Jiangsu Goodwe Power Supply Technology Co., Ltd Logo

Jiangsu Goodwe Power Supply Technology Co., Ltd

688390.SS

(3.2)
Stock Price

43,46 CNY

17.75% ROA

47.3% ROE

13.37x PER

Market Cap.

19.932.396.688,00 CNY

3.52% DER

1.16% Yield

17.02% NPM

Jiangsu Goodwe Power Supply Technology Co., Ltd Stock Analysis

Jiangsu Goodwe Power Supply 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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (47.3%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (4%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

5 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

6 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

7 Dividend

The company's consistent dividend payments over the past three years indicate a strong commitment to delivering returns to investors.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (1.137), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 PBV

The stock's high Price-to-Book Value (P/BV) ratio (4.92x) suggests it's overvalued, potentially making it an expensive investment.

10 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

Jiangsu Goodwe Power Supply 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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Jiangsu Goodwe Power Supply 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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Revenue
Year Revenue Growth
2013 63.153.892
2014 103.561.360 39.02%
2016 424.676.763 75.61%
2017 1.050.195.781 59.56%
2018 835.451.887 -25.7%
2019 945.354.025 11.63%
2020 1.589.084.063 40.51%
2021 2.678.113.765 40.66%
2022 4.710.236.539 43.14%
2023 7.344.594.175 35.87%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2013 0
2014 0 0%
2016 18.186.177 100%
2017 32.966.262 44.83%
2018 51.414.951 35.88%
2019 58.161.458 11.6%
2020 92.002.826 36.78%
2021 188.465.218 51.18%
2022 347.822.538 45.82%
2023 507.278.726 31.43%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2013 11.931.156
2014 15.846.849 24.71%
2016 38.811.761 59.17%
2017 108.758.167 64.31%
2018 9.304.098 -1068.93%
2019 12.639.802 26.39%
2020 17.911.318 29.43%
2021 28.494.880 37.14%
2022 59.068.953 51.76%
2023 647.135.340 90.87%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd EBITDA
Year EBITDA Growth
2013 -6.374.180
2014 8.971.595 171.05%
2016 43.440.222 79.35%
2017 99.695.555 56.43%
2018 71.649.527 -39.14%
2019 152.538.081 53.03%
2020 334.687.652 54.42%
2021 367.090.507 8.83%
2022 830.126.704 55.78%
2023 975.272.398 14.88%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Gross Profit
Year Gross Profit Growth
2013 14.391.883
2014 41.838.597 65.6%
2016 147.448.010 71.62%
2017 355.933.270 58.57%
2018 272.426.990 -30.65%
2019 382.900.874 28.85%
2020 597.544.183 35.92%
2021 847.944.593 29.53%
2022 1.528.707.608 44.53%
2023 2.290.490.210 33.26%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Net Profit
Year Net Profit Growth
2013 -8.206.990
2014 2.058.671 498.65%
2016 31.069.413 93.37%
2017 53.125.998 41.52%
2018 56.040.723 5.2%
2019 102.815.144 45.49%
2020 260.285.505 60.5%
2021 279.535.000 6.89%
2022 649.288.217 56.95%
2023 608.292.803 -6.74%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2013 0
2014 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 2 100%
2021 2 0%
2022 5 80%
2023 0 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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Free Cashflow
Year Free Cashflow Growth
2013 3.706.243
2014 -15.121.640 124.51%
2016 111.501.999 113.56%
2017 103.707.407 -7.52%
2018 -46.041.628 325.25%
2019 75.714.843 160.81%
2020 311.147.123 75.67%
2021 -22.597.916 1476.88%
2022 388.477.684 105.82%
2023 174.480.768 -122.65%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Operating Cashflow
Year Operating Cashflow Growth
2013 4.802.198
2014 -14.339.771 133.49%
2016 119.407.247 112.01%
2017 174.190.176 31.45%
2018 68.181.769 -155.48%
2019 151.277.033 54.93%
2020 439.758.484 65.6%
2021 296.059.991 -48.54%
2022 874.499.726 66.15%
2023 338.524.640 -158.33%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Capital Expenditure
Year Capital Expenditure Growth
2013 1.095.955
2014 781.870 -40.17%
2016 7.905.248 90.11%
2017 70.482.769 88.78%
2018 114.223.398 38.29%
2019 75.562.190 -51.16%
2020 128.611.361 41.25%
2021 318.657.906 59.64%
2022 486.022.042 34.44%
2023 164.043.872 -196.28%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Equity
Year Equity Growth
2013 3.872.965
2014 18.871.635 79.48%
2016 100.830.523 81.28%
2017 257.118.944 60.78%
2018 321.437.734 20.01%
2019 420.241.503 23.51%
2020 1.456.653.699 71.15%
2021 1.677.786.249 13.18%
2022 2.281.120.726 26.45%
2023 3.074.735.984 25.81%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Assets
Year Assets Growth
2013 48.096.805
2014 89.781.246 46.43%
2016 348.320.043 74.22%
2017 740.476.423 52.96%
2018 827.856.694 10.55%
2019 1.013.964.009 18.35%
2020 2.559.664.007 60.39%
2021 3.714.703.328 31.09%
2022 5.798.746.254 35.94%
2023 7.261.749.646 20.15%

