7.09b
Other Expenses	HK$2.90b
Earnings	HK$4.19b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.47
Gross Margin	26.62%
Net Profit Margin	15.72%
Debt/Equity Ratio	27.7%

How did 968 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

48%

Payout Ratio

Does 968 pay a reliable dividends?

See 968 dividend history and benchmarks

When do you need to buy 968 by to receive an upcoming dividend?
Xinyi Solar Holdings dividend dates
Ex Dividend Date	Jun 04 2024
Dividend Pay Date	Aug 07 2024
Days until Ex dividend	47 days
Days until Dividend pay date	111 days

Does 968 pay a reliable dividends?

See 968 dividend history and benchmarks

968 Stock Overview

Rewards

Risk Analysis

Xinyi Solar Holdings Limited Competitors

SEHK:6865

HK$59.8b

SEHK:522

HK$41.9b

SEHK:3800

HK$29.9b

SEHK:1665

HK$1.8b

Price History & Performance

Recent News & Updates

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 37%

Final dividend of HK$0.15 announced

Full year 2023 earnings released: EPS: HK$0.47 (vs HK$0.43 in FY 2022)

Xinyi Solar Holdings Limited Announces Change of Chief Executive Officer, Effective 1 April 2024

Xinyi Solar Holdings Limited to Report Q4, 2023 Results on Feb 28, 2024

Recent updates

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 37%

Final dividend of HK$0.15 announced

Full year 2023 earnings released: EPS: HK$0.47 (vs HK$0.43 in FY 2022)

Xinyi Solar Holdings Limited Announces Change of Chief Executive Officer, Effective 1 April 2024

Xinyi Solar Holdings Limited to Report Q4, 2023 Results on Feb 28, 2024

Non Executive Vice Chairman recently bought HK$4.9m worth of stock

Investor sentiment deteriorates as stock falls 16%

CEO & Executive Director recently bought HK$2.8m worth of stock

First half 2023 earnings released: EPS: HK$0.16 (vs HK$0.21 in 1H 2022)

Upcoming dividend of HK$0.075 per share at 2.0% yield

Xinyi Solar Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 6 September 2023

First half 2023 earnings released: EPS: HK$0.16 (vs HK$0.21 in 1H 2022)

Xinyi Solar Holdings Limited Announces Re-Designation of Directors

Now 20% undervalued after recent price drop

Xinyi Solar Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.10 per share at 2.5% yield

Full year 2022 earnings released: EPS: HK$0.43 (vs HK$0.56 in FY 2021)

Full year 2022 earnings released: EPS: HK$0.43 (vs HK$0.56 in FY 2021)

Xinyi Solar Holdings Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

Less than half of directors are independent

First half 2022 earnings released: EPS: HK$0.21 (vs HK$0.35 in 1H 2021)

Upcoming dividend of HK$0.10 per share

Xinyi Solar Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable 06 September 2022

First half 2022 earnings released: EPS: HK$0.21 (vs HK$0.35 in 1H 2021)

Xinyi Solar Holdings Limited to Report First Half, 2022 Results on Aug 01, 2022

Xinyi Solar Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ending 30 June 2022

Xinyi Solar Holdings Limited Declares A Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.10 per share

Full year 2021 earnings released: EPS: HK$0.56 (vs HK$0.55 in FY 2020)

Xinyi Solar Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payable on or About 6 July 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Xinyi Solar Holdings Limited Announces Cash Dividend, Payable 06 July 2022

Xinyi Solar Holdings Limited to Report Fiscal Year 2021 Results on Feb 28, 2022

Investor sentiment deteriorated over the past week

Insider recently bought HK$6.4m worth of stock

First half 2021 earnings released: EPS HK$0.35 (vs HK$0.17 in 1H 2020)

Investor sentiment improved over the past week

Upcoming dividend of HK$0.17 per share

First half 2021 earnings released: EPS HK$0.35 (vs HK$0.17 in 1H 2020)

Xinyi Solar Holdings Limited Provides Earnings Guidance for the Six Months Ending 30 June 2021

Xinyi Solar Holdings Limited Approves Final Dividend for the Year Ended 31 December 2020

Upcoming dividend of HK$0.17 per share

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2020 earnings released: EPS HK$0.55 (vs HK$0.30 in FY 2019)

New 90-day low: HK$12.86

Xinyi Solar Holdings Limited, Annual General Meeting, May 28, 2021

Full year 2020 earnings released: EPS HK$0.55 (vs HK$0.30 in FY 2019)

Revenue misses expectations

Investor sentiment deteriorated over the past week

Xinyi Solar Holdings Limited to Report Fiscal Year 2020 Results on Mar 01, 2021

Investor sentiment deteriorated over the past week

New 90-day high: HK$21.60

Xinyi Solar Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 3.9 billion.

Investor sentiment improved over the past week

New 90-day high: HK$16.20