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GoodWe Technologies SHSE:688390 Stock Report

Last Price

CN¥43.80

Market Cap

CN¥10.6b

7D

-2.9%

1Y

-48.3%

Updated

22 Dec, 2024

Data

Company Financials +

GoodWe Technologies Co., Ltd.

SHSE:688390 Stock Report

Market Cap: CN¥10.6b

688390 Stock Overview

Engages in the research, manufacture, and sale of photovoltaic (PV) inverters and energy storage solutions in China and internationally. More details

688390 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth6/6
Past Performance0/6
Financial Health3/6
Dividends1/6

My Notes

Capture your thoughts, links and company narrative

GoodWe Technologies Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for GoodWe Technologies
Historical stock prices
Current Share PriceCN¥43.80
52 Week HighCN¥102.49
52 Week LowCN¥40.20
Beta0.48
1 Month Change-7.14%
3 Month Change6.86%
1 Year Change-48.29%
3 Year Change-68.97%
5 Year Changen/a
Change since IPO-10.97%

Recent News & Updates

These 4 Measures Indicate That GoodWe Technologies (SHSE:688390) Is Using Debt Extensively

Oct 23
These 4 Measures Indicate That GoodWe Technologies (SHSE:688390) Is Using Debt Extensively

GoodWe Technologies Co., Ltd.'s (SHSE:688390) Shares Leap 27% Yet They're Still Not Telling The Full Story

Oct 01
GoodWe Technologies Co., Ltd.'s (SHSE:688390) Shares Leap 27% Yet They're Still Not Telling The Full Story

Recent updates

These 4 Measures Indicate That GoodWe Technologies (SHSE:688390) Is Using Debt Extensively

Oct 23
These 4 Measures Indicate That GoodWe Technologies (SHSE:688390) Is Using Debt Extensively

GoodWe Technologies Co., Ltd.'s (SHSE:688390) Shares Leap 27% Yet They're Still Not Telling The Full Story

Oct 01
GoodWe Technologies Co., Ltd.'s (SHSE:688390) Shares Leap 27% Yet They're Still Not Telling The Full Story

The Returns On Capital At GoodWe Technologies (SHSE:688390) Don't Inspire Confidence

Sep 23
The Returns On Capital At GoodWe Technologies (SHSE:688390) Don't Inspire Confidence

Investors Aren't Entirely Convinced By GoodWe Technologies Co., Ltd.'s (SHSE:688390) Earnings

Aug 03
Investors Aren't Entirely Convinced By GoodWe Technologies Co., Ltd.'s (SHSE:688390) Earnings

GoodWe Technologies (SHSE:688390) Might Be Having Difficulty Using Its Capital Effectively

Jun 14
GoodWe Technologies (SHSE:688390) Might Be Having Difficulty Using Its Capital Effectively

GoodWe Technologies (SHSE:688390) Takes On Some Risk With Its Use Of Debt

May 24
GoodWe Technologies (SHSE:688390) Takes On Some Risk With Its Use Of Debt

Why GoodWe Technologies' (SHSE:688390) Soft Earnings Are Just The Beginning Of Its Problems

May 02
Why GoodWe Technologies' (SHSE:688390) Soft Earnings Are Just The Beginning Of Its Problems

GoodWe Technologies Co., Ltd.'s (SHSE:688390) Prospects Need A Boost To Lift Shares

Mar 15
GoodWe Technologies Co., Ltd.'s (SHSE:688390) Prospects Need A Boost To Lift Shares

Shareholder Returns

688390CN ElectricalCN Market
7D-2.9%-0.8%-1.2%
1Y-48.3%22.3%11.8%

Return vs Industry: 688390 underperformed the CN Electrical industry which returned 22.3% over the past year.

Return vs Market: 688390 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 688390's price volatile compared to industry and market?
688390 volatility
688390 Average Weekly Movement11.8%
Electrical Industry Average Movement9.0%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 688390's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 688390's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20103,838Min Huangwww.goodwe.com

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 rooftop, and ground utility inverters, as well as EV chargers, batteries, monitoring systems and accessories, and PV building materials. It also offers energy storage products, such as split-phase, AC-coupled retrofit, and hybrid inverters.

GoodWe Technologies Co., Ltd. Fundamentals Summary

How do GoodWe Technologies's earnings and revenue compare to its market cap?
688390 fundamental statistics
Market capCN¥10.62b
Earnings (TTM)-CN¥32.08m
Revenue (TTM)CN¥6.65b

1.6x

P/S Ratio

-331.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688390 income statement (TTM)
RevenueCN¥6.65b
Cost of RevenueCN¥5.28b
Gross ProfitCN¥1.37b
Other ExpensesCN¥1.40b
Earnings-CN¥32.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin20.57%
Net Profit Margin-0.48%
Debt/Equity Ratio52.5%

How did 688390 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

-371%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GoodWe Technologies Co., Ltd. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xinhao JiangChina International Capital Corporation Limited
Pengwei HuaCitic Securities Co., Ltd.
Zhongshu YinEverbright Securities Co. Ltd.