TOYO Co Ltd
TOYOTechnology·Solar·Japan·Micro·NASD·Nov 11 • 3:34 PM ET
5.08+0.13 (2.63%)
2026-11-11 21:34 CET
Market cap
211.46 USD m
Revenue, TTM
118.18 USD m
Net income, TTM
17.41 USD m
Free cash flow, TTM
4.81 USD m
EPS diluted, TTM
0.45
P/E
4.67
Price
TOYO against its 20, 50 and 200-day averages2050200beatmissearnings
70.9% under the 52-week high of 17.43 on 4 Jun 2026. 52-week low 3.71 on 28 Oct 2026. Last 15 sessions, 49.9% high to low
Volume 0.49× normal · the line is the 50-bar volume average
Profile
TOYO52-week range, 10% of the way up
3.7117.43
TOYO Co. Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.
| Index | RUT |
|---|---|
| Employees | 2552 |
| IPO | Mar 16, 2022 |
| Beta | 1.85 |
| ATR, 14d | 0.34 |
| Rel volume | 0.49 |
| Short float | 41.38% |
| Insider own | 78.68% |
| Inst own | 12.01% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 217.01M |
| Enterprise Value | 170.21M |
| Income | 39.66M |
| Sales | 427.38M |
| Book/sh | 4.91 |
| Cash/sh | 2.58 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | 0.00% |
| Employees | 2552 |
| IPO | Mar 16, 2022 |
Ratios
| P/E | 4.67 |
|---|---|
| Forward P/E | 1.52 |
| PEG | 0.03 |
| P/S | 0.51 |
| P/B | 1.03 |
| P/C | 1.97 |
| P/FCF | 5.26 |
| EV/EBITDA | 1.78 |
| EV/Sales | 0.40 |
| Quick Ratio | 0.58 |
| Current Ratio | 1.12 |
| Debt/Eq | 0.30 |
| LT Debt/Eq | 0.16 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | 1.09 |
|---|---|
| EPS next Y | 3.35 |
| EPS next Q | 0.31 |
| EPS this Y | 93.88% |
| EPS next Y | 76.32% |
| EPS next 5Y | 59.81% |
| EPS past 3/5Y | - - |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | -1.46% |
| Sales Y/Y TTM | 141.52% |
| EPS Q/Q | 701.06% |
| Sales Q/Q | - |
| Earnings | Nov 16 BMO |
| EPS/Sales Surpr. | -13.46% -38.63% |
Ownership
| Insider Own | 78.68% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 12.01% |
| Inst Trans | 18.32% |
| ROA | 11.54% |
| ROE | 46.52% |
| ROIC | 16.27% |
| Gross Margin | 22.54% |
| Oper. Margin | 13.81% |
| Profit Margin | 9.28% |
| SMA20 | 13.84% |
| SMA50 | 15.56% |
| SMA200 | -35.60% |
| Trades | - |
Technical
| Shs Outstand | 42.72M |
|---|---|
| Shs Float | 9.11M |
| Short Float | 41.38% |
| Short Ratio | 6.08 |
| Short Interest | 3.77M |
| 52W High | 17.43 -70.85% |
| 52W Low | 3.71 36.93% |
| Volatility | 9.46% 6.75% |
| ATR (14) | 0.34 |
| RSI (14) | 59.65 |
| Beta | 1.85 |
| Rel Volume | 0.49 |
| Avg Volume | 619.81K |
| Volume | 283,314 |
Performance
| Perf Week | -1.93% |
|---|---|
| Perf Month | 17.05% |
| Perf Quarter | -10.25% |
| Perf Half Y | -60.19% |
| Perf YTD | -13.31% |
| Perf Year | -27.94% |
| Perf 3Y | -53.18% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 14.00 |
| Prev Close | 4.95 |
| Price | 5.08 |
| Change % | 2.63% |
Analyst ratings
latest 2 of 2| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Apr 02, 2026 | Initiated | RRoth Capital | Buy | $15 | +195.3% |
| Jan 15, 2026 | Initiated | HH.C. Wainwright | Buy | $18 | +254.3% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| CSIQ | Canadian Solar Inc | 693.90M |
| JKS | Jinko Holdings Ltd ADR | 507.90M |
