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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 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 21.92B | 26.63B | 20.54B | 16.06B | 12.32B |
| Gross Profit | 3.47B | 7.09B | 6.12B | 7.52B | 6.56B |
| EBITDA | 4.26B | 7.78B | 6.90B | 7.85B | 6.82B |
| Net Income | 1.01B | 4.19B | 3.82B | 4.92B | 4.56B |
Balance Sheet | |||||
| Total Assets | 56.93B | 60.43B | 50.58B | 49.07B | 43.42B |
| Cash, Cash Equivalents and Short-Term Investments | 1.08B | 2.88B | 5.37B | 7.46B | 9.29B |
| Total Debt | 12.54B | 11.51B | 8.91B | 8.85B | 6.81B |
| Total Liabilities | 22.52B | 22.57B | 15.34B | 12.96B | 11.19B |
| Stockholders Equity | 29.05B | 31.97B | 29.75B | 30.31B | 26.52B |
Cash Flow | |||||
| Free Cash Flow | -3.69B | -4.10B | -723.25M | -1.15B | 1.06B |
| Operating Cash Flow | 1.31B | 5.79B | 5.92B | 3.79B | 4.35B |
| Investing Cash Flow | -4.01B | -10.40B | -5.52B | -4.91B | -2.36B |
| Financing Cash Flow | 822.27M | 2.19B | -1.99B | -805.82M | 4.99B |
Xinyi Solar Holdings Technical Analysis
Xinyi Solar Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $29.69B | 26.89 | 3.28% | 7.65% | -17.68% | -76.04% | |
50 Neutral | C$3.05B | 2.41 | -63.57% | 2.27% | 4.49% | -6.15% | |
| ― | $94.74M | ― | -1.29% | ― | ― | ― | |
| ― | $4.72B | ― | -11.91% | ― | ― | ― | |
41 Neutral | HK$10.71B | ― | -11.29% | ― | -32.63% | -185.82% |
Xinyi Solar Holdings Corporate Events
Xinyi Solar Holdings Limited has announced that its board of directors will hold a meeting on August 1, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (HK:0968) stock is a Sell with a HK$1.90 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 issued a negative profit alert for the first half of 2025, anticipating a significant decrease in net profit by 56% to 66% compared to the same period in 2024. This decline is mainly due to reduced average selling prices of solar glass products caused by an oversupply in the market, and the recognition of impairment losses on certain non-operational solar glass production facilities. Despite these challenges, the company notes an improvement over the second half of 2024, driven by increased sales volume from a surge in solar installations in China and reduced raw material and energy costs.
The most recent analyst rating on (HK:0968) stock is a Sell with a HK$1.90 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 updated the terms of reference for its Nomination Committee, emphasizing a majority of independent non-executive directors and gender diversity. The Committee is tasked with reviewing the board’s structure and composition, identifying qualified board candidates, and assessing director independence, which is pivotal for maintaining corporate governance and aligning with strategic goals.
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 successfully completed the issuance of the first tranche of Panda Bonds in China, raising RMB800 million with a coupon rate of 2.1% per annum for a three-year term. The proceeds will be used to replenish the working capital of the company’s subsidiaries, aiding in the expansion of funding sources and reducing capital costs by leveraging low interest rates in the Chinese market.
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 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.