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LONGi Green Energy Technology Co Ltd Class A 601012

Morningstar Rating
CNY 18.78 −0.47 (2.44%)
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Company Report

Price vs Fair Value

601012 is trading at a 37% discount.
Price
CNY 18.45
Fair Value
CNY 89.60
Uncertainty
High
1-Star Price
CNY 61.71
5-Star Price
CNY 22.12
Economic Moat
Cqbr
Capital Allocation
Kqyxvlnp

Bulls Say, Bears Say

Bulls

LONGi’s vertically integrated model should help it fare better in the current overcapacity environment.

Bears

LONGi has lost its stronghold in solar wafers, and that will weigh on margins.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
CNY 19.25
Day Range
CNY 18.7319.33
52-Week Range
CNY 17.6037.30
Bid/Ask
CNY 18.78 / CNY 18.79
Market Cap
CNY 142.32 Bil
Volume/Avg
91.9 Mil / 113.3 Mil

Key Statistics

Price/Earnings (Normalized)
9.03
Price/Sales
1.08
Dividend Yield (Trailing)
2.08%
Dividend Yield (Forward)
2.08%
Total Yield
2.08%

Company Profile

LONGi Green Energy Technology is the largest integrated solar company in the world. It produced 85.9 gigawatts of solar silicon wafers and 48.2 GW of solar modules in 2022, both the most globally. Solar silicon wafer and solar module contributed 30% and 66% of revenue in 2022, respectively. LONGi’s production bases are mostly in China. LONGi’s products are sold in more than 150 countries and regions.
Sector
Technology
Industry
Semiconductor Equipment & Materials
Stock Style Box
Large Core
Total Number of Employees
60,601

Competitors

Valuation

Metric
601012
002129
600438
Price/Earnings (Normalized)
9.036.105.08
Price/Book Value
2.040.951.64
Price/Sales
1.080.630.74
Price/Cash Flow
11.069.373.11
Price/Earnings
601012
002129
600438

Financial Strength

Metric
601012
002129
600438
Quick Ratio
0.961.101.37
Current Ratio
1.381.881.64
Interest Coverage
36.167.1533.43
Quick Ratio
601012
002129
600438

Profitability

Metric
601012
002129
600438
Return on Assets (Normalized)
10.17%5.87%13.22%
Return on Equity (Normalized)
23.39%17.08%32.35%
Return on Invested Capital (Normalized)
19.81%8.64%19.09%
Return on Assets
601012
002129
600438
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