China Ruifeng Renewable Energy Holdings Ltd. (0527) AI Stock Analysis

• Market Cap: HK$1.30B
• Dividend Yield: N/A
• Average Volume (3M): 8.32M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.28
• Revenue Growth: 5.48%
• EPS Growth: -11.10%
• Country: HK
• Employees: 152
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -0.02
• Shares Outstanding: 1,714,719,100
• 10 Day Avg. Volume: 6,664,960
• 30 Day Avg. Volume: 8,323,006
• PEG Ratio: 0.38
• Price to Book (P/B): -7.48
• Price to Sales (P/S): 3.04
• P/FCF Ratio: -1.60
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: HK$0.50 ▼(-34.21% Downside)

The overall stock score reflects significant financial challenges, including high leverage and negative equity, which are the most impactful factors. Technical analysis shows some short-term strength, but valuation remains poor due to negative earnings and lack of dividends.

China Ruifeng Renewable Energy Holdings Ltd. Business Overview & Revenue Model

Company Description

China Ruifeng Renewable Energy Holdings Limited, an investment holding company, generates wind power in the People's Republic of China. The company operates wind farms; produces wind turbine blades and components; offers electrical and mechanical equipment maintenance services; and money lending services. It also produces healthy products; and provides management and administration services. The company was formerly known as China Ruifeng Galaxy Renewable Energy Holdings Limited and changed its name to China Ruifeng Renewable Energy Holdings Limited in June 2013. China Ruifeng Renewable Energy Holdings Limited was incorporated in 2005 and is based in Wan Chai, Hong Kong.

How the Company Makes Money

China Ruifeng Renewable Energy Holdings Ltd. generates revenue mainly through the sale of electricity produced from its renewable energy projects, including solar and wind farms. The company earns income from long-term power purchase agreements (PPAs) with local utilities and government entities, ensuring a steady revenue stream. Additionally, the manufacturing and sale of photovoltaic products contribute to its earnings. Strategic partnerships with other companies in the renewable sector and government incentives for renewable energy projects further enhance its financial performance. The company's revenue model is also supported by the growing demand for sustainable energy solutions in China, driven by regulatory policies favoring renewable energy development.

China Ruifeng Renewable Energy Holdings Ltd. Financial Statement Overview

Summary

China Ruifeng Renewable Energy Holdings Ltd. faces significant financial challenges with declining revenue, high debt levels, and insufficient cash flow generation. Despite a reasonable gross profit margin, persistent net losses and negative equity indicate a need for strategic restructuring to improve financial health and sustainability.

Income Statement

China Ruifeng Renewable Energy Holdings Ltd. has been experiencing declining revenues and profitability. The gross profit margin is relatively healthy, but the company has reported a consistent net loss, indicating challenges in cost management and operational efficiency. The revenue growth rate is negative, reflecting a downturn in sales performance.

Balance Sheet

The company's balance sheet reveals high leverage with a significant debt-to-equity ratio due to negative equity. The equity ratio is negative, indicating insolvency risk. Return on Equity is not meaningful due to negative equity, and the company needs to address its capital structure to enhance financial stability.

Cash Flow

Cash flows are under pressure, with operating cash flow recently dropping to zero. Historical free cash flow was positive, but the absence of growth in the latest year is concerning. The company must improve its cash generation capabilities to support operations and debt obligations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	336.27M	343.81M	304.44M	352.41M	346.40M
Gross Profit	119.17M	125.96M	64.11M	112.77M	123.37M
EBITDA	157.52M	214.64M	157.97M	-38.63M	123.19M
Net Income	-132.52M	-108.95M	-154.45M	-368.56M	-213.01M
Balance Sheet
Total Assets	2.48B	1.87B	2.01B	2.24B	3.10B
Cash, Cash Equivalents and Short-Term Investments	245.65M	387.53M	423.17M	244.98M	860.94M
Total Debt	2.08B	1.52B	1.73B	1.71B	2.22B
Total Liabilities	2.39B	1.65B	1.89B	1.96B	2.47B
Stockholders Equity	-136.61M	10.75M	-73.90M	72.52M	402.01M
Cash Flow
Free Cash Flow	-639.43M	122.69M	362.25M	105.43M	177.86M
Operating Cash Flow	109.36M	126.24M	363.08M	134.80M	183.50M
Investing Cash Flow	-649.88M	7.70M	6.11M	-66.36M	-7.20M
Financing Cash Flow	398.68M	-170.00M	-192.24M	-683.71M	580.07M

China Ruifeng Renewable Energy Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0527, the sentiment is Positive. The current price of 0.76 is above the 20-day moving average (MA) of 0.75, above the 50-day MA of 0.64, and above the 200-day MA of 0.54, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 57.57 is Neutral, neither overbought nor oversold. The STOCH value of 48.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0527.

