IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the solar photovoltaic, new materials, trading, and other businesses in the People’s Republic of China and internationally.
The last earnings update was 32 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
IRICO Group New Energy. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
IRICO Group New Energy's
is considered below, and whether this is a fair price.
Price based on past earnings
IRICO Group New Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
IRICO Group New Energy's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to determine if IRICO Group New Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
IRICO Group New Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
IRICO Group New Energy
has a total score of
2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
IRICO Group New Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
IRICO Group New Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
IRICO Group New Energy's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
IRICO Group New Energy's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.9x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
IRICO Group New Energy Company Limited (HKG:438): Why Return On Capital Employed Is Important
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
IRICO Group New Energy Company Limited (HKG:438) Delivered A Better ROE Than Its Industry
Over the last twelve months IRICO Group New Energy has recorded a ROE of 72%. … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.72 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Read This Before You Buy IRICO Group New Energy Company Limited (HKG:438) Because Of Its P/E Ratio
To keep it practical, we'll show how IRICO Group New Energy Company Limited's (HKG:438) P/E ratio could help you assess the value on offer. … IRICO Group New Energy has a price to earnings ratio of 4.11, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Can IRICO Group New Energy Company Limited (HKG:438) Improve Your Portfolio Returns?
If you are a shareholder in IRICO Group New Energy Company Limited’s (HKG:438), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … The second risk is market-wide, which arises from investing in the stock market. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.
IRICO Group New Energy Company Limited (HKG:438) Delivered A Better ROE Than The Industry, Here’s Why
and want to better understand how you can grow your money by investing in IRICO Group New Energy Company Limited (HKG:438). … IRICO Group New Energy Company Limited (HKG:438) outperformed the electronic components industry on the basis of its ROE – producing a higher 50.07% relative to the peer average of 10.89% over the past 12 months. … If 438 borrows debt to invest in its business, its profits will be higher.
IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the solar photovoltaic, new materials, trading, and other businesses in the People’s Republic of China and internationally. It researches, develops, produces, and sells solar photovoltaic glasses, solar cells and modules, and solar cell modules and related products; luminous materials, and lithium battery anode materials and related products of flat panel display; and photovoltaic glass upstream quartz sand. The company also constructs and operates solar power stations. In addition, it is involved in the mining exploration activities; production and sale of inorganic nonmetallic materials and products; and trading of solar modules and other related accessories. 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. The company was founded in 2004 and is headquartered in Xianyang, the People’s Republic of China. IRICO Group New Energy Company Limited is a subsidiary of IRICO Group Corporation Limited.
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