Shanghai Aiko Solar Energy (600732) Stock Price, Fundamentals & Analysis

What 600732 does

Shanghai Aiko Solar Energy (600732) is a stock listed on the Shanghai Stock Exchange in the Technology sector, Solar industry. The company researches, manufactures, and sells photovoltaic products such as solar cells, all-back-contact modules, and digital products. It serves residential, commercial, industrial, and utility customers, as well as installers, distributors, and module manufacturers, and exports to Europe, Asia Pacific, Japan, Korea, the Middle East, Australia, and Africa.

Key numbers explained

• The current price is 11.02 CNY, up +1.47% today.
• The forward P/E ratio of 18.7 divides the current price by expected future earnings; a lower number can suggest lower relative valuation, while a negative trailing 12-month EPS of -1.19 CNY shows the company lost money over the past year.
• The dividend yield is 0%, with 0% of earnings paid out as dividends and an ex-dividend date of 16 Jun 2023, meaning shareholders of record before that date received no cash payout.
• Market capitalisation of 23.31 mld. CNY reflects the total value of all outstanding shares.
• The beta of 0.17 suggests the stock has historically moved much less than the broader market.
• The 52-week range of 9.93 – 17.8 shows the lowest and highest traded prices over the past year, with the current price near the lower end.
• Revenue of 16.35 mld. CNY grew 10.1% year over year, while the profit margin of -14.3% and operating margin of -5.4% indicate ongoing losses at the operating level.
• The debt-to-equity ratio of 171.2% means the company carries more debt than equity, and the price-to-book of 5.17 compares the share price to its book value per share.

What to watch

Shanghai Aiko Solar Energy operates in the solar industry, where policy support, raw-material costs, and global trade flows can affect demand and margins. As a small-cap stock with a low beta of 0.17, it may be less volatile than large-cap peers such as Wingtech (600745), but it still carries typical sector risks around overcapacity and pricing pressure. Investors often compare it with other Shanghai-listed names like GigaDevice (603986) or HANGZHOU FIRST PV MATERIAL (603806) to gauge relative valuation and growth prospects.