Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 3.71B | 7.19B | 6.87B | 4.64B | 6.05B |
Gross Profit | 104.04M | 458.00M | 271.26M | 405.00M | 585.85M |
EBITDA | -36.59M | 387.04M | 291.19M | 410.10M | 270.11M |
Net Income | -227.08M | 111.91M | -289.71M | -43.91M | -130.44M |
Balance Sheet | |||||
Total Assets | 3.98B | 5.67B | 7.74B | 6.29B | 5.60B |
Cash, Cash Equivalents and Short-Term Investments | 270.70M | 578.36M | 937.90M | 431.86M | 456.26M |
Total Debt | 1.00B | 1.46B | 1.36B | 2.22B | 2.53B |
Total Liabilities | 3.02B | 4.48B | 6.53B | 5.62B | 5.26B |
Stockholders Equity | 944.92M | 1.18B | 1.10B | 376.41M | 140.56M |
Cash Flow | |||||
Free Cash Flow | 4.58M | -1.94B | 1.69B | 420.29M | 344.66M |
Operating Cash Flow | 180.93M | -1.65B | 2.40B | 1.03B | 563.54M |
Investing Cash Flow | -150.31M | 557.42M | -306.62M | -559.80M | -222.06M |
Financing Cash Flow | -338.73M | 725.12M | -1.58B | -503.86M | -292.41M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | 30.23B | -171.65 | 3.47% | 1.26% | -22.80% | -103.63% | |
51 Neutral | $349.00M | ― | -24.72% | ― | -43.94% | -162.54% | |
50 Neutral | 152.63M | -3.08 | 28.91% | ― | 3.70% | -42.25% | |
46 Neutral | 693.30M | -11.09 | -1.30% | ― | 36.71% | 8.15% | |
41 Neutral | 11.30B | -3.18 | ― | ― | -33.06% | -152.00% | |
32 Underperform | 421.41M | -0.58 | ― | ― | -29.30% | -752.95% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
Solargiga Energy Holdings Limited reported its unaudited interim financial results for the first half of 2025, revealing a significant decline in revenue and a net loss compared to the same period in 2024. The company experienced a gross loss and a comprehensive loss attributable to both owners and non-controlling interests, highlighting ongoing financial challenges.
Solargiga Energy Holdings Limited announced an impairment provision of RMB107,932,000 for its property, plant, and equipment due to changes in production plans and market conditions in 2024. The company’s outdated module production lines faced technological obsolescence and a decline in market demand, prompting a shift in focus to N-type module production facilities, resulting in temporary idleness and operating losses.
Solargiga Energy Holdings Limited has announced that its board of directors will meet on 29 August 2025 to consider and potentially approve the company’s unaudited interim results for the first half of 2025. The meeting will also discuss the recommendation of an interim dividend, which could have implications for stakeholders regarding the company’s financial health and future prospects.
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 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 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 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.