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Tonking New Energy Group Holdings Ltd. (HK:8326)
:8326
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Tonking New Energy Group Holdings Ltd.
(8326)
Select Model
Select Model
Rating:74Outperform
Price Target:
HK$0.00
▼(-100.00% Downside)
Tonking New Energy Group Holdings Ltd. scores well due to its strong financial performance and attractive valuation. The company's solid profitability and cash flow metrics, along with a low P/E ratio, suggest potential for growth and value. Technical indicators show moderate strength, supporting a stable outlook. The absence of earnings call data and corporate events does not detract from the overall positive assessment.
Tonking New Energy Group Holdings Ltd. (8326) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$206.14M
Dividend YieldN/A
Average Volume (3M)326.50K
Price to Earnings (P/E)2.5
Beta (1Y)-0.07
Revenue Growth34.44%
EPS Growth83.60%
CountryHK
Employees168
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,227,000,000
10 Day Avg. Volume364,000
30 Day Avg. Volume326,500
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.48
Price to Sales (P/S)0.17
P/FCF Ratio3.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Tonking New Energy Group Holdings Ltd. Business Overview & Revenue Model
Company DescriptionTonking New Energy Group Holdings Ltd. (8326) is a Hong Kong-based company focused on the renewable energy sector, primarily involved in the development, production, and distribution of solar energy products. The company specializes in photovoltaic (PV) technology, offering a range of solar panels and related equipment, catering to both residential and commercial markets. Tonking aims to contribute to sustainable energy solutions and reduce carbon emissions through its innovative energy products and services.
How the Company Makes MoneyTonking New Energy Group Holdings Ltd. generates revenue primarily through the sale of solar energy products, including photovoltaic panels, inverters, and other related equipment. The company's revenue model is based on direct sales to end customers as well as partnerships with distributors and installers in the renewable energy sector. Key revenue streams include product sales, installation services, and maintenance contracts. Additionally, Tonking may benefit from government incentives and subsidies aimed at promoting renewable energy adoption, which can enhance its profit margins. Strategic partnerships with other renewable energy firms or technology providers further contribute to its earnings by expanding its market reach and enhancing product offerings.
Tonking New Energy Group Holdings Ltd. Financial Statement Overview
Summary
Tonking New Energy Group Holdings Ltd. demonstrates a solid financial position with improving profitability and cash flow metrics. The company has enhanced its profit margins and cash flow generation significantly, although a recent dip in revenue growth poses a concern for future stability. The balance sheet reflects prudent debt management, but the lack of certain metrics limits a comprehensive assessment.Income Statement
Tonking New Energy Group Holdings Ltd. has shown a consistent improvement in profitability metrics over the years. The gross profit margin has improved from 8.61% in 2021 to 14.99% in 2025, indicating better cost management. The net profit margin has also increased significantly from a negative 4.52% in 2021 to 6.96% in 2025, reflecting enhanced profitability. However, the revenue growth rate has been volatile, with a recent decline of 5.41% in 2025, which could be a concern for future revenue stability.75
Positive
Balance Sheet
The company's balance sheet shows a stable debt-to-equity ratio, decreasing from 0.52 in 2020 to 0.41 in 2025, indicating effective debt management. The return on equity has improved from negative in 2021 to 20.06% in 2025, showcasing strong profitability relative to shareholder equity. However, the equity ratio has not been explicitly calculated, which limits a full assessment of asset financing.70
Positive
Cash Flow
Cash flow metrics indicate a strong recovery, with free cash flow growth of 828.66% in 2025, a significant turnaround from negative growth in previous years. The operating cash flow to net income ratio has improved, reflecting better cash generation relative to earnings. The free cash flow to net income ratio remains strong at 95.81%, indicating efficient cash conversion from profits.80
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.25B | 1.03B | 766.11M | 688.97M | 240.52M | 198.60M |
| Gross Profit | 187.49M | 154.41M | 96.51M | 72.18M | 44.40M | 20.98M |
| EBITDA | 119.04M | 94.20M | 48.84M | 45.21M | 12.37M | -523.00K |
| Net Income | 79.95M | 71.65M | 32.82M | 27.63M | 5.50M | -8.63M |
Balance Sheet | ||||||
| Total Assets | 806.59M | 806.59M | 649.25M | 516.08M | 423.19M | 381.88M |
| Cash, Cash Equivalents and Short-Term Investments | 80.67M | 80.67M | 44.32M | 54.62M | 34.58M | 20.20M |
| Total Debt | 146.06M | 146.06M | 146.46M | 98.33M | 87.79M | 71.46M |
| Total Liabilities | 430.78M | 430.78M | 376.93M | 260.17M | 171.33M | 145.89M |
| Stockholders Equity | 357.20M | 357.20M | 253.90M | 236.44M | 229.63M | 213.32M |
Cash Flow | ||||||
| Free Cash Flow | 49.03M | 49.03M | -62.75M | 20.92M | 9.80M | -60.93M |
| Operating Cash Flow | 51.18M | 51.18M | -60.28M | 22.07M | 14.42M | -60.31M |
| Investing Cash Flow | -39.65M | -39.65M | 6.87M | -7.27M | -7.51M | -21.00K |
| Financing Cash Flow | 25.40M | 25.40M | 45.13M | 7.12M | 6.97M | -38.72M |
Tonking New Energy Group Holdings Ltd. Technical Analysis
Positive
0.16
Price Trends
0.17
Positive
0.16
Positive
0.16
Positive
Market Momentum
<0.01
Negative
54.44
Neutral
43.65
Neutral
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 below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.17, and above the 200-day MA of 0.16, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.44 is Neutral, neither overbought nor oversold. The STOCH value of 43.65 is Neutral, 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
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$206.14M | 2.46 | 23.45% | ― | 34.44% | 83.60% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
60 Neutral | HK$330.81M | 8.86 | 2.00% | 3.79% | 15.92% | ― | |
59 Neutral | HK$678.73M | 17.27 | 4.04% | 0.97% | 16.01% | -53.67% | |
42 Neutral | HK$269.36M | ― | ― | ― | ― | ― | |
40 Underperform | $1.15B | ― | -35.49% | ― | 39.42% | 56.89% | |
39 Underperform | $116.89M | ― | ― | ― | -21.67% | -18.64% |
* Utilities Sector Average
HK:8326
Tonking New Energy Group Holdings Ltd.
0.17
0.04
30.77%
HK:0987
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0.13
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8.33%
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GCL New Energy Holdings
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Kong Sun Holdings Limited
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Puxing Energy Ltd.
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278.95%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.