Skycorp Solar Group Limited(PN)Earnings, Financials & Key Ratios
PN•NASDAQ
$7.71
$10M mkt cap·Price updated May 7, 2026
AboutSkycorp Solar Group Limited operates as a holding company. The Company, through its subsidiaries, manufactures and markets solar cables, connectors, energy storage systems, inverters, batteries, and AC modules.Show more
- Revenue$63M+27.0%
- EBITDA-$2M-211.2%
- Net Income-$3M-672.4%
- EPS (Diluted)-2.20-747.1%
- Gross Margin9.95%-24.1%
- EBITDA Margin-2.81%-187.6%
- Operating Margin-4.03%-279.0%
- Net Margin-4.26%-550.9%
- ROE-13.07%-596.9%
- ROIC-10.79%-302.0%
- Debt/Equity0.26+68.9%
- Interest Coverage-9.47-229.8%
PN Key Insights
Skycorp Solar Group Limited (PN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 8.7% through buybacks
- ✓Trading at only 0.4x book value
- ✓Efficient asset utilization: 1.4x turnover
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Weak momentum: RS Rating 1 (bottom 1%)
- ✗Thin 5Y average net margin of 1.4%
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PN Price & Volume
Skycorp Solar Group Limited (PN) stock price & volume — 10-year historical chart
Loading chart...
PN Growth Metrics
Skycorp Solar Group Limited (PN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years2.34%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years10.32%
5 Years10.32%
3 Years3.42%
Last Year-11.86%
PN Peer Comparison
Skycorp Solar Group Limited (PN) competitors in Solar modules and inverters — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CSIQ | 1.18B | 17.68 | -11.41 | -6.65% | -1.86% | -2.47% | 1.80 | |
 JKS | 305.58M | 23.34 | -0.48 | -30.94% | -3.36% | -7.71% | 1.93 | |
 DQ | 1.24B | 18.37 | -7.20 | -35.34% | -32.94% | -3.19% | ||
 SOL | 99.56M | 1.94 | -8.08 | -12.85% | -7.48% | -1.65% | 0.19 | |
 FSLR | 23.06B | 214.57 | 15.10 | 24.09% | 30.73% | 18.01% | 0.05 | |
 SPWR | 866.02M | 1.02 | -15.25 | 2.92% | -13.21% | |||
 ARRY | 1.25B | 8.20 | -11.23 | 40.22% | -5.56% | -20.64% | 2.94 | |
 MAXN | 8.07M | 0.48 | -0.01 | -54.68% | -320.48% |
Compare PN vs Peers
Skycorp Solar Group Limited (PN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PN Income Statement
Skycorp Solar Group Limited (PN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 40.32M | 59.06M | 50.82M | 49.86M | 63.31M | 12.09M |
| Revenue Growth % | - | 46.46% | -13.96% | -1.87% | 26.97% | - |
| Cost of Goods Sold | 32.56M | 50.06M | 42.19M | 43.33M | 57.01M | 10.24M |
| COGS % of Revenue | 80.75% | 84.76% | 83.03% | 86.9% | 90.05% | - |
| Gross Profit | 7.76M▲ 0% | 9M▲ 16.0% | 8.62M▼ 4.2% | 6.53M▼ 24.2% | 6.3M▼ 3.6% | 1.85M▲ 0% |
| Gross Margin % | 19.25% | 15.24% | 16.97% | 13.1% | 9.95% | - |
| Gross Profit Growth % | - | 15.98% | -4.21% | -24.21% | -3.58% | - |
| Operating Expenses | 4.63M | 5.8M | 5.9M | 5.41M | 8.85M | 1.6M |
| OpEx % of Revenue | 11.47% | 9.82% | 11.62% | 10.85% | 13.98% | - |
| Selling, General & Admin | 4.62M | 5.48M | 5.3M | 3.54M | 7.17M | 1.41M |
| SG&A % of Revenue | 11.45% | 9.28% | 10.42% | 7.1% | 11.32% | - |
