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Hainan Drinda New Energy Technology Co., Ltd. (HKG:2865)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
32.52
+1.42 (4.57%)
Last updated: Apr 29, 2026, 11:15 AM HKT

HKG:2865 Statistics

Total Valuation

HKG:2865 has a market cap or net worth of HKD 21.54 billion. The enterprise value is 23.78 billion.

Market Cap 21.54B
Enterprise Value 23.78B

Important Dates

The last earnings date was Monday, March 30, 2026.

Earnings Date Mar 30, 2026
Ex-Dividend Date n/a

Share Statistics

Current Share Class 82.11M
Shares Outstanding n/a
Shares Change (YoY) +22.61%
Shares Change (QoQ) -8.30%
Owned by Insiders (%) 5.08%
Owned by Institutions (%) 18.56%
Float 224.68M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 2.55
PB Ratio 4.66
P/TBV Ratio 7.24
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 75.97, with an EV/FCF ratio of -20.06.

EV / Earnings -16.15
EV / Sales 2.79
EV / EBITDA 75.97
EV / EBIT n/a
EV / FCF -20.06

Financial Position

The company has a current ratio of 1.04, with a Debt / Equity ratio of 1.47.

Current Ratio 1.04
Quick Ratio 0.83
Debt / Equity 1.47
Debt / EBITDA 21.92
Debt / FCF -5.74
Interest Coverage -1.90

Financial Efficiency

Return on equity (ROE) is -33.01% and return on invested capital (ROIC) is -10.30%.

Return on Equity (ROE) -33.01%
Return on Assets (ROA) -1.87%
Return on Invested Capital (ROIC) -10.30%
Return on Capital Employed (ROCE) -5.42%
Weighted Average Cost of Capital (WACC) 4.43%
Revenue Per Employee 3.12M
Profits Per Employee -543,075
Employee Count 2,712
Asset Turnover 0.43
Inventory Turnover 12.71

Taxes

In the past 12 months, HKG:2865 has paid 63.47 million in taxes.

Income Tax 63.47M
Effective Tax Rate n/a

Stock Price Statistics

Beta (5Y) 0.08
52-Week Price Change n/a
50-Day Moving Average 34.20
200-Day Moving Average 24.99
Relative Strength Index (RSI) 46.99
Average Volume (20 Days) 9,326,409

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, HKG:2865 had revenue of HKD 8.46 billion and -1.47 billion in losses. Loss per share was -5.22.

Revenue 8.46B
Gross Profit -123.38M
Operating Income -582.92M
Pretax Income -1.41B
Net Income -1.47B
EBITDA 308.48M
EBIT -582.92M
Loss Per Share -5.22

Balance Sheet

The company has 4.63 billion in cash and 6.81 billion in debt, giving a net cash position of -2.17 billion.

Cash & Cash Equivalents 4.63B
Total Debt 6.81B
Net Cash -2.17B
Net Cash Per Share n/a
Equity (Book Value) 4.63B
Book Value Per Share 14.79
Working Capital 285.28M

Cash Flow

In the last 12 months, operating cash flow was -1.00 billion and capital expenditures -184.49 million, giving a free cash flow of -1.19 billion.

Operating Cash Flow -1.00B
Capital Expenditures -184.49M
Depreciation & Amortization 898.76M
Net Borrowing -745.90M
Free Cash Flow -1.19B
FCF Per Share n/a

Margins

Gross margin is -1.46%, with operating and profit margins of -6.89% and -17.40%.

Gross Margin -1.46%
Operating Margin -6.89%
Pretax Margin -16.66%
Profit Margin -17.40%
EBITDA Margin 3.64%
EBIT Margin -6.89%
FCF Margin n/a

Dividends & Yields

HKG:2865 does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -22.61%
Shareholder Yield -22.61%
Earnings Yield -6.84%
FCF Yield -5.50%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

HKG:2865 has an Altman Z-Score of 0.97 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.97
Piotroski F-Score 3