Shoals Technologies (SHLS) Income from Non-Controlling Interests (2021 - 2023)
Shoals Technologies (SHLS) posted Income from Non-Controlling Interests of $2.7 million for Q1 2023, down 52.79% on a QoQ basis from $5.7 million in Q4 2022, and up 33.75% year-over-year from $2.0 million in Q1 2022.
Shoals Technologies (SHLS) Income from Non-Controlling Interests (2021 - 2023) Analysis & Trends
Shoals Technologies' Income from Non-Controlling Interests history runs 3 years deep, the most recent figure standing at $2.7 million for Q1 2023.
- Quarterly Income from Non-Controlling Interests rose 33.75% year-over-year to $2.7 million in Q1 2023, while the trailing twelve-month figure through Dec 2023 was $2.7 million (down 82.55% YoY) and the FY2023 annual result came in at $2.7 million, down 82.55% from the prior year.
- Income from Non-Controlling Interests was $2.7 million for Q1 2023 at Shoals Technologies, down from $5.7 million in the prior quarter.
- Across five years, Income from Non-Controlling Interests topped out at $5.7 million in Q4 2022 and bottomed at -$5.5 million in Q1 2021.
- A 3-year average of $2.2 million and a median of $2.8 million in 2021 frame the typical range for Income from Non-Controlling Interests.
- Peak annual rise in Income from Non-Controlling Interests reached 1906.67% in 2022, while the deepest fall reached 36.88% in 2022.
- Shoals Technologies' Income from Non-Controlling Interests stood at -$315000.0 in 2021, then soared by 1906.67% to $5.7 million in 2022, then tumbled by 52.79% to $2.7 million in 2023.
- Business Quant data shows SHLS's Income from Non-Controlling Interests at $2.7 million in Q1 2023, $5.7 million in Q4 2022, and $4.8 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (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 | 65.15 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -464.98 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 | -44.46 Mn |
| 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 | 2.69 Mn |
| Dec 31, 2022 | 5.69 Mn |
| Sep 30, 2022 | 4.80 Mn |
| Jun 30, 2022 | 2.90 Mn |
| Mar 31, 2022 | 2.01 Mn |
| Dec 31, 2021 | -315,000.00 |
| Sep 30, 2021 | 2.79 Mn |
| Jun 30, 2021 | 4.60 Mn |
| Mar 31, 2021 | -5.48 Mn |