SHENZHEN TOPRAYSOLAR Statistics

Total Valuation

SHE:002218 has a market cap or net worth of CNY 8.04 billion. The enterprise value is 8.94 billion.

Market Cap	8.04B
Enterprise Value	8.94B

Important Dates

The last earnings date was Thursday, April 23, 2026.

Earnings Date	Apr 23, 2026
Ex-Dividend Date	Jul 9, 2025

Share Statistics

SHE:002218 has 1.41 billion shares outstanding. The number of shares has increased by 4.82% in one year.

Current Share Class	1.41B
Shares Outstanding	1.41B
Shares Change (YoY)	+4.82%
Shares Change (QoQ)	+1.94%
Owned by Insiders (%)	1.92%
Owned by Institutions (%)	0.66%
Float	809.21M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	7.83
PB Ratio	2.03
P/TBV Ratio	2.18
P/FCF Ratio	31.51
P/OCF Ratio	28.46
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 43.98, with an EV/FCF ratio of 35.02.

EV / Earnings	-44.91
EV / Sales	8.70
EV / EBITDA	43.98
EV / EBIT	n/a
EV / FCF	35.02

Financial Position

The company has a current ratio of 2.15, with a Debt / Equity ratio of 0.48.

Current Ratio	2.15
Quick Ratio	1.80
Debt / Equity	0.48
Debt / EBITDA	9.07
Debt / FCF	7.49
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -4.88% and return on invested capital (ROIC) is -2.42%.

Return on Equity (ROE)	-4.88%
Return on Assets (ROA)	-1.14%
Return on Invested Capital (ROIC)	-2.42%
Return on Capital Employed (ROCE)	-2.32%
Weighted Average Cost of Capital (WACC)	6.55%
Revenue Per Employee	1.01M
Profits Per Employee	-195,493
Employee Count	1,018
Asset Turnover	0.15
Inventory Turnover	2.68

Taxes

Income Tax	-34.95M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +83.33% in the last 52 weeks. The beta is 0.70, so SHE:002218's price volatility has been lower than the market average.

Beta (5Y)	0.70
52-Week Price Change	+83.33%
50-Day Moving Average	6.22
200-Day Moving Average	4.69
Relative Strength Index (RSI)	45.85
Average Volume (20 Days)	115,521,274

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, SHE:002218 had revenue of CNY 1.03 billion and -199.01 million in losses. Loss per share was -0.14.

Revenue	1.03B
Gross Profit	85.95M
Operating Income	-121.45M
Pretax Income	-233.97M
Net Income	-199.01M
EBITDA	206.58M
EBIT	-121.45M
Loss Per Share	-0.14

Full Income Statement

Balance Sheet

The company has 1.02 billion in cash and 1.91 billion in debt, giving a net cash position of -895.53 million or -0.64 per share.

Cash & Cash Equivalents	1.02B
Total Debt	1.91B
Net Cash	-895.53M
Net Cash Per Share	-0.64
Equity (Book Value)	3.97B
Book Value Per Share	2.80
Working Capital	1.45B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 282.51 million and capital expenditures -27.33 million, giving a free cash flow of 255.18 million.

Operating Cash Flow	282.51M
Capital Expenditures	-27.33M
Depreciation & Amortization	328.03M
Net Borrowing	-200.63M
Free Cash Flow	255.18M
FCF Per Share	0.18

Full Cash Flow Statement

Margins

Gross margin is 8.37%, with operating and profit margins of -11.82% and -19.37%.

Gross Margin	8.37%
Operating Margin	-11.82%
Pretax Margin	-22.78%
Profit Margin	-19.37%
EBITDA Margin	20.11%
EBIT Margin	-11.82%
FCF Margin	24.84%

Dividends & Yields

This stock pays an annual dividend of 0.01, which amounts to a dividend yield of 0.19%.

Dividend Per Share	0.01
Dividend Yield	0.19%
Dividend Growth (YoY)	-50.00%
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-4.82%
Shareholder Yield	-4.63%
Earnings Yield	-2.47%
FCF Yield	3.17%

Dividend Details

Stock Splits

The last stock split was on July 6, 2017. It was a forward split with a ratio of 2.

Last Split Date	Jul 6, 2017
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	3