TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Logo

TCL Zhonghuan Renewable Energy Technology Co.,Ltd.

002129.SZ

(2.8)
Stock Price

7,72 CNY

6.64% ROA

19.63% ROE

7.55x PER

Market Cap.

58.158.674.335,00 CNY

107.32% DER

1.33% Yield

12.16% NPM

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Stock Analysis

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (19.63%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

4 ROA

The stock's ROA (6.64%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.71x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

7 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (203) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 DER

The stock is burdened with a heavy load of debt (107%), making it financially unstable and potentially risky for investors.

10 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Hold

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Revenue
Year Revenue Growth
2004 264.595.047
2005 335.969.236 21.24%
2006 565.915.168 40.63%
2007 696.262.071 18.72%
2008 843.522.827 17.46%
2009 556.670.737 -51.53%
2010 1.308.625.100 57.46%
2011 2.549.977.945 48.68%
2012 2.535.828.500 -0.56%
2013 3.726.296.348 31.95%
2014 4.767.842.679 21.85%
2015 5.037.632.681 5.36%
2016 6.783.335.284 25.74%
2017 9.644.187.470 29.66%
2018 13.755.716.443 29.89%
2019 16.886.971.336 18.54%
2020 19.056.776.101 11.39%
2021 41.104.685.049 53.64%
2022 67.010.157.025 38.66%
2023 55.025.086.574 -21.78%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 68.316.403 100%
2011 110.281.661 38.05%
2012 144.097.390 23.47%
2013 101.705.161 -41.68%
2014 119.481.270 14.88%
2015 113.730.034 -5.06%
2016 99.767.113 -14%
2017 376.391.516 73.49%
2018 419.485.025 10.27%
2019 574.433.961 26.97%
2020 618.747.775 7.16%
2021 1.858.807.315 66.71%
2022 2.922.823.798 36.4%
2023 1.631.822.341 -79.11%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 25.947.638
2005 32.709.803 20.67%
2006 41.568.566 21.31%
2007 51.031.431 18.54%
2008 69.247.508 26.31%
2009 56.172.747 -23.28%
2010 14.323.068 -292.18%
2011 23.081.263 37.95%
2012 -100.680.219 122.93%
2013 48.878.228 305.98%
2014 60.861.772 19.69%
2015 59.129.301 -2.93%
2016 95.783.467 38.27%
2017 111.202.989 13.87%
2018 173.844.618 36.03%
2019 213.786.925 18.68%
2020 242.450.578 11.82%
2021 447.265.109 45.79%
2022 387.098.075 -15.54%
2023 1.948.525.094 80.13%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. EBITDA
Year EBITDA Growth
2004 81.494.507
2005 84.025.747 3.01%
2006 152.676.808 44.96%
2007 213.613.438 28.53%
2008 255.480.938 16.39%
2009 60.448.652 -322.64%
2010 327.726.261 81.56%
2011 517.848.290 36.71%
2012 554.227.813 6.56%
2013 587.172.376 5.61%
2014 899.178.751 34.7%
2015 955.547.291 5.9%
2016 1.388.069.532 31.16%
2017 2.075.980.514 33.14%
2018 3.220.186.857 35.53%
2019 4.572.555.432 29.58%
2020 4.965.672.261 7.92%
2021 10.137.285.304 51.02%
2022 14.640.285.262 30.76%
2023 9.039.618.989 -61.96%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Gross Profit
Year Gross Profit Growth
2004 109.164.457
2005 114.279.348 4.48%
2006 182.918.721 37.52%
2007 234.502.139 22%
2008 256.625.471 8.62%
2009 14.652.922 -1651.36%
2010 340.915.056 95.7%
2011 470.769.812 27.58%
2012 253.278.068 -85.87%
2013 460.724.065 45.03%
2014 726.334.486 36.57%
2015 751.639.663 3.37%
2016 941.838.646 20.19%
2017 1.918.388.403 50.9%
2018 2.386.916.044 19.63%
2019 3.291.256.487 27.48%
2020 3.592.909.830 8.4%
2021 8.914.287.908 59.69%
2022 11.943.164.770 25.36%
2023 12.591.973.933 5.15%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Net Profit
Year Net Profit Growth
2004 56.594.106
2005 51.347.423 -10.22%
2006 73.750.347 30.38%
2007 103.068.216 28.45%
2008 141.645.084 27.23%
2009 -91.474.765 254.85%
2010 97.532.832 193.79%
2011 182.587.329 46.58%
2012 -98.202.516 285.93%
2013 71.642.674 237.07%
2014 132.107.154 45.77%
2015 202.076.934 34.63%