| FSLR | First Solar Inc | 19.22B |
| DQ | Daqo New Energy Corp ADR | 795.12M |
| TE | T1 Energy Inc | 634.90M |
| ARRY | Array Technologies Inc | 806.82M |
| TYGO | Tigo Energy Inc | 52.16M |
| SHLS | Shoals Technologies Group Inc | 1.49B |
| NXT | Nextpower Inc | 15.16B |
| ENPH | Enphase Energy Inc | 3.72B |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| PBW | Invesco WilderHill Clean Energy ETF | AUM: 303.43M |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.06B |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| OMFS | Invesco Russell 2000 Dynamic Multifactor ETF | AUM: 263.85M |
| RSSL | Global X Russell 2000 ETF | AUM: 1.43B |
| VTWV | Vanguard Russell 2000 Value Index ETF | AUM: 1.29B |
| VTWG | Vanguard Russell 2000 Growth Index ETF | AUM: 1.41B |
News
latest 14 of 142- TOYO Faces Visibility Test As Ethiopia Detentions Cloud Post-Guidance Earnings Outlook (Earnings Whispers) -8.67%
- TOYO Announces Third Quarter and First Nine Months 2026 Earnings Conference Call Schedule (PR Newswire)
- TOYO to Exhibit at RE+ 2026 and Participate in ROTH Solar & Storage Symposium (PR Newswire)
- TOYO Confirms U.S. Customs and Border Protection Release of Ethiopia-Produced Solar Cells (PR Newswire) +23.04%
- TOYO Celebrates Completed 2 GW Module Expansion at Texas Facility with Ribbon-Cutting Ceremony (PR Newswire)
- TOYO Announces Approximately $240 Million in Binding U.S. Solar Module Supply Agreements Through First Half of 2027 (PR Newswire) -5.82%
- TOYO Co., Ltd. Provides Second Half 2026 Business Outlook (PR Newswire)
- TOYO Co., Ltd to Webcast 2026 Analyst Day (PR Newswire)
- TOYO 's Texas Manufacturing Facility Receives Top Quality Rating in Independent Factory Audit by Intertek CEA (PR Newswire)
- TOYO Co., Ltd to Participate in Fireside Chat at the Jefferies Renewables, Clean Energy, & Construction Conference (PR Newswire)
- Toyo Co Ltd (TOYO) (Q2 2026) Earnings Call Highlights: Revenue Surges 35% as US Expansion ... (GuruFocus.com) -24.21%
- TOYO Shares Slide After Second-Quarter Earnings and Revenue Miss Forecasts (InvestorsHub)
- TOYO Co., Ltd Announces Unaudited Second Quarter and First Half 2026 Financial Results (PR Newswire)
- TOYO to Announce Second Quarter and First Half 2026 Financial Results on August 19, 2026 (PR Newswire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-16 | - | 0.310 | - | - | 141.15 | 2 |
| 2026Q2 | 2026-08-19 | 0.450 | 0.520 | 0.450 | 118.18 | 192.57 | 2 |
| 2026Q1 | 2026-05-18 | 0.750 | 0.720 | 0.754 | 142.77 | 202.9 | 1 |
| 2025S2 | 2026-03-31 | 0.940 | 0.680 | - | 288.3 | 259.8 | 1 |
| 2026Q4 | - | - | 0.385 | - | - | 166.72 | 2 |
| 2026S1 | - | - | 0.450 | - | - | 386.27 | 1 |
| 2026S2 | - | - | 0.540 | - | - | 420.11 | 1 |
| 2027Q1 | - | - | 0.880 | - | - | 211.5 | 1 |
| 2027Q2 | - | - | 0.870 | - | - | 216.1 | 1 |
| 2027Q3 | - | - | 0.840 | - | - | 219 | 1 |
| 2027Q4 | - | - | 0.850 | - | - | 223.8 | 1 |
| 2028Q1 | - | - | 0.990 | - | - | 231.1 | 1 |
| 2028Q2 | - | - | 1.000 | - | - | 236.9 | 1 |
| 2028Q3 | - | - | 1.000 | - | - | 238.8 | 1 |
| 2028Q4 | - | - | 1.010 | - | - | 244.7 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | 0.980 | 0.780 | 0.980 | 427.38 | 398.91 |
| 2026FY | - | 1.900 | - | - | 568.8 |
| 2027FY | - | 3.350 | - | - | 1,027 |
| 2028FY | - | 4.000 | - | - | 951.6 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026S1 | S | 2026-03-31 | 1 | 0 | 0 | 386.27 | 386.27 | 386.27 |
| 2026S1 | S | 2026-01-14 | 1 | 0 | 0 | 386.27 | 386.27 | 386.27 |
| 2026S1 | E | 2026-06-26 | 1 | 0 | 1 | 0.45 | 0.45 | 0.45 |
| 2026S1 | E | 2026-04-13 | 1 | 0 | 1 | 0.98 | 0.98 | 0.98 |
| 2026S1 | E | 2026-03-31 | 1 | 0 | 0 | 1.02 | 1.02 | 1.02 |
| 2026S1 | E | 2026-01-14 | 1 | 0 | 0 | 1.02 | 1.02 | 1.02 |
| 2026Q3 | S | 2026-11-02 | 2 | 0 | 1 | 141.15 | 100.39 | 181.9 |
| 2026Q3 | S | 2026-08-31 | 2 | 0 | 2 | 141.15 | 100.39 | 181.9 |
| 2026Q3 | S | 2026-08-19 | 2 | 0 | 2 | 153.55 | 100.39 | 206.7 |
| 2026Q3 | S | 2026-06-29 | 2 | 0 | 1 | 202.48 | 198.27 | 206.7 |
| 2026Q3 | S | 2026-06-26 | 2 | 0 | 0 | 209.13 | 198.27 | 220 |
| 2026Q3 | S | 2026-05-18 | 1 | 0 | 0 | 220 | 220 | 220 |
| 2026Q3 | S | 2026-04-01 | 1 | 0 | 0 | 220 | 220 | 220 |
| 2026Q3 | R | 2026-08-31 | 1 | 0 | 1 | 0.51 | 0.51 | 0.51 |
Estimate history
| EPS, annual | -0.021 | 1.321 | 1.307 | 1.0877 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2022 | 2024 | 2025 | TTM | |||||
| EPS, quarterly | 0.003 | 0.021 | 0.037 | 0.074 | 0.058 | 0.056 | 0.036 | 0.754 | 0.452 |
| Period | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q1 '26 | Q2 '26 |
| Sales, annual | 0 | 176.957 | 427.383 | 427.38 | |||||
| Period | 2022 | 2024 | 2025 | TTM | |||||
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 142.773 | 118.185 |
| Period | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q1 '26 | Q2 '26 |
| Shares, annual | 11.964 | 33.596 | 36.712 | 42.719 | |||||
| Period | 2022 | 2024 | 2025 | MRQ | |||||
| Shares, quarterly | 11.964 | 11.964 | 11.964 | 11.964 | 9.352 | 6.602 | 6.602 | 37.759 | 42.719 |
| Period | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2022FY | |
|---|---|---|---|---|---|
| Total Revenue | 118.18 | 427.38 | 176.96 | - | 0.00 |
| Cost of Goods Sold Incl. D&A | 81.22 | 331.05 | 155.06 | - | 0.00 |
| Gross Profit | 36.97 | 96.34 | 21.90 | - | 0.00 |
| Selling, General and Administrative Excl. Other | 14.41 | 37.30 | 13.04 | - | 0.38 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Operating Income | 22.56 | 59.04 | 8.86 | - | -0.38 |
| Interest Expense | - | 3.32 | 3.26 | - | 0.00 |
| Unusual Expense | 0.00 | 1.34 | -35.10 | - | 0.00 |
| Net Income Before Taxes | 21.44 | 52.52 | 41.28 | - | -0.25 |
| Income Taxes | 4.03 | 15.37 | 0.78 | - | 0.00 |
| Consolidated Net Income | 17.41 | 37.15 | 40.50 | - | -0.25 |
| Net Income From Continuing Operations | 17.41 | 39.66 | 40.61 | - | -0.25 |
| Net Income | 17.41 | 39.66 | 40.61 | - | -0.25 |
| EPS (Recurring) | 0.45 | 1.34 | 0.52 | - | -0.02 |
| EPS (Basic, Before Extraordinaries) | 0.46 | 1.32 | 1.32 | - | -0.02 |
| EPS (Diluted) | 0.45 | 1.31 | 1.32 | - | -0.02 |
| EBITDA | 35.38 | 98.80 | 32.10 | - | -0.38 |
| Non-Operating Income (Expense) | -1.11 | -1.85 | 0.59 | - | 0.13 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Stock Option Compensation Expense | 0.00 | 10.80 | - | - | 0.15 |
| Price To Earnings Ratio | 4.55 | 4.55 | 18.55 | - | - |
| Price To Sales Ratio | 0.50 | 0.42 | 0.59 | - | - |
| Gross Margin | 22.54 | 22.54 | 12.37 | - | - |
| Operating Margin | 13.81 | 13.81 | 5.01 | - | - |
| Net Margin | 9.28 | 9.28 | 22.95 | - | - |
| Shares Outstanding | 42.72 | 36.71 | 33.60 | - | 11.96 |
| Market Capitalization | 211.46 | 211.46 | 155.80 | - | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2024Q2 | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 118.18 | 142.77 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 81.22 | 95.01 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 36.97 | 47.76 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 14.41 | 11.49 | - | 0.32 | 0.21 | 0.35 | 0.12 | 0.35 |
| Other Operating Expense | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 22.56 | 36.27 | - | -0.32 | -0.21 | -0.35 | -0.12 | -0.35 |
| Interest Expense | - | 0.79 | - | - | - | - | - | - |
| Unusual Expense | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 21.44 | 33.95 | - | 0.24 | 0.40 | 0.61 | 0.88 | 0.44 |
| Income Taxes | 4.03 | 5.53 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | 17.41 | 28.41 | - | 0.24 | 0.40 | 0.61 | 0.88 | 0.44 |
| Net Income From Continuing Operations | 17.41 | 28.41 | - | 0.24 | 0.40 | 0.61 | 0.88 | 0.44 |
| Net Income | 17.41 | 28.41 | - | 0.24 | 0.40 | 0.61 | 0.88 | 0.44 |
| EPS (Recurring) | 0.45 | 0.75 | - | 0.04 | 0.06 | 0.06 | 0.07 | 0.04 |
| EPS (Basic, Before Extraordinaries) | 0.46 | 0.75 | - | 0.04 | 0.06 | 0.06 | 0.07 | 0.04 |
| EPS (Diluted) | 0.45 | 0.75 | - | 0.04 | 0.06 | 0.06 | 0.07 | 0.04 |
| EBITDA | 35.38 | 49.69 | - | -0.32 | -0.21 | -0.35 | -0.12 | -0.35 |
| Non-Operating Income (Expense) | -1.11 | -1.54 | - | 0.55 | 0.61 | 0.96 | 1.00 | 0.79 |
| Other After Tax Adjustments | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.00 | 0.12 | - | - | - | - | 0.00 | - |
| Price To Earnings Ratio | 4.55 | 6.74 | - | - | - | - | - | - |
| Gross Margin | 31.28 | 33.45 | - | - | - | - | - | - |
| Operating Margin | 19.08 | 25.40 | - | - | - | - | - | - |
| Net Margin | 14.73 | 19.90 | - | - | - | - | - | - |
| Shares Outstanding | 42.72 | 37.76 | - | 6.60 | 6.60 | 9.35 | 11.96 | 11.96 |
| Market Capitalization | 211.46 | 258.81 | - | - | - | - | - | - |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2022FY | |
|---|---|---|---|---|
| Cash & Short Term Investments | 52.35 | 15.53 | - | 0.28 |
| Short Term Receivables | 11.75 | 18.75 | - | 0.00 |
| Inventories | 79.99 | 19.98 | - | 0.00 |
| Other Current Assets | 27.76 | 1.12 | - | 0.03 |
| Total Current Assets | 171.85 | 55.39 | - | 0.31 |
| Net Property, Plant & Equipment | 255.78 | 175.38 | - | 0.00 |
| Total Investments and Advances | 6.51 | 1.62 | - | 93.55 |
| Intangible Assets | - | - | - | 0.00 |
| Deferred Tax Assets | 6.50 | - | - | - |
| Other Assets | 7.12 | 7.41 | - | 0.00 |
| Total Assets | 447.75 | 239.80 | - | 93.86 |
| Short Term Debt Incl. Current Port. of LT Debt | 98.52 | 73.30 | - | 0.00 |
