Tonking New Energy Group Holdings Limited (8326.HK)

Tonking New Energy Group Holdings Limited (8326.HK) — VMCI valuation read

8326.HK prints VMCI 66/100 inside the Utilities sector, where the median sits at 50. The 16-point above-median delta is the cleanest single-number summary of Tonking New Energy Group Holdings Limited's composite stance, and in the mid-cap bucket it places the share ahead of the typical peer on the five-pillar mix.

On 8326.HK, the SEC EDGAR Form 4 stream shows no insider buys or sells in the past 30 days. Quiet tapes happen; they just remove a signal that bull and bear cases sometimes lean on for confirmation.

**Investor frame.** 8326.HK trades at 20.0x earnings, 11% above the Utilities median of 18.0x; that is the value line. ROIC of 14.0% sits 4.0pp above the Utilities median (10.0%); that is the quality line. net debt to EBITDA of -2.2x leaves covenant headroom; that is the risk line for Tonking New Energy Group Holdings Limited on the trailing financials.

8326.HK rose 3.1% over the trailing 7 days, with a -9.7% read on a 30-day basis.