Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688429.SS
STRONG SELLREMOVEChangzhou Shichuang Energy Co.,Ltd. · Industrials · China · $710M · Avg Vol: $5M/d
Changzhou Shichuang Energy operates in the highly cyclical solar manufacturing equipment sector. The industry is currently plagued by severe overcapacity in China, leading to destructive price wars and margin compression that violate our Terry Smith quality compounder criteria.
COMPANY DESCRIPTION
Changzhou Shichuang Energy Co., Ltd. manufactures auxiliary materials and equipment for photovoltaic cell production, including wet chemical additives and texturing agents. The company holds a dominant market position in specialized chemical additives for high-efficiency solar cells (PERC, TOPCon). It is a highly specialized niche player driving cost reduction and efficiency improvements in the solar manufacturing supply chain.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 354M | 256M | 105M | 150M | -24.8% |
| EPS | 0.12 | 0.07 | -0.24 | -0.12 | -42.0% |
| Shares | 360M | 400M | 400M | 400M | +11.1% |
| Debt | 958,888 | 48M | 330M | 331M | 601.8% |
| Equity | 203M | 342M | 248M | 204M | 0.2% |
| Op CF | 91M | -26M | -57M | -12M | — |
| Inv CF | -68M | -51M | -5M | 1M | — |
| Fin CF | -20M | 152M | 35M | -4M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 688429.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688429.SS | Changzhou Shichuang Energy Co.,Ltd.(you) | $710M | 1 | STRONG SELL |
| 002564.SZ | SuZhou THVOW Technology. Co., Ltd. | $655M | 0 | STRONG SELL |
| 300368.SZ | Hebei Huijin Group Co., Ltd. | $781M | 0 | STRONG SELL |
| 600860.SS | Beijing Jingcheng Machinery Electric Company Limited | $746M | 4 | STRONG SELL |
| 300056.SZ | Xiamen Zhongchuang Environmental Technology Co., Ltd | $555M | 1 | STRONG SELL |
| 002526.SZ | Shandong Mining Machinery Group Co., Ltd. | $822M | 4 | STRONG SELL |
| 600843.SS | Shang Gong Group Co., Ltd. | $812M | 5 | STRONG SELL |
| 6871.HK | ROBOTPHOENIX | $1.0B | 0 | STRONG SELL |
| 600698.SS | Hunan Tyen Machinery Co.,Ltd | $1.1B | 1 | STRONG SELL |
| 301325.SZ | Shenzhen Manst Technology Co., Ltd. | $1.0B | 3 | STRONG SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%