Tianjin Zhonghuan Semiconductor (002129) Stock Price, Fundamentals & Analysis

What 002129 does

Tianjin Zhonghuan Semiconductor (002129), now operating as TCL Zhonghuan Renewable Energy Technology Co., Ltd., researches, develops, produces, and sells silicon materials in China and internationally. The company supplies mono wafers and shingled modules and is also involved in the photovoltaic power station business, including resource development, EPC engineering construction and management, and intelligent operation and maintenance services. Founded in 1958 and headquartered in Tianjin, China, it operates as a subsidiary of TCL Technology Group Corporation. It is listed on the Shenzhen Stock Exchange in the Technology sector, specifically Semiconductor Equipment & Materials.

Key numbers explained

• The current price is 9.35 CNY, down 2.71% today.
• The marketCap of 37.8 mld. CNY reflects the total market value of all outstanding shares.
• The P/E ratio (price-to-earnings) is -34.4 on expected earnings; a negative ratio means the company is currently reporting losses.
• Earnings per share (trailing 12 months) is -2.05 CNY, showing a loss per share over the last year.
• The dividend yield is 0%, with 0% of earnings paid out as dividends and an ex-dividend date of 9 iul. 2024.
• Beta of 0.67 suggests the stock tends to be less volatile than the overall market.
• The 52-week range is 8,1 – 12,44, with a one-year price change of 3,7%.
• Revenue (trailing 12 months) is 29,97 mld. CNY, growing 6,4% year over year.
• Profit margin is -27,4% and operating margin is -28%, indicating losses on each yuan of revenue.
• Return on equity is -22,2%, and the debt-to-equity ratio is 163,3%, meaning debt exceeds equity.
• Price-to-book is 2,05, comparing the market price to the company's book value per share.

What to watch

Investors tracking 002129 often monitor its position within the broader semiconductor and renewable energy landscape. As a subsidiary of TCL Technology Group Corporation, its performance can be linked to the strategies of its parent company, similar to how TCL Corporation (000100) operates within the same ecosystem. The company's focus on silicon materials and photovoltaic stations places it in a sector influenced by global energy transitions and technology cycles. Its inclusion in indices like the CSI 300 can affect passive fund flows. Peer companies such as Ingenic Semiconductor (300223), Sangfor Technologies (300454), SG Micro (300661), Ninestar Corporation (002180), Chaozhou Three-Circle (300408), and Suzhou Maxwell Technologies (300751) operate in adjacent areas of the Shenzhen Stock Exchange stocks universe, offering context for relative comparisons. Broader Shenzhen Stock Exchange stocks trends and sector-specific developments in Technology and Semiconductor Equipment & Materials are also relevant factors to observe.