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Tongwei Co stock

600438.SS
CNE000001GS3

Price

22.83
Today +/-
+0.27
Today %
+9.50 %
P

Tongwei Co stock price

%
Weekly
Details

Price

Overview

The Quote Chart provides detailed and dynamic insights into the Tongwei Co stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Tongwei Co stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Tongwei Co stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Tongwei Co's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Tongwei Co Stock Price History

DateTongwei Co Price
9/30/202422.83 undefined
9/27/202420.76 undefined
9/26/202419.44 undefined
9/25/202418.34 undefined
9/24/202418.18 undefined
9/23/202417.43 undefined
9/20/202417.81 undefined
9/19/202418.56 undefined
9/18/202418.31 undefined
9/13/202418.60 undefined
9/12/202418.89 undefined
9/11/202419.01 undefined
9/10/202418.69 undefined
9/9/202418.96 undefined
9/6/202419.11 undefined
9/5/202419.37 undefined
9/4/202419.20 undefined
9/3/202419.00 undefined

Tongwei Co Revenue, EBIT, Net Income

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Tongwei Co, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Tongwei Co from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Tongwei Co’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Tongwei Co. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Tongwei Co’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Tongwei Co’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Tongwei Co’s growth potential.

Tongwei Co Revenue, EBIT and net profit per share

DateTongwei Co RevenueTongwei Co EBITTongwei Co Net Income
2028e215.23 B undefined27.8 B undefined18.26 B undefined
2027e207.85 B undefined25.14 B undefined14.31 B undefined
2026e171.12 B undefined12.48 B undefined7.44 B undefined
2025e150.87 B undefined8.78 B undefined3.54 B undefined
2024e117.85 B undefined2.45 B undefined-338.6 M undefined
2023139.1 B undefined27.35 B undefined13.57 B undefined
2022142.42 B undefined41.88 B undefined25.73 B undefined
202164.83 B undefined11.2 B undefined8.11 B undefined
202044.2 B undefined3.85 B undefined3.61 B undefined
201937.56 B undefined3.38 B undefined2.64 B undefined
201827.54 B undefined2.56 B undefined2.02 B undefined
201726.09 B undefined2.52 B undefined2.01 B undefined
201620.88 B undefined1.22 B undefined1.03 B undefined
201518.77 B undefined1.02 B undefined737 M undefined
201415.41 B undefined461 M undefined329 M undefined
201315.19 B undefined355 M undefined306 M undefined
201213.49 B undefined165 M undefined96 M undefined
201111.6 B undefined152 M undefined84 M undefined
20109.62 B undefined220 M undefined161 M undefined
200910.38 B undefined338 M undefined147 M undefined
200810.3 B undefined346 M undefined104 M undefined
20077.57 B undefined333 M undefined172 M undefined
20064.91 B undefined244 M undefined147 M undefined
20053.67 B undefined185 M undefined123 M undefined
20042.63 B undefined111 M undefined70 M undefined

Tongwei Co Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)EBIT (B)EBIT MARGIN (%)NET INCOME (B)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (B)DOCUMENTS
200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e2027e2028e
0.511.371.72.633.674.917.5710.310.389.6211.613.4915.1915.4118.7720.8826.0927.5437.5644.264.83142.42139.1117.85150.87171.12207.85215.23
-171.0123.6554.7439.6333.6154.2336.190.73-7.2820.5716.2912.591.4421.8311.2424.945.5336.3917.6946.67119.69-2.33-15.2828.0313.4221.473.55
18.5413.3911.079.5910.6510.769.468.639.148.827.308.439.7511.2615.2515.7019.4018.9018.6817.0225.3037.8425.50-----
0.090.180.190.250.390.530.720.890.950.850.851.141.481.742.863.285.065.217.017.5216.453.8935.4700000
0.060.080.080.110.190.240.330.350.340.220.150.170.360.461.021.222.522.563.383.8511.241.8827.352.458.7812.4825.1427.8
11.645.904.834.225.044.974.403.363.262.291.311.222.342.995.415.829.659.308.998.7117.2829.4119.662.085.827.3012.0912.92
0.050.050.040.070.120.150.170.10.150.160.080.10.310.330.741.032.012.022.643.618.1125.7313.57-0.343.547.4414.3118.26
-3.92-18.8762.7975.7119.5117.01-39.5341.359.52-47.8314.29218.757.52124.0139.0895.900.5530.5136.93124.75217.25-47.24-102.49-1,147.63110.0092.4727.57
----------------------------
----------------------------
0.90.90.91.381.381.381.381.381.381.381.381.381.631.631.633.183.883.883.884.264.54.694.7200000
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Details

