Xinyi Solar Holdings (HKSE:00968) Enterprise Value: HK$37,519 Mil (As of Aug. 07, 2026) ***

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HKSE:00968 Xinyi Solar Holdings Ltd HKSE:00968
82 GF Score
Price HK$2.45
GF Value HK$2.85
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Xinyi Solar Holdings Enterprise Value?

Xinyi Solar Holdings HKSE:00968 +5.39% 82 Enterprise Value is HK$37,519 Mil as of Aug. 07, 2026. GuruFocus rates HKSE:00968 with a GF Score™ of 82/100 and a GF Value™ of HK$2.85 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Xinyi Solar Holdings's Enterprise Value is HK$37,519 Mil. Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was HK$738 Mil. Therefore, Xinyi Solar Holdings's EV-to-EBIT ratio for today is 50.85.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Xinyi Solar Holdings's Enterprise Value is HK$37,519 Mil. Xinyi Solar Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was HK$738 Mil. Therefore, Xinyi Solar Holdings's EV-to-EBITDA ratio for today is 50.85.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Xinyi Solar Holdings's Enterprise Value is HK$37,519 Mil. Xinyi Solar Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was HK$20,721 Mil. Therefore, Xinyi Solar Holdings's EV-to-Revenue ratio for today is 1.81.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Xinyi Solar Holdings's Enterprise Value is HK$37,519 Mil. Xinyi Solar Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was HK$5,942 Mil. Therefore, Xinyi Solar Holdings's EV-to-OCF ratio for today is 6.31.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Xinyi Solar Holdings's Enterprise Value is HK$37,519 Mil. Xinyi Solar Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was HK$3,305 Mil. Therefore, Xinyi Solar Holdings's EV-to-FCF ratio for today is 11.35.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Xinyi Solar Holdings  (HKSE:00968) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Xinyi Solar Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37518.895/737.87
=50.85

Xinyi Solar Holdings's current Enterprise Value is HK$37,519 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was HK$738 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Xinyi Solar Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=37518.895/737.87
=50.85

Xinyi Solar Holdings's current Enterprise Value is HK$37,519 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was HK$738 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Xinyi Solar Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=37518.895/20720.52
=1.81

Xinyi Solar Holdings's current Enterprise Value is HK$37,519 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was HK$20,721 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Xinyi Solar Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=37518.895/5941.613
=6.31

Xinyi Solar Holdings's current Enterprise Value is HK$37,519 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was HK$5,942 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Xinyi Solar Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=37518.895/3305.3
=11.35

Xinyi Solar Holdings's current Enterprise Value is HK$37,519 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was HK$3,305 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.


Xinyi Solar Holdings Enterprise Value Related Terms


Xinyi Solar Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Xinyi Solar Holdings's Enterprise Value 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.

Xinyi Solar Holdings Enterprise Value Chart

Xinyi Solar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124,517.54 85,905.18 55,067.35 46,537.48 41,550.64

Xinyi Solar Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Enterprise Value 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 50,769.60 46,537.48 40,741.70 41,550.64 33,368.86

HKSE:00968 vs FSLR, NXT, ENPH: Enterprise Value Comparison

For the Solar subindustry, Xinyi Solar Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Xinyi Solar Holdings Enterprise Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Enterprise Value falls into.


HKSE:00968
82GF Score
Xinyi Solar Holdings Ltd HKSE:00968
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xinyi Solar Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Xinyi Solar Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Xinyi Solar Holdings's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of HK$37,519 Mil mean?
Xinyi Solar Holdings (HKSE:00968) has a Enterprise Value of HK$37,519 Mil as of Aug. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Xinyi Solar Holdings and its competitors.
Is Xinyi Solar Holdings' Enterprise Value too high?
Xinyi Solar Holdings' current Enterprise Value is HK$37,519 Mil. Overall, Xinyi Solar Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xinyi Solar Holdings' Enterprise Value compare to FSLR and NXT?
Xinyi Solar Holdings' Enterprise Value of HK$37,519 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Semiconductors company?
A good Enterprise Value depends on the Semiconductors industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Xinyi Solar Holdings and its competitors. Xinyi Solar Holdings's current Enterprise Value is HK$37,519 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinyi Solar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xinyi Solar Holdings (HKSE:00968) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.85, compared to a current price of HK$2.45 — trading 14.2% below its estimated fair value. The current Enterprise Value is HK$37,519 Mil. Xinyi Solar Holdings' overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Xinyi Solar Holdings (HKSE:00968), the current Enterprise Value is HK$37,519 Mil as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Xinyi Solar Holdings (HKSE:00968) Overvalued in 2026?

Based on GuruFocus' analysis, Xinyi Solar Holdings stock appears to be undervalued. The current stock price of HK$2.45 is trading 14.2% below its estimated GF Value™ of HK$2.85. GuruFocus considers Xinyi Solar Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:00968:

  • Enterprise Value: HK$37,519 Mil
  • GF Value™: HK$2.85 vs. price of HK$2.45 (14.2% below fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the HKSE:00968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinyi Solar Holdings Business Description

Address 2 Xinyi Road, Xinyi PV Glass Industrial Zone, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241007
Xinyi Solar Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the production and sale of solar glass products and the development and operation of renewable energy business focused on solar farms. The company's operating segments include sales of solar glass and renewable energy business. A majority of its revenue is generated from the sales of solar glass. Geographically, it derives maximum revenue from Mainland China, followed by other areas in Asia, North America and Europe, and other regions.
82GF Score

Get the complete analysis for HKSE:00968

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.45
Price
HK$2.85
GF Value