Jinlang Technology closed down by 1.65% today, with a rolling price-to-earnings ratio of 30.45 times and a total market value of 21.213 billion yuan.
On March 24th, Jinlang Technology’s stock closed at 53.12 yuan, reflecting a decrease of 1.65%. The rolling price-to-earnings ratio (PE), which compares the current stock price to the sum of earnings per share over the previous four quarters, stands at 30.45. The company’s total market value is 21.213 billion yuan.
In the context of the industry, the average price-to-earnings ratio for the photovoltaic equipment sector is 26.55 times, while the industry median is 24.95 times, placing Jinlang Technology at 62nd in the rankings.
Regarding capital flow, on March 24th, Jinlang Technology saw a net inflow of 4.4188 million yuan in primary funds, with a total inflow of 171.3332 million yuan over the past five days.
Jinlang Technology Co., Ltd. primarily engages in the research, development, production, sales, and service of string inverters. Its main product, the string inverter, is an essential component of solar photovoltaic power generation systems. The company has been continuously recognized as a national high-tech enterprise.
Jinlang Technology is among the first domestic manufacturers of grid-connected string inverters to obtain key market certifications, including EU CE certification, Australia SAA certification, and US ETL certification.
According to the latest performance report for the third quarter of 2024, the company achieved an operating revenue of 5.162 billion yuan, representing a year-on-year increase of 11.21%. However, net profit stood at 669 million yuan, reflecting a year-on-year decline of 11.00%, with a gross sales margin of 33.67%.
Here are some key financial metrics for Jinlang Technology:
| Stock Name | PE (TTM) | PE (Static) | Price-to-Book Ratio | Total Market Value (yuan) |
|---|---|---|---|---|
| Jinlang Technology | 30.45 | 27.22 | 2.54 | 21.213 billion |
| Industry Average | 26.55 | 24.73 | 2.82 | 17.280 billion |
| Industry Median | 24.95 | 23.62 | 2.17 | 7.728 billion |
Overall, the state of Jinlang Technology reflects its significant role in the photovoltaic equipment industry, with strong R&D capabilities and a solid market presence.
