IRICO Group New Energy Company Limited (HKG:0438)

HKG:0438 Statistics

Total Valuation

HKG:0438 has a market cap or net worth of HKD 299.75 million. The enterprise value is 6.12 billion.

Market Cap	299.75M
Enterprise Value	6.12B

Important Dates

The last earnings date was Wednesday, March 25, 2026.

Earnings Date	Mar 25, 2026
Ex-Dividend Date	n/a

Share Statistics

HKG:0438 has 176.32 million shares outstanding.

Current Share Class	96.25M
Shares Outstanding	176.32M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	35.60M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.09
PB Ratio	0.32
P/TBV Ratio	0.40
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-9.82
EV / Sales	1.89
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.58, with a Debt / Equity ratio of 6.63.

Current Ratio	0.58
Quick Ratio	0.48
Debt / Equity	6.63
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-2.34

Financial Efficiency

Return on equity (ROE) is -48.34% and return on invested capital (ROIC) is -6.20%.

Return on Equity (ROE)	-48.34%
Return on Assets (ROA)	-2.75%
Return on Invested Capital (ROIC)	-6.20%
Return on Capital Employed (ROCE)	-10.99%
Weighted Average Cost of Capital (WACC)	2.61%
Revenue Per Employee	1.36M
Profits Per Employee	-262,548
Employee Count	2,375
Asset Turnover	0.34
Inventory Turnover	7.37

Taxes

In the past 12 months, HKG:0438 has paid 311,590 in taxes.

Income Tax	311,590
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -22.02% in the last 52 weeks. The beta is 0.94, so HKG:0438's price volatility has been similar to the market average.

Beta (5Y)	0.94
52-Week Price Change	-22.02%
50-Day Moving Average	1.95
200-Day Moving Average	2.21
Relative Strength Index (RSI)	36.21
Average Volume (20 Days)	116,005

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:0438 had revenue of HKD 3.23 billion and -623.55 million in losses. Loss per share was -3.54.

Revenue	3.23B
Gross Profit	-273.20M
Operating Income	-418.99M
Pretax Income	-623.24M
Net Income	-623.55M
EBITDA	-107.14M
EBIT	-418.99M
Loss Per Share	-3.54

Balance Sheet

The company has 383.30 million in cash and 6.21 billion in debt, with a net cash position of -5.83 billion or -33.04 per share.

Cash & Cash Equivalents	383.30M
Total Debt	6.21B
Net Cash	-5.83B
Net Cash Per Share	-33.04
Equity (Book Value)	936.66M
Book Value Per Share	5.31
Working Capital	-2.27B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Depreciation & Amortization	321.99M
Net Borrowing	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is -8.45%, with operating and profit margins of -12.96% and -19.29%.

Gross Margin	-8.45%
Operating Margin	-12.96%
Pretax Margin	-19.28%
Profit Margin	-19.29%
EBITDA Margin	-3.31%
EBIT Margin	-12.96%
FCF Margin	n/a

Dividends & Yields

HKG:0438 does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	n/a
Shareholder Yield	n/a
Earnings Yield	-208.03%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on March 30, 2021. It was a reverse split with a ratio of 0.05.

Last Split Date	Mar 30, 2021
Split Type	Reverse
Split Ratio	0.05

Scores

HKG:0438 has an Altman Z-Score of -0.65 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.65
Piotroski F-Score	3