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
03/20180.16NA47.38
12/20170.00NAN/E
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 2017 Leverage 2017
Net Inc/Comm Equity-0.03Total Liab/Total Assets0.80
Net Inc/Total Assets-0.01Total Liab/Inv Cap6.89
Net Inc/Inv Cap-0.05Total Liab/Comm Equity4.18
Pretax Inc/Net Sales0.00Interest Coverage Ratio0.99
Net Inc/Net Sales-0.01Curr Debt/Equity1.66
Cash Flow/Net Sales-0.02LTD/Equity1.18
SG&A/NetSales0.09Total Debt/Equity2.83
Asset Utilization   Liquidity  
Net Receivables Turnover4.31Quick Ratio0.77
Inventory Turnover6.36Current Ratio1.01
Inventory Day Sales0.02Net Rec/Curr Assets0.45
Net Sales/Work Cap277.08Inv/Curr Assets0.23
Net Sales/PP&E2.61  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 2,188.90 2,425.90 1,800.80 773.10
Cost of Goods Sold 1,944.10 1,985.60 1,466.80 653.20
Selling & Admin Exps 195.20 198.30 185.80 79.60
Operating Income 25.60 192.10 77.90 12.90
Interest Exp 44.90 54.50 66.90 18.10
Pretax Income -0.40 123.20 53.90 4.40
Other Income 19.40 -13.50 43.50 9.60
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -12.40 127.50 43.80 3.00

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 324.10 507.60 372.20 160.70
Receivables - Total 566.60 450.20 718.10 206.20
Inventories - Total 293.60 317.60 406.10 204.40
Total Current Assets 1,252.10 1,330.60 1,570.70 584.70
Net Property, Plant & Equipment 837.60 755.50 877.30 147.80
Total Assets 2,262.60 2,209.10 2,547.50 766.20
Liabilities        
Accounts Payable 444.60 413.40 557.00 214.90
Debt in Current Liabilities 756.20 636.10 546.50 8.00
Total Current Liabilities 1,244.20 1,127.90 1,530.50 234.80
Long-Term Debt 536.20 643.70 653.50 284.70
Total Liabilities 1,806.60 1,800.90 2,207.30 536.50
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.40 0.40 0.40 0.40
Retained Earnings 94.90 107.30 -20.20 -64.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 456.00 408.20 340.20 229.70
Total Liabilities and Stockholders' Equity 2,262.60 2,209.10 2,547.50 766.20

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities -48.80 145.20 261.10 -81.60
Net Cash Provided by Investing Activities -199.50 -28.80 -182.30 -65.10
Net Cash Provided by Financing Activities 17.40 117.20 -16.50 56.40

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013530.10-48.00-170.00
12/2014773.103.00--
12/20151,800.8043.800.01
12/20162,425.90127.500.03
12/20172,188.90-12.400.00
Growth Rates42.55----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18164710.01




Report Date : 7/16/2018

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