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IRICO Group New Energy Co. Ltd. Class H (HK:0438)
:0438
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$1.82 - HK$3.15
Previous CloseN/A
Volume36.40K
Average Volume (3M)31.53K
Market Cap
HK$345.59M
Enterprise ValueHK$5.87B
Total Cash (Recent Filing)HK$880.78M
Total Debt (Recent Filing)HK$6.37B
Price to Earnings (P/E)―
Beta0.56
Next Earnings
Mar 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.80
Shares Outstanding96,248,670
10 Day Avg. Volume29,170
30 Day Avg. Volume31,527
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.35
Price to Sales (P/S)0.16
P/FCF Ratio-0.51
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
PV Glass Supply-chain FocusA clear focus on PV glass and downstream deep-processing positions the company within a structural growth market: solar module demand underpins long-term volume potential. Specialized manufacturing for modules creates sticky customer relationships and technical barriers to entry versus general glass producers.
Historical Profitability Track RecordPrior multi-year profitability shows the business model can generate margins when demand/pricing are favorable. That operational track record implies fixed costs and processes can support returns, enabling recovery if market pricing or utilization improves over the medium term.
Stable Asset Base And Manufacturing ScaleRelatively stable asset levels and a workforce of over 2,500 imply existing capacity and sunk manufacturing capability, reducing the need for heavy incremental capex to scale up. This preserves recovery optionality if demand rebounds, supporting durable production capability.
Bears Say
Recent Sustained Losses And Margin CollapseA shift to negative gross profit signals structural margin pressure from pricing, cost inflation, or oversupply. Sustained losses erode reserves and operational flexibility, making consistent profitability recovery dependent on durable demand improvement or meaningful cost/price recovery.
Weak And Inconsistent Cash GenerationNegative operating and free cash flows reduce internal funding for working capital and capex, increasing reliance on external financing. Over months this raises refinancing risk and could constrain investment in efficiency or capacity needed to restore margins, pressuring medium-term operations.
Elevated Leverage And Shrinking EquityHigh debt relative to equity limits financial flexibility and raises solvency risk if earnings remain weak. Elevated leverage increases interest burden and narrows ability to absorb cyclical shocks, making sustained recovery dependent on improved margins or external capital support.
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$1.82 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$345.59M.
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 Mar 31, 2026 which is in 37 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 Aug 28, 2025. The company reported -HK$1.801 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$1.801.
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$1.801 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.586%.
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
-46.12%
Trailing 12-Months
Asset Growth
-2.22%
Trailing 12-Months
Company Description
IRICO Group New Energy Co. Ltd. Class H
IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, production, and sale of new energy photovoltaic glass in the People's Republic of China and internationally. The company also offers solar cells and components. In addition, it is involved in photovoltaic power generation. The company was formerly known as IRICO Group Electronics Company Limited and changed its name to IRICO Group New Energy Company Limited in January 2016. The company was founded in 2004 and is headquartered in Xianyang, the People's Republic of China.
Technical Analysis
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