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Jiangsu Goodwe Power Supply Technology Co Ltd

Jiangsu Goodwe Power Supply Technology Co Ltd

688390 · SHG · Industrials / Electrical Equipment & Parts

46.46CNY-2.50 (-5.11%)

Price History

Full chart

Market Stats

Previous Close48.96
Open48.50
Day Range46.29 – 49.29
52-Week Range50.81 – 159.97
Volume12.53M
Market Cap13.46B
P/E (TTM)30.42
Forward P/E0.00
EPS1.82
Dividend Yield0.00%
Beta1.15
50-Day Avg62.40
200-Day Avg86.04

About

GoodWe Technologies Co., Ltd. engages in the research, manufacture, and sale of photovoltaic (PV) inverters and energy storage solutions in China and internationally. The company provides residential, commercial and industry, utility photovoltaic, photovoltaic building solutions; residential systems; and heat pump products. It also offers residential grid-tied inverters, commercial and industry-tied inverters, utility, residential energy storage, commercial and industry energy storage products. In addition, the company provides batteries, EV chargers, software and accessories, and PV building materials. Further, it offers energy storage products, such as split-phase, AC-coupled retrofit, and hybrid inverters. GoodWe Technologies Co., Ltd. was founded in 2010 and is headquartered in Suzhou, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Min Huang
  • Employees4.97K
  • HeadquartersNo. 93, Tayuan Road, Suzhou, China, 215009, China
  • Websitehttps://www.goodwe.com

Leadership

  • Mr. Min HuangGM & Chairman of the Board · b. 1973
  • Mr. Jinli DoFinancial Director & CFO · b. 1976
  • Mr. Yinchao WangBoard Secretary & Legal Director · b. 1986
  • Mr. Qian HuGM of Guangde Subsidiary & Smart Energy Division and Director · b. 1982
  • Mr. Dong Hua PanDeputy GM & Director · b. 1987
  • Mr. Jun XiangDirector of Ground Product Line & Battery Development Department · b. 1987
  • Xiao Liang BiAccounting Supervisor
  • Mr. Wu Lei WangSupervisor & GM of Photoelectric Building Materials Division · b. 1985

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 Revenue63.15M103.56M160.64M424.68M1.05B835.45M945.35M1.59B2.68B4.71B7.35B6.74B8.89B
Growth (%)-+63.98%+55.12%+164.36%+147.29%-20.45%+13.15%+68.09%+68.53%+75.88%+56.10%-8.36%+31.88%
Cost of Revenue48.76M61.72M102.89M277.23M697.72M565.02M563.71M998.97M1.85B3.21B5.19B5.43B8.76B
Gross Profit14.39M41.84M57.76M147.45M352.47M270.43M381.64M590.11M829.38M1.50B2.16B1.31B123.67M
Gross Margin22.79%40.40%35.95%34.72%33.56%32.37%40.37%37.14%30.97%31.85%29.36%19.43%1.39%
Operating Expense25.43M40.11M51.47M94.35M267.19M210.01M260.03M288.08M532.89M805.27M1.15B1.37B0
Operating Income-11.04M1.73M6.29M53.09M85.28M60.43M121.62M302.04M296.48M695.14M1.01B-62.96M123.67M
Operating Margin-17.48%1.67%3.92%12.50%8.12%7.23%12.86%19.01%11.07%14.76%13.69%-0.93%1.39%
EBITDA-7.93M7.05M10.98M61.00M89.54M72.17M137.52M324.74M342.01M773.02M1.12B115.46M258.62M
EBITDA Margin-12.56%6.80%6.84%14.36%8.53%8.64%14.55%20.44%12.77%16.41%15.28%1.71%2.91%
Net Income-8.21M2.06M9.34M51.42M53.13M56.04M102.82M260.29M279.54M649.29M852.10M-61.81M136.06M
Net Income Margin-13.00%1.99%5.81%12.11%5.06%6.71%10.88%16.38%10.44%13.78%11.59%-0.92%1.53%
R&D---18.19M32.97M51.41M58.16M92.00M188.47M347.82M469.58M551.30M613.70M
R&D as % of Total Revenue---4.28%3.14%6.15%6.15%5.79%7.04%7.38%6.39%8.18%6.91%
Interest Expense363.37K3.26M--392.02K2.85M2.73M2.51M3.33M8.92M22.47M44.89M41.16M
Interest Expense % of Total Revenue0.58%3.15%--0.04%0.34%0.29%0.16%0.12%0.19%0.31%0.67%0.46%

