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Xinyi Solar Holdings Limited is currently in a long term uptrend where the price is trading 8.9% above its 200 day moving average.
From a valuation standpoint, the stock is 177.2% more expensive than other stocks from the Technology sector with a price to sales ratio of 9.6.
Xinyi Solar Holdings Limited's total revenue rose by 50.9% to $8B since the same quarter in the previous year.
Its net income has increased by 115.5% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 139.7% to $630M since the same quarter in the previous year.
Based on the above factors, Xinyi Solar Holdings Limited gets an overall score of 4/5.
| Industry | Solar |
|---|---|
| Sector | Technology |
| ISIN | KYG9829N1025 |
| CurrencyCode | HKD |
| Exchange | HK |
| Target Price | 11.51 |
|---|---|
| Dividend Yield | 2.3% |
| Beta | 1.23 |
| PE Ratio | 20.98 |
| Market Cap | 78B |
Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers photovoltaic power station, ultraclear patterned glasses, back glasses, and AR photovoltaic glasses. It also develops, operates, and manages solar farms; and provides engineering, procurement, and construction services. In addition, the company engages in the provision of solar power systems; and trading of solar glass products. Xinyi Solar Holdings Limited was founded in 2008 and is headquartered in Wuhu, the People's Republic of China.
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