SHANGHAI AIKO SOLAR ENERGY CO.,LTD. Financials Shanghai Aiko Solar Energy Co.,Ltd.
Equities
600732
CNE000000LN6
Renewable Energy Equipment & Services
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.95 CNY | -4.70% |
|
-0.50% | -32.26% |
| Apr. 26 | Shanghai Aiko Solar Energy Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 19 | Maxeon Solar sues REC Solar for patent infringement | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 14,255 | 32,520 | 47,569 | 43,110 | 32,250 | 21,854 | - | - |
| Enterprise Value (EV) 1 | 14,255 | 32,520 | 47,569 | 43,110 | 32,250 | 21,854 | 21,854 | 21,854 |
| P/E ratio | 21.1 x | 38 x | -389 x | 28.2 x | 43 x | 5.36 x | 3.74 x | 9.05 x |
| Yield | - | - | - | 1.45% | - | 2.51% | 3.72% | 3.43% |
| Capitalization / Revenue | 2.35 x | 3.37 x | - | 1.23 x | 1.19 x | 0.5 x | 0.41 x | 0.47 x |
| EV / Revenue | 2.35 x | 3.37 x | - | 1.23 x | 1.19 x | 0.5 x | 0.41 x | 0.47 x |
| EV / EBITDA | - | - | - | 12.3 x | 15.8 x | 5.59 x | 3.94 x | 3.22 x |
| EV / FCF | - | - | - | - | -6.84 x | -111 x | 3.92 x | - |
| FCF Yield | - | - | - | - | -14.6% | -0.9% | 25.5% | - |
| Price to Book | - | 6.09 x | - | 5.43 x | 3.72 x | 2.27 x | 1.43 x | 1.69 x |
| Nbr of stocks (in thousands) | 2,561,844 | 2,850,861 | 2,850,861 | 1,595,824 | 1,828,203 | 1,828,811 | - | - |
| Reference price 2 | 5.564 | 11.41 | 16.69 | 27.01 | 17.64 | 11.95 | 11.95 | 11.95 |
| Announcement Date | 2/25/20 | 3/15/21 | 4/29/22 | 3/12/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,069 | 9,664 | - | 35,075 | 27,170 | 43,676 | 53,394 | 46,443 |
| EBITDA 1 | - | - | - | 3,495 | 2,042 | 3,908 | 5,540 | 6,795 |
| EBIT 1 | - | 944.6 | - | 2,488 | 710.7 | 3,899 | 5,538 | 4,273 |
| Operating Margin | - | 9.77% | - | 7.09% | 2.62% | 8.93% | 10.37% | 9.2% |
| Earnings before Tax (EBT) 1 | - | 911.3 | - | 2,473 | 699.4 | 4,066 | 5,880 | 2,843 |
| Net income 1 | - | 805.5 | -125.6 | 2,328 | 756.8 | 4,071 | 5,848 | 2,417 |
| Net margin | - | 8.33% | - | 6.64% | 2.79% | 9.32% | 10.95% | 5.2% |
| EPS 2 | 0.2643 | 0.3000 | -0.0429 | 0.9571 | 0.4100 | 2.228 | 3.195 | 1.320 |
| Free Cash Flow 1 | - | - | - | - | -4,714 | -197 | 5,578 | - |
| FCF margin | - | - | - | - | -17.35% | -0.45% | 10.45% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 100.68% | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | 95.39% | - |
| Dividend per Share 2 | - | - | - | 0.3929 | - | 0.3000 | 0.4450 | 0.4100 |
| Announcement Date | 2/25/20 | 3/15/21 | 4/29/22 | 3/12/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | -4,714 | -197 | 5,578 | - |
| ROE (net income / shareholders' equity) | - | 24.4% | - | 37.3% | 8.46% | 21.7% | 24.5% | 18.6% |
| ROA (Net income/ Total Assets) | - | 7.72% | - | 10.9% | - | 2.8% | 4.38% | 4.97% |
| Assets 1 | - | 10,433 | - | 21,295 | - | 145,393 | 133,657 | 48,632 |
| Book Value Per Share 2 | - | 1.870 | - | 4.970 | 4.750 | 5.270 | 8.390 | 7.090 |
| Cash Flow per Share 2 | - | 0.1000 | - | 2.870 | 0.8700 | 3.870 | 3.880 | 4.820 |
| Capex 1 | - | - | - | 3,975 | 6,300 | 7,771 | 5,198 | 4,124 |
| Capex / Sales | - | - | - | 11.33% | 23.19% | 17.79% | 9.73% | 8.88% |
| Announcement Date | 2/25/20 | 3/15/21 | 4/29/22 | 3/12/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
11.95
CNY
Average target price
32.24
CNY
Spread / Average Target
+169.79%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -32.26% | 3.02B | |
| -20.52% | 19.05B | |
| +2.33% | 18.87B | |
| -17.69% | 14.8B | |
| -13.30% | 13.5B | |
| -14.56% | 10.46B | |
| +44.31% | 8.07B | |
| -17.35% | 7.22B | |
| -31.37% | 6.52B | |
| +19.74% | 6.22B |
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