TCL Zhonghuan is the second largest solar silicon wafer producer in China. It produced about 68.3GW solar wafers in 2022, accounting for 19.1% of total production in China. Solar wafers contributed 76% of revenue and 81% of gross profit in 2022. Zhonghuan is also a leading domestic semiconductor silicon wafer producer.

Financial Strength

3/10

Name	Current	Vs Industry
Cash-To-Debt	0.31
Equity-to-Asset	0.34
Debt-to-Equity	1.07
Debt-to-EBITDA	4.53
Interest Coverage	7.15
Piotroski F-Score	4/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	1.86	Distress Grey Safe
Beneish M-Score	-2.16	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

10/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	50.9
	3-Year EBITDA Growth Rate	36.7
	3-Year EPS without NRI Growth Rate	108.5
	3-Year FCF Growth Rate	-35.6
	3-Year Book Growth Rate	32
	Future 3-5Y EPS without NRI Growth Rate	8.78
	Future 3-5Y Total Revenue Growth Rate	7.8

Momentum Rank

1/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	14.48
	9-Day RSI	25.01
	14-Day RSI	29.15
	6-1 Month Momentum %	-42.91
	12-1 Month Momentum %	-45.81

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.88
	Quick Ratio	1.39
	Cash Ratio	0.73
	Days Inventory	50.86
	Days Sales Outstanding	25.67
	Days Payable	105.83

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	0.57
	Dividend Payout Ratio	0.05
	3-Year Dividend Growth Rate	54.2
	Forward Dividend Yield %	0.57
	5-Year Yield-on-Cost %	2.31
	3-Year Average Share Buyback Ratio	-5.1
	Shareholder Yield %	-19.79

Profitability Rank

7/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	21.5
	Operating Margin %	15.83
	Net Margin %	12.16
	FCF Margin %	-11.71
	ROE %	20.08
	ROA %	6.9
	ROIC %	10.8
	ROC (Joel Greenblatt) %	16.04
	ROCE %	11.05
	Years of Profitability over Past 10-Year	10

GF Value Rank

2/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	8.67
	Forward PE Ratio	8.1
	PE Ratio without NRI	6.96
	Shiller PE Ratio	30.84
	Price-to-Owner-Earnings	43.52
	PEG Ratio	0.18
	PS Ratio	1.04
	PB Ratio	1.59
	Price-to-Tangible-Book	1.88
	Price-to-Operating-Cash-Flow	15.79
	EV-to-EBIT	9.91
	EV-to-Forward-EBIT	8.87
	EV-to-EBITDA	9.91
	EV-to-Forward-EBITDA	5.57
	EV-to-Revenue	1.56
	EV-to-Forward-Revenue	1.41
	EV-to-FCF	-13.96
	Price-to-DCF (Earnings Based)	0.22
	Price-to-Median-PS-Value	0.33
	Price-to-Peter-Lynch-Fair-Value	0.28
	Price-to-Graham-Number	0.76
	Earnings Yield (Greenblatt) %	10.09
	FCF Yield %	-10.94
	Forward Rate of Return (Yacktman) %	15.07

Financials (Next Earnings Date:2024-02-29 Est.)

Annual Quarterly TTM

SZSE:002129's 30-Y Financials

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014

TCL Zhonghuan Renewable Energy Technology Co Ltd Executives

Details

GF Value: ¥49.87

SZSE:002129

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 2 Severe warning signs with 002129. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil ¥)	65,819.331
	EPS (TTM) (¥)	1.993
	Beta	1.15
	Volatility %	40.67
	14-Day RSI	29.15
	14-Day ATR (¥)	0.574755
	20-Day SMA (¥)	18.5105
	12-1 Month Momentum %	-45.81
	52-Week Range (¥)	17.14 - 40.2
	Shares Outstanding (Mil)	4,043.12

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	4
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

TCL Zhonghuan Renewable Energy Technology Co Ltd Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

TCL Zhonghuan Renewable Energy Technology Co Ltd Stock Events

	Event	Date	Price(¥)
No Event Data

TCL Zhonghuan Renewable Energy Technology Co Ltd Frequently Asked Questions

What is TCL Zhonghuan Renewable Energy Technology Co Ltd(SZSE:002129)'s stock price today?

The current price of SZSE:002129 is ¥17.27. The 52 week high of SZSE:002129 is ¥40.20 and 52 week low is ¥17.14.

When is next earnings date of TCL Zhonghuan Renewable Energy Technology Co Ltd(SZSE:002129)?

The next earnings date of TCL Zhonghuan Renewable Energy Technology Co Ltd(SZSE:002129) is 2024-02-29 Est..

Does TCL Zhonghuan Renewable Energy Technology Co Ltd(SZSE:002129) pay dividends? If so, how much?

The Dividend Yield % of TCL Zhonghuan Renewable Energy Technology Co Ltd(SZSE:002129) is 0.57% (As of Today), Highest Dividend Payout Ratio of TCL Zhonghuan Renewable Energy Technology Co Ltd(SZSE:002129) was 0.17. The lowest was 0.05. And the median was 0.13. The Forward Dividend Yield % of TCL Zhonghuan Renewable Energy Technology Co Ltd(SZSE:002129) is 0.57%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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