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Zhejiang Xinneng Photovoltaic Technology Co Ltd

Zhejiang Xinneng Photovoltaic Technology Co Ltd

603105 · SHG · Technology / Solar

7.98CNY-0.33 (-3.97%)

Price History

Full chart

Market Stats

Previous Close8.31
Open8.27
Day Range7.95 – 8.35
52-Week Range6.40 – 14.42
Volume16.89M
Market Cap4.25B
P/E (TTM)35.42
Forward P/E0.00
EPS0.24
Dividend Yield2.35%
Beta0.20
50-Day Avg7.66
200-Day Avg9.13

About

Zhejiang Sunoren Solar Technology Co.,Ltd. engages in the investment, development, construction, operation of distributed photovoltaic power stations in China and internationally. The company operates distributed power and energy storage stations, smart electric vehicle charging stations, and energy cloud platform, as well as offers intelligent operation and maintenance services, module manufacturing services, and energy storage products. It also generates and distributes solar power. Zhejiang Sunoren Solar Technology Co.,Ltd. was incorporated in 2008 and is based in Haining, China.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Zhenhao Zhang
  • Employees372
  • HeadquartersNo. 23 Shidai Road, Haining, China, 314400, China
  • Websitehttps://www.sunorensolar.com

Leadership

  • Mr. Zhenhao ZhangGM & Director · b. 1992
  • Ms. Xuanli JinCFO & Accounting Supervisor · b. 1986
  • Mr. Jian ZhangDeputy GM & Board Secretary · b. 1974
  • Mr. Qifeng QianDeputy General Manager · b. 1981
  • Mr. Jianjun ChenDeputy General Manager · b. 1984
  • Ms. Huaying YuDeputy General Manager · b. 1978

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 Revenue379.36M869.26M1.60B1.15B936.39M384.17M387.10M426.75M445.13M649.88M686.21M688.86M738.28M
Growth (%)-+129.14%+84.40%-28.34%-18.48%-58.97%+0.76%+10.24%+4.31%+46.00%+5.59%+0.39%+7.17%
Cost of Revenue359.03M771.37M1.34B905.42M718.51M211.63M213.97M209.28M201.27M293.10M292.89M283.72M324.49M
Gross Profit20.33M97.89M260.98M243.17M217.87M172.54M173.13M217.47M243.86M356.78M393.32M405.14M413.79M
Gross Margin5.36%11.26%16.28%21.17%23.27%44.91%44.72%50.96%54.78%54.90%57.32%58.81%56.05%
Operating Expense80.45M84.27M115.95M148.01M72.02M116.59M138.15M127.80M118.15M142.81M149.08M166.74M84.36M
Operating Income-60.11M13.62M145.03M95.16M145.85M55.95M34.97M89.67M125.71M213.97M244.24M238.40M329.43M
Operating Margin-15.85%1.57%9.05%8.28%15.58%14.56%9.03%21.01%28.24%32.92%35.59%34.61%44.62%
EBITDA15.85M89.33M219.21M151.91M234.76M198.47M219.13M294.93M352.46M454.05M498.92M535.85M547.56M
EBITDA Margin4.18%10.28%13.68%13.23%25.07%51.66%56.61%69.11%79.18%69.87%72.71%77.79%74.17%
Net Income-49.95M12.76M120.36M77.71M116.38M66.16M42.12M80.89M110.01M191.46M220.16M193.59M200.76M
Net Income Margin-13.17%1.47%7.51%6.77%12.43%17.22%10.88%18.95%24.71%29.46%32.08%28.10%27.19%
R&D114.16K7.93M19.51M51.35M12.94M17.23M14.09M16.25M11.44M31.63M33.60M32.70M27.21M
R&D as % of Total Revenue0.03%0.91%1.22%4.47%1.38%4.48%3.64%3.81%2.57%4.87%4.90%4.75%3.69%
Interest Expense38.87M34.28M30.72M4.79M14.30M30.65M49.48M65.73M75.99M78.96M77.81M99.46M92.73M
Interest Expense % of Total Revenue10.25%3.94%1.92%0.42%1.53%7.98%12.78%15.40%17.07%12.15%11.34%14.44%12.56%

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 Assets590.90M756.98M1.50B1.68B2.20B2.56B2.66B2.80B3.14B3.51B4.35B4.30B4.52B
Total Liabilities621.27M779.64M1.06B781.40M1.18B1.10B1.21B1.26B1.53B1.74B2.28B2.11B2.25B
Total Equity-34.61M-25.41M444.42M899.85M1.02B1.46B1.45B1.53B1.61B1.77B2.07B2.19B2.28B
Cash6.21M25.88M416.93M345.58M309.14M307.79M170.43M68.56M113.18M253.34M684.84M388.48M394.48M
Total Debt319.29M319.98M263.16M22.35M291.49M571.83M896.65M1.07B1.28B1.39B2.01B1.69B-
Net Debt313.08M294.10M-153.77M-323.22M-17.65M264.04M726.22M1.00B1.17B1.14B1.32B1.30B1.30B

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 Flow25.98M56.16M122.02M-156.76M185.55M-120.00M219.52M256.07M378.29M572.88M359.06M388.83M402.43M
Investing Cash Flow-52.18M-46.48M-89.38M-155.21M-365.67M-671.00M-346.11M-348.41M-375.01M-477.98M-480.01M-352.36M-
Financing Cash Flow27.19M-4.57M208.49M81.28M248.60M799.89M134.98M10.15M18.76M410.32K611.86M-310.01M-
Capital Expenditure55.74M48.32M50.40M195.54M355.01M472.98M274.71M204.33M343.67M447.58M530.52M370.11M285.32M
Free Cash Flow-29.75M7.84M71.61M-352.30M-169.47M-592.98M-55.19M51.74M34.62M125.30M-171.45M18.72M117.11M
Dividends Paid37.44M25.85M22.96M2.94M12.21M30.97M50.00M64.10M25.00M35.00M60.00M120.49M136.02M
FCF to OCF-114.52%13.97%58.69%224.73%-91.33%494.14%-25.14%20.21%9.15%21.87%-47.75%4.82%29.10%
Dividend Paid to FCF-125.83%329.58%32.06%-0.83%-7.20%-5.22%-90.60%123.87%72.22%27.93%-34.99%643.51%116.15%

Earnings

Report DateSep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Apr 20, 2021Aug 24, 2021Oct 28, 2021Dec 31, 2021Apr 26, 2022Aug 15, 2022Oct 21, 2022Mar 15, 2023Apr 27, 2023
EPS Estimate-------------------
EPS Actual0.04-0.010.000.030.06-0.010.020.090.040.010.020.100.070.030.020.140.160.060.06
Surprise-------------------
Timing--------------Pre-marketAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap4.25B
Enterprise Value5.83B
Trailing P/E35.42
Forward P/E0.00
Price / Sales6.08
Price / Book1.86
EPS0.24
Book Value4.40
Revenue (TTM)698.85M
Gross Profit (TTM)352.84M
EBITDA466.68M
Profit Margin17.11%
Operating Margin31.47%
Return on Equity5.44%
Return on Assets3.35%
Shares Outstanding500.01M
Shares Float277.22M
Beta0.20
Dividend Yield2.35%
Dividend Rate0.20
Payout Ratio83.33%

Dividends

20231×
0.12Apr 20, 2023
20221×
0.07May 30, 2022
20211×
0.05May 24, 2021
20191×
0.10May 31, 2019