The reported statements, read against the company's own industry.
Financials view
Market Capitalization
6.52BCNY
967.75M · vs all stocks (USD)
Updated Aug 19, 2026
Revenue (TTM)
3.31BCNY
492.28M · vs all stocks (USD)
Updated Aug 19, 2026
Profit Margin
-44.94%
vs Solar peers
Updated Aug 19, 2026
Beta
0.6410x
vs all stocks
Updated Aug 19, 2026
52-Week Change
-4.32%
vs all stocks
Updated Aug 19, 2026
Market Capitalization
6.52BCNY
967.75M · vs all stocks (USD)
Updated Aug 19, 2026
Enterprise Value
14.63BCNY
2.17B · vs all stocks (USD)
Updated Aug 19, 2026
Forward P/E
7.32x
vs Solar peers
Updated Aug 19, 2026
Price to Sales (TTM)
2.09x
vs Solar peers
Provider-reported. Market Capitalization ÷ Revenue (TTM) on this page gives 1.97×.Updated Aug 19, 2026
Price to Book (MRQ)
3.92x
vs Solar peers
Updated Aug 19, 2026
Enterprise to Revenue
4.42x
vs Solar peers
Updated Aug 19, 2026
Enterprise to EBITDA
-15.14x
vs Solar peers
Updated Aug 19, 2026
Gross Margin
-19.12%
vs Solar peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives -25.63%.Updated Aug 19, 2026
Profit Margin
-44.94%
vs Solar peers
Updated Aug 19, 2026
Operating Margin
-49.06%
vs Solar peers
Updated Aug 19, 2026
Return on Assets (TTM)
-6.51%
vs Solar peers
Updated Aug 19, 2026
Return on Equity (TTM)
-56.14%
vs Solar peers
Updated Aug 19, 2026
Revenue (TTM)
3.31BCNY
492.28M · vs all stocks (USD)
Updated Aug 19, 2026
Revenue per Share (TTM)
3.06CNYUpdated Aug 19, 2026
Quarterly Revenue Growth
-69.60%
vs Solar peers
Updated Aug 19, 2026
Gross Profit (TTM)
-849.49MCNY
-126.17M · vs all stocks (USD)
Updated Aug 19, 2026
EBITDA (TTM)
-966.18MCNY
-143.50M · vs all stocks (USD)
Updated Aug 19, 2026
Net Income (TTM)
-1.49BCNY
-221.23M · vs all stocks (USD)
Updated Aug 19, 2026
Quarterly Earnings Growth (YoY)
-69.63%
vs Solar peers
Updated Aug 19, 2026
Operating Cash Flow (TTM)
513.37MCNY
76.25M · vs all stocks (USD)
Updated Aug 19, 2026
Levered Free Cash Flow (TTM)
-15.99MCNY
-2.38M · vs all stocks (USD)
Updated Aug 19, 2026
Payout Ratio
0.00%
vs Solar peers
Updated Aug 19, 2026
Minority Interest (Equity)
509.15MCNYFY2025 · Dec 31, 2025
Revenue
4.45BCNYFY2025 · Dec 31, 2025
Cost of Goods Sold
5.09BCNYFY2025 · Dec 31, 2025
Gross Profit
-636.14MCNYFY2025 · Dec 31, 2025
Operating Income
-1.19BCNY
-177.42M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
-1.58BCNYFY2025 · Dec 31, 2025
Income Tax Expense
4.68MCNYFY2025 · Dec 31, 2025
Net Income
-1.59BCNYFY2025 · Dec 31, 2025
EBIT
-1.32BCNYFY2025 · Dec 31, 2025
EBITDA (Income Statement)
-153.60MCNYFY2025 · Dec 31, 2025
Research & Development
191.25MCNYFY2025 · Dec 31, 2025
Selling, General & Administrative
127.08MCNYFY2025 · Dec 31, 2025
Other Operating Expenses
32.47MCNYFY2025 · Dec 31, 2025
Non-operating Interest Income
165.61MCNYFY2025 · Dec 31, 2025
Non-operating Interest Expense
266.91MCNYFY2025 · Dec 31, 2025
EPS (Basic)
-1.26CNYFY2025 · Dec 31, 2025
EPS (Diluted)
-1.26CNYFY2025 · Dec 31, 2025
Basic Shares Outstanding
1.09BSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
1.09BSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
-1.59BCNYFY2025 · Dec 31, 2025
Minority Interests (P&L)
216.29MCNYFY2025 · Dec 31, 2025
Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025
Operating Cash Flow
-584.54MCNYFY2025 · Dec 31, 2025
Free Cash Flow
-1.07BCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
1.18BCNYFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
-1.59BCNYFY2025 · Dec 31, 2025