Keystats

Revenue and Growth

The Tongwei Co Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Tongwei Co is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (B)RECEIVABLES (B)OTHER REC. (B)INVENTORIES (B)OTHER CURRENT LIAB. (B)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (B)GOODWILL (M)OTHER NON-CURRENT ASSETS (B)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (B)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (B)OTHER EQUITY (B)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (B)PROVISIONS (B)OTHER SHORT-TERM LIAB. (B)SHORT-TERM DEBTS (B)LONG-TERM DEBT PORTION (B)SHORT-TERM REC. (B)LONG-T. LIAB. (B)DEFERRED TAXES (B)OTHER LIAB. (B)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                             
0.10.110.190.450.220.170.370.580.420.270.380.731.081.451.73.652.923.412.697.83.0141.1129.46
0.010.010.020.010.020.260.340.420.430.380.30.360.340.380.540.580.791.171.672.063.635.17.55
0.060.010.010.010.020.020.060.050.060.060.140.080.190.131.041.221.052.316.5211.8414.7916.6817
0.080.140.230.240.330.580.670.531.010.840.950.941.041.11.041.381.771.592.422.775.68117.79
0.040.010.080.040.020.060.310.170.230.060.080.080.080.070.110.860.270.451.121.631.621.45
0.290.290.530.750.611.091.741.752.151.611.862.22.733.134.427.827.388.7513.7425.5928.7575.5163.24
0.160.310.370.390.650.961.812.842.911.621.631.8222.238.4610.4514.4525.3628.3633.5353.7663.9491.6
000057799612142630176294371397523700735724.84655.64645.29
00000000000000000000620.86129.05563.57
00.010.010.010.120.230.390.410.410.340.350.360.380.421.081.21.231.391.711.662.412.464.72
0000047951161057474747474666648639636636636746.57603.01477.15
000000.010.030.030.040.030.040.060.190.140.640.91.441.831.672.090.881.953.11
0.160.320.380.40.821.262.343.413.462.072.12.352.683.0511.1413.5818.1729.7433.0838.6659.1569.73101.12
0.460.60.91.151.432.354.085.165.613.683.964.545.416.1815.5521.425.5538.4846.8264.2587.9145.24164.36
                                             
0.110.110.110.170.170.340.690.690.690.690.690.690.820.820.823.883.883.883.884.54.54.54.5
0000.360.360.28000.020.050.050.050.470.462.015.735.715.715.6716.1116.1116.1416.14
0.060.110.160.10.170.230.280.380.530.650.730.791.031.111.832.093.785.187.210.0116.6638.2939.06
0000000-0.01-0.01-0.02-0.04-0.04-0.05-0.05-0.05-0.02-0.04-0.040.82-0.07-0.091.851.82
000000000000000000007.126.6510.87
0.170.230.270.640.70.850.971.071.231.361.421.482.272.334.611.6813.3414.7417.5830.5437.1860.861.53
0.020.040.070.090.10.250.470.470.580.470.580.470.730.560.931.621.874.133.613.928.1511.0217.38
0.050.050.030.050.070.120.310.40.170.070.01-0.040.10.150.310.320.690.730.820.881.874.063.18
0.020.020.020.060.070.130.140.10.10.120.270.470.570.731.931.351.461.842.354.755.5510.656.56
0.190.10.1100.190.621.321.871.990.950.940.950.921.573.153.365.0710.5510.1111.7611.348.9410.4
0000.040.10.20.10.130.070.330.190.360.150.020.691.270.221.510.961.081.451.691.83
0.270.20.240.240.531.322.332.952.921.9422.22.463.0277.929.318.7617.8422.3828.3636.3639.34
00.160.380.250.1600.230.470.840.220.380.720.530.652.431.452.264.1110.29.231629.5743.56
000000000.010000.0100.070.040.020.040.140.310.681.222.03
0000000.150.250.230.120.140.120.130.110.160.180.270.350.550.781.554.855.61
00.160.380.250.1600.380.711.080.350.520.850.660.762.661.682.554.510.8910.3318.2335.6451.19
0.270.360.620.490.681.322.713.663.992.292.523.053.123.789.669.611.8523.2628.7332.7146.597290.53
0.450.590.881.131.392.173.684.735.223.653.944.535.396.1114.2721.2725.183846.3163.2583.78132.8152.06
Details

Balance Sheet

Understanding the Balance Sheet

The balance sheet of Tongwei Co provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Tongwei Co's financial health and stability.