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Liabilities
Year Liabilities Growth
2013 44.223.840
2014 70.909.610 37.63%
2016 247.489.519 71.35%
2017 483.357.479 48.8%
2018 506.418.960 4.55%
2019 593.722.506 14.7%
2020 1.103.010.309 46.17%
2021 2.036.917.079 45.85%
2022 3.517.625.528 42.09%
2023 4.187.013.663 15.99%

Jiangsu Goodwe Power Supply Technology Co., Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
60.42
Net Income per Share
10.28
Price to Earning Ratio
13.37x
Price To Sales Ratio
2.68x
POCF Ratio
10.28
PFCF Ratio
17.67
Price to Book Ratio
5.64
EV to Sales
2.39
EV Over EBITDA
11.31
EV to Operating CashFlow
10.8
EV to FreeCashFlow
15.78
Earnings Yield
0.07
FreeCashFlow Yield
0.06
Market Cap
19,93 Bil.
Enterprise Value
17,80 Bil.
Graham Number
75.12
Graham NetNet
-1.81

Income Statement Metrics

Net Income per Share
10.28
Income Quality
2.32
ROE
0.47
Return On Assets
0.17
Return On Capital Employed
0.43
Net Income per EBT
0.88
EBT Per Ebit
1
Ebit per Revenue
0.2
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.06
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.34
Operating Profit Margin
0.2
Pretax Profit Margin
0.19
Net Profit Margin
0.17

Dividends

Dividend Yield
0.01
Dividend Yield %
1.16
Payout Ratio
0
Dividend Per Share
1.6

Operating Metrics

Operating Cashflow per Share
13.37
Free CashFlow per Share
9.16
Capex to Operating CashFlow
-0.32
Capex to Revenue
-0.07
Capex to Depreciation
0
Return on Invested Capital
0.41
Return on Tangible Assets
0.18
Days Sales Outstanding
58.53
Days Payables Outstanding
194.13
Days of Inventory on Hand
129.06
Receivables Turnover
6.24
Payables Turnover
1.88
Inventory Turnover
2.83
Capex per Share
-4.21

Balance Sheet

Cash per Share
17,89
Book Value per Share
24,39
Tangible Book Value per Share
23.95
Shareholders Equity per Share
24.39
Interest Debt per Share
0.97
Debt to Equity
0.04
Debt to Assets
0.01
Net Debt to EBITDA
-1.36
Current Ratio
1.36
Tangible Asset Value
2,95 Bil.
Net Current Asset Value
1,07 Bil.
Invested Capital
0.04
Working Capital
1,39 Bil.
Intangibles to Total Assets
0.02
Average Receivables
1,24 Bil.
Average Payables
2,72 Bil.
Average Inventory
1749810092.46
Debt to Market Cap
0.01

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.

Jiangsu Goodwe Power Supply Technology Co., Ltd Dividends
Year Dividends Growth
2021 1
2022 1 100%
2023 2 50%

Jiangsu Goodwe Power Supply Technology Co., Ltd Profile

About Jiangsu Goodwe Power Supply Technology Co., Ltd

Jiangsu Goodwe Power Supply Technology Co., Ltd. focuses on the research, manufacture, and sale of PV inverters and energy storage solutions. It offers residential, commercial rooftop, ground utility, and energy storage inverters, as well as monitoring systems. The company was founded in 2010 and is based in Suzhou, China.

CEO
Mr. Min Huang
Employee
3.330
Address
No. 90 Zijin Road
Suzhou, 215011

Jiangsu Goodwe Power Supply Technology Co., Ltd Executives & BODs

Jiangsu Goodwe Power Supply Technology Co., Ltd Executives & BODs
# Name Age
1 Mr. Yinchao Wang
Board Secretary & Legal Director
70
2 Mr. Min Huang
GM & Chairman of the Board
70
3 Mr. Jinli Do
Financial Director & Chief Financial Officer
70
4 Mr. Gang Fang
Deputy GM & Director
70
5 Mr. Jinjun Lu
Deputy GM of Smart Energy Division & Director
70
6 Mr. Bangfu Huang
Director of Shenzhen R&D Center
70
7 Mr. Qian Hu
GM of Guangde Subsidiary & Smart Energy Division and Director
70

Jiangsu Goodwe Power Supply Technology Co., Ltd Competitors

Trina Solar Co., Ltd Logo
Trina Solar Co., Ltd

688599.SS

(3.8)
Tongwei Co.,Ltd Logo
Tongwei Co.,Ltd

600438.SS

(4.0)