LONGi Green Energy Technology
Market Cap
CN¥386.0b
Last Updated
2021/01/17 09:33 UTC
Data Sources
Company Financials +
Executive Summary
LONGi Green Energy Technology Co., Ltd. manufactures and sells single crystal silicon products worldwide. More Details
Snowflake Analysis
Outstanding track record with excellent balance sheet.
Similar Companies
Share Price & News
How has LONGi Green Energy Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 601012 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 601012's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of CN stocks.
Market Performance
7 Day Return
-7.3%
601012
1.4%
CN Semiconductor
-1.2%
CN Market
1 Year Return
254.4%
601012
50.7%
CN Semiconductor
25.4%
CN Market
Return vs Industry: 601012 exceeded the CN Semiconductor industry which returned 50.7% over the past year.
Return vs Market: 601012 exceeded the CN Market which returned 25.4% over the past year.
Shareholder returns
| 601012 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.3% | 1.4% | -1.2% |
| 30 Day | 31.8% | 8.9% | 4.3% |
| 90 Day | 43.1% | 15.4% | 5.8% |
| 1 Year | 257.6%254.4% | 51.2%50.7% | 27.5%25.4% |
| 3 Year | 411.7%306.3% | 137.7%128.0% | 23.2%17.0% |
| 5 Year | 1,464.6%1,130.0% | 167.8%157.9% | 39.0%29.5% |
Long-Term Price Volatility Vs. Market
How volatile is LONGi Green Energy Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is LONGi Green Energy Technology undervalued compared to its fair value and its price relative to the market?
47.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 601012 (CN¥102.35) is trading above our estimate of fair value (CN¥55.28)
Significantly Below Fair Value: 601012 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 601012 is good value based on its PE Ratio (47x) compared to the CN Semiconductor industry average (77.6x).
PE vs Market: 601012 is poor value based on its PE Ratio (47x) compared to the CN market (35x).
Price to Earnings Growth Ratio
PEG Ratio: 601012 is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: 601012 is overvalued based on its PB Ratio (11.7x) compared to the CN Semiconductor industry average (6.5x).
Next Steps
Future Growth
How is LONGi Green Energy Technology forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
19.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601012's forecast earnings growth (19.8% per year) is above the savings rate (3.3%).
Earnings vs Market: 601012's earnings (19.8% per year) are forecast to grow slower than the CN market (24.3% per year).
High Growth Earnings: 601012's earnings are forecast to grow, but not significantly.
Revenue vs Market: 601012's revenue (20.3% per year) is forecast to grow faster than the CN market (18.1% per year).
High Growth Revenue: 601012's revenue (20.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 601012's Return on Equity is forecast to be high in 3 years time (21.9%)
Next Steps
Past Performance
How has LONGi Green Energy Technology performed over the past 5 years?
40.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 601012 has high quality earnings.
Growing Profit Margin: 601012's current net profit margins (18.5%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: 601012's earnings have grown significantly by 40.8% per year over the past 5 years.
Accelerating Growth: 601012's earnings growth over the past year (86.9%) exceeds its 5-year average (40.8% per year).
Earnings vs Industry: 601012 earnings growth over the past year (86.9%) exceeded the Semiconductor industry 27.4%.
Return on Equity
High ROE: 601012's Return on Equity (24.6%) is considered high.
Next Steps
Financial Health
How is LONGi Green Energy Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 601012's short term assets (CN¥51.5B) exceed its short term liabilities (CN¥39.0B).
Long Term Liabilities: 601012's short term assets (CN¥51.5B) exceed its long term liabilities (CN¥8.5B).
Debt to Equity History and Analysis
Debt Level: 601012's debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: 601012's debt to equity ratio has increased from 13.8% to 31.2% over the past 5 years.
Debt Coverage: 601012's debt is well covered by operating cash flow (97.8%).
Interest Coverage: 601012 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is LONGi Green Energy Technology current dividend yield, its reliability and sustainability?
0.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 601012's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 601012's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (1.81%).
Stability and Growth of Payments
Stable Dividend: 601012 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601012's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.5%), 601012's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601012's dividends in 3 years are forecast to be thoroughly covered by earnings (14.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Zhenguo Li (52 yo)
no data
Tenure
Mr. Zhenguo Li serves as General Manager at LONGi Green Energy Technology Co Ltd (formerly, LONGi Green Energy Technology Co., Ltd. (formerly known as Xi'an LONGI Silicon Materials Corp.)). Mr. Li served a...
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
LONGi Green Energy Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: LONGi Green Energy Technology Co., Ltd.
- Ticker: 601012
- Exchange: SHSE
- Founded: 2000
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: CN¥386.041b
- Shares outstanding: 3.77b
- Website: https://www.longigroup.com
Number of Employees
Location
- LONGi Green Energy Technology Co., Ltd.
- No. 8989 Shangji Road
- Xi'an Economic and Technological Development Zone
- Xi'an
- Shaanxi Province
- 710100
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 601012 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Apr 2012 |
| 601012 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Apr 2012 |
Biography
LONGi Green Energy Technology Co., Ltd. manufactures and sells single crystal silicon products worldwide. It offers single crystal silicon rod; and monocrystalline silicon, battery components, distributed ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 09:33 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.