LONGi Green Energy Technology Co., Ltd.

SHSE-601012

Basic

Market Cap
CN¥105.94B
EV
CN¥74.94B
Shares Out
7,578.04M
Revenue
CN¥118.85B
Employees
75,066

Margins

Gross
12.55%
EBITDA
8.26%
Operating
4.36%
Pre-Tax
4.35%
Net
4.01%
FCF
-1.26%

Returns (5Yr Avg)

ROA
10.18%
ROTA
23.22%
ROE
22.96%
ROCE
18.47%
ROIC
16.36%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
CN¥19.4
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
CN¥57.35B
Net Debt
-CN¥31.22B
Debt/Equity
0.38
EBIT/Interest
8.79

Growth (CAGR)

Rev 3Yr
24.33%
Rev 5Yr
37.45%
Rev 10Yr
47.04%
Dil EPS 3Yr
-20.16%
Dil EPS 5Yr
10.73%
Dil EPS 10Yr
35.52%
Rev Fwd 2Yr
-0.27%
EBITDA Fwd 2Yr
-14.5%
EPS Fwd 2Yr
-18.6%
EPS LT Growth Est
8.92%

Dividends

Yield
—
Payout
27.02%
DPS
CN¥0.17
DPS Growth 3Yr
-8.15%
DPS Growth 5Yr
27.23%
DPS Growth 10Yr
39.48%
DPS Growth Fwd 2Yr
10.47%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						32,897.5	54,583.2	80,607.9	128,998.1	129,497.7	118,852.5
Total Revenues % Chg.						49.6%	65.9%	47.7%	60%	0.4%	-14.3%
Cost of Goods Sold, Total						23,761.7	41,513.2	64,598	110,228.8	111,076.6	103,932.5
Gross Profit						9,135.7	13,070	16,009.9	18,769.3	18,421.1	14,920
Selling General & Admin Expenses, Total						2,302.1	2,538	3,586.6	6,215.8	7,585.5	7,431.6
Provision for Bad Debts						69.7	100	53.8	303.4	67.5	131
R&D Expenses	—	—	—			292.9	489.9	830.3	1,264.8	2,229.5	2,252.8
Other Operating Expenses						178.4	281.9	418	656.3	210.2	-73.7
Other Operating Expenses, Total						2,843	3,409.7	4,888.8	8,440.3	10,092.7	9,741.6
Operating Income						6,292.7	9,660.3	11,121.2	10,329.1	8,328.4	5,178.3
Interest Expense, Total						-458.4	-386.1	-355.4	-474.7	-515.9	-589.3
Interest And Investment Income						472.9	1,384.1	1,109.1	5,646.4	4,996.6	3,939.7
Net Interest Expenses						14.4	998	753.8	5,171.7	4,480.7	3,350.5
Currency Exchange Gains (Loss)						30.2	-314.2	-831.9	1,562.1	873.1	873.1
Other Non Operating Income (Expenses)						-45.8	-23.1	37.2	-88.5	-108.5	-59.6
EBT, Excl. Unusual Items						6,291.5	10,320.9	11,080.2	16,974.4	13,573.7	9,342.2
Gain (Loss) On Sale Of Investments	—	—		—	—	—	0	261.8	115.6	-13.1	-8.1
Gain (Loss) On Sale Of Assets						-70.2	-21	-377.4	-161.5	-190.6	-209.3
Asset Writedown						-139	-620.9	-1,005.8	-987.2	-1,782.3	-4,358
Other Unusual Items						164.6	232.9	273.6	463.2	401.5	401.5
EBT, Incl. Unusual Items						6,246.9	9,911.9	10,232.4	16,404.6	11,989.2	5,168.3
Income Tax Expense						689.8	1,212.2	1,158.5	1,641.8	1,302.5	466.2
Earnings From Continuing Operations						5,557.2	8,699.7	9,073.8	14,762.8	10,686.7	4,702.1
Minority Interest						-277.6	-147.3	12.1	48.7	64.8	61.6
Net Income						5,279.6	8,552.4	9,085.9	14,811.6	10,751.4	4,763.7
Net Income to Common Incl Extra Items						5,279.6	8,552.4	9,085.9	14,811.6	10,751.4	4,763.7
Net Income to Common Excl. Extra Items						5,279.6	8,552.4	9,085.9	14,811.6	10,751.4	4,763.7
Total Shares Outstanding						7,393.2	7,392.7	7,578.1	7,581.7	7,578	7,578
Weighted Avg. Shares Outstanding						7,039.4	7,391.2	7,509	7,595.7	7,571.4	7,572.3
Weighted Avg. Shares Outstanding Dil						7,039.4	7,436.8	7,509	7,595.7	7,571.4	7,572.3
EPS						0.8	1.2	1.2	2	1.4	0.6
EPS Diluted						0.8	1.2	1.2	2	1.4	0.6
EBITDA						7,646.5	11,702.5	13,998.3	13,598	12,694.6	9,818.8
Effective Tax Rate						11%	12.2%	11.3%	10%	10.9%	9%