Nextpower (NXT) Construction in Progress (2022 - 2023)
Nextpower's (NXT) quarterly Construction in Progress came in at $1.1 million in Q1 2023, down 55.75% year-on-year from $2.5 million in Q1 2022, and down 55.75% quarter-over-quarter from $2.5 million in Q1 2022.
Nextpower (NXT) Construction in Progress (2022 - 2023) Analysis & Trends
Nextpower's Construction in Progress history runs 2 years deep, the most recent figure standing at $1.1 million for 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 declined to $1.1 million in Q1 2023 per NXT's latest filing, from $2.5 million in the prior quarter.
- Across five years, Construction in Progress topped out at $2.5 million in Q1 2022 and bottomed at $1.1 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | - |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | - |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | - |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | - |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.06 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.11 Mn |
| Mar 31, 2022 | 2.51 Mn |