Xinyi Energy Holdings Ltd 03868

Morningstar Rating
HK$0.79 −0.01 (0.63%)
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Company Report

Price vs Fair Value

03868 is trading at a LOCK|NXKMX!J premium.
Price
HK$0.78
Fair Value
s.F
Uncertainty
LOCK|?n<
1-Star Price
LOCK|><>
5-Star Price
LOCK|j?@
Economic Moat
LOCK|Hgl
Capital Allocation
LOCK|Ff<#F?f

Bulls Say, Bears Say

Bulls

Growth in electricity consumption and China’s ambitious renewable targets driven by urgent need to reduce carbon emissions will favor Xinyi Energy’s offtake.

Bears

The shortfall in the government’s renewable energy fund has led to delays in subsidy collections.

Trading Information

Previous Close Price
HK$0.79
Day Range
HK$0.790.80
52-Week Range
HK$0.781.44
Bid/Ask
HK$0.79 / HK$0.80
Shares Outstanding
8.52B
Market Cap
HK$6.69B
Volume/Avg
3M / 9M

Key Statistics

Price/Earnings (Normalized)
6.06
Price/Sales
2.60
Dividend Yield (Trailing)
7.26%
Dividend Yield (Forward)
5.35%
Dividend Payment Schedule
Jul, Oct
Total Yield
7.26%

Company Profile

Listed in May 2019 following its spin-off from Xinyi Solar, Xinyi Energy operates utility-scale solar and wind farms in China. It had a total approved capacity of 4,804.5 MW as of the end of 2025.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Small Value
Total Number of Employees
457

Competitors

Valuation

Metric
03868
01798
00836
Price/Earnings (Normalized)
6.065.816.67
Price/Book Value
0.440.340.87
Price/Sales
2.600.610.95
Price/Cash Flow
3.370.903.14
Price/Earnings
03868
01798
00836

Financial Strength

Metric
03868
01798
00836
Quick Ratio
1.921.000.45
Current Ratio
1.951.020.52
Interest Coverage
5.722.556.17
Quick Ratio
03868
01798
00836

Profitability

Metric
03868
01798
00836
Return on Assets (Normalized)
4.33%1.85%3.93%
Return on Equity (Normalized)
7.45%10.95%14.47%
Return on Invested Capital (Normalized)
5.53%3.08%5.47%
Return on Assets
03868
01798
00836

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