Nextpower (NXT) Construction in Progress (2022 - 2023)
Nextpower (NXT) posted quarterly Construction in Progress of $1.1 million for Q1 2023, down 55.75% year-over-year from $2.5 million in Q1 2022, and down 55.75% on a QoQ basis from $2.5 million in Q1 2022.
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.
- Construction in Progress for Q1 2023 came in at $1.1 million, down 55.75% year-over-year; the trailing twelve-month figure through Mar 2023 was $1.1 million (down 55.75% YoY), and the FY2023 annual result was $1.1 million, down 55.75% from the prior year.
- Construction in Progress declined to $1.1 million in Q1 2023, from $2.5 million in the prior quarter.
- Over five years, Construction in Progress peaked at $2.5 million in Q1 2022 and troughed at $1.1 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.69 Bn | 21.96 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.33 Bn | 12.11 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.23 Bn | 4.29 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.94 Bn | 1.36 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.23 Bn | 1.22 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 1.02 Bn | -572.37 Mn | 124.40 Mn | 1.06 Bn |
| 8 | JinkoSolar Holding | 857.30 Mn | -2.45 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 734.71 Mn | 427.41 Mn | 99.60 Mn | - |
| 10 | Toyo | 180.11 Mn | 103.46 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.11 Mn |
| Mar 31, 2022 | 2.51 Mn |