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

Last Price

CN¥72.39

Market Cap

CN¥12.0b

7D

-8.4%

1Y

n/a

Updated

14 Aug, 2024

Data

Company Financials +

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

SHSE:688717 Stock Report

Market Cap: CN¥12.0b

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¥72.39
52 Week HighCN¥125.00
52 Week LowCN¥40.00
Beta0
11 Month Change26.18%
3 Month Change13.52%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO-17.67%

Recent News & Updates

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

Recent updates

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-8.4%-0.4%-0.7%
1Yn/a-21.3%-19.1%

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 Movement11.1%
Electrical Industry Average Movement6.0%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.8%

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

Volatility Over Time: 688717's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20102,243n/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¥11.98b
Earnings (TTM)CN¥595.16m
Revenue (TTM)CN¥3.18b

19.5x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688717 income statement (TTM)
RevenueCN¥3.18b
Cost of RevenueCN¥1.93b
Gross ProfitCN¥1.26b
Other ExpensesCN¥661.64m
EarningsCN¥595.16m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 31, 2024

Earnings per share (EPS)3.72
Gross Margin39.46%
Net Profit Margin18.69%
Debt/Equity Ratio0%

How did 688717 perform over the long term?

See historical performance and comparison
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