LONGi Green Energy Technology vs Canadian Solar Which Is Stronger?

LONGi Green Energy Technology and Canadian Solar are two prominent players in the renewable energy sector, especially in the solar industry. Both companies have experienced significant growth in their stocks in recent years, driven by the increasing demand for clean energy solutions and government incentives for renewable energy projects. While LONGi Green Energy Technology is known for its high-quality solar products and strong technological innovation, Canadian Solar has a global presence with a diverse portfolio of solar projects. Investors looking to capitalize on the growing solar market may find opportunities in both of these companies.

LONGi Green Energy Technology or Canadian Solar?

When comparing LONGi Green Energy Technology and Canadian Solar, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between LONGi Green Energy Technology and Canadian Solar.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. LONGi Green Energy Technology has a dividend yield of 1.0%, while Canadian Solar has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. LONGi Green Energy Technology reports a 5-year dividend growth of 22.40% year and a payout ratio of -20.72%. On the other hand, Canadian Solar reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with LONGi Green Energy Technology P/E ratio at -17.27 and Canadian Solar's P/E ratio at 1114.67. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. LONGi Green Energy Technology P/B ratio is 2.05 while Canadian Solar's P/B ratio is 0.30.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, LONGi Green Energy Technology has seen a 5-year revenue growth of 4.20%, while Canadian Solar's is 0.90%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with LONGi Green Energy Technology's ROE at -11.23% and Canadian Solar's ROE at 0.03%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are ¥17.01 for LONGi Green Energy Technology and $12.49 for Canadian Solar. Over the past year, LONGi Green Energy Technology's prices ranged from ¥12.70 to ¥23.20, with a yearly change of 82.68%. Canadian Solar's prices fluctuated between $10.91 and $26.85, with a yearly change of 146.10%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.