| Accounts Payable | 55.65 | 17.63 | - | 0.00 |
| Income Tax Payable | 15.39 | 0.78 | - | - |
| Other Current Liabilities | 126.15 | 33.32 | - | 0.08 |
| Total Current Liabilities | 295.70 | 125.03 | - | 0.08 |
| Long Term Debt | 34.47 | 55.33 | - | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | - | 0.00 |
| Deferred Tax Liabilities | 6.32 | - | - | - |
| Other Liabilities | 0.00 | 0.00 | - | 3.22 |
| Total Liabilities | 336.50 | 180.36 | - | 3.30 |
| Non-Equity Reserves | 0.00 | 0.00 | - | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | - | 0.00 |
| Common Equity | 111.26 | 59.24 | - | 90.56 |
| Total Shareholders Equity | 111.26 | 59.24 | - | 90.56 |
| Accumulated Minority Interest | 0.00 | 0.20 | - | 0.00 |
| Total Equity | 111.26 | 59.44 | - | 90.56 |
| Total Liabilities & Stockholders Equity | 447.75 | 239.80 | - | 93.86 |
| Book Value Per Share | 3.03 | 1.76 | - | 7.57 |
| Tangible Book Value Per Share | 3.03 | 1.76 | - | 7.57 |
| Full-Time Employees | 2,552 | 528 | - | 3 |
| Price to Book Ratio | 1.01 | 1.89 | - | - |
| Return on Assets | 11.54 | 26.16 | - | - |
| Return on Equity | 46.52 | 65.20 | - | - |
| Return on Invested Capital | 27.21 | 35.45 | - | -0.27 |
| Quick Ratio | 0.31 | 0.28 | - | 3.75 |
| Current Ratio | 0.58 | 0.44 | - | 3.75 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2022FY | |
|---|---|---|---|---|---|
| Net Income | - | 37.15 | 40.50 | - | -0.25 |
| Depreciation | - | 39.59 | 23.52 | - | - |
| Other Funds (Non Cash) | - | 18.07 | -31.39 | - | 0.02 |
| Funds from Operations | - | 94.64 | 32.63 | - | -0.23 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Changes in Working Capital | - | 38.35 | 13.88 | - | 0.05 |
| Income Taxes Payable | - | 14.61 | 0.78 | - | - |
| Cash from Operating Activities | 28.00 | 132.99 | 46.51 | - | -0.18 |
| Capital Expenditures | -23.19 | -91.75 | -44.04 | - | 0.00 |
| Net Assets From Acquisitions | 0.00 | -6.65 | 0.00 | - | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | - | -92.92 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | - | -92.92 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Cash from Investing Activities | -23.19 | -98.40 | -44.04 | - | -92.92 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Change in Capital Stock | 52.60 | -0.34 | 4.88 | - | 93.88 |
| Repurchase of Common Pref Stock | 0.00 | -0.34 | 0.00 | - | 0.00 |
| Sale of Common Pref Stock | 52.60 | 0.00 | 4.88 | - | 93.88 |
| Proceedsfrom Stock Options | 52.60 | 0.00 | 4.88 | - | 93.88 |
| Issuance or Reduction of Debt, Net | -5.60 | 5.44 | -6.98 | - | 0.00 |
| Change in Long Term Debt | -1.35 | -0.56 | 26.12 | - | 0.00 |
| Issuance of Long Term Debt | 0.00 | 56.68 | 65.66 | - | 0.00 |
| Reduction of Long Term Debt | -1.35 | -57.24 | -39.55 | - | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 4.00 | 0.01 | - | -0.50 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | - | -0.50 |
| Cash from Financing Activities | 47.00 | 9.10 | -2.09 | - | 93.38 |
| Exchange Rate Effect | -0.58 | -1.97 | -2.22 | - | - |
