TCL Zhonghuan Renewable Energy Technology Co Ltd Class A

002129: XSHE (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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TCL Zhonghuan: Large Losses but Operating Cash Flow Holds Up

Cheng Wang

Jan 16, 2026

TCL Zhonghuan guided preliminary 2025 net losses attributable to shareholders in the range of CNY 8.2 billion-CNY 9.6 billion. Despite the steep losses, full-year operating cash flow remained positive.

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TCL Zhonghuan Renewable Energy Technology Co Ltd Class A

TCL Zhonghuan: Large Losses but Operating Cash Flow Holds Up

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