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

• Market Cap: HK$2.24B
• Dividend Yield: N/A
• Average Volume (3M): 215.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.01
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 511
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): -0.38
• Shares Outstanding: 352,594,100
• 10 Day Avg. Volume: 179,690
• 30 Day Avg. Volume: 215,518
• PEG Ratio: 1.03
• Price to Book (P/B): 2.37
• Price to Sales (P/S): 15.95
• P/FCF Ratio: -13.36
• 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$6.50
• Price Target Upside: 2.36% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: HK$6.50 ▲(2.36% Upside)

Sino-Synergy Hydrogen Energy Technology's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and negative profitability. Technical analysis indicates a bearish trend, with the stock trading below key moving averages. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield. These factors collectively suggest significant risks and challenges for the company.

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

Company Description

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. operates as a hydrogen fuel cell company. It focuses on research, development, production and sales of hydrogen fuel cell stacks and hydrogen fuel cell systems. The company was founded by Xiao Min Chen on June 30, 2015 and is headquartered in Jiaxing, China.

How the Company Makes Money

Sino-Synergy Hydrogen Energy Technology generates revenue primarily through the sale of its hydrogen fuel cell systems and related technologies. The company partners with various sectors, including automotive manufacturers and industrial enterprises, to integrate its energy solutions into their operations. Additionally, Sino-Synergy may engage in strategic collaborations or partnerships with other technology firms to enhance its product offerings and expand its market reach. These partnerships, along with government incentives for clean energy adoption, play a significant role in driving the company's revenue growth.

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. Improvements in cost management and revenue generation are critical for future financial health.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	368.31M	442.44M	700.62M	748.48M	457.14M	226.88M
Gross Profit	42.36M	40.03M	175.75M	151.46M	133.35M	61.95M
EBITDA	-292.11M	-339.85M	-347.27M	-245.76M	-634.94M	-164.76M
Net Income	-379.13M	-407.18M	-404.45M	-273.42M	-703.08M	-214.83M
Balance Sheet
Total Assets	4.34B	4.66B	4.86B	3.42B	2.39B	1.37B
Cash, Cash Equivalents and Short-Term Investments	1.22B	1.33B	1.61B	730.76M	711.82M	468.67M
Total Debt	599.51M	589.47M	370.46M	324.60M	578.43M	547.34M
Total Liabilities	1.54B	1.68B	1.47B	1.12B	869.01M	727.99M
Stockholders Equity	2.78B	2.97B	3.37B	2.30B	1.52B	638.88M
Cash Flow
Free Cash Flow	-273.57M	-528.07M	-405.95M	-743.59M	-957.08M	-196.53M
Operating Cash Flow	-256.46M	-476.02M	-247.18M	-321.01M	-704.53M	-124.62M
Investing Cash Flow	84.15M	-129.28M	-1.08B	-446.60M	-231.62M	-65.78M
Financing Cash Flow	-17.75M	307.64M	1.21B	713.89M	1.04B	536.02M

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

• Technical Analysis Sentiment: Neutral
• Last Price: 6.35
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 6.35 is above the 20-day moving average (MA) of 5.51, below the 50-day MA of 6.68, and below the 200-day MA of 8.76, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 59.49 is Neutral, neither overbought nor oversold. The STOCH value of 83.81 is Negative, 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	HK$26.84B	11.23	10.89%	1.91%	34.78%	98.79%
1072	75 Outperform	HK$70.62B	15.89	―	2.44%	15.56%	-5.65%
2208	74 Outperform	HK$67.27B	29.21	―	1.09%	25.84%	26.05%
2338	67 Neutral	HK$131.39B	10.26	13.15%	5.43%	-2.15%	0.95%
2727	66 Neutral	HK$141.44B	73.07	1.41%	―	7.94%	227.80%
9663	45 Neutral	HK$2.24B	―	-12.63%	―	―	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

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

Sino-Synergy Reports Revenue Decline and Reduced Losses in H1 2025

Sino-Synergy Hydrogen Energy Technology reported a significant decrease in total revenue by 55.7% to approximately RMB58.9 million for the first half of 2025 compared to the same period last year. Despite the revenue drop, the company’s loss attributable to owners decreased by 13.2%, amounting to approximately RMB184.2 million. The board decided not to declare an interim dividend, reflecting ongoing financial challenges and a strategic focus on stabilizing operations.

The most recent analyst rating on (HK:9663) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H stock, see the HK:9663 Stock Forecast page.

Sino-Synergy Announces Key Management Changes and Secures Compliance Waiver

Sino-Synergy Hydrogen Energy Technology announced a change in its joint company secretary and authorized representatives, with Ms. Leung Ho Yee resigning and Mr. Chu Wing Tim Benedict taking over the roles. The company received a new waiver from the Stock Exchange to allow Mr. Wang Jun to continue as a joint company secretary with Mr. Chu’s assistance, ensuring compliance with the listing rules and maintaining operational stability.

The most recent analyst rating on (HK:9663) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H stock, see the HK:9663 Stock Forecast page.

Sino-Synergy Receives CSRC Approval for H Share Conversion

Sino-Synergy Hydrogen Energy Technology has received a filing notice from the CSRC to convert a portion of its domestic shares into H shares, which will be listed and traded on the Hong Kong Stock Exchange. This move is part of the company’s strategy to enhance its market presence and attract more investors, although the final implementation plan is still pending further regulatory approvals.

The most recent analyst rating on (HK:9663) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H stock, see the HK:9663 Stock Forecast page.

Sino-Synergy Hydrogen Energy Schedules Board Meeting for Financial Review

Sino-Synergy Hydrogen Energy Technology has announced a board meeting scheduled for August 25, 2025, to approve the unaudited financial results for the first half of the year and consider an interim dividend. This meeting is significant as it may impact the company’s financial strategy and provide insights into its performance and future prospects, potentially affecting stakeholders and market positioning.

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.