Maxeon Solar Technologies Ltd
Maxeon Solar Technologies, Ltd., a marketers of solar power technology, designs, manufactures, markets, and sells solar panels for residential, commercial, and power plant customers. The company was incorporated in 2019 and is headquartered in Singapore. Maxeon Solar Technologies, Ltd. operates as a subsidiary of TCL Zhonghuan Renewable Energy Technology Co.,Ltd.
Maxeon Solar Technologies Ltd (MAXN) - Net Assets
Latest net assets as of June 2025: $-321.65 Million USD
Based on the latest financial reports, Maxeon Solar Technologies Ltd (MAXN) has net assets worth $-321.65 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($186.31 Million) and total liabilities ($507.96 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-321.65 Million |
| % of Total Assets | -172.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | -165.64% |
| 10-Year Change | N/A |
| Growth Volatility | 2338.39 |
Maxeon Solar Technologies Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Maxeon Solar Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Maxeon Solar Technologies Ltd (2018–2024)
The table below shows the annual net assets of Maxeon Solar Technologies Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-288.37 Million | -6312.09% |
| 2023-12-31 | $4.64 Million | -90.34% |
| 2022-12-31 | $48.07 Million | -86.45% |
| 2021-12-31 | $354.88 Million | -19.22% |
| 2020-12-31 | $439.29 Million | +19.53% |
| 2019-12-31 | $367.52 Million | -15.58% |
| 2018-12-31 | $435.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maxeon Solar Technologies Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 141039200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-20.49 Million | % |
| Other Components | $1.14 Billion | % |
| Total Equity | $-293.84 Million | 100.00% |
Maxeon Solar Technologies Ltd Competitors by Market Cap
The table below lists competitors of Maxeon Solar Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
4C Group AB
ST:4C
|
$16.40 Million |
|
Star Media Group Bhd
KLSE:6084
|
$16.40 Million |
|
Aptamer Sciences Inc
KQ:291650
|
$16.41 Million |
|
Concord Medical Services Holdings
NYSE:CCM
|
$16.41 Million |
|
Superdong Fast Ferry Kien Giang JSC
VN:SKG
|
$16.40 Million |
|
TaiwanJ Pharmaceuticals Co., Ltd.
TWO:6549
|
$16.39 Million |
|
The Caldwell Partners International Inc
OTCQX:CWLPF
|
$16.39 Million |
|
Sievi Capital Plc
F:WE3
|
$16.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maxeon Solar Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,109,000 to -293,842,000, a change of -292,733,000.
- Net loss of 614,300,000 reduced equity.
- New share issuances of 96,446,000 increased equity.
- Other comprehensive income decreased equity by 4,114,000.
- Other factors increased equity by 229,235,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-614.30 Million | -209.06% |
| Share Issuances | $96.45 Million | +32.82% |
| Other Comprehensive Income | $-4.11 Million | -1.4% |
| Other Changes | $229.24 Million | +78.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Maxeon Solar Technologies Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $14.64 | $2.41 | x |
| 2019-12-31 | $12.21 | $2.41 | x |
| 2020-12-31 | $17.66 | $2.41 | x |
| 2021-12-31 | $9.33 | $2.41 | x |
| 2022-12-31 | $1.04 | $2.41 | x |
| 2023-12-31 | $-0.02 | $2.41 | x |
| 2024-12-31 | $-35.29 | $2.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maxeon Solar Technologies Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -120.68%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-132.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -139.06% | -66.18% | 0.94x | 2.24x | $-647.23 Million |
| 2019 | -49.39% | -14.93% | 1.21x | 2.73x | $-215.12 Million |
| 2020 | -32.97% | -16.88% | 0.86x | 2.27x | $-185.90 Million |
| 2021 | -72.83% | -32.49% | 0.74x | 3.02x | $-289.47 Million |
| 2022 | -630.17% | -25.23% | 0.84x | 29.70x | $-271.67 Million |
| 2023 | 0.00% | -24.56% | 1.12x | 0.00x | $-275.72 Million |
| 2024 | 0.00% | -120.68% | 1.35x | 0.00x | $-584.92 Million |
Industry Comparison
This section compares Maxeon Solar Technologies Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maxeon Solar Technologies Ltd (MAXN) | $-321.65 Million | -139.06% | N/A | $16.40 Million |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |