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Xinyi Solar Holdings (HKSE:00968) Median PS Value : HK$13.43 (As of May. 09, 2024)


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What is Xinyi Solar Holdings Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Xinyi Solar Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.991. Xinyi Solar Holdings's 10-Year median PS Ratio is 4.4901. Therefore, the Median PS Value for today is HK$13.43.

As of today (2024-05-09), Xinyi Solar Holdings's share price is HK$5.86. Xinyi Solar Holdings's Median PS Value is HK$13.43. Therefore, Xinyi Solar Holdings's Price to Median PS Value for today is 0.44.

The historical rank and industry rank for Xinyi Solar Holdings's Median PS Value or its related term are showing as below:

HKSE:00968' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.34   Med: 0.34   Max: 0.44
Current: 0.44

During the past 12 years, the highest Price to Median PS Value of Xinyi Solar Holdings was 0.44. The lowest was 0.34. And the median was 0.34.

HKSE:00968's Price-to-Median-PS-Value is ranked better than
93% of 514 companies
in the Semiconductors industry
Industry Median: 1.42 vs HKSE:00968: 0.44

Xinyi Solar Holdings Median PS Value Historical Data

The historical data trend for Xinyi Solar Holdings's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xinyi Solar Holdings Median PS Value Chart

Xinyi Solar Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13.43

Xinyi Solar Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 13.43

Competitive Comparison of Xinyi Solar Holdings's Median PS Value

For the Solar subindustry, Xinyi Solar Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xinyi Solar Holdings's Price-to-Median-PS-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Price-to-Median-PS-Value falls into.



Xinyi Solar Holdings Median PS Value Calculation

Xinyi Solar Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.991*4.4901
=13.43

10-Year Median PS Ratio is 4.4901.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Xinyi Solar Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.991.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Xinyi Solar Holdings  (HKSE:00968) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Xinyi Solar Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=5.86/13.43
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Xinyi Solar Holdings Median PS Value Related Terms

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Xinyi Solar Holdings (HKSE:00968) Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Xinyi Solar Holdings (HKSE:00968) Headlines

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