1. China Stocks

  2. •

    Electronic technology

  3. •

    Electronic components
Comtec Solar Systems Group Ltd.

Comtec Solar Systems Group Ltd.

HHKEX:712
0.05
HKD
+0.00
(-5.66%)
105.99MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.87
2.64
3.14
2.24
1.14
0.3
0.16
0.08
0.07
0.05
0.17
0.16
0.21
- -
Basic EPS, GAAP
-0.41
-0.26
-1.25
-2.78
-0.33
-0.32
-0.22
-0.09
-0.07
-0.07
0.05
-0.05
-0.06
- -
Free Cash Flow per Basic Share
-0.66
-0.89
0.12
0.11
-0.4
-0.09
- -
-0.02
- -
0.17
-0.03
-0.01
-0.06
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.58
4.35
3.27
0.54
0.44
0.1
-0.05
-0.12
-0.14
-0.21
-0.15
-0.16
-0.22
-0.16
Tangible Book Value per Share
4.58
4.35
3.27
0.22
0.11
-0.03
-0.06
-0.13
-0.15
-0.21
-0.15
-0.16
-0.22
-0.16
Basic Weighted Avg Shares
327
344
348
362
430
566
566
716
777
792
847
1,035
1,060
1,034
Sales/Revenue/Turnover
937
907
1,091
810
489
173
93
55
55
37
145
163
221
- -
Operating Margin (%)
1.67
-2.35
-20.69
-45.17
-15.55
-59.69
-78.9
-61.12
-63.53
-80.41
-9.25
-14.74
-2.62
- -
Depreciation Expense
82
80
74
60
39
33
22
14
20
14
9
6
2
- -
Net Income, GAAP
-133
-90
-435
-1,007
-140
-180
-122
-66
-53
-56
44
-48
-64
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-14.2
-9.98
-39.84
-124.32
-28.68
-104.21
-131.2
-119.43
-97.02
-150.26
30.73
-29.65
-28.73
- -
Working Capital
399
343
-34
-29
-101
-177
-189
-291
-313
-192
-157
-176
-251
-176
LT Debt
8
3
- -
- -
12
87
88
20
15
25
46
43
36
43
Total Equity
1,525
1,515
1,137
210
242
58
-32
-89
-113
-164
-134
-160
-224
-160
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-8.9
-5.95
-32.79
-149.53
-63.31
-124.91
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
40
68
78
LT Borrowings
34
37
35
LT Finance Leases
11
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
902
1,060
1,060
Market Capitalization
123
144
100

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
132
100
83
Cash, Cash Equivalents & STI
18
9
9
Accounts Receivable, Net
47
20
13
Inventories
2
2
1
Total Current Liabilities
289
258
259
Payables & Accruals
- -
- -
- -
ST Debt
40
68
78
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.56%
22.52%
39.44%
Free Cash Flow
1,437.16%
2,955.84%
451.55%
Net Income, GAAP
-37.58%
-74.25%
31.36%
Sales/Revenue/Turnover
8.82%
61.05%
35.59%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
145
2024
- -
- -
163
2025
- -
- -
221

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
-0.05
2025
- -
- -
-0.06

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Yi Zhang John
Full Time Employees
67
Sector
Electronic technology
Industry
Electronic components
Address
No. 2, Hongyang Road Changzhou JS China
IPO Date
Oct 30, 2009
Website
comtecsolar.com
Similar Companies
Corning Incorporated (NYSE:GLW)
Taiyo Yuden Co., Ltd. (TSE:6976)
Celestica, Inc. (NYSE:CLS)
Amphenol Corporation (NYSE:APH)
IBIDEN CO., LTD. (TSE:4062)
Vicor Corporation (NASDAQ:VICR)
Business
Comtec Solar Systems Group Limited Comtec Solar Systems Group Limited (0712.HK) is an investment holding company engaged in the solar and power storage business along with logistics services. The company researches, produces, and sells mono-crystalline solar ingots and wafers; provides consulting services for investment, engineering, procurement, construction, development, and operation of solar photovoltaic power stations; offers solar engineering, procurement, and construction (EPC) services; polysilicon products; pseudo square bricks; and trades solar-related parts, equipment, and products. It also researches, develops, designs, integrates, and sells lithium battery management systems and battery systems for electric vehicle and power storage customers; produces and sells power storage products; operates rooftop distributed power generation projects in industrial, commercial, and residential buildings; and generates solar power through 11 existing projects. In addition, Comtec Solar provides logistics services to factories, manufacturers, and raw material providers, including sourcing, invoicing, and support services for group companies, with operations in the People's Republic of China and Hong Kong. Founded in 1999 and headquartered in Changzhou, China, the company targets energy storage, renewable energy, and logistics sectors, serving customers in electric vehicles, power storage, and industrial applications. Recent developments include the planned acquisition of Changzhou Zhilian Cloud Technology Company Limited to enhance logistics capabilities with transportation management systems, IoT products, and one-stop solutions, expected to complete in the second half of 2024; completion of subscription agreements in February 2024 for capital raising; ongoing investments through its subsidiary Comtec Energy Storage Technology (Liaoning) Limited in equity interests such as 15% in Shenyang Guoyun for energy storage technology; strategic cooperation under a 2021 framework agreement with Jiangsu Changzhou Tianning Economic Development Zone Management Committee for EPC business expansion via partnerships; and updates on debt acquisition and settlement plans as of November 2025 to address liquidity pressures.