| Net Change in Cash | 51.23 | 41.71 | -1.85 | - | 0.28 |
| Free Cash Flow | 4.81 | 41.24 | 2.46 | - | -0.18 |
| Price to Free Cash Flow | 5.22 | 4.31 | 42.21 | - | - |
| Deferred Taxes & Investment Tax Credit | - | -0.18 | 0.00 | - | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2024Q2 | 2024Q1 | 2023Q4 | |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 110.04 | 58.81 | - | 0.07 | 0.05 | 0.00 |
| Short Term Receivables | 15.41 | 17.94 | - | 0.00 | 0.00 | 0.00 |
| Inventories | 132.13 | 114.47 | - | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 14.65 | 16.41 | - | 0.08 | 0.13 | 0.04 |
| Total Current Assets | 272.22 | 207.63 | - | 0.15 | 0.18 | 0.04 |
| Net Property, Plant & Equipment | 244.37 | 249.56 | - | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 13.38 | 13.38 | - | 42.40 | 41.67 | 70.69 |
| Intangible Assets | - | - | - | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 0.04 | 0.42 | - | - | - | - |
| Other Assets | 7.57 | 7.29 | - | 0.00 | 0.00 | 0.00 |
| Total Assets | 537.57 | 478.28 | - | 42.55 | 41.84 | 70.72 |
| Short Term Debt Incl. Current Port. of LT Debt | 29.21 | 82.99 | - | 2.49 | 2.05 | 1.87 |
| Accounts Payable | 66.13 | 50.84 | - | 0.00 | 0.00 | 0.00 |
| Income Tax Payable | 24.78 | 21.14 | - | - | - | - |
| Other Current Liabilities | 122.27 | 149.75 | - | 0.17 | 0.14 | 0.29 |
| Total Current Liabilities | 242.40 | 304.73 | - | 2.66 | 2.19 | 2.17 |
| Long Term Debt | 34.03 | 33.76 | - | 0.00 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 51.36 | 0.00 | - | 3.22 | 3.22 | 3.22 |
| Total Liabilities | 327.79 | 338.49 | - | 5.88 | 5.41 | 5.39 |
| Non-Equity Reserves | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Common Equity | 209.79 | 139.79 | - | 36.67 | 36.43 | 65.34 |
| Total Shareholders Equity | 209.79 | 139.79 | - | 36.67 | 36.43 | 65.34 |
| Accumulated Minority Interest | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Total Equity | 209.79 | 139.79 | - | 36.67 | 36.43 | 65.34 |
| Total Liabilities & Stockholders Equity | 537.57 | 478.28 | - | 42.55 | 41.84 | 70.72 |
| Book Value Per Share | 4.91 | 3.70 | - | 5.55 | 5.52 | 6.99 |
| Tangible Book Value Per Share | 4.91 | 3.70 | - | 5.55 | 5.52 | 6.99 |
| Full-Time Employees | - | - | - | - | - | 3 |
| Price to Book Ratio | 1.01 | 2.42 | - | - | - | - |
| Return on Assets | - | - | - | 3.10 | 3.43 | 2.65 |
| Return on Equity | - | - | - | 3.33 | 3.67 | 2.80 |
| Return on Invested Capital | 7.14 | 16.37 | - | 0.65 | 1.10 | 0.93 |
| Quick Ratio | 0.58 | 0.31 | - | 0.05 | 0.08 | 0.02 |
| Current Ratio | 1.12 | 0.68 | - | 0.05 | 0.08 | 0.02 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2024Q2 | 2024Q1 | 2023Q4 | |
|---|---|---|---|---|---|---|
| Net Income | - | - | - | 0.24 | 0.40 | 0.61 |
| Other Funds (Non Cash) | - | - | - | -0.55 | -0.61 | -0.96 |
| Funds from Operations | - | - | - | -0.32 | -0.21 | -0.35 |
| Extraordinary Item | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | - | - | - | 0.08 | -0.24 | 0.17 |
| Cash from Operating Activities | 28.00 | 33.44 | - | -0.24 | -0.45 | -0.18 |
