6010

LONGi Green Energy TechnologySHSE:601012 Stock Report

Market Cap

CN¥434.1b

7D

-4.3%

1Y

55.8%

Updated

18 Sep, 2021

Data

Company Financials +
601012 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends0/6

601012 Overview

LONGi Green Energy Technology Co., Ltd. manufactures and sells photovoltaic products and solutions worldwide.

LONGi Green Energy Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for LONGi Green Energy Technology
Historical stock prices
Current Share PriceCN¥80.20
52 Week HighCN¥44.29
52 Week LowCN¥98.58
Beta1.34
1 Month Change-0.24%
3 Month Change5.40%
1 Year Change55.84%
3 Year Change775.14%
5 Year Change1,024.41%
Change since IPO4,197.92%

Recent News & Updates

Shareholder Returns

601012CN SemiconductorCN Market
7D-4.3%-6.9%-2.4%
1Y55.8%36.4%9.2%

Return vs Industry: 601012 exceeded the CN Semiconductor industry which returned 36.4% over the past year.

Return vs Market: 601012 exceeded the CN Market which returned 9.2% over the past year.

Price Volatility

Is 601012's price volatile compared to industry and market?
601012 volatility
601012 Beta1.34
Industry Beta0.73
Market Beta1

Stable Share Price: 601012 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 601012's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200046,631Zhenguo Lihttps://www.longigroup.com

LONGi Green Energy Technology Co., Ltd. manufactures and sells photovoltaic products and solutions worldwide. It offers mono ingots, monocrystalline silicon wafers, monocrystalline silicon cells and modules, distributed power stations, and ground power system solutions.

Valuation

Is LONGi Green Energy Technology undervalued compared to its fair value and its price relative to the market?

25.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 601012 (CN¥80.2) is trading below our estimate of fair value (CN¥107.55)

Significantly Below Fair Value: 601012 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 601012 is good value based on its PE Ratio (46x) compared to the CN Semiconductor industry average (75.9x).

PE vs Market: 601012 is poor value based on its PE Ratio (46x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: 601012 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: 601012 is overvalued based on its PB Ratio (10x) compared to the CN Semiconductor industry average (6.9x).


Future Growth

How is LONGi Green Energy Technology forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?

21.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601012's forecast earnings growth (21.1% per year) is above the savings rate (3.3%).

Earnings vs Market: 601012's earnings (21.1% per year) are forecast to grow slower than the CN market (22.7% per year).

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

Revenue vs Market: 601012's revenue (16.8% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 601012's revenue (16.8% 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 (25.5%)


Past Performance

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

37.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 601012 has high quality earnings.

Growing Profit Margin: 601012's current net profit margins (13.6%) are lower than last year (19%).


Past Earnings Growth Analysis

Earnings Trend: 601012's earnings have grown significantly by 37.2% per year over the past 5 years.

Accelerating Growth: 601012's earnings growth over the past year (27.7%) is below its 5-year average (37.2% per year).

Earnings vs Industry: 601012 earnings growth over the past year (27.7%) underperformed the Semiconductor industry 72.1%.


Return on Equity

High ROE: 601012's Return on Equity (21.7%) 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¥58.7B) exceed its short term liabilities (CN¥46.4B).

Long Term Liabilities: 601012's short term assets (CN¥58.7B) exceed its long term liabilities (CN¥7.2B).


Debt to Equity History and Analysis

Debt Level: 601012's debt to equity ratio (11.9%) is considered satisfactory.

Reducing Debt: 601012's debt to equity ratio has reduced from 24% to 11.9% over the past 5 years.

Debt Coverage: 601012's debt is well covered by operating cash flow (221.6%).

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?

0.50%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 601012's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 601012'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 601012's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 601012's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 601012 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 601012'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?

CN¥3m

CEO Compensation


CEO

Zhenguo Li (53 yo)

no data

Tenure

CN¥2,776,300

Compensation

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 been diluted in the past year, with total shares outstanding growing by 2.5%.


Top Shareholders

Company Information

LONGi Green Energy Technology Co., Ltd.'s 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¥434.119b
  • Shares outstanding: 5.41b
  • Website: https://www.longigroup.com

Number of Employees


Location

  • LONGi Green Energy Technology Co., Ltd.
  • No. 8369 Shangyuan Road
  • Eco & Tech Development Zone
  • Xi'an
  • Shaanxi Province
  • 710018
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 09:02
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.