688390 Stock Overview
Jiangsu Goodwe Power Supply Technology Co., Ltd.
Jiangsu Goodwe Power Supply Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥378.00|
|52 Week High||CN¥405.84|
|52 Week Low||CN¥113.07|
|1 Month Change||8.62%|
|3 Month Change||137.31%|
|1 Year Change||6.27%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||292.00%|
Recent News & Updates
|688390||CN Electrical||CN Market|
Return vs Industry: 688390 exceeded the CN Electrical industry which returned -2.6% over the past year.
Return vs Market: 688390 exceeded the CN Market which returned -10.4% over the past year.
|688390 Average Weekly Movement||10.5%|
|Electrical Industry Average Movement||7.5%|
|Market Average Movement||6.1%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.9%|
Stable Share Price: 688390 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 688390's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
Jiangsu Goodwe Power Supply Technology Co., Ltd. focuses on the research, manufacture, and sale of PV inverters and energy storage solutions. It offers residential, commercial rooftop, ground utility, and energy storage inverters, as well as monitoring systems.
Jiangsu Goodwe Power Supply Technology Fundamentals Summary
|688390 fundamental statistics|
Is 688390 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|688390 income statement (TTM)|
|Cost of Revenue||CN¥2.03b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.78|
|Net Profit Margin||7.60%|
How did 688390 perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is 688390 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 688390?
Other financial metrics that can be useful for relative valuation.
|What is 688390's n/a Ratio?|
Price to Sales Ratio vs Peers
How does 688390's PS Ratio compare to its peers?
|688390 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
002176 Jiangxi Special Electric MotorLtd
600885 Hongfa Technology
300073 Beijing Easpring Material TechnologyLTD
300207 Sunwoda ElectronicLtd
688390 Jiangsu Goodwe Power Supply Technology
Price-To-Sales vs Peers: 688390 is expensive based on its Price-To-Sales Ratio (16.2x) compared to the peer average (5.3x).
Price to Earnings Ratio vs Industry
How does 688390's PE Ratio compare vs other companies in the CN Electrical Industry?
Price-To-Sales vs Industry: 688390 is expensive based on its Price-To-Sales Ratio (16.2x) compared to the CN Electrical industry average (3.3x)
Price to Sales Ratio vs Fair Ratio
What is 688390's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||16.2x|
|Fair PS Ratio||6.3x|
Price-To-Sales vs Fair Ratio: 688390 is expensive based on its Price-To-Sales Ratio (16.2x) compared to the estimated Fair Price-To-Sales Ratio (6.3x).
Share Price vs Fair Value
What is the Fair Price of 688390 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 688390 (CN¥378) is trading above our estimate of fair value (CN¥28.05)
Significantly Below Fair Value: 688390 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is lower than the current share price.
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How is Jiangsu Goodwe Power Supply Technology forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688390's forecast earnings growth (26.2% per year) is above the savings rate (3.2%).
Earnings vs Market: 688390's earnings (26.2% per year) are forecast to grow faster than the CN market (24.5% per year).
High Growth Earnings: 688390's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688390's revenue (31.2% per year) is forecast to grow faster than the CN market (17.8% per year).
High Growth Revenue: 688390's revenue (31.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688390's Return on Equity is forecast to be high in 3 years time (26.6%)
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How has Jiangsu Goodwe Power Supply Technology performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 688390 has a high level of non-cash earnings.
Growing Profit Margin: 688390's current net profit margins (7.6%) are lower than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: 688390's earnings have grown significantly by 26% per year over the past 5 years.
Accelerating Growth: 688390's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688390 had negative earnings growth (-25.2%) over the past year, making it difficult to compare to the Electrical industry average (-1.2%).
Return on Equity
High ROE: 688390's Return on Equity (12.7%) is considered low.
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How is Jiangsu Goodwe Power Supply Technology's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 688390's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 688390's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥58.8M).
Debt to Equity History and Analysis
Debt Level: 688390 is debt free.
Reducing Debt: 688390 had no debt 5 years ago.
Debt Coverage: 688390 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688390 has no debt, therefore coverage of interest payments is not a concern.
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What is Jiangsu Goodwe Power Supply Technology current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 688390's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.47%).
High Dividend: 688390's dividend (0.23%) is low compared to the top 25% of dividend payers in the CN market (1.93%).
Stability and Growth of Payments
Stable Dividend: 688390 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.
Growing Dividend: 688390 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: 688390 is not paying a notable dividend for the CN market.
Cash Payout to Shareholders
Cash Flow Coverage: 688390 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Jiangsu Goodwe Power Supply Technology has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jiangsu Goodwe Power Supply Technology Co., Ltd's employee growth, exchange listings and data sources
- Name: Jiangsu Goodwe Power Supply Technology Co., Ltd
- Ticker: 688390
- Exchange: SHSE
- Founded: 2010
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: CN¥46.570b
- Shares outstanding: 123.20m
- Website: https://cn.goodwe.com
Number of Employees
- Jiangsu Goodwe Power Supply Technology Co., Ltd
- No. 90 Zijin Road
- New District
- Jiangsu Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/08 00:00|
|End of Day Share Price||2022/08/08 00:00|
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.