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Ningbo Ginlong Technologies Co Ltd Class A

Ningbo Ginlong Technologies Co Ltd Class A

300763 · SHE · Industrials / Electrical Equipment & Parts

45.63CNY-1.57 (-3.33%)

Price History

Full chart

Market Stats

Previous Close47.20
Open47.00
Day Range45.46 – 47.25
52-Week Range51.33 – 124.80
Volume9.00M
Market Cap21.01B
P/E (TTM)37.03
Forward P/E0.00
EPS1.43
Dividend Yield0.38%
Beta0.72
50-Day Avg59.69
200-Day Avg81.22

About

Ginlong Technologies Co., Ltd. engages in the research, development, production, service, and sale of string inverters worldwide. The company provides single and three phase inverters; utility scale inverters; energy storage inverters; and other accessories. It also offers residential, commercial and industrial, and utility-scale power plant solution, as well as energy storage system. Further, it offers download, warranty, after sales service, monitoring, PV plant design, and installation video services. It sells its products under the Solis brand. Ginlong Technologies Co., Ltd. was founded in 2005 and is headquartered in Ningbo, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Yiming Wang
  • Employees4.75K
  • HeadquartersNo. 57, Jintong Road, Ningbo, China, 315712, China
  • Websitehttps://www.ginlong.com

Leadership

  • Mr. Yiming WangChairman & GM · b. 1981
  • Mr. Junqiang GuoDirector, Deputy GM & CFO · b. 1985
  • Ms. Hefeng LuDeputy General Manager · b. 1983
  • Ms. Chan ZhangNon-Independent Director, Deputy GM & Secretary & Head of the Salary Accg Group of the HR Dept · b. 1990
  • Bo Yuan WeiAccounting Supervisor

Financials

Income Statement

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue32.90M70.92M177.32M285.77M823.48M831.38M1.14B2.08B3.31B5.89B6.10B6.54B6.95B
Growth (%)-+115.56%+150.04%+61.16%+188.17%+0.96%+37.01%+82.98%+58.92%+77.80%+3.59%+7.23%+6.26%
Cost of Revenue21.16M39.35M107.85M184.76M554.22M547.70M747.86M1.42B2.36B3.92B4.16B4.50B4.55B
Gross Profit11.74M31.57M69.47M101.01M269.26M283.69M391.25M661.35M948.10M1.97B1.95B2.04B2.40B
Gross Margin35.67%44.52%39.18%35.35%32.70%34.12%34.35%31.73%28.62%33.46%31.88%31.18%34.49%
Operating Expense20.67M30.22M46.12M68.74M133.55M151.32M242.95M285.91M418.70M781.67M1.11B1.32B1.33B
Operating Income-8.93M1.35M23.35M32.26M135.71M132.37M148.30M375.44M529.40M1.19B836.99M723.68M1.06B
Operating Margin-27.15%1.90%13.17%11.29%16.48%15.92%13.02%18.01%15.98%20.19%13.72%11.06%15.29%
EBITDA-2.78M7.96M28.58M41.12M142.05M144.18M160.55M399.72M638.18M1.58B1.65B1.90B1.91B
EBITDA Margin-8.46%11.23%16.12%14.39%17.25%17.34%14.09%19.18%19.27%26.79%26.97%29.10%27.42%
Net Income-5.40M3.87M20.10M29.73M117.81M118.06M126.58M318.10M473.83M1.06B779.36M691.16M743.21M
Net Income Margin-16.42%5.46%11.34%10.40%14.31%14.20%11.11%15.26%14.30%17.99%12.77%10.56%10.69%
R&D5.51M6.75M9.50M10.46M31.03M30.73M42.32M94.32M173.06M301.19M312.46M384.42M507.61M
R&D as % of Total Revenue16.75%9.51%5.36%3.66%3.77%3.70%3.71%4.53%5.22%5.11%5.12%5.88%7.30%
Interest Expense1.45M1.53M1.68M1.55M283.82K366.90K658.40K3.95M31.57M145.47M250.33M337.13M251.73M
Interest Expense % of Total Revenue4.40%2.15%0.95%0.54%0.03%0.04%0.06%0.19%0.95%2.47%4.10%5.15%3.62%

