What is Hongyuan Green Energy Co., Ltd.'s (603185.SS) StockRank?

MoatMap's StockRank for Hongyuan Green Energy Co., Ltd. (603185.SS) is 5/100, with a Strong Sell signal. This is a composite score combining Quality (21), Value (46), and Momentum (15) factor ranks across MoatMap's 20,000+ stock universe.

Does Hongyuan Green Energy Co., Ltd. have an economic moat?

Hongyuan Green Energy Co., Ltd. (603185.SS) has a Quality factor score of 21/100. 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 Hongyuan Green Energy Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Hongyuan Green Energy Co., Ltd. (603185.SS) is Strong Sell, based on a StockRank of 5/100. 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 Hongyuan Green Energy Co., Ltd. in?

Hongyuan Green Energy Co., Ltd. (603185.SS) operates in the Industrials sector, specifically the Specialty Industrial Machinery industry (China).

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603185.SS

STRONG SELLREMOVE

Hongyuan Green Energy Co., Ltd. · Industrials · China · $1.9B · Avg Vol: $52M/d

StockRank

P/E (TTM)

—

ROE

-0.4%

D/E

0.3x

Dividend %

0.9%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Hongyuan Green Energy operates in the solar PV equipment space. The industry is plagued by severe overcapacity, price wars, and rapid technological obsolescence, making it a highly cyclical and dangerous sector that fails our quality and moat screens.

COMPANY DESCRIPTION

Hongyuan Green Energy Co., Ltd. (formerly known as Wuxi Shangji Automation) manufactures high-precision equipment for the photovoltaic (PV) industry, specializing in silicon wafer cutting machines. The company has successfully vertically integrated into the production of monocrystalline silicon ingots and wafers, transforming into a major upstream supplier in the solar value chain. Its competitive moat is driven by advanced slicing technology, cost-efficient large-scale manufacturing, and strong relationships with downstream solar cell producers.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	3.2B	1.8B	1.1B	1.1B	-30.3%
EPS	0.83	0.19	-0.64	0.04	-63.3%
Shares	574M	578M	679M	683M	+19.0%
Debt	32M	251M	289M	482M	148.1%
Equity	1.9B	1.8B	1.8B	1.8B	-0.5%
Op CF	437M	73M	-147M	37M	-56.1%
Inv CF	-413M	-411M	-621M	272M	—
Fin CF	271M	388M	455M	-394M	—

PRICE (1M)-20.0%

SMA 50SMA 200

$2.57

RSI (14)

41.6

52W High

$5.64

From 52W High

0.5%

SCORE BREAKDOWN

Quality

ROIC

3.4%22.9

ROE

-0.4%15.0

GP/Assets

3.3%6.1

Op. Margin

3.9%30.4

FCF/Assets

-9.0%8.7

Piotroski

—13.5

Int. Cover

2.9x26.5

D/E Ratio

0.27x60.2

Current Ratio

0.96x11.7

Value

P/E (TTM)

—N/A

EV/EBITDA

4.7x81.5

P/FCF

—N/A

P/B

1.1x72.8

P/S

1.6x48.0

Div Yield

0.9%26.8

Momentum

52W High %

45%6.2

RS 6M

-52%14.7

SMA 50/200

0.84x7.8

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$1.9B

P/E (Forward)

-36.2x

Gross Margin

11.5%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 603185.SS are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
603185.SS	Hongyuan Green Energy Co., Ltd.(you)	$1.9B	5	STRONG SELL
300772.SZ	Windey Energy Technology Group Co., Ltd.	$1.8B	4	STRONG SELL
301155.SZ	Jiangsu Haili Wind Power Equipment Technology Co., Ltd.	$2.0B	5	STRONG SELL
002366.SZ	RongFa Nuclear Equipment Co., Ltd.	$2.1B	4	STRONG SELL
603033.SS	Sanwei Holding Group Co.,Ltd	$1.6B	5	STRONG SELL
002639.SZ	Fujian Snowman Group Co., Ltd.	$2.0B	2	STRONG SELL
002896.SZ	Ningbo ZhongDa Leader Intelligent Transmission Co., Ltd.	$2.2B	6	STRONG SELL
7688.HK	TOPNC	$1.8B	1	STRONG SELL
688660.SS	Shanghai Electric Wind Power Group Co., Ltd.	$2.0B	1	STRONG SELL
603169.SS	Lanzhou LS Heavy Equipment Co., Ltd	$1.5B	6	STRONG SELL

Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%

Hongyuan Green Energy Co., Ltd. (603185.SS) — Stock Score Summary

Hongyuan Green Energy Co., Ltd. (603185.SS) has a MoatMap StockRank of 5/100 based on Quality (21/100), Value (46/100), and Momentum (15/100) factor scores. The current signal is STRONG SELL. Hongyuan Green Energy operates in the solar PV equipment space. The industry is plagued by severe overcapacity, price wars, and rapid technological obsolescence, making it a highly cyclical and dangerous sector that fails our quality and moat screens.

Key Financial Metrics

Price	$2.57
Market Cap	$1.9B
P/E (Forward)	-36.20
Price/Book	1.07
Return on Equity	-0.4%
Return on Invested Capital	3.4%
Debt/Equity	27.23
Gross Margin	11.5%
Operating Margin	3.9%
Revenue Growth	17.1%
Dividend Yield	0.9%
Free Cash Flow	$-53M

Hongyuan Green Energy Co., Ltd. operates in the Specialty Industrial Machinery industry, part of the Industrials sector (China).

Frequently Asked Questions

What is Hongyuan Green Energy Co., Ltd.’s (603185.SS) StockRank?: MoatMap’s StockRank for Hongyuan Green Energy Co., Ltd. (603185.SS) is 5/100, with a Strong Sell signal. It is a composite of Quality (21), Value (46), and Momentum (15) factor ranks across MoatMap’s 20,000+ stock universe.
Does Hongyuan Green Energy Co., Ltd. have an economic moat?: Hongyuan Green Energy Co., Ltd. (603185.SS) has a Quality factor score of 21/100. 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 Hongyuan Green Energy Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Hongyuan Green Energy Co., Ltd. (603185.SS) is Strong Sell, based on a StockRank of 5/100. 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 Hongyuan Green Energy Co., Ltd. in?: Hongyuan Green Energy Co., Ltd. (603185.SS) operates in the Industrials sector, specifically the Specialty Industrial Machinery industry (China).