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Market Cap

CN¥119.0b

Last Updated

2021/05/16 09:25 UTC

Data Sources

Company Financials +

Executive Summary

Sungrow Power Supply Co., Ltd. researches, develops, produces, sells, and services solar, wind, and other energy storage equipment in China. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


Similar Companies

Share Price & News

How has Sungrow Power Supply's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300274 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 300274's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-0.9%

300274

-0.05%

CN Electrical

2.3%

CN Market


1 Year Return

676.6%

300274

49.6%

CN Electrical

25.3%

CN Market

Return vs Industry: 300274 exceeded the CN Electrical industry which returned 49.6% over the past year.

Return vs Market: 300274 exceeded the CN Market which returned 25.3% over the past year.


Shareholder returns

300274IndustryMarket
7 Day-0.9%-0.05%2.3%
30 Day23.7%4.1%3.4%
90 Day-31.4%-7.8%-6.3%
1 Year679.7%676.6%50.9%49.6%27.2%25.3%
3 Year393.4%384.6%25.5%21.0%29.1%23.0%
5 Year636.4%617.0%13.5%7.8%40.1%30.9%

Long-Term Price Volatility Vs. Market

How volatile is Sungrow Power Supply's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sungrow Power Supply undervalued compared to its fair value and its price relative to the market?

54.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 300274 (CN¥81.7) is trading above our estimate of fair value (CN¥79.05)

Significantly Below Fair Value: 300274 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300274 is poor value based on its PE Ratio (54.5x) compared to the CN Electrical industry average (30x).

PE vs Market: 300274 is poor value based on its PE Ratio (54.5x) compared to the CN market (30.7x).


Price to Earnings Growth Ratio

PEG Ratio: 300274 is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: 300274 is overvalued based on its PB Ratio (11x) compared to the CN Electrical industry average (2.6x).


Future Growth

How is Sungrow Power Supply forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

29.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300274's forecast earnings growth (29.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 300274's earnings (29.4% per year) are forecast to grow faster than the CN market (21% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 300274's revenue (22.5% per year) is forecast to grow faster than the CN market (16.9% per year).

High Growth Revenue: 300274's revenue (22.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300274's Return on Equity is forecast to be high in 3 years time (24.3%)


Past Performance

How has Sungrow Power Supply performed over the past 5 years?

23.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300274 has a high level of non-cash earnings.

Growing Profit Margin: 300274's current net profit margins (10.5%) are higher than last year (7%).


Past Earnings Growth Analysis

Earnings Trend: 300274's earnings have grown significantly by 23.2% per year over the past 5 years.

Accelerating Growth: 300274's earnings growth over the past year (147.7%) exceeds its 5-year average (23.2% per year).

Earnings vs Industry: 300274 earnings growth over the past year (147.7%) exceeded the Electrical industry 32.8%.


Return on Equity

High ROE: 300274's Return on Equity (19.5%) is considered low.


Financial Health

How is Sungrow Power Supply's financial position?


Financial Position Analysis

Short Term Liabilities: 300274's short term assets (CN¥23.4B) exceed its short term liabilities (CN¥15.4B).

Long Term Liabilities: 300274's short term assets (CN¥23.4B) exceed its long term liabilities (CN¥1.9B).


Debt to Equity History and Analysis

Debt Level: 300274's debt to equity ratio (21.4%) is considered satisfactory.

Reducing Debt: 300274's debt to equity ratio has reduced from 24.8% to 21.4% over the past 5 years.

Debt Coverage: 300274's debt is well covered by operating cash flow (63.9%).

Interest Coverage: 300274 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sungrow Power Supply current dividend yield, its reliability and sustainability?

0.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300274's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 300274's dividend (0.17%) is low compared to the top 25% of dividend payers in the CN market (1.86%).


Stability and Growth of Payments

Stable Dividend: 300274 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 300274 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 300274 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 300274's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average board tenure


CEO

Sungrow Power Supply has no CEO, or we have no data on them.


Board Members

Experienced Board: 300274's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sungrow Power Supply Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sungrow Power Supply Co., Ltd.
  • Ticker: 300274
  • Exchange: SZSE
  • Founded: 1997
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: CN¥119.032b
  • Shares outstanding: 1.46b
  • Website: https://www.sungrowpower.com

Number of Employees


Location

  • Sungrow Power Supply Co., Ltd.
  • No.1699, Xiyou Road
  • New & High Tech Zone
  • Hefei
  • Anhui Province
  • 230088
  • China

Listings


Biography

Sungrow Power Supply Co., Ltd. researches, develops, produces, sells, and services solar, wind, and other energy storage equipment in China. The company offers photovoltaic inverters, such as concentrated,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 09:25
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.