Xinte Energy Co., Ltd. logo

Xinte Energy Co., Ltd.

1799.HK

HKSEEnergySolar

Latest quote

HK$4.165

−HK$0.135 · -3.15%

Aug 24, 3:05 PM HKT

1799.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Xinte Energy Co., Ltd., through its various subsidiaries, is actively involved in the global and domestic (People's Republic of China) sphere, concentrating on the innovation, manufacturing, and commercialization of polysilicon. The firm also undertakes the planning, establishment, and ongoing management of wind and solar energy power stations. Its product portfolio encompasses the production and distribution of critical power components such as inverters, flexible direct current transmission converter valves, and static VAR generators. Additionally, Xinte Energy offers logistics support services and specialized new materials derived from zirconium. The company, which was founded in 2008, maintains its principal offices in Urumqi, located within the People's Republic of China, and operates as a controlled entity of TBEA Co., Ltd.

Industry
Solar
Sector
Energy
Headquarters
CN
CEO
Xinjian Nan
Listed since
Dec 30, 2015
Employees
7,512

Market position

Volume
1.92M
1.2× average
Average volume
1.61M
Average daily volume
Market cap
5.94B HKD
Beta
0.65
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
29.51B CNY
P/E (TTM)
-4.4×
P/B (TTM)
0.16×
P/S (TTM)
0.29×
EV / EBITDA
21.2×
Earnings yield
-12.77%
Free cash flow yield
-80.47%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
8.18%
Operating margin
-6.22%
Net margin
-6.48%
Return on equity
-3.83%
Return on assets
-1.47%
Return on invested capital
-1.49%

Financial health

Debt / equity
1.06×
Current ratio
1.15×
Altman Z-score
0.84
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends63%33%3%-27%Gross margin, FY2021: 40.63%Gross margin, FY2022: 55.25%Gross margin, FY2023: 30.47%Gross margin, FY2024: 6.42%Gross margin, FY2025: 5.91%Operating margin, FY2021: 27.98%Operating margin, FY2022: 45.74%Operating margin, FY2023: 19.74%Operating margin, FY2024: -19.66%Operating margin, FY2025: -6.64%Net margin, FY2021: 22.00%Net margin, FY2022: 36.15%Net margin, FY2023: 14.13%Net margin, FY2024: -18.41%Net margin, FY2025: -7.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 40.63%. Gross margin FY2022 55.25%. Gross margin FY2023 30.47%. Gross margin FY2024 6.42%. Gross margin FY2025 5.91%. Operating margin FY2021 27.98%. Operating margin FY2022 45.74%. Operating margin FY2023 19.74%. Operating margin FY2024 -19.66%. Operating margin FY2025 -6.64%. Net margin FY2021 22.00%. Net margin FY2022 36.15%. Net margin FY2023 14.13%. Net margin FY2024 -18.41%. Net margin FY2025 -7.90%.

