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757

Solargiga Energy HoldingsSEHK:757 Stock Report

Market Cap

HK$1.7b

7D

-1.9%

1Y

295.3%

Updated

24 Sep, 2021

Data

Company Financials
757 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

757 Overview

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

Summary of all time highs, changes and price drops for Solargiga Energy Holdings
Historical stock prices
Current Share PriceHK$0.51
52 Week HighHK$0.12
52 Week LowHK$0.75
Beta1.96
1 Month Change0%
3 Month Change25.93%
1 Year Change295.35%
3 Year Change372.22%
5 Year Change209.09%
Change since IPO-82.59%

Recent News & Updates

Shareholder Returns

757HK SemiconductorHK Market
7D-1.9%0.8%-0.9%
1Y295.3%48.6%10.1%

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.

Price Volatility

Is 757's price volatile compared to industry and market?
757 volatility
757 Beta1.96
Industry Beta0.77
Market Beta1

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

FoundedEmployeesCEOWebsite
20014,224Xin Tanhttps://www.solargiga.com

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

How do Solargiga Energy Holdings's earnings and revenue compare to its market cap?
757 fundamental statistics
Market CapCN¥1.41b
Earnings (TTM)-CN¥99.82m
Revenue (TTM)CN¥6.27b

0.2x

P/S Ratio

-14.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
757 income statement (TTM)
RevenueCN¥6.27b
Cost of RevenueCN¥5.60b
Gross ProfitCN¥672.85m
ExpensesCN¥772.67m
Earnings-CN¥99.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.03
Gross Margin10.73%
Net Profit Margin-1.59%
Debt/Equity Ratio477.6%

How did 757 perform over the long term?

See historical performance and comparison

Valuation

Is Solargiga Energy Holdings undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

How is Solargiga Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

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.


Past Performance

How has Solargiga Energy Holdings performed over the past 5 years?

-19.1%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.6yrs

Average management tenure


CEO

Xin Tan (38 yo)

4.92yrs

Tenure

CN¥1,620,000

Compensation

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.


Leadership Team

Experienced Management: 757's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: 757's board of directors are considered experienced (9.8 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.7%.


Top Shareholders

Company Information

Solargiga Energy Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Solargiga Energy Holdings Limited
  • Harbour Centre
  • Room 1402
  • Wan Chai
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:38
End of Day Share Price2021/09/24 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.