New Risk • Apr 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.0% net profit margin). Announcement • Apr 29
SolaX Power Network Technology (Zhejiang) Co., Ltd., Annual General Meeting, May 19, 2026 SolaX Power Network Technology (Zhejiang) Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: No. 278, Shizhu Road, Chengnan Subdistrict, Tonglu County, Hangzhou, Zhejiang China Reported Earnings • Apr 29
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: CN¥0.76 (down from CN¥1.27 in FY 2024). Revenue: CN¥4.08b (up 33% from FY 2024). Net income: CN¥120.9m (down 41% from FY 2024). Profit margin: 3.0% (down from 6.6% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 66%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Announcement • Mar 30
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 20
New major risk - Revenue and earnings growth Earnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 130% Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin). Reported Earnings • Mar 05
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: CN¥0.72 (down from CN¥1.27 in FY 2024). Revenue: CN¥4.08b (up 33% from FY 2024). Net income: CN¥115.7m (down 43% from FY 2024). Profit margin: 2.8% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 68%. Price Target Changed • Jan 30
Price target increased by 7.8% to CN¥80.00 Up from CN¥74.24, the current price target is provided by 1 analyst. New target price is 19% below last closing price of CN¥99.20. Stock is up 117% over the past year. The company is forecast to post earnings per share of CN¥2.23 for next year compared to CN¥1.27 last year. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥87.12, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 27x in the Electrical industry in China. Total returns to shareholders of 86% over the past year. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥72.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 55% over the past year. Announcement • Dec 26
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: CN¥0.053 (vs CN¥0.36 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.053 (down from CN¥0.36 in 3Q 2024). Revenue: CN¥1.22b (up 48% from 3Q 2024). Net income: CN¥8.55m (down 85% from 3Q 2024). Profit margin: 0.7% (down from 7.0% in 3Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥72.03, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Electrical industry in China. Total returns to shareholders of 24% over the past year. Announcement • Sep 30
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 06
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. New Risk • Sep 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥78.46, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Electrical industry in China. Total returns to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥71.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electrical industry in China. Total returns to shareholders of 1.8% over the past year. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥59.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Electrical industry in China. Total returns to shareholders of 49% over the past year. Announcement • Jun 30
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • May 15
Solax Power Introduces Solaxcloud Security Strategy SolaX Power is at the forefront of this challenge with the introduction of its SolaXCloud Security Strategy. This comprehensive approach not only focuses on ensuring the security of data but also aligns with the NIS2 Directive, a key regulation that strengthens cybersecurity across the EU, particularly in critical infrastructure sectors such as energy. As energy systems become increasingly interconnected, the risk of cyber threats rises. vulnerabilities in energy management platforms can have far-reaching consequences, from compromising personal data to destabilizing the grid itself. With SolaXCloud, SolaX Power has developed a robust cybersecurity framework that prioritizes both data protection and system integrity, safeguarding the platform's users against these emerging risks. SolaXCloud has been meticulously designed to meet the stringent requirements of the NIS2 Directive, ensuring that the platform aligns with EU standards for cybersecurity and critical infrastructure protection. As part of the EU's ongoing effort to enhance cybersecurity resilience, the NIS2 Directive emphasizes the need for robust, proactive cybersecurity measures across industries that rely on interconnected technologies, including the energy sector. In addition, by adhering to the requirements of international data security and privacy protection regulations such as ISO/IEC 27001 Information Security Management System, GDPR (General Data Protection Regulation), PSTI (Product Security and Telecommunications Infrastructure Regulations), and CCPA (California Consumer Privacy Act), SolaXCloud actively adopts industry best practices to ensure the security, compliance, and reliability of the platform. SolaX's SolaXCloud security framework is built upon three critical pillars: compliance, technology, and ecosystem collaboration. These pillars ensure that the platform remains secure and resilient in the face of evolving cyber threats. Utilizing a Zero Trust Architecture, SolaXCloud applies end-to-end encryption, multi-level access