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Shanghai REFIRE Group Ltd (2570.HK)

HKD20.80 -0.12 (-0.57%)
CN HKSE Utilities Renewable Utilities
Address Room 1004, 1/F, Unit 1 1555 Jingyuan Road Jiading Distric
Shanghai, CN
CEO Qi Lin
Website refire.com
IPO 2024-12-06
ISIN CNE100006PJ1

Explore sections of this company profile

Description

Shanghai REFIRE Group Ltd is a Chinese enterprise dedicated to the research, development, manufacturing, and commercialization of hydrogen fuel cell systems, hydrogen production systems, and their related components. The company's business activities are categorized into several key areas: the sale of hydrogen fuel cell systems and components, the provision of engineering and technical services for fuel cells, and the sales of hydrogen production systems and their associated parts. Its primary offerings include electrolysis-based systems and critical components for converting electricity into hydrogen, as well as hydrogen fuel cell systems and essential parts for generating electricity from hydrogen. These advanced solutions are deployed worldwide, providing comprehensive hydrogen technology across various sectors such as commercial vehicles, power generation facilities, construction equipment, and hydrogen production.

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
HKD20.80 -0.12 (-0.57%)
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Volume Profile
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Liquidity & share structure
Average Volume
666.5K
Beta
1.05
Float Shares
86.42M
Free Float %
100.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+5.52% -14.47% -18.87% -40.59% -76.45% -49.85% -84.40% -77.91% -77.91% -77.91% -77.91%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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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
20.80
Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Renewable Utilities: +1.3%
    -10.6%
  • EPS growth Renewable Utilities: +6.7%
    +24.7%
  • FCF margin FCF growth · Renewable Utilities: +50.4%
    -82.0%
  • EBIT margin Renewable Utilities: +22.3%
    -61.7%
  • ROIC Renewable Utilities: +3.5%
    -13.6%
  • Share dilution Renewable Utilities: +0.0%
    +5.9%
  • Debt / EBITDA Net debt/EBITDA · Renewable Utilities: 3.24×
    -6.65×
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.96) × ERP
WACC = 62% × Ke + 38% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 20.80
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 2025
actual
Dec 2026
3 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
1 EPS Ana.
Revenue
579.78M
est: 567.66M (+2.1%)
751.79M
672.75M – 882.03M
+32.4% YoY
1.41B
1.31B – 1.50B
+87.1% YoY
EBITDA
-220.45M
est: -384.87M (+42.7%)
-509.72M
-598.02M – -456.13M
-32.4% YoY
-953.66M
-1.02B – -890.33M
-87.1% YoY
EBIT
-357.47M
est: -457.73M (+21.9%)
-606.20M
-711.21M – -542.46M
-32.4% YoY
-1.13B
-1.21B – -1.06B
-87.1% YoY
Net Income
-587.23M
est: -469.59M (-25.1%)
-365.58M
-414.83M – -327.61M
+22.1% YoY
-175.42M
-199.05M – -157.20M
+52.0% YoY
SGA
299.87M
est: 270.15M (+11.0%)
357.77M
320.16M – 419.75M
+32.4% YoY
669.38M
624.92M – 713.83M
+87.1% YoY
EPS
-6.80
est: -5.43 (-25.1%)
-4.23
-4.80 – -3.79
+22.1% YoY
-2.03
-2.30 – -1.82
+52.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-28 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-27 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-26 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
OE per share TTM
Owner's Yield
Maintenance CapEx ratio
Maint CapEx / Avg PPE

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 Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X - Hydrogen ETF HYDR 1.31% 1.20M 0.50%
2 VanEck Hydrogen Economy UCITS ETF HDRO.L 0.82% 1.03M 0.55%
3 Global X - Hydrogen UCITS ETF HYGN.L 0.53% 253.6K 0.50%
4 Global X Hydrogen ETF HGEN.AX 0.44% 138.2K 0.69%

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
-863.4K
Shares Outstanding
86.42M

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
Qi Lin Founder, Executive Chairman & Chief Executive Officer 5M male
Zhe Hu COO, President, Financial Controller & Executive Director 4M
Jing Nan Ma Vice President & Executive Director 3M female
Shuang Zhai Deputy Executive Director of the R&D Center and Executive Director 3M
Yongsheng Zhao Director of Procurement Department & Pioneer Project Team and Executive Director 3M male
Christopher John Guzy Chief Technology Officer
Zhong Zheng Vice President & Joint Company Secretary male
Hongyu Xie Vice President male
Liangming Shao Financial Controller male
Ping Yeung Poon Joint Company Secretary male
Yun Liu Executive President male
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 reports

Stock splits