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 Assets48.10M89.78M142.97M348.32M740.48M827.86M1.01B2.56B3.71B5.80B7.11B7.95B9.42B
Total Liabilities44.22M70.91M86.76M247.49M483.36M506.42M593.72M1.10B2.04B3.52B4.05B5.04B-2.86B
Total Equity3.87M18.87M53.26M100.83M257.12M321.80M418.79M1.46B1.66B2.26B2.98B2.75B2.86B
Cash225.61K17.63M52.68M188.11M271.94M334.62M342.54M1.09B1.23B1.58B1.84B1.07B1.46B
Total Debt-9.40M4.00M-87.24M70.00M41.75M361.78M20.87M97.00M133.06M2.72B-
Net Debt-225.61K-8.23M-48.68M-188.11M-184.71M-264.62M-300.79M-726.64M-1.21B-1.48B217.49M1.65B-

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 Flow4.80M-14.34M3.52M119.41M174.19M68.18M151.28M439.76M296.06M874.50M1.03B-792.97M644.64M
Investing Cash Flow-1.10M-781.87K-552.56K-11.55M-70.47M-125.01M-74.28M-728.90M50.78M-503.01M-542.68M-505.53M-
Financing Cash Flow-4.78M18.94M21.81M-4.06M-21.92M66.93M-59.99M731.81M-110.71M-51.90M-213.29M589.27M-
Capital Expenditure1.10M781.87K552.56K7.91M70.48M114.22M75.56M128.61M318.66M486.02M565.30M495.33M126.25M
Free Cash Flow3.71M-15.12M2.97M111.50M103.71M-46.04M75.71M311.15M-22.60M388.48M468.78M-1.29B518.39M
Dividends Paid246.13K458.24K302.43K64.93K56.70M3.07M29.70M1.51M105.69M105.60M197.12M129.59M35.83M
FCF to OCF77.18%105.45%84.31%93.38%59.54%-67.53%50.05%70.75%-7.63%44.42%45.33%162.46%80.41%
Dividend Paid to FCF6.64%-3.03%10.18%0.06%54.67%-6.66%39.23%0.49%-467.68%27.18%42.05%-10.06%6.91%

Earnings

Report DateOct 28, 2020Apr 28, 2021Aug 25, 2021Oct 27, 2021Mar 3, 2022Apr 25, 2022Aug 29, 2022Oct 28, 2022Dec 31, 2022Apr 26, 2023Aug 29, 2023Oct 27, 2023
EPS Estimate--------1.530.421.41-
EPS Actual0.640.570.680.500.520.080.371.781.541.381.660.87
Surprise--------0.65%228.57%17.73%-
TimingPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hours-After-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap13.46B
Enterprise Value14.03B
Trailing P/E30.42
Forward P/E0.00
Price / Sales1.22
Price / Book4.68
EPS1.82
Book Value12.75
Revenue (TTM)11.05B
Gross Profit (TTM)2.65B
EBITDA706.96M
Profit Margin3.96%
Operating Margin8.45%
Return on Equity14.20%
Return on Assets3.21%
Shares Outstanding243.12M
Shares Float145.03M
Beta1.15
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20241×
0.75Jun 12, 2024
20231×
1.14Jun 6, 2023
20221×
0.61Jun 21, 2022
20211×
0.44May 31, 2021

Stock Splits

  • Jun 12, 20241.4:1
  • Jun 6, 20231.4:1
  • Jun 21, 20221.4:1