Assets

Tongwei Co's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Tongwei Co must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Tongwei Co after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Tongwei Co's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (B)DEPRECIATION (B)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (B)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (B)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (B)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (B)CASH FLOW FROM OTHER FINANCING ACTIVITIES (B)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (B)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
20032004200520062007200820092010201120122013201420152016201720182019202020212022
000000000000000000032.37
00000000000000000005.42
00000000000000000080-441
-55-65-98-134-176-210-104-149-154-996-1,101-1,223-1,614-1,705-1,657-1,998-2,571-2,683-3,049-5,433
00000000000000000005.11
00000000000000000000
-23-23-47-67-118-134-170-58-65-74-93-120-128-251-526-756-680-286-1,206-8,016
-0.050.250.170.040.390.510.260.20.310.380.830.581.922.433.033.12.363.027.4743.82
-84-78-312-371-665-1,076-415-305-222-431-423-466-1,514-3,559-4,328-7,124-4,208-5,486-13,831-15,217
-83-78-470-402-774-1,304-42840-181-400-504-489-1,464-4,393-4,098-6,441-4,290-4,740-13,447-20,806
10-158-31-108-228-133464130-81-2350-833230682-82746384-5,588
00000000000000000000
0.23-0.20.150.350.460.690.5-0.220.070.49-0.450.64-0.260.5414.774.121.293.8614.37
00000000000000000000
0.210.090.080.310.530.850.11-0.31-0.020.36-0.070.29-0.784.190.253.281.445.82.99.25
0.010.430.0100.190.33-0.210.010.010.010.550.020.054.04-0.11-0.57-1.575.740.55-0.42
-27-146-84-41-124-170-178-108-101-140-165-365-564-383-635-923-1,100-1,234-1,508-4,706
0.10.590.090.20.840.90.480.340.631.792.272.313.346.634.375.795.1210.048.6589.56
-135.6167.8-144.5-326.6-270.5-570.5-151-103.183.5-51.6403.5113.5401.6-1,128.2-1,302.5-4,024.8-1,850.7-2,461.7-6,356.8528,599.99
00000000000000000000

Tongwei Co stock margins

The Tongwei Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tongwei Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Tongwei Co.
  • 3 years

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Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Tongwei Co's sales revenue. A higher gross margin percentage indicates that the Tongwei Co retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Tongwei Co's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Tongwei Co's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Tongwei Co's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Tongwei Co. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Tongwei Co's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Tongwei Co Margin History

Tongwei Co Gross marginTongwei Co Profit marginTongwei Co EBIT marginTongwei Co Profit margin
2028e25.5 %12.92 %8.48 %
2027e25.5 %12.09 %6.89 %
2026e25.5 %7.3 %4.35 %
2025e25.5 %5.82 %2.35 %
2024e25.5 %2.08 %-0.29 %
202325.5 %19.66 %9.76 %
202237.84 %29.41 %18.06 %
202125.3 %17.28 %12.51 %
202017.02 %8.71 %8.16 %
201918.68 %8.99 %7.02 %
201818.9 %9.3 %7.33 %
201719.4 %9.65 %7.7 %
201615.7 %5.82 %4.91 %
201515.25 %5.41 %3.93 %
201411.26 %2.99 %2.14 %
20139.75 %2.34 %2.01 %
20128.43 %1.22 %0.71 %
20117.3 %1.31 %0.72 %
20108.82 %2.29 %1.67 %
20099.14 %3.26 %1.42 %
20088.63 %3.36 %1.01 %
20079.46 %4.4 %2.27 %
200610.76 %4.97 %3 %
200510.65 %5.04 %3.35 %
20049.59 %4.22 %2.66 %

Tongwei Co Stock Sales Revenue, EBIT, Earnings per Share

The Tongwei Co earnings per share therefore indicates how much revenue Tongwei Co has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 years

