ShareValue scores for 688726.SHG: Valuation 45, Quality 82, Growth 50, Health 65.
688726.SHGSSE
LAPLACE Renewable Energy Technology Co., Ltd.
CN¥39.60
(-4.81%)
Updated
688726.SHGSSE
LAPLACE Renewable Energy Technology Co., Ltd.
Updated
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Company Details
LAPLACE Renewable Energy Technology Co., Ltd. engages in the research, development, production, and sale of thermal processes, coatings, and related automated equipment for photovoltaic cell manufacturing in China and internationally. The company offers thermal process equipment used in boron diffusion, phosphorus diffusion, oxidation, and annealing equipment; and coating equipment, including low pressure chemical vapor, plasma-enhanced chemical vapor, atomic layer, and atomic layer edge passivation deposition equipment products. It also provides photovoltaic equipment, such as laser equipment, cell gap film application machines, and testing instruments; semiconductor discrete device equipment, including oxidation, annealing, and coating equipment; and supporting products and services. In addition, the company offers solar cells, such as cell laser contact opening, low pressure chemical vapor deposition, low pressure oxidation/annealing system, low pressure horizontal placement boron diffusion equipment, low pressure POCL Diffusion, atomic layer deposition system, atomic edge passivation deposition complete solution, laser induced metallization equipment, poly thickness reduction through laser Abl/ laser induced oxidation, and plasma enhanced chemical vapor deposition; reflective film layup; load-and-unload automations; hidden crack, basket fragment, quartz boat fragment, graphite boat fragment, sheet resistance, reflectivity, film thickness, ellipsometry film thickness, in-line thickness, PL, AOI, EPL, IV and EL, and laser spot detectors; and silicon carbide integrated boat support, SIC boat, SIC jig, heating element, and coated quartz tube, as well as semiconductor equipment. LAPLACE Renewable Energy Technology Co., Ltd. was incorporated in 2016 and is based in Shenzhen, China.
Score Analysis
AI Investment Thesis
LAPLACE Renewable Energy Technology Co., Ltd. looks fairly valued: its P/E of 25.5 is lower than 56% of Shanghai-listed Industrials peers, though P/B of 3.22 is higher than 67%.
Profitability is the standout: an 8.69% margin and 9.34% ROE far exceed the 1.8% and 4.9% global sector averages, though Q3 net profit fell 80.75% year on year.
Third-quarter results on October 30 showed revenue down 19.49% and a CN¥64.5 million impairment charge, signaling a deepening solar equipment downcycle.