Who are Risen Energy's main competitors?

Named competitors: JA Solar Technology (002459.SZ), LONGi Green Energy (601012.SS), Trina Solar (688599.SS), Canadian Solar (CSIQ). The cockpit's measured peer set (industry) also includes Changzhou Fusion New Material (688503.SS), Shoals Technologies (SHLS), Greatek Electronics (2441.TW), Shanghai Anlogic Infotech (688107.SS), Shanghai New Vision Microelectronics (688593.SS), Shenzhen Injoinic Technology (688209.SS).

How has Risen Energy stock performed?

Over six months to 6 Nov 2026 the shares returned -42.1% against -19.0% for the median peer; over one year +0.7%.

← CockpitCompetitor Analysis › 300118.SZ Risen Energy Co., Ltd. Class AOpen in the cockpit ↗

Risen Energy Co., Ltd. Class A300118.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Semiconductors

Makes solar photovoltaic cells and modules for utility, commercial and residential installations worldwide.

≈ A mid-sized Chinese solar module manufacturer, akin to Canadian SolarMomentum strong 67

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.71B

US dollars, full cap

Free float

99%

of shares outstanding

$/day

$63.3M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-13.9 pp

WACC 8.1%

Hurdle

+43 pp

Req g minus delivered

Next earnings

171 days

26 Apr 2027

Close · CNYCN¥10.27

1D+15.3%

1W+33.7%

1M+17.9%

3M+0.9%

6M-42.1%

YTD-29.9%

1Y+0.7%

ATR %6.0%

52w lowhigh60.5% off high

What Risen Energy does

Makes solar photovoltaic cells and modules for utility, commercial and residential installations worldwide.

Sells modules priced per watt of generating capacity into a crowded market, so results hinge on the gap between module prices and the cost of cells, silicon and glass. It is moving to newer high-efficiency cell designs and adding overseas capacity to sell into markets that tax Chinese imports.

In one line: A mid-sized Chinese solar module manufacturer, akin to Canadian Solar.

Products and services

Solar modules
Solar cells
Silicon wafers/ingots

Customers

Utility-scale solar developers
Residential/commercial solar installers

Where it sits in the supply chain

Solar / renewable energy
Solar cell & module manufacturing
Ingot/wafer/cell/module

What could go right

Global solar installation growth
Overseas capacity to navigate tariffs

What could go wrong

Solar panel price deflation/overcapacity
Trade tariffs and anti-dumping duties

Moat: none (scale). Solar modules are a global commodity; margins are thin and cyclical regardless of scale.

Headquarters: Ningbo, China · Founded: 1986 · Employees: 5,516

Named competitors

Risen Energy at a glance

Size Risen Energy (300118.SZ) is a China Information Technology company (Semiconductors) with a market value of $1.71B, the 1465th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.27 on 6 Nov 2026.

Performance Over six months the shares fell 42.1%, against -19.0% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue fell 52.3% over the last twelve months (peer median +29.1%); the operating margin is -38.6% (peer median 7.5%).

Valuation It trades at 3.1× enterprise value to sales against a peer median of 3.9× (11th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 38% a year for seven years (Req g). Recent delivered growth is -5%, so the hurdle is +43 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 13.9 points below its cost of capital (8.1% WACC).

Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Risen Energy against the median of its 20 peers (local-currency closes).

Risen Energy financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥7.53B	CN¥12.6B	CN¥20.2B	CN¥35.3B	CN¥29.4B
Revenue growth	—	-38%	-43%	+20%	—
Gross profit	CN¥1.01B	-CN¥306M	CN¥828M	CN¥4.92B	CN¥2.90B
EBITDA	n/a	-CN¥95.2M	-CN¥40.2M	CN¥3.69B	CN¥1.81B
Net income	-CN¥3.31B	-CN¥2.83B	-CN¥3.44B	CN¥1.36B	CN¥935M
Free cash flow	CN¥220M	CN¥545M	-CN¥6.48B	-CN¥6.23B	CN¥1.00B
Capital expenditure	CN¥591M	CN¥873M	CN¥2.21B	CN¥4.60B	CN¥2.11B
Total debt	CN¥13.5B	CN¥16.5B	CN¥22.2B	CN¥25.1B	CN¥16.8B

Quarterly statements and history in the cockpit →

Risen Energy competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Risen Energy is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Risen Energy is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Risen Energy is the large dot.

