Sky Solar Holdings, Ltd., an investment holding company, operates as an independent power producer worldwide. The company develops, owns, and operates solar parks primarily in the downstream solar market. It also sells solar energy systems, including pipeline; and engineering, construction, and procurement services, as well as engages in building and transferring solar parks. As of December 31, 2017, the company developed 318 solar parks with an aggregate capacity of 377.2 megawatts (MW) in Japan, Bulgaria, the Czech Republic, Spain, Canada, the United States, and Uruguay; and owned and operated 196.7 MW of solar parks, including 96.3 MW in Japan, 5.6 MW in the Czech Republic, 0.2 MW in Canada, 0.9 MW in Spain, 22.1 MW in the United States, and 71.6 MW in Uruguay. It also had approximately 400 MW of solar projects in various stages of development in countries, such as Chile, Japan, Canada, and the United States comprising 6.6 MW under construction, 180.1 MW of shovel-ready projects, and approximately 250 MW of solar parks in pipeline. The company has strategic partnership agreement with Hudson Clean Energy Partners for investing in renewable power and clean energy. Sky Solar Holdings, Ltd. was founded in 2009 and is headquartered in Admiralty, Hong Kong.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNASDAQ:SKYS
CUSIPN/A
Phone852-3960-6548
Debt
Debt-to-Equity Ratio2.17
Current Ratio0.80
Quick Ratio0.80
Price-To-Earnings
Trailing P/E Ratio-1.28
Forward P/E Ratio10.20
P/E Growth0.29
Sales & Book Value
Annual Sales$56.73 million
Price / Sales7.01
Cash FlowN/A
Price / CashN/A
Book Value$0.27 per share
Price / Book3.78
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees164
Outstanding Shares390,030,000
Market Cap$401.73
Sky Solar (NASDAQ:SKYS) Frequently Asked Questions
What is Sky Solar's stock symbol?
Sky Solar trades on the NASDAQ under the ticker symbol "SKYS."
How were Sky Solar's earnings last quarter?
Sky Solar Holdings Ltd (NASDAQ:SKYS) posted its quarterly earnings data on Monday, May, 15th. The solar energy provider reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by $0.09. The solar energy provider earned $13.83 million during the quarter. View Sky Solar's Earnings History.
What price target have analysts set for SKYS?
2 brokerages have issued 12-month target prices for Sky Solar's shares. Their forecasts range from $5.00 to $5.00. On average, they expect Sky Solar's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 390.2% from the stock's current price. View Analyst Ratings for Sky Solar.
What is the consensus analysts' recommendation for Sky Solar?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sky Solar in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Sky Solar's key competitors?
Some companies that are related to Sky Solar include Cent PUERTO S A/S (CEPU), Companhia Paranaense de Energia (ELP), TransAlta (TAC), Empresa Distribuidora y Cmrz Nrt (EDN), Innergex Renewable Energy (INGXF), CENTRAIS ELETRI/S (EBR.B), Datang Intl Power Generation (DIPGY), 8Point3 Energy Partners (CAFD), ENEVA S A/S (ENEVY), COMPANHIA PARAN/S (ELPVY), Azure Power Global (AZRE), AK Pwr & Tel Co/SH SH (APTL), Biotricity (BTCY), Summer Energy (SUME) and Ocean Power Technologies (OPTT).
Who are Sky Solar's key executives?
Sky Solar's management team includes the folowing people:
- Mr. Jianmin Wang, Chief Financial Officer, Sec. of the Board and Director (Age 47)
- Mr. Sanjay Kumar Shrestha, Chief Investment Officer and Pres of Sky Capital Americas (Age 44)
- Mr. Ping Liu, Managing Director of the North American Region (Age 52)
- Mr. Zhi Hao, Chief Risk Officer (Age 42)
- Ms. Ronghui Zhang, Exec. VP and Managing Director for Europe (Excluding Spain) (Age 43)
When did Sky Solar IPO?
(SKYS) raised $44 million in an IPO on Thursday, November 13th 2014. The company issued 5,500,000 shares at $8.00 per share. Roth Capital Partners acted as the underwriter for the IPO and Northland Capital Markets was co-manager.
Has Sky Solar been receiving favorable news coverage?
News coverage about SKYS stock has trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sky Solar earned a coverage optimism score of 0.12 on Accern's scale. They also assigned media headlines about the solar energy provider an impact score of 46.14 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
How do I buy shares of Sky Solar?
Shares of SKYS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sky Solar's stock price today?
One share of SKYS stock can currently be purchased for approximately $1.02.
How big of a company is Sky Solar?
Sky Solar has a market capitalization of $401.73 million and generates $56.73 million in revenue each year. The solar energy provider earns $-33,170,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis. Sky Solar employs 164 workers across the globe.
How can I contact Sky Solar?
Sky Solar's mailing address is ROOM 635 6/F 100 QRC QUEEN`S ROAD CENTRAL, HONG KONG F4, . The solar energy provider can be reached via phone at 852-3960-6548 or via email at [email protected]
MarketBeat Community Rating for Sky Solar (NASDAQ SKYS)
MarketBeat's community ratings are surveys of what our community members think about Sky Solar and other stocks. Vote "Outperform" if you believe SKYS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SKYS will underperform the S&P 500 over the long term. You may vote once every thirty days.
