Solargiga Energy Holdings Limited, an investment holding company, engages in the manufacture, processing, and trading of polysilicon and monocrystalline silicon solar ingots and wafers in Mainland China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.51|
|52 Week High||HK$0.12|
|52 Week Low||HK$0.75|
|1 Month Change||0%|
|3 Month Change||25.93%|
|1 Year Change||295.35%|
|3 Year Change||372.22%|
|5 Year Change||209.09%|
|Change since IPO||-82.59%|
Recent News & Updates
|757||HK Semiconductor||HK Market|
Return vs Industry: 757 exceeded the Hong Kong Semiconductor industry which returned 48.6% over the past year.
Return vs Market: 757 exceeded the Hong Kong Market which returned 10.1% over the past year.
Stable Share Price: 757 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: 757's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Solargiga Energy Holdings Limited, an investment holding company, engages in the manufacture, processing, and trading of polysilicon and monocrystalline silicon solar ingots and wafers in Mainland China. The company also manufactures and trades in monocrystalline silicon solar cells and photovoltaic modules; installs photovoltaic systems; and constructs and operates photovoltaic power plants. In addition, it manufactures and trades in electronic semiconductor materials.
Solargiga Energy Holdings Fundamentals Summary
|757 fundamental statistics|
Is 757 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|757 income statement (TTM)|
|Cost of Revenue||CN¥5.60b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.03|
|Net Profit Margin||-1.59%|
How did 757 perform over the long term?See historical performance and comparison
Is Solargiga Energy Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 757 (HK$0.51) is trading below our estimate of fair value (HK$1.4)
Significantly Below Fair Value: 757 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 757 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Semiconductor industry average.
PE vs Market: 757 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 757's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 757 is overvalued based on its PB Ratio (5.5x) compared to the HK Semiconductor industry average (2.4x).
How is Solargiga Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Solargiga Energy Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Solargiga Energy Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 757 is currently unprofitable.
Growing Profit Margin: 757 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 757 is unprofitable, and losses have increased over the past 5 years at a rate of 19.1% per year.
Accelerating Growth: Unable to compare 757's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 757 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (52%).
Return on Equity
High ROE: 757 has a negative Return on Equity (-6.75%), as it is currently unprofitable.
How is Solargiga Energy Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 757's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥5.3B).
Long Term Liabilities: 757's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥492.1M).
Debt to Equity History and Analysis
Debt Level: 757's debt to equity ratio (477.6%) is considered high.
Reducing Debt: 757's debt to equity ratio has increased from 197.5% to 477.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 757 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 757 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.4% per year.
What is Solargiga Energy Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 757's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 757'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 757's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 757's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 757 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 757's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xin Tan (38 yo)
Mr. Xin Tan has been Chief Executive Officer of Solargiga Energy Holdings Ltd. since October 6, 2016. Mr. Tan served as the General Manager of the Jinzhou Plants at Solargiga Energy Holdings Ltd.He joined...
CEO Compensation Analysis
Compensation vs Market: Xin's total compensation ($USD250.81K) is about average for companies of similar size in the Hong Kong market ($USD288.99K).
Compensation vs Earnings: Xin's compensation has been consistent with company performance over the past year.
Experienced Management: 757's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: 757's board of directors are considered experienced (9.8 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.7%.
Solargiga Energy Holdings Limited's employee growth, exchange listings and data sources
- Name: Solargiga Energy Holdings Limited
- Ticker: 757
- Exchange: SEHK
- Founded: 2001
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: HK$1.695b
- Shares outstanding: 3.32b
- Website: https://www.solargiga.com
Number of Employees
- Solargiga Energy Holdings Limited
- Harbour Centre
- Room 1402
- Wan Chai
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:38|
|End of Day Share Price||2021/09/24 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.