603105 Stock Overview
Zhejiang Sunoren Solar Technology Co.,Ltd.
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥8.90|
|52 Week High||CN¥20.55|
|52 Week Low||CN¥7.40|
|1 Month Change||-29.98%|
|3 Month Change||-31.80%|
|1 Year Change||18.51%|
|3 Year Change||-15.64%|
|5 Year Change||n/a|
|Change since IPO||27.87%|
Recent News & Updates
|603105||CN Semiconductor||CN Market|
Return vs Industry: 603105 exceeded the CN Semiconductor industry which returned 0.8% over the past year.
Return vs Market: 603105 exceeded the CN Market which returned -16.2% over the past year.
|603105 Average Weekly Movement||8.2%|
|Semiconductor Industry Average Movement||7.8%|
|Market Average Movement||7.3%|
|10% most volatile stocks in CN Market||10.2%|
|10% least volatile stocks in CN Market||5.2%|
Stable Share Price: 603105 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 603105's weekly volatility (8%) has been stable over the past year.
About the Company
Zhejiang Sunoren Solar Technology Co.,Ltd. engages in the photovoltaic industry in China. It operates commercial and household distributed power plants; offers optical storage electric car charging station; and manufactures polycrystalline and monocrystalline silicon wafers, and solar cell modules, as well as provides power plants operation and maintenance services.
Zhejiang Sunoren Solar TechnologyLtd Fundamentals Summary
|603105 fundamental statistics|
Is 603105 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|603105 income statement (TTM)|
|Cost of Revenue||CN¥218.62m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.22|
|Net Profit Margin||23.24%|
How did 603105 perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Zhejiang Sunoren Solar TechnologyLtd undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 603105 (CN¥8.9) is trading below our estimate of fair value (CN¥34.27)
Significantly Below Fair Value: 603105 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 603105 is good value based on its PE Ratio (40.3x) compared to the CN Semiconductor industry average (42.5x).
PE vs Market: 603105 is poor value based on its PE Ratio (40.3x) compared to the CN market (28.2x).
Price to Earnings Growth Ratio
PEG Ratio: 603105 is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 603105 is good value based on its PB Ratio (2.7x) compared to the CN Semiconductor industry average (4x).
How is Zhejiang Sunoren Solar TechnologyLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603105's forecast earnings growth (39.3% per year) is above the savings rate (3.3%).
Earnings vs Market: 603105's earnings (39.3% per year) are forecast to grow faster than the CN market (23% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 603105's revenue (32.9% per year) is forecast to grow faster than the CN market (17% per year).
High Growth Revenue: 603105's revenue (32.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603105's Return on Equity is forecast to be low in 3 years time (15.7%).
How has Zhejiang Sunoren Solar TechnologyLtd performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603105 has high quality earnings.
Growing Profit Margin: 603105's current net profit margins (23.2%) are higher than last year (19.6%).
Past Earnings Growth Analysis
Earnings Trend: 603105's earnings have declined by 0.7% per year over the past 5 years.
Accelerating Growth: 603105's earnings growth over the past year (34%) exceeds its 5-year average (-0.7% per year).
Earnings vs Industry: 603105 earnings growth over the past year (34%) underperformed the Semiconductor industry 67.4%.
Return on Equity
High ROE: 603105's Return on Equity (6.8%) is considered low.
How is Zhejiang Sunoren Solar TechnologyLtd's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 603105's short term assets (CN¥692.9M) exceed its short term liabilities (CN¥594.1M).
Long Term Liabilities: 603105's short term assets (CN¥692.9M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 603105's net debt to equity ratio (69%) is considered high.
Reducing Debt: 603105's debt to equity ratio has increased from 28.6% to 88.4% over the past 5 years.
Debt Coverage: 603105's debt is well covered by operating cash flow (26.7%).
Interest Coverage: 603105's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Zhejiang Sunoren Solar TechnologyLtd current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603105's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.59%).
High Dividend: 603105's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.27%).
Stability and Growth of Payments
Stable Dividend: 603105 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603105 has only been paying a dividend for 3 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.1%), 603105's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (459.9%), 603105's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Zhejiang Sunoren Solar TechnologyLtd has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zhejiang Sunoren Solar Technology Co.,Ltd.'s employee growth, exchange listings and data sources
- Name: Zhejiang Sunoren Solar Technology Co.,Ltd.
- Ticker: 603105
- Exchange: SHSE
- Founded: 2008
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: CN¥4.450b
- Shares outstanding: 500.00m
- Website: https://sunorensolar.com
Number of Employees
- Zhejiang Sunoren Solar Technology Co.,Ltd.
- No. 9 Pidu Road
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/02 00:00|
|End of Day Share Price||2022/04/29 00:00|
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.