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IRICO Group New Energy Company Limited (0438.HK)

HKD1.33 +0.05 (+3.91%)
CN HKSE Energy Solar
Address No. 1 Caihong Road 712021
Xianyang, CN
CEO Hua Yang
IPO 2004-12-20
ISIN CNE1000003H9

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Description

IRICO Group New Energy Company Limited, operating with its various subsidiaries, is primarily involved in the research, development, manufacturing, and global distribution of advanced photovoltaic glass for the new energy sector, serving both the People's Republic of China and international markets. The company further provides solar cells and their associated components, and actively participates in photovoltaic power generation. Established in 2004, the organization was previously known as IRICO Group Electronics Company Limited before rebranding to its current name in January 2016. Its corporate headquarters are located in Xianyang, People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD1.33 +0.05 (+3.91%)
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Volume Profile
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Liquidity & share structure
Average Volume
43.5K
Beta
0.89
Float Shares
87.60M
Free Float %
49.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -4.49% -14.37% -23.98% -27.32% -22.40% -31.96% -80.39% -93.99% -85.39% -94.27%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.33
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.40
Distress
Piotroski F-Score
1 / 9
Weak
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Solar: +18.1%
    -11.3% Q4'25: -25.4% (vs Q4'23)
  • EPS growth Solar: +43.7%
    -49.3% Q4'25: -219.1% (vs Q4'23)
  • FCF margin FCF growth · Solar: +87.8%
    -21.8% Q4'25: +18.2% (vs Q4'23)
  • EBIT margin Solar: +4.0%
    -17.8% Q4'25: -17.7% (vs Q4'23)
  • ROIC Solar: +1.3%
    -7.2% Q4'25: -13.7% (vs Q4'23)
  • Share dilution Solar: 0.0%
    +0.0% Q4'25: +0.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Solar: 0.12×
    -29.39× Q4'25: -17.11× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.90) × ERP
WACC = 3% × Ke + 97% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.33
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Revenue
2.52B
est: 2.59B (-2.8%)
2.07B
est: 2.45B (-15.6%)
2.47B
est: 4.12B (-40.1%)
3.15B
est: 3.65B (-13.9%)
3.28B
est: 4.95B (-33.8%)
2.91B
est: 6.07B (-52.1%)
EBITDA
325.83M
est: 212.73M (+53.2%)
288.13M
est: 201.06M (+43.3%)
289.17M
est: 338.59M (-14.6%)
85.47M
est: 300.09M (-71.5%)
-7.65M
est: 200.89M (-103.8%)
-227.63M
est: 246.27M (-192.4%)
EBIT
297.72M
est: 112.50M (+164.6%)
264.40M
est: 106.33M (+148.7%)
156.24M
est: 179.06M (-12.7%)
-110.53M
est: 158.70M (-169.6%)
-186.95M
est: -78.49M (-138.2%)
-517.82M
est: -96.22M (-438.2%)
Net Income
219.66M
est: 263.56M (-16.7%)
164.43M
est: 509.05M (-67.7%)
89.23M
est: 634.75M (-85.9%)
-230.96M
est: 98.19M (-335.2%)
-375.95M
est: 123.27M (-405.0%)
-560.34M
est: 160.61M (-448.9%)
SGA
117.17M
est: 42.36M (+176.6%)
22.73M
est: 40.03M (-43.2%)
14.29M
est: 67.42M (-78.8%)
36.10M
est: 59.75M (-39.6%)
22.89M
est: 43.95M (-47.9%)
26.58M
est: 53.88M (-50.7%)
EPS
1.65
est: 1.49 (+10.4%)
1.23
est: 2.89 (-57.4%)
0.51
est: 3.60 (-85.8%)
-1.31
est: 0.56 (-335.2%)
-2.13
est: 0.70 (-404.7%)
-3.18
est: 0.91 (-449.1%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-28 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-26 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-22 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-21 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-20 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-19 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-18 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-15 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-14 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-13 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-11 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-08 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-07 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-06 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-05 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-04 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-30 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-22 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-21 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-20 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-16 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-605.79M
OE per share TTM
-3.44
Owner's Yield
-230.59%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
131.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-203.2K
Shares Outstanding
176.32M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Feng'an Gao GM & Executive Director 769.7K male
Huadong Ni Deputy GM & Company Secretary 673.2K male
Wenchao Wu Deputy General Manager 664.9K male
Xinchun Niu Secretary 608.1K male
Yunpu Li Chief Financial Officer 274.7K male
Hua Yang Executive Chairlady female
Hongwei Luo Head of Accounting Department & Employee Representative Supervisor male
Zhang Shaozhuan Head of Accounting Department
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits