IRICO Group New Energy Company Limited Logo

IRICO Group New Energy Company Limited

0438.HK

(2.0)
Stock Price

3,10 HKD

-1.81% ROA

-8.74% ROE

-3.6x PER

Market Cap.

460.374.680,41 HKD

295.64% DER

0% Yield

-6.28% NPM

IRICO Group New Energy Company Limited Stock Analysis

IRICO Group New Energy Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

IRICO Group New Energy Company Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.24x), the stock offers substantial upside potential at a bargain price.

2 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 ROE

The stock's ROE falls within an average range (4.65%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (1.44%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (423), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 DER

The stock is burdened with a heavy load of debt (173%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

IRICO Group New Energy Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

IRICO Group New Energy Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

IRICO Group New Energy Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

IRICO Group New Energy Company Limited Revenue
Year Revenue Growth
2003 4.269.781.000
2004 4.949.683.000 13.74%
2005 3.927.500.000 -26.03%
2006 3.861.710.000 -1.7%
2007 3.358.990.000 -14.97%
2008 3.541.920.000 5.16%
2009 2.097.251.000 -68.88%
2010 2.717.770.000 22.83%
2011 3.270.348.000 16.9%
2012 2.645.213.000 -23.63%
2013 2.279.758.000 -16.03%
2014 2.218.276.000 -2.77%
2015 1.485.918.000 -49.29%
2016 1.809.333.000 17.87%
2017 2.363.402.000 23.44%
2018 2.331.919.056 -1.35%
2019 2.245.112.791 -3.87%
2019 2.245.112.790 0%
2020 2.518.509.025 10.86%
2021 2.067.062.702 -21.84%
2022 2.470.277.467 16.32%
2023 3.715.770.520 33.52%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

IRICO Group New Energy Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 18.815.000 100%
2013 9.852.000 -90.98%
2014 4.134.000 -138.32%
2015 3.208.000 -28.87%
2016 3.603.000 10.96%
2017 26.187.091 86.24%
2018 43.681.819 40.05%
2019 50.460.079 13.43%
2019 50.460.079 0%
2020 66.425.722 24.04%
2021 49.604.575 -33.91%
2022 61.896.601 19.86%
2023 110.611.932 44.04%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

IRICO Group New Energy Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 330.680.000
2004 332.331.000 0.5%
2005 431.440.000 22.97%
2006 391.456.000 -10.21%
2007 236.132.000 -65.78%
2008 368.129.000 35.86%
2009 422.267.000 12.82%
2010 244.762.000 -72.52%
2011 325.703.000 24.85%
2012 522.193.000 37.63%
2013 450.912.000 -15.81%
2014 420.024.000 -7.35%
2015 168.937.000 -148.63%
2016 129.491.000 -30.46%
2017 176.885.000 26.79%
2018 23.910.979 -639.76%
2019 52.144.094 54.14%
2019 24.275.091 -114.8%
2020 30.902.405 21.45%
2021 15.589.281 -98.23%
2022 11.660.568 -33.69%
2023 149.368.116 92.19%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

IRICO Group New Energy Company Limited EBITDA
Year EBITDA Growth
2003 608.538.000
2004 641.121.000 5.08%
2005 -898.279.000 171.37%
2006 75.713.000 1286.43%
2007 206.024.000 63.25%
2008 377.824.000 45.47%
2009 -291.814.000 229.47%
2010 162.836.000 279.21%
2011 -484.307.000 133.62%
2012 -708.066.000 31.6%
2013 -55.532.000 -1175.06%
2014 -258.951.000 78.56%
2015 -51.101.000 -406.74%
2016 174.300.000 129.32%
2017 237.875.000 26.73%
2018 78.826.563 -201.77%
2019 237.066.090 66.75%
2019 129.707.855 -82.77%
2020 401.882.907 67.72%
2021 308.621.794 -30.22%
2022 220.598.823 -39.9%
2023 404.350.220 45.44%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

IRICO Group New Energy Company Limited Gross Profit
Year Gross Profit Growth
2003 1.012.822.000
2004 1.052.727.000 3.79%
2005 -429.871.000 344.89%
2006 505.550.000 185.03%
2007 356.003.000 -42.01%
2008 628.620.000 43.37%
2009 -91.144.000 789.7%
2010 405.796.000 122.46%
2011 105.889.000 -283.23%
2012 -99.019.000 206.94%
2013 65.555.000 251.05%
2014 -44.739.000 246.53%
2015 32.135.000 239.22%
2016 210.132.000 84.71%
2017 247.888.000 15.23%
2018 242.905.855 -2.05%
2019 278.666.062 12.83%
2019 278.666.062 0%
2020 577.299.551 51.73%
2021 448.323.624 -28.77%
2022 362.853.811 -23.55%
2023 502.414.936 27.78%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

IRICO Group New Energy Company Limited Net Profit
Year Net Profit Growth
2003 315.825.000
2004 385.327.000 18.04%
2005 -960.333.000 140.12%
2006 167.715.000 672.6%
2007 72.157.000 -132.43%
2008 95.324.000 24.3%
2009 -1.113.014.000 108.56%
2010 29.075.000 3928.08%
2011 -253.038.000 111.49%
2012 -1.662.002.000 84.78%
2013 -226.352.000 -634.26%
2014 -814.280.000 72.2%
2015 643.996.000 226.44%
2016 105.712.000 -509.2%
2017 123.704.000 14.54%
2018 81.297.979 -52.16%
2019 74.085.117 -9.74%
2019 74.085.116 0%
2020 219.661.691 66.27%
2021 164.431.614 -33.59%
2022 89.230.506 -84.28%
2023 -166.863.100 153.48%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

IRICO Group New Energy Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 4
2004 5 25%
2005 -9 144.44%
2006 1 1000%
2007 1 0%
2008 1 0%
2009 -10 100%
2010 0 0%
2011 -2 100%
2012 -15 85.71%
2013 -2 -600%
2014 -7 71.43%
2015 6 240%
2016 1 -400%
2017 1 0%
2018 1 0%
2019 0 0%
2019 1 0%
2020 2 100%
2021 1 0%
2022 1 0%
2023 -1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

IRICO Group New Energy Company Limited Free Cashflow
Year Free Cashflow Growth
2003 -45.184.000
2004 -690.062.000 93.45%
2005 -244.584.000 -182.14%
2006 250.644.000 197.58%
2007 -175.357.000 242.93%
2008 126.759.000 238.34%
2009 -176.647.000 171.76%
2010 -3.953.935.000 95.53%
2011 -2.876.893.000 -37.44%
2012 -1.292.504.000 -122.58%
2013 -572.715.000 -125.68%
2014 -623.219.000 8.1%
2015 -274.508.000 -127.03%
2016 -98.886.000 -177.6%
2017 -386.396.000 74.41%
2018 -460.645.348 16.12%
2019 263.212.697 275.01%
2019 -41.294.650 737.4%
2020 138.485.526 129.82%
2021 -635.797.227 121.78%
2022 -456.069.796 -39.41%
2023 -140.178.990 -225.35%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

IRICO Group New Energy Company Limited Operating Cashflow
Year Operating Cashflow Growth
2003 386.659.000
2004 623.370.000 37.97%
2005 204.150.000 -205.35%
2006 363.290.000 43.81%
2007 -28.739.000 1364.1%
2008 940.665.000 103.06%
2009 224.261.000 -319.45%
2010 307.075.000 26.97%
2011 327.074.000 6.11%
2012 -166.754.000 296.14%
2013 121.466.000 237.28%
2014 -236.974.000 151.26%
2015 108.692.000 318.02%
2016 100.277.000 -8.39%
2017 177.145.000 43.39%
2018 -232.751.970 176.11%
2019 428.391.299 154.33%
2019 0 0%
2020 185.597.936 100%
2021 -537.896.343 134.5%
2022 89.232.396 702.8%
2023 127.701.081 30.12%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

IRICO Group New Energy Company Limited Capital Expenditure
Year Capital Expenditure Growth
2003 431.843.000
2004 1.313.432.000 67.12%
2005 448.734.000 -192.7%
2006 112.646.000 -298.36%
2007 146.618.000 23.17%
2008 813.906.000 81.99%
2009 400.908.000 -103.02%
2010 4.261.010.000 90.59%
2011 3.203.967.000 -32.99%
2012 1.125.750.000 -184.61%
2013 694.181.000 -62.17%
2014 386.245.000 -79.73%
2015 383.200.000 -0.79%
2016 199.163.000 -92.41%
2017 563.541.000 64.66%
2018 227.893.378 -147.28%
2019 165.178.601 -37.97%
2019 41.294.650 -300%
2020 47.112.410 12.35%
2021 97.900.884 51.88%
2022 545.302.192 82.05%
2023 267.880.071 -103.56%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

IRICO Group New Energy Company Limited Equity
Year Equity Growth
2003 3.186.918.000
2004 4.171.316.000 23.6%
2005 3.060.626.000 -36.29%
2006 3.216.611.000 4.85%
2007 3.300.147.000 2.53%
2008 2.181.091.000 -51.31%
2009 1.901.194.000 -14.72%
2010 5.737.699.000 66.86%
2011 5.052.178.000 -13.57%
2012 1.642.015.000 -207.68%
2013 1.353.125.000 -21.35%
2014 636.576.000 -112.56%
2015 128.253.000 -396.34%
2016 152.499.000 15.9%
2017 267.675.000 43.03%
2018 213.783.039 -25.21%
2019 289.071.013 26.04%
2020 1.746.281.348 83.45%
2021 1.919.697.796 9.03%
2022 1.921.966.497 0.12%
2023 1.799.275.258 -6.82%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

