Tonking New Energy Group Holdings Ltd. (8326) AI Stock Analysis

• Market Cap: HK$196.32M
• Dividend Yield: N/A
• Average Volume (3M): 544.20K
• Price to Earnings (P/E): 2.3
• Beta (1Y): -0.03
• Revenue Growth: 45.29%
• EPS Growth: 175.68%
• Country: HK
• Employees: 168
• Sector: Utilities
• Sector Strength: 78
• Industry: Renewable Utilities
• EPS (TTM): 0.01
• Shares Outstanding: 1,227,000,000
• 10 Day Avg. Volume: 1,249,700
• 30 Day Avg. Volume: 544,200
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: ―

The overall stock score of 75.6 reflects a positive outlook for Tonking New Energy Group Holdings Ltd., driven by strong financial performance, particularly in revenue growth and profitability. The technical analysis indicates robust market sentiment with the stock trading above key moving averages, suggesting bullish momentum. While the valuation suggests the stock may be undervalued, liquidity concerns highlighted in the cash flow statement should be monitored closely.

Tonking New Energy Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Tonking New Energy Group Holdings Limited, an investment holding company, engages in the renewable energy business in the People's Republic of China. It offers one-stop value added solution for photovoltaic power stations; sells patented photovoltaic tracking mounting bracket systems; researches and develops solar power technology; and sells electricity. The company was formerly known as JC Group Holdings Limited and changed its name to Tonking New Energy Group Holdings Limited in May 2016. Tonking New Energy Group Holdings Limited was founded in 2004 and is headquartered in Tsim Sha Tsui, Hong Kong.

How the Company Makes Money

Tonking New Energy Group Holdings Ltd. generates revenue through the sale and distribution of its energy-saving products and technologies. Its key revenue streams include the direct sale of renewable energy products, licensing of proprietary technologies, and possibly engaging in strategic partnerships or joint ventures with other companies in the clean energy sector. The company benefits from the growing demand for sustainable energy solutions, government incentives for renewable energy adoption, and an increasing focus on reducing carbon footprints globally. These factors contribute significantly to its earnings, as more businesses and consumers seek environmentally friendly energy alternatives.

Tonking New Energy Group Holdings Ltd. Financial Statement Overview

Summary

Tonking New Energy Group Holdings Ltd. demonstrates strong revenue growth and improving profitability, indicative of a positive financial trajectory. The balance sheet shows moderate leverage with manageable debt levels, but the cash flow statement reveals potential liquidity challenges. While the company is on a positive growth path, cash flow management should be a focal area for sustaining financial health.

Income Statement

The company shows strong revenue growth with a 11.20% increase from the previous year, reflecting a positive trajectory. The gross profit margin stands at 12.44%, and the net profit margin at 4.28%, both indicating reasonable profitability for the industry. The EBIT margin is 5.35% and the EBITDA margin is 6.38%, showcasing operational efficiency improvements.

Balance Sheet

The balance sheet reflects moderate financial stability with a debt-to-equity ratio of 0.58, which is manageable. The return on equity (ROE) is 12.92%, suggesting effective use of equity to generate profits. The equity ratio is 39.09%, indicating a reasonable level of equity financing. However, the high level of total liabilities may pose a risk.

Cash Flow

The cash flow statement reveals a challenging cash flow position with negative operating cash flow of -60.29 million. Free cash flow also declined significantly, indicating cash generation issues. The free cash flow to net income ratio shows room for improvement, highlighting potential liquidity concerns.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Tonking New Energy Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8326, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.16, and above the 200-day MA of 0.15, 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 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8326.

Tonking New Energy Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8326	76 Outperform	HK$196.32M	2.34	23.45%	―	45.29%	175.68%
0987	67 Neutral	HK$383.44M	23.18	0.89%	3.27%	-10.08%	-29.03%
Sector *	67 Neutral	$16.73B	16.83	4.48%	3.29%	4.73%	5.95%
SHUNF	―	$15.54M	―		―	―	―
SMTLF	―	$89.10M	―	-22.62%	―	―	―
KOJ5	―		―	-14.51%	―	―	―
0090	58 Neutral	HK$1.00B	15.47	7.09%	1.07%	1.92%	-16.90%