IRICO Group New Energy Co. Ltd. Class H (HK:0438)
:0438
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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$255.67M
Enterprise ValueHK$6.59B
Total Cash (Recent Filing)HK$372.77M
Total Debt (Recent Filing)HK$6.69B
Price to Earnings (P/E)―
Beta0.63
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
Specialized PV Glass ManufacturingOwning specialized manufacturing and processing capabilities for PV glass (tempering, coatings, deep-processing) is a durable operational advantage. These technical processes are not easily replicated, creating stickiness with module makers and enabling bundled value-added services that support recurring revenue over time.
Meaningful 2025 Revenue ReboundA large top-line rebound demonstrates the company can scale sales and restore volume after a downturn. Higher volumes can spread fixed costs and, if sustained, provide a pathway to restore operating leverage and improve margins, making the business more resilient over the medium term.
Exposure To Structural Solar Industry DemandBeing focused on PV materials places the firm squarely in a structural market where module production drives long-term demand for glass inputs. This positioning supports a persistent addressable market and the potential for multi-year contracts and volumes if the company stabilizes operations and pricing.
Bears Say
Negative Margins And Deepening LossesSustained negative gross margins and widening net losses signal structural pricing or cost issues. Persistent unprofitable operations erode retained earnings, limit reinvestment capacity, and make achieving durable profitability difficult without material changes to pricing, input costs, or product mix.
Severe Leverage And Weakened EquityVery high leverage sharply reduces financial flexibility and increases solvency risk. Heavy debt amplifies downturns via interest burden, constrains ability to fund capex or restructuring, and raises the probability that future financing will be costly or dilutive, impairing long-term recovery prospects.
Recurring Negative Operating And Free Cash FlowRepeated negative operating and free cash flow implies ongoing cash burn and dependence on external funding. This undermines sustainability: it limits the ability to service debt, invest in efficiency or product upgrades, and increases the risk of emergency financing or asset sales if conditions deteriorate.
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$255.67M.
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 77 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
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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.
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