SolaX Power Network Technology (Zhejiang) Co., Ltd.

688717 · SHG · Technology / Solar

36.58CNY-1.55 (-4.07%)

Price History

Full chart

Market Stats

Previous Close38.13

Open37.98

Day Range36.32 – 38.33

52-Week Range33.46 – 157.13

Volume5.87M

Market Cap6.27B

P/E (TTM)0.00

Forward P/E0.00

EPS-0.56

Dividend Yield4.78%

50-Day Avg40.78

200-Day Avg81.80

About

SolaX Power Network Technology (Zhejiang) Co., Ltd. provides photovoltaic energy storage solution in China and internationally. It offers residential, commercial and industrial energy storage inverters, batteries, all-in-one ESS, and string inverters; EV chargers; ESS and battery accessories; smart charging piles; data collection controllers; data monitoring modules; microinverters; and heat pumps. The company also provides solutions for residential, commercial and industrial, utility-scale plant, and microinverter solutions, as well as smart energy management solutions. SolaX Power Network Technology (Zhejiang) Co., Ltd. was founded in 2012 and is based in Hangzhou, China.

Company Details

SectorTechnology
IndustrySolar
CEOMr. Xinfu Li
Employees3.36K
HeadquartersLotus Business Center North Building, Hangzhou, China, 310063, China
Websitehttps://www.solaxpower.com.cn

Leadership

Mr. Xinfu LiChairman of the Board & GM · b. 1966
Mr. Qiang YanCFO & Director · b. 1977
Mr. Jianfu ShengSecretary · b. 1974
Yao Dong WuAccounting Supervisor

Financials

Income Statement

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	4.61B	4.47B	3.07B	4.08B
Growth (%)	-	-3.01%	-31.30%	+32.84%
Cost of Revenue	2.81B	2.75B	1.90B	2.78B
Gross Profit	1.80B	1.72B	1.17B	1.30B
Gross Margin	39.01%	38.50%	38.12%	31.96%
Operating Expense	502.41M	649.01M	953.21M	1.35B
Operating Income	1.30B	1.07B	218.30M	-41.74M
Operating Margin	28.11%	23.99%	7.10%	-1.02%
EBITDA	1.33B	1.27B	265.25M	168.57M
EBITDA Margin	28.89%	28.31%	8.63%	4.13%
Net Income	1.13B	1.06B	203.60M	120.92M
Net Income Margin	24.59%	23.80%	6.63%	2.96%
R&D	150.86M	274.93M	481.14M	607.84M
R&D as % of Total Revenue	3.27%	6.15%	15.66%	14.89%
Interest Expense	5.62M	3.31M	3.00M	2.05M
Interest Expense % of Total Revenue	0.12%	0.07%	0.10%	0.05%

Balance Sheet

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	3.23B	5.36B	6.14B	7.15B
Total Liabilities	1.95B	1.01B	1.74B	2.78B
Total Equity	1.28B	4.34B	4.40B	4.37B
Cash	791.33M	3.04B	3.18B	3.00B

Cash Flow

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	896.97M	634.59M	753.73M	336.93M
Capital Expenditure	248.71M	359.38M	408.92M	450.35M
Free Cash Flow	648.26M	275.21M	344.81M	-113.42M
Dividends Paid	5.28M	838.71K	150.00M	150.00M
FCF to OCF	72.27%	43.37%	45.75%	-33.66%
Dividend Paid to FCF	0.81%	0.30%	43.50%	-132.25%

Key Statistics & Ratios

Market Cap6.27B

Enterprise Value3.60B

Trailing P/E0.00

Forward P/E0.00

Price / Sales1.08

Price / Book1.46

EPS-0.56

Book Value27.41

Revenue (TTM)5.79B

Gross Profit (TTM)1.55B

EBITDA142.09M

Profit Margin-1.55%

Operating Margin9.30%

Return on Equity-2.03%

Return on Assets0.23%

Shares Outstanding160.00M

Shares Float99.39M

Dividend Yield4.78%

Dividend Rate1.88

Payout Ratio105.34%