Shunfeng International Clean Energy (1165) AI Stock Analysis

• Market Cap: $127.06M
• Dividend Yield: N/A
• Average Volume (3M): 16.95M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.41
• Revenue Growth: -21.67%
• EPS Growth: -18.64%
• Country: HK
• Employees: 72
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -0.04
• Shares Outstanding: 5,082,375,500
• 10 Day Avg. Volume: 17,943,450
• 30 Day Avg. Volume: 16,949,083
• PEG Ratio: 0.09
• Price to Book (P/B): -0.06
• Price to Sales (P/S): 0.78
• P/FCF Ratio: -8.69
• Enterprise Value/Market Cap: 21.30
• Enterprise Value/Revenue: 16.94
• Enterprise Value/Gross Profit: 65.88
• Enterprise Value/Ebitda: 50.31
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues, net losses, and negative equity. Technical analysis provides a neutral outlook, while valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield.

Shunfeng International Clean Energy Business Overview & Revenue Model

Company Description

Shunfeng International Clean Energy Limited, together with its subsidiaries, provides clean energy and low-carbon energy-saving integrated solutions in the Peoples' Republic of China and internationally. The company manufactures and sells solar products, as well as offers related installation services. It also engages in the solar power generation business; and develops hydrogen energy equipment of heavy duty trucks. The company was formerly known as Shunfeng Photovoltaic International Limited and changed its name to Shunfeng International Clean Energy Limited in November 2014. Shunfeng International Clean Energy Limited is headquartered in Central, Hong Kong.

How the Company Makes Money

Shunfeng International Clean Energy makes money primarily through the generation and sale of electricity generated from its solar power plants. The company owns and operates a diverse portfolio of solar power assets, which are connected to national and local electricity grids. Revenue is generated via power purchase agreements (PPAs) with utilities and private companies, offering stable and predictable income streams. Additionally, the company may engage in the sale of photovoltaic (PV) products and related services, including design, engineering, and maintenance of solar power systems. Strategic partnerships and collaborations in the renewable energy sector further enhance its revenue potential by expanding its market reach and technological capabilities.

Shunfeng International Clean Energy Financial Statement Overview

Summary

The company is facing significant financial challenges, with declining revenues, persistent net losses, and negative equity. High debt levels and inconsistent cash flow generation further exacerbate financial instability, necessitating considerable improvements in operational efficiency and financial restructuring.

Income Statement

The company's income statement reveals weak financial performance with declining revenue and persistent net losses. Revenue decreased from 2020 to 2024, with a notable drop in 2024. Gross profit margin has reduced over the years, and the net profit margin is negative, indicating unprofitability. Despite a positive EBITDA margin, the EBIT margin is negative, suggesting high non-cash expenses or impairments.

Balance Sheet

The balance sheet of the company shows a precarious financial position with negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is extremely high due to negative equity, highlighting significant financial risk. The equity ratio is also negative, which is concerning for solvency. The company is highly leveraged, posing risks to financial stability.

Cash Flow

The cash flow statement highlights severe issues with cash flow generation. Operating cash flows have been inconsistent, with 2024 showing zero operating cash flow. Free cash flow has also been volatile, with significant declines and fluctuations over the years. The lack of positive and stable cash flow generation raises concerns about the company's ability to manage operations and debt obligations effectively.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	159.79M	238.48M	313.14M	650.19M	1.47B
Gross Profit	41.08M	118.19M	144.42M	296.76M	688.09M
EBITDA	53.80M	143.94M	273.94M	501.42M	1.11B
Net Income	-435.48M	-449.46M	-178.63M	-872.47M	-501.62M
Balance Sheet
Total Assets	3.05B	3.25B	5.06B	6.75B	9.71B
Cash, Cash Equivalents and Short-Term Investments	13.08M	97.45M	532.62M	55.68M	237.08M
Total Debt	3.88B	3.22B	5.03B	5.28B	6.62B
Total Liabilities	4.96B	4.72B	6.06B	7.63B	9.63B
Stockholders Equity	-1.97B	-1.54B	-1.09B	-974.32M	-1.47B
Cash Flow
Free Cash Flow	-14.28M	14.40M	176.28M	221.40M	-97.06M
Operating Cash Flow	-4.49M	43.83M	190.08M	286.79M	-23.60M
Investing Cash Flow	21.78M	169.24M	1.56B	190.16M	2.06B
Financing Cash Flow	-101.66M	-648.26M	-1.27B	-647.96M	-1.90B

Shunfeng International Clean Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1165, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.58 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1165.

Shunfeng International Clean Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8326	72 Outperform	HK$204.91M	2.45	20.06%	―	34.44%	83.60%
0987	70 Outperform	HK$378.43M	10.13	0.90%	3.31%	15.92%	―
0451	54 Neutral	HK$1.18B	-1.71	-25.12%	―	39.42%	56.89%
1165	43 Neutral	$127.06M	―	―	―	-21.67%	-18.64%
0295	41 Neutral	HK$254.40M	-0.48	-23.00%	―	―	―
0527	40 Underperform	HK$1.37B	-9.51	―	―	5.48%	-11.10%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%

Shunfeng International Clean Energy Corporate Events

Shunfeng International Clean Energy Pursues Debt Restructuring Amid Creditor Support

Shunfeng International Clean Energy Limited has announced ongoing negotiations with key creditors and potential investors to address its overdue debts through a comprehensive debt restructuring plan. The company has received verbal and written support from major creditors for a scheme of arrangement and has engaged Fortune Ark Restructuring Limited as a financial advisor to draft and evaluate the restructuring terms. Despite rejecting a previous proposal, the company continues to seek consensus on restructuring terms, aiming to secure the necessary support from its creditors.

Shunfeng International Clean Energy to Review Interim Financial Results

Shunfeng International Clean Energy Limited has announced that its Board of Directors will meet on August 29, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025. The meeting will also consider the recommendation of an interim dividend, which could have implications for shareholders and the company’s financial strategies.

Shunfeng International Clean Energy Updates on Financial Resolution Plans

Shunfeng International Clean Energy Limited has provided an update on its action plans to resolve a disclaimer of opinion issued by its auditor concerning the company’s financial statements for the year ended December 31, 2024. The update details the status of proceeds collection from various disposals made in 2019, 2020, and 2021, which have been delayed due to compliance and legal issues. The company expects to receive the remaining proceeds from these disposals between December 2025 and June 2026, which is crucial for addressing the uncertainties regarding its going concern status.

Shunfeng International Clean Energy Successfully Concludes AGM with All Resolutions Passed

Shunfeng International Clean Energy Limited held its Annual General Meeting on June 20, 2025, where all proposed resolutions were passed with a significant majority. The resolutions included the approval of financial statements, re-election of directors, reappointment of auditors, and granting of mandates to the board for share issuance and repurchase. This successful AGM reflects strong shareholder support and positions the company to continue its strategic initiatives in the clean energy market.

Shunfeng International Clean Energy Secures Validation Order Amidst Winding-Up Petition

Shunfeng International Clean Energy Limited announced that the High Court of Hong Kong granted a validation order regarding a winding-up petition. This order ensures that any transfer of shares since February 13, 2025, will remain valid even if the company is eventually wound up. This development is crucial for maintaining shareholder confidence and stability in the company’s stock amidst ongoing legal proceedings.