YOLFTbeta
Hainan Drinda Automotive Trim Co Ltd

Hainan Drinda Automotive Trim Co Ltd

002865 · SHE · Technology / Solar

40.05CNY-3.83 (-8.73%)

Price History

Full chart

Market Stats

Previous Close43.88
Open42.18
Day Range39.80 – 43.55
52-Week Range35.68 – 116.68
Volume35.60M
Market Cap11.30B
P/E (TTM)0.00
Forward P/E0.00
EPS-5.07
Dividend Yield0.00%
Beta0.35
50-Day Avg40.75
200-Day Avg67.90

About

Hainan Drinda New Energy Technology Co., Ltd. engages in design, research, development, production, and marketing of photovoltaic cells in China and internationally. It engages in generation of N-type TOPCon solar cells. The company was formerly known as Hainan Drinda Automotive Trim Co., Ltd and changed its name to Hainan Drinda New Energy Technology Co., Ltd. in September 2022. Hainan Drinda New Energy Technology Co., Ltd. was founded in 2003 and is based in Haikou, China.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Xuyang Lu
  • Employees2.71K
  • HeadquartersHainan Junda Building, Haikou, China, 570216, China
  • Websitehttps://www.jietaisolar.com

Leadership

  • Mr. Xuyang LuExecutive Chairman · b. 1988
  • Mr. Manliang ZhangGM & Executive Director · b. 1980
  • Mr. Hongwei ZhengExecutive Vice Chairman & Deputy GM · b. 1966
  • Mr. Xiaohui ZhouChief Financial Officer · b. 1974
  • Ms. Pingxian ChenChief Marketing Officer · b. 1987
  • Ms. Shuang LiuJoint Company Secretary & Deputy Director of the Securities Department · b. 1993
  • Ms. Sin Ting FungJoint Company Secretary

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue614.44M596.08M722.04M823.40M765.50M922.47M1.15B902.43M826.73M858.47M2.86B11.60B18.66B9.95B7.63B
Growth (%)--2.99%+21.13%+14.04%-7.03%+20.51%+24.96%-21.71%-8.39%+3.84%+233.54%+304.95%+60.90%-46.66%-23.36%
Cost of Revenue428.46M437.41M536.80M627.91M590.09M703.33M877.98M673.11M602.40M675.35M2.53B10.29B16.00B10.02B7.73B
Gross Profit185.98M158.67M185.23M195.49M175.41M219.15M274.78M229.32M224.33M183.13M330.04M1.30B2.65B-66.97M-101.07M
Gross Margin30.27%26.62%25.65%23.74%22.91%23.76%23.84%25.41%27.13%21.33%11.53%11.22%14.22%-0.67%-1.33%
Operating Expense86.73M78.65M120.85M133.09M130.60M160.02M188.68M178.38M200.46M176.84M430.90M409.45M1.91B662.79M502.60M
Operating Income99.25M80.02M64.38M62.40M44.81M59.13M86.09M50.95M23.86M6.28M-100.86M891.64M746.13M-729.76M-603.67M
Operating Margin16.15%13.42%8.92%7.58%5.85%6.41%7.47%5.65%2.89%0.73%-3.52%7.69%4.00%-7.33%-7.91%
EBITDA104.10M85.65M85.67M122.27M102.27M121.19M141.30M112.01M116.92M110.79M33.05M1.38B1.53B231.71M-314.71M
EBITDA Margin16.94%14.37%11.86%14.85%13.36%13.14%12.26%12.41%14.14%12.91%1.15%11.86%8.21%2.33%-4.13%
Net Income74.76M63.44M54.41M56.21M46.08M55.75M67.44M41.83M17.23M13.55M-178.64M716.95M815.64M-591.11M-1.42B
Net Income Margin12.17%10.64%7.54%6.83%6.02%6.04%5.85%4.64%2.08%1.58%-6.24%6.18%4.37%-5.94%-18.56%
R&D-9.44M12.32M26.76M32.32M32.89M41.85M36.90M47.90M53.32M123.42M249.47M303.76M198.72M110.59M
R&D as % of Total Revenue-1.58%1.71%3.25%4.22%3.57%3.63%4.09%5.79%6.21%4.31%2.15%1.63%2.00%1.45%
Interest Expense5.06M-9.52M14.66M13.79M13.18M9.14M13.59M31.41M38.90M46.78M166.40M244.09M224.37M272.67M
Interest Expense % of Total Revenue0.82%-1.32%1.78%1.80%1.43%0.79%1.51%3.80%4.53%1.63%1.44%1.31%2.25%3.57%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets578.01M691.49M990.87M1.15B1.14B1.43B1.72B1.94B1.84B1.86B6.02B9.10B18.38B16.46B16.40B
Total Liabilities356.34M314.62M568.36M694.65M636.50M865.52M874.28M1.02B921.22M809.70M4.41B8.05B13.68B12.57B12.74B
Total Equity220.85M356.98M401.39M457.69M503.78M559.53M844.91M920.45M919.78M1.05B1.00B1.05B4.71B3.89B3.66B
Cash55.19M53.52M72.63M151.29M122.79M200.17M249.73M416.25M240.60M333.00M491.49M1.87B3.61B3.54B4.41B
Total Debt70.00M90.60M196.39M216.41M207.60M153.84M107.00M489.54M456.61M263.76M370.25M2.25B2.46B3.66B-
Net Debt14.81M37.08M123.76M65.12M84.81M-46.33M-142.73M73.29M216.02M-69.24M-121.24M376.83M-1.15B122.66M-

