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GCL-Poly Energy Holdings
(3800)
GCL-Poly Energy Holdings (3800) vs. iShares MSCI Hong Kong ETF (EWH)
GCL-Poly Energy Holdings Business Overview & Revenue Model
GCL-Poly Energy Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.97B | 15.10B | 33.70B | 35.93B | 16.87B | 14.62B |
| Gross Profit | -2.66B | -2.51B | 11.69B | 17.50B | 5.57B | 3.75B |
| EBITDA | -2.12B | -2.73B | 8.07B | 20.74B | 8.46B | 4.67B |
| Net Income | -5.05B | -4.75B | 2.51B | 16.03B | 5.08B | -5.67B |
Balance Sheet | ||||||
| Total Assets | 71.49B | 74.87B | 82.77B | 85.56B | 64.10B | 80.50B |
| Cash, Cash Equivalents and Short-Term Investments | 5.99B | 7.00B | 8.52B | 6.89B | 7.13B | 2.51B |
| Total Debt | 17.68B | 19.10B | 15.50B | 13.74B | 12.60B | 42.40B |
| Total Liabilities | 30.01B | 32.58B | 34.45B | 40.01B | 31.80B | 60.11B |
| Stockholders Equity | 36.64B | 37.18B | 42.59B | 42.68B | 29.03B | 16.59B |
Cash Flow | ||||||
| Free Cash Flow | -1.27B | -7.53B | -16.07B | -8.06B | -4.10B | -568.91M |
| Operating Cash Flow | 495.51M | -3.30B | -3.85B | 7.87B | 1.88B | 1.59B |
| Investing Cash Flow | -2.50B | -6.04B | -10.91B | -16.55B | 742.87M | 2.74B |
| Financing Cash Flow | 3.19B | 7.69B | 14.96B | 8.40B | 959.20M | -4.16B |
GCL-Poly Energy Holdings Technical Analysis
GCL-Poly Energy Holdings 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% | |
55 Neutral | HK$27.17B | 24.30 | ― | 1.41% | ― | ― | |
45 Neutral | HK$10.55B | -2.96 | -9.60% | ― | -32.90% | -152.00% | |
42 Neutral | HK$592.45M | -9.68 | -1.39% | ― | 36.71% | 8.15% | |
39 Underperform | HK$272.55M | -1.05 | -24.72% | ― | -43.94% | -162.54% | |
38 Underperform | HK$36.54B | -5.39 | -13.00% | ― | -44.73% | -10.66% | |
32 Underperform | HK$350.88M | -0.46 | -46.12% | ― | -29.43% | -752.95% |
GCL-Poly Energy Holdings Corporate Events
GCL Technology Holdings Limited, through its subsidiary Suzhou GCL Research, has entered into a series of new lease agreements with GCL Energy Technology Group. These agreements involve leasing various portions of their research and headquarters buildings to different subsidiaries, including GCL Xinke, GCL Power Sales, and GCL Intelligent Financial Consulting, for terms ranging from one to two years. This strategic move is aimed at optimizing the use of their facilities and ensuring continuity in their operations. The new lease agreements, effective from 2025 to 2027, reflect GCL’s ongoing efforts to manage its real estate assets efficiently and support its subsidiaries’ operational needs.
GCL Technology Holdings Limited announced the completion of its Tranche 2B Subscription, issuing 1,353,043,000 new shares to Infini Global Master Fund at a price of HK$1.15 per share. This move is part of the company’s strategy to strengthen its financial position and enhance its market competitiveness by leveraging new capital.
GCL Technology Holdings Limited has announced the completion of its Tranche 2A Subscription, issuing a total of 1,353,043,000 new shares to Infini Global Master Fund at a price of HK$1.15 per share. This move is part of the company’s broader strategy to raise capital, which could enhance its market positioning and provide additional resources for future growth initiatives.
GCL Technology Holdings Limited announced a significant turnaround in its solar material business segment for the third quarter of 2025, reporting an unaudited profit of approximately RMB960 million, compared to a loss of RMB1.81 billion in the same period last year. The company’s strategic focus on energy-efficient production and collaboration across the supply chain has contributed to improved financial performance and positions it as a leader in the polysilicon industry, promoting sustainable growth and market stability.
GCL Technology Holdings Limited has completed the first tranche of its subscription agreement, issuing over 2 billion shares to Infini Global Master Fund at HK$1.15 per share. The second tranche is expected to be completed in November 2025, with proceeds aimed at expanding polysilicon production and enhancing R&D capabilities. The company plans to use the funds for mergers and acquisitions to increase production capacity and invest in silane gas and related materials, although no specific acquisition targets have been identified yet.
GCL Technology Holdings Limited has amended its subscription agreement to accommodate funding schedules, splitting the first and second tranche subscriptions into smaller parts while keeping the total number of shares unchanged. The company plans to utilize approximately HK$5,392 million from the subscription proceeds to expand its polysilicon production capacity, enhance R&D in silane gas, optimize its capital structure, and repay bank loans, with a timeline extending to December 2028.
GCL Technology Holdings Limited announced the establishment of a 2025 Framework Agreement with Inner Mongolia Zhonghuan for the procurement of 8,125 metric tonnes of monocrystalline silicon ingots. This agreement, which includes amendments for pricing and transaction caps, is significant for GCL’s operations as it strengthens their supply chain and aligns with industry regulations, impacting their market positioning.
GCL Technology Holdings Limited issued a clarification regarding a statement made by its executive director, Mr. Yeung Man Chung, during an investor update call. The statement suggested potential profitability for the company in August and September 2025 due to rising polysilicon prices. However, the company emphasized that this was not a formal profit forecast and advised shareholders and potential investors to exercise caution when dealing with the company’s shares.
GCL Technology Holdings Limited announced a significant capital raising initiative through the issuance of 4,735,651,000 new shares at HK$1.15 each, expected to generate gross proceeds of approximately HK$5,446 million. The funds will be used to enhance polysilicon production, expand silane gas operations, and improve capital structure, with a portion allocated for general working capital and debt repayment. This move is poised to strengthen GCL’s market position in the semiconductor and solar energy sectors, potentially impacting stakeholders by increasing the company’s operational capacity and financial stability.
GCL Technology Holdings Limited announced an update on the shareholding interests of its executive directors and related entities. The company clarified and restated the shareholding information based on disclosure of interests filings, which were not independently verified by the company. This update impacts the company’s transparency and governance, potentially affecting stakeholder confidence.