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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.

(HKEX:8326)

Select Model
Rating:74Outperform
Price Target:HKD 0.17â–²(67.31% 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 ImprovementThe significant improvement in net profit margin indicates enhanced profitability, showcasing effective cost management and operational efficiency.
Negative Factors
Revenue VolatilityDeclining revenue growth raises concerns about future revenue stability, potentially impacting the company's ability to sustain its growth trajectory.

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

-50%-40%-30%-20%-10%0%10%20%HK:8326-36.97%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 117.70M
Dividend Yield
―
Average Volume (3M)
2.09M
Price to Earnings (P/E)
13.6
Beta (1Y)
0.11
Revenue Growth
-64.66%
EPS Growth
-93.12%
Country
Hong Kong
Employees
149
Sector
Utilities
Sector Strength
66
Industry
Renewable Utilities

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 services...

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, whe...

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

73Positive

Balance Sheet

67Positive

Cash Flow

62Positive
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue835.21M363.99M1.03B766.11M688.97M240.52M
Gross Profit146.24M71.56M154.41M96.51M72.18M44.40M
EBITDA81.68M17.34M94.20M48.84M45.21M12.37M
Net Income37.24M5.86M71.65M32.82M27.63M5.50M
Balance Sheet
Total Assets698.36M698.36M806.59M649.25M516.08M423.19M
Cash, Cash Equivalents and Short-Term Investments147.03M155.12M80.67M44.32M54.62M34.58M
Total Debt120.02M120.02M146.06M146.46M98.33M87.79M
Total Liabilities305.66M305.66M430.78M376.93M260.17M171.33M
Stockholders Equity373.13M373.13M357.20M253.90M236.44M229.63M
Cash Flow
Free Cash Flow14.84M049.03M-62.75M20.92M9.80M
Operating Cash Flow15.91M051.18M-60.28M22.07M14.42M
Investing Cash Flow-8.89M0-39.65M6.87M-7.27M-7.51M
Financing Cash Flow270.00K025.40M45.13M7.12M6.97M

Tonking New Energy Group Holdings Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.10

Price Trends

50DMA0.13Negative
100DMA0.14Negative
200DMA0.15Negative

Market Momentum

MACD-0.01Negative
RSI41.64Neutral
STOCH43.11Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8326, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.13, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 41.64 is Neutral, neither overbought nor oversold. The STOCH value of 43.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8326.

Tonking New Energy Group Holdings Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (66)

Financial Indicators

HK:8326 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:8326HK:832674OutperformHKD 127.61M13.552.34%―-64.66%-93.12%
HK:3868HK:386866NeutralHKD 6.29B6.356.50%7.81%1.50%9.01%
Sector *66Neutral$17.65B18.105.60%3.62%6.62%11.55%
HK:1257HK:125753NeutralHKD 1.51B12.831.88%7.81%-0.74%―
HK:1165HK:116546NeutralHKD 121.98M-0.2424.82%―――
HK:0182HK:018242NeutralHKD 2.24B-44.74-0.49%1.03%3.80%-106.51%
HK:0451HK:045137UnderperformHKD 664.90M-0.46-185.82%―-46.74%-71.88%

* Utilities Sector Average

Performance Comparison

-50%0%50%100%HK:8326HK:0182HK:1165HK:0451HK:3868HK:1257Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:8326 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:8326Tonking New Energy Group Holdings Ltd.0.10-0.06-37.35%
HK:0182Concord New Energy Group 0.29-0.09-24.08%
HK:1165Shunfeng International Clean Energy 0.020.0126.32%
HK:0451Gcl New Energy Holdings Limited0.38-0.40-51.30%
HK:3868Xinyi Energy Holdings Limited0.73-0.50-40.75%
HK:1257China Everbright Greentech Ltd.0.73-0.15-16.67%
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