Breakdown | ||||
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
795.70M | 374.32M | 471.52M | 433.05M | 288.27M | Gross Profit |
67.22M | 12.15M | 66.68M | 58.23M | 32.03M | EBIT |
-27.11M | -66.74M | -11.22M | -29.11M | -38.71M | EBITDA |
-87.97M | -130.60M | -61.25M | 205.83M | -91.84M | Net Income Common Stockholders |
-88.52M | -176.25M | -102.22M | 156.35M | -142.26M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
106.33M | 91.59M | 78.14M | 144.17M | 74.59M | Total Assets |
1.37B | 1.45B | 1.69B | 1.76B | 1.38B | Total Debt |
264.23M | 264.00M | 339.01M | 272.84M | 185.78M | Net Debt |
161.71M | 178.34M | 267.66M | 133.77M | 119.96M | Total Liabilities |
568.59M | 558.71M | 603.78M | 565.75M | 371.24M | Stockholders Equity |
800.49M | 889.20M | 1.09B | 1.20B | 1.02B |
Cash Flow | Free Cash Flow | |||
-15.55M | 16.74M | -4.03M | -12.52M | -22.13M | Operating Cash Flow |
-7.07M | 19.65M | 1.24M | -9.19M | -12.48M | Investing Cash Flow |
37.92M | 6.23M | -133.72M | -1.40M | -45.00K | Financing Cash Flow |
-14.28M | -6.03M | 72.90M | 69.69M | 18.17M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | $77.76B | 19.18 | 26.55% | 2.14% | -1.69% | 17.32% | |
71 Outperform | HK$580.86M | 4.13 | 5.38% | 5.33% | 15.34% | 113.64% | |
68 Neutral | HK$1.73B | 2.51 | 18.67% | 13.33% | 13.86% | 8.68% | |
55 Neutral | $7.10B | 3.56 | -6.61% | 5.99% | -0.03% | -51.71% | |
43 Neutral | €38.59M | ― | -6.76% | ― | -29.37% | 75.02% |
Solartech International Holdings Limited reported its unaudited interim results for the six months ending December 31, 2024, revealing a significant decrease in turnover from HK$567.6 million in 2023 to HK$299.7 million in 2024. Despite a gross profit increase to HK$25.6 million, the company faced a loss of HK$26.6 million, attributed to factors such as a decline in the fair value of investment properties and increased general and administrative expenses. The total comprehensive income for the period also showed a decline, with a loss of HK$33.3 million compared to a loss of HK$22.4 million in the previous year, indicating ongoing financial challenges.
Solartech International Holdings Limited has issued a profit warning for the six months ended 31 December 2024, expecting a loss between HK$23 million to HK$30 million, a notable improvement compared to the HK$58.76 million loss in the same period the previous year. This reduction in losses is attributed to increased gross profit, reduced general and administrative expenses, and a lesser net loss from the fair values of the Group’s investment properties.
At the special general meeting held on 17 February 2025, Solartech International Holdings Limited announced that shareholders unanimously passed an ordinary resolution concerning the Equity Transfer Agreement. The approval was achieved with 100% votes in favor, reflecting strong shareholder support for the company’s strategic direction, with no abstentions or votes against the resolution.
Solartech International Holdings Limited announced that its board of directors will convene on February 27, 2025, to approve the unaudited interim results for the six months ending December 31, 2024. The board will also consider the recommendation of an interim dividend, reflecting the company’s commitment to maintaining transparency and shareholder value.
Solartech International Holdings Limited has issued a supplemental announcement regarding its Share Option Scheme as detailed in the company’s annual report for the financial year ending June 30, 2024. The announcement states that the total number of shares available under the scheme is approximately 10% of the company’s total issued shares, with no other changes to the annual report’s contents. This disclosure provides additional clarity for shareholders and potential investors without affecting the company’s previously reported financial results.