Skycorp Solar Group Limited(PN)Earnings, Financials & Key Ratios
PN•NASDAQ
Price updated Jun 19, 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%
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 0.2x book value
- ✓Efficient asset utilization: 1.4x turnover
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Weak momentum: RS Rating 11 (bottom 11%)
- ✗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.
Get notified when PN posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
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 | 1.1B | 16.27 | -10.50 | -6.65% | -1.87% | -2.39% | 1.80 | |
 JKS | 254.26M | 19.42 | -0.40 | -30.94% | -3.36% | -7.71% | 1.93 | |
 DQ | 959.51M | 14.18 | -5.56 | -35.34% | -32.94% | -3.19% | ||
 SOL | 99.56M | 1.94 | -8.08 | -12.85% | -7.48% | -1.65% | 0.19 | |
 FSLR | 27.69B | 257.70 | 18.14 | 24.09% | 30.73% | 18.01% | 0.05 | |
 SPWR | 127.72M | 0.78 | -11.66 | 2.92% | -8.66% | |||
 ARRY | 1.23B | 8.00 | -10.96 | 40.22% | -5.56% | -20.64% | 2.94 | |
 MAXN | 5.93M | 0.35 | -0.00 | -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
| Metric | 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% | 15.32% |
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% | 2.09% |
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% | 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 | 286.98K |
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% | -0.27% |
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
| Metric | 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 | 1.93x |
Quick Ratio | 1.85x | 1.38x | 1.98x | 1.79x | 1.40x | 1.71x |
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 | 0.24x |
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
| Metric | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|
Cash from Operations | 314.27K | 10.98M | 549.26K | 1.6M | 2.87M | -796.23K |
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% | 0.91% |
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% | -7.5% |
FCF Growth % | - | 5421.58% | -115.9% | 169.31% | 97.83% | - |
FCF per Share | 0.14 | 7.81 | -1.24 | 0.86 | 1.86 | -0.72 |
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% | 0.88% |
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 | 0.24x |
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% | - |
Related:PN Dividend History·PN Revenue History·PN Price History·PN P/E History·PN Financial Ratios·PN Institutional Holders
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.