Shenzhen Topray Solar Co., Ltd. Class A

Shenzhen Topray Solar Co., Ltd. Class A

SSZSE:002218
3.48
CNY
0.00
(0.00%)
-0.12EPS
5.41BMarket Cap

Total Valuation

CNY

As of June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A carries a market capitalization of 5.41B, placing it among publicly traded companies globally. Its enterprise value stands at 6.32B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap5.41B
Enterprise Value6.32B

Share Statistics

As of June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A has 1.41B shares outstanding.

Shares Outstanding1.41B

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 5.74, and the price-to-book ratio stands at 1.38.

PS Ratio5.74
PB Ratio1.38
P/TBV Ratio1.49

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 6.71 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 6.32B versus a market cap of 5.41B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales6.71

Financial Position

As of June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A maintains a current ratio of 3.04, meaning it holds 3.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 45.44, indicating elevated leverage, while an interest coverage ratio of -3.19 demonstrates limited ability to service its debt obligations.

Current Ratio3.04
Quick Ratio1.04
Debt / Equity45.44
Debt / EBITDA-10.04
Interest Coverage-3.19

Financial Efficiency

CNY

Over the twelve months ended June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A posted a negative return on equity (ROE) of -4.15, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -2.55, reflecting losses generated across the asset base. The company generates approximately 975,761.81 in revenue per employee across its workforce of 966.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.67 indicates how many times Shenzhen Topray Solar Co., Ltd. Class A sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-4.15
Return on Assets (ROA)-2.55
Revenue Per Employee975,761.81
Employee Count966.25
Inventory Turnover2.67

Taxes

CNY

Over the twelve months ended June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A recorded an income tax benefit of -34.63M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -201.97M and -167.34M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-34.63M

Stock Price Statistics

CNY

As of the close on October 23, 2026, Shenzhen Topray Solar Co., Ltd. Class A's stock has declined approximately 4.40% over the past 52 weeks. The 50-day moving average sits at 3.96, while the 200-day moving average is 4.89.

52-Week Price Change-4.40%
50-Day Moving Average3.96
200-Day Moving Average4.89

Income Statement

CNY

Over the twelve months ended June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A generated 942.83M in revenue and converted that into -167.34M in net income, yielding earnings per share of -0.12. EBITDA reached -177.07M, while operating income came in at -89.49M.

Revenue942.83M
Gross Profit119.36M
Operating Income-89.49M
Pretax Income-201.97M
Net Income-167.34M
EBITDA-177.07M
EBIT-177.07M
Earnings Per Share (EPS)-0.12

Balance Sheet

CNY

As of June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A holds 863.33M in cash and equivalents against 1.78B in total debt, resulting in a net debt position of 657.63M. Total book value stands at 3.91B, with working capital of 1.69B providing operational flexibility.

Cash & Cash Equivalents863.33M
Total Debt1.78B
Net Debt657.63M
Equity (Book Value)3.91B
Book Value Per Share2.78
Working Capital1.69B

Cash Flow

CNY

These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-22.12M

Margins

Over the twelve months ended June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A posted a gross margin of 12.66, reflecting its pricing power and cost economics. The operating margin of -9.49 and net profit margin of -17.75 provide insight into operational efficiency.

Gross Margin12.66
Operating Margin-9.49
Pretax Margin-21.42
Profit Margin-17.75
EBITDA Margin-18.78

Dividends & Yields

CNY

Over the twelve months ended June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A paid dividends of 0.03 per share. The dividend payout ratio of -22.43 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield reaches 7.60, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Shenzhen Topray Solar Co., Ltd. Class A shareholders.

Dividend Per Share0.03
Payout Ratio-22.43
Shareholder Yield7.60

Stock Splits

Shenzhen Topray Solar Co., Ltd. Class A's most recent stock split took place on July 6, 2017 with a 1:2 split ratio.

Last Split Date7/6/2017
Split Ratio1:2

Scores

As of June 30, 2026, Shenzhen Topray Solar Co., Ltd. Class A has an Altman Z-Score of 1.90, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.90