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LONGi Green Energy Technology

Market Cap

CN¥377.2b

Last Updated

2021/05/07 09:46 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

Flawless balance sheet with acceptable track record.


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 +/- 9% a week.

Volatility Over Time: 601012'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

-2.7%

601012

0.7%

CN Semiconductor

-1.1%

CN Market


1 Year Return

210.0%

601012

25.9%

CN Semiconductor

25.4%

CN Market

Return vs Industry: 601012 exceeded the CN Semiconductor industry which returned 25.9% over the past year.

Return vs Market: 601012 exceeded the CN Market which returned 25.4% over the past year.


Shareholder returns

601012IndustryMarket
7 Day-2.7%0.7%-1.1%
30 Day8.5%0.4%-0.2%
90 Day-15.6%-4.3%-2.3%
1 Year212.8%210.0%26.2%25.9%27.3%25.4%
3 Year349.6%256.9%113.5%105.3%27.9%21.9%
5 Year1,290.8%997.4%152.9%143.2%39.7%30.4%

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?

39.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 601012 (CN¥96.73) is trading above our estimate of fair value (CN¥65.36)

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 (39.6x) compared to the CN Semiconductor industry average (58.8x).

PE vs Market: 601012 is poor value based on its PE Ratio (39.6x) compared to the CN market (30.5x).


Price to Earnings Growth Ratio

PEG Ratio: 601012 is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: 601012 is overvalued based on its PB Ratio (8.7x) compared to the CN Semiconductor industry average (4.8x).


Future Growth

How is LONGi Green Energy Technology forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?

19.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601012's forecast earnings growth (19.5% per year) is above the savings rate (3.3%).

Earnings vs Market: 601012's earnings (19.5% per year) are forecast to grow slower than the CN market (21.1% per year).

High Growth Earnings: 601012's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601012's revenue (17.6% per year) is forecast to grow faster than the CN market (16.9% per year).

High Growth Revenue: 601012's revenue (17.6% per year) is forecast to grow slower 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 (23.7%)


Past Performance

How has LONGi Green Energy Technology performed over the past 5 years?

38.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 601012 has a high level of non-cash earnings.

Growing Profit Margin: 601012's current net profit margins (14.9%) are lower than last year (18.3%).


Past Earnings Growth Analysis

Earnings Trend: 601012's earnings have grown significantly by 38.6% per year over the past 5 years.

Accelerating Growth: 601012's earnings growth over the past year (40.7%) exceeds its 5-year average (38.6% per year).

Earnings vs Industry: 601012 earnings growth over the past year (40.7%) underperformed the Semiconductor industry 59.6%.


Return on Equity

High ROE: 601012's Return on Equity (22%) is considered high.


Financial Health

How is LONGi Green Energy Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 601012's short term assets (CN¥57.4B) exceed its short term liabilities (CN¥44.6B).

Long Term Liabilities: 601012's short term assets (CN¥57.4B) exceed its long term liabilities (CN¥6.7B).


Debt to Equity History and Analysis

Debt Level: 601012's debt to equity ratio (10.8%) is considered satisfactory.

Reducing Debt: 601012's debt to equity ratio has reduced from 26.3% to 10.8% over the past 5 years.

Debt Coverage: 601012's debt is well covered by operating cash flow (218.1%).

Interest Coverage: 601012 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is LONGi Green Energy Technology current dividend yield, its reliability and sustainability?

0.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 601012's dividend (0.52%) is higher than the bottom 25% of dividend payers in the CN market (0.46%).

High Dividend: 601012's dividend (0.52%) is low compared to the top 25% of dividend payers in the CN market (1.86%).


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 (17.6%), 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 well covered by earnings (16.6% 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¥377.177b
  • 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


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 09:46
End of Day Share Price2021/05/07 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.