YOLFTbeta
Solareast Holdings Co Ltd

Solareast Holdings Co Ltd

603366 · SHG · Technology / Solar

13.90CNY+0.73 (+5.54%)

Price History

Full chart

Market Stats

Previous Close13.17
Open12.77
Day Range11.86 – 14.21
52-Week Range6.19 – 13.40
Volume218.76M
Market Cap5.91B
P/E (TTM)34.62
Forward P/E0.00
EPS0.21
Dividend Yield0.62%
Beta-0.77
50-Day Avg7.17
200-Day Avg8.33

About

Solareast Holdings Co., Ltd. engages in the research and development, production, and sales of water heaters, kitchen appliances, clean energy heating, water purification, and other businesses in China and internationally. The company's water heater products comprise solar water heaters, air energy water heaters, electric water heaters, solar heating, air energy heating, gas heaters, etc.; kitchen appliances include various hood, gas stoves, integrated stoves, water purifiers, electric and gas water heaters, disinfection cabinets, steam oven, microwave oven, built-in electric ovens, dishwashers, and garbage disposers; and clean energy products, such as solar heating, air energy heating, gas wall-hung boilers, multi-energy heating products, etc. distributed photovoltaic development, etc. It offers its products under the Taiyangyu, Sijimuge, and Shuaikang brand name. The company was formerly known as Jiangsu Sunrain Solar Energy Co.,Ltd. and changed its name to Solareast Holdings Co., Ltd. The company was founded in 1997 and is based in Lianyungang, China.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Xu Chang Wan
  • Employees4.45K
  • HeadquartersHaining Industry and Trade Park, Lianyungang, China, 222243, China
  • Websitehttps://www.solareast.com

Leadership

  • Mr. Xu Chang WanGM & Director · b. 1966
  • Mr. Zhong XuFinancial Director · b. 1969
  • Mr. Qing Tai JiaoDeputy General Manager · b. 1969
  • Mr. Ya Ming ZhangDeputy General Manager · b. 1973
  • Mr. Rong Hua ChenDeputy General Manager · b. 1976
  • Ms. Ya Lin ZhuDeputy GM & Director · b. 1977
  • Mr. Fan ZhangDeputy GM & Director · b. 1977
  • Mr. Jun LiDeputy General Manager · b. 1973

Financials

Income Statement

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.54B2.50B3.09B3.36B3.09B3.05B2.59B2.35B2.78B3.18B3.37B3.54B4.21B3.90B4.84B5.08B4.09B
Growth (%)-+62.44%+23.85%+8.72%-8.22%-1.23%-14.93%-9.37%+18.38%+14.11%+5.96%+5.25%+18.71%-7.33%+24.24%+4.89%-19.53%
Cost of Revenue972.17M1.68B2.00B2.23B2.09B1.95B1.60B1.44B1.76B2.16B2.27B2.45B2.99B2.75B3.52B3.91B2.98B
Gross Profit566.25M817.74M1.09B1.14B996.52M1.10B993.30M913.07M1.02B1.02B1.09B1.09B1.22B1.14B1.32B1.17B1.10B
Gross Margin36.81%32.72%35.30%33.82%32.27%35.99%38.28%38.82%36.75%32.07%32.50%30.86%28.93%29.33%27.34%23.02%26.96%
Operating Expense367.13M648.51M655.58M703.81M750.28M825.98M703.21M630.50M937.51M1.54B997.08M882.68M991.17M858.84M1.09B914.57M1.11B
Operating Income199.12M169.24M436.97M434.02M246.24M271.80M290.09M282.57M85.59M-516.77M96.86M210.68M225.37M284.19M231.79M254.35M-8.99M
Operating Margin12.94%6.77%14.12%12.90%7.97%8.91%11.18%12.02%3.07%-16.27%2.88%5.95%5.36%7.29%4.79%5.01%-0.22%
EBITDA216.13M199.23M482.14M475.45M296.12M361.87M188.69M241.91M131.92M-15.99M170.96M232.10M163.93M143.90M155.35M52.75M368.15M
EBITDA Margin14.05%7.97%15.58%14.13%9.59%11.86%7.27%10.29%4.74%-0.50%5.08%6.55%3.90%3.69%3.21%1.04%9.01%
Net Income171.58M126.17M369.83M426.72M307.89M214.58M269.46M243.82M54.77M-491.69M82.58M170.11M212.51M259.14M208.63M212.36M174.70M
Net Income Margin11.15%5.05%11.95%12.68%9.97%7.03%10.38%10.37%1.97%-15.48%2.45%4.80%5.05%6.65%4.31%4.18%4.27%
R&D7.89M16.92M30.93M111.95M98.86M86.32M116.91M37.88M63.57M77.99M81.68M116.26M154.81M169.71M181.16M175.59M193.72M
R&D as % of Total Revenue0.51%0.68%1.00%3.33%3.20%2.83%4.51%1.61%2.28%2.46%2.43%3.28%3.68%4.35%3.74%3.46%4.74%
Interest Expense01.21M420.64K451.30K82.33M64.21M4.00M10.22M43.60M30.49M28.13M23.46M7.09M3.02M8.18M10.79M27.15M
Interest Expense % of Total Revenue0.00%0.05%0.01%0.01%2.67%2.11%0.15%0.43%1.57%0.96%0.84%0.66%0.17%0.08%0.17%0.21%0.66%

Balance Sheet

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.17B1.75B2.01B4.57B4.58B4.50B4.80B5.22B6.32B5.81B6.28B6.21B6.28B6.49B7.07B7.34B8.10B
Total Liabilities783.60M882.16M832.15M1.07B1.06B973.44M1.12B1.44B2.53B2.67B3.04B2.80B2.59B2.66B3.03B3.14B3.76B
Total Equity383.35M872.52M1.18B3.50B3.52B3.52B3.69B3.78B3.69B3.06B3.19B3.34B3.60B3.76B3.99B4.16B4.32B
Cash524.73M906.45M1.08B3.34B1.81B1.11B136.53M833.14M385.67M193.93M664.21M937.25M680.96M415.00M450.61M752.53M554.38M
Total Debt3.00M---3.00M4.35M2.48M252.96M604.65M588.97M707.32M313.14M31.28M42.81M40.43M485.80M-
Net Debt-521.73M-906.45M-1.08B-3.34B-1.81B-1.11B-134.05M-580.18M218.98M395.04M43.10M-624.11M-649.68M-372.19M-410.18M-266.73M227.84M

Cash Flow

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow486.01M315.03M383.72M597.02M308.61M120.73M499.21M199.62M99.48M-30.88M373.38M429.79M139.42M89.50M549.73M15.45M354.14M
Investing Cash Flow-97.10M-152.04M-150.03M-227.45M-1.55B-620.78M-1.37B368.62M-610.32M80.65M-81.12M345.15M38.28M-350.61M-514.55M-120.63M-
Financing Cash Flow-282.64M-59.45M1.89B-284.00M-212.00M-109.18M81.14M-20.06M-190.29M91.68M-472.01M-313.14M-61.59M-47.57M339.61M-
Capital Expenditure99.43M140.70M167.36M77.84M184.48M304.61M321.08M187.38M210.27M204.22M163.00M87.42M130.66M156.67M189.83M920.11M327.98M
Free Cash Flow386.59M174.33M216.35M519.17M124.13M-183.88M178.12M12.25M-110.78M-235.10M210.37M342.37M8.77M-67.17M359.90M-904.66M26.16M
Dividends Paid-101.94M59.45M136.41M284.00M212.00M109.22M169.14M187.48M60.13M26.55M72.57M101.82M66.23M7.00M72.85M70.93M
FCF to OCF79.54%55.34%56.38%86.96%40.22%-152.31%35.68%6.13%-111.36%761.33%56.34%79.66%6.29%-75.05%65.47%-5854.93%7.39%
Dividend Paid to FCF-58.48%27.48%26.27%228.79%-115.29%61.32%1381.21%-169.23%-25.58%12.62%21.20%1160.98%-98.60%1.95%-8.05%271.11%

Earnings

Report DateJun 30, 2012Nov 28, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Aug 15, 2014Oct 27, 2014Feb 25, 2015Apr 17, 2015Aug 28, 2015Oct 27, 2015Mar 2, 2016Apr 21, 2016Aug 21, 2016Oct 17, 2016Apr 23, 2017Aug 26, 2017Oct 26, 2017Apr 26, 2018Aug 24, 2018Oct 30, 2018Apr 23, 2019Aug 20, 2019Oct 31, 2019Apr 29, 2020Aug 27, 2020Oct 29, 2020Apr 29, 2021Aug 19, 2021Oct 28, 2021Apr 29, 2022Aug 15, 2022Oct 25, 2022Apr 25, 2023
EPS Estimate-------------------------------------
EPS Actual0.290.120.170.060.140.130.050.080.140.15-0.100.040.040.090.160.060.110.110.020.070.01-0.030.00-0.03-0.560.050.04-0.040.080.05-0.030.070.03-0.080.050.04-0.01
Surprise-------------------------------------
Timing--------Pre-marketPre-market-Pre-marketPre-marketAfter-hours-After-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hours-------After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap5.91B
Enterprise Value5.46B
Trailing P/E34.62
Forward P/E0.00
Price / Sales1.37
Price / Book1.38
EPS0.21
Book Value5.32
Revenue (TTM)4.33B
Gross Profit (TTM)1.07B
EBITDA53.03M
Profit Margin3.93%
Operating Margin6.56%
Return on Equity3.91%
Return on Assets-0.88%
Shares Outstanding813.05M
Shares Float315.60M
Beta-0.77
Dividend Yield0.62%
Dividend Rate0.05
Payout Ratio21.52%

Dividends

20221×
0.08Jun 16, 2022
20211×
0.13Jun 10, 2021
20201×
0.06Jun 19, 2020
20181×
0.04Jun 20, 2018
20171×
0.18Jun 28, 2017
20161×
0.20Jun 17, 2016
20151×
0.27May 28, 2015
20141×
0.27Apr 30, 2014
20131×
0.35Apr 26, 2013
20121×
0.17Jul 12, 2012

Stock Splits

  • May 28, 20152:1