Vertically integrated solar cell and module manufacturer, expanding into BESS, inverters and transformers.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 25 | 25 | 26 | 26 | 26 | 45 | 45 | 45 |
| Reserves | 165 | 210 | 413 | 428 | 440 | 1.8k | 1.8k | 1.9k |
| Borrowings | 59 | 72 | 33 | 78 | 31 | 8 | 18 | 608 |
| Other Liabilities | 269 | 333 | 306 | 247 | 344 | 301 | 312 | 303 |
| Total Liabilities | 518 | 639 | 778 | 779 | 841 | 2.1k | 2.2k | 2.8k |
| AssetsFixed Assets | 100 | 97 | 97 | 88 | 85 | 68 | 79 | 75 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 52 | 95 | 228 | 307 | 345 | 1.4k | 1.6k | 2.0k |
| Other Assets | 366 | 447 | 454 | 384 | 411 | 678 | 512 | 727 |
| Total Assets | 518 | 639 | 778 | 779 | 841 | 2.1k | 2.2k | 2.8k |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 25 | 74 | 52 | -8 | 114 | 50 | 70 |
| Cash from Investing | -36 | -74 | -136 | -52 | -17 | -1.1k | -763 |
| Cash from Financing | 8 | 4 | 136 | 8 | -66 | 1.2k | 549 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 23 | 71 | 45 | -8 | 115 | 51 | 69 |
| FCF Margin | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
PREMIERENE · CYCLICAL_UNMODELABLE
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