Nextpower (NXT) Construction in Progress (2022 - 2023)
Nextpower (NXT) posted Construction in Progress of $1.1 million for Q1 2023, down 55.75% on a QoQ basis from $2.5 million in Q1 2022, and down 55.75% year-over-year from $2.5 million in Q1 2022.
Analysis
Nextpower (NXT) Construction in Progress (2022 - 2023) Analysis & Trends
Nextpower has reported Construction in Progress for 2 years, with the latest figure at $1.1 million in Q1 2023.
- On a quarterly basis, Construction in Progress fell 55.75% year-over-year to $1.1 million in Q1 2023; TTM through Mar 2023 was $1.1 million, a 55.75% decrease from a year earlier, with the FY2023 full-year figure at $1.1 million, down 55.75% from the prior year.
- Construction in Progress was $1.1 million for Q1 2023 at Nextpower, down from $2.5 million in the prior quarter.
- The five-year high for Construction in Progress was $2.5 million in Q1 2022, with the low at $1.1 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | - |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | - |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 180.62 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | - |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | - |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | - |