DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Capital Goods
Updated 1m ago
688390 logo

GoodWe Technologies Co., Ltd.SHSE:688390 Stock Report

Market Cap CN¥14.4b
Updated 1m ago
Share Price
n/a
1Y9.1%
7D2.7%
1D-0.2%
Portfolio Value
​
View

GoodWe Technologies Co., Ltd.

SHSE:688390 Stock Report

Market Cap: CN¥14.4b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

GoodWe Technologies (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
Valuation5/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 55.8% below our estimate of its fair value

Earnings are forecast to grow 39.46% per year

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results


688390 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW432,867 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.
Grow your followingReal investors. The kind who actually invest, not scroll past.
Unlock free accessFree premium subscription for consistent and quality authors.
Learn moreCreate Narrative
B
BlackGoat
R
RockeTeller
I
Investingwilly
D
davidlsander
432,867 investors already sharing narratives
CN¥
Current Price
CN¥59.7826.7% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-55m23b2016201920222025202620282031Revenue CN¥22.7bEarnings CN¥900.9m
Advanced
View all narratives

GoodWe Technologies Co., Ltd. Competitors

Dongfang Electronics

Symbol: SZSE:000682
Market cap: CN¥14.4b

Zhejiang Zhaolong Interconnect TechnologyLtd

Symbol: SZSE:300913
Market cap: CN¥14.9b

Sineng ElectricLtd

Symbol: SZSE:300827
Market cap: CN¥14.3b

Zhuhai CosMX Battery

Symbol: SHSE:688772
Market cap: CN¥15.3b

Price History & Performance

Summary of share price highs, lows and changes for GoodWe Technologies
Historical stock prices
Current Share PriceCN¥59.78
52 Week HighCN¥159.97
52 Week LowCN¥50.81
Beta1.15
1 Month Change-9.71%
3 Month Change-47.19%
1 Year Change9.13%
3 Year Change-34.11%
5 Year Change-57.15%
Change since IPO21.51%

Recent News & Updates

Recent updates

Analysis Article • Jan 23

GoodWe Technologies (SHSE:688390) Is Carrying A Fair Bit Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Oct 23

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Oct 01

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

GoodWe Technologies Co., Ltd. ( SHSE:688390 ) shareholders would be excited to see that the share price has had a great...
Analysis Article • Sep 23

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Aug 03

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

It's not a stretch to say that GoodWe Technologies Co., Ltd.'s ( SHSE:688390 ) price-to-earnings (or "P/E") ratio of...
Analysis Article • Jun 14

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article • May 24

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • May 02

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

GoodWe Technologies Co., Ltd.'s ( SHSE:688390 ) stock wasn't much affected by its recent lackluster earnings numbers...
Analysis Article • Mar 15

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

With a price-to-earnings (or "P/E") ratio of 23.8x GoodWe Technologies Co., Ltd. ( SHSE:688390 ) may be sending bullish...

Shareholder Returns

688390CN ElectricalCN Market
7D2.7%-1.2%2.9%
1Y9.1%-8.3%1.4%

Return vs Industry: 688390 exceeded the CN Electrical industry which returned -8.3% over the past year.

Return vs Market: 688390 exceeded the CN Market which returned 1.4% over the past year.

Price Volatility

Is 688390's price volatile compared to industry and market?
688390 volatility
688390 Average Weekly Movement7.6%
Electrical Industry Average Movement7.5%
Market Average Movement7.0%
10% most volatile stocks in CN Market11.7%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 688390 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688390's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20104,973Min 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 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.

GoodWe Technologies Co., Ltd. Fundamentals Summary

How do GoodWe Technologies's earnings and revenue compare to its market cap?
688390 fundamental statistics
Market capCN¥14.37b
Earnings (TTM)CN¥437.98m
Revenue (TTM)CN¥11.05b
32.8x
P/E Ratio
1.3x
P/S Ratio

Is 688390 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688390 income statement (TTM)
RevenueCN¥11.05b
Cost of RevenueCN¥8.41b
Gross ProfitCN¥2.65b
Other ExpensesCN¥2.21b
EarningsCN¥437.98m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.82
Gross Margin23.95%
Net Profit Margin3.96%
Debt/Equity Ratio51.3%

How did 688390 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/22 08:34
End of Day Share Price 2026/09/22 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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.

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 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 Github.

Analyst Sources

GoodWe Technologies Co., Ltd. is covered by 6 analysts. 3 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
Wenrong XuCitic Securities Co., Ltd.
Chao JiGoldman Sachs

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide