Is There More To The Story Than Xinyi Solar Holdings's (HKG:968) Earnings Growth?
By
January 20, 2021
As a general rule, we think profitable companies are less risky than companies that lose money. Having said that, sometimes statutory profit levels are not a good guide to ongoing profitability, because some short term one-off factor has impacted profit levels. In this article, we'll look at how useful this year's statutory profit is, when analysing
Xinyi Solar Holdings (HKG:968).
We like the fact that Xinyi Solar Holdings made a profit of HK$2.87b on its revenue of HK$9.72b, in the last year. In the chart below, you can see that its profit and revenue have both grown over the last three years.