3868 Stock Overview
Xinyi Energy Holdings Limited, an investment holding company, owns, operates, and manages solar farms in the People's Republic of China.
Xinyi Energy Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$4.18|
|52 Week High||HK$5.84|
|52 Week Low||HK$3.66|
|1 Month Change||-1.42%|
|3 Month Change||-7.11%|
|1 Year Change||-8.13%|
|3 Year Change||94.42%|
|5 Year Change||n/a|
|Change since IPO||115.46%|
Recent News & Updates
A Look At The Intrinsic Value Of Xinyi Energy Holdings Limited (HKG:3868)
How far off is Xinyi Energy Holdings Limited ( HKG:3868 ) from its intrinsic value? Using the most recent financial...
With EPS Growth And More, Xinyi Energy Holdings (HKG:3868) Is Interesting
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|3868||HK Renewable Energy||HK Market|
Return vs Industry: 3868 underperformed the Hong Kong Renewable Energy industry which returned 18.4% over the past year.
Return vs Market: 3868 exceeded the Hong Kong Market which returned -23.3% over the past year.
|3868 Average Weekly Movement||5.0%|
|Renewable Energy Industry Average Movement||6.4%|
|Market Average Movement||7.0%|
|10% most volatile stocks in HK Market||13.8%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 3868 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3868's weekly volatility (5%) has been stable over the past year.
About the Company
|2015||281||Fong Ngai Tung||https://www.xinyienergy.com|
Xinyi Energy Holdings Limited, an investment holding company, owns, operates, and manages solar farms in the People's Republic of China. The company operates solar farms with an installed capacity of 2,494 megawatts. It sells electricity to the State grid companies.
Xinyi Energy Holdings Fundamentals Summary
|3868 fundamental statistics|
Is 3868 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3868 income statement (TTM)|
|Cost of Revenue||HK$617.27m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.17|
|Net Profit Margin||53.65%|
How did 3868 perform over the long term?See historical performance and comparison
4.2%Current Dividend Yield
Is 3868 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3868?
Other financial metrics that can be useful for relative valuation.
|What is 3868's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3868's PE Ratio compare to its peers?
|3868 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: 3868 is expensive based on its Price-To-Earnings Ratio (24.1x) compared to the peer average (12.7x).
Price to Earnings Ratio vs Industry
How does 3868's PE Ratio compare vs other companies in the Renewable Energy Industry?
Price-To-Earnings vs Industry: 3868 is expensive based on its Price-To-Earnings Ratio (24.1x) compared to the Hong Kong Renewable Energy industry average (8x)
Price to Earnings Ratio vs Fair Ratio
What is 3868's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||24.1x|
|Fair PE Ratio||12.6x|
Price-To-Earnings vs Fair Ratio: 3868 is expensive based on its Price-To-Earnings Ratio (24.1x) compared to the estimated Fair Price-To-Earnings Ratio (12.6x).
Share Price vs Fair Value
What is the Fair Price of 3868 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3868 (HK$4.18) is trading below our estimate of fair value (HK$4.72)
Significantly Below Fair Value: 3868 is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: 3868 is poor value based on its PEG Ratio (1.9x)
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How is Xinyi Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3868's forecast earnings growth (12.4% per year) is above the savings rate (1.5%).
Earnings vs Market: 3868's earnings (12.4% per year) are forecast to grow slower than the Hong Kong market (17% per year).
High Growth Earnings: 3868's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3868's revenue (16.8% per year) is forecast to grow faster than the Hong Kong market (10.2% per year).
High Growth Revenue: 3868's revenue (16.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3868's Return on Equity is forecast to be low in 3 years time (14.1%).
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How has Xinyi Energy Holdings performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3868 has high quality earnings.
Growing Profit Margin: 3868's current net profit margins (53.7%) are higher than last year (53.5%).
Past Earnings Growth Analysis
Earnings Trend: 3868's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: 3868's earnings growth over the past year (33.7%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: 3868 earnings growth over the past year (33.7%) exceeded the Renewable Energy industry 2.8%.
Return on Equity
High ROE: 3868's Return on Equity (9.8%) is considered low.
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How is Xinyi Energy Holdings's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3868's short term assets (HK$6.1B) exceed its short term liabilities (HK$4.7B).
Long Term Liabilities: 3868's short term assets (HK$6.1B) exceed its long term liabilities (HK$3.9B).
Debt to Equity History and Analysis
Debt Level: 3868's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 3868's debt to equity ratio has reduced from 64% to 38.9% over the past 5 years.
Debt Coverage: 3868's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 3868's interest payments on its debt are well covered by EBIT (9.7x coverage).
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What is Xinyi Energy Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3868's dividend (4.16%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.74%).
High Dividend: 3868's dividend (4.16%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.89%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 3868 has been paying a dividend for less than 10 years.
Growing Dividend: 3868's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.4%), 3868's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (309.9%), 3868's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Fong Ngai Tung (33 yo)
Mr. Fong Ngai Tung is an Executive Director at Xinyi Energy Holdings Limited since March 15, 2016 and serves as its CEO. He is an Executive Director and CEO of Xinyi Energy at Xinyi Glass Holdings Limited.
Experienced Management: 3868's management team is seasoned and experienced (5.4 years average tenure).
Experienced Board: 3868's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Xinyi Energy Holdings Limited's employee growth, exchange listings and data sources
- Name: Xinyi Energy Holdings Limited
- Ticker: 3868
- Exchange: SEHK
- Founded: 2015
- Industry: Renewable Electricity
- Sector: Utilities
- Implied Market Cap: HK$29.720b
- Shares outstanding: 7.11b
- Website: https://www.xinyienergy.com
Number of Employees
- Xinyi Energy Holdings Limited
- No. 102, Meidiya Road
- E Qiao Town
- Anhui Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/25 00:00|
|End of Day Share Price||2022/06/24 00:00|
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.