On April 21, Jinan Technology closed at 50.75 yuan, marking an increase of 2.75%. The company’s rolling price-to-earnings ratio (PE) stands at 29.09 times, with a total market capitalization of 20.266 billion yuan.
In terms of industry benchmarks, the average PE ratio for the photovoltaic equipment sector is 25.35 times, and the median is 25.16 times. Jinan Technology ranks 62nd within this sector.
Regarding capital flow, on April 21, there was a net inflow of 10.2675 million yuan into Jinan Technology. However, over the past five days, the overall trend has been outflows, totaling 30.2221 million yuan.
Jinan Technology Co., Ltd. primarily focuses on the research, development, production, sales, and service of string inverters. The company’s main product is the string inverter, which is an essential component in solar photovoltaic power generation systems. The company has consistently been recognized as a national high-tech enterprise. It was among the first domestic manufacturers to obtain major market certifications, including the EU CE certification, Australian SAA certification, and the U.S. ETL certification for string grid-connected inverters.
According to the latest performance report for the third quarter of 2024, the company achieved an operating income of 5.162 billion yuan, representing a year-on-year increase of 11.21%. However, the net profit was 669 million yuan, down 11.00% compared to the previous year, with a gross sales margin of 33.67%.
| Stock Name | PE (TTM) | PE (Static) | PB Ratio | Total Market Value (Yuan) |
|---|---|---|---|---|
| Jinan Technology | 29.09 | 26.00 | 2.43 | 20.266 billion |
| Average Industry | 25.35 | 22.12 | 2.41 | 14.718 billion |
| Industry Median | 25.16 | 21.60 | 1.92 | 6.671 billion |
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/jinlang-technology-closes-up-2-75-with-a-market-cap-of-20-266-billion-yuan-and-p-e-ratio-of-29-09%e5%80%8d/