| Research & Development | 11.38K | 318.31K | 607.48K | 1.87M | 1.68M | 188K |
| R&D % of Revenue | 0.03% | 0.54% | 1.2% | 3.76% | 2.65% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 3.13M▲ 0% | 3.2M▲ 2.1% | 2.72M▼ 15.1% | 1.12M▼ 58.7% | -2.55M▼ 327.3% | 252.16K▲ 0% |
| Operating Margin % | 7.77% | 5.42% | 5.35% | 2.25% | -4.03% | - |
| Operating Income Growth % | - | 2.13% | -15.07% | -58.73% | -327.27% | - |
| EBITDA | 3.2M | 3.37M | 3.14M | 1.6M | -1.78M | 340.25K |
| EBITDA Margin % | 7.93% | 5.7% | 6.17% | 3.2% | -2.81% | - |
| EBITDA Growth % | - | 5.25% | -6.78% | -49.09% | -211.23% | - |
| D&A (Non-Cash Add-back) | 64.8K | 166.08K | 420.17K | 475.89K | 772.09K | 88.09K |
| EBIT | 3.11M | 3.28M | 2.65M | 1.48M | -1.97M | 252.16K |
| Net Interest Income | -2.29K | -33.25K | -51.25K | -151.73K | -146.89K | -16.18K |
| Interest Income | 17.34K | 21.3K | 37.48K | 50.97K | 60.95K | 0 |
| Interest Expense | 19.63K | 54.55K | 88.73K | 202.69K | 207.85K | 0 |
| Other Income/Expense | -42.98K | 24.39K | -157.92K | 154.1K | 373.33K | 34.82K |
| Pretax Income | 3.09M▲ 0% | 3.22M▲ 4.3% | 2.56M▼ 20.6% | 1.28M▼ 50.2% | -2.18M▼ 270.5% | 286.98K▲ 0% |
| Pretax Margin % | 7.66% | 5.46% | 5.04% | 2.56% | -3.44% | 2.37% |
| Income Tax | 808.17K | 1.07M | 752.07K | 109.8K | 36.09K | 90.99K |
| Effective Tax Rate % | 26.15% | 33.33% | 29.38% | 8.61% | -1.66% | 31.71% |
| Net Income | 2.09M▲ 0% | 1.62M▼ 22.4% | 1.1M▼ 32.0% | 470.99K▼ 57.2% | -2.7M▼ 672.4% | -32.88K▲ 0% |
| Net Margin % | 5.17% | 2.74% | 2.16% | 0.94% | -4.26% | - |
| Net Income Growth % | - | -22.43% | -32.04% | -57.17% | -672.41% | - |
| Net Income (Continuing) | 2.28M | 2.15M | 1.81M | 1.17M | -2.21M | 195.98K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 677.3K | 1.09M | 1.75M | 2.34M | 2.59M | 2.45M |
| EPS (Diluted) | 1.51▲ 0% | 1.17▼ 22.4% | 0.81▼ 30.3% | 0.34▼ 58.2% | -2.20▼ 747.1% | -▲ 0% |
| EPS Growth % | - | -22.44% | -30.31% | -58.23% | -747.06% | - |
| EPS (Basic) | 1.55 | 1.17 | 0.81 | 0.34 | -2.20 | - |
| Diluted Shares Outstanding | 1.39M | 1.39M | 1.39M | 1.39M | 1.26M | 1.26M |
| Basic Shares Outstanding | 1.35M | 1.39M | 1.39M | 1.39M | 1.27M | 1.27M |
| Dividend Payout Ratio | - | - | - | - | - | - |
PN Balance Sheet
Skycorp Solar Group Limited (PN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 25.86M | 32.27M | 27.24M | 25.43M | 34.59M | 33.08M |
| Cash & Short-Term Investments | 1.65M | 3.45M | 5.64M | 5.17M | 9.34M | 9.74M |
| Cash Only | 1.65M | 3.45M | 5.64M | 5.17M | 9.34M | 9.74M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.66M | 8.54M | 11.51M | 13.55M | 14.21M | 11.08M |
| Days Sales Outstanding | 15.05 | 52.79 | 82.67 | 99.19 | 81.91 | 334.6 |
| Inventory | 5.83M | 9M | 4.03M | 2.6M | 4.28M | 3.75M |
| Days Inventory Outstanding | 65.37 | 65.64 | 34.89 | 21.88 | 27.4 | 133.79 |
| Other Current Assets | 549.9K | 905.21K | 426.27K | 439.67K | 3M | 793.19K |
| Total Non-Current Assets | 100.28K | 575.29K | 2.36M | 6.52M | 10.9M | 10.91M |
| Property, Plant & Equipment | 100.28K | 575.29K | 652.65K | 642.93K | 2.47M | 2.44M |
