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Xinte Energy Co., Ltd. Class H
(1799)
Xinte Energy Co., Ltd. Class H (1799) vs. iShares MSCI Hong Kong ETF (EWH)
Xinte Energy Co., Ltd. Class H Business Overview & Revenue Model
Xinte Energy Co., Ltd. Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.78B | 21.21B | 30.75B | 36.83B | 22.52B | 14.18B |
| Gross Profit | 1.63B | 1.36B | 9.37B | 20.35B | 9.15B | 2.30B |
| EBITDA | 2.00B | 1.48B | 9.25B | 19.51B | 8.57B | 2.09B |
| Net Income | -3.27B | -3.90B | 4.35B | 13.31B | 4.96B | 634.57M |
Balance Sheet | ||||||
| Total Assets | 83.85B | 81.68B | 85.93B | 79.26B | 58.20B | 45.31B |
| Cash, Cash Equivalents and Short-Term Investments | 12.03B | 5.61B | 11.92B | 5.26B | 5.46B | 3.73B |
| Total Debt | 25.76B | 22.45B | 29.97B | 21.95B | 24.33B | 17.09B |
| Total Liabilities | 46.84B | 46.39B | 44.70B | 43.12B | 34.81B | 30.81B |
| Stockholders Equity | 32.59B | 32.79B | 36.41B | 31.80B | 20.03B | 12.04B |
Cash Flow | ||||||
| Free Cash Flow | -2.36B | -4.26B | 6.26B | -1.72B | -4.10B | -2.95B |
| Operating Cash Flow | 979.42M | 1.75B | 14.37B | 12.73B | 4.31B | 2.96B |
| Investing Cash Flow | -3.67B | -9.50B | -7.15B | -14.23B | -7.31B | -3.15B |
| Financing Cash Flow | 435.29M | 1.37B | 1.23B | 1.71B | 4.19B | -588.72M |
Xinte Energy Co., Ltd. Class H Technical Analysis
Xinte Energy Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | $31.37B | 28.07 | -0.48% | 1.22% | ― | ― | |
51 Neutral | $368.94M | ― | -24.72% | ― | -43.94% | -162.54% | |
47 Neutral | $39.36B | ― | -13.00% | ― | -44.73% | -10.66% | |
46 Neutral | HK$10.88B | ― | -9.60% | ― | -32.90% | -152.00% | |
45 Neutral | $668.09M | ― | -1.39% | ― | 36.71% | 8.15% | |
32 Underperform | HK$444.33M | ― | -46.12% | ― | -29.30% | -752.95% |
Xinte Energy Co., Ltd. Class H Corporate Events
Xinte Energy Co., Ltd. held its second extraordinary general meeting of 2025, where all proposed resolutions were passed. The meeting also saw the appointment of a new executive director and changes in the board committees, indicating a strategic shift in the company’s governance structure. The meeting was attended by shareholders holding a significant portion of the company’s shares, reflecting strong stakeholder engagement.
Xinte Energy Co., Ltd., a joint stock company incorporated in the People’s Republic of China, has announced the composition of its board of directors and their respective roles and functions. The board consists of executive, non-executive, and independent non-executive directors, with Zhang Jianxin serving as the chairman. The board has established four committees: Strategy, Nomination, Remuneration and Assessment, and Audit, with specific directors assigned to each committee. This announcement reflects the company’s governance structure and may impact its strategic decision-making and operational oversight.
Xinte Energy Co., Ltd. announced a delay in the dispatch of a circular related to its Factoring Services Framework Agreement, originally scheduled for release by April 24, 2025. The new expected dispatch date is on or before May 9, 2025, due to the need for additional time to prepare and finalize the necessary information. This postponement may impact shareholders and stakeholders who are awaiting detailed information and recommendations regarding the transactions under the agreement.
Xinte Energy Co., Ltd. announced its unaudited consolidated financial results for the first quarter of 2025, reporting operating revenues of RMB3,198.89 million and a net loss of RMB263.01 million. The announcement highlights the company’s financial challenges, urging caution for shareholders and potential investors in dealing with its shares, as the figures are unaudited and may not fully represent future performance.