China Ruifeng Renewable Energy Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8326	74 Outperform	HK$206.14M	2.46	23.45%	―	34.44%	83.60%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
0987	60 Neutral	HK$330.81M	8.86	2.00%	3.82%	15.92%	―
0090	59 Neutral	HK$678.73M	17.27	4.04%	0.99%	16.01%	-53.67%
0527	48 Neutral	HK$1.30B	―	―	―	5.48%	-11.10%
0295	42 Neutral	HK$269.36M	―	―	―	―	―
0451	40 Underperform	$1.15B	―	-35.49%	―	39.42%	56.89%

China Ruifeng Renewable Energy Holdings Ltd. Corporate Events

China Ruifeng Faces Delays in Key Transactions Amid Internal Approval Hurdles

China Ruifeng Renewable Energy Holdings Ltd. has announced a delay in the completion of its proposed transactions, including share subscriptions and a major acquisition, due to internal approval delays at Hebei Transportation Investment Group. Despite these setbacks, the company is actively working to progress the transactions by urging timely submissions and documentation from involved parties, with expectations to resolve these issues by mid-October 2025.

China Ruifeng’s Energy Storage Project Achieves Key Milestones

China Ruifeng Renewable Energy Holdings Ltd. has announced the successful completion and operational commencement of its Ruifeng Gongqingfang Station, a 300 megawatt/1.2 gigawatt-hour energy storage power station in Hebei Province. This project marks a significant milestone in independent energy storage management in the region, supporting the national ‘dual carbon’ goals and enhancing the northern Hebei power grid’s capabilities. The station has achieved several firsts in market-oriented transactions, including rapid registration and participation in various power trading activities, leading to substantial trading capacity and profits in the energy market.

China Ruifeng Renewable Energy Reports Interim Loss Despite Revenue Growth

China Ruifeng Renewable Energy Holdings Ltd. reported its unaudited interim results for the six months ending June 30, 2025, showing a revenue increase from RMB 173,602,000 in 2024 to RMB 183,438,000 in 2025. However, the company experienced a loss of RMB 40,357,000 for the period, attributed to increased finance costs and administrative expenses, impacting its profitability and shareholder returns.

China Ruifeng Faces Further Delays in Circular Dispatch Amid Financial Document Hurdles

China Ruifeng Renewable Energy Holdings Ltd. announced a further delay in the dispatch of a circular related to proposed share subscriptions, convertible bonds, and a major acquisition due to internal approval delays and incomplete financial statements. The delay impacts the company’s ability to finalize necessary financial documents and obtain independent financial advice, with the new expected dispatch date set for on or before October 31, 2025.

China Ruifeng Renewable Energy Schedules Board Meeting for Interim Results

China Ruifeng Renewable Energy Holdings Ltd. has announced a board meeting scheduled for August 29, 2025, to review and approve the company’s unaudited interim results for the first half of 2025 and consider the declaration of an interim dividend. This meeting could impact the company’s financial outlook and dividend policy, influencing investor sentiment and market positioning.

China Ruifeng Faces Delays in Key Transactions Amid Management Changes

China Ruifeng Renewable Energy Holdings Ltd. has announced a delay in its proposed transactions, including the subscription of new shares, convertible bonds, and the acquisition of a 50% equity interest in a target company. The delays are due to internal approval processes at Hebei Transportation Investment Group, the parent company of Subscriber A Holdco, which have been prolonged by senior management changes. This has also affected the preparation of financial statements for the Target Group, impacting the company’s ability to include these in its Circular. Despite these setbacks, the company is actively working to advance the process by coordinating with Subscriber A Holdco to expedite the submission of necessary applications and documents.