control, and intrusion detection systems (IDS/IPS) to provide robust protection against external and internal threats. The platform's security technology integrates Web Application Firewalls (WAF) and DDoS protection to safeguard against cyber-attacks, ensuring uninterrupted service and protecting user data. SolaX Power collaborates with cybersecurity organizations to share threat intelligence and promote the continuous development of energy IoT security standards. By fostering an open ecosystem, SolaX ensures that SolaXCloud evolves alongside the latest security advancements and remains agile in addressing new and emerging threats. The SolaXCloud platform is validated by several prestigious certifications, confirming its commitment to delivering a secure, compliant, and resilient energy management platform: ISO 27001 - Information Security Management System; SOC 2 - Service Organization Control for data privacy and integrity; ETSI EN 303 645 - Cybersecurity standard for consumer IoT devices; PSTI Compliance - UK's Product Safety and Telecommunications Infrastructure regulation. These certifications attest to SolaXCloud's exceptional security capabilities, demonstrating that the platform follows to international best practices for safeguarding critical data and infrastructure. Fostering Transparency and Building Trust: SolaX Power believes that transparency is key to building long-lasting trust with customers. The SolaXCloud Security White Paper outlines the platform's commitment to security through a clear, comprehensive framework. By providing users with detailed security guidelines, including best practices for data protection and threat prevention, SolaX empowers its customers to protect their own systems while ensuring that SolaXCloud remains a trusted partner in their energy management journey. Buy Or Sell Opportunity • May 13
Now 20% undervalued Over the last 90 days, the stock has risen 18% to CN¥53.96. The fair value is estimated to be CN¥67.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 70%. Revenue is forecast to grow by 42% in a year. Earnings are forecast to grow by 119% in the next year. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥54.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥67.99 per share. Price Target Changed • May 02
Price target decreased by 7.8% to CN¥68.43 Down from CN¥74.24, the current price target is an average from 3 analysts. New target price is 50% above last closing price of CN¥45.60. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥2.53 for next year compared to CN¥1.28 last year. Reported Earnings • Apr 29
First quarter 2025 earnings released: EPS: CN¥0.29 (vs CN¥0.21 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.29 (up from CN¥0.21 in 1Q 2024). Revenue: CN¥798.7m (up 17% from 1Q 2024). Net income: CN¥45.9m (up 35% from 1Q 2024). Profit margin: 5.8% (up from 5.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in China. Announcement • Apr 29
SolaX Power Network Technology (Zhejiang) Co., Ltd., Annual General Meeting, May 19, 2025 SolaX Power Network Technology (Zhejiang) Co., Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥42.69, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 42% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥72.54 per share. Announcement • Mar 28
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Buy Or Sell Opportunity • Mar 28
Now 21% undervalued Over the last 90 days, the stock has risen 15% to CN¥55.51. The fair value is estimated to be CN¥70.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 92% in 2 years. Earnings are forecast to grow by 271% in the next 2 years. New Risk • Mar 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (6.7% net profit margin). Reported Earnings • Mar 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.28 (down from CN¥8.87 in FY 2023). Revenue: CN¥3.07b (down 31% from FY 2023). Net income: CN¥205.6m (down 81% from FY 2023). Profit margin: 6.7% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in China. Buy Or Sell Opportunity • Feb 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to CN¥47.55. The fair value is estimated to be CN¥59.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 3.6%. Revenue is forecast to grow by 94% in 2 years. Earnings are forecast to grow by 237% in the next 2 years. Announcement • Jan 15
SolaX Unveils TRENE Liquid-Cooling Energy Storage System SolaX introduced the TRENE Liquid-Cooling Energy Storage System, a solution that combines 125kW of power output with a high-capacity 261kWh energy reserve, powered by 314Ah LFP battery technology. Designed for commercial and industrial applications, the TRENE 125kW/261kWh ESS merges innovation and durable engineering, delivering a reliable, scalable energy solution to meet demanding requirements. Unmatched Versatile Across Applications: The TRENE ESS excels in diverse applications, from powering manufacturing facilities and logistics centers to supporting renewable energy systems and microgrids. Its IP67-rated PCS and enclosure ensure durability, while the liquid cooling system maintains precise temperature control (=3°C) for optimal performance in extreme conditions. Key Features That Raise the Bar in Energy Storage: Unparalleled Safety and Reliability: Safety is paramount, with the TRENE 125kW /261kWh Commercial and Industrial Cabinet