  • 5 years

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  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Tongwei Co earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Tongwei Co's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Tongwei Co’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Tongwei Co's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Tongwei Co Revenue, EBIT and net profit per share

DateTongwei Co Sales per ShareTongwei Co EBIT per shareTongwei Co Earnings per Share
2028e48.34 undefined0 undefined4.1 undefined
2027e46.68 undefined0 undefined3.21 undefined
2026e38.43 undefined0 undefined1.67 undefined
2025e33.88 undefined0 undefined0.8 undefined
2024e26.47 undefined0 undefined-0.08 undefined
202329.45 undefined5.79 undefined2.87 undefined
202230.39 undefined8.94 undefined5.49 undefined
202114.4 undefined2.49 undefined1.8 undefined
202010.37 undefined0.9 undefined0.85 undefined
20199.67 undefined0.87 undefined0.68 undefined
20187.09 undefined0.66 undefined0.52 undefined
20176.72 undefined0.65 undefined0.52 undefined
20166.56 undefined0.38 undefined0.32 undefined
201511.49 undefined0.62 undefined0.45 undefined
20149.43 undefined0.28 undefined0.2 undefined
20139.3 undefined0.22 undefined0.19 undefined
20129.81 undefined0.12 undefined0.07 undefined
20118.44 undefined0.11 undefined0.06 undefined
20107 undefined0.16 undefined0.12 undefined
20097.55 undefined0.25 undefined0.11 undefined
20087.49 undefined0.25 undefined0.08 undefined
20075.5 undefined0.24 undefined0.13 undefined
20063.57 undefined0.18 undefined0.11 undefined
20052.67 undefined0.13 undefined0.09 undefined
20041.91 undefined0.08 undefined0.05 undefined

Tongwei Co business model

Tongwei Co. Ltd is a Chinese company that was founded in 1984. It is now a leader in the production of solar cells and animal feed. The company is headquartered in Chengdu, the capital of Sichuan province in China. History: Tongwei was originally established as an agricultural company. In 1993, the company started to transition into the production of trout-based animal feed, quickly becoming one of the largest animal feed producers in China. In 2005, Tongwei entered the photovoltaic industry and has since been successfully producing solar cells. Business model: Tongwei is a diversified company involved in various business sectors. The company is engaged in the manufacturing of animal feed and solar cells, as well as the production of chemicals and other materials used as raw materials by other companies. Different divisions: Tongwei operates with more than ten subsidiaries and production facilities worldwide. It is involved in the production of pigments and dyes, as well as the manufacturing of barium chloride and methyl acetate. Additionally, the company also produces carbon and aluminum foils. Products: In its animal feed production, Tongwei offers feed specifically tailored to the needs of trout, pigs, and poultry. Tongwei's solar cell production has become one of its most significant business sectors in recent years. The company produces monocrystalline and polycrystalline solar cells, as well as solar modules. In 2018, Tongwei became the second-largest solar cell manufacturer in the world with a production volume exceeding 15 GW. Future prospects: Tongwei plans to continue investing in the photovoltaic industry and significantly increase its production capacity in the coming years. The company aims to increase its global share in solar cell production to 20% and contribute to the development of a more sustainable future. To summarize, Tongwei is a diversified company that successfully brings its experience in animal feed production into the solar cell industry. The company is committed to further investment in renewable energy to shape a greener future. Only the answer in the output. Tongwei Co is one of the most popular companies on Eulerpool.com.

Tongwei Co SWOT Analysis

Strengths

Tongwei Co Ltd is a recognized market leader in the [insert specific industry/market segment]. Its superior products, extensive distribution network, and strong brand presence contribute to its market dominance and competitive advantage.

Tongwei Co Ltd boasts a robust financial performance, characterized by steady revenue growth, healthy profit margins, and efficient cost management. Its strong financial position enables the company to invest in research and development, expand operations, and seize new market opportunities.

Weaknesses

Tongwei Co Ltd's dependency on a single market or segment poses a potential risk to its business. Any downturn, saturation, or disruption in the market could significantly impact the company's revenue and profitability. Diversification strategies may mitigate this weakness.

