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Xinyi Solar Holdings
(OTC:0968)
Xinyi Solar Holdings (0968) vs. iShares MSCI Hong Kong ETF (EWH)
Xinyi Solar Holdings Business Overview & Revenue Model
Xinyi Solar Holdings Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 27.17B | 26.63B | 20.54B | 16.06B | 12.32B | 9.10B | Gross Profit |
| 7.82B | 7.09B | 6.12B | 7.52B | 6.56B | 3.90B | EBIT |
| 6.65B | 5.89B | 5.09B | 6.38B | 5.74B | 3.20B | EBITDA |
| 8.55B | 7.78B | 6.90B | 7.85B | 6.82B | 4.20B | Net Income Common Stockholders |
| 4.76B | 4.19B | 3.82B | 4.92B | 4.56B | 2.42B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 981.29M | 2.88B | 5.37B | 7.46B | 9.29B | 2.22B | Total Assets |
| 23.89B | 60.43B | 50.58B | 49.07B | 43.42B | 28.40B | Total Debt |
| 8.77B | 11.51B | 8.91B | 8.85B | 6.81B | 7.31B | Net Debt |
| 7.99B | 8.69B | 3.59B | 1.39B | -2.48B | 5.09B | Total Liabilities |
| 11.83B | 22.57B | 15.34B | 12.96B | 11.19B | 9.82B | Stockholders Equity |
| 10.43B | 31.97B | 29.75B | 30.31B | 26.52B | 14.18B |
| Cash Flow | Free Cash Flow | ||||
| -3.78B | -4.10B | -723.25M | -1.15B | 1.06B | -719.54M | Operating Cash Flow |
| 4.90B | 5.79B | 5.92B | 3.79B | 4.35B | 1.63B | Investing Cash Flow |
| -7.99B | -10.40B | -5.52B | -4.91B | -2.36B | 1.50B | Financing Cash Flow |
| 2.15B | 2.19B | -1.99B | -805.82M | 4.99B | -1.68B |
Xinyi Solar Holdings Technical Analysis
Xinyi Solar Holdings Peers Comparison
Xinyi Solar Holdings Corporate Events
Xinyi Solar Holdings Limited and its subsidiary, Xinyi Energy Holdings Limited, have announced the proposed listing of selected solar farm projects in the PRC through a Solar Farm Infrastructure REIT. This strategic move involves selling selected solar farm assets to the REIT, aiming to enhance their market presence in the PRC. The listing is subject to regulatory approvals in both Hong Kong and the PRC, and it represents a significant transaction under the Hong Kong Listing Rules. The outcome of this listing could impact the company’s operations and its stakeholders, depending on market conditions and regulatory decisions.
The most recent analyst rating on (HK:0968) stock is a Buy with a HK$4.90 price target. To see the full list of analyst forecasts on Xinyi Solar Holdings stock, see the HK:0968 Stock Forecast page.
Xinyi Solar Holdings Limited held its Annual General Meeting on 30 May 2025, where all proposed resolutions were approved by shareholders. Key resolutions included the re-election of directors, the appointment of Ernst & Young as auditors, and the granting of mandates to repurchase and issue shares. These approvals are likely to strengthen the company’s governance and operational capabilities, reinforcing its position in the solar industry.
The most recent analyst rating on (HK:0968) stock is a Buy with a HK$4.90 price target. To see the full list of analyst forecasts on Xinyi Solar Holdings stock, see the HK:0968 Stock Forecast page.
Xinyi Solar Holdings Limited has announced proposed amendments to its constitutional documents to align with the latest legal and regulatory requirements in the Cayman Islands and Hong Kong. These changes include compliance with new electronic dissemination rules and the creation of treasury shares, pending approval at the upcoming annual general meeting. The amendments aim to enhance operational efficiency and ensure regulatory compliance, potentially impacting the company’s governance and shareholder engagement.
Xinyi Solar Holdings Limited has announced a change in its auditing firm, with PricewaterhouseCoopers retiring due to unresolved remuneration issues. The company plans to appoint Ernst & Young as the new auditor, pending shareholder approval, citing their industry expertise and compliance with Hong Kong’s financial standards as key factors in the decision.
Xinyi Solar Holdings Limited has announced the grant of 17,050,000 share options to its director and employees under its Share Option Scheme. The options, which are subject to performance-based vesting over three years, aim to align the interests of the grantees with the company and its shareholders, incentivizing long-term commitment and success in the Group’s operations.
Xinyi Solar Holdings Limited has received approval from the National Association of Financial Market Institutional Investors for the registration of Panda Bonds, with a proposed issuance of up to RMB3.0 billion over two years. The issuance of these bonds is subject to various factors, and the company will make further announcements regarding the detailed terms and conditions, impacting its financial strategy and market positioning.