What is TCL Zhonghuan Renewable Energy Technology Co.,Ltd.'s (002129.SZ) StockRank?

MoatMap's StockRank for TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) is 17/100, with a Strong Sell signal. This is a composite score combining Quality (14), Value (34), and Momentum (53) factor ranks across MoatMap's 20,000+ stock universe.

Does TCL Zhonghuan Renewable Energy Technology Co.,Ltd. have an economic moat?

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) has a Quality factor score of 14/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is TCL Zhonghuan Renewable Energy Technology Co.,Ltd. a buy, hold, or sell?

MoatMap's current signal for TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) is Strong Sell, based on a StockRank of 17/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is TCL Zhonghuan Renewable Energy Technology Co.,Ltd. in?

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) operates in the Technology sector, specifically the Semiconductor Equipment & Materials industry (China).

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002129.SZ

STRONG SELLREMOVE

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. · Technology · China · $6.2B · Avg Vol: $346M/d

StockRank

P/E (TTM)

—

ROE

-23.5%

D/E

1.6x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

TCL Zhonghuan is a major manufacturer of monocrystalline silicon wafers for solar energy. Despite the global energy transition, the solar wafer industry is plagued by severe overcapacity, price wars, and low return on capital, making it a commodity cyclical rather than a quality compounder.

COMPANY DESCRIPTION

TCL Zhonghuan Renewable Energy Technology Co., Ltd. manufactures monocrystalline silicon wafers for the solar photovoltaic and semiconductor industries. The company is a global market leader in solar wafers, renowned for its advanced G12 large-format wafer technology and highly automated smart factories. Its competitive moat is built on massive scale economies, technological leadership in silicon ingot pulling, and a strong global customer base.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	9.9B	8.7B	4.2B	4.3B	-24.3%
EPS	0.25	0.13	-0.36	-0.34	-49.7%
Shares	4.0B	4.0B	4.0B	4.0B	+0.0%
Debt	5.8B	6.7B	8.4B	8.5B	13.7%
Equity	5.6B	6.1B	4.6B	3.2B	-16.4%
Op CF	747.3M	765.6M	419.6M	169.0M	-39.1%
Inv CF	-2.4B	-1.6B	-1.1B	-961.3M	—
Fin CF	1.6B	695.5M	1.1B	317.8M	—

PRICE (1Y)-7.7%

SMA 50SMA 200

$1.39

RSI (14)

53.0

52W High

$1.75

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

-9.8%12.5

ROE

-23.5%8.5

GP/Assets

-3.9%1.1

Op. Margin

-17.5%12.5

FCF/Assets

-0.5%37.7

Piotroski

537.3

Int. Cover

-5.2x15.5

D/E Ratio

1.59x6.2

Current Ratio

1.05x11.7

Value

P/E (TTM)

—N/A

EV/EBITDA

89.1x12.3

P/FCF

—N/A

P/B

2.0x68.2

P/S

1.4x72.6

Div Yield

—N/A

Momentum

52W High %

79%71.2

RS 6M

3%63.9

SMA 50/200

1.01x40.3

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+93%51.3

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$6.2B

P/E (Forward)

-61.2x

Gross Margin

-15.4%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 002129.SZ are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
002129.SZ	TCL Zhonghuan Renewable Energy Technology Co.,Ltd.(you)	$6.2B	17	STRONG SELL
2631.HK	SICC Co., Ltd.	$6.7B	19	STRONG SELL
688757.SS	Wintech Nano (Suzhou) Co., Ltd.	$4.4B	20	SELL
688037.SS	KINGSEMI Co., Ltd.	$8.6B	24	SELL
300751.SZ	Suzhou Maxwell Technologies Co., Ltd.	$9.2B	29	SELL
688126.SS	National Silicon Industry Group Co., Ltd.	$16.6B	16	STRONG SELL
300323.SZ	BOE HC SemiTek Corporation	$3.8B	28	SELL
688048.SS	Suzhou Everbright Photonics Co., Ltd.	$10.7B	27	SELL
688361.SS	Skyverse Technology Co., Ltd.	$13.9B	24	SELL
688352.SS	Hefei Chipmore Technology Co.,Ltd.	$3.3B	27	SELL

Peer medians: ROE 3.9% · P/E 77.4x · Gross margin 26.0%

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) — Stock Score Summary

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) has a MoatMap StockRank of 17/100 based on Quality (14/100), Value (34/100), and Momentum (53/100) factor scores. The current signal is STRONG SELL. TCL Zhonghuan is a major manufacturer of monocrystalline silicon wafers for solar energy. Despite the global energy transition, the solar wafer industry is plagued by severe overcapacity, price wars, and low return on capital, making it a commodity cyclical rather than a quality compounder.

Key Financial Metrics

Price	$1.39
Market Cap	$6.2B
P/E (Forward)	-61.19
Price/Book	2.04
Return on Equity	-23.5%
Return on Invested Capital	-9.8%
Debt/Equity	159.32
Gross Margin	-15.4%
Operating Margin	-17.5%
Revenue Growth	7.3%
Free Cash Flow	$-12M

TCL Zhonghuan Renewable Energy Technology Co.,Ltd. operates in the Semiconductor Equipment & Materials industry, part of the Technology sector (China).

Frequently Asked Questions

What is TCL Zhonghuan Renewable Energy Technology Co.,Ltd.’s (002129.SZ) StockRank?: MoatMap’s StockRank for TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) is 17/100, with a Strong Sell signal. It is a composite of Quality (14), Value (34), and Momentum (53) factor ranks across MoatMap’s 20,000+ stock universe.
Does TCL Zhonghuan Renewable Energy Technology Co.,Ltd. have an economic moat?: TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) has a Quality factor score of 14/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is TCL Zhonghuan Renewable Energy Technology Co.,Ltd. a buy, hold, or sell?: MoatMap’s current signal for TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) is Strong Sell, based on a StockRank of 17/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is TCL Zhonghuan Renewable Energy Technology Co.,Ltd. in?: TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (002129.SZ) operates in the Technology sector, specifically the Semiconductor Equipment & Materials industry (China).