Xinyi Solar Holdings Limited / Fundamentals

    Income statement

    Net revenue
    €5.45B
    Cost of goods sold
    €4.29B
    Gross profit
    €1.17B
    SG&A expenses
    €192.64M
    R&D expenses
    €81.37M
    EBITDA
    €922.33M
    D&A
    €435.88M
    EBIT
    €896.87M
    Interest expenses
    €102.86M
    EBT
    €818.58M
    Tax expenses
    €154.48M
    Net income
    €564.16M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    -€156.35M
    Changes in working capital
    -€338.37M
    Operating cash flow
    €775.57M
    Capex
    €1.63B
    Other investing cash flow
    €73.86M
    Net investing cash flow
    -€1.57B
    Total cash dividends paid
    -€362.82M
    Issuance of common stock
    €5.66M
    Debt repayment
    €544.82M
    Other financing cash flow
    €136.90M
    Net financing cash flow
    €325.15M
    Foreign exchange effects
    -€7.64M
    Net change in cash
    -€695.71M
    Cash at end of period
    €98.96M
    Free cash flow
    €2.40B

    Balance sheet

    Cash and cash equivalents
    €98.96M
    Cash and short-term investments
    €121.79M
    Total receivables
    €1.62B
    Inventory
    €344.00M
    Other current assets
    €28.37M
    Total current assets
    €2.12B
    Property, plant & equipment
    €4.62B
    Goodwill
    €1.37M
    Intangible assets
    €51.67M
    Long-term investments
    €0.00
    Other non-current assets
    €49.68M
    Total non-current assets
    €4.74B
    Total assets
    €6.86B
    Accounts payable
    €418.98M
    Short-term debt
    €748.58M
    Other current liabilities
    €672.73M
    Total current liabilities
    €1.85B
    Long-term debt
    €762.24M
    Deferred tax liabilities
    €18.11M
    Other non-current liabilities
    €68.89M
    Total non-current liabilities
    €864.90M
    Total liabilities
    €2.71B
    Common stock
    €88.99M
    Retained earnings
    €2.19B
    Other equity
    €0.00
    Total equity
    €4.14B
    Total liabilities and shareholders' equity
    €6.86B

    Company information

    Market capitalization
    €2.38B
    Employees
    9.6K
    Enterprise Value
    €34.60B

    Company ratios

    Gross margin
    21.4% Worse than peer group: 30.7%
    EBITDA margin
    16.9% Much better than peer group: -98.6%
    EBIT margin
    16.4% Much better than peer group: -10.4%
    EBT margin
    15.0% Much better than peer group: -124.3%
    Net margin
    10.3% Much better than peer group: -114.5%
    ROE
    13.6% Much better than peer group: -18.1%
    ROA
    8.2% Better than peer group: -4.7%
    Asset turnover
    79.5% Better than peer group: 72.3%
    FCF margin
    -15.6% Better than peer group: -29.8%
    FCF yield
    -35.8%
    Efficiency ratio
    83.1%
    Net sales per employee
    €565.46K
    Net income per employee
    €58.49K

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