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Xinyi Solar Holdings Ltd
€0.44
Sep 27, 10:59:56 PM GMT+2 · EUR · FRA · Disclaimer
StockDE listed security
Previous close
€0.39
Day range
€0.41 - €0.44
Year range
€0.31 - €0.79
Market cap
33.51B HKD
Avg Volume
6.43K
P/E ratio
-
Dividend yield
-
Primary exchange
HKG
CDP Climate Change Score
B
Market news
Financials
Income Statement
Revenue
Net income
(HKD)Jun 2024Y/Y change
Revenue
6.34B4.49%
Operating expense
265.36M0.85%
Net income
981.24M41.03%
Net profit margin
15.4734.99%
Earnings per share
EBITDA
1.95B31.19%
Effective tax rate
19.03%
Total assets
Total liabilities
(HKD)Jun 2024Y/Y change
Cash and short-term investments
2.20B-48.36%
Total assets
62.47B17.76%
Total liabilities
24.97B37.00%
Total equity
37.49B
Shares outstanding
8.91B
Price to book
0.11
Return on assets
5.75%
Return on capital
7.24%
Net change in cash
(HKD)Jun 2024Y/Y change
Net income
981.24M41.03%
Cash from operations
627.41M-42.68%
Cash from investing
-1.50B34.86%
Cash from financing
505.96M-16.78%
Net change in cash
-396.73M42.24%
Free cash flow
-121.02M89.24%
About
Xinyi Solar Holdings Limited was formed in 2008 in Dongguan when Xinyi Glass split off its solar photovoltaic glass development, manufacturing, sale, and customer service. It is the largest solar cover glass producer in the world and has a 30% market share, according to JP Morgan Asia Pacific Equity Research. Xinyi Solar's chair is Lee Yin Yee. About 23% of the company is owned by Xinyi Glass. It was listed on the Hong Kong Stock Exchange in December 2013. Its subsidiary Xinyi Energy, which operates solar farms, also had an IPO on the Hong Kong Stock Exchange in May 2019, with sponsor BNP Paribas SA and cornerstone investors Law Kar-po and Ma Jianrong. In 2017, the company earned 9.527 billion HKD in revenue, an increase of 58.6% over the previous year, and a profit of 2.332 billion HKD, a 17.4% increase over the previous year. In June 2021 Xinyi Solar was added to the Hang Seng Index. In February 2022, it was added to the Hang Seng China Enterprises Index. Xinyi Solar was also chosen by Goldman Sachs as one of 50 stocks likely to benefit from the common prosperity drive. Wikipedia
Founded
2008
Employees
12,638
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