IDG Energy Investment Limited (0650) AI Stock Analysis

• Market Cap: HK$1.61B
• Dividend Yield: N/A
• Average Volume (3M): 2.59M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.42
• Revenue Growth: -48.71%
• EPS Growth: 11.80%
• Country: HK
• Employees: 396
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): -0.02
• Shares Outstanding: 7,413,575,700
• 10 Day Avg. Volume: 767,200
• 30 Day Avg. Volume: 2,585,548
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by significant losses and negative cash flows. Technical analysis suggests a bearish trend with potential oversold conditions, while valuation metrics indicate unprofitability and lack of dividend yield. These factors collectively result in a low overall score, highlighting the need for substantial improvements in financial health and operational efficiency.

IDG Energy Investment Limited Business Overview & Revenue Model

Company Description

IDG Energy Investment Limited (0650) is a Hong Kong-based investment holding company primarily engaged in the energy sector. The company focuses on the development, investment, and management of clean energy projects, including renewable energy sources such as solar and wind power. IDG Energy aims to capitalize on the growing demand for sustainable energy solutions and is involved in various stages of energy project development, from planning and financing to operation and maintenance.

How the Company Makes Money

IDG Energy Investment Limited generates revenue through multiple streams associated with its energy projects. The primary revenue model includes generating income from the sale of electricity produced by its renewable energy facilities. The company may also earn revenue through project development fees, consulting services related to energy management, and potential government subsidies or incentives for clean energy initiatives. Partnerships with other energy firms and stakeholders can further enhance profitability by providing access to additional resources, technology, and market opportunities, thereby contributing to the company's overall earnings.

IDG Energy Investment Limited Financial Statement Overview

Summary

IDG Energy Investment Limited is facing significant financial challenges. The income statement reflects declining revenues and substantial losses, while the balance sheet shows limited leverage but poor returns on equity. Cash flow issues further exacerbate the situation, with negative operating and free cash flows. The company needs to address its operational inefficiencies and improve its revenue generation to stabilize its financial position.

Income Statement

The income statement reveals significant challenges, with negative revenue growth and consistently negative profit margins. The gross profit margin has decreased over the years, and the net profit margin is deeply negative, indicating substantial losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies. Overall, the company is struggling to generate revenue and control costs effectively.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio, suggesting limited leverage, which is a positive aspect. However, the return on equity is negative, indicating that the company is not generating returns for its shareholders. The equity ratio is stable, but the overall financial health is weakened by persistent losses.

Cash Flow

The cash flow statement highlights negative operating and free cash flows, which have been deteriorating over time. The free cash flow to net income ratio is positive, suggesting some ability to cover net losses, but the overall cash flow position is concerning due to negative growth and insufficient cash generation from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	369.37M	278.83M	543.64M	553.53M	-190.31M	-207.57M
Gross Profit	57.22M	63.96M	82.20M	97.91M	-291.09M	-305.24M
EBITDA	-208.86M	-191.42M	-236.61M	-124.71M	-408.01M	-297.52M
Net Income	-366.51M	-303.81M	-347.48M	-222.51M	-495.01M	-386.70M
Balance Sheet
Total Assets	2.57B	2.32B	2.62B	2.91B	2.87B	3.61B
Cash, Cash Equivalents and Short-Term Investments	479.12M	408.74M	531.44M	872.56M	1.78B	1.06B
Total Debt	312.84M	351.40M	286.32M	98.19M	17.18M	69.16M
Total Liabilities	952.01M	868.86M	864.91M	710.97M	279.65M	561.25M
Stockholders Equity	1.63B	1.47B	1.77B	2.21B	2.59B	2.90B
Cash Flow
Free Cash Flow	-263.14M	-184.50M	-234.53M	-260.02M	-19.51M	34.67M
Operating Cash Flow	-223.87M	-132.32M	-202.51M	-229.89M	-11.57M	81.73M
Investing Cash Flow	-41.58M	5.73M	261.86M	69.38M	-412.54M	-148.85M
Financing Cash Flow	146.84M	62.81M	92.89M	-114.94M	-21.62M	-62.04M

IDG Energy Investment Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0650, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.25, and above the 200-day MA of 0.22, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.55 is Neutral, neither overbought nor oversold. The STOCH value of 7.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0650.

IDG Energy Investment Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2149	―	HK$3.15B	15.78	16.76%	―	5.19%	34.68%
0522	―	$35.04B	143.00	1.55%	0.58%	-0.64%	-39.74%
1385	―	$44.97B	72.21	7.85%	0.20%	12.62%	-4.75%
0085	―	HK$3.21B	7.70	17.96%	5.81%	-18.35%	-6.00%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1347	―	HK$166.11B	684.39	0.44%	0.19%	10.75%	-68.85%
0650	―	HK$1.61B	―	-18.86%	―	-48.71%	11.80%

IDG Energy Investment Limited Corporate Events

Productive Technologies Announces Unanimous Approval of AGM Resolutions

Productive Technologies Company Limited, listed on the Hong Kong Stock Exchange, held its Annual General Meeting on September 25, 2025, where all proposed ordinary resolutions were unanimously approved by shareholders. The resolutions included the re-election of directors and the appointment of Rongcheng (Hong Kong) CPA Limited as the company’s auditor, reflecting strong shareholder support and stability in the company’s governance structure.

The most recent analyst rating on (HK:0650) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on IDG Energy Investment Limited stock, see the HK:0650 Stock Forecast page.

Productive Technologies Announces AGM with Key Resolutions

Productive Technologies Company Limited has announced its upcoming annual general meeting scheduled for September 25, 2025, in Hong Kong. The meeting will address several key resolutions, including the re-election of directors, the appointment of a new auditor, and the authorization for the board to manage share allotments. These resolutions are significant for the company’s governance and operational strategy, potentially impacting its market positioning and shareholder relations.

Productive Technologies Proposes Change of Auditor to Enhance Independence

Productive Technologies Company Limited, a company incorporated in Bermuda and continued in the Cayman Islands, has announced a proposed change of its auditor. The board has decided not to re-appoint KPMG, which has served as the company’s auditor since 2016, in a move aimed at enhancing auditor independence and bringing new perspectives. The company plans to appoint Rongcheng (Hong Kong) CPA Limited as the new auditor, subject to shareholder approval at the upcoming annual general meeting. This decision aligns with the company’s commitment to maintaining high standards of corporate governance, transparency, and accountability, and is not expected to have any material impact on the group’s operations.