Solming Green Energy Co., Ltd.

NT$30.90As of Sun 8 Nov 2026, 12:00 UTC

TPEx:7914Utilities

Country Taiwan

PE (Fwd) •••

TSR 10Y CAGR —

Div yield —

ROE —

Utilities (Renewable)

Beta (5Y) —

PE TTM —

TSR TTM —

Mkt cap NT$1.633B

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

NT$36

15.85%

(74.35%)

Hold 7|6|12|1|11

TTM

FYE 31 Dec TWD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

249.5

RevenueNT$M

363.9

372.5

368.1

362.1

361.2

367.8

371.1

363.8

362.5

360.0

259.7

(0.07%)

(0.15%)

22.05

Revenue growth%

3.16

4.51

6.10

7.09

9.67

10.11

10.84

8.28

9.04

6.28

28.21

9.04

7.69

4.20

Gross margin%

4.27

1.75

0.40

2.16

2.00

2.63

0.40

3.05

2.00

14.40

2.00

4.52

Operating margin%

3.02

1.78

3.48

5.82

3.15

4.72

5.92

8.58

10.14

10.47

16.11

8.58

5.27

4.07

Net margin%

13.27

13.66

15.02

15.70

14.48

11.72

14.03

11.91

14.52

16.90

6.09

14.03

14.25

18.72

P/E ratio (avg)x

29.03

31.08

30.67

28.64

30.80

34.14

30.51

31.44

32.58

7.511

31.44

30.94

9.992

EV/EBITx

30.96

32.58

27.57

23.51

20.92

20.46

19.48

17.86

15.42

15.88

15.10

17.86

20.69

2.25

FCF yield (avg)%

25.09

28.04

26.76

25.70

24.95

22.18

19.49

17.57

18.05

3.41

19.49

25.02

14.42

FCF margin%

20.41

18.86

20.00

22.48

22.38

20.04

17.70

20.13

21.36

23.80

8.41

20.13

20.27

0.251

FCF / Net incomex

1.427

1.551

1.670

1.558

1.435

1.643

1.747

1.931

1.952

1.836

1.032

1.836

1.657

15.56

ROIC%

14.82

16.56

16.70

16.52

17.54

18.42

18.56

16.57

16.92

15.24

14.63

16.92

16.63

13.81

Return on equity%

29.16

28.88

30.79

29.85

31.77

31.94

31.09

28.61

27.73

29.90

12.44

29.90

29.87

15.67

Return on assets%

4.84

2.44

3.95

1.52

0.40

3.13

4.11

6.36

6.93

4.06

21.18

4.11

4.00

2.51

EPSNT$

1.32

1.31

1.21

1.16

0.99

0.97

1.06

0.93

0.90

2.75

(4.98%)

(3.69%)

—

11.00

EPS growth%

3.98

3.13

5.18

4.68

4.61

2.65

3.80

1.99

0.59

0.40

23.86

1.99

3.47

2.49

Bookvalue per shNT$

1.23

1.26

1.37

1.29

1.23

1.25

1.19

1.22

1.35

0.72

1.90%

2.08%

—

2.44

FCF per shareNT$

1.98

2.13

2.33

2.21

2.35

2.34

2.49

2.74

3.16

3.41

1.66

7.77%

6.86%

—

0.97

Dividend per shNT$

0.55

0.49

0.47

0.48

0.52

0.55

0.60

0.62

0.58

2.31

3.89%

0.14%

—

14.16

Div yield (avg)%

26.98

24.51

23.93

22.29

22.37

21.41

22.65

24.73

27.33

27.48

5.66

24.73

24.22

29.41

Payout ratio%

26.12

25.61

23.49

21.71

19.01

19.18

19.34

20.02

20.19

21.13

13.63

20.02

20.66

51.94

Shares (diluted)M

55.97

58.09

57.92

62.91

64.23

60.59

60.30

65.39

62.88

59.97

53.87

(1.36%)

1.20%

26.49

Buyback yield%

19.40

17.23

18.53

17.16

15.48

13.73

13.80

15.64

13.13

12.86

6.48

13.73

15.56

1.158

D/E ratiox

1.436

1.610

1.717

1.711

1.663

1.626

1.927

2.091

2.337

2.776

0.499

2.091

1.714

58.51

Enterprise valueNT$M

189.6

213.1

219.9

203.7

182.0

165.4

152.8

160.6

145.1

99.77

(6.56%)

(2.59%)

115.0

LT debtNT$M

150.8

169.6

169.7

167.6

156.4

155.0

167.3

163.2

168.5

155.3

236.9

(0.14%)

0.41%

Peers (US$47.01M)

Cap (US$)

Susen Green Energy Co.…

82.61M

—

Santi Renewable Energy…

71.39M

—

TEINCO Technology Co.…

40.37M

—

Sesan4A Hydropower JSC

50.12M

7.322x

Capital

TTM

10Y

Leveragex

1.003

(0.392)

(0.369)

EBIT/Intx

1.753

0.496

0.492

Own earn%

6.60

(38.49)

(40.97)

Sh yield%

40.65

40.34

40.36

Owners

Insiders/Inst%

9.21

60.99

Short interest%

1.52

SBC / revenue%

3.18

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

2–10

$1 testx

−0.2

Incr. ROIC%

−1

Solming Green Energy Co., Ltd. engages in the construction and operation of solar photovoltaic power generation systems in Taiwan. The company offers services, including the development and construction of behind-the-meter energy storage systems, large-scale front-of-meter energy storage system engineering, regional micro-grid system integration, and solar power wholesale for enterprises.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

NT$360.0M

(0.15%)

1.00×

Cost of revenue

NT$207.6M

(0.42%)

0.97×

Operating expenses

NT$76.75M

(0.03%)

1.01×