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IRICO Group New Energy SEHK:438 Stock Report

Last Price

HK$3.38

Market Cap

HK$596.0m

7D

-1.2%

1Y

14.2%

Updated

19 Oct, 2024

Data

Company Financials

IRICO Group New Energy Company Limited

SEHK:438 Stock Report

Market Cap: HK$596.0m

438 Stock Overview

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 Health4/6
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$3.38
52 Week HighHK$4.39
52 Week LowHK$2.21
Beta0.52
11 Month Change26.12%
3 Month Change-0.59%
1 Year Change14.19%
33 Year Change-86.43%
5 Year Change-68.70%
Change since IPO-85.36%

Recent News & Updates

IRICO Group New Energy Company Limited (HKG:438) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Oct 02
IRICO Group New Energy Company Limited (HKG:438) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Recent updates

IRICO Group New Energy Company Limited (HKG:438) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Oct 02
IRICO Group New Energy Company Limited (HKG:438) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

IRICO Group New Energy Company Limited's (HKG:438) 26% Price Boost Is Out Of Tune With Revenues

May 12
IRICO Group New Energy Company Limited's (HKG:438) 26% Price Boost Is Out Of Tune With Revenues

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-1.2%-2.4%-1.0%
1Y14.2%20.0%20.3%

Return vs Industry: 438 matched the Hong Kong Electronic industry which returned 14.1% over the past year.

Return vs Market: 438 underperformed the Hong Kong Market which returned 15.6% over the past year.

Price Volatility

Is 438's price volatile compared to industry and market?
438 volatility
438 Average Weekly Movement11.5%
Electronic Industry Average Movement10.0%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

Stable Share Price: 438 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 438's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20042,693n/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$595.97m
Earnings (TTM)-HK$86.70m
Revenue (TTM)HK$4.26b

0.1x

P/S Ratio

-6.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
438 income statement (TTM)
RevenueCN¥3.90b
Cost of RevenueCN¥3.51b
Gross ProfitCN¥383.10m
Other ExpensesCN¥462.33m
Earnings-CN¥79.24m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.45
Gross Margin9.83%
Net Profit Margin-2.03%
Debt/Equity Ratio268.9%

How did 438 perform over the long term?

See historical performance and comparison