8326$0.1653

Tonking New Energy Group Holdings Ltd

Renewable Energy Equipment & ServicesVerified

Score breakdown

Valuation+45Profitability+35Sentiment+15Risk penalty-3

Quality breakdown

Key fields100Profile38Conclusion84AI synthesis40Observations3

Tonking New Energy Group Holdings Ltd (8326.HK) is currently classified as Renewable Energy within Renewable Energy Equipment & Services (Energy). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 806,585,000 HKD, total equity 357,197,000, short-term debt 0, long-term debt 146,063,000. Net cash position is approximately -65,391,000 HKD. Self-calculated market cap is 196,320,000 HKD (market_price × shares_outstanding_diluted). Profitability profile: revenue 1,029,921,000, gross profit 154,408,000, operating income 89,427,000, net income 71,652,000. Return on equity ~20.1%. Return on assets ~8.9%. Operating-cash-flow to net-income ratio is 0.71. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..

Profile

CompanyTonking New Energy Group Holdings Ltd

Ticker8326.HK

SectorEnergy

BusinessRenewable Energy

Industry groupRenewable Energy

IndustryRenewable Energy Equipment & Services

AI analysis

Business. Tonking New Energy Group Holdings Ltd is classified under Energy / Renewable Energy Equipment & Services and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Renewable Energy Equipment & Services, Renewable Energy, Energy.

Key takeaways

Observed GAAP P/E is about 2.74x.
Return on equity is about 20.1%.
Debt to equity is about 0.41x.

Financial snapshot

PeriodHA-latest

CurrencyHKD

Revenue$1.03B

Gross profit$154.4M

Operating income$89.4M

Net income$71.7M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$51.2M

CapEx-$2.1M

Free cash flow$75.5M

Total assets$806.6M

Total liabilities$449.4M

Total equity$357.2M

Cash & equivalents$80.7M

Long-term debt$146.1M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$1.03B$89.4M$71.7M$75.5M

FY-1$766.1M$44.9M$32.8M$35.4M

FY-2$689.0M$41.2M$27.6M$31.9M

FY-3$240.5M$8.1M$5.5M$6.2M

FY-4$190.9M-$4.6M-$8.6M-$3.8M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$806.6M$357.2M$80.7M—

FY-1$649.3M$253.9M$44.3M—

FY-2$516.1M$236.4M$54.6M—

FY-3$423.2M$229.6M$34.6M—

FY-4$381.9M$213.3M$24.4M—

PeriodOCFCapExFCFSBC

FY0$51.2M-$2.1M$75.5M—

FY-1-$60.3M-$2.5M$35.4M—

FY-2$22.0M-$1.1M$31.9M—

FY-3$14.4M-$4.6M$6.2M—

FY-4-$60.3M-$623.0k-$3.8M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6———$25.9M

FQ-7————

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6$649.3M$253.9M$44.3M—

FQ-7————

PeriodOCFCapExFCFSBC

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6-$60.3M-$2.5M$25.9M—

FQ-7————

Valuation

Market price$0.16

Market cap$196.3M

Enterprise value$261.7M

P/E2.7

Reported non-GAAP P/E—

EV/Revenue0.2

EV/Op income2.9

EV/OCF5.1

P/B0.6

P/Tangible book0.6

Tangible book$357.2M

Net cash-$65.4M

Current ratio2.1

Debt/Equity0.4

ROA8.9%

ROE20.1%

Cash conversion71.0%

CapEx/Revenue-0.2%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Renewable Energy · cohort 100 companies

Metric8326Activity

Op margin8.7%1.9% medp25 -54.9% · p75 10.9%above median

Net margin7.0%-1.6% medp25 -57.4% · p75 7.0%top quartile

Gross margin15.0%19.1% medp25 7.8% · p75 33.5%below median

CapEx / revenue-0.2%-6.0% medp25 -23.0% · p75 -1.3%top quartile

Debt / equity41.0%26.0% medp25 4.5% · p75 72.7%above median

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 20:16 UTC#75f4a15a

Source: analysis-pipeline (hybrid)Generated: 2026-05-07 05:22 UTCJob: b2e61617