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SolaX Power Network Technology (Zhejiang) SHSE:688717 Stock Report

Last Price

CN¥50.15

Market Cap

CN¥8.0b

7D

-7.9%

1Y

n/a

Updated

25 Dec, 2024

Data

Company Financials +

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

SHSE:688717 Stock Report

Market Cap: CN¥8.0b

My Notes

Capture your thoughts, links and company narrative

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

Price History & Performance

Summary of share price highs, lows and changes for SolaX Power Network Technology (Zhejiang)
Historical stock prices
Current Share PriceCN¥50.15
52 Week HighCN¥125.00
52 Week LowCN¥40.00
Beta0
1 Month Change-13.46%
3 Month Change-10.32%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-42.97%

Recent News & Updates

SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 11
SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Shareholders Have More To Worry About Than Only Soft Earnings

Recent updates

SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 11
SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Shareholders Have More To Worry About Than Only Soft Earnings

SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Problems Go Beyond Poor Profit

Apr 29
SolaX Power Network Technology (Zhejiang)'s (SHSE:688717) Problems Go Beyond Poor Profit

Investors Give SolaX Power Network Technology (Zhejiang) Co., Ltd. (SHSE:688717) Shares A 28% Hiding

Apr 25
Investors Give SolaX Power Network Technology (Zhejiang) Co., Ltd. (SHSE:688717) Shares A 28% Hiding

Shareholder Returns

688717CN ElectricalCN Market
7D-7.9%-0.4%-1.0%
1Yn/a23.0%10.8%

Return vs Industry: Insufficient data to determine how 688717 performed against the CN Electrical industry.

Return vs Market: Insufficient data to determine how 688717 performed against the CN Market.

Price Volatility

Is 688717's price volatile compared to industry and market?
688717 volatility
688717 Average Weekly Movement10.8%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 688717 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688717's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20102,858Xinfu Liwww.solaxpower.com.cn

SolaX Power Network Technology (Zhejiang) Co., Ltd. manufactures and sells solar inverters in China, the United Kingdom, the Netherlands, Germany, Australia, and the United States. It offers residential and commercial inverters, battery storage inverters, batteries, EV chargers, and monitoring systems.

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

How do SolaX Power Network Technology (Zhejiang)'s earnings and revenue compare to its market cap?
688717 fundamental statistics
Market capCN¥8.02b
Earnings (TTM)CN¥206.87m
Revenue (TTM)CN¥2.87b

38.8x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688717 income statement (TTM)
RevenueCN¥2.87b
Cost of RevenueCN¥1.81b
Gross ProfitCN¥1.07b
Other ExpensesCN¥858.76m
EarningsCN¥206.87m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.29
Gross Margin37.09%
Net Profit Margin7.20%
Debt/Equity Ratio0%

How did 688717 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 05:35
End of Day Share Price 2024/12/25 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

SolaX Power Network Technology (Zhejiang) Co., Ltd. is covered by 3 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
Tao ZengChina International Capital Corporation Limited
Pengwei HuaCitic Securities Co., Ltd.
Jie WuHaitong International Research Limited