300048.SHE Hiconics Drive Tech Co
- Market cap
- CNY 4.85B
- P/E
- -
- P/B
- 2.78x
- ROE
- -9.1%
- Dividend yield
- -
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300048.SHE undervalued?
Graham numberThe Graham number of Hiconics Drive Tech Co 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?
Hiconics Drive Tech Co fundamental analysis
No fundamental analysis for Hiconics Drive Tech Co yet.
Hiconics Drive Tech Co stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in green energy solutions, household energy storage and photovoltaic inverters, and high-voltage variable frequency drives (VFDs) converters business in China and internationally. It operates through High Voltage Frequency Converters, Photovoltaic EPC, Residential Energy Storage, and Others segments. The company offers photovoltaic solutions, including residential, commercial, and industrial photovoltaic solutions; Midea PV gr…
Full company profileHiconics Drive Tech Co 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.
Hiconics Drive Tech Co 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 | 1.42B | 1.35B | 1.21B | 1.30B | 1.26B | 1.20B | 1.42B | 1.49B | 4.78B | 7.43B | 6.42B |
| Gross Profit | 504M | 303M | 304M | 370M | 145M | 361M | 326M | 224M | 646M | 664M | 619M |
| Operating Income | 156M | 39.6M | -253M | 23.5M | -611M | 48.2M | 48.0M | -207M | 48.0M | 12.7M | -23.6M |
| EBITDA | 257M | 284M | 130M | 202M | -161M | 136M | 91.3M | -111M | 111M | 126M | -136M |
| Net Income | 179M | 67.6M | -237M | 23.1M | -515M | 50.3M | 25.6M | -220M | 10.3M | 62.0M | -159M |
| EPS | 0.16 | 0.06 | -0.22 | 0.02 | -0.46 | 0.05 | 0.02 | -0.20 | 0.01 | 0.05 | -0.14 |
| Balance Sheet | |||||||||||
| Total Assets | 4.93B | 4.69B | 4.15B | 3.75B | 2.60B | 2.48B | 2.78B | 3.17B | 4.63B | 4.92B | 7.28B |
| Total Liabilities | 2.27B | 2.04B | 1.81B | 1.43B | 956M | 657M | 873M | 1.44B | 2.87B | 3.02B | 5.51B |
| Shareholders' Equity | 2.47B | 2.48B | 2.23B | 2.25B | 1.74B | 1.80B | 1.87B | 1.68B | 1.70B | 1.82B | 1.74B |
| Cash & Short-term Investments | 443M | 330M | 137M | 151M | 225M | 294M | 524M | 668M | 1.25B | 1.56B | 1.04B |
| Total Debt | 636M | 858M | 664M | 384M | 199M | 89.4M | 58.5M | 43.3M | 35.7M | 1.20B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 159M | -68.3M | 118M | 300M | 134M | 223M | 168M | 124M | 306M | 253M | - |
| Capital Expenditure | 630M | 224M | 52.4M | 93.5M | 75.7M | 41.8M | 30.2M | 38.3M | 55.4M | 63.1M | 53.2M |
| Free Cash Flow | -471M | -293M | 65.8M | 206M | 58.1M | 181M | 138M | 85.3M | 251M | 190M | -784M |
| Ratios | |||||||||||
| ROE | 7.2% | 2.7% | -10.6% | 1.0% | -29.6% | 2.8% | 1.4% | -13.1% | 0.6% | 3.4% | -9.1% |
| ROA | 3.6% | 1.4% | -5.7% | 0.6% | -19.8% | 2.0% | 0.9% | -7.0% | 0.2% | 1.3% | -2.2% |
| Net Profit Margin | 12.6% | 5.0% | -19.7% | 1.8% | -41.0% | 4.2% | 1.8% | -14.8% | 0.2% | 0.8% | -2.5% |
| Debt to Equity | 0.26x | 0.35x | 0.30x | 0.17x | 0.11x | 0.05x | 0.03x | 0.03x | 0.02x | 0.66x | - |
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.
Hiconics Drive Tech Co dividends
- Dividend yield
- -
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jul 16, 2018
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | - | - | - |
| 2024 | CNY 1.89M | 0.00 | 18.4% |
| 2023 | CNY 244K | 0.00 | - |
| 2022 | CNY 1.91M | 0.00 | 7.5% |
| 2021 | CNY 7.01M | 0.01 | 14.0% |
| 2020 | CNY 16.1M | 0.01 | - |
| 2019 | CNY 26.7M | 0.02 | 115.4% |
| 2018 | CNY 66.9M | 0.06 | - |
| 2017 | CNY 76.1M | 0.07 | 112.6% |
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: 14:10 on Jun 14, 2017.
Who owns Hiconics Drive Tech Co
- Insiders 29.86%
- Institutions 0.95%
- Public & others 69.19%
- Shares outstanding 1.13B
- Free float 859M
Hiconics Drive Tech Co company profile
- Company name
- Hiconics Drive Tech Co
- Ticker
- 300048.SHE
- ISIN
- CNE100000KH9
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jan 20, 2010
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 1,127
- Fiscal year end
- December
- Address
- Building 2, Beijing, China, 100176
- Phone
- 86 15 2107 77550
- Website
- hiconics.com
About Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in green energy solutions, household energy storage and photovoltaic inverters, and high-voltage variable frequency drives (VFDs) converters business in China and internationally. It operates through High Voltage Frequency Converters, Photovoltaic EPC, Residential Energy Storage, and Others segments. The company offers photovoltaic solutions, including residential, commercial, and industrial photovoltaic solutions; Midea PV grid-connected inverters; wind power generation; and power trading. It also provides energy storage solutions comprising residential integrated energy storage systems, photovoltaic inverters, micro-inverters, and charging products, as well as high-voltage frequency converters. The company was formerly known as Hiconics Drive Technology Co., Ltd. and changed its name to Hiconics Eco-energy Technology Co., Ltd. in December 2016. Hiconics Eco-energy Technology Co., Ltd. was founded in 2003 and is headquartered in Beijing, China.
Hiconics Drive Tech Co management
5- Mr. Jianfeng LuMD & Chairman of the Board · born 1973
- Mr. Wenliang WangDeputy GM, CFO & Non-Independent Director · born 1982
- Mr. Qinhong XuSecretary to the Board · born 1987
- Mr. Yi LiuDeputy General Manager · born 1983
- Bingjie HuiAccounting Supervisor