IRICO NEWENERGY (0438) is traded on Hong Kong Stock Exchange in Hong Kong. It is located in Xianyang, and employs 1,720 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.34 B. IRICO NEWENERGY operates under Consumer Goods sector and is part of Electronic Equipment industry. This company has 630.88 M outstanding shares.
IRICO has accumulated about 62.85 M in cash with 51.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Use IRICO NEWENERGY to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of IRICO NEWENERGY to be traded at 0.6014 in 30 days
IRICO Group New Energy Company Limited together with its subsidiaries engages in the manufacturing and trading of luminous materials liquid crystal related products solar photovoltaic glass products and other solutions in the Peoples Republic of China Hong Kong and internationally. more
IRICO NEWENERGY has some characteristics of a very speculative penny stock
IRICO NEWENERGY has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 260.22 M in total debt with debt to equity ratio (D/E) of 9.96 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. IRICO NEWENERGY has Current Ratio of 0.49 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 217.87 M. Net Loss for the year was (41.81 M) with profit before overhead, payroll, taxes, and interest of 29 M.
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