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HK Stocks

Xinyi Solar (0968.HK) pre-market: shares at HKD 3.42 after Feb 27 earnings update : what traders should watch next

February 27, 2026
5 min read
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Xinyi Solar Holdings Limited (0968.HK) opened pre-market at HKD 3.42 after its 27 Feb 2026 earnings update, marking a -2.29% move from the previous close. The 0968.HK stock report shows EPS -0.01 and a negative PE of -342.00, signalling profit pressure despite stable sales. Traders in Hong Kong will watch guidance, cash flow, and receivables after the company posted elevated days sales outstanding at 233.58 days. This earnings spotlight summarises the results, market reaction, and what the Meyka model projects next for 0968.HK stock

Earnings summary: 0968.HK stock

Xinyi Solar reported weak profitability for the period ending 2024, with net income contraction and EPS of -0.01. The company cited margin pressure and lower gross profit, consistent with reported gross profit margin of 10.64%. Revenue per share stands at 2.34, showing scale in sales but falling profitability. The earnings announcement on 2026-02-27 drove the immediate pre-market move in 0968.HK stock

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Financials and valuation: 0968.HK stock metrics

Key ratios show mixed fundamentals for 0968.HK stock. Price to book is 1.04, price to sales is 1.47, and dividend yield is 1.23%, indicating modest return to shareholders. Debt to equity is 0.47, interest coverage is 2.33, and current ratio is 1.30, which imply manageable leverage but tighter liquidity. Free cash flow per share is -0.16, and operating cash flow per share is 0.20, linking cash conversion to capex needs

Market reaction and technicals: 0968.HK stock

Pre-market price sits at HKD 3.42, below the 50-day average of 3.27 and near the 200-day average of 3.17. Volume spiked to 64815900.00, above the average volume of 59393720.00, showing higher trading interest. Technicals show RSI 48.38 and ADX 32.74, which points to a trend under watch. The stock traded between 3.39 and 3.54 intraday, reacting to earnings detail and receivables metrics

Meyka AI rates 0968.HK with a score out of 100

Meyka AI rates 0968.HK with a score out of 100: 62.37 (Grade B, suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade considers Xinyi Solar’s solid asset base with book value per share 3.91, offset by thin net margins and stretched receivables. These grades are not guaranteed and we are not financial advisors

Forecast and price targets: 0968.HK stock outlook

Meyka AI’s forecast model projects short-term strength but mixed longer-term paths for 0968.HK stock. The model gives a monthly projection of 3.46 and a quarterly target of 4.30, while the one-year projection is 2.04. Analysts triangulating these figures note a possible near-term upside to around 4.30 if cash conversion improves. Forecasts are model-based projections and not guarantees

Risks and catalysts for 0968.HK stock

Key downside risks include slow collections given days sales outstanding at 233.58 and net income volatility shown by EPS decline of -76.60% year on year. Catalysts would be improved operating cash flow, faster receivable turnover, and stronger solar glass demand. Sector context matters: Hong Kong energy and renewables trends are mixed, and Xinyi sits in the Solar industry with capex intensity at 0.36 per share

Final Thoughts

Xinyi Solar (0968.HK) trades at HKD 3.42 after its 27 Feb earnings update that highlighted weak margins and stretched receivables. Short-term technicals and higher-than-average volume leave room for a bounce; Meyka AI’s quarterly projection at HKD 4.30 implies an upside of 25.73% versus the current price. By contrast, the one-year projection at HKD 2.04 implies a downside of -40.35%, reflecting the model’s caution on profitability recovery. Investors should weigh the near-term rebound potential against structural cash conversion risks and compare Xinyi Solar to the broader Hong Kong energy sector. For an updated price monitor see Meyka AI’s stock page and read recent coverage at Investing.com Xinyi Solar and ETF holdings context at StockAnalysis ETF holdings. Meyka AI provides this analysis as an AI-powered market analysis platform; forecasts are model-based projections and not guarantees

FAQs

What drove the pre-market move in 0968.HK stock after earnings?

The pre-market move followed the 2026-02-27 earnings release showing EPS -0.01, negative PE -342.00, and margin pressure. Elevated days sales outstanding of 233.58 raised cash collection concerns, prompting higher trade volume and a -2.29% price reaction

What is Meyka AI’s short-term outlook for 0968.HK stock?

Meyka AI’s forecast model projects a monthly figure of 3.46 and a quarterly target of 4.30 for 0968.HK stock, suggesting potential near-term upside if cash conversion and margins recover. Forecasts are projections, not guarantees

Which ratios should investors watch for 0968.HK stock recovery?

Monitor operating cash flow per share 0.20, free cash flow per share -0.16, receivables turnover and days sales outstanding 233.58. Improvement in interest coverage 2.33 and gross margin 10.64% would also support recovery for 0968.HK stock

How does Xinyi Solar’s valuation compare in Hong Kong energy sector?

0968.HK stock trades at price to book 1.04 and price to sales 1.47, below many growth peers but above utility-like valuations. Debt to equity 0.47 is moderate versus sector averages, so valuation reflects mixed growth and profitability

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
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