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Irico Group New Energy Co (HKSE:00438) Revenue : HK$3,440 Mil (TTM As of Dec. 2023)


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What is Irico Group New Energy Co Revenue?

Irico Group New Energy Co's revenue for the six months ended in Dec. 2023 was HK$2,032 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,440 Mil. Irico Group New Energy Co's Revenue per Share for the six months ended in Dec. 2023 was HK$11.53. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$19.51.

Warning Sign:

Irico Group New Energy Co Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Irico Group New Energy Co was 24.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -4.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was -6.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Irico Group New Energy Co's highest 3-Year average Revenue per Share Growth Rate was 14.00% per year. The lowest was -18.40% per year. And the median was -4.80% per year.


Irico Group New Energy Co Revenue Historical Data

The historical data trend for Irico Group New Energy Co's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Irico Group New Energy Co Revenue Chart

Irico Group New Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,498.25 2,985.52 2,531.05 2,758.60 3,440.36

Irico Group New Energy Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,090.31 1,283.98 1,535.39 1,408.24 2,032.12

Competitive Comparison of Irico Group New Energy Co's Revenue

For the Solar subindustry, Irico Group New Energy Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Irico Group New Energy Co's Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Irico Group New Energy Co's Revenue distribution charts can be found below:

* The bar in red indicates where Irico Group New Energy Co's Revenue falls into.



Irico Group New Energy Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$3,440 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Irico Group New Energy Co  (HKSE:00438) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Irico Group New Energy Co Revenue Related Terms

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Irico Group New Energy Co (HKSE:00438) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Caihong Road, Qingdu District, Shaanxi Province, Xianyang, CHN, 712021
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. It operates through the following segments: Solar photovoltaic & module business segment, and Others. The majority of its revenue is derived from Solar Photovoltaic, which includes Solar photovoltaic glass, Solar photovoltaic modules, Solar photovoltaic power stations, and Quartz sand business. Its geographical segments are China (excluding Hong Kong), Hong Kong, and Other countries, of which the majority of its revenue comes from China.

Irico Group New Energy Co (HKSE:00438) Headlines

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