Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002865.SZ
STRONG SELLHainan Drinda New Energy Technology Co., Ltd. · Technology · China · $2.6B · Avg Vol: $70M/d
COMPANY DESCRIPTION
Hainan Drinda New Energy Technology Co., Ltd. is a leading independent manufacturer of high-efficiency photovoltaic (PV) solar cells, specializing in N-type TOPCon and P-type PERC technologies. The company transitioned from automotive interior parts to become a pure-play solar cell leader, supplying major global solar module manufacturers. Its competitive moat is driven by rapid technology adoption, large-scale production efficiency, and industry-leading conversion efficiencies.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.7B | 2.7B | 1.5B | 1.1B | -13.0% | 1.1B | 1.3B | 1.9B | 28.9% |
| EPS | 0.53 | 0.56 | -0.38 | -0.79 | 5.5% | -0.71 | — | — | — |
| Shares | 197.9M | 227.4M | 229.2M | 292.6M | +47.9% | 229.2M | — | — | — |
| Debt | 423.7M | 489.7M | 697.7M | 770.8M | 22.1% | 882.0M | — | — | — |
| Equity | 154.8M | 693.6M | 572.5M | 539.0M | 51.6% | — | — | — | — |
| Op CF | 22.9M | 291.5M | 96.4M | -71.5M | 105.0% | -129.7M | — | — | — |
| Inv CF | -108.0M | -409.1M | -127.7M | -73.3M | — | — | — | — | — |
| Fin CF | 236.7M | 324.7M | 26.0M | 204.7M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 002865.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002865.SZ | Hainan Drinda New Energy Technology Co., Ltd.(you) | $2.6B | 2 | STRONG SELL |
| 300118.SZ | Risen Energy Co.,Ltd. | $2.0B | 8 | STRONG SELL |
| 002506.SZ | GCL System Integration Technology Co., Ltd. | $2.6B | 17 | STRONG SELL |
| 301658.SZ | Shenzhen SOFARSOLAR Co., Ltd. | $1.6B | 9 | STRONG SELL |
| 002459.SZ | JA Solar Technology Co., Ltd. | $3.9B | 12 | STRONG SELL |
| 3800.HK | GCL Technology Holdings Limited | $2.8B | 22 | SELL |
| 300393.SZ | Jolywood (Suzhou) Sunwatt Co.,Ltd. | $1.2B | 8 | STRONG SELL |
| 300080.SZ | Henan Yicheng New Energy Co., Ltd. | $1.0B | 9 | STRONG SELL |
| 600438.SS | Tongwei Co.,Ltd | $7.9B | 10 | STRONG SELL |
| 600732.SS | Shanghai Aiko Solar Energy Co.,Ltd. | $4.0B | 26 | SELL |
Peer medians: ROE 3.6% · P/E 68.0x · Gross margin 25.9%