HK Stock MarketDetailed Quotes
00968 XINYI SOLAR
- 3.700
- -0.070-1.86%
Market Closed Jul 19 16:08 CST
32.97BMarket Cap7.87P/E (TTM)
3.770High3.670Low27.02MVolume3.770Open3.770Pre Close100.15MTurnover0.30%Turnover Ratio7.87P/E (Static)8.91BShares8.34552wk High1.03P/B32.97BFloat Cap3.27052wk Low0.23Dividend TTM8.91BShs Float23.935Historical High0.225Dividend LFY2.65%Amplitude-0.659Historical Low3.706Avg Price2000Lot Size6.08%Div YieldTTM6.08%Div Yield LFY
XINYI SOLAR Stock Forum
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After the quarterly review, $Hang Seng Index(800000.HK$ will include $BYD ELECTRONIC(00285.HK$ and exclude $CG SERVICES(06098.HK$ . BYD ELECTRONIC inclined 1.6%, while CG SERVICES dropped 1.9%. $Hang Seng China Enterprises Index(800100.HK$ removed $XINYI SOLAR(00968.HK$ , but the stock still lifted 0.9%.
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Despite a promising earnings outlook, the company's P/E ratio doesn't reflect this due to potential hidden threats. Shareholders appear skeptical of forecasts, accepting lower selling prices. Concerns about earnings instability persist despite a significant rise in shares.
The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
alphaedgeinvest...
$XINYI SOLAR(00968.HK$
alphaedgeinvest...
$XINYI SOLAR(00968.HK$
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Deutsche Bank analyst Gary Zhou prefers Xinyi Solar despite caution about the solar industry in 2024 due to its better supply discipline, leading market share, and cost advantage. Jefferies analysts expect stable gross profit margin due to improving supply-demand balance.
Insider transactions at Xinyi Solar Holdings hint at a positive company outlook. Significant insider purchases, no sales, and high insider ownership suggest management's shareholder alignment. However, investors should note the company's associated risks, including 2 warning signs.
Despite forecasted growth, the company's P/E ratio aligns with others, indicating investor skepticism about meeting growth expectations. Unseen threats to earnings may prevent the P/E ratio from reflecting a positive outlook.
Hong Kong stocks fell for 4 consecutive days. $Hang Seng Index(800000.HK$ slightly opened 4 points higher at 17,359, and once sagged 326 points or 1.9% to a low of 17,046. The index last printed at 17,052, down 301 points or 1.7%. Total turnover amounted to $61.2 billion.
Blue chip stocks generally decreased. $MEITUAN-W(03690.HK$'s 3Q23 adjusted earnings beat expectations. However, its 4Q23 takeaway business revenue growth is expected to slow down. ...
Blue chip stocks generally decreased. $MEITUAN-W(03690.HK$'s 3Q23 adjusted earnings beat expectations. However, its 4Q23 takeaway business revenue growth is expected to slow down. ...
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Xinyi Solar Holdings stock seems overpriced currently despite promising future profit growth, due to high PE ratio. The optimistic outlook might encourage exploration of other factors for next price drop.
$BYD COMPANY(01211.HK$ climbed 0.2% to $248, while $LI AUTO-W(02015.HK$ , $NIO-SW(09866.HK$ and $XPENG-W(09868.HK$ dropped 0.4% to 1.2%. $XINYI SOLAR(00968.HK$ opened 1.9% lower before decline widened.
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COWmustMoo : now many companies have their share below value.. this one is almost 40% off its high in May. RSI is relatively low.