2016 402.006.293 49.73%
2017 584.540.813 31.23%
2018 632.256.817 7.55%
2019 1.261.244.759 49.87%
2020 1.475.511.031 14.52%
2021 4.029.617.597 63.38%
2022 6.818.653.822 40.9%
2023 6.606.378.435 -3.21%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 100%
2022 2 0%
2023 2 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Free Cashflow
Year Free Cashflow Growth
2004 -90.794.879
2005 -190.435.619 52.32%
2006 -149.764.642 -27.16%
2007 -170.870.318 12.35%
2008 -140.119.234 -21.95%
2009 -447.920.715 68.72%
2010 -852.988.442 47.49%
2011 -1.621.097.335 47.38%
2012 -1.580.350.172 -2.58%
2013 -1.115.820.465 -41.63%
2014 -1.624.285.232 31.3%
2015 -1.192.444.733 -36.21%
2016 -1.273.401.176 6.36%
2017 -2.832.349.073 55.04%
2018 -3.710.521.624 23.67%
2019 -2.136.252.039 -73.69%
2020 -798.498.152 -167.53%
2021 -1.820.677.783 56.14%
2022 -6.155.884.114 70.42%
2023 -1.252.542.187 -391.47%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Operating Cashflow
Year Operating Cashflow Growth
2004 18.950.272
2005 -20.052.071 194.51%
2006 87.551.957 122.9%
2007 208.584.065 58.03%
2008 136.786.552 -52.49%
2009 32.248.954 -324.16%
2010 36.385.504 11.37%
2011 -185.050.540 119.66%
2012 -396.910.291 53.38%
2013 304.696.529 230.26%
2014 239.336.177 -27.31%
2015 795.496.379 69.91%
2016 819.180.674 2.89%
2017 1.051.745.767 22.11%
2018 1.707.709.058 38.41%
2019 2.506.972.805 31.88%
2020 2.858.845.789 12.31%
2021 4.281.641.056 33.23%
2022 5.056.839.129 15.33%
2023 717.942.044 -604.35%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Capital Expenditure
Year Capital Expenditure Growth
2004 109.745.150
2005 170.383.548 35.59%
2006 237.316.600 28.2%
2007 379.454.383 37.46%
2008 276.905.786 -37.03%
2009 480.169.669 42.33%
2010 889.373.946 46.01%
2011 1.436.046.795 38.07%
2012 1.183.439.881 -21.35%
2013 1.420.516.993 16.69%
2014 1.863.621.409 23.78%
2015 1.987.941.111 6.25%
2016 2.092.581.850 5%
2017 3.884.094.840 46.12%
2018 5.418.230.681 28.31%
2019 4.643.224.844 -16.69%
2020 3.657.343.941 -26.96%
2021 6.102.318.840 40.07%
2022 11.212.723.243 45.58%
2023 1.970.484.231 -469.03%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Equity
Year Equity Growth
2004 303.719.151
2005 335.066.573 9.36%
2006 408.816.920 18.04%
2007 1.113.748.974 63.29%
2008 1.512.113.069 26.34%
2009 1.397.551.416 -8.2%
2010 1.534.926.287 8.95%
2011 1.703.028.728 9.87%
2012 3.431.768.740 50.37%
2013 3.500.303.464 1.96%
2014 6.547.113.302 46.54%
2015 10.196.575.140 35.79%
2016 10.545.696.703 3.31%
2017 11.802.726.543 10.65%
2018 15.723.967.698 24.94%
2019 20.548.518.304 23.48%
2020 28.081.393.376 26.83%
2021 41.669.779.221 32.61%
2022 47.059.841.378 11.45%
2023 62.468.765.729 24.67%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Assets
Year Assets Growth
2004 531.492.459
2005 780.241.060 31.88%
2006 1.021.516.986 23.62%
2007 1.542.574.841 33.78%
2008 2.051.069.265 24.79%
2009 2.658.577.468 22.85%
2010 4.056.358.453 34.46%
2011 6.516.316.867 37.75%
2012 9.664.913.310 32.58%
2013 10.657.123.001 9.31%
2014 14.162.735.420 24.75%
2015 21.083.086.503 32.82%
2016 22.994.523.363 8.31%
2017 31.006.595.549 25.84%
2018 42.697.311.471 27.38%
2019 49.118.519.668 13.07%
2020 58.719.683.852 16.35%
2021 77.979.359.017 24.7%
2022 109.133.768.116 28.55%
2023 127.217.429.454 14.21%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Liabilities
Year Liabilities Growth
2004 206.891.026
2005 416.335.029 50.31%
2006 553.160.921 24.74%
2007 342.370.844 -61.57%
2008 475.291.570 27.97%
2009 1.132.774.233 58.04%
2010 2.361.342.106 52.03%
2011 4.611.657.839 48.8%
2012 6.031.072.612 23.54%
2013 7.029.512.039 14.2%
2014 7.460.536.455 5.78%
2015 10.772.012.174 30.74%
2016 12.339.412.723 12.7%
2017 18.007.786.450 31.48%
2018 26.973.343.773 33.24%
2019 28.570.001.363 5.59%
2020 30.638.290.477 6.75%
2021 36.309.579.796 15.62%
2022 62.073.926.739 41.51%
2023 64.748.663.724 4.13%

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
16.32
Net Income per Share
1.99
Price to Earning Ratio
7.55x
Price To Sales Ratio
0.88x
POCF Ratio
9.14
PFCF Ratio
-10.6
Price to Book Ratio
1.38
EV to Sales
1.42
EV Over EBITDA
7.36
EV to Operating CashFlow
14.14
EV to FreeCashFlow
-17.03
Earnings Yield
0.13
FreeCashFlow Yield
-0.09
Market Cap
58,16 Bil.
Enterprise Value
93,47 Bil.
Graham Number
22.03
Graham NetNet
-9.33

Income Statement Metrics

Net Income per Share
1.99
Income Quality
1.62
ROE
0.2
Return On Assets
0.06
Return On Capital Employed
0.08
Net Income per EBT
0.9
EBT Per Ebit
1.01
Ebit per Revenue
0.13
Effective Tax Rate
0.08

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.22
Operating Profit Margin
0.13
Pretax Profit Margin
0.14
Net Profit Margin
0.12

Dividends

Dividend Yield
0.01
Dividend Yield %
1.33
Payout Ratio
0.19
Dividend Per Share
0.2

Operating Metrics

Operating Cashflow per Share
1.64
Free CashFlow per Share
-1.36
Capex to Operating CashFlow
-1.83
Capex to Revenue
-0.18
Capex to Depreciation
0
Return on Invested Capital
0.08
Return on Tangible Assets
0.07
Days Sales Outstanding
56.61
Days Payables Outstanding
90.79
Days of Inventory on Hand
68.51
Receivables Turnover
6.45
Payables Turnover
4.02
Inventory Turnover
5.33
Capex per Share
-3

Balance Sheet

Cash per Share
3,63
Book Value per Share
10,86
Tangible Book Value per Share
13.85
Shareholders Equity per Share
10.86
Interest Debt per Share
12.02
Debt to Equity
1.07
Debt to Assets
0.37
Net Debt to EBITDA
2.78
Current Ratio
1.88
Tangible Asset Value
55,84 Bil.
Net Current Asset Value
-27,12 Bil.
Invested Capital
1.07
Working Capital
17,57 Bil.
Intangibles to Total Assets
0.05
Average Receivables
11,30 Bil.
Average Payables
14,01 Bil.
Average Inventory
8333598839.74
Debt to Market Cap
0.81

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Dividends
Year Dividends Growth
2008 0
2009 0 0%
2011 0 0%
2012 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Profile

About TCL Zhonghuan Renewable Energy Technology Co.,Ltd.

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. provides semiconductor materials and devices, and new energy materials in China and internationally. The company offers solar energy materials, including solar mono-crystalline silicon rods, wafers, and materials, as well as solar polycrystalline silicon materials; and solar products, such as mono-crystalline silicon solar cells. It also provides semiconductor materials comprising etching, polished, float-zone mono-crystalline silicon, and czochralski mono-crystalline silicon wafers; and develops and operates photovoltaic power stations. In addition, the company offers semiconductor devices consisting of TVS protective, HV, bridge, and schottky diodes, as well as GPP chips and metal-oxide-semiconductor field-effect transistors. Further, it engages in financial leasing business. Its products are used in integrated circuits, consumer electronics, grid transmission, wind power generation, rail transit, new energy vehicles, aviation, aerospace, photovoltaic power generation, industrial control, and other industries. The company was formerly known as Tianjin Zhonghuan Semiconductor Co., Ltd. and changed its name to TCL Zhonghuan Renewable Energy Technology Co.,Ltd. in June 2022. TCL Zhonghuan Renewable Energy Technology Co.,Ltd. was founded in 1989 and is headquartered in Tianjin, China.

CEO
Mr. Haoping Shen
Employee
17.390
Address
No. 12 East Haitai Road
Tianjin, 300384

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Executives & BODs

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Executives & BODs
# Name Age
1 Mr. Haoping Shen
Vice Chairman & GM
70
2 Ms. Changxu Zhang
Deputy GM, Chief Financial Officer & Non-Independent Director
70
3 Mr. Shilong Qin
Deputy GM & Secretary of the Board of Directors
70

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Competitors