TCL Zhonghuan Renewable Energy Technology Co Ltd

Chart & Performance

D1W1MN

P/E

10.74

P/S

0.62

EPS

0.85

Div Yield, %

0.88%

Shrs. gr., 5y

8.21%

Rev. gr., 5y

33.87%

Revenues

59.15b

-11.74%

Net income

3.42b

-49.90%

CFO

5.65b

+11.76%

Dividend

Jul 09, 20240.26 CNY/sh

Profile

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. provides semiconductor materials and devices, and new energy materials in China and internationally. The company offers solar energy materials, including solar mono-crystalline silicon rods, wafers, and materials, as well as solar polycrystalline silicon materials; and solar products, such as mono-crystalline silicon solar cells. It also provides semiconductor materials comprising etching, polished, float-zone mono-crystalline silicon, and czochralski mono-crystalline silicon wafers; and develops and operates photovoltaic power stations. In addition, the company offers semiconductor devices consisting of TVS protective, HV, bridge, and schottky diodes, as well as GPP chips and metal-oxide-semiconductor field-effect transistors. Further, it engages in financial leasing business. Its products are used in integrated circuits, consumer electronics, grid transmission, wind power generation, rail transit, new energy vehicles, aviation, aerospace, photovoltaic power generation, industrial control, and other industries. The company was formerly known as Tianjin Zhonghuan Semiconductor Co., Ltd. and changed its name to TCL Zhonghuan Renewable Energy Technology Co.,Ltd. in June 2022. TCL Zhonghuan Renewable Energy Technology Co.,Ltd. was founded in 1989 and is headquartered in Tianjin, China.

URL

https://www.tjsemi.com/

IPO date

Apr 20, 2007

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	59,146,463 -11.74%	67,010,157 63.02%	41,104,685 115.70%
Cost of revenue	50,413,592	58,654,118	34,627,066
Unusual Expense (Income)
NOPBT	8,732,871	8,356,039	6,477,619
NOPBT Margin	14.76%	12.47%	15.76%
Operating Taxes	645,136	376,289	564,903
Tax Rate	7.39%	4.50%	8.72%
NOPAT	8,087,735	7,979,751	5,912,716
Net income	3,416,059 -49.90%	6,818,654 69.21%	4,029,618 173.10%
Dividends	(323,395)	(355,490)	(181,976)
Dividend yield	0.52%	0.29%	0.11%
Proceeds from repurchase of equity	(700,000)
BB yield	1.12%
Debt
Debt current	4,283,755	2,986,411	7,974,923
Long-term debt	46,820,722	40,679,412	14,727,984
Deferred revenue	64,006	871,448	704,700
Other long-term liabilities	605,126	1,089,236	845,789
Net debt	30,493,487	25,010,906	6,655,753
Cash flow
Cash from operating activities	5,651,483	5,056,839	4,281,641
CAPEX	(12,162,980)
Cash from investing activities
Cash from financing activities	4,706,234	10,654,285	9,269,888
FCF	(8,865,606)	(11,498,227)	(1,467,695)
Balance
Cash	13,897,562	14,674,397	11,978,482
Long term investments	6,713,429	3,980,521	4,068,672
Excess cash	17,653,668	15,304,410	13,991,919
Stockholders' equity	40,622,061	26,863,871	20,934,979
Invested Capital	88,390,694	72,502,955	50,421,861
ROIC	10.05%	12.98%	13.35%
ROCE	8.16%	9.43%	9.96%
EV
Common stock shares outstanding	4,010,400	4,018,921	3,826,943
Price	15.64 -48.09%	30.13 -27.83%	41.75 63.73%
Market cap	62,722,661 -48.20%	121,090,085 -24.21%	159,774,858 73.53%
EV	111,969,512	155,543,133	176,428,104
EBITDA	15,457,329	12,870,352	9,429,838
EV/EBITDA	7.24	12.09	18.71
Interest	1,157,224	1,040,992	938,552
Interest/NOPBT	13.25%	12.46%	14.49%