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SolaX Power Network Technology Zhejiang Co Ltd

688717:SHH

SolaX Power Network Technology Zhejiang Co Ltd

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IndustrialsElectronic and Electrical Equipment
  • Price (CNY)55.02
  • Today's Change-3.46 / -5.92%
  • Shares traded2.26m
  • 1 Year change--
  • Beta--
Data delayed at least 15 minutes, as of Sep 23 2024.
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Inc stmt in CNYIncome statement in CNYView more

Year on year SolaX Power Network Technology Zhejiang Co Ltd's revenues fell -3.01% from 4.61bn to 4.47bn. This along with an increase in selling, general and administrative costs has contributed to a reduction in net income from 1.13bn to 1.06bn, a -6.12% decrease.
Gross margin37.18%
Net profit margin7.24%
Operating margin6.44%
Return on assets3.81%
Return on equity5.73%
Return on investment5.43%
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Cash flow in CNYView more

In 2023, SolaX Power Network Technology Zhejiang Co Ltd increased its cash reserves by 283.88%, or 2.25bn. Cash Flow from Financing totalled 1.90bn or 42.54% of revenues. In addition the company generated 634.59m in cash from operations while cash used for investing totalled 359.36m.
Cash flow per share0.7584
Price/Cash flow per share77.11
Book value per share27.79
Tangible book value per share27.08
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Balance sheet in CNYView more

SolaX Power Network Technology Zhejiang Co Ltd appears to have a strong balance sheet and has grown its cash reserves consistently over the last four years to total 3.04bn. In fact, 0.32% of the value of SolaX Power Network Technology Zhejiang Co Ltd shares can be attributed to this cash.
Current ratio3.34
Quick ratio2.65
Total debt/total equity0.0777
Total debt/total capital0.0721
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Growth rates in CNY

Year on year, growth in earnings per share excluding extraordinary items dropped -6.12%.
EPS growth(5 years)--
EPS (TTM) vs
TTM 1 year ago		-89.67
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