0438.HK
Price:
$1.99
Market Cap:
$317.13M
IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, production, and sale of new energy photovoltaic glass in the People's Republic of China and internationally. The company also offers solar cells and components. In addition, it is involved in photovoltaic power generation. The company was formerly known as IRICO Group Electronics Company Limited and changed its name to IRICO Group New Energy Company Limited in January 2016. The company was founded in 2004 and is headquartered in Xianyang, the People's Republic of China.
Industry
Solar
IPO Date
2004-12-20
Stock Exchange
HKSE
Ticker
0438.HK
According to IRICO Group New Energy Company Limited’s latest financial reports and current stock price. The company's current ROE is -52.09%. This represents a change of 268.19% compared to the average of -14.15% of the last 4 quarters.
The mean historical ROE of IRICO Group New Energy Company Limited over the last ten years is 185.60%. The current -52.09% ROE has changed -128.06% with respect to the historical average. Over the past ten years (40 quarters), 0438.HK's ROE was at its highest in in the December 2013 quarter at 267.11%. The ROE was at its lowest in in the June 2014 quarter at -1936.95%.
Average
185.60%
Median
31.06%
Minimum
-25.46%
Maximum
1.53%
Discovering the peaks and valleys of IRICO Group New Energy Company Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.03%
Maximum Annual ROE = 1.53%
Minimum Annual Increase = -376.48%
Minimum Annual ROE = -25.46%
| Year | ROE | Change |
|---|---|---|
| 2024 | -25.46% | 98.37% |
| 2023 | -12.84% | -376.48% |
| 2022 | 4.64% | -45.80% |
| 2021 | 8.57% | -31.91% |
| 2020 | 12.58% | -74.61% |
| 2019 | 49.55% | -43.17% |
| 2018 | 87.19% | 7.57% |
| 2017 | 81.05% | -34.28% |
| 2016 | 123.33% | -91.93% |
| 2015 | 1.53% | 1.03% |
The current ROE of IRICO Group New Energy Company Limited (0438.HK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-11.22%
5-year avg
-2.50%
10-year avg
185.60%
IRICO Group New Energy Company Limited’s ROE is greater than Solargiga Energy Holdings Limited (-26.47%), greater than SPT Energy Group Inc. (-24.16%), less than Yanchang Petroleum International Limited (4.14%), greater than Hilong Holding Limited (-11.00%), less than China Energy Development Holdings Limited (0.25%), less than Huili Resources (Group) Limited (5.68%), greater than China Shuifa Singyes Energy Holdings Limited (-1.38%), greater than Hidili Industry International Development Limited (-54.41%), less than Central Development Holdings Limited (122.88%), less than Energy International Investments Holdings Limited (29.99%),
| Company | ROE | Market cap |
|---|---|---|
| -26.47% | $272.55M | |
| -24.16% | $373.21M | |
| 4.14% | $429.04M | |
| -11.00% | $330.81M | |
| 0.25% | $437.95M | |
| 5.68% | $498.44M | |
| -1.38% | $592.45M | |
| -54.41% | $303.95M | |
| 122.88% | $201.92M | |
| 29.99% | $329.57M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like IRICO Group New Energy Company Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like IRICO Group New Energy Company Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is IRICO Group New Energy Company Limited's ROE?
How is the ROE calculated for IRICO Group New Energy Company Limited (0438.HK)?
What is the highest ROE for IRICO Group New Energy Company Limited (0438.HK)?
What is the 3-year average ROE for IRICO Group New Energy Company Limited (0438.HK)?
What is the 5-year average ROE for IRICO Group New Energy Company Limited (0438.HK)?
How does the current ROE for IRICO Group New Energy Company Limited (0438.HK) compare to its historical average?