Hiconics Eco-energy Technology Co., Ltd. engages in green energy solutions, household energy storage and photovoltaic inverters, and high-voltage variable frequency drives (VFDs) converters business in China and internationally. It operates through High Voltage Frequency Converters, Photovoltaic EPC, Residential Energy Storage, and Others segments. The company offers photovoltaic solutions, including residential, commercial, and industrial photovoltaic solutions; Midea PV grid-connected inverters; wind power generation; and power trading. It also provides energy storage solutions comprising residential integrated energy storage systems, photovoltaic inverters, micro-inverters, and charging products, as well as high-voltage frequency converters. The company was formerly known as Hiconics Drive Technology Co., Ltd. and changed its name to Hiconics Eco-energy Technology Co., Ltd. in December 2016. Hiconics Eco-energy Technology Co., Ltd. was founded in 2003 and is headquartered in Beijing, China.
Research context
Hiconics Eco-energy Technology Co., Ltd appears in PyInvesting’s Shenzhen Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- CNY
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
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5 years, 6 months ago
Hiconics Eco-energy Technology Co., Ltd is currently in a long term downtrend where the price is trading 3.4% below its 200 day moving average.
From a valuation standpoint, the stock is 30.9% cheaper than other stocks from the Industrials sector with a price to sales ratio of 3.5.
Hiconics Eco-energy Technology Co., Ltd's total revenue rose by 60.5% to $397M since the same quarter in the previous year.
Its net income has dropped by 1768.4% to $-129M since the same quarter in the previous year.
Finally, its free cash flow grew by 22.4% to $61M since the same quarter in the previous year.
Based on the above factors, Hiconics Eco-energy Technology Co., Ltd gets an overall score of 3/5.