Sunshine Power Experiences 0.84% Drop with Trading Volume of 989 Million Yuan Amid Negative Capital Inflow

On April 17, SunPower Corporation saw a decline of 0.84%, with a trading volume of 989 million yuan and a turnover rate of 1.11%. The company’s total market capitalization is 115.623 billion yuan.

Market Analysis

SunPower operates within several sectors, including photovoltaic technology, batteries, electric vehicles, and charging stations. Here are some key points about the company:

1. SunPower Corporation is a high-tech enterprise focused on the research, production, sales, and service of new energy power equipment such as solar, wind, and energy storage systems.
2. On September 20, 2022, it was announced that the company had established a long-term strategic partnership with CATL, which is expected to drive rapid growth in its energy storage business.
3. In the first half of 2022, the company shipped 220,000 units of its electric vehicle drive systems, marking a significant increase of 144% year-over-year.
4. On June 16, 2022, the company confirmed that it offers direct current fast charging equipment for operators, as well as alternating current charging stations and low-power direct current charging products for end consumers.

Disclaimer: The analysis presented here is based on publicly available information and does not constitute investment advice. Investors should make independent judgments based on market conditions.

Financial Overview

Today, the main funds recorded a net outflow of 30.042 million yuan, accounting for 0.03% of the total, with an industry ranking of 66 out of 67. This marks the third consecutive day of reduced positions by main funds. The overall industry also faced a net outflow of 274 million yuan during the same period.

Net Fund Flow Over Different Periods

• Today: -30.042 million yuan
• Last 3 Days: -278 million yuan
• Last 5 Days: -330 million yuan
• Last 10 Days: -1.785 billion yuan
• Last 20 Days: -1.917 billion yuan

Shareholder Information

The distribution of shares among major shareholders is quite fragmented, with the main trading volume amounting to 330 million yuan, which represents 5.34% of the total trading volume. The average transaction cost per share is 71.48 yuan. Currently, the stock price is approaching a support level of 55.70 yuan, which investors should monitor closely for potential rebounds. If the stock falls below this support level, it may trigger a downward trend.

Company Profile

SunPower Corporation is located at 1699 Xiyou Road, High-tech Zone, Hefei City, Anhui Province. The company was founded on July 11, 2007, and was listed on November 2, 2011. Its primary business focuses on the development, production, sales, and service of renewable energy power equipment, including solar, wind, energy storage, and electric vehicles.

Revenue Breakdown

• Photovoltaic inverters and related power electronic conversion devices: 42.21%
• New energy investment and development: 28.87%
• Energy storage systems: 25.20%
• Other: 2.19%
• Photovoltaic power station generation: 1.54%

As of September 30, the number of shareholders stood at 109,600, a decrease of 2.98% from the previous period, with an average of 14,501 circulating shares per person, an increase of 3.07%.

From January to September 2024, the company achieved a total revenue of 49.946 billion yuan, reflecting a year-on-year increase of 7.61%. The net profit attributable to shareholders reached 7.600 billion yuan, marking a growth of 5.21%.

Dividend Information

Since its listing, SunPower has distributed a total of 2.690 billion yuan in dividends. Over the past three years, the total dividend payout has reached 1.907 billion yuan.

Institutional Holdings

As of September 30, 2024, among the top ten circulating shareholders of SunPower, Hong Kong Central Clearing Limited remains the largest, holding 187 million shares, a decrease of 23.773 million shares from the previous period. Yifangda Growth Enterprise Board ETF (159915) ranks as the fourth largest, with 39.378 million shares, an increase of 10.377 million shares compared to the last report. Other notable shareholders include:

• Huatai-PB CSI 300 ETF (510300): 28.202 million shares, an increase of 10.87 million shares
• Yifangda CSI 300 ETF (510310): 18.537 million shares, a new entry
• Huazhong Growth Enterprise Board 50 ETF (159949): 12.443 million shares, an increase of 714,900 shares
• Photovoltaic ETF (515790): 12.260 million shares, a decrease of 1.3255 million shares
• Tianhong CSI Photovoltaic A (011102) has exited the list of top ten circulating shareholders.

Risk Warning: The market carries risks, and investments should be made with caution. The information provided in this article is for reference only and should not be construed as personal investment advice.