Risen Energy competitors and peer comparison

Head to head with its named competitors (300118.SZ vs 002459.SZ vs 601012.SS vs 688599.SS)
Company	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g
Risen Energy 300118.SZ	$1.71B	-42%	-52%	-39%	3.1×	38.4%
JA Solar Technology 002459.SZ	$3.50B	-35%	-23%	n/a	1.5×	-20.3%
LONGi Green Energy Technology 601012.SS	$14.1B	-25%	-16%	-12%	1.4×	n/a
Trina Solar 688599.SS	$3.90B	-36%	-3%	-9%	0.9×	-4.3%
Canadian Solar CSIQ	$755M	-45%	-16%	-2%	1.7×	n/a

How Risen Energy compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Risen Energy against its 20 peers (data as of 6 Nov 2026)
Measure	300118.SZ	Peer median	Rank in peer set
1-month return	+17.9%	-20.4%	2nd highest of 21
6-month return	-42.1%	-19.0%	4th lowest of 21
Distance from 52-week high	-60.5%	-47.2%	6th lowest of 21
Revenue growth (TTM)	-52.3%	+29.1%	lowest of 21
Operating margin	-38.6%	7.5%	lowest of 21
EV / Sales	3.1×	3.9×	11th cheapest of 21
Growth the price implies (Req g, 7 yrs)	38.4%	10.5%	2nd most demanding of 8
Growth delivered (Del g)	-4.7%	+3.8%	2nd lowest of 8
Hurdle (Req g minus delivered)	+43.1 pp	+2.7 pp	most demanding of 8
ROIC minus cost of capital	-13.9 pp	-6.3 pp	2nd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Risen Energy 300118.SZ	China	$1.71B	-42%	-52%	-39%	3.1×	38.4%	-4.7%
Changzhou Fusion New Material 688503.SS	China	$1.71B	-53%	+41%	2%	1.0×	n/a	n/a
Shoals Technologies SHLS	United States	$1.70B	+14%	+49%	11%	2.9×	n/a	n/a
Greatek Electronics 2441.TW	Taiwan	$1.68B	+4%	+24%	21%	2.5×	1.6%	+2.7%
Shanghai Anlogic Infotech 688107.SS	China	$1.67B	-26%	+70%	-25%	11.1×	n/a	n/a
Shanghai New Vision Microelectronics 688593.SS	China	$1.76B	-22%	+7%	-4%	17.2×	n/a	n/a
Shenzhen Injoinic Technology 688209.SS	China	$1.64B	+5%	+13%	11%	5.8×	n/a	n/a
Aerospace Nanhu Electronic Information Technology 688552.SS	China	$1.64B	-19%	+19%	-6%	11.0×	35.8%	+1.0%
Tekscend Photomask 429A.T	Japan	$1.64B	-36%	+10%	22%	1.6×	6.4%	+8.7%
ams-OSRAM AMS.SW	Switzerland	$1.78B	-16%	-3%	8%	0.9×	n/a	n/a
Elite Semiconductor Microelectronics Technology 3006.TW	Taiwan	$1.79B	+14%	+273%	49%	0.7×	n/a	n/a
Thinkon Semiconductor Jinzhou 688233.SS	China	$1.62B	-11%	+12%	18%	22.0×	44.7%	+18.0%
NSING Technologies 300077.SZ	China	$1.61B	-32%	+47%	1%	6.5×	n/a	n/a
BOE HC SemiTek 300323.SZ	China	$1.81B	-38%	+23%	-8%	2.7×	n/a	n/a
Shanghai V-Test Semiconductor Tech 688372.SS	China	$1.82B	-53%	+53%	18%	7.5×	n/a	n/a
Taiwan Surface Mounting Technology 6278.TW	Taiwan	$1.60B	-2%	+5%	7%	0.8×	6.5%	+3.8%
Cohu COHU	United States	$1.82B	-22%	+34%	-2%	2.9×	21.5%	-6.6%
ISC 095340.KS	South Korea	$1.82B	-50%	+61%	30%	7.6×	10.5%	+12.6%
Wonik 030530.KS	South Korea	$1.59B	-14%	-14%	1%	4.8×	n/a	n/a
Emmvee Photovoltaic Power EMMVEE.NS	India	$1.84B	-5%	+116%	29%	3.0×	n/a	n/a
Jiangsu HHCK Advanced Materials 688535.SS	China	$1.58B	-19%	+154%	7%	11.2×	n/a	n/a

Questions

Who are Risen Energy's main competitors?: Named competitors: JA Solar Technology (002459.SZ), LONGi Green Energy (601012.SS), Trina Solar (688599.SS), Canadian Solar (CSIQ). The cockpit's measured peer set (industry) also includes Changzhou Fusion New Material (688503.SS), Shoals Technologies (SHLS), Greatek Electronics (2441.TW), Shanghai Anlogic Infotech (688107.SS), Shanghai New Vision Microelectronics (688593.SS), Shenzhen Injoinic Technology (688209.SS).
Is Risen Energy expensive compared with its peers?: On ev / sales it trades at 3.1× against a peer median of 3.9×, 11th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 38% a year for seven years (Req g). Recent delivered growth is -5%, so the hurdle is +43 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Risen Energy stock performed?: Over six months to 6 Nov 2026 the shares returned -42.1% against -19.0% for the median peer; over one year +0.7%.