SHSE:600732

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Shanghai Aiko Solar Energy

Executive Summary

Shanghai Aiko Solar Energy Co., Ltd. engages in the research, manufacturing, and sale of crystalline silicon solar cells. More Details


Snowflake Analysis

Exceptional growth potential with excellent balance sheet.

Share Price & News

How has Shanghai Aiko Solar Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600732 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 600732's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-8.8%

600732

0.5%

CN Real Estate

-1.2%

CN Market


1 Year Return

90.2%

600732

-10.1%

CN Real Estate

25.4%

CN Market

Return vs Industry: 600732 exceeded the CN Real Estate industry which returned -10.1% over the past year.

Return vs Market: 600732 exceeded the CN Market which returned 25.4% over the past year.


Shareholder returns

600732IndustryMarket
7 Day-8.8%0.5%-1.2%
30 Day7.2%-3.6%4.3%
90 Day24.1%-7.8%5.8%
1 Year90.2%90.2%-7.2%-10.1%27.5%25.4%
3 Year146.1%146.1%-24.5%-30.6%23.2%17.0%
5 Year184.9%184.9%-9.4%-18.9%39.0%29.5%

Long-Term Price Volatility Vs. Market

How volatile is Shanghai Aiko Solar Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shanghai Aiko Solar Energy undervalued compared to its fair value and its price relative to the market?

78.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 600732's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 600732's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 600732 is poor value based on its PE Ratio (78.3x) compared to the CN Real Estate industry average (14.5x).

PE vs Market: 600732 is poor value based on its PE Ratio (78.3x) compared to the CN market (35x).


Price to Earnings Growth Ratio

PEG Ratio: 600732 is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: 600732 is overvalued based on its PB Ratio (7.2x) compared to the CN Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Shanghai Aiko Solar Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

53.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600732's forecast earnings growth (53.9% per year) is above the savings rate (3.3%).

Earnings vs Market: 600732's earnings (53.9% per year) are forecast to grow faster than the CN market (24.3% per year).

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

Revenue vs Market: 600732's revenue (43.1% per year) is forecast to grow faster than the CN market (18.1% per year).

High Growth Revenue: 600732's revenue (43.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600732's Return on Equity is forecast to be high in 3 years time (25.8%)


Next Steps

Past Performance

How has Shanghai Aiko Solar Energy performed over the past 5 years?

59.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600732 has a high level of non-cash earnings.

Growing Profit Margin: 600732's current net profit margins (5.7%) are lower than last year (10.6%).


Past Earnings Growth Analysis

Earnings Trend: 600732 has become profitable over the past 5 years, growing earnings by 59.7% per year.

Accelerating Growth: 600732's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600732 had negative earnings growth (-21.5%) over the past year, making it difficult to compare to the Real Estate industry average (-3.3%).


Return on Equity

High ROE: 600732's Return on Equity (8.5%) is considered low.


Next Steps

Financial Health

How is Shanghai Aiko Solar Energy's financial position?


Financial Position Analysis

Short Term Liabilities: 600732's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥4.8B).

Long Term Liabilities: 600732's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.8B).


Debt to Equity History and Analysis

Debt Level: 600732's debt to equity ratio (36.9%) is considered satisfactory.

Reducing Debt: 600732's debt to equity ratio has reduced from 70.9% to 36.9% over the past 5 years.

Debt Coverage: 600732's debt is well covered by operating cash flow (29.2%).

Interest Coverage: 600732's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Shanghai Aiko Solar Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 600732's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 600732's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 600732's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 600732's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 600732 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 600732'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?

3.8yrs

Average board tenure


CEO

Shanghai Aiko Solar Energy has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Jian Zhang
Directorno dataCN¥38.00kno data
Meng Zhao Chen
Directorno datano datano data
Xudong Zhu
Directorno datano datano data
Jing Dong
Independent Directorno dataCN¥60.00kno data
Donghua Wen
Independent Directorno dataCN¥60.00kno data
Jin Jianzhong
Non-Independent Director3.75yrsno datano data
Deng Wei
Non-Independent Director3.75yrsCN¥500.00kno data
Lu Wei
Non-Independent Director3.75yrsCN¥45.00kno data
Yongjun Li
Chairmanno datano datano data
De Qing Meng
Directorno datano datano data
Lei Hu
Supervisorno datano datano data

3.8yrs

Average Tenure

45yo

Average Age

Experienced Board: 600732's board of directors are considered experienced (3.8 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 11.3%.


Top Shareholders

Company Information

Shanghai Aiko Solar Energy Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Aiko Solar Energy Co., Ltd.
  • Ticker: 600732
  • Exchange: SHSE
  • Founded: 1996
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: CN¥35.330b
  • Shares outstanding: 2.04b
  • Website: https://www.aikosolar.com

Number of Employees


Location

  • Shanghai Aiko Solar Energy Co., Ltd.
  • Xinmei Mansion
  • 20th Floor
  • Shanghai
  • 201210
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600732SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYSep 1996

Biography

Shanghai Aiko Solar Energy Co., Ltd. engages in the research, manufacturing, and sale of crystalline silicon solar cells. The company was founded in 1996 and is based in Shanghai, China.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 09:24
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.