Balance Sheet

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets71.17M89.80M137.78M240.85M499.57M648.63M1.28B2.98B6.31B14.92B21.59B21.05B19.37B
Total Liabilities39.98M53.75M83.57M105.68M267.82M298.81M415.36M1.15B4.07B10.68B13.84B12.73B10.32B
Total Equity31.18M35.07M53.16M135.16M231.75M349.83M869.10M1.83B2.24B4.25B7.76B8.32B9.05B
Cash2.51M3.46M8.84M36.12M162.46M229.73M517.12M990.56M747.33M1.58B1.08B936.78M924.11M
Total Debt19.06M24.00M28.00M-45.44M57.24M41.82M143.53M1.22B4.48B7.67B8.38B-
Net Debt16.55M20.54M19.16M-36.12M-162.46M-229.73M-475.30M-847.04M474.11M2.91B6.59B7.44B5.59B

Cash Flow

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.97M2.42M11.56M32.71M149.28M107.34M143.47M364.73M632.51M961.64M383.04M2.05B2.20B
Investing Cash Flow-9.02M-5.41M-8.68M-19.82M4.65M-42.05M-200.72M-586.63M-1.89B-4.62B-7.14B-2.88B-
Financing Cash Flow16.54M4.81M1.73M13.81M-24.19M-1.00M341.60M699.92M1.02B4.40B6.24B698.96M-
Capital Expenditure9.02M3.77M5.99M5.82M11.25M42.70M103.23M302.29M1.66B4.19B7.12B3.63B278.61M
Free Cash Flow-20.00M-1.35M5.57M26.90M138.03M64.64M40.23M62.44M-1.03B-3.23B-6.73B-1.58B1.92B
Dividends Paid4.05M1.52M1.68M4.28M23.00M81.04M81.04M138.22M123.79M105.55M405.92M79.20M317.53M
FCF to OCF182.24%-55.51%48.18%82.22%92.46%60.22%28.04%17.12%-162.50%-335.64%-1757.65%-77.06%87.36%
Dividend Paid to FCF-20.24%-112.74%30.17%15.92%16.66%125.37%201.41%221.36%-12.04%-3.27%-6.03%-5.01%16.50%

Earnings

Report DateMar 31, 2019Jun 30, 2019Sep 30, 2019Feb 28, 2020Apr 21, 2020Aug 10, 2020Oct 20, 2020Apr 25, 2021Aug 2, 2021Oct 28, 2021Apr 25, 2022Aug 29, 2022Oct 26, 2022Dec 31, 2022Apr 24, 2023Aug 29, 2023Oct 25, 2023Dec 31, 2023Apr 28, 2024Aug 28, 2024Oct 29, 2024Apr 28, 2025Aug 15, 2025Oct 15, 2025Apr 28, 2026Aug 31, 2026
EPS Estimate-------------1.090.761.14-0.390.390.64------
EPS Actual0.020.070.120.310.250.170.260.280.360.330.450.630.820.940.840.840.290.070.070.760.790.061.030.660.150.91
Surprise--------------13.76%10.53%-26.32%--82.05%-82.05%18.75%------
Timing---Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-After-hoursPre-marketAfter-hours-After-hoursPre-marketPre-marketPre-market----

Key Statistics & Ratios

Market Cap21.01B
Enterprise Value27.36B
Trailing P/E37.03
Forward P/E0.00
Price / Sales2.98
Price / Book2.32
EPS1.43
Book Value24.59
Revenue (TTM)7.04B
Gross Profit (TTM)2.38B
EBITDA1.68B
Profit Margin8.01%
Operating Margin18.02%
Return on Equity6.18%
Return on Assets2.64%
Shares Outstanding396.69M
Shares Float205.69M
Beta0.72
Dividend Yield0.38%
Dividend Rate0.20
Payout Ratio11.57%

Dividends

20261×
0.20May 28, 2026
20251×
0.20May 28, 2025
20241×
0.20May 29, 2024
20231×
0.40Jul 7, 2023
20211×
0.33Sep 14, 2021
20201×
0.39Sep 16, 2020
20191×
0.23Oct 10, 2019

Stock Splits

  • May 26, 20221.5:1
  • Jun 30, 20211.7:1
  • May 15, 20201.7:1