offering a 4-level fire protection system: level thermal runaway detection and prevention, providing a proactive approach to fire hazards; Fusible MSD technology, which disconnects high voltage during maintenance for added protection; Aerosol and water spray fire suppression systems, containing and extinguishing potential fires instantly; A compartmentalized design that prevents fire spread and delivers up to 1.5 hours of fire resistance, protecting critical system components. Scalable for Growing Energy Demands: The TRENE ESS grows with business, featuring five battery packs per cabinet for a 261kWh capacity. For larger enterprises, it is scalable up to 1250kW/2610kWh with 10 cabinets, ensuring the flexibility to meet evolving energy needs. AI-Powered Energy Management: The AI-driven energy management system optimizes performance and reduces costs. The SolaXCloud Platform provides real-time updates every 10 seconds and one-year local storage, accessible via cloud or app. Using AI technology, the system analyzes and adapts energy usage patterns, increasing dispatch revenue by up to 10%. Features like Time-of-Use pricing and intelligent scheduling maximize efficiency and minimize costs. Compact, Cost-Effective Design: A compact design minimizes space requirements and reduces shipping, installation, and operational costs. Its 3P4W architecture supports flexible load adjustments and ensures optimal power distribution for diverse business needs. Powering a Greener Future: SolaX is committed to advancing the global energy transition through innovation and excellence. The TRENE Liquid-Cooling Energy Storage System empowers businesses with a reliable, scalable, and intelligent energy storage solution, paving the way for a sustainable future. Buy Or Sell Opportunity • Jan 09
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to CN¥47.73. The fair value is estimated to be CN¥62.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 3.6%. Revenue is forecast to grow by 94% in 2 years. Earnings are forecast to grow by 237% in the next 2 years. Announcement • Dec 27
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Buy Or Sell Opportunity • Dec 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to CN¥50.15. The fair value is estimated to be CN¥63.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 3.6%. Revenue is forecast to grow by 94% in 2 years. Earnings are forecast to grow by 236% in the next 2 years. Major Estimate Revision • Nov 16
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.88b to CN¥3.55b. EPS estimate also fell from CN¥2.17 per share to CN¥1.83 per share. Net income forecast to grow 120% next year vs 42% growth forecast for Electrical industry in China. Consensus price target down from CN¥74.24 to CN¥71.91. Share price was steady at CN¥61.62 over the past week. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥59.25, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electrical industry in China. Announcement • Sep 30
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to CN¥73.71, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Electrical industry in China. New Risk • Aug 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.2% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (7.2% net profit margin). Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.36 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.43 (up from CN¥0.36 in 2Q 2023). Revenue: CN¥899.3m (up 48% from 2Q 2023). Net income: CN¥69.0m (up 61% from 2Q 2023). Profit margin: 7.7% (up from 7.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥58.77, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Electrical industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.75 per share. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥49.95, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Electrical industry in China. Announcement • Jun 28
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥49.60, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Electrical industry in China. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥65.66, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 33x in the Electrical industry in China. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥56.52, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 30x in the Electrical industry in China. Announcement • Apr 23
SolaX Power Network Technology (Zhejiang) Co., Ltd., Annual General Meeting, May 13, 2024 SolaX Power Network Technology (Zhejiang) Co., Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time. Location: No. 278, Shizhu Road, Chengnan Subdistrict, Tonglu County, Hangzhou, Zhejiang China Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: CN¥8.87 (vs CN¥9.45 in FY 2022) Full year 2023 results: EPS: CN¥8.87 (down from CN¥9.45 in FY 2022). Revenue: CN¥4.47b (down 3.0% from FY 2022). Net income: CN¥1.06b (down 6.1% from FY 2022). Profit margin: 24% (in line with FY 2022). Announcement • Mar 31
SolaX Power Network Technology (Zhejiang) Co., Ltd. to Report Q1, 2024 Results on Apr 22, 2024 SolaX Power Network Technology (Zhejiang) Co., Ltd. announced that they will report Q1, 2024 results on Apr 22, 2024 Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥79.30, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 29x in the Electrical industry in China. 