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Golden Solar New Energy Technology Holdings (HKSE:01121) Median PS Value : HK$0.65 (As of Apr. 29, 2024)


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What is Golden Solar New Energy Technology 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. Golden Solar New Energy Technology Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$0.182. Golden Solar New Energy Technology Holdings's 10-Year median PS Ratio is 3.5714. Therefore, the Median PS Value for today is HK$0.65.

As of today (2024-04-29), Golden Solar New Energy Technology Holdings's share price is HK$4.86. Golden Solar New Energy Technology Holdings's Median PS Value is HK$0.65. Therefore, Golden Solar New Energy Technology Holdings's Price to Median PS Value for today is 7.48.

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

HKSE:01121' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 3.29   Med: 12.72   Max: 14.93
Current: 7.48

During the past 13 years, the highest Price to Median PS Value of Golden Solar New Energy Technology Holdings was 14.93. The lowest was 3.29. And the median was 12.72.

HKSE:01121's Price-to-Median-PS-Value is ranked worse than
95.64% of 665 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.1 vs HKSE:01121: 7.48

Golden Solar New Energy Technology Holdings Median PS Value Historical Data

The historical data trend for Golden Solar New Energy Technology 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.

Golden Solar New Energy Technology Holdings Median PS Value Chart

Golden Solar New Energy Technology 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 - 0.24 0.67 0.65 -

Golden Solar New Energy Technology 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 0.67 - 0.65 - -

Competitive Comparison of Golden Solar New Energy Technology Holdings's Median PS Value

For the Footwear & Accessories subindustry, Golden Solar New Energy Technology 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.


Golden Solar New Energy Technology Holdings's Price-to-Median-PS-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golden Solar New Energy Technology Holdings's Price-to-Median-PS-Value distribution charts can be found below:

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



Golden Solar New Energy Technology Holdings Median PS Value Calculation

Golden Solar New Energy Technology Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.182*3.5714
=0.65

10-Year Median PS Ratio is 3.5714.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Golden Solar New Energy Technology Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was HK$0.182.

* 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.


Golden Solar New Energy Technology Holdings  (HKSE:01121) 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.

Golden Solar New Energy Technology Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=4.86/0.65
=7.48

* 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.


Golden Solar New Energy Technology Holdings Median PS Value Related Terms

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Golden Solar New Energy Technology Holdings (HKSE:01121) Business Description

Traded in Other Exchanges
N/A
Address
Huoju Industrial Zone, Jiangnan Town, Licheng District, Fujian Province, Quanzhou, CHN, 362300
Golden Solar New Energy Technology Holdings Ltd is a material technology company that engages in different market segments such as footwear, environmental protection and energy-related fields.

Golden Solar New Energy Technology Holdings (HKSE:01121) Headlines

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