Golden Solar New Energy Technology Holdings Limited (HK:1121)
:1121
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Golden Solar New Energy Technology Holdings Limited
(1121)
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Rating:43Neutral
Price Target:
HK$1.50
▲(16.28% Upside)
Action:ReiteratedDate:01/14/26
Overall score is constrained primarily by poor financial performance (declining revenue, persistent losses, rising leverage, and negative operating/free cash flow). Technicals are supportive in trend but show overbought conditions that elevate near-term downside risk. Valuation is not supportive due to negative earnings and no dividend yield data.
Positive Factors
Diversified product & service mix
The company generates revenue from hardware (panels, inverters, storage) plus installation and maintenance services, creating multiple durable revenue streams. Services and maintenance can produce recurring cash flow and improve customer retention, supporting long-term revenue stability and cross-sell potential.
Negative Factors
Consistent revenue decline
A multiyear revenue decline erodes economies of scale and suggests challenges in market competitiveness or demand execution. Persistent top-line contraction reduces capacity to absorb fixed costs and undermines prospects for restoring profitability without a clear, sustained sales recovery strategy.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified product & service mix
The company generates revenue from hardware (panels, inverters, storage) plus installation and maintenance services, creating multiple durable revenue streams. Services and maintenance can produce recurring cash flow and improve customer retention, supporting long-term revenue stability and cross-sell potential.
Read all positive factors
Golden Solar New Energy Technology Holdings Limited (1121) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.48B
Dividend YieldN/A
Average Volume (3M)1.00M
Price to Earnings (P/E)―
Beta (1Y)0.53
Revenue Growth-29.29%
EPS Growth22.43%
CountryHK
Employees966
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Footwear & Accessories
Share Statistics
EPS (TTM)-0.08
Shares Outstanding1,924,269,700
10 Day Avg. Volume770,600
30 Day Avg. Volume1,000,466
Financial Highlights & Ratios
PEG Ratio0.83
Price to Book (P/B)10.02
Price to Sales (P/S)15.12
P/FCF Ratio-47.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Golden Solar New Energy Technology Holdings Limited Business Overview & Revenue Model
Company Description
Golden Solar New Energy Technology Holdings Limited, an investment holding company, manufactures, sells, and trades in footwear products in the People's Republic of China, the United States, South America, Europe, South East Asia, and internationa...
How the Company Makes Money
Golden Solar New Energy Technology Holdings Limited generates revenue through multiple streams, primarily from the sale of solar energy products, including photovoltaic panels, inverters, and energy storage systems. The company also earns income f...
Golden Solar New Energy Technology Holdings Limited Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
40
Negative
Cash Flow
25
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 189.12M | 253.51M | 295.35M | 274.28M | 313.51M | 111.87M |
| Gross Profit | 13.73M | 25.87M | 42.91M | 35.52M | 88.52M | 18.00M |
| EBITDA | -262.23M | -263.43M | -294.44M | -205.90M | -2.66M | -46.62M |
| Net Income | -278.56M | -277.41M | -326.38M | -167.04M | 9.22M | -108.76M |
Balance Sheet | ||||||
| Total Assets | 659.48M | 696.18M | 864.00M | 915.34M | 576.69M | 195.64M |
| Cash, Cash Equivalents and Short-Term Investments | 23.68M | 31.86M | 143.36M | 354.72M | 135.79M | 625.00K |
| Total Debt | 215.19M | 151.84M | 168.90M | 92.83M | 104.91M | 130.48M |
| Total Liabilities | 363.49M | 313.80M | 323.00M | 270.54M | 291.85M | 240.53M |
| Stockholders Equity | 295.99M | 382.39M | 540.99M | 644.80M | 284.84M | -44.89M |
Cash Flow | ||||||
| Free Cash Flow | -54.00M | -80.83M | -255.36M | -135.56M | -169.29M | -13.04M |
| Operating Cash Flow | -24.56M | -50.58M | -161.89M | -78.70M | -63.05M | -2.59M |
| Investing Cash Flow | -7.31M | -27.82M | -94.44M | -60.81M | -113.78M | -10.31M |
| Financing Cash Flow | -17.18M | -32.38M | 44.25M | 358.44M | 312.00M | 9.43M |
Golden Solar New Energy Technology Holdings Limited Technical Analysis
Negative
1.29
Price Trends
1.39
Negative
1.34
Negative
1.42
Negative
Market Momentum
-0.03
Negative
44.75
Neutral
53.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1121, the sentiment is Negative. The current price of 1.29 is above the 20-day moving average (MA) of 1.28, below the 50-day MA of 1.39, and below the 200-day MA of 1.42, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 44.75 is Neutral, neither overbought nor oversold. The STOCH value of 53.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1121.
Golden Solar New Energy Technology Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
HK:1121
Golden Solar New Energy Technology Holdings Limited
1.29
-0.66
-33.85%
HK:2399
China Anchu Energy Storage Group Ltd
0.47
0.27
135.00%
Golden Solar New Energy Technology Holdings Limited Corporate Events
Golden Solar New Energy Sets Out Board and Committee Structure
Dec 22, 2025
Golden Solar New Energy Technology Holdings Limited has outlined the composition of its board of directors, naming Mr. Kang Chuang as chairman and executive director alongside another executive director, one non-executive director and three indepe...
Golden Solar New Energy Appoints Non-Executive Director to Nomination Committee
Dec 22, 2025
Golden Solar New Energy Technology Holdings Limited has appointed non-executive director Ms. Lin Weihuan as a member of its nomination committee, effective 22 December 2025, expanding the committee to four members chaired by independent non-execut...
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.