Xinyi Solar Holdings Limited

Xinyi Solar Holdings Limitedverified

XISHY

Price:

$7.91

Market Cap:

$27.95B

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers photovoltaic power station, ultraclear patterned glasses, back glasses, and AR photovoltaic glasses. It also develops, operates, and manages solar farms; and provides engineering, procurement, and construction services. In addition, the company engages in the provision of solar power systems; and trading of solar glass products. Xinyi Solar Holdings Limited was founded in 2008 and is headquartered in Wuhu, th...[Read more]

Industry

Solar

IPO Date

2021-03-29

Stock Exchange

PNK

Ticker

XISHY

The Current Ratio as of November 2024 (TTM) for Xinyi Solar Holdings Limited (XISHY) is 1.16

According to Xinyi Solar Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.16. This represents a change of 0.45% compared to the average of 1.16 of the last 4 quarters.

Xinyi Solar Holdings Limited (XISHY) Historical Current Ratio (quarterly & annually)

How has XISHY Current Ratio performed in the past?

The mean historical Current Ratio of Xinyi Solar Holdings Limited over the last ten years is 1.63. The current 1.16 Current Ratio has changed 7.04% with respect to the historical average. Over the past ten years (40 quarters), XISHY's Current Ratio was at its highest in in the September 2021 quarter at 2.70. The Current Ratio was at its lowest in in the September 2016 quarter at 1.00.

Quarterly (TTM)
Annual

Average

1.63

Median

1.52

Minimum

1.00

Maximum

2.70

Xinyi Solar Holdings Limited (XISHY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Xinyi Solar Holdings Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 77.23%

Maximum Annual Current Ratio = 2.70

Minimum Annual Increase = -57.63%

Minimum Annual Current Ratio = 1.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.15-36.09%
20221.80-33.27%
20212.704.89%
20202.5743.78%
20191.7977.23%
20181.01-15.60%
20171.2019.30%
20161.00-44.46%
20151.8145.52%
20141.24-57.63%

Xinyi Solar Holdings Limited (XISHY) Average Current Ratio

How has XISHY Current Ratio performed in the past?

The current Current Ratio of Xinyi Solar Holdings Limited (XISHY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.88

5-year avg

2.00

10-year avg

1.63

Xinyi Solar Holdings Limited (XISHY) Current Ratio vs. Peers

How is XISHY’s Current Ratio compared to its peers?

Xinyi Solar Holdings Limited’s Current Ratio is less than SMA Solar Technology AG (1.70), less than Xinyi Solar Holdings Limited (1.16), less than Sunrun Inc. (1.47), less than SMA Solar Technology AG (1.70), less than GCL Technology Holdings Limited (1.36), less than Shoals Technologies Group, Inc. (2.08), less than SolarEdge Technologies, Inc. (2.34), less than Aurora Solar Technologies Inc. (1.96), greater than SinglePoint Inc. (0.21), less than Nextracker Inc. (2.21), less than New Technology Acquisition Holdings (10.96), less than ClearVue Technologies Limited (3.03), greater than Solar Alliance Energy Inc. (0.46),

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