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Solargiga Energy Holdings Limited (HK:0757)
:0757
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Solargiga Energy Holdings (0757) AI Stock Analysis

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HK

Solargiga Energy Holdings

(OTC:0757)

Rating:40Underperform
Price Target:
HK$0.00
▼(-100.00%Downside)
Solargiga Energy Holdings is currently facing substantial financial and operational challenges, which significantly impact its stock score. The company's declining financial performance and lack of profitability are major concerns for investors. Although there is some short-term momentum, technical indicators suggest caution due to potential overbought conditions. The absence of positive valuation metrics further reduces the stock's appeal.

Solargiga Energy Holdings (0757) vs. iShares MSCI Hong Kong ETF (EWH)

Solargiga Energy Holdings Business Overview & Revenue Model

Company DescriptionSolargiga Energy Holdings Limited (0757) is a leading player in the solar energy sector, primarily engaged in the manufacturing and sale of monocrystalline silicon solar ingots and wafers. The company operates within the renewable energy industry, focusing on the production of photovoltaic products that are essential for solar power generation. Solargiga Energy Holdings is headquartered in China and serves a global customer base, providing high-quality solar energy solutions that contribute to the global transition towards clean energy.
How the Company Makes MoneySolargiga Energy Holdings makes money through the production and sale of monocrystalline silicon solar ingots and wafers, which are critical components in the manufacturing of solar cells and modules. The company's revenue model is based on the large-scale production and supply of these components to solar cell manufacturers and other companies within the photovoltaic industry. Key revenue streams include long-term supply contracts with major solar product manufacturers and partnerships with companies involved in the global solar power supply chain. Solargiga also engages in the sale of solar cells and modules, further diversifying its income sources. The company's earnings are influenced by factors such as technological advancements, operational efficiency, market demand for solar energy products, and strategic partnerships that enhance its market reach.

Solargiga Energy Holdings Financial Statement Overview

Summary
Solargiga Energy Holdings is facing significant financial challenges, with declining revenues, high leverage, and negative profitability. The company's operational inefficiencies and liquidity concerns require immediate strategic reassessment to stabilize financial performance.
Income Statement
40
Negative
Solargiga Energy Holdings shows a concerning decline in revenue, with a significant drop in Total Revenue from 2023 to 2024. The Gross Profit Margin decreased notably, and the company turned from a positive Net Income in 2023 to a substantial net loss in 2024, indicating potential operational challenges. The EBIT and EBITDA margins also turned negative, reflecting operational inefficiencies or increased costs.
Balance Sheet
45
Neutral
The company's Debt-to-Equity Ratio is high, indicating significant leverage, which could pose financial risks amidst declining revenues. While the Equity Ratio indicates some stability, the decreasing Stockholders' Equity over recent years suggests financial stress. Return on Equity has been negative, reflecting a lack of shareholder returns.
Cash Flow
30
Negative
The operating cash flow turned negative in 2023 and remained zero in 2024, raising concerns about the company's ability to generate cash from operations. Free cash flow has been erratic, and the lack of positive cash flow to net income ratios suggests potential liquidity issues.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.71B7.19B6.87B4.64B6.05B
Gross Profit104.04M458.00M271.26M405.00M585.85M
EBITDA-36.59M387.04M291.19M410.10M270.11M
Net Income-227.08M111.91M-289.71M-43.91M-130.44M
Balance Sheet
Total Assets3.98B5.67B7.74B6.29B5.60B
Cash, Cash Equivalents and Short-Term Investments270.70M578.36M937.90M431.86M456.26M
Total Debt1.00B1.46B1.36B2.22B2.53B
Total Liabilities3.02B4.48B6.53B5.62B5.26B
Stockholders Equity944.92M1.18B1.10B376.41M140.56M
Cash Flow
Free Cash Flow4.58M-1.94B1.69B420.29M344.66M
Operating Cash Flow180.93M-1.65B2.40B1.03B563.54M
Investing Cash Flow-150.31M557.42M-306.62M-559.80M-222.06M
Financing Cash Flow-338.73M725.12M-1.58B-503.86M-292.41M

Solargiga Energy Holdings Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.09
Price Trends
50DMA
0.07
Positive
100DMA
0.07
Positive
200DMA
0.09
Positive
Market Momentum
MACD
<0.01
Negative
RSI
62.32
Neutral
STOCH
65.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0757, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.07, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.32 is Neutral, neither overbought nor oversold. The STOCH value of 65.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0757.