Other Non-cash Items
284.83MCNYFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
138.75MCNYFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
580.07MCNYFY2025 · Dec 31, 2025
Capital Expenditures
-481.23MCNYFY2025 · Dec 31, 2025
Sale of Investments
95.52MCNYFY2025 · Dec 31, 2025
Other Investing Activity
176.24MCNYFY2025 · Dec 31, 2025
Net Investing Cash Flow
-209.47MCNYFY2025 · Dec 31, 2025
Long-term Debt Issuance
5.38BCNYFY2025 · Dec 31, 2025
Long-term Debt Payments
-5.72BCNYFY2025 · Dec 31, 2025
Common Dividends Paid
-204.84MCNYFY2025 · Dec 31, 2025
Other Financing Charges
1.04BCNYFY2025 · Dec 31, 2025
Net Financing Cash Flow
486.55MCNYFY2025 · Dec 31, 2025
Shares Outstanding
1.09BSharesUpdated Aug 19, 2026
Float Shares
797.80MSharesUpdated Aug 19, 2026
% Held by Insiders
32.02%
vs all stocks
Updated Aug 19, 2026
% Held by Institutions
0.89%
vs all stocks
Updated Aug 19, 2026
Total Cash (MRQ)
1.04BCNY
153.72M · vs all stocks (USD)
Updated Aug 19, 2026
Total Cash per Share (MRQ)
0.9500CNYUpdated Aug 19, 2026
Total Debt (MRQ)
8.22BCNY
1.22B · vs all stocks (USD)
Updated Aug 19, 2026
Total Debt to Equity (MRQ)
3.73x
vs Solar peers
Updated Aug 19, 2026
Current Ratio (MRQ)
0.6360x
vs Solar peers
Updated Aug 19, 2026
Book Value per Share (MRQ)
1.63CNYUpdated Aug 19, 2026
Total Assets
14.84BCNY
2.20B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
5.58BCNYFY2025 · Dec 31, 2025
Total Liabilities
12.34BCNYFY2025 · Dec 31, 2025
Total Non-current Assets
9.26BCNYFY2025 · Dec 31, 2025
Total Non-current Liabilities
4.43BCNYFY2025 · Dec 31, 2025
Total Current Liabilities
7.91BCNYFY2025 · Dec 31, 2025
Cash
1.18BCNYFY2025 · Dec 31, 2025
Cash Equivalents
333.83MCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents
1.51BCNYFY2025 · Dec 31, 2025
Other Short-term Investments
1.18MCNYFY2025 · Dec 31, 2025
Accounts Receivable
2.70BCNYFY2025 · Dec 31, 2025
Inventory
496.09MCNYFY2025 · Dec 31, 2025
Accounts Payable
1.90BCNYFY2025 · Dec 31, 2025
Short-term Debt
5.34BCNYFY2025 · Dec 31, 2025
Other Current Liabilities
72.23MCNYFY2025 · Dec 31, 2025
Long-term Debt
2.18BCNYFY2025 · Dec 31, 2025
Other Non-current Liabilities
876.76MCNYFY2025 · Dec 31, 2025
Common Stock (Book)
1.09BCNYFY2025 · Dec 31, 2025
Retained Earnings
-1.19BCNYFY2025 · Dec 31, 2025
Total Shareholders' Equity
2.50BCNY
371.40M · vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
5.00CNYUpdated Aug 19, 2026
52-Week High
13.65CNYUpdated Aug 19, 2026
52-Week Change
-4.32%
vs all stocks
Updated Aug 19, 2026
Beta
0.6410x
vs all stocks
Updated Aug 19, 2026
50-Day MA
6.70CNYUpdated Aug 19, 2026
200-Day MA
8.45CNYUpdated Aug 19, 2026
Avg 10-Day Volume
17.51MSharesUpdated Aug 19, 2026
Avg 30-Day Volume
22.20MSharesUpdated Aug 19, 2026
Diluted EPS (TTM)
-1.37CNYUpdated Aug 19, 2026
3 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Debt is a large share of its assets, and large against its cash flow.
Reads
Elevated Leverage on Three Denominators
Debt sits high against its equity, its assets, and its cash flow.
Reads
Partial Recovery After Sharp Decline
A weak, thin-volume bounce inside a decline that is still far from recovered.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Current ratio is 0.64×, lower than 95% of its Solar peers (median 1.58×)Significant
Current ratio: 0.64Industry median: 1.58Industry P5: 0.66Peers compared: 34.00
Debt-to-equity is 3.73×, higher than 95% of its Solar peers (median 0.68×)Significant