SPI Energy
Market Cap
US$249.7m
Last Updated
2021/01/24 00:26 UTC
Data Sources
Company Financials
Executive Summary
SPI Energy Co., Ltd. provides photovoltaic solutions for business, residential, government, and utility customers and investors. More Details
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has SPI Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: SPI's weekly volatility has decreased from 176% to 14% over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
34.2%
SPI
3.2%
US Semiconductor
2.3%
US Market
1 Year Return
434.8%
SPI
52.9%
US Semiconductor
23.8%
US Market
Return vs Industry: SPI exceeded the US Semiconductor industry which returned 52.9% over the past year.
Return vs Market: SPI exceeded the US Market which returned 23.8% over the past year.
Shareholder returns
| SPI | Industry | Market | |
|---|---|---|---|
| 7 Day | 34.2% | 3.2% | 2.3% |
| 30 Day | 42.5% | 10.9% | 4.8% |
| 90 Day | 35.3% | 24.8% | 14.5% |
| 1 Year | 434.8%434.8% | 55.6%52.9% | 26.6%23.8% |
| 3 Year | 3.0%3.0% | 106.8%96.1% | 45.0%35.4% |
| 5 Year | n/a | 358.1%314.1% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is SPI Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Who Are The Largest Shareholders In SPI Energy Co Ltd (NASDAQ:SPI)?2 years ago | Simply Wall St
What's The Outlook For Loss-Making SPI Energy Co Ltd. (NASDAQ:SPI)?2 years ago | Simply Wall St
Who Owns Most Of SPI Energy Co Ltd. (NASDAQ:SPI)?Valuation
Is SPI Energy undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether SPI Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as SPI Energy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Take a look at our analysis of SPI's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore potentially undervalued companies in the Semiconductors industry.
Future Growth
How is SPI Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.6%
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 SPI Energy 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.
Next Steps
- Take a look at our analysis of SPI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Semiconductors industry.
Past Performance
How has SPI Energy performed over the past 5 years?
41.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPI is currently unprofitable.
Growing Profit Margin: SPI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPI is unprofitable, but has reduced losses over the past 5 years at a rate of 41.1% per year.
Accelerating Growth: Unable to compare SPI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPI is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (20.8%).
Return on Equity
High ROE: SPI has a negative Return on Equity (-1860.73%), as it is currently unprofitable.
Next Steps
Financial Health
How is SPI Energy's financial position?
Financial Position Analysis
Short Term Liabilities: SPI's short term assets ($57.5M) do not cover its short term liabilities ($164.7M).
Long Term Liabilities: SPI's short term assets ($57.5M) exceed its long term liabilities ($14.7M).
Debt to Equity History and Analysis
Debt Level: SPI's debt to equity ratio (29538.5%) is considered high.
Reducing Debt: SPI's debt to equity ratio has increased from 51.2% to 29538.5% 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: Insufficient data to determine if SPI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is SPI Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPI'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 SPI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Denton Peng (45 yo)
4.83yrs
Tenure
Mr. Xiaofeng Peng, also known as Denton, has been Chief Executive Officer of SPI Energy Co., Ltd. since March 25, 2016. Mr. Peng served as Chairman Emeritus and Senior Consultant of LDK Solar Co., Ltd. sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 4.83yrs | no data | 3.94% $ 9.8m | |
| COO & Director | 3.33yrs | no data | no data | |
| Senior Vice President of Finance | 0.17yr | no data | no data | |
| Chief Marketing Officer & President of SPI US Region | 3yrs | no data | no data | |
| Senior Vice President | 4.42yrs | no data | no data | |
| Senior Vice President | 4.25yrs | no data | no data | |
| VP & Finance Controller | 2.42yrs | no data | no data | |
| Vice President of Finance | 3.92yrs | no data | no data |
4.1yrs
Average Tenure
49yo
Average Age
Experienced Management: SPI's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 4.83yrs | no data | 3.94% $ 9.8m | |
| COO & Director | 3.33yrs | no data | no data | |
| Independent Director | 4.67yrs | no data | no data | |
| Independent Director | 0.83yr | no data | no data | |
| Independent Director | 3.67yrs | no data | no data |
3.7yrs
Average Tenure
55yo
Average Age
Experienced Board: SPI's board of directors are considered experienced (3.7 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 substantially diluted in the past year, with total shares outstanding growing by 52.2%.
Top Shareholders
Company Information
SPI Energy Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: SPI Energy Co., Ltd.
- Ticker: SPI
- Exchange: NasdaqGS
- Founded: NaN
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$249.656m
- Shares outstanding: 22.23m
- Website: https://www.spigroups.com
Number of Employees
Location
- SPI Energy Co., Ltd.
- Delta House
- South Wing, Unit 15-16, 19th Floor
- Sha Tin
- New Territories
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPI | NasdaqGS (Nasdaq Global Select) | Yes | New Common Stock | US | USD | Sep 2017 |
| 7XSP | DB (Deutsche Boerse AG) | Yes | New Common Stock | DE | EUR | Sep 2017 |
Biography
SPI Energy Co., Ltd. provides photovoltaic solutions for business, residential, government, and utility customers and investors. It offers engineering, procurement, and construction services to independent...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 00:26 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.