company background image
438 logo

IRICO Group New Energy SEHK:438 Stock Report

Last Price

HK$2.90

Market Cap

HK$529.0m

7D

-2.0%

1Y

-64.6%

Updated

24 Apr, 2024

Data

Company Financials

IRICO Group New Energy Company Limited

SEHK:438 Stock Report

Market Cap: HK$529.0m

438 Stock Overview

IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, manufacturing, and sale of solar photovoltaic glass in the People’s Republic of China.

438 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

IRICO Group New Energy Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IRICO Group New Energy
Historical stock prices
Current Share PriceHK$2.90
52 Week HighHK$8.78
52 Week LowHK$2.21
Beta0.42
1 Month Change-9.09%
3 Month Change-3.33%
1 Year Change-64.59%
3 Year Change-89.12%
5 Year Change-77.69%
Change since IPO-87.44%

Recent News & Updates

Getting In Cheap On IRICO Group New Energy Company Limited (HKG:438) Is Unlikely

Dec 19
Getting In Cheap On IRICO Group New Energy Company Limited (HKG:438) Is Unlikely

Recent updates

Getting In Cheap On IRICO Group New Energy Company Limited (HKG:438) Is Unlikely

Dec 19
Getting In Cheap On IRICO Group New Energy Company Limited (HKG:438) Is Unlikely

IRICO Group New Energy (HKG:438) Will Be Hoping To Turn Its Returns On Capital Around

Aug 10
IRICO Group New Energy (HKG:438) Will Be Hoping To Turn Its Returns On Capital Around

Capital Allocation Trends At IRICO Group New Energy (HKG:438) Aren't Ideal

Nov 08
Capital Allocation Trends At IRICO Group New Energy (HKG:438) Aren't Ideal

Does IRICO Group New Energy (HKG:438) Have A Healthy Balance Sheet?

Sep 30
Does IRICO Group New Energy (HKG:438) Have A Healthy Balance Sheet?

Here's What To Make Of IRICO Group New Energy's (HKG:438) Decelerating Rates Of Return

Jul 25
Here's What To Make Of IRICO Group New Energy's (HKG:438) Decelerating Rates Of Return

Is IRICO Group New Energy (HKG:438) A Risky Investment?

Apr 12
Is IRICO Group New Energy (HKG:438) A Risky Investment?

Investors Will Want IRICO Group New Energy's (HKG:438) Growth In ROCE To Persist

Jan 27
Investors Will Want IRICO Group New Energy's (HKG:438) Growth In ROCE To Persist

Estimating The Intrinsic Value Of IRICO Group New Energy Company Limited (HKG:438)

Nov 06
Estimating The Intrinsic Value Of IRICO Group New Energy Company Limited (HKG:438)

The Return Trends At IRICO Group New Energy (HKG:438) Look Promising

Oct 19
The Return Trends At IRICO Group New Energy (HKG:438) Look Promising

IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly

Aug 27
IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly

IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly

May 17
IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly

Returns At IRICO Group New Energy (HKG:438) Are On The Way Up

Mar 30
Returns At IRICO Group New Energy (HKG:438) Are On The Way Up

A Look At The Fair Value Of IRICO Group New Energy Company Limited (HKG:438)

Feb 01
A Look At The Fair Value Of IRICO Group New Energy Company Limited (HKG:438)

The IRICO Group New Energy (HKG:438) Share Price Has Gained 163%, So Why Not Pay It Some Attention?

Jan 06
The IRICO Group New Energy (HKG:438) Share Price Has Gained 163%, So Why Not Pay It Some Attention?

We're Not So Sure You Should Rely on IRICO Group New Energy's (HKG:438) Statutory Earnings

Dec 02
We're Not So Sure You Should Rely on IRICO Group New Energy's (HKG:438) Statutory Earnings

Shareholder Returns

438HK ElectronicHK Market
7D-2.0%0.8%2.3%
1Y-64.6%-27.6%-10.9%

Return vs Industry: 438 underperformed the Hong Kong Electronic industry which returned -27.6% over the past year.

Return vs Market: 438 underperformed the Hong Kong Market which returned -10.9% over the past year.

Price Volatility

Is 438's price volatile compared to industry and market?
438 volatility
438 Average Weekly Movement8.8%
Electronic Industry Average Movement7.6%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.5%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 438 has not had significant price volatility in the past 3 months.

Volatility Over Time: 438's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20042,649n/awww.irico.com.cn

IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, manufacturing, and sale of solar photovoltaic glass in the People’s Republic of China. The company was formerly known as IRICO Group Electronics Company Limited and changed its name to IRICO Group New Energy Company Limited in January 2016. IRICO Group New Energy Company Limited was founded in 2004 and is headquartered in Xianyang, the People’s Republic of China.

IRICO Group New Energy Company Limited Fundamentals Summary

How do IRICO Group New Energy's earnings and revenue compare to its market cap?
438 fundamental statistics
Market capHK$528.97m
Earnings (TTM)-HK$249.71m
Revenue (TTM)HK$3.40b

0.2x

P/S Ratio

-2.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
438 income statement (TTM)
RevenueCN¥3.15b
Cost of RevenueCN¥2.90b
Gross ProfitCN¥247.32m
Other ExpensesCN¥478.27m
Earnings-CN¥230.96m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.31
Gross Margin7.86%
Net Profit Margin-7.34%
Debt/Equity Ratio214.8%

How did 438 perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.