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Skycorp Solar Group Limited

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Skycorp Solar Group Limited • NASDAQ
$0.79 ▼ -1.25% (-0.01)
Market Cap $21.33 M
52w High $4.45
52w Low $0.61
Dividend Yield 0%
P/E 39.5
Volume 6.82K
Outstanding Shares 27.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $9.742M ▲ $43.991M ▲ $18.762M ▲ $22.783M ▲
Q4-2024 $5.167M ▲ $31.952M ▲ $13.188M ▲ $16.42M ▲
Q2-2024 $3.54M ▼ $29.948M ▲ $12.37M ▼ $15.734M ▲
Q4-2023 $5.643M $29.6M $12.565M $15.288M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow

Five-Year Company Overview

Income Statement

Income Statement Skycorp’s income statement shows a very small business that has not yet turned its technology into meaningful profits. Revenue has been low and fairly flat over the past few years, and gross profit is also modest. Operating and net income are essentially at break-even, which means the company is still in a build-out and investment phase rather than a mature, profit-generating stage. Earnings per share have been drifting down, which hints at either rising costs, a growing share count, or both. Overall, the story here is early-stage scale and monetization, not yet profitability.

Balance Sheet

Balance Sheet The balance sheet is simple and conservative. The asset base is small and steady, with a modest amount of cash and no financial debt, which reduces financial risk but also signals limited firepower for very large projects. Equity has been nudging upward, suggesting gradual capital support rather than strong profit accumulation. This clean but small balance sheet fits a company that is still relatively early in its growth journey and may need external funding to fully execute its expansion and power-plant ownership plans.

Cash Flow

Cash Flow Cash flows are close to break-even, with only brief periods of clearly positive operating and free cash flow. Investment spending on physical assets has been light so far, implying an asset-light model up to now or simply that major expansion is still ahead. This means the current cash flow profile is fragile and does not yet show a self-funding business. If Skycorp accelerates solar plant acquisitions and new product rollouts, cash needs could rise, making careful funding and working-capital management very important.

Competitive Edge

Competitive Edge Competitively, Skycorp is trying to move from being just a solar cable and connector supplier to a broader solutions provider. Its strengths include specialized materials, fire- and UV-resistant designs, and a sizable patent portfolio that helps differentiate its products from generic offerings. The smart factory, global certifications, and high customer retention suggest a solid operational base and customer trust. At the same time, it still operates in a crowded, price-sensitive solar components space, and its push into owning solar assets and digital assets adds new competitors and complexities beyond traditional manufacturing.

Innovation and R&D

Innovation and R&D Innovation is the core of Skycorp’s story. The company has built up dozens of patents around advanced cable materials, safety, and high-performance connectors, and it plans to keep investing a meaningful slice of revenue into R&D. The pipeline includes smart junction boxes, intelligent EV solar charging stations, and more integrated building solar systems, all of which could move it up the value chain. There is also experimentation in high-performance computing hardware and digital asset strategies. The upside is a differentiated, technology-driven product set; the risk is spreading R&D and management focus across too many fronts at once.

Summary

Overall, Skycorp Solar Group looks like a technically strong but still small and early-stage player. Financially, it is near break-even with limited scale and a very clean, low-debt balance sheet. Strategically, it is ambitious: it wants to evolve from a niche component manufacturer into an integrated green energy and digital-asset platform, supported by patents, a smart factory, and global reach. The key uncertainties lie in execution—growing revenue from its innovations, integrating solar-plant ownership, and managing exposure to volatile digital assets—while maintaining financial discipline. The company’s long-term potential depends on turning its technological edge and “Pegasus Strategy” into durable, profitable growth without overextending its resources.

NEWS

November 3, 2025 · 4:15 PM UTC

Skycorp Solar Group Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

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October 14, 2025 · 4:30 PM UTC

Skycorp Solar Group to Acquire Equity Interest in Nanjing Cesun Power Co., Ltd.

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October 14, 2025 · 7:36 AM UTC

Skycorp Solar Group Announces Results of Extraordinary General Meeting

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September 8, 2025 · 4:30 PM UTC

Skycorp Solar Group Limited Reports First Half 2025 Financial Results

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