The company heavily relies on a limited number of key suppliers for critical raw materials or components. Any disruption or breakdown in the supply chain may lead to production delays, increased costs, or compromised product quality. Strengthening supplier relationships or identifying alternative suppliers could help address this vulnerability.

Opportunities

Tongwei Co Ltd can tap into new international markets to expand its customer base and increase revenue. Exploring emerging economies or strategic partnerships with overseas companies can provide access to untapped markets and broader growth opportunities.

The increasing global focus on renewable energy presents a significant growth opportunity for Tongwei Co Ltd. The company can leverage its expertise and existing capabilities to capitalize on the growing demand for solar power solutions, energy storage systems, or other renewables-related products and services.

Threats

Tongwei Co Ltd operates in a highly competitive industry with numerous established competitors and potential new entrants. Market share erosion, pricing pressures, or technological advancements by competitors pose a threat to the company. Continuous innovation, differentiation, and strong customer relationships can help mitigate this risk.

Changes in government regulations, environmental policies, or trade barriers can significantly impact Tongwei Co Ltd's operations, particularly if they restrict market access, increase compliance costs, or impose new limitations on product development. The company must closely monitor and adapt to evolving regulatory landscapes to mitigate potential negative effects.

Tongwei Co Eulerpool Fair Value

Details

Fair Value

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Tongwei Co historical P/E ratio, EBIT multiple, and P/S ratio

Tongwei Co shares outstanding

The number of shares was Tongwei Co in 2023 — This indicates how many shares 4.723 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
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Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Tongwei Co earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Tongwei Co's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Tongwei Co’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Tongwei Co's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Tongwei Co stock splits

In Tongwei Co's history, there have been no stock splits.

Tongwei Co dividend history and estimates

In 2023, Tongwei Co paid a dividend amounting to 2.86 CNY. Dividend means that Tongwei Co distributes a portion of its profits to its owners.
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Dividend
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Dividend

Dividend Overview

The dividend per year chart for Tongwei Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Tongwei Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Tongwei Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Tongwei Co Dividend History

DateTongwei Co Dividend
2028e3.87 undefined
2027e3.87 undefined
2026e3.87 undefined
2025e3.87 undefined
2024e3.88 undefined
20232.86 undefined
20220.91 undefined
20210.24 undefined
20200.19 undefined
20190.16 undefined
20180.16 undefined
20170.08 undefined
20160.06 undefined
20150.16 undefined
20140.24 undefined
20130.08 undefined
20120.05 undefined
20070.02 undefined
20060.01 undefined
20050.14 undefined

Tongwei Co dividend payout ratio

In 2023, Tongwei Co had a payout ratio of 17.29%. The payout ratio indicates the percentage of the company's profits that Tongwei Co distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Tongwei Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Tongwei Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Tongwei Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Tongwei Co Payout Ratio History

DateTongwei Co Payout ratio
2028e16.46 %
2027e16.29 %
2026e16.54 %
2025e16.56 %
2024e15.76 %
202317.29 %
202216.62 %
202113.38 %
202021.88 %
201923.53 %
201830.77 %
201715.38 %
201618.75 %
201535.56 %
2014120 %
201342.11 %
201268.57 %
201117.29 %
201017.29 %
200917.29 %
200817.29 %
200712.31 %
200610.18 %
2005155.56 %
200417.29 %
Unfortunately, there are currently no price targets and forecasts available for Tongwei Co.

Tongwei Co latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
3/31/20240.73 -0.17  (-124.03 %)2024 Q1
12/31/20230.4 -0.78  (-294.22 %)2023 Q4
9/30/20231.06 0.63  (-40.8 %)2023 Q3
6/30/20231.21 0.96  (-21.37 %)2023 Q2
3/31/20231.05 1.79  (70.13 %)2023 Q1
12/31/20221.2 0.87  (-27.36 %)2022 Q4
9/30/20221.82 2.21  (21.17 %)2022 Q3
6/30/20221.33 1.46  (9.89 %)2022 Q2
3/31/20220.37 1.15  (208.79 %)2022 Q1
12/31/20210.57 0.5  (-12.02 %)2021 Q4
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Eulerpool ESG Scorecard© for the Tongwei Co stock

Eulerpool World ESG Rating (EESG©)

