Reviewing Xinyi Solar (OTCMKTS:XNYIF) and Nextracker (NASDAQ:NXT)

Nextracker (NASDAQ:NXT) and Xinyi Solar (OTCMKTS:XNYIF) are both oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, earnings, risk and dividends.

Institutional and Insider Ownership

67.4% of Nextracker shares are owned by institutional investors. 0.3% of Nextracker shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Nextracker and Xinyi Solar’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nextracker	14.87%	-36.33%	14.22%
Xinyi Solar	N/A	N/A	N/A

Analyst Recommendations

This is a summary of current ratings and target prices for Nextracker and Xinyi Solar, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nextracker	0	4	18	0	2.82
Xinyi Solar	0	0	0	0	N/A

Nextracker presently has a consensus target price of $58.45, suggesting a potential upside of 43.73%. Given Nextracker’s higher probable upside, equities analysts clearly believe Nextracker is more favorable than Xinyi Solar.

Earnings & Valuation

This table compares Nextracker and Xinyi Solar’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nextracker	$2.74 billion	2.15	$306.24 million	$3.36	12.10
Xinyi Solar	N/A	N/A	N/A	N/A	N/A

Nextracker has higher revenue and earnings than Xinyi Solar.

Summary

Nextracker beats Xinyi Solar on 7 of the 8 factors compared between the two stocks.

About Nextracker

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. was formerly a subsidiary of Flex Ltd.

About Xinyi Solar

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses to photovoltaic module manufacturers. It also develops, operates, and manages solar farms; and provides engineering, procurement, and construction services. In addition, the company engages in the provision of solar power systems; and trading of solar glass products. Xinyi Solar Holdings Limited was founded in 2006 and is headquartered in Wuhu, the People's Republic of China.