-
1 Comment
IRICO Group New Energy Company Limited is currently in a long term downtrend where the price is trading 9.5% below its 200 day moving average.
From a valuation standpoint, the stock is 68.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.1.
IRICO Group New Energy Company Limited's total revenue sank by 13.3% to $1B since the same quarter in the previous year.
Its net income has dropped by 13.4% to $42M since the same quarter in the previous year.
Finally, its free cash flow grew by 227.4% to $64M since the same quarter in the previous year.
Based on the above factors, IRICO Group New Energy Company Limited gets an overall score of 2/5.
| CurrencyCode | HKD |
|---|---|
| Exchange | HK |
| ISIN | CNE1000003H9 |
| Sector | Technology |
| Industry | Solar |
| Market Cap | 358M |
|---|---|
| PE Ratio | None |
| Beta | 0.44 |
| Target Price | 6.49 |
| Dividend Yield | None |
IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, manufacturing, and sale of solar photovoltaic glass in the People's Republic of China and internationally. The company offers ultra-white embossed, AR photovoltaic, and back glass. The company was formerly known as IRICO Group Electronics Company Limited and changed its name to IRICO Group New Energy Company Limited in January 2016. IRICO Group New Energy Company Limited was incorporated in 2004 and is headquartered in Xianyang, the People's Republic of China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 0438.HK using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
