Latest Developments in Solar Energy: Advancements in Perovskite Battery Research and a 10x Price-to-Earnings Ratio Attracts Attention

As of March 19, the closing price of solar energy stocks stood at 4.61 yuan, reflecting a 0.44% increase from the previous trading day, with a trading volume of 195 million yuan and a total market capitalization of 18.058 billion yuan. Current data reveals that the company’s price-to-earnings ratio is 10.49 while its price-to-book ratio is 0.77.

Recently, the company shared several updates regarding its business operations through an interactive platform. Notably, they clarified that they are not currently pursuing specific projects related to BC technology and green hydrogen, but they will continue to keep a close watch on developments in these areas. Furthermore, the research on perovskite batteries has led to multiple patent applications, although they have yet to produce commercial products. Detailed progress will be disclosed in the upcoming annual report.

Additionally, the company has developed cleaning robots for solar panel components, which have been implemented in several photovoltaic power stations to enhance operational efficiency. Their subsidiary in Zhenjiang is also making strides in research on key technologies for TOPCon batteries, focusing on process solutions and cost control.

The company’s annual report for 2024 is scheduled to be released on April 24. It is worth noting that on March 18, there was a significant block trade amounting to 19.9742 million yuan, with a transaction price that represented a 7.19% discount compared to the closing price of that day. Both the buyer and seller were identified as being from the same brokerage firm.

Risk Warning: The information presented is compiled from publicly available data and does not constitute investment advice. The market is subject to volatility, and decisions should be made with caution.

Source: Jrj.com