Xinte Energy Co., Ltd. has announced the termination of its Employee Share Ownership Scheme, initially implemented as an incentive mechanism linked to a proposed A Share Offering. This decision follows significant changes in the photovoltaic industry’s supply-demand dynamics and polysilicon price fluctuations, leading to the withdrawal of the A Share Offering application. Despite the scheme’s termination, the company’s controlling shareholder, TBEA Co., Ltd., plans to acquire all subject shares, ensuring no adverse impact on Xinte Energy’s operations or strategic development. The company remains committed to its long-term growth and will explore new incentive systems to attract and retain talent.
Xinte Energy Co., Ltd. has announced a board meeting scheduled for April 21, 2025, to consider and approve the quarterly results for the first quarter of the year. This meeting is significant as it will determine the company’s financial performance and could impact its market positioning and stakeholder interests.
Xinte Energy Co., Ltd. has announced its second extraordinary general meeting of 2025, scheduled for April 29, to approve significant transactions and appoint a new executive director. The meeting will address the approval of equity transfer and capital injection agreements with various energy companies, which could impact the company’s strategic positioning and stakeholder interests.
Xinte Energy Co., Ltd. has entered into a Factoring Services Framework Agreement with a Factoring Company to provide Non-recourse Factoring Services to the Group. This agreement, effective from March 31, 2025, constitutes a discloseable and continuing connected transaction under Hong Kong’s Listing Rules due to the relationship between Xinte Energy and the Factoring Company. The transactions are subject to various regulatory requirements, including announcement and independent shareholder approval. An Independent Board Committee and an Independent Financial Adviser have been appointed to guide shareholders, with further details to be circulated by April 24, 2025.
Xinte Energy Co., Ltd. reported a significant financial downturn for the year ended December 31, 2024, with operating revenue declining by 31.02% to RMB21,212.98 million. The company faced a total loss of RMB4,079.37 million, a stark contrast to the previous year’s profit of RMB6,104.68 million. The net loss attributable to shareholders was RMB3,904.88 million, compared to a net profit of RMB4,345.03 million in the prior year. Consequently, the company did not recommend a final dividend for 2024. This financial performance could impact the company’s market positioning and stakeholder confidence.
Xinte Energy Co., Ltd. has announced the proposed appointment of Ms. Huang Fen as an executive director, pending approval at the company’s general meeting. Ms. Huang, currently the chief accountant of the company, brings extensive experience in finance and accounting, having held various positions in related companies. Her appointment is expected to enhance the company’s board diversity and strengthen its leadership team.
Xinte Energy Co., Ltd. announced a delay in the dispatch of a circular related to connected transactions, including equity transfer and capital injection. The circular, initially scheduled for release by March 28, 2025, will now be dispatched by April 3, 2025, due to additional time needed to finalize the information. This delay may impact shareholders and stakeholders awaiting detailed information on these transactions.
Xinte Energy Co., Ltd. has announced a board meeting scheduled for March 31, 2025, to discuss and approve the annual results for the year ending December 31, 2024. The meeting will also consider the declaration of a final dividend, reflecting the company’s ongoing financial management and shareholder engagement.
Xinte Energy Co., Ltd., a joint stock company incorporated in China, announced the resignation of Ms. Kong Ying from her roles as executive director, member of the nomination committee, and vice general manager due to personal career development, effective March 14, 2025. Her departure leaves the board without a female director, prompting the company to actively seek a female candidate to comply with gender diversity requirements within three months.
Xinte Energy Co., Ltd. has announced the composition of its board of directors, detailing the roles and functions of each member. The board comprises executive, non-executive, and independent non-executive directors, with four committees established to oversee various aspects of the company’s governance. This announcement underscores the company’s commitment to structured governance and may impact its operational efficiency and stakeholder confidence.
Xinte Energy Co., Ltd. has announced a change in its employee representative supervisor position, with Mr. Wang Shufeng set to replace Mr. Cao Huan, effective February 14, 2025. This change follows Mr. Cao’s removal due to non-performance of duties, and Mr. Wang brings extensive experience in engineering and audit roles, potentially strengthening the company’s supervisory capabilities.