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Hoymiles Power Electronics Inc
SSE:688032

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Hoymiles Power Electronics Inc
SSE:688032
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Price: 118.6 CNY -2.88% Market Closed
Market Cap: 14.6B CNY
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Hoymiles Power Electronics Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Hoymiles Power Electronics Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
H
Hoymiles Power Electronics Inc
SSE:688032
Tax Provision
-ÂĄ79.6m
CAGR 3-Years
-73%
CAGR 5-Years
-84%
CAGR 10-Years
N/A
Tbea Co Ltd
SSE:600089
Tax Provision
-ÂĄ1.2B
CAGR 3-Years
4%
CAGR 5-Years
-35%
CAGR 10-Years
-18%
Gongniu Group Co Ltd
SSE:603195
Tax Provision
-ÂĄ672m
CAGR 3-Years
-15%
CAGR 5-Years
-20%
CAGR 10-Years
N/A
EVE Energy Co Ltd
SZSE:300014
Tax Provision
-ÂĄ238.8m
CAGR 3-Years
-9%
CAGR 5-Years
-100%
CAGR 10-Years
-25%
Sungrow Power Supply Co Ltd
SZSE:300274
Tax Provision
-ÂĄ2.2B
CAGR 3-Years
-81%
CAGR 5-Years
-86%
CAGR 10-Years
-53%
Contemporary Amperex Technology Co Ltd
SZSE:300750
Tax Provision
-ÂĄ7.7B
CAGR 3-Years
-75%
CAGR 5-Years
-58%
CAGR 10-Years
N/A
No Stocks Found

Hoymiles Power Electronics Inc
Glance View

Market Cap
14.7B CNY
Industry
Electrical Equipment

Hoymiles Power Electronics Inc. is a notable player within the renewable energy sector, primarily recognized for its expertise in microinverter technology. Founded in 2012 in Hangzhou, China, the company has carved out a unique space in the solar energy market by focusing on advanced solar microinverter systems. These devices are pivotal for converting the DC power generated by solar panels into usable AC power, a process crucial for everyday electricity consumption. By developing high-performance, efficient microinverters, Hoymiles has offered residential and commercial solar power solutions that promise higher energy yields, enhanced safety, and greater flexibility compared to traditional string inverters. The company's business model centers around not only engineering these cutting-edge microinverters but also offering robust power optimization services and monitoring solutions. With a keen eye on innovation and quality, Hoymiles achieves growth by continuously improving its microinverter technology to meet evolving market demands and regulatory requirements. Their revenue streams primarily derive from the sales of these microinverters, integrated systems for larger solar installations, and related after-sales support services. In tapping into a global market increasingly committed to renewable energy transitions, Hoymiles demonstrates a keen awareness of the growing importance of sustainable energy solutions, leveraging its technical expertise to expand its footprint across various international markets.

Intrinsic Value
167.73 CNY
Undervaluation 29%
Intrinsic Value
Price
H

See Also

What is Hoymiles Power Electronics Inc's Tax Provision?
Tax Provision
-79.6m CNY

Based on the financial report for Dec 31, 2023, Hoymiles Power Electronics Inc's Tax Provision amounts to -79.6m CNY.

What is Hoymiles Power Electronics Inc's Tax Provision growth rate?
Tax Provision CAGR 5Y
-84%

Over the last year, the Tax Provision growth was 1%. The average annual Tax Provision growth rates for Hoymiles Power Electronics Inc have been -73% over the past three years , -84% over the past five years .

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