IRICO Group New Energy Co. Ltd. Class H (HK:0438)
:0438
Want to see HK:0438 full AI Analyst Report?
0438 Stock Chart & Stats
HK$1.99
HK$0.04(1.45%)
At close: 4:00 PM EST
HK$1.99
HK$0.04(1.45%)
Day’s Range― - ―
52-Week RangeHK$1.26 - HK$3.15
Previous CloseN/A
Volume36.40K
Average Volume (3M)31.53K
Market Cap
HK$232.75M
Enterprise ValueHK$6.58B
Total Cash (Recent Filing)HK$372.77M
Total Debt (Recent Filing)HK$6.69B
Price to Earnings (P/E)―
Beta0.64
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.18
Shares Outstanding96,248,670
10 Day Avg. Volume29,170
30 Day Avg. Volume31,527
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.36
Price to Sales (P/S)0.10
P/FCF Ratio-1.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Focused PV Glass BusinessSpecialization in PV glass and related processing places the company in a critical, non-discretionary segment of the solar module supply chain. Durable product focus and technical processing capabilities support long-term customer relationships and differentiation versus general glass producers.
Operational ScaleA workforce of ~2,548 implies meaningful production capacity and operational scale, which supports large customer fulfilment and potential economies of scale. Scale enables the firm to serve module manufacturers and absorb fixed costs as volumes normalize over months.
Material Revenue ReboundA sharp top-line rebound indicates commercial traction and the company's ability to recover shipments and market share after prior weakness. Sustained revenue recovery could allow better absorption of fixed costs and provide a path to restore margins if cost pressures ease.
Bears Say
Negative Margins & LossesSustained negative gross and net margins reflect structural margin pressure from pricing or cost inflation. This weakens the firm's ability to generate profits even as revenue rises, undermining reinvestment capacity and making long-term profitability uncertain without structural cost or pricing fixes.
Rising LeverageA sharp rise in leverage to ~7.9x materially reduces financial flexibility and increases refinancing and covenant risk. High leverage constrains capital allocation, elevates vulnerability to demand shocks, and limits ability to fund capex or weather prolonged weak margins.
Chronic Cash BurnRepeated negative operating and free cash flow signals ongoing cash burn and reliance on external financing. Combined with elevated debt, weak cash generation threatens liquidity, forces higher financing costs, and raises the risk of dilution or distress if improvements do not materialize.
IRICO Group New Energy Co. Ltd. Class H News
0438 FAQ
What was IRICO Group New Energy Co. Ltd. Class H’s price range in the past 12 months?
IRICO Group New Energy Co. Ltd. Class H lowest stock price was HK$1.26 and its highest was HK$3.15 in the past 12 months.
What is IRICO Group New Energy Co. Ltd. Class H’s market cap?
IRICO Group New Energy Co. Ltd. Class H’s market cap is HK$232.75M.
When is IRICO Group New Energy Co. Ltd. Class H’s upcoming earnings report date?
IRICO Group New Energy Co. Ltd. Class H’s upcoming earnings report date is Aug 26, 2026 which is in 70 days.
How were IRICO Group New Energy Co. Ltd. Class H’s earnings last quarter?
IRICO Group New Energy Co. Ltd. Class H released its earnings results on Mar 25, 2026. The company reported -HK$1.643 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$1.643.
Is IRICO Group New Energy Co. Ltd. Class H overvalued?
According to Wall Street analysts IRICO Group New Energy Co. Ltd. Class H’s price is currently Overvalued.
Does IRICO Group New Energy Co. Ltd. Class H pay dividends?
IRICO Group New Energy Co. Ltd. Class H does not currently pay dividends.
What is IRICO Group New Energy Co. Ltd. Class H’s EPS estimate?
IRICO Group New Energy Co. Ltd. Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does IRICO Group New Energy Co. Ltd. Class H have?
IRICO Group New Energy Co. Ltd. Class H has 96,248,670 shares outstanding.
What happened to IRICO Group New Energy Co. Ltd. Class H’s price movement after its last earnings report?
IRICO Group New Energy Co. Ltd. Class H reported an EPS of -HK$1.643 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of IRICO Group New Energy Co. Ltd. Class H?
Currently, no hedge funds are holding shares in HK:0438
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
IRICO Group New Energy Co. Ltd. Class H Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.41%
12-Months-Change
Fundamentals
Return on Equity
-57.16%
Trailing 12-Months
Asset Growth
-1.33%
Trailing 12-Months
Company Description
IRICO Group New Energy Co. Ltd. Class H
IRICO Group New Energy Company Limited, operating with its various subsidiaries, is primarily involved in the research, development, manufacturing, and global distribution of advanced photovoltaic glass for the new energy sector, serving both the People's Republic of China and international markets. The company further provides solar cells and their associated components, and actively participates in photovoltaic power generation. Established in 2004, the organization was previously known as IRICO Group Electronics Company Limited before rebranding to its current name in January 2016. Its corporate headquarters are located in Xianyang, People's Republic of China.
Technical Analysis
Coolpad Group
―
GCL Technology Holdings Limited
―
Xinyi Solar Holdings
―
Comtec Solar Systems Group Ltd.
―
Xinte Energy Co., Ltd. Class H
―