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

Last Price

CN¥58.12

Market Cap

CN¥9.3b

7D

-5.7%

1Y

n/a

Updated

23 Nov, 2024

Data

Company Financials +

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

SHSE:688717 Stock Report

Market Cap: CN¥9.3b

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

Price History & Performance

Summary of all time highs, changes and price drops for SolaX Power Network Technology (Zhejiang)
Historical stock prices
Current Share PriceCN¥58.12
52 Week HighCN¥125.00
52 Week LowCN¥40.00
Beta0
11 Month Change-4.91%
3 Month Change-5.19%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO-33.90%

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-5.7%-1.7%-2.1%
1Yn/a14.0%2.8%

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 Movement12.8%
Electrical Industry Average Movement8.9%
Market Average Movement8.3%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 688717's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 688717's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20102,858n/awww.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¥9.30b
Earnings (TTM)CN¥206.87m
Revenue (TTM)CN¥2.87b

45.0x

P/E Ratio

3.2x

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