Shanghai REFIRE Group Ltd (2570.HK)
Shanghai, CN
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +5.52% | -14.47% | -18.87% | -40.59% | -76.45% | -49.85% | -84.40% | -77.91% | -77.91% | -77.91% | -77.91% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
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×
| 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
|
| 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 not available.
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | 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
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| 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 |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 2570.HK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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