Company Information

  

Address: 888 LINYANG ROAD  
City: QIDONG, JIANGSU PROVINCE 
State:  
Zip Code: 226200 
Telephone: 8621-3852-1500 

Description of Business

Primary SIC Code: 3674
(As filed with the SEC)  

Hanwha SolarOne commenced operations through Hanwha Q CELLS Qidong, formerly known as Hanwha SolarOne (Qidong) Co., Ltd., in August 2004. In anticipation of its initial public offering, Hanwha SolarOne, formerly known as Solarfun Power Holdings Co., Ltd. until December 20, 2010, was incorporated in the Cayman Islands on May 12, 2006 as the listing vehicle. In December 2006, Hanwha SolarOne conducted its initial public offering and the ADSs were listed on the Nasdaq Global Market under the symbol "SOLF." In September 2010, through a series of transactions with Hanwha SolarOne and its former shareholders, Hanwha Solar became Hanwha SolarOne's largest shareholder. Hanwha SolarOne changed its name from "Solarfun Power Holdings Co., Ltd." to "Hanwha SolarOne Co., Ltd." on December 20, 2010 and its ticker from "SOLF" to "HSOL" on February 15, 2011.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2017-0.09NAN/E
12/20160.03NA272.00
03/20161.11NA13.91
12/20150.01NA2194.00
12/2013-170.00NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.30Total Liab/Total Assets0.82
Net Inc/Total Assets0.06Total Liab/Inv Cap4.07
Net Inc/Inv Cap0.29Total Liab/Comm Equity4.17
Pretax Inc/Net Sales0.05Interest Coverage Ratio3.26
Net Inc/Net Sales0.05Curr Debt/Equity1.56
Cash Flow/Net Sales0.06LTD/Equity1.58
SG&A/NetSales0.08Total Debt/Equity3.14
Asset Utilization   Liquidity  
Net Receivables Turnover4.15Quick Ratio0.90
Inventory Turnover5.33Current Ratio1.20
Inventory Day Sales0.02Net Rec/Curr Assets0.33
Net Sales/Work Cap10.97Inv/Curr Assets0.25
Net Sales/PP&E3.21  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 2,425.90 1,800.80 773.10 530.10
Cost of Goods Sold 1,985.60 1,466.80 653.20 451.70
Selling & Admin Exps 198.30 185.80 79.60 81.10
Operating Income 192.10 77.90 12.90 -33.50
Interest Exp 54.50 66.90 18.10 16.60
Pretax Income 123.20 53.90 4.40 -47.60
Other Income -13.50 43.50 9.60 2.50
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 127.50 43.80 3.00 -48.00

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 507.60 372.20 160.70 242.27
Receivables - Total 450.20 718.10 206.20 242.55
Inventories - Total 338.50 406.10 204.40 124.27
Total Current Assets 1,351.50 1,570.70 584.70 654.50
Net Property, Plant & Equipment 755.50 877.30 147.80 740.46
Total Assets 2,209.10 2,547.50 766.20 1,463.84
Liabilities        
Accounts Payable 458.00 557.00 214.90 221.23
Debt in Current Liabilities 636.10 546.50 8.00 304.05
Total Current Liabilities 1,130.30 1,530.50 234.80 556.87
Long-Term Debt 643.70 653.50 284.70 590.71
Total Liabilities 1,800.90 2,207.30 536.50 1,151.58
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.40 0.40 0.40 0.05
Retained Earnings 107.30 -20.20 -64.00 -380.67
Treasury Stock NA NA NA NA
Total Stockholders' Equity 408.20 340.20 229.70 312.26
Total Liabilities and Stockholders' Equity 2,209.10 2,547.50 766.20 1,463.84

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 137.40 250.60 -81.60 -37.70
Net Cash Provided by Investing Activities -21.00 -171.80 -65.10 -6.70
Net Cash Provided by Financing Activities 117.20 -16.50 56.40 238.20

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012590.40-250.85--
12/2013530.10-48.00-170.00
12/2014773.103.00--
12/20151,800.8043.800.01
12/20162,425.90127.500.03
Growth Rates42.37----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17175930.01




Report Date : 10/23/2017

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