| Fixed Asset Turnover | 402.10x | 102.66x | 77.86x | 77.56x | 25.62x | 4.96x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 1.71M | 1.74M | 1.51M | 1.58M |
| Long-Term Investments | 0 | 0 | 0 | 4.14M | 6.89M | 6.89M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 25.96M▲ 0% | 32.85M▲ 26.5% | 29.6M▼ 9.9% | 31.95M▲ 7.9% | 45.49M▲ 42.4% | 43.99M▲ 0% |
| Asset Turnover | 1.55x | 1.80x | 1.72x | 1.56x | 1.39x | 0.27x |
| Asset Growth % | - | 26.52% | -9.88% | 7.95% | 42.38% | 0% |
| Total Current Liabilities | 10.84M | 16.91M | 11.72M | 12.76M | 21.72M | 17.13M |
| Accounts Payable | 2.54M | 3.17M | 2.49M | 1.32M | 4.31M | 3.1M |
| Days Payables Outstanding | 28.43 | 23.15 | 21.56 | 11.09 | 27.62 | 110.55 |
| Short-Term Debt | 529.88K | 2.11M | 2.62M | 2.36M | 4.13M | 4M |
| Deferred Revenue (Current) | 3.49M | 8.88M | 2.31M | 4.35M | 7.5M | 4.84M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 2.38x | 1.91x | 2.32x | 1.99x | 1.59x | 1.59x |
| Quick Ratio | 1.85x | 1.38x | 1.98x | 1.79x | 1.40x | 1.40x |
| Cash Conversion Cycle | 51.99 | 95.28 | 96 | 109.98 | 81.69 | 357.84 |
| Total Non-Current Liabilities | 0 | 244.37K | 844.99K | 427.42K | 1.3M | 1.63M |
| Long-Term Debt | 0 | 0 | 763.71K | 427.42K | 43.73K | 242.85K |
| Capital Lease Obligations | 0 | 244.37K | 81.28K | 0 | 1.25M | 1.39M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 10.84M | 17.15M | 12.57M | 13.19M | 23.02M | 18.76M |
| Total Debt | 543.49K | 2.51M | 3.63M | 2.88M | 5.82M | 6.01M |
| Net Debt | -1.1M | -942.16K | -2.02M | -2.29M | -3.53M | -3.74M |
| Debt / Equity | 0.04x | 0.16x | 0.21x | 0.15x | 0.26x | 0.26x |
| Debt / EBITDA | 0.17x | 0.75x | 1.16x | 1.80x | - | 17.65x |
| Net Debt / EBITDA | -0.35x | -0.28x | -0.64x | -1.43x | - | -10.98x |
| Interest Coverage | 158.42x | 60.11x | 29.85x | 7.29x | -9.47x | - |
| Total Equity | 15.12M▲ 0% | 15.69M▲ 3.8% | 17.03M▲ 8.6% | 18.76M▲ 10.2% | 22.48M▲ 19.8% | 25.23M▲ 0% |
| Equity Growth % | - | 3.8% | 8.56% | 10.16% | 19.79% | 0% |
| Book Value per Share | 10.91 | 11.33 | 12.30 | 13.55 | 17.77 | 19.95 |
| Total Shareholders' Equity | 14.44M | 14.6M | 15.29M | 16.42M | 19.88M | 22.78M |
| Common Stock | 50K | 2.5K | 2.5K | 2.5K | 2.7K | 2.7K |
| Retained Earnings | 11.09M | 12.7M | 13.8M | 14.28M | 11.41M | 14.21M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1.32M | -141.03K | -551.87K | 109.08K | 7.87K | -426.78K |
| Minority Interest | 677.3K | 1.09M | 1.75M | 2.34M | 2.59M | 2.45M |
PN Cash Flow Statement
Skycorp Solar Group Limited (PN) cash flow — operating, investing & free cash flow history
| Line item | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | 314.27K | 10.98M | 549.26K | 1.6M | 2.87M | 2.87M |
| Operating CF Margin % | 0.78% | 18.6% | 1.08% | 3.2% | 4.54% | - |
| Operating CF Growth % | - | 3395.32% | -95% | 190.77% | 79.89% | 0% |
| Net Income | 2.28M | 2.15M | 1.81M | 1.17M | -2.21M | -32.88K |
| Depreciation & Amortization | 64.8K | 166.08K | 420.17K | 475.89K | 772.09K | 203.99K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 618.27K | 117.41K | 115.63K | 307.5K | 694.5K | 1.68M |
