Solartech International Holdings Limited

Solartech International Holdings Limited

HHKEX:1166
0.26
HKD
-0.05
(-16.13%)
30.87MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
349.66
186.71
158.2
28.62
8.15
3.97
3.36
2.67
2.43
3.65
3.97
3.15
6.7
- -
Basic EPS, GAAP
-60.55
-128.82
-7.34
-13.55
-3.02
-0.63
-0.73
-2.55
-1.2
1.32
-0.86
-1.48
-0.75
- -
Free Cash Flow per Basic Share
-28.12
-31.17
-11.57
-8.87
-0.87
-0.94
-0.85
-0.94
-0.18
-0.03
-0.04
0.16
-0.07
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
666.57
388.71
72.83
27.04
14.43
12.57
11.91
9.45
8.57
10.11
9.18
7.49
6.74
6.48
Tangible Book Value per Share
256.9
179.77
35.52
15.12
8.92
11.66
10.61
8.61
4.97
5.41
5.07
4.16
6.74
6.48
Basic Weighted Avg Shares
2
3
5
27
91
112
118
119
119
119
119
119
119
123
Sales/Revenue/Turnover
613
602
813
782
741
443
395
317
288
433
472
374
796
- -
Operating Margin (%)
-16.11
-12.22
-9.66
-11.61
-13.19
-25.06
-16.69
-35.75
-23.91
-4.88
-2.35
-16.41
-3.41
- -
Depreciation Expense
31
27
29
25
19
21
20
17
16
11
7
6
5
- -
Net Income, GAAP
-106
-415
-38
-370
-275
-70
-86
-302
-142
156
-102
-176
-89
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
11.02
- -
- -
- -
- -
Profit Margin (%)
-17.32
-68.99
-4.64
-47.34
-37.11
-15.86
-21.66
-95.22
-49.35
36.1
-21.68
-47.08
-11.12
- -
Working Capital
234
192
332
367
331
309
247
142
121
68
64
9
-46
-67
LT Debt
- -
- -
- -
- -
97
- -
- -
14
69
22
314
134
107
98
Total Equity
1,895
1,495
1,674
1,545
1,423
1,470
1,400
1,114
1,009
1,199
1,089
888
799
767
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.09
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
11.93
- -
- -
- -
- -
Return on Common Equity (%)
-5.7
-24.5
-2.38
-23.11
-18.66
-4.85
-5.93
-23.86
-13.3
14.1
-8.93
-17.82
-10.48
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
ST Debt
159
158
132
LT Borrowings
127
106
98
LT Finance Leases
4
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
119
119
119
Market Capitalization
78
45
31

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
Total Current Assets
376
359
300
Cash, Cash Equivalents & STI
116
106
87
Accounts Receivable, Net
61
84
197
Inventories
32
25
16
Total Current Liabilities
377
405
367
Payables & Accruals
- -
- -
- -
ST Debt
159
158
132
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.58%
-5.66%
-10.07%
Free Cash Flow
-54.91%
-165.85%
-147.18%
Net Income, GAAP
65.08%
-81.11%
-49.78%
Sales/Revenue/Turnover
6.22%
28.39%
112.57%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
374
2024
- -
- -
796
2025
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.48
2024
- -
- -
-0.75
2025
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Lai Him Chau
Full Time Employees
270
Sector
Producer manufacturing
Industry
Electrical products
Address
Concordia Plaza Hong Kong Hong Kong
IPO Date
Dec 12, 1996
Website
1166hk.com
Business
Solartech International Holdings Limited (1166.HK) is an investment holding company principally engaged in the research, development, manufacture, and sale of solar energy products. The company offers a range of photovoltaic (PV) modules, including monocrystalline and polycrystalline silicon solar modules under its Solartech brand; solar cells; and related accessories such as inverters, mounting systems, and energy storage solutions. It provides engineering, procurement, and construction (EPC) services for solar power projects; operates solar power plants; and sells electricity generated from its facilities. Solartech serves residential, commercial, industrial, and utility-scale customers primarily in Mainland China, with additional operations in Hong Kong and select international markets. Founded in 2005 and headquartered in Dongguan, Guangdong Province, China, the company focuses on the renewable energy sector, emphasizing high-efficiency PV technologies and integrated solar solutions. In 2024, Solartech announced a strategic partnership with a leading battery manufacturer to enhance its energy storage offerings; completed the acquisition of a 100MW solar project in Inner Mongolia, expanding its power generation capacity; and launched a new series of bifacial PERC modules achieving over 22% efficiency, targeting export markets in Southeast Asia. These initiatives reflect the company's ongoing expansion into downstream power generation and advanced PV manufacturing amid China's push for carbon neutrality.