IRICO Group New Energy Company Limited Assets
Year Assets Growth
2003 5.475.676.000
2004 7.103.184.000 22.91%
2005 5.795.426.000 -22.57%
2006 5.491.057.000 -5.54%
2007 5.083.870.000 -8.01%
2008 3.351.517.000 -51.69%
2009 5.052.153.000 33.66%
2010 10.844.522.000 53.41%
2011 13.319.388.000 18.58%
2012 12.296.134.000 -8.32%
2013 10.979.067.000 -12%
2014 8.774.676.000 -25.12%
2015 3.157.506.000 -177.9%
2016 3.638.622.000 13.22%
2017 4.591.123.000 20.75%
2018 4.870.777.202 5.74%
2019 4.912.094.647 0.84%
2020 4.983.855.081 1.44%
2021 5.129.131.958 2.83%
2022 6.378.244.132 19.58%
2023 8.840.396.310 27.85%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

IRICO Group New Energy Company Limited Liabilities
Year Liabilities Growth
2003 2.288.758.000
2004 2.931.868.000 21.94%
2005 2.734.800.000 -7.21%
2006 2.274.446.000 -20.24%
2007 1.783.723.000 -27.51%
2008 1.170.426.000 -52.4%
2009 3.150.959.000 62.85%
2010 5.106.823.000 38.3%
2011 8.267.210.000 38.23%
2012 10.654.119.000 22.4%
2013 9.625.942.000 -10.68%
2014 8.138.100.000 -18.28%
2015 3.029.253.000 -168.65%
2016 3.486.123.000 13.11%
2017 4.323.448.000 19.37%
2018 4.656.994.162 7.16%
2019 4.623.023.634 -0.73%
2020 3.237.573.733 -42.79%
2021 3.209.434.162 -0.88%
2022 4.456.277.635 27.98%
2023 7.041.121.051 36.71%

IRICO Group New Energy Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
14.19
Net Income per Share
-0.89
Price to Earning Ratio
-3.6x
Price To Sales Ratio
0.18x
POCF Ratio
2.12
PFCF Ratio
-0.97
Price to Book Ratio
0.31
EV to Sales
1.93
EV Over EBITDA
25.77
EV to Operating CashFlow
18.14
EV to FreeCashFlow
-10.22
Earnings Yield
-0.28
FreeCashFlow Yield
-1.03
Market Cap
0,46 Bil.
Enterprise Value
4,83 Bil.
Graham Number
14.31
Graham NetNet
-25.43

Income Statement Metrics

Net Income per Share
-0.89
Income Quality
-1.69
ROE
-0.09
Return On Assets
-0.02
Return On Capital Employed
0.01
Net Income per EBT
1.02
EBT Per Ebit
-2.96
Ebit per Revenue
0.02
Effective Tax Rate
-0.02

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.1
Operating Profit Margin
0.02
Pretax Profit Margin
-0.06
Net Profit Margin
-0.06

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
-0.55
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.51
Free CashFlow per Share
-2.68
Capex to Operating CashFlow
2.77
Capex to Revenue
0.3
Capex to Depreciation
4.95
Return on Invested Capital
0.01
Return on Tangible Assets
-0.02
Days Sales Outstanding
290.16
Days Payables Outstanding
169.58
Days of Inventory on Hand
37.09
Receivables Turnover
1.26
Payables Turnover
2.15
Inventory Turnover
9.84
Capex per Share
4.19

Balance Sheet

Cash per Share
5,39
Book Value per Share
10,20
Tangible Book Value per Share
9.26
Shareholders Equity per Share
10.2
Interest Debt per Share
30.47
Debt to Equity
2.96
Debt to Assets
0.6
Net Debt to EBITDA
23.32
Current Ratio
0.75
Tangible Asset Value
1,63 Bil.
Net Current Asset Value
-3,62 Bil.
Invested Capital
3673895657
Working Capital
-1,17 Bil.
Intangibles to Total Assets
0.02
Average Receivables
1,99 Bil.
Average Payables
1,24 Bil.
Average Inventory
228883513
Debt to Market Cap
11.55

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

IRICO Group New Energy Company Limited Dividends
Year Dividends Growth
2005 0

IRICO Group New Energy Company Limited Profile

About IRICO Group New Energy Company Limited

IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, production, and sale of new energy photovoltaic glass in the People's Republic of China and internationally. The company also offers solar cells and components. In addition, it is involved in photovoltaic power generation. 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.

CEO
Ms. Hua Yang
Employee
2.693
Address
No. 1 Caihong Road
Xianyang, 712021

IRICO Group New Energy Company Limited Executives & BODs

IRICO Group New Energy Company Limited Executives & BODs
# Name Age
1 Mr. Zhibin Ma
Deputy GM & Executive Director
70
2 Mr. Xinchun Niu
Secretary
70
3 Ms. Hua Yang
Executive Chairlady
70
4 Mr. Weihong Huang
Chief Financial Officer
70
5 Mr. Huadong Ni
Deputy GM & Company Secretary
70

IRICO Group New Energy Company Limited Competitors