China's Xinte Energy H1 revenue jumps on higher polysilicon sales volumes

Xinte Energy

21/08/2026 14:33

Overview
China solar materials supplier's interim revenue rose 39% yr/yr for six months ended June 2026
Net loss attributable to shareholders narrowed compared to prior year period
Company did not recommend any interim dividend for the six months ended June 2026

Outlook
Xinte Energy says it will continue deliveries of flexible DC converter valves for the Tibet-Guangdong, Hunan-Guizhou and Shandong-Jiangsu projects

Result Drivers
POLYSILICON SALES VOLUMES – Revenue growth was mainly driven by higher polysilicon sales volumes, lifting segment revenue 297% yr/yr to RMB3.89 bln
POLYSILICON MARGIN RECOVERY – Resumed production after 2025 upgrades and maintenance, plus slightly higher selling prices, lifted gross margin to 13.13% from 9.14%

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Operating Revenue
 
RMB 10.15 bln
 
H1 Net Loss Attributable
 
RMB 211.89 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Xinte Energy Co Ltd is HK$9.28, about 116.3% above its August 21 closing price of HK$4.29

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)