Loading…
Employees: 3,361
Size SolaX Power Network Technology (Zhejiang) (688717.SS) is a China Industrials company (Electrical Products) with a market value of $468M, the 4025th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥39.21 on 6 Nov 2026.
Performance Over six months the shares fell 67.8%, against -29.2% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 56.7% over the last twelve months (peer median +9.5%); the operating margin is -0.5% (peer median 1.4%).
Valuation It trades at 60.3× forward earnings against a peer median of 9.4× (most expensive of 9).
Capital Return on invested capital runs 5.1 points below its cost of capital (7.0% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.79B | CN¥4.06B | CN¥3.06B | CN¥4.44B | CN¥4.61B |
| Revenue growth | — | +33% | -31% | -4% | — |
| Gross profit | CN¥1.71B | CN¥1.22B | CN¥1.10B | CN¥1.66B | CN¥1.79B |
| EBITDA | n/a | -CN¥57.4M | CN¥213M | CN¥1.10B | CN¥1.24B |
| Net income | -CN¥89.7M | CN¥121M | CN¥204M | CN¥1.06B | CN¥1.13B |
| Free cash flow | -CN¥421M | -CN¥113M | CN¥345M | CN¥275M | CN¥648M |
| Capital expenditure | CN¥592M | CN¥450M | CN¥409M | CN¥359M | CN¥249M |
| Total debt | CN¥2.41B | CN¥1.31B | CN¥703M | CN¥68.3M | CN¥107M |
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.
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.
| Measure | 688717.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.7% | -10.9% | 4th highest of 21 |
| 6-month return | -67.8% | -29.2% | lowest of 21 |
| Distance from 52-week high | -75.0% | -46.1% | lowest of 21 |
| Revenue growth (TTM) | +56.7% | +9.5% | 3rd highest of 21 |
| Operating margin | -0.5% | 1.4% | 7th lowest of 21 |
| Forward P/E | 60.3× | 9.4× | most expensive of 9 |
| ROIC minus cost of capital | -5.1 pp | -4.3 pp | 10th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SolaX Power Network Technology (Zhejiang) 688717.SS | China | $468M | -68% | +57% | 0% | 60.3× | n/a | n/a |
| Transtech Optelecom Science 9963.HK | Hong Kong | $467M | +63% | +76% | -3% | n/a | 54.9% | -18.2% |
| Song Chuan Precision 7788.TW | Taiwan | $467M | +15% | +34% | 9% | 20.9× | n/a | n/a |
| Cheng Mei Materials Technology 4960.TW | Taiwan | $470M | -36% | -7% | -14% | n/a | n/a | n/a |
| Tianneng Power International 0819.HK | Hong Kong | $470M | -47% | +6% | 1% | 5.2× | -1.3% | -0.6% |
| Taier Heavy Industry 002347.SZ | China | $471M | -22% | -1% | -7% | n/a | 18.1% | +6.1% |
| Maxell 6810.T | Japan | $474M | +2% | +6% | 6% | 9.3× | -1.1% | -1.4% |
| Jiangsu Ruitai New Energy Materials 301238.SZ | China | $474M | -34% | +50% | -5% | n/a | n/a | n/a |
| Senci Electric Machinery 603109.SS | China | $460M | -33% | -3% | 4% | 9.5× | 18.1% | +13.4% |
| Shanghai XFH Technology 300890.SZ | China | $475M | -35% | +52% | 7% | 35.8× | n/a | n/a |
| Sinostar Cable 300933.SZ | China | $477M | -29% | +13% | 0% | n/a | n/a | n/a |
| Zhejiang Tengen Electrics 605066.SS | China | $477M | -21% | -3% | 0% | n/a | n/a | n/a |
| Sichuan Zhongguang Lightning Protection Technologies 300414.SZ | China | $478M | -31% | +21% | 3% | n/a | n/a | n/a |
| Daewon Cable 006340.KS | South Korea | $457M | -49% | +38% | 2% | n/a | n/a | n/a |
| Lanzhou Greatwall Electrcal 600192.SS | China | $453M | -17% | -6% | -23% | n/a | n/a | n/a |
| Anfu CE LINK 300787.SZ | China | $484M | -4% | +17% | -1% | n/a | n/a | n/a |
| Changzhou Xiangming Intelligent Drive System 301226.SZ | China | $450M | -29% | +4% | 1% | n/a | 38.8% | -1.6% |
| Nantong Xingqiu Graphite 688633.SS | China | $490M | -47% | +44% | 31% | 8.1× | -6.5% | +7.6% |
| SEMCNS 252990.KS | South Korea | $492M | -20% | +66% | 29% | 17.4× | 14.8% | +16.8% |
| Takaoka Toko 6617.T | Japan | $443M | -40% | +6% | 9% | 6.5× | 2.3% | +4.0% |
| Shanghai Morn Electric Equipment 002451.SZ | China | $443M | -30% | -4% | 2% | n/a | n/a | n/a |