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Solareast Holdings Co., Ltd is currently in a long term downtrend where the price is trading 6.4% below its 200 day moving average.
From a valuation standpoint, the stock is 85.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.2.
Solareast Holdings Co., Ltd's total revenue rose by 15.8% to $935M since the same quarter in the previous year.
Its net income has increased by 47.8% to $43M since the same quarter in the previous year.
Finally, its free cash flow fell by 90.4% to $3M since the same quarter in the previous year.
Based on the above factors, Solareast Holdings Co., Ltd gets an overall score of 3/5.
| CurrencyCode | CNY |
|---|---|
| Exchange | SHG |
| Industry | Solar |
| Sector | Technology |
| ISIN | CNE100001LZ7 |
| Beta | 0.61 |
|---|---|
| PE Ratio | 28.1 |
| Target Price | None |
| Dividend Yield | 1.4% |
| Market Cap | 5B |
Solareast Holdings Co., Ltd. engages in the research and development, production, and sales of water heaters, kitchen appliances, clean energy heating, water purification, and other products in China and internationally. Its water heater products comprise solar water heaters, air heaters, electric water heaters, and gas heaters; kitchen products include hood, gas stoves, integrated stoves, sterilized cabinets, steam oven, microwave oven, built-in electric ovens, dishwashers, garbage disposals, etc; and clean energy products include solar heating, air heating, gas wall-hung boilers, and multi-energy heating products, distributed photovoltaic development, etc. The company was formerly known as Jiangsu Sunrain Solar Energy Co.,Ltd. and changed its name to Solareast Holdings Co., Ltd. The company was founded in 1997 and is based in Lianyungang, China.
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