The shine of Gao Pai Xi lost its luster, xinyi energy (03868) is facing fundamental examination.
The situation of the unbalanced supply and demand of photovoltaic power generation is still severe, and xinyi energy's performance is expected to be under long-term pressure in the visible future.
Sinolink Securities: 'Destructive' innovation is the only way to break the current homogenization and internal loop of batteries and components.
In the context of severe product homogenization, differentiated products with significant cost-effectiveness advantages are almost the only way to break through the "crowding-out". By 2024, HJT and xBC technology industrialization have made rapid progress and are expected to lead the next cycle of battery technology iteration.
Hong Kong stocks are about to enter the performance period, and it is expected that there will be few bullish news to cash in.
Authored by / ATFX. Hong Kong stocks started the week with a rebound of more than 200 points, and the unexpected key interest rate cut by the central bank became the key to driving the rebound. On Tuesday, the rebound pattern continued. In addition, some of the Hong Kong stock market, which is ready to enter the performance period, is also guided by performance forecasts, but there are not enough bright profit surprises to boost the overall market. Xinyi Energy (03868) is expected to see a 25% to 35% drop in mid-term profit, and the group expects that its net profit for the six months ending in June will be reduced by 25% to 35%. Its profit in the same period last year was 0.568 billion yuan. The stock price has fallen for three consecutive days, and it further hit a decline of more than 3% today. The company points out that it owned solar energy in the first half of the year.
HK stock market changes | Xinyi Energy (03868) fell more than 4%, the stock price hit a historical low, and it is expected that the net profit in the first half of the year will decrease by more than 25% compared to the same period last year.
Xinyi Energy (03868) fell more than 4%, hitting a new historical low of HKD 0.92. As of press time, it has dropped 4.17% to HKD 0.92, with a turnover of HKD 15.6724 million.
Are Investors Undervaluing Xinyi Energy Holdings Limited (HKG:3868) By 22%?
Xinyi Energy Holdings Forecasts Up to 35% Decline in H1 Profit
Hong Kong stocks fluctuate | Xinyi Energy (03868) fell more than 5% after warning of profit decline, with a expected 25% to 35% year-on-year decrease in net profit for the first half of the year.
After Xinyi Energy (03868) issued a profit warning, its stock fell more than 5%. As of the time of writing, it fell 3% to HKD 0.97, with a turnover of HKD 4.5312 million.
Xinyi Energy 1H 2023 Net Was HK$567.7M
Xinyi Energy: Higher Depreciation Expense; Lower Revenue From Electricity Sales Hurt Results
Xinyi Energy Expects 1H Net Profit to Decrease by 25% to 35% on Year
Xinyi Energy Expects Profit Drop in First Half of 2024
Xinyi Energy Readies for Interim Results and Dividend Decision
Xinyi Energy (03868) issued a profit warning, expecting a 25% to 35% year-on-year decrease in net profit for the first half of the year.
Xinyi Energy (03868) announced that compared to the first half of 2023 net profit of 0.5677 billion Hong Kong dollars, it is expected that in 2024, the net profit will...(the rest of the text is not provided)
Xinyi Energy (03868.HK) will hold a board of directors meeting on July 31 to approve the mid-year performance.
Xinyi Energy (03868.HK) announced on July 19th that the board of directors meeting will be held on July 31, 2024 to approve the publication of the company and its subsidiary's mid-term performance for the six months ending on June 30, 2024, and consider recommending the distribution of interim dividends (if any).
XINYI ENERGY: NOTICE OF BOARD MEETING
Express News | Xinyi Energy - Expected Result Due to Decrease in Amount of Revenue Generated From Electricity Sold on Grid, Among Others
Express News | Xinyi Energy Sees Hy Net Profit Decrease by 25% to 35%
XINYI ENERGY: PROFIT WARNING FOR THE SIX MONTHS ENDED 30 JUNE 2024
HK Stocks Concept Tracking | Multiple photovoltaic giants win bilion-dollar orders in Saudi Arabia! Increased demand for photovoltaics in the Middle East brings new opportunities for going global (concept stocks attached).
Recently, several photovoltaic giants have announced the establishment of joint ventures with Saudi Arabia to invest in photovoltaics and energy storage projects. As of now, the total order amount has reached hundreds of billions of yuan.
Everbright Securities: Soliciting opinions on the Revision of Normative Conditions for the Photovoltaic Manufacturing Industry, Guiding Technological Progress and Standardized Development of the Photovoltaic Industry.
The purpose of this revision is to further guide photovoltaic enterprises to reduce investment in photovoltaic manufacturing projects that simply expand production capacity, while further enhancing the requirements for project process technology and energy consumption management;
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