TCL Zhonghuan strives to achieve global leadership in solar silicon wafer production. Its solar wafer capacity overtaken longtime champion Longi Green Energy in 2022 and became the largest in the world. After years of investment in smart manufacturing, Zhonghuan has built the most automated factories in the industry. This helps increase output and reduce costs.
Zhonghuan will benefit from smaller players' exits during the current industry downturn.
Zhonghuan’s capacity is too large, and it must price aggressively to increase utilization rate in the current overcapacity environment.
|
Metric
|
002129
|
300274
|
600438
|
|---|---|---|---|
Price/Earnings (Normalized) | 65.25 | 9.04 | 12.10 |
Price/Book Value | 0.85 | 4.26 | 1.29 |
Price/Sales | 0.66 | 1.76 | 0.66 |
Price/Cash Flow | 7.66 | 17.42 | 3.04 |
|
Metric
|
002129
|
300274
|
600438
|
|---|---|---|---|
Quick Ratio | 0.98 | 1.03 | 1.34 |
Current Ratio | 1.54 | 1.60 | 1.73 |
Interest Coverage | 1.33 | 36.30 | 34.25 |
|
Metric
|
002129
|
300274
|
600438
|
|---|---|---|---|
Return on Assets (Normalized) | −0.55% | 12.79% | 2.61% |
Return on Equity (Normalized) | −1.64% | 38.92% | 6.81% |
Return on Invested Capital (Normalized) | −0.17% | 27.88% | 3.07% |
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1-Day Chart
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Morningstar Rating for Stocks
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