Tonking New Energy Group Holdings Limited logo

Tonking New Energy Group Holdings Limited

8326.HK

HKSEUtilitiesRenewable Utilities

Latest quote

HK$0.138

−HK$0.002 · -1.43%

Aug 24, 2:48 PM HKT

8326.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Tonking New Energy Group Holdings Limited functions as an investment holding company, deeply involved in the renewable energy sector throughout the People's Republic of China. Its operational scope includes offering comprehensive, integrated services for solar power plants, selling its proprietary photovoltaic tracking mounting systems, engaging in research and development of solar power innovations, and generating and distributing electricity. The company, founded in 2004, was previously named JC Group Holdings Limited until its rebranding to Tonking New Energy Group Holdings Limited in May 2016. Its headquarters are located in Tsim Sha Tsui, Hong Kong.

Industry
Renewable Utilities
Sector
Utilities
Headquarters
HK
CEO
Jian Nong Wu
Listed since
Nov 21, 2013
Employees
149

Market position

52-week range

Current HK$0.138

Open
HK$0.138
Previous close
HK$0.14
Volume
25K
0.02× average
Average volume
1.14M
Average daily volume
Market cap
153.23M HKD
Beta
-0.28
Market reference 1
50-day average
HK$0.144
-4.15% below average
200-day average
HK$0.1543
-10.56% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
147.86M HKD
P/E (TTM)
8.79×
P/B (TTM)
0.43×
P/S (TTM)
0.18×
EV / EBITDA
8.55×
Earnings yield
3.20%
Free cash flow yield
0.00%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
17.39%
Operating margin
8.08%
Net margin
1.90%
Return on equity
1.57%
Return on assets
0.84%
Return on invested capital
1.49%

Financial health

Debt / equity
0.32×
Current ratio
2.16×
Altman Z-score
2.98
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%14%7%-0%Gross margin, FY2021: 18.46%Gross margin, FY2022: 10.48%Gross margin, FY2023: 12.60%Gross margin, FY2024: 14.99%Gross margin, FY2025: 19.66%Operating margin, FY2021: 2.03%Operating margin, FY2022: 5.71%Operating margin, FY2023: 5.72%Operating margin, FY2024: 8.53%Operating margin, FY2025: 3.42%Net margin, FY2021: 2.29%Net margin, FY2022: 4.01%Net margin, FY2023: 4.28%Net margin, FY2024: 6.96%Net margin, FY2025: 1.61%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 18.46%. Gross margin FY2022 10.48%. Gross margin FY2023 12.60%. Gross margin FY2024 14.99%. Gross margin FY2025 19.66%. Operating margin FY2021 2.03%. Operating margin FY2022 5.71%. Operating margin FY2023 5.72%. Operating margin FY2024 8.53%. Operating margin FY2025 3.42%. Net margin FY2021 2.29%. Net margin FY2022 4.01%. Net margin FY2023 4.28%. Net margin FY2024 6.96%. Net margin FY2025 1.61%.

Income trends

Revenue

363.99M HKD-64.66%

Operating income

12.46M HKD-85.81%

Net income

5.86M HKD-91.82%
Income trends across reported periods1.13B HKD722.41M HKD312.39M HKD−97.63M HKDRevenue, FY2021: 240.52M HKDRevenue, FY2022: 688.97M HKDRevenue, FY2023: 766.11M HKDRevenue, FY2024: 1.03B HKDRevenue, FY2025: 363.99M HKDOperating income, FY2021: 4.88M HKDOperating income, FY2022: 39.37M HKDOperating income, FY2023: 43.81M HKDOperating income, FY2024: 87.85M HKDOperating income, FY2025: 12.46M HKDNet income, FY2021: 5.5M HKDNet income, FY2022: 27.63M HKDNet income, FY2023: 32.82M HKDNet income, FY2024: 71.65M HKDNet income, FY2025: 5.86M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 240.52M HKD. Revenue FY2022 688.97M HKD. Revenue FY2023 766.11M HKD. Revenue FY2024 1.03B HKD. Revenue FY2025 363.99M HKD. Operating income FY2021 4.88M HKD. Operating income FY2022 39.37M HKD. Operating income FY2023 43.81M HKD. Operating income FY2024 87.85M HKD. Operating income FY2025 12.46M HKD. Net income FY2021 5.5M HKD. Net income FY2022 27.63M HKD. Net income FY2023 32.82M HKD. Net income FY2024 71.65M HKD. Net income FY2025 5.86M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue363.99M HKD1.03B HKD766.11M HKD688.97M HKD240.52M HKD
Cost of goods sold292.43M HKD875.51M HKD669.6M HKD616.79M HKD196.12M HKD
Gross profit71.57M HKD154.41M HKD96.51M HKD72.18M HKD44.4M HKD
Research and development14.28M HKD15.24M HKD11.67M HKD6.83M HKD10.92M HKD
Selling, general, and administrative44.83M HKD47.62M HKD39.87M HKD24.66M HKD27.26M HKD
Operating expenses59.1M HKD66.56M HKD52.7M HKD31.03M HKD37.38M HKD
Interest income730K HKD1.62M HKD878K HKD728K HKD224K HKD
Interest expense4.54M HKD5.08M HKD4.49M HKD3.95M HKD3.19M HKD
Depreciation and amortization4.84M HKD4.77M HKD3.98M HKD4M HKD4.24M HKD
Operating income12.46M HKD87.85M HKD43.81M HKD39.37M HKD4.88M HKD
Net income5.86M HKD71.65M HKD32.82M HKD27.63M HKD5.5M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.070.03-0.01-0.05Q4 '23Q1 '24Q2 '24Q4 '24Q1 '25Q2 '25Q4 '25Q2 '26
Q4 2023, reported Nov 9, 2023: actual 0.012, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 12, 2024: actual 0.014, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 0.014, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual 0.027, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 11, 2025: actual 0.007, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 24, 2025: actual 0.016, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 28, 2025: actual 0.015, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 25, 2026: actual -0.01, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates457.22M345.86M234.5M123.14MQ1 '24No estimateQ2 '24No estimateQ4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ4 '25No estimateQ2 '26MissQ4 '26Estimate
Q1 2024, reported Feb 12, 2024: actual 246.49M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 246.49M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual 297.92M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 11, 2025: actual 217.04M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 24, 2025: actual 434.09M HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 28, 2025: actual 219.12M HKD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 25, 2026: actual 144.87M HKD, estimate 151.7M HKD, surprise -4.50%, Miss. Q4 2026, reported Nov 18, 2026: actual —, estimate 158.85M HKD, surprise —, Comparison unavailable.

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