Solargiga Warns of Wider 2025 Loss on PV Market Weakness and Impairments

Solargiga Energy Holdings ( (HK:0757) ) just unveiled an update.

Solargiga Energy Holdings has issued a profit warning, stating it expects to report a net loss attributable to shareholders of between RMB270 million and RMB310 million for 2025, widening from a RMB227 million loss in 2024. Management attributes the deterioration mainly to continued weakness in the photovoltaic market, with falling average selling prices, low capacity utilization and compressed module margins despite emerging “anti-overcapacity” measures.

Additional pressure on earnings came from significant impairment losses on receivables and contract assets linked to customer lawsuits and debtor financial stress, reversing prior impairment reversals. The company also recognized sizeable impairments on property, plant and equipment after some asset groups turned loss-making amid lower sales volumes and prices, though the board says it will tighten cost control, pursue efficiency gains and remains confident in the sector’s long-term growth under global decarbonization trends.

The most recent analyst rating on (HK:0757) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Solargiga Energy Holdings stock, see the HK:0757 Stock Forecast page.

More about Solargiga Energy Holdings

Solargiga Energy Holdings Limited is a Hong Kong-listed manufacturer in the photovoltaic sector, focusing on solar modules and related products for the global renewable energy market. The group operates production facilities that supply photovoltaic components into a highly competitive industry currently undergoing restructuring and capacity adjustments.

Average Trading Volume: 1,927,846

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$299.1M

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