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Hoymiles Power Electronics Inc.XSSC:688032 Stock Report

Market Cap CN¥13.3b
Share Price
CN¥108.03
My Fair Value
n/a
1Y-20.8%
7D-2.7%
Portfolio Value
View

Hoymiles Power Electronics Inc.

XSSC:688032 Stock Report

Market Cap: CN¥13.3b

Hoymiles Power Electronics (688032) Stock Overview

Engages in the manufacture and sale of module level power electronics (MLPE) solutions in China and internationally. More details

688032 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health3/6
Dividends2/6

688032 Community Fair Values

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US$9.21
22.4% undervalued intrinsic discount
Revenue growth
64.98% p.a.
Profit Margin
15%
Future PE
35x
Share price in 2030
US$14.83

Hoymiles Power Electronics Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hoymiles Power Electronics
Historical stock prices
Current Share PriceCN¥108.03
52 Week HighCN¥139.33
52 Week LowCN¥89.38
Beta0.68
1 Month Change0.92%
3 Month Change-2.06%
1 Year Change-20.76%
3 Year Changen/a
5 Year Changen/a
Change since IPO-67.94%

Recent News & Updates

Recent updates

Shareholder Returns

688032CN ElectricalCN Market
7D-2.7%-1.5%-1.5%
1Y-20.8%38.6%18.3%

Return vs Industry: 688032 underperformed the CN Electrical industry which returned 39.4% over the past year.

Return vs Market: 688032 underperformed the CN Market which returned 19.9% over the past year.

Price Volatility

Is 688032's price volatile compared to industry and market?
688032 volatility
688032 Average Weekly Movement5.0%
Electrical Industry Average Movement6.8%
Market Average Movement5.5%
10% most volatile stocks in CN Market9.3%
10% least volatile stocks in CN Market3.0%

Stable Share Price: 688032 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688032's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20121,740Bo Yangwww.hoymiles.com

Hoymiles Power Electronics Inc. engages in the manufacture and sale of module level power electronics (MLPE) solutions in China and internationally. It offers microinverters, data transfer units, energy storage, and rapid shutdown products, as well as accessories, such as single- and multi- microinverter systems. The company was founded in 2012 and is headquartered in Hangzhou, China

Hoymiles Power Electronics Inc. Fundamentals Summary

How do Hoymiles Power Electronics's earnings and revenue compare to its market cap?
688032 fundamental statistics
Market capCN¥13.28b
Earnings (TTM)CN¥39.49m
Revenue (TTM)CN¥2.05b
336.3x
P/E Ratio
6.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688032 income statement (TTM)
RevenueCN¥2.05b
Cost of RevenueCN¥1.49b
Gross ProfitCN¥561.95m
Other ExpensesCN¥522.46m
EarningsCN¥39.49m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin27.40%
Net Profit Margin1.93%
Debt/Equity Ratio16.8%

How did 688032 perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
998%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 09:16
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Hoymiles Power Electronics Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuqi ShiChina International Capital Corporation Limited
Pengwei HuaCitic Securities Co., Ltd.
Jie LinCitic Securities Co., Ltd.