002865.SHE Hainan Drinda Automotive Trim Co Ltd
- Market cap
- CNY 12.2B
- P/E
- -
- P/B
- 3.38x
- ROE
- -15.6%
- Dividend yield
- 2.13%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002865.SHE undervalued?
Graham numberThe Graham number of Hainan Drinda Automotive Trim Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Hainan Drinda Automotive Trim Co Ltd fundamental analysis
No fundamental analysis for Hainan Drinda Automotive Trim Co Ltd yet.
Hainan Drinda Automotive Trim Co Ltd stock price
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About Hainan Drinda Automotive Trim Co Ltd
Hainan Drinda New Energy Technology Co., Ltd. engages in design, research, development, production, and marketing of photovoltaic cells in China and internationally. It engages in generation of N-type TOPCon solar cells. The company was formerly known as Hainan Drinda Automotive Trim Co., Ltd and changed its name to Hainan Drinda New Energy Technology Co., Ltd. in September 2022. Hainan Drinda New Energy Technology Co., Ltd. was founded in 2003 and is based in Haikou, China.
Full company profileHainan Drinda Automotive Trim Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Hainan Drinda Automotive Trim Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 922M | 1.15B | 902M | 827M | 858M | 2.86B | 11.6B | 18.7B | 9.95B | 7.63B | 6.96B |
| Gross Profit | 219M | 275M | 229M | 224M | 183M | 330M | 1.30B | 2.65B | -67.0M | -101M | 179M |
| Operating Income | 59.1M | 86.1M | 50.9M | 23.9M | 6.28M | -101M | 892M | 746M | -730M | -604M | -123M |
| EBITDA | 121M | 141M | 112M | 117M | 111M | 33.1M | 1.38B | 1.53B | 232M | -315M | -428M |
| Net Income | 55.8M | 67.4M | 41.8M | 17.2M | 13.5M | -179M | 717M | 816M | -591M | -1.42B | -571M |
| EPS | 0.44 | 0.44 | 0.25 | 0.10 | 0.08 | -0.97 | 3.57 | 3.75 | -2.60 | -4.84 | -1.83 |
| Balance Sheet | |||||||||||
| Total Assets | 1.43B | 1.72B | 1.94B | 1.84B | 1.86B | 6.02B | 9.10B | 18.4B | 16.5B | 16.4B | 17.0B |
| Total Liabilities | 866M | 874M | 1.02B | 921M | 810M | 4.41B | 8.05B | 13.7B | 12.6B | 12.7B | 13.2B |
| Shareholders' Equity | 560M | 845M | 920M | 920M | 1.05B | 1.00B | 1.05B | 4.71B | 3.89B | 3.66B | 3.65B |
| Cash & Short-term Investments | 200M | 250M | 416M | 241M | 333M | 491M | 1.87B | 3.61B | 3.97B | 4.41B | 4.60B |
| Total Debt | 154M | 107M | 490M | 457M | 264M | 370M | 2.25B | 2.46B | 3.66B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 173M | -51.6M | -90.9M | -28.0M | 50.4M | 581M | 156M | 1.98B | 654M | -486M | - |
| Capital Expenditure | 89.6M | 55.5M | 108M | 140M | 120M | 154M | 525M | 2.78B | 444M | 204M | 86.9M |
| Free Cash Flow | 83.2M | -107M | -199M | -168M | -69.2M | 427M | -370M | -802M | 211M | -690M | -276M |
| Ratios | |||||||||||
| ROE | 10.0% | 8.0% | 4.5% | 1.9% | 1.3% | -17.8% | 68.2% | 17.3% | -15.2% | -38.7% | -15.6% |
| ROA | 3.9% | 3.9% | 2.2% | 0.9% | 0.7% | -3.0% | 7.9% | 4.4% | -3.6% | -8.6% | -3.4% |
| Net Profit Margin | 6.0% | 5.9% | 4.6% | 2.1% | 1.6% | -6.2% | 6.2% | 4.4% | -5.9% | -18.6% | -8.2% |
| Debt to Equity | 0.27x | 0.13x | 0.53x | 0.50x | 0.25x | 0.37x | 2.14x | 0.52x | 0.94x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Hainan Drinda Automotive Trim Co Ltd dividends
- Dividend yield
- 2.13%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Apr 26, 2024
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 259M | 0.89 | - |
| 2024 | CNY 381M | 1.68 | - |
| 2023 | CNY 359M | 1.65 | 44.0% |
| 2022 | CNY 129M | 0.64 | 18.0% |
| 2021 | CNY 22.8M | 0.12 | - |
| 2020 | CNY 26.4M | 0.15 | 194.9% |
| 2019 | CNY 18.0M | 0.10 | 104.5% |
| 2018 | CNY 31.0M | 0.19 | 74.2% |
| 2017 | CNY 6.00M | 0.04 | 8.9% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.398079:1 on Apr 17, 2023.
Who owns Hainan Drinda Automotive Trim Co Ltd
- Insiders 28.68%
- Institutions 8.55%
- Public & others 62.77%
- Shares outstanding 229M
- Free float 233M
Hainan Drinda Automotive Trim Co Ltd company profile
- Company name
- Hainan Drinda Automotive Trim Co Ltd
- Ticker
- 002865.SHE
- ISIN
- CNE100002QL4
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Employees
- 2,712
- Fiscal year end
- December
- Address
- Hainan Junda Building, Haikou, China, 570216
- Phone
- 86 89 8668 02555
- Website
- jietaisolar.com
About Hainan Drinda Automotive Trim Co Ltd
Hainan Drinda New Energy Technology Co., Ltd. engages in design, research, development, production, and marketing of photovoltaic cells in China and internationally. It engages in generation of N-type TOPCon solar cells. The company was formerly known as Hainan Drinda Automotive Trim Co., Ltd and changed its name to Hainan Drinda New Energy Technology Co., Ltd. in September 2022. Hainan Drinda New Energy Technology Co., Ltd. was founded in 2003 and is based in Haikou, China.
Hainan Drinda Automotive Trim Co Ltd management
7- Mr. Xuyang LuExecutive Chairman · born 1988
- Mr. Manliang ZhangGM & Executive Director · born 1980
- Mr. Hongwei ZhengExecutive Vice Chairman & Deputy GM · born 1966
- Mr. Xiaohui ZhouChief Financial Officer · born 1974
- Ms. Pingxian ChenChief Marketing Officer · born 1987
- Ms. Shuang LiuJoint Company Secretary & Deputy Director of the Securities Department · born 1993
- Ms. Sin Ting FungJoint Company Secretary