PN Smart Energy (PN)

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Skycorp Solar Group Limited is a China-based provider of products and services used in the solar photovoltaic supply chain. The company’s core business is the manufacture and sale of solar cables and solar connectors, components that are essential for linking panels, inverters, combiner boxes, and other parts of a PV installation. These products support the safe transmission of electricity in solar power systems and position the company as a supplier to installers, system integrators, and other participants in the renewable energy market.

The company conducts its operations through subsidiaries and reports activity across two main areas. Its primary segment covers solar PV products and solar power system solutions, which account for the largest share of revenue. This business benefits from continued investment in solar generation capacity, particularly in China, where renewable power deployment has expanded rapidly as part of broader energy transition policies. Skycorp also serves customers elsewhere in Asia and in other international markets, although mainland China remains its most important revenue base.

In addition to its solar operations, Skycorp has developed a business involving high-performance computing products. Through relationships with integrated circuit chip manufacturers, it offers new and used GPU and HPC servers to customers that require computing capacity for demanding workloads. This diversifies the company beyond renewable energy hardware, though the solar PV product line remains its main commercial focus.

For investors, Skycorp represents a small industrial and technology supplier with exposure to two growth areas: solar infrastructure and advanced computing hardware. Its performance is linked to component demand, manufacturing execution, customer concentration, and competitive pricing conditions in China’s solar equipment market.

17.27 USD
−6.40 (-27.04%)

Last updated

Market Cap
$240,053,432
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Market Cap
$240,053,432
Enterprise Value
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Fundamentals Snapshot Price

Income Statement

Line Item 2025 Q4
Revenue 63.31M
Cost of revenue 57.01M
Gross profit 6.3M
Operating income -2.55M
EBITDA -2.17M
Net income -2.7M
Income taxes 36.09K
Interest expense -207.85K
Other operating expenses 0
Total operating expenses 8.85M
Basic EPS -2
Diluted EPS -2

Balance Sheet

Line Item 2025 Q4
Total assets 45.49M
Total liabilities 23.02M
Total equity 22.48M
Cash & equivalents 9.34M
Current assets 32.46M
Current liabilities 21.72M
Accounts payable 4.6M
Receivables 9.52M
Inventories 4.28M
Long-term debt 43.73K

Cash Flow

Line Item 2025 Q4
Operating cash flow 2.87M
Investing cash flow -4.8M
Financing cash flow 8.2M
Change in cash 6.31M
Net income -2.21M
Kind Filing Date Link
edgar index 6-K — PN Smart Energy Ltd View Filing
edgar index 6-K — PN Smart Energy Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index EFFECT — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index F-3 — Skycorp Solar Group Ltd View Filing
edgar index CORRESP — Skycorp Solar Group Ltd View Filing
edgar index UPLOAD — Skycorp Solar Group Ltd View Filing
edgar index DRS — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
edgar index 3 — Skycorp Solar Group Ltd View Filing
form 3 Form 3 — HUANG Weiqi View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 20-F — Skycorp Solar Group Ltd View Filing
edgar index NT 20-F — Skycorp Solar Group Ltd View Filing
edgar index S-8 — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index SCHEDULE 13G — Skycorp Solar Group Ltd View Filing
edgar index SCHEDULE 13G — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 6-K — Skycorp Solar Group Ltd View Filing
edgar index 424B4 — Skycorp Solar Group Ltd View Filing
edgar index 8-A12B — Skycorp Solar Group Ltd View Filing
edgar index CERT — Skycorp Solar Group Ltd View Filing
edgar index EFFECT — Skycorp Solar Group Ltd View Filing
edgar index CORRESP — Skycorp Solar Group Ltd View Filing
edgar index CORRESP — Skycorp Solar Group Ltd View Filing
edgar index F-1/A — Skycorp Solar Group Ltd View Filing
edgar index FWP — Skycorp Solar Group Ltd View Filing
edgar index F-1/A — Skycorp Solar Group Ltd View Filing
edgar index FWP — Skycorp Solar Group Ltd View Filing
edgar index F-1/A — Skycorp Solar Group Ltd View Filing
edgar index CORRESP — Skycorp Solar Group Ltd View Filing
edgar index UPLOAD — Skycorp Solar Group Ltd View Filing
edgar index F-1 — Skycorp Solar Group Ltd View Filing
edgar index CORRESP — Skycorp Solar Group Ltd View Filing
edgar index UPLOAD — Skycorp Solar Group Ltd View Filing
edgar index DRS/A — Skycorp Solar Group Ltd View Filing
edgar index DRSLTR — Skycorp Solar Group Ltd View Filing
edgar index UPLOAD — Skycorp Solar Group Ltd View Filing
edgar index DRS/A — Skycorp Solar Group Ltd View Filing
edgar index DRSLTR — Skycorp Solar Group Ltd View Filing
edgar index UPLOAD — Skycorp Solar Group Ltd View Filing
edgar index DRS — Skycorp Solar Group Ltd View Filing