438 Stock Overview
Engages in the research and development, manufacturing, and sale of solar photovoltaic glass in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
IRICO Group New Energy Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$3.09 |
| 52 Week High | HK$4.39 |
| 52 Week Low | HK$2.36 |
| Beta | 0.42 |
| 1 Month Change | 2.32% |
| 3 Month Change | -0.64% |
| 1 Year Change | 20.70% |
| 3 Year Change | -86.93% |
| 5 Year Change | -76.59% |
| Change since IPO | -86.62% |
Recent News & Updates
Returns Are Gaining Momentum At IRICO Group New Energy (HKG:438)
Dec 13
IRICO Group New Energy Company Limited (HKG:438) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Oct 02Recent updates
Returns Are Gaining Momentum At IRICO Group New Energy (HKG:438)
Dec 13IRICO Group New Energy Company Limited (HKG:438) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Oct 02IRICO Group New Energy Company Limited's (HKG:438) 26% Price Boost Is Out Of Tune With Revenues
May 12Getting In Cheap On IRICO Group New Energy Company Limited (HKG:438) Is Unlikely
Dec 19IRICO Group New Energy (HKG:438) Will Be Hoping To Turn Its Returns On Capital Around
Aug 10Capital Allocation Trends At IRICO Group New Energy (HKG:438) Aren't Ideal
Nov 08Does IRICO Group New Energy (HKG:438) Have A Healthy Balance Sheet?
Sep 30Here's What To Make Of IRICO Group New Energy's (HKG:438) Decelerating Rates Of Return
Jul 25Is IRICO Group New Energy (HKG:438) A Risky Investment?
Apr 12Investors Will Want IRICO Group New Energy's (HKG:438) Growth In ROCE To Persist
Jan 27Estimating The Intrinsic Value Of IRICO Group New Energy Company Limited (HKG:438)
Nov 06The Return Trends At IRICO Group New Energy (HKG:438) Look Promising
Oct 19IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly
Aug 27IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly
May 17Returns At IRICO Group New Energy (HKG:438) Are On The Way Up
Mar 30A Look At The Fair Value Of IRICO Group New Energy Company Limited (HKG:438)
Feb 01
The IRICO Group New Energy (HKG:438) Share Price Has Gained 163%, So Why Not Pay It Some Attention?
Jan 06We're Not So Sure You Should Rely on IRICO Group New Energy's (HKG:438) Statutory Earnings
Dec 02Shareholder Returns
| 438 | HK Electronic | HK Market | |
|---|---|---|---|
| 7D | 0.3% | 3.4% | 1.1% |
| 1Y | 20.7% | 21.5% | 17.6% |
Return vs Industry: 438 underperformed the Hong Kong Electronic industry which returned 22.3% over the past year.
Return vs Market: 438 exceeded the Hong Kong Market which returned 17.6% over the past year.
Price Volatility
| 438 volatility | |
|---|---|
| 438 Average Weekly Movement | 13.2% |
| Electronic Industry Average Movement | 9.9% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in HK Market | 17.8% |
| 10% least volatile stocks in HK Market | 3.9% |
Stable Share Price: 438's share price has been volatile over the past 3 months compared to the Hong Kong market.
Volatility Over Time: 438's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 2,693 | Zhibin Ma | www.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
| 438 fundamental statistics | |
|---|---|
| Market cap | HK$544.84m |
| Earnings (TTM) | -HK$84.25m |
| Revenue (TTM) | HK$4.14b |
0.1x
P/S Ratio-6.5x
P/E RatioIs 438 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 438 income statement (TTM) | |
|---|---|
| Revenue | CN¥3.90b |
| Cost of Revenue | CN¥3.51b |
| Gross Profit | CN¥383.10m |
| Other Expenses | CN¥462.33m |
| Earnings | -CN¥79.24m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.45 |
| Gross Margin | 9.83% |
| Net Profit Margin | -2.03% |
| Debt/Equity Ratio | 268.9% |
How did 438 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:20 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IRICO Group New Energy Company Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Linglei Pan | Guotai Junan International Holdings Limited |