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Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H (HK:9663)
:9663
Hong Kong Market

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

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HK

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

(9663)

Rating:48Neutral
Price Target:
HK$9.50
▲(5.91%Upside)
Sino-Synergy Hydrogen Energy Technology's financial performance poses the most significant risk due to declining revenues and negative profitability. The technical analysis shows short-term positive trends, but longer-term indicators remain negative. Valuation concerns are highlighted by a negative P/E ratio and no dividend yield.

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H (9663) vs. iShares MSCI Hong Kong ETF (EWH)

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

Company DescriptionSino-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 MoneyThe 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
The company faces significant financial challenges with declining revenues, negative profitability, and cash flow difficulties. Despite a stable equity position, the operational inefficiencies and cash flow issues pose substantial risks.
Income Statement
35
Negative
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
60
Neutral
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
20
Very Negative
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 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
442.44M700.62M870.39M550.95M254.95M
Gross Profit
40.03M175.75M151.46M133.35M61.95M
EBIT
-401.04M-398.87M-190.34M-813.31M-167.19M
EBITDA
-339.85M-347.27M-228.84M-634.94M-164.76M
Net Income Common Stockholders
-407.18M-404.45M-317.95M-847.35M-241.40M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.33B1.61B806.33M871.75M555.33M
Total Assets
4.66B4.86B3.84B2.92B1.62B
Total Debt
589.47M370.46M364.44M707.58M648.94M
Net Debt
279.86M-437.55M-441.89M-164.17M93.61M
Total Liabilities
1.68B1.47B1.23B1.03B843.60M
Stockholders Equity
2.97B3.37B2.59B1.86B757.49M
Cash FlowFree 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
307.64M1.21B846.40M1.28B629.60M

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

Technical Analysis Sentiment
Positive
Last Price8.97
Price Trends
50DMA
8.69
Positive
100DMA
9.33
Negative
200DMA
12.93
Negative
Market Momentum
MACD
0.01
Negative
RSI
56.71
Neutral
STOCH
77.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9663, the sentiment is Positive. The current price of 8.97 is above the 20-day moving average (MA) of 8.47, above the 50-day MA of 8.69, and below the 200-day MA of 12.93, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.71 is Neutral, neither overbought nor oversold. The STOCH value of 77.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9663.

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

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
58
Neutral
$4.90B18.48-17.00%7.21%13.61%-24.47%
48
Neutral
HK$3.16B
$7.63B9.048.13%5.23%
$13.73B40.891.91%
$18.70B11.4413.40%9.97%
$5.32B13.485.64%1.54%
€1.40B7.0811.35%0.99%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:9663
Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. Class H
8.97
-6.51
-42.05%
DNGFF
Dongfang Electric
1.28
-0.37
-22.42%
SIELF
Shanghai Electric Group Company
0.37
0.18
94.74%
WEICF
Weichai Power Co
2.09
0.27
14.84%
XJNGF
Xinjiang Goldwind Science & Technology Co
0.91
0.46
102.22%
DE:HP6H
Harbin Electric Co. Ltd. Class H
0.68
0.39
134.48%

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

Sino-Synergy Announces 2024 AGM with Key Resolutions
Apr 24, 2025

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.

Sino-Synergy Files for H Share Full Circulation to Boost Market Presence
Apr 10, 2025

Sino-Synergy Hydrogen Energy Technology has announced its filing with the China Securities Regulatory Commission (CSRC) for the proposed implementation of H Share full circulation. This move involves converting 41,303,978 Domestic Shares into H Shares, which will be listed and traded on the Stock Exchange upon completion of necessary approvals and compliance with relevant regulations. This strategic step is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the accessibility and tradability of its shares.

Sino-Synergy Hydrogen Energy Announces Successful Resolutions at 2025 EGM
Mar 28, 2025

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. announced the successful passing of all proposed ordinary resolutions during its 2025 first extraordinary general meeting. The meeting, held on March 28, 2025, saw the re-election and appointment of several executive and non-executive directors, ensuring continuity and strategic leadership for the company. This development is expected to strengthen the company’s governance and potentially enhance its market position within the hydrogen energy sector.

Sino-Synergy Announces Board Composition and Roles
Mar 28, 2025

Sino-Synergy Hydrogen Energy Technology has announced the composition of its board of directors and the roles each member will play within the company’s four board committees. This announcement provides clarity on the company’s governance structure, potentially impacting its strategic direction and operational oversight, which may influence stakeholder confidence.

Sino-Synergy Reports Significant Financial Decline in 2024
Mar 27, 2025

Sino-Synergy Hydrogen Energy Technology reported a significant decline in its financial performance for the year ended December 31, 2024, with total revenue decreasing by approximately 36.9% to RMB442.4 million and gross profit dropping by 77.2% to RMB40 million. The company also reported a loss attributable to owners of RMB407.2 million, slightly higher than the previous year’s loss of RMB404.4 million, indicating ongoing financial challenges. The lack of dividend declaration further underscores the company’s current financial strain, which may impact its market positioning and stakeholder confidence.

Sino-Synergy Hydrogen Energy to Convert Domestic Shares to H Shares for Hong Kong Listing
Mar 27, 2025

Sino-Synergy Hydrogen Energy Technology has announced its plan to convert 41,303,978 domestic shares into H shares, representing 7.97% of its total issued shares, to be listed on the Hong Kong Stock Exchange. This strategic move is expected to enhance the company’s liquidity and market visibility, aligning with regulatory guidelines and potentially impacting its stakeholders by increasing the accessibility of its shares to a broader investor base.

Sino-Synergy Schedules Board Meeting for Financial Results and Dividend Consideration
Mar 17, 2025

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. has announced a board meeting scheduled for March 27, 2025, to approve the audited consolidated financial results for the year ended December 31, 2024, and to consider a final dividend recommendation. This meeting is significant as it could impact the company’s financial strategy and shareholder returns, reflecting its ongoing commitment to transparency and stakeholder engagement.

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.