Xinyi Solar Holdings Ltd 00968

Morningstar Rating
HK$4.06 −0.43 (9.58%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

00968 is trading at a 354% premium.
Price
HK$4.47
Fair Value
HK$2.17
Uncertainty
Very High
1-Star Price
HK$5.61
5-Star Price
HK$7.21
Economic Moat
Pfxpb
Capital Allocation

News

Trading Information

Previous Close Price
HK$4.49
Day Range
HK$3.974.65
52-Week Range
HK$2.736.82
Bid/Ask
HK$4.05 / HK$4.06
Market Cap
HK$36.18 Bil
Volume/Avg
105.0 Mil / 44.4 Mil

Key Statistics

Price/Earnings (Normalized)
8.34
Price/Sales
1.47
Dividend Yield (Trailing)
5.57%
Dividend Yield (Forward)
4.45%
Total Yield
5.57%

Company Profile

Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.
Sector
Technology
Industry
Solar
Stock Style Box
Large Core
Total Number of Employees
12,638

Comparables

Valuation

Metric
00968
03800
002459
Price/Earnings (Normalized)
8.345.5723.19
Price/Book Value
1.260.901.38
Price/Sales
1.471.700.58
Price/Cash Flow
8.244.66
Price/Earnings
00968
03800
002459

Financial Strength

Metric
00968
03800
002459
Quick Ratio
0.930.970.71
Current Ratio
1.161.361.14
Interest Coverage
14.69−10.001.57
Quick Ratio
00968
03800
002459

Profitability

Metric
00968
03800
002459
Return on Assets (Normalized)
8.86%−2.00%1.11%
Return on Equity (Normalized)
16.80%−3.96%3.47%
Return on Invested Capital (Normalized)
11.59%−2.26%2.60%
Return on Assets
00968
03800
002459

Solar Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
First Solar Inc
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NEXTracker Inc Ordinary Shares - Class A
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Xinyi Solar Holdings Ltd
XNYIF
Hwj$5.1 Bil
Xinyi Solar Holdings Ltd ADR
XISHY
Qtjs$5.1 Bil
GCL Technology Holdings Ltd
GCPEF
Qtwn$5.1 Bil
Sunrun Inc
RUN
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JinkoSolar Holding Co Ltd DR
JKS
Lmtr$1.3 Bil
SolarEdge Technologies Inc
SEDG
DwpjssjGmcr$1.2 Bil
Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS
DtvrdslnfFbxct$854.9 Mil

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