| Capital Expenditures | -23.19 | -4.59 | - | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | - | -0.18 | 29.13 | 26.96 |
| Purchase of Investments | 0.00 | 0.00 | - | -0.18 | -0.18 | -0.45 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | - | 0.00 | 29.31 | 27.41 |
| Other Uses | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -23.19 | -4.59 | - | -0.18 | 29.13 | 26.96 |
| Cash Dividends Paid | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 52.60 | 0.00 | - | 0.00 | -29.31 | -27.41 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | - | 0.00 | -29.31 | -27.41 |
| Sale of Common Pref Stock | 52.60 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 52.60 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -5.60 | -15.84 | - | 0.44 | 0.18 | 0.63 |
| Change in Long Term Debt | -1.35 | -4.13 | - | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -1.35 | -4.13 | - | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | - | 0.00 | 0.50 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 47.00 | -15.84 | - | 0.44 | -28.63 | -26.78 |
| Exchange Rate Effect | -0.58 | 0.33 | - | - | - | - |
| Net Change in Cash | 51.23 | 13.33 | - | 0.02 | 0.05 | -0.00 |
| Free Cash Flow | 4.81 | 28.84 | - | -0.24 | -0.45 | -0.18 |
Revenue breakdown
| Provision Of Facilitation Services | 2024: 3.47M 2025: 4.73M |
|---|---|
| Sales Of Solar Cells | 2024: 173.48M 2025: 415.07M |
| Sales Of Solar Modules | 2025: 7.58M |
| Other Areas | 2024: 171.71M 2025: 85.94M |
| United States of America, Dollars | 2024: 5.25M 2025: 341.45M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 41.38% | 3.8M | 9.1M | 626.64K |
| 2026-10-15 | 45.06% | 4.1M | 9.1M | 645.43K |
| 2026-09-30 | 46.05% | 4.2M | 9.1M | 726.80K |
| 2026-09-15 | 47.14% | 4.3M | 9.1M | 909.65K |
| 2026-08-31 | 43.59% | 4.0M | 9.1M | 944.49K |
| 2026-08-14 | 29.90% | 2.7M | 9.1M | 807.30K |
| 2026-07-31 | 22.60% | 2.1M | 9.1M | 724.79K |
| 2026-07-15 | 24.51% | 2.2M | 9.0M | 659.73K |
| 2026-06-30 | 63.85% | 2.2M | 3.5M | 578.78K |
| 2026-06-15 | 49.66% | 1.5M | 3.0M | 345.90K |
| 2026-05-29 | 37.89% | 1.1M | 3.0M | 228.60K |
| 2026-05-15 | 20.05% | 0.6M | 3.0M | 167.47K |
| 2026-04-30 | 29.53% | 0.5M | 1.6M | 165.78K |
| 2026-04-15 | 27.11% | 0.4M | 1.6M | 134.92K |
| 2026-03-31 | 2.82% | 0.2M | 6.5M | 83.74K |
| 2026-03-13 | 2.70% | 0.2M | 6.5M | 80.55K |
| 2026-02-27 | 3.01% | 0.2M | 6.5M | 73.33K |
| 2026-02-13 | 3.16% | 0.2M | 6.5M | 62.19K |
| 2026-01-30 | 2.36% | 0.2M | 6.5M | 34.92K |
| 2026-01-15 | 2.43% | 0.2M | 6.5M | 32.75K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 2.15 | 3.20 | 2.75 | 7.342 | 39.00 | 0.00 | 0.958 | -0.013 | 0.001 |
| call | 5.00 | 0.45 | 0.60 | 0.60 | 1.764 | 722 | 5.00 | 0.590 | -0.039 | 0.003 |
| call | 7.50 | 0.00 | 0.10 | 0.05 | 3.604 | 94.00 | 0.00 | 0.342 | -0.055 | 0.003 |
| put | 2.50 | 0.00 | 0.05 | 0.04 | 4.543 | 35.00 | 0.00 | -0.086 | -0.032 | 0.001 |
| put | 5.00 | 0.20 | 0.75 | 0.40 | 2.531 | 286 | 0.00 | -0.414 | -0.038 | 0.003 |
| put | 7.50 | 2.00 | 3.20 | 0.00 | 4.579 | 0.00 | 0.00 | -0.860 | -0.019 | 0.002 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-11-01 | SEC |
