Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H (9663) AI Stock Analysis

• Market Cap: HK$2.89B
• Dividend Yield: N/A
• Average Volume (3M): 247.91K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.02
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 511
• Sector: General
• Sector Strength: N/A
• Industry: Industrial - Machinery
• EPS (TTM): -0.85
• Shares Outstanding: 352,594,100
• 10 Day Avg. Volume: 145,616
• 30 Day Avg. Volume: 247,912
• PEG Ratio: -0.67
• Price to Book (P/B): 1.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.91
• 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: HK$9.00
• Price Target Upside: 9.89% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: HK$8.00 ▼(-2.32%Downside)

The primary factors influencing the stock score are the company's financial performance and valuation. The company faces significant financial challenges with declining revenues and negative profitability, impacting the overall score. The technical analysis indicates a bearish trend, with no strong momentum, while valuation shows ongoing losses and limited return potential for investors.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd., Class H (9663) is a leading enterprise in the hydrogen energy sector, primarily focusing on the development, production, and commercialization of hydrogen fuel cell technology. The company specializes in providing innovative solutions for clean energy applications, catering to the growing demand for sustainable and environmentally friendly energy sources. Its core products include hydrogen fuel cells and related technologies that are used in various industries, including transportation, power generation, and industrial applications.

How the Company Makes Money

The company generates revenue primarily through the sale of hydrogen fuel cells and associated technologies. It capitalizes on the increasing global interest in renewable energy by providing efficient and reliable hydrogen-based solutions. Key revenue streams include sales to the automotive industry for hydrogen-powered vehicles, partnerships with manufacturers and service providers in the power generation sector, and collaborations with industrial clients seeking to reduce their carbon footprint. Additionally, Sino-Synergy may engage in strategic partnerships and joint ventures to expand its market reach and technological capabilities, further contributing to its earnings.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H Financial Statement Overview

Summary

Sino-Synergy Hydrogen Energy Technology faces significant financial challenges with declining revenues, negative profitability, and cash flow difficulties. Despite a reasonably strong equity position, the company's operational inefficiencies and cash flow issues pose risks to its financial stability.

Income Statement

The company has faced declining revenue growth over the past years, with a significant drop in revenue from the previous year. Gross profit margin is low at 9.06% in 2024, indicating high production costs relative to revenue. Net profit margin is negative due to substantial net losses, reflecting ongoing operational challenges. EBIT and EBITDA margins are also negative, signaling poor operating performance.

Balance Sheet

The balance sheet shows a stable equity position with an equity ratio of 63.72% in 2024, suggesting a strong capital base relative to total assets. However, the debt-to-equity ratio is moderate at 0.20, indicating manageable leverage. Return on equity is negative, reflecting ongoing profitability issues.

Cash Flow

The company has struggled with negative operating and free cash flows, indicating poor cash generation from operations. There is no free cash flow growth, and the operating cash flow to net income ratio is unfavorable as both metrics are negative, highlighting significant cash flow management challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	442.44M	700.62M	870.39M	550.95M	254.95M
Gross Profit	40.03M	175.75M	151.46M	133.35M	61.95M
EBITDA	-339.85M	-347.27M	-228.84M	-634.94M	-164.76M
Net Income	-407.18M	-404.45M	-317.95M	-847.35M	-241.40M
Balance Sheet
Total Assets	4.66B	4.86B	3.84B	2.92B	1.62B
Cash, Cash Equivalents and Short-Term Investments	1.33B	1.61B	806.33M	871.75M	555.33M
Total Debt	589.47M	370.46M	364.44M	707.58M	648.94M
Total Liabilities	1.68B	1.47B	1.23B	1.03B	843.60M
Stockholders Equity	2.97B	3.37B	2.59B	1.86B	757.49M
Cash Flow
Free Cash Flow	-528.07M	-405.95M	-743.59M	-957.08M	-196.53M
Operating Cash Flow	-476.02M	-247.18M	-321.01M	-704.53M	-124.62M
Investing Cash Flow	-129.28M	-1.08B	-519.34M	-279.16M	-73.92M
Financing Cash Flow	307.64M	1.21B	846.40M	1.28B	629.60M

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 8.19
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9663, the sentiment is Neutral. The current price of 8.19 is above the 20-day moving average (MA) of 8.17, below the 50-day MA of 8.43, and below the 200-day MA of 11.73, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 48.65 is Neutral, neither overbought nor oversold. The STOCH value of 40.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9663.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1133	78 Outperform	€13.66B	7.48	11.35%	4.03%	30.12%	139.92%
1072	75 Outperform	HK$64.02B	13.56	8.13%	2.96%	15.29%	-9.20%
2338	75 Outperform	$148.48B	11.91	13.40%	4.63%	-1.07%	16.00%
2208	74 Outperform	HK$43.22B	16.49	5.64%	2.04%	10.95%	28.53%
2727	66 Neutral	$112.39B	43.65	1.91%	―	2.20%	―
Sector *	58 Neutral	HK$21.56B	23.77	-16.35%	5.09%	7.50%	-107.03%
9663	45 Neutral	HK$2.89B	―		―	―	―

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H Corporate Events

Sino-Synergy Hydrogen Energy Secures Unanimous Approval at AGM

Sino-Synergy Hydrogen Energy Technology announced that all proposed resolutions at their Annual General Meeting were passed unanimously by shareholders. This includes the approval of the annual report, financial accounts, and profit distribution plan for 2024, as well as the re-appointment of PricewaterhouseCoopers as auditors for 2025. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued stability and growth in the hydrogen energy sector.

Sino-Synergy Announces 2024 AGM with Key Resolutions

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. has announced its 2024 Annual General Meeting (AGM) to be held on June 26, 2025, in Jiaxing City, Zhejiang Province, China. The AGM will address several key resolutions, including the approval of the company’s 2024 annual report, financial accounts, and the re-appointment of PricewaterhouseCoopers as the auditor for 2025. Additionally, the meeting will consider a profit and dividend distribution plan, and a mandate for the board to issue additional H shares. These resolutions aim to strengthen the company’s financial position and operational capabilities, potentially impacting its market presence and shareholder value.