Hainan Drinda New Energy Technology Co., Ltd. (SHE:002865)
China flag China · Delayed Price · Currency is CNY
40.27
+0.74 (1.87%)
Jul 31, 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 EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Revenue
7,4477,6279,95218,65711,5952,863
Revenue Growth
-8.21%-23.36%-46.66%60.90%304.95%233.54%
Gross Profit
-108.55-227.77-66.972,6531,301330.04
Operating Income
-512.83-744.89-564.71,834843.2536.41
Net Income
-1,296-1,416-591.11815.64716.95-178.64
Earnings Per Share
-4.59-5.27-2.603.753.57-0.97
EPS Growth
---5.04%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Photovoltaic Cells
7,4187,5989,92418,63111,1021,642
Unallocated Other Operations
-29.2427.8726.0828.4365.22
Total
7,4477,6279,95218,65711,5952,863

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Cash & Investments
4,0755,0413,9663,6081,873491.49
Total Debt
5,9885,3524,9863,8313,2651,495
Net Cash (Debt)
-1,913-311.7-1,020-222.95-1,391-1,004
Net Cash Growth
------
Net Cash Per Share
-6.78-1.16-4.49-1.03-6.93-5.43

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Operating Cash Flow
-880.96-485.76654.371,979155.76580.96
Capital Expenditures
-162.3-203.88-443.58-2,781-525.42-154.1
Free Cash Flow
-1,043-689.64210.79-801.7-369.66426.86
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Gross Margin
-1.46%-2.99%-0.67%14.22%11.22%11.53%
Operating Margin
-6.89%-9.77%-5.67%9.83%7.27%1.27%
Pretax Margin
-16.66%-17.97%-7.35%3.99%7.69%-3.53%
Profit Margin
-17.40%-18.56%-5.94%4.37%6.18%-6.24%
FCF Margin
-14.01%-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
24.8217.7010.055.4219.56-
P/FCF Ratio
--54.99--22.39
PS Ratio
1.371.791.170.942.263.34