Dashboard
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of -2.77% and Operating profit at -157.83% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 2.20% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of -2.77% and Operating profit at -157.83% over the last 5 years
3
With a fall in Operating Profit of -15.32%, the company declared Very Negative results in Mar 25
4
Risky -
5
Underperformed the market in the last 1 year
Stock DNA
Other Electrical Equipment
CNY 4,217 Million (Small Cap)
NA (Loss Making)
NA
0.34%
0.33
-1.76%
1.02
Revenue and Profits:
Net Sales:
247 Million
(Quarterly Results - Jun 2025)
Net Profit:
-19 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
4.07%
0%
4.07%
6 Months
22.68%
0%
22.68%
1 Year
-1.79%
0%
-1.79%
2 Years
-14.48%
0%
-14.48%
3 Years
-27.68%
0%
-27.68%
4 Years
-49.47%
0%
-49.47%
5 Years
-12.73%
0%
-12.73%
Shenzhen Topray Solar Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-2.77%
EBIT Growth (5y)
-157.83%
EBIT to Interest (avg)
1.33
Debt to EBITDA (avg)
2.35
Net Debt to Equity (avg)
0.32
Sales to Capital Employed (avg)
0.19
Tax Ratio
45.42%
Dividend Payout Ratio
129.87%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.41%
ROE (avg)
2.20%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.02
EV to EBIT
-526.81
EV to EBITDA
16.43
EV to Capital Employed
1.02
EV to Sales
5.19
PEG Ratio
NA
Dividend Yield
0.34%
ROCE (Latest)
-0.19%
ROE (Latest)
-1.76%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
247.20
248.00
-0.32%
Operating Profit (PBDIT) excl Other Income
81.70
58.40
39.90%
Interest
15.10
15.10
Exceptional Items
0.20
0.30
-33.33%
Consolidate Net Profit
-19.40
-40.80
52.45%
Operating Profit Margin (Excl OI)
-28.80%
-122.40%
9.36%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -0.32% vs 27.31% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 52.45% vs -101.98% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
1,291.00
1,101.80
17.17%
Operating Profit (PBDIT) excl Other Income
437.60
369.00
18.59%
Interest
71.70
86.40
-17.01%
Exceptional Items
-3.80
-5.00
24.00%
Consolidate Net Profit
10.80
23.10
-53.25%
Operating Profit Margin (Excl OI)
76.10%
56.30%
1.98%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 17.17% vs -15.31% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -53.25% vs -75.99% in Dec 2023
About Shenzhen Topray Solar Co., Ltd. 
Shenzhen Topray Solar Co., Ltd.
Other Electrical Equipment
No Details Available.
Company Coordinates 
No Company Details Available






