Sunrise New Financials

EPOW Stock  USD 0.85  0.03  3.41%   
Based on the key measurements obtained from Sunrise New's financial statements, Sunrise New Energy is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Sunrise New's Non Currrent Assets Other are fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 126.5 M in 2024, despite the fact that Retained Earnings are likely to grow to (28.9 M). Key indicators impacting Sunrise New's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio7.897.5188
Sufficiently Up
Slightly volatile
Current Ratio0.540.5641
Sufficiently Down
Pretty Stable
Investors should never underestimate Sunrise New's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Sunrise New's cash flow, debt, and profitability to make informed and accurate decisions about investing in Sunrise New Energy.

Net Income

(23.02 Million)

  
Understanding current and past Sunrise New Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sunrise New's financial statements are interrelated, with each one affecting the others. For example, an increase in Sunrise New's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sunrise New's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sunrise New Energy. Check Sunrise New's Beneish M Score to see the likelihood of Sunrise New's management manipulating its earnings.

Sunrise New Stock Summary

Sunrise New competes with FREYR Battery, Microvast Holdings, Chardan NexTech, Solid Power, and Plug Power. Sunrise New Energy Co., Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. Sunrise New Energy Co., Ltd. was founded in 2014 and is headquartered in Zibo, the Peoples Republic of China. Sunrise New is traded on NASDAQ Exchange in the United States.
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIPG3932F106
LocationChina
Business AddressRD Building, Room
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.sunrisenewenergy.com
Phone86 10 8296 7728
CurrencyUSD - US Dollar

Sunrise New Key Financial Ratios

Sunrise New Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets27.0M39.7M58.7M107.0M120.5M126.5M
Other Current Liab3.2M529.2K330.9K5.0M17.8M18.7M
Net Debt(9.1M)(10.9M)(13.8M)8.1M26.4M27.7M
Retained Earnings14.4M25.7M17.3M(6.2M)(30.5M)(28.9M)
Accounts Payable2.8M33.7K34.5K12.3M33.9M35.6M
Cash9.4M11.0M13.9M4.3M3.6M6.9M
Net Receivables5.9M12.6M8.1M6.0M10.4M7.0M
Inventory3.3M2.7M3.1M21.2M15.8M16.6M
Other Current Assets480.3K1.3M3.3M15.3M6.0M4.3M
Total Liab7.0M5.6M1.7M33.7M75.2M78.9M
Total Current Assets19.2M27.7M34.3M44.6M35.8M28.7M
Short Term Debt263.8K63.3K99.6K7.6M19.0M19.9M
Net Invested Capital19.8M34.0M53.9M42.8M25.5M34.2M
Net Working Capital12.7M22.7M32.6M18.6M(27.7M)(26.3M)

Sunrise New Key Income Statement Accounts

The reason investors look at the income statement is to determine what Sunrise New's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense539.4K415.4K3.3M27.1K31.2K29.6K
Total Revenue17.9M23.2M7.4M38.1M45.1M23.2M
Gross Profit15.8M20.2M3.5M(1.4M)(12.4M)(11.8M)
Operating Income10.8M14.7M(7.4M)(16.2M)(27.4M)(26.0M)
Ebit10.8M14.7M(7.5M)(16.2M)(27.7M)(26.3M)
Research Development795.5K671.3K2.2M1.1M1.2M1.1M
Ebitda11.3M16.0M(6.4M)(14.0M)(23.2M)(22.0M)
Cost Of Revenue2.1M3.0M3.9M39.5M57.5M60.3M
Income Before Tax11.0M15.0M(9.0M)(22.3M)(32.9M)(31.3M)
Net Income9.7M12.1M(8.4M)(22.6M)(24.2M)(23.0M)
Income Tax Expense1.6M3.1M(236.6K)809.0K(226.0)(214.7)
Tax Provision1.6M3.1M(236.6K)809.0K(226.0)(214.7)
Net Interest Income212.3K214.5K173.2K(27.1K)(2.2M)(2.1M)
Minority Interest365.6K130.2K311.1K720.0K8.7M9.1M

Sunrise New Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(823.8K)667.8K(331.5K)(18.7M)(5.1M)(5.4M)
Change In Cash(2.2M)1.5M3.0M(9.6M)(673.4K)(639.7K)
Free Cash Flow(2.3M)2.4M(13.6M)(57.7M)(14.4M)(15.2M)
Depreciation496.2K1.2M1.1M2.3M4.3M4.5M
Other Non Cash Items8.2M11.8M6.3M11.7M13.2M7.8M
Capital Expenditures3.5M4.5M8.3M44.1M7.2M10.6M
Net Income9.7M12.1M(8.4M)(22.6M)(24.2M)(23.0M)
End Period Cash Flow9.4M11.0M13.9M4.3M3.6M6.9M
Investments105.8K(1.7M)(22.1M)(45.6M)(7.0M)(7.4M)

Sunrise Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sunrise New's current stock value. Our valuation model uses many indicators to compare Sunrise New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sunrise New competition to find correlations between indicators driving Sunrise New's intrinsic value. More Info.
Sunrise New Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Sunrise New's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sunrise New by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sunrise New Energy Systematic Risk

Sunrise New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sunrise New volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Sunrise New Energy correlated with the market. If Beta is less than 0 Sunrise New generally moves in the opposite direction as compared to the market. If Sunrise New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sunrise New Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sunrise New is generally in the same direction as the market. If Beta > 1 Sunrise New moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Sunrise New is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Sunrise has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Sunrise New's financials are consistent with your investment objective using the following steps:
  • Review Sunrise New's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Sunrise New's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Sunrise New's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Sunrise New's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Sunrise New Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sunrise New's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sunrise New growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0565)

At this time, Sunrise New's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Sunrise New November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sunrise New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sunrise New Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sunrise New Energy based on widely used predictive technical indicators. In general, we focus on analyzing Sunrise Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sunrise New's daily price indicators and compare them against related drivers.

Additional Tools for Sunrise Stock Analysis

When running Sunrise New's price analysis, check to measure Sunrise New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sunrise New is operating at the current time. Most of Sunrise New's value examination focuses on studying past and present price action to predict the probability of Sunrise New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunrise New's price. Additionally, you may evaluate how the addition of Sunrise New to your portfolios can decrease your overall portfolio volatility.