SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Hong Kong
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

Shunfeng Photovoltaic International Limited (顺风光电国际有限公司)

Main Activities: Semiconductor and Other Electronic Component Manufacturing - Semiconductor and Related Device Manufacturing

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
Shunfeng Photovoltaic International Limited (顺风光电国际有限公司)

Headquarters
Portion B, 30th Floor, Bank of China Tower, 1 Garden Road, Central, Hong Kong; Hong Kong; Hong Kong
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
Financial Auditors: Deloitte Touche Tohmatsu (2013)
Incorporation Date: August 6, 2010
Total Employees: 1,418

Tel: (86 519) 8616-3888

Company Description

The Group is a PRC-based manufacturer of high-performance solar cells and related solar products.

Company Analysis

According to the Consolidated - Audited financial statement for the first half of 2012, total net operating revenues decreased with -38.79%, from CNY 1,076,980,000 to CNY 659,194,000 . The results of the period reached CNY -4,784,000 at the end of the period against CNY 85,806,000 last year. Return on equity (Net income/Total equity) went from 19.89% to -0.69%, the Return On Asset (Net income / Total Asset) went from 4.48% to -0.17% and the Net Profit Margin (Net Income/Net Sales) went from 7.97% to -0.73% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 298.81% compared to 343.95% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.79 to 0.70 when compared to the previous year.

Key Executives

Tang Guoqiang Chairman and Executive Director
LU BIN Executive Director
Wang Yu Executive Director
YUE YANG Non-Executive Director
CHEN SHI Non-Executive Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

2,051,610,000

2,783,051,000

Current Assets

686,695,000

1,229,706,000

Total Liabilities

1,620,318,000

2,085,207,000

Shareholders Equity

431,292,000

697,844,000

Current Liabilities

1,543,393,000

1,749,054,000

* All the accounts are in CNY.
Income Statement

Total Operating Revenue

1,059,489,000

659,194,000

Operational Profit (Loss)

-229,808,000

Net Profit (Loss)

-271,336,000

-4,784,000

* All the accounts are in CNY.
Ratios
Profitability Ratios

Return on Assets (ROA)

-9.08%

0.01%

Annualised Return on Assets (ROA)

-13.23%

-0.34%

Return on Equity (ROE)

-62.91%

-0.69%

Annualised Return on Equity (ROE)

-62.91%

-1.38%

Return on Sales (ROS)

-25.61%

-0.73%

Return on Capital

-53.39%

-0.46%

Gross Profit Margin

6.13%

9.4%

Operating Profit Margin

-0.12%

2.84%

Efficiency Ratios

Accounts Receivable Turnover

5.34x

1.15x

Inventory Turnover

32.20x

15.22x

Current asset turnover

1.54x

0.54x

Fixed-asset turnover

0.84x

0.45x

Asset Turnover

0.52x

0.24x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

-196,788,000

40,169,000

EBITDA

-149,975,000

Enterprise value

1,043,667,204

1,133,343,851

Enterprise Value / EBITDA

-3.92

Bookvalue (BV)

490,548,000

677,187,000

Liquidity Ratios

Current Ratio

44.49%

70.31%

Quick ratio

42.36%

67.83%

Doom's day ratio

19.72%

24.23%

Leverage Ratios

Leverage ratio

475.69%

398.81%

Debt to equity

220.73%

182.47%

Debt to total assets

46.4%

45.75%

Debt / Enterprise Value

82.79%

106.58%

Market ratios

Price/Book Ratio

1.30

0

Trend Ratios

Revenue Trend

53.74%

61.21%

Net Income Trend

-1,142.32%

-5.58%

Operating Income Trend

-789.07%

-1.27%