TOYO
TOYO Co., Ltd Ordinary SharesTOYO
TOYO
About: Toyo Co Ltd along with its subsidiaries is engaged in research and development, production, and sales of solar cells.
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
17% more funds holding
Funds holding: 6 [Q3] → 7 (+1) [Q4]
0.38% less ownership
Funds ownership: 1.05% [Q3] → 0.67% (-0.38%) [Q4]
19% less capital invested
Capital invested by funds: $1.31M [Q3] → $1.06M (-$250K) [Q4]
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Research analyst outlook
We haven’t received any recent analyst ratings for TOYO.
Financial journalist opinion
Based on 5 articles about TOYO published over the past 30 days
Neutral
PRNewsWire
2 weeks ago
TOYO Co., Ltd Announces Second Half and Full Year 2024 Financial Results
TOKYO , April 28, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced its financial results for the second half and fiscal year ended December 2024. FY 2024 Highlights 1.743 GW shipped Revenues increased 184% to $177.0 million compared to $62.4 million in 2023 Gross profit margin of 12.4% compared to 26.7% in 2023 Net income of $40.9 million in 2024 compared to $9.9 million in 2023 2H2024 Highlights 758 MW shipped Revenues were $38.9 million compared to $62.4 million for the same period in the prior year Gross profit margin of -12.2% compared to 26.7% for the same period in the prior year Net income of $21.3 million compared to net income of $11.8 million for the same period in the prior year Outlook for 2025 Solar cell shipments are expected to reach 3.5 GW, fuelled by robust demand and new capacity from the Company's manufacturing facility in Ethiopia.
Neutral
Business Wire
2 weeks ago
Nihon Global Growth Partners Nominates Two Candidates for Toyo Suisan Board
NEW YORK & TOKYO--(BUSINESS WIRE)--Today, Nihon Global Growth Partners Management Inc. (“NHGGP”) announced that it has nominated, via an affiliated fund, two qualified outside directors for election to the Board of Toyo Suisan Kaisha Ltd. (2875.T) (“Toyo Suisan” or the “Company”) at the upcoming Annual General Meeting. The investor group led by NHGGP collectively owns approximately 4% of Toyo Suisan's common shares. NHGGP also issued a presentation detailing the case for change at the Board lev.
Neutral
PRNewsWire
3 weeks ago
TOYO Commences Production in its 2GW Solar Cell Facility in Ethiopia
TOKYO , April 22, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF) ("TOYO" or the "Company"), a solar solution company, has officially started production at its new facility in Ethiopia in early April 2025. The company is scheduled to deliver more than 80 MW of solar cells to customers by the end of April.
Neutral
PRNewsWire
3 weeks ago
TOYO Co., Ltd to Announce Second Half and Fiscal Year 2024 Financial Results on April 28, 2025
TOKYO , April 21, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), a solar solution company, today announced it will host a conference call to discuss second half and fiscal year 2024 results on Monday, April 28, 2025. Conference Call Details are as follow: Date: Monday, April 28, 2025 Time: 8:30 AM ET Live Webcast: https://events.q4inc.com/attendee/370740443 The second half and fiscal year 2024 earnings release and related investor deck will be available on the investor relations website at investors.toyo-solar.com prior to the event.
Neutral
PRNewsWire
4 weeks ago
Ethiopian Prime Minister Visits TOYO Facility in Vietnam, Strengthening Strategic Collaboration in Renewable Energy
TOKYO , April 16, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF) ("TOYO" or the "Company"), a solar solution company, was honoured to host His Excellency Abiy Ahmed Ali, Prime Minister of Ethiopia, at its state-of-the-art solar cