Skip to Content

LONGi Green Energy Technology Co Ltd Class A 601012

Morningstar Rating
¥14.14 +0.16 (1.14%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

LONGi Green Energy Turned Lossmaking as Solar Wafer and Module Prices Fell

LONGi Green Energy Technology is one of world's largest integrated solar company, growing from its origins as a solar wafer manufacturer. The company is largely self-sufficient, with its solar wafers and cells produced internally. While this has helped it smooth out pricing cycles along the solar supply chain, it does not exempt LONGi when the whole industry is shattered by overcapacity.

Price vs Fair Value

601012 is trading at a 66% premium.
Price
¥14.14
Fair Value
¥42.50
Uncertainty
High
1-Star Price
¥33.28
5-Star Price
¥87.12
Economic Moat
Wpmk
Capital Allocation
Grmqtmhjz

Bulls Say, Bears Say

Bulls

LONGi will benefit as smaller players exit the industry during the current downturn.

Bears

It will take longer than expected for the industry to recover from overcapacity.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 601012 is a good fit for your portfolio.

News

Trading Information

Previous Close Price
¥13.98
Day Range
¥13.8214.23
52-Week Range
¥12.7831.20
Bid/Ask
¥14.13 / ¥14.14
Market Cap
¥107.15 Bil
Volume/Avg
74.0 Mil / 105.4 Mil

Key Statistics

Price/Earnings (Normalized)
16.29
Price/Sales
0.90
Dividend Yield (Trailing)
1.20%
Dividend Yield (Forward)
1.20%
Total Yield
1.20%

Company Profile

LONGi Green Energy Technology is one of the largest integrated solar company in the world. It produced 127.5 gigawatts of solar silicon wafers and 72.8 GW of solar modules in 2023. Solar silicon wafer and solar module contributed 19% and 77% of revenue in 2023, 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
75,066

Competitors

Valuation

Metric
601012
002129
600438
Price/Earnings (Normalized)
16.2963.9512.40
Price/Book Value
1.570.831.32
Price/Sales
0.900.650.67
Price/Cash Flow
16.347.503.12
Price/Earnings
601012
002129
600438

Financial Strength

Metric
601012
002129
600438
Quick Ratio
1.000.981.34
Current Ratio
1.421.541.73
Interest Coverage
7.351.3334.25
Quick Ratio
601012
002129
600438

Profitability

Metric
601012
002129
600438
Return on Assets (Normalized)
2.86%−0.55%2.61%
Return on Equity (Normalized)
6.62%−1.64%6.81%
Return on Invested Capital (Normalized)
4.39%−0.17%3.07%
Return on Assets
601012
002129
600438
See how this stock stacks up to its competitors with Morningstar Investor

Semiconductor Equipment & Materials Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ASML Holding NV
ASMLF
BzxjqxpwrGxyy$350.1 Bil
ASML Holding NV ADR
ASML
RfwftfpqskHmgz$350.1 Bil
Applied Materials Inc
AMAT
QvwmkhfrnZws$171.1 Bil
Lam Research Corp
LRCX
BpbyhvhdVnsh$117.0 Bil
KLA Corp
KLAC
XqqjkcvwtQszh$106.0 Bil
Tokyo Electron Ltd
TOELF
Ygyp$82.8 Bil
Tokyo Electron Ltd ADR
TOELY
Tzvq$82.8 Bil
Disco Corp
DISPF
Dgwj$32.5 Bil
Disco Corp ADR
DSCSY
Kcf$32.5 Bil
Teradyne Inc
TER
CyhnmsvKbg$19.7 Bil

Sponsor Center