Income trends

Revenue

15.25B CNY-28.09%

Operating income

−1.01B CNY+75.70%

Net income

−1.21B CNY+69.13%
Income trends across reported periods40.93B CNY24.53B CNY8.13B CNY−8.27B CNYRevenue, FY2021: 22.52B CNYRevenue, FY2022: 36.83B CNYRevenue, FY2023: 30.75B CNYRevenue, FY2024: 21.21B CNYRevenue, FY2025: 15.25B CNYOperating income, FY2021: 6.3B CNYOperating income, FY2022: 16.85B CNYOperating income, FY2023: 6.07B CNYOperating income, FY2024: −4.17B CNYOperating income, FY2025: −1.01B CNYNet income, FY2021: 4.96B CNYNet income, FY2022: 13.31B CNYNet income, FY2023: 4.35B CNYNet income, FY2024: −3.9B CNYNet income, FY2025: −1.21B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 22.52B CNY. Revenue FY2022 36.83B CNY. Revenue FY2023 30.75B CNY. Revenue FY2024 21.21B CNY. Revenue FY2025 15.25B CNY. Operating income FY2021 6.3B CNY. Operating income FY2022 16.85B CNY. Operating income FY2023 6.07B CNY. Operating income FY2024 −4.17B CNY. Operating income FY2025 −1.01B CNY. Net income FY2021 4.96B CNY. Net income FY2022 13.31B CNY. Net income FY2023 4.35B CNY. Net income FY2024 −3.9B CNY. Net income FY2025 −1.21B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue15.25B CNY21.21B CNY30.75B CNY36.83B CNY22.52B CNY
Cost of goods sold14.35B CNY19.85B CNY21.38B CNY16.55B CNY13.37B CNY
Gross profit900.91M CNY1.36B CNY9.37B CNY20.35B CNY9.15B CNY
Research and development369.02M CNY367.03M CNY274.03M CNY325.35M CNY337.25M CNY
Selling, general, and administrative518.2M CNY1.86B CNY538.45M CNY602.52M CNY670.51M CNY
Operating expenses1.91B CNY5.53B CNY3.3B CNY3.52B CNY2.42B CNY
Interest income105.94M CNY145.39M CNY127.16M CNY85.87M CNY43.62M CNY
Interest expense669.34M CNY711.25M CNY733.19M CNY786.82M CNY742.95M CNY
Depreciation and amortization2.79B CNY2.36B CNY2.42B CNY1.91B CNY1.51B CNY
Operating income−1.01B CNY−4.17B CNY6.07B CNY16.85B CNY6.3B CNY
Net income−1.21B CNY−3.9B CNY4.35B CNY13.31B CNY4.96B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
1 beat, 0 misses, 0 met estimates
Average EPS surprise
+0.16%
1 comparable report
Latest EPS result
-0.17

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates6.83.560.32-2.92Q2 '23No estimateQ4 '23No estimateQ1 '24No estimateQ4 '24No estimateQ1 '25No estimateQ3 '25BeatQ1 '26No estimateQ3 '26No estimate
Q2 2023, reported Apr 25, 2023: actual 6.13, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 28, 2023: actual 3.6, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual -0.32, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 6, 2024: actual -0.666, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -2.25, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 1, 2025: actual -0.196, estimate -0.196, surprise +0.16%, Beat. Q1 2026, reported Mar 29, 2026: actual -0.734, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 21, 2026: actual -0.171, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates26.56B19.97B13.39B6.8BQ2 '23No estimateQ4 '23No estimateQ1 '24No estimateQ4 '24No estimateQ1 '25No estimateQ3 '25MissQ1 '26BeatQ3 '26Beat
Q2 2023, reported Apr 25, 2023: actual 25.19B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 28, 2023: actual 19.02B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 14.57B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 6, 2024: actual 12.61B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 10.07B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 1, 2025: actual 8B HKD, estimate 8.01B HKD, surprise -0.16%, Miss. Q1 2026, reported Mar 29, 2026: actual 8.84B HKD, estimate 8.84B HKD, surprise +0.04%, Beat. Q3 2026, reported Aug 21, 2026: actual 11.72B HKD, estimate 11.47B HKD, surprise +2.20%, Beat.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$1.2808

2022 complete year+422.8% since 2018

Corporate action history

Dividend

Ex-dividend May 26, 2022

HK$1.2808

Annual

Record May 27, 2022 · Payment Jul 20, 2022

Dividend

Ex-dividend Jun 22, 2021

HK$0.1213

Annual

Record Jun 23, 2021 · Payment Aug 13, 2021

Dividend

Ex-dividend Jun 26, 2020

HK$0.0657

Annual

Record Jun 29, 2020 · Payment Aug 14, 2020

Dividend

Ex-dividend Jul 3, 2019

HK$0.1708

Annual

Record Jul 4, 2019 · Payment Aug 28, 2019

Dividend

Ex-dividend Jun 20, 2018

HK$0.245

Annual

Record Jun 21, 2018 · Payment Aug 15, 2018

Dividend

Ex-dividend Jun 21, 2017

HK$0.1378

Annual

Record Jun 22, 2017 · Payment Aug 11, 2017

1799.HK peers

ETFs holding 1799.HK

Funds reporting this stock among their holdings, ordered by reported position size.

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