| 2026-10-30 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-30 | SEC |
| 2026-10-30 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-30 | SEC |
| 2026-10-06 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-06 | SEC |
| 2026-09-28 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-28 | SEC |
| 2026-09-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-03 | SEC |
| 2026-08-19 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-30 | SEC |
| 2026-08-14 | SCHEDULE 13G | SEC | ||
| 2026-08-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-10 | SEC |
| 2026-07-20 | SCHEDULE 13G/A | SEC | ||
| 2026-07-17 | 3 | Initial statement of beneficial ownership of securities | 2026-07-01 | SEC |
| 2026-07-06 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-06 | SEC |
| 2026-07-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-30 | SEC |
| 2026-06-26 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-26 | SEC |
| 2026-06-25 | 424B5 | SEC | ||
| 2026-06-23 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-06-22 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-06-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-22 | SEC |
| 2026-06-22 | POS AM | Post-effective amendment to a registration statement that is not immediately effective upon filing | SEC | |
| 2026-06-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-18 | SEC |
| 2026-06-17 | F-3 | Registration statement for specified transactions by certain foreign private issuers | SEC | |
| 2026-06-04 | DRS | SEC | ||
| 2026-05-18 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-03-31 | SEC |
| 2026-04-23 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-23 | SEC |
| 2026-04-23 | 424B5 | SEC | ||
| 2026-04-14 | 424B3 | SEC | ||
| 2026-04-08 | 3 | Initial statement of beneficial ownership of securities | 2026-03-30 | SEC |
| 2026-04-06 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-06 | SEC |
| 2026-04-02 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-04-02 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-02 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| HEIGHTS CAPITAL MANAGEMENT, INC | 2.69% |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | 2.56% |
| Invesco Ltd. | 1.79% |
| SABBY MANAGEMENT, LLC | 1.37% |
| BlackRock, Inc. | 1.21% |
| AMERIPRISE FINANCIAL INC | 0.56% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.41% |
| PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | 0.34% |
| UBS Group AG | 0.28% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 0.15% |
Funds
| Fund | % owned |
|---|---|
| Invesco WilderHill Clean Energy ETF | 1.58% |
| iShares Russell 2000 ETF | 0.55% |
| AUER GROWTH | 0.40% |
| Fidelity Small Cap Index Fund | 0.21% |
| iShares Russell 2000 Value ETF | 0.14% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.11% |
| Fidelity Nasdaq Composite Index Fund | 0.09% |
| Goldman Sachs Small Cap Value Insights Fund | 0.08% |
| iShares Micro-Cap ETF | 0.07% |
| iShares Russell 2000 Growth ETF | 0.07% |
OakChart. TOYO. Cached 15 minutes.
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