82/ 100

🌱 Environment

99

👫 Social

99

🏛️ Governance

49

Environment

Scope 1 - Direct Emissions
1,212,243.29
Scope 2 - Indirect emissions from purchased energy
13,980,776.04
Scope 3 - Indirect emissions within the value chain
50,902,399.97
Total CO₂ emissions
15,193,019.33
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees25.027
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Tongwei Co shareholders

%
Name
Stocks
Change
Date
44.33296 % Tongwei Group Co., Ltd.1,974,022,51509/30/2023
1.71805 % China Life Asset Management Company Limited76,499,84009/30/2023
1.00148 % Foresight Fund Management Company44,592,9353,947,8359/30/2023
0.98432 % China Merchants Fund Management Co. Ltd.43,829,23209/30/2023
0.78990 % JPMorgan Asset Management (Asia Pacific) Limited35,172,1631,007,2633/31/2024
0.70167 % Huatai-PineBridge Fund Management Co., Ltd.31,243,415871,0569/30/2023
0.67554 % Yang (Lin)30,080,000-520,6009/30/2023
0.58035 % China Asset Management Co., Ltd.25,841,508-12,882,2419/30/2023
0.56864 % Tianhong Asset Management Co., Ltd.25,319,801337,0009/30/2023
0.53042 % J.P. Morgan Asset Management (Singapore) Limited23,617,913-5,720,6008/31/2022
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Tongwei Co Executives and Management Board

Mr. Bin Li57
Tongwei Co Vice President
Compensation 86.53 M
Mr. Jufu Gan52
Tongwei Co Executive Officer
Compensation 24.83 M
Mr. Bin Zhou55
Tongwei Co Chief Financial Officer
Compensation 6.15 M
Mr. Hanyuan Liu58
Tongwei Co Director (since 2000)
Compensation 4.67 M
Mr. Guoqiang Xing60
Tongwei Co Chief Technology Officer - PV
Compensation 4.45 M
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Tongwei Co Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
SupplierCustomer0,970,970,800,800,870,91
SupplierCustomer0,950,900,680,630,820,76
SupplierCustomer0,940,890,770,620,660,49
SupplierCustomer0,940,920,790,740,810,86
SupplierCustomer0,940,940,630,740,800,84
SupplierCustomer0,920,350,510,480,220,19
SupplierCustomer0,900,850,840,46-0,260,57
SupplierCustomer0,850,740,320,650,460,71
SupplierCustomer0,82-0,05-0,03-0,160,180,21
SupplierCustomer0,790,100,170,500,680,88
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Most common questions regarding Tongwei Co

What values and corporate philosophy does Tongwei Co represent?

Tongwei Co Ltd represents strong values and a clear corporate philosophy. With a focus on innovation and sustainability, Tongwei is committed to providing high-quality products and services in the field of new energy. The company emphasizes technological advancement, aiming to deliver efficient and eco-friendly solutions. Tongwei also prioritizes customer satisfaction, ensuring exceptional experiences through reliable operations and continuous improvement. By adhering to their core values of integrity, unity, and efficiency, Tongwei Co Ltd strives to make a positive impact in the renewable energy sector.

In which countries and regions is Tongwei Co primarily present?

Tongwei Co Ltd is primarily present in China, with a strong domestic market presence. In addition, the company has expanded its operations internationally, with a significant presence in countries such as Vietnam, Thailand, Myanmar, Mexico, and Mozambique. Tongwei Co Ltd continues to explore new opportunities and partnerships in various regions to further strengthen its global footprint and enhance its market position.

What significant milestones has the company Tongwei Co achieved?

Tongwei Co Ltd has achieved several significant milestones throughout its history. One noteworthy accomplishment is its continuous growth in the solar industry. The company has become one of the leading suppliers of solar materials, contributing to the development of renewable energy worldwide. Tongwei Co Ltd has also received numerous accolades, including being ranked as one of the top photovoltaic companies globally. Additionally, the company has expanded its operations internationally, establishing strategic partnerships and joint ventures to tap into new markets. With its relentless pursuit of innovation and dedication to sustainability, Tongwei Co Ltd aims to further solidify its position as a prominent player in the renewable energy sector.

What is the history and background of the company Tongwei Co?

Tongwei Co Ltd is a leading company in the solar energy industry. Established in 1993, Tongwei has a rich history and strong background in the production of photovoltaic products. With its headquarters in Chengdu, China, Tongwei has expanded its operations globally, becoming a key player in both the domestic and international solar markets. The company has diversified its business to cover various aspects of the solar industry, including solar cell and module manufacturing, as well as the development of solar power projects. Tongwei Co Ltd is committed to sustainable energy solutions, driving the growth of renewable energy and contributing to a greener future.

Who are the main competitors of Tongwei Co in the market?

The main competitors of Tongwei Co Ltd in the market are company A, company B, and company C. These competitors are also engaged in the [industry or sector] and offer similar products and services as Tongwei Co Ltd. With its strong industry presence, Tongwei Co Ltd competes against these companies by leveraging its unique strengths such as [mention strengths]. Despite facing competition, Tongwei Co Ltd has managed to establish a significant market position and continues to thrive in the [industry or sector].

In which industries is Tongwei Co primarily active?

Tongwei Co Ltd is primarily active in the industries of clean energy and high-tech agriculture. As a leading company in the solar photovoltaic industry, Tongwei focuses on the manufacturing and distribution of solar cells, modules, and other related products. Moreover, Tongwei has also expanded its presence in the high-tech agriculture industry, specializing in aquaculture and feed production. With a strong commitment to sustainable development, Tongwei is driving innovation and contributing to the global efforts towards renewable energy and modern agricultural practices.

What is the business model of Tongwei Co?

Tongwei Co Ltd operates with a vertically integrated business model. It focuses on developing and manufacturing high-quality polysilicon, photovoltaic cell modules, and related materials. Additionally, Tongwei engages in the operation and management of solar power plants. As a leading company in the solar industry, Tongwei Co Ltd strives to provide sustainable and clean energy solutions worldwide. By integrating various aspects of the solar supply chain, Tongwei aims to enhance efficiency and deliver reliable products to meet the growing demands of the renewable energy market.

What is the P/E ratio of Tongwei Co 2024?

The Tongwei Co P/E ratio is -318.48.

What is the P/S ratio of Tongwei Co 2024?

The Tongwei Co P/S ratio is 0.92.

What is the AlleAktien quality score of Tongwei Co?

The AlleAktien quality score for Tongwei Co is 9/10.

What is the revenue of Tongwei Co 2024?

The expected Tongwei Co revenue is 117.85 B CNY.

How high is the profit of Tongwei Co 2024?

The expected Tongwei Co profit is -338.6 M CNY.

What is the business model of Tongwei Co

Tongwei Co. Ltd is a Chinese company specializing in the production of solar cells, aquaculture, animal feed, and commodity trading. The company was founded in 1984 and is headquartered in Chengdu, Sichuan.

What is the Tongwei Co dividend?

Tongwei Co pays a dividend of 0.91 CNY distributed over payouts per year.

How often does Tongwei Co pay dividends?

The dividend cannot currently be calculated for Tongwei Co or the company does not pay out a dividend.

What is the Tongwei Co ISIN?

The ISIN of Tongwei Co is CNE000001GS3.

What is the Tongwei Co ticker?

The ticker of Tongwei Co is 600438.SS.

How much dividend does Tongwei Co pay?

Over the past 12 months, Tongwei Co paid a dividend of 2.86 CNY . This corresponds to a dividend yield of about 12.52 %. For the coming 12 months, Tongwei Co is expected to pay a dividend of 3.87 CNY.

What is the dividend yield of Tongwei Co?

The current dividend yield of Tongwei Co is 12.52 %.

When does Tongwei Co pay dividends?

Tongwei Co pays a quarterly dividend. This is distributed in the months of June, June, June, July.

How secure is the dividend of Tongwei Co?

Tongwei Co paid dividends every year for the past 17 years.

What is the dividend of Tongwei Co?

For the upcoming 12 months, dividends amounting to 3.87 CNY are expected. This corresponds to a dividend yield of 16.94 %.

In which sector is Tongwei Co located?

Tongwei Co is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Tongwei Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongwei Co from 6/14/2024 amounting to 0.905 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Tongwei Co pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Tongwei Co in the year 2023?

In the year 2023, Tongwei Co distributed 0.912 CNY as dividends.

In which currency does Tongwei Co pay out the dividend?

The dividends of Tongwei Co are distributed in CNY.

All fundamentals about Tongwei Co

Our stock analysis for Tongwei Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tongwei Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.