Solargiga Energy Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Neutral
HK$26.60B26.003.28%13.65%-17.68%-76.04%
57
Neutral
HK$14.23B4.94-5.75%5.29%9.34%-42.23%
50
Neutral
HK$705.90M-1.29%0.82%-154.84%
45
Neutral
HK$104.93M
12.64%-178.64%
41
Neutral
HK$9.37B-11.29%-32.63%-185.82%
40
Underperform
$299.14M-21.37%-49.43%-295.51%
32
Underperform
HK$421.41M-22.96%2.57%-58.71%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0757
Solargiga Energy Holdings
0.09
-0.03
-23.73%
HK:1799
Xinte Energy Co., Ltd. Class H
6.52
-1.02
-13.53%
HK:0968
Xinyi Solar Holdings
2.93
-0.67
-18.50%
HK:0712
Comtec Solar Systems Group Ltd.
0.10
<0.01
6.67%
HK:0750
China Singyes Solar Technologies Holdings
0.28
-0.05
-16.67%
HK:0438
IRICO Group New Energy Co. Ltd. Class H
2.35
-1.05
-30.88%

Solargiga Energy Holdings Corporate Events

Solargiga Energy Holdings Forms Nomination Committee for Board Oversight
Jun 24, 2025

Solargiga Energy Holdings Limited has announced the establishment of a Nomination Committee within its Board of Directors. This committee, primarily composed of independent non-executive directors, is tasked with overseeing the nomination process for board appointments, ensuring diversity and independence in its membership. The committee’s operations are structured to maintain transparency and accountability, with meetings held as required and resolutions passed by majority vote.

Solargiga Energy Announces Leadership Transition
Jun 10, 2025

Solargiga Energy Holdings Limited announced significant leadership changes following their annual general meeting on June 10, 2025. Mr. Tan Wenhua retired as Chairman and executive Director, transitioning to the role of Honorary Chairman, while Mr. Tan Xin, the company’s CEO, has been appointed as the new Chairman. These changes reflect the company’s strategic direction and appreciation for Mr. Tan Wenhua’s contributions, ensuring continued growth and stability.

Solargiga Energy Holdings Announces Board Composition and Committee Roles
Jun 10, 2025

Solargiga Energy Holdings Limited announced the composition of its board of directors and the roles within its committees. The board includes both executive and independent non-executive directors, with specific members assigned to the audit, remuneration, and nomination committees. This announcement reflects the company’s commitment to maintaining a structured governance framework, which is crucial for its strategic decision-making and operational efficiency.

Solargiga Energy Holdings Secures Shareholder Approval for Key Resolutions at AGM
Jun 10, 2025

Solargiga Energy Holdings Limited announced that all proposed resolutions were approved at its annual general meeting held on June 10, 2025. Key resolutions included the approval of the audited financial statements for 2024, re-election of directors, and the re-appointment of Ernst & Young as auditors. Additionally, mandates were granted to the directors for share repurchase and issuance, reflecting strong shareholder support and potentially enhancing the company’s operational flexibility and market positioning.

Solargiga Energy Secures RMB100 Million Loan to Boost Photovoltaic Ventures
May 13, 2025

Solargiga Energy Holdings Limited announced a new loan agreement through its subsidiary, Jinzhou Yangguang Energy Co., Ltd., with the Shenyang Branch of Industrial Bank Co., Ltd., for RMB100,000,000. The loan is backed by corporate and personal guarantees, reflecting the bank’s confidence in Solargiga’s business prospects. The agreement aims to enhance the company’s financial management and optimize its financial structure, which is expected to support its growth in the photovoltaic market. The personal guarantee provided by Mr. Tan Wenhua, an executive director and substantial shareholder, is considered a connected transaction but is exempt from certain reporting requirements.

Solargiga Energy Holdings Announces 2025 AGM Agenda
Apr 28, 2025

Solargiga Energy Holdings Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 10, 2025, in Hong Kong. Key agenda items include the approval of financial statements, re-election of directors, and re-appointment of auditors. Additionally, the meeting will address resolutions related to the repurchase of shares and the issuance of additional shares, reflecting the company’s strategic focus on enhancing shareholder value and operational flexibility.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 09, 2025