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Tonking New Energy Group Holdings Ltd. (HK:8326)
:8326
Hong Kong Market
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Tonking New Energy Group Holdings Ltd. (8326) AI Stock Analysis

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HK:8326

Tonking New Energy Group Holdings Ltd.

(8326)

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Rating:74Outperform
Price Target:
HK$0.17
▲(8.75% Upside)
Action:Upgraded
Date:12/13/25
Strong financial improvements in profitability, capital returns, and cash flow drive the score, bolstered by compelling low P/E valuation; neutral technicals with price stability temper upside.
Positive Factors
Profitability Improvement
The significant improvement in net profit margin indicates enhanced profitability, showcasing effective cost management and operational efficiency.
Negative Factors
Revenue Volatility
Declining revenue growth raises concerns about future revenue stability, potentially impacting the company's ability to sustain its growth trajectory.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Improvement
The significant improvement in net profit margin indicates enhanced profitability, showcasing effective cost management and operational efficiency.
Read all positive factors

Tonking New Energy Group Holdings Ltd. (8326) vs. iShares MSCI Hong Kong ETF (EWH)

Tonking New Energy Group Holdings Ltd. Business Overview & Revenue Model

Company Description
Tonking New Energy Group Holdings Limited functions as an investment holding company, deeply involved in the renewable energy sector throughout the People's Republic of China. Its operational scope includes offering comprehensive, integrated servi...
How the Company Makes Money
Tonking New Energy Group Holdings Ltd. generates revenue through multiple streams. Its primary source of income comes from the sale of solar panels and related renewable energy products. The company also earns money through installation services, ...

Tonking New Energy Group Holdings Ltd. Financial Statement Overview

Summary
Solid profitability with improving margins (Gross 15%, Net 7%, EBIT 8.7%, EBITDA 9.1%), strong ROE at 20.1%, moderate D/E of 0.41, and sharp FCF turnaround (828.7% growth), offset by revenue decline and low OCF to net income conversion.
Income Statement
73
Positive
Balance Sheet
67
Positive
Cash Flow
62
Positive
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue363.99M1.03B766.11M688.97M240.52M
Gross Profit71.56M154.41M96.51M72.18M44.40M
EBITDA17.30M94.20M48.84M45.21M12.37M
Net Income5.86M71.65M32.82M27.63M5.50M
Balance Sheet
Total Assets698.36M806.59M649.25M516.08M423.19M
Cash, Cash Equivalents and Short-Term Investments155.12M80.67M44.32M54.62M34.58M
Total Debt120.02M146.06M146.46M98.33M87.79M
Total Liabilities305.66M430.78M376.93M260.17M171.33M
Stockholders Equity373.13M357.20M253.90M236.44M229.63M
Cash Flow
Free Cash Flow0.0049.03M-62.75M20.92M9.80M
Operating Cash Flow0.0051.18M-60.28M22.07M14.42M
Investing Cash Flow0.00-39.65M6.87M-7.27M-7.51M
Financing Cash Flow0.0025.40M45.13M7.12M6.97M

Tonking New Energy Group Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.16
Price Trends
50DMA
0.14
Positive
100DMA
0.15
Positive
200DMA
0.15
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
68.09
Neutral
STOCH
59.87
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8326, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 68.09 is Neutral, neither overbought nor oversold. The STOCH value of 59.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8326.

Tonking New Energy Group Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
HK$201.23M10.454.46%-64.66%-93.12%
67
Neutral
HK$6.60B6.836.50%7.26%1.50%9.01%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
53
Neutral
HK$1.61B13.711.88%7.18%-0.74%
46
Neutral
HK$121.98M-0.2424.82%
38
Underperform
HK$2.67B-51.34-0.49%0.91%3.80%-106.51%
38
Underperform
HK$966.32M-0.67-185.82%-46.74%-71.88%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8326
Tonking New Energy Group Holdings Ltd.
0.16
0.01
7.89%
HK:0182
Concord New Energy Group
0.33
-0.07
-16.88%
HK:1165
Shunfeng International Clean Energy
0.02
<0.01
4.35%
HK:0451
GCL New Energy Holdings
0.54
-0.49
-47.57%
HK:3868
Xinyi Energy Holdings Limited
0.79
-0.47
-37.25%
HK:1257
China Everbright Greentech Ltd.
0.78
-0.19
-19.75%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 13, 2025