| Working Capital Changes | -2.65M | 8.55M | -1.79M | -352.12K | 3.62M | -2.65M |
| Change in Receivables | 955.64K | -723.89K | -6.11M | -3.79M | -4.2M | 140.89K |
| Change in Inventory | 5.74M | -4.04M | 4.9M | 1.55M | -1.73M | -622.34K |
| Change in Payables | 5.29M | 951.39K | -622.71K | -1.24M | 5.24M | 0 |
| Cash from Investing | -115.54K | -168.06K | -2.27M | -4.43M | -4.8M | -1.56M |
| Capital Expenditures | -118.37K | -168.06K | -303.41K | -239.82K | -465.36K | -110.51K |
| CapEx % of Revenue | 0.29% | 0.28% | 0.6% | 0.48% | 0.73% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | 2.83K | 0 | -1.97M | -165.53K | -1.39M | -1.45M |
| Cash from Financing | 272.5K | -7.77M | 3.52M | 1.87M | 8.2M | 4.73M |
| Debt Issued (Net) | -151.48K | 917.43K | 1.17M | 324.61K | -722.02K | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 8M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 423.98K | -8.69M | 2.36M | 1.54M | 919.54K | 4.73M |
| Net Change in Cash | 535.65K▲ 0% | 2.65M▲ 394.5% | 1.63M▼ 38.3% | -763.49K▼ 146.7% | 6.31M▲ 926.1% | 0▲ 0% |
| Free Cash Flow | 195.9K▲ 0% | 10.82M▲ 5421.6% | -1.72M▼ 115.9% | 1.19M▲ 169.3% | 2.36M▲ 97.8% | -906.74K▲ 0% |
| FCF Margin % | 0.49% | 18.31% | -3.38% | 2.39% | 3.72% | - |
| FCF Growth % | - | 5421.58% | -115.9% | 169.31% | 97.83% | - |
| FCF per Share | 0.14 | 7.81 | -1.24 | 0.86 | 1.86 | 1.86 |
| FCF Conversion (FCF/Net Income) | 0.15x | 6.79x | 0.50x | 3.39x | -1.07x | 27.58x |
| Interest Paid | 18.14K | 54.55K | 88.73K | 202.69K | 124.42K | 56.98K |
| Taxes Paid | 68.24K | 212.17K | 43.46K | 32.2K | 3.24K | 0 |
PN Key Ratios
Skycorp Solar Group Limited (PN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | 10.5% | 6.72% | 2.63% | -13.07% | -0.13% |
| Return on Invested Capital (ROIC) | 16.69% | 13.7% | 5.34% | -10.79% | -10.79% |
| Gross Margin | 15.24% | 16.97% | 13.1% | 9.95% | 15.32% |
| Net Margin | 2.74% | 2.16% | 0.94% | -4.26% | -0.27% |
| Debt / Equity | 0.16x | 0.21x | 0.15x | 0.26x | 0.26x |
| Interest Coverage | 60.11x | 29.85x | 7.29x | -9.47x | - |
| FCF Conversion | 6.79x | 0.50x | 3.39x | -1.07x | 27.58x |
| Revenue Growth | 46.46% | -13.96% | -1.87% | 26.97% | - |
PN Frequently Asked Questions
Skycorp Solar Group Limited (PN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Skycorp Solar Group Limited (PN) reported $63.3M in revenue for fiscal year 2025. This represents a 57% increase from $40.3M in 2021.
Skycorp Solar Group Limited (PN) grew revenue by 27.0% over the past year. This is strong growth.
Skycorp Solar Group Limited (PN) reported a net loss of $2.7M for fiscal year 2025.
Dividend & Returns
Skycorp Solar Group Limited (PN) has a return on equity (ROE) of -13.1%. Negative ROE indicates the company is unprofitable.
Skycorp Solar Group Limited (PN) generated $2.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More PN
Skycorp Solar Group Limited (PN) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates