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IRICO Group New Energy Co Ltd
HKEX:438

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IRICO Group New Energy Co Ltd
HKEX:438
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Price: 1.74 HKD 4.82% Market Closed
Market Cap: HK$306.8m

P/S

0.1
Current
34%
Cheaper
vs 3-y average of 0.1

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.1
=
Market Cap
HK$299.7m
/
Revenue
¥2.9B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.1
=
Market Cap
HK$299.7m
/
Revenue
¥2.9B

Valuation Scenarios

IRICO Group New Energy Co Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (0.1), the stock would be worth HK$2.63 (51% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+4 171%
Average Upside
1 811%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.1 HK$1.74
0%
3-Year Average 0.1 HK$2.63
+51%
5-Year Average 0.2 HK$3.78
+117%
Industry Average 3.9 HK$74.32
+4 171%
Country Average 2.8 HK$52.28
+2 904%

Forward P/S
Today’s price vs future revenue

Not enough data available to calculate forward P/S

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

Lower than 98% of companies in China
Percentile
2st
Based on 7 736 companies
2st percentile
0.1
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

IRICO Group New Energy Co Ltd
Glance View

Market Cap
306.8m HKD
Industry
Electrical Equipment

IRICO Group New Energy Co. Ltd. engages in the business of solar photovoltaic, new materials, and trading. The company is headquartered in Xianyang, Shaanxi. The company went IPO on 2004-12-20. The firm operates through four segments. Luminous Materials Production and Sales segment is engaged in the production and sales of luminous materials. Liquid Crystal Related Products Production and Sales segment is engaged in the production and trading of liquid crystal display (LCD) televisions and LCD glass substrates. Solar Photovoltaic Glass Production and Sales segment is engaged in the production and sales of solar photovoltaic glass. Others segment is engaged in other trading.

Intrinsic Value
Not Available
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