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow127.43M50.88M69.72M139.40M118.08M172.84M-51.59M-90.91M-28.02M50.45M580.96M155.76M1.98B654.37M-485.76M
Investing Cash Flow-137.11M-110.85M-132.25M-99.09M-72.86M-92.82M-45.55M-104.63M-136.61M19.63M-561.81M-733.30M-2.78B-867.25M-
Financing Cash Flow39.91M50.77M45.45M-16.18M-12.56M-48.44M167.60M407.60M-15.51M20.94M-112.05M1.61B2.20B176.29M-
Capital Expenditure110.26M101.04M116.52M96.40M62.95M89.63M55.47M107.95M139.52M119.64M154.10M525.42M2.78B443.58M203.88M
Free Cash Flow17.17M-50.16M-46.80M43.00M55.13M83.21M-107.06M-198.87M-167.54M-69.19M426.86M-369.66M-801.70M210.79M-689.64M
Dividends Paid5.20M6.22M9.99M24.10M13.56M12.92M6.00M31.02M18.00M26.40M22.85M128.92M358.85M380.89M259.50M
FCF to OCF13.47%-98.57%-67.13%30.85%46.69%48.14%207.54%218.74%597.88%-137.16%73.47%-237.33%-40.51%32.21%141.97%
Dividend Paid to FCF30.31%-12.40%-21.34%56.04%24.59%15.52%-5.60%-15.60%-10.74%-38.15%5.35%-34.87%-44.76%180.70%-37.63%

Earnings

Report DateJun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Mar 26, 2020Apr 30, 2020Aug 27, 2020Oct 27, 2020Mar 13, 2021Apr 29, 2021Aug 31, 2021Oct 29, 2021Mar 17, 2022Apr 29, 2022Jul 19, 2022Oct 28, 2022Mar 10, 2023Apr 24, 2023Aug 30, 2023Oct 30, 2023Feb 21, 2024Apr 29, 2024Jun 30, 2024Oct 30, 2024Dec 31, 2024Apr 14, 2025Jun 30, 2025Oct 28, 2025Apr 10, 2026Aug 24, 2026
EPS Estimate------------------------------------
EPS Actual0.050.100.170.090.070.080.02-0.19-0.070.100.38-0.160.180.030.050.03-0.29-0.34-0.730.151.800.972.171.782.832.95-3.620.09-0.82-1.10-0.77-0.47-0.64-0.530.05-0.88
Surprise------------------------------------
Timing--------------Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hours-Pre-market-Pre-market----

Key Statistics & Ratios

Market Cap11.30B
Enterprise Value11.82B
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.58
Price / Book3.15
EPS-5.07
Book Value12.23
Revenue (TTM)7.14B
Gross Profit (TTM)-139.09M
EBITDA154.80M
Profit Margin-19.67%
Operating Margin-19.91%
Return on Equity-32.52%
Return on Assets-2.16%
Shares Outstanding229.15M
Shares Float233.42M
Beta0.35
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20241×
0.75Apr 26, 2024
20231×
0.60Apr 17, 2023
20211×
0.04May 26, 2021
20201×
0.07Jun 17, 2020
20191×
0.11Jul 22, 2019
20181×
0.13May 11, 2018
20171×
0.04Jul 14, 2017

Stock Splits

  • Apr 17, 20231.3981:1