601012:SSELONGi Green Energy Technology Co., Ltd. Class A Analysis

LONGi Green Energy trades at CNY 12.64, just above its 20‑day SMA of 12.26 but still below the 50‑day (13.11) and 200‑day (17.18) averages, indicating a short‑term bounce within a longer‑term downtrend. The stock sits near the identified support at 11.41 and faces resistance around 13.54, while the RSI of 51 shows no clear overbought/oversold pressure. Technical momentum is mixed: the MACD histogram is positive and the signal line is bullish, yet the overall trend is labeled bearish and 30‑day volatility is high at 37%.
Fundamentally, the company reports a 18% revenue decline, negative gross (‑1.1%) and operating margins (‑12.5%), and a trailing EPS of –0.91, but it holds a strong net cash position of roughly CNY 15.6 billion after accounting for debt. The forward PE of 27.9 is below the industry average of 32.9, and the DCF‑derived fair value of 8.5 suggests the market may be pricing in a premium, though the lack of dividend and negative profitability raise concerns.