Hainan Drinda New Energy Technology Co., Ltd. (SHE:002865)
China flag China · Delayed Price · Currency is CNY
39.80
-2.10 (-5.01%)
Aug 24, 2026, 3:04 PM CST

SHE:002865 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Revenue
7,1457,6279,95218,65711,5952,863
Revenue Growth
-1.34%-23.36%-46.66%60.90%304.95%233.54%
Gross Profit
-118.58-227.77-66.972,6531,301330.04
Operating Income
-502.66-744.89-564.71,834843.2536.41
Net Income
-1,405-1,416-591.11815.64716.95-178.64
Earnings Per Share
-4.65-5.27-2.603.753.57-0.97
EPS Growth
---5.04%--

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Jan '23 Dec '21
Photovoltaic Cells
7,5989,92418,63111,1021,642
Unallocated Other Operations
29.2427.8726.0828.4365.22
Total
7,6279,95218,65711,5952,863

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Cash & Investments
4,4145,0413,9663,6081,873491.49
Total Debt
6,6145,3524,9863,8313,2651,495
Net Cash (Debt)
-2,200-311.7-1,020-222.95-1,391-1,004
Net Cash Growth
------
Net Cash Per Share
-7.27-1.16-4.49-1.03-6.93-5.43

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Operating Cash Flow
-1,236-485.76654.371,979155.76580.96
Capital Expenditures
-21.6-203.88-443.58-2,781-525.42-154.1
Free Cash Flow
-1,258-689.64210.79-801.7-369.66426.86
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Gross Margin
-1.66%-2.99%-0.67%14.22%11.22%11.53%
Operating Margin
-7.03%-9.77%-5.67%9.83%7.27%1.27%
Pretax Margin
-19.23%-17.97%-7.35%3.99%7.69%-3.53%
Profit Margin
-19.67%-18.56%-5.94%4.37%6.18%-6.24%
FCF Margin
-17.61%-9.04%2.12%-4.30%-3.19%14.91%

Dividends

Fiscal YearFY 2023FY 2022
Period EndingDec '23 Jan '23
Dividend Per Share
0.7460.600
Dividend Per Share Growth
24.33%-
Dividend Yield
0.98%0.46%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
PE Ratio
---21.6036.54-
Forward PE
24.5317.7010.055.4219.56-
P/FCF Ratio
--54.99--22.39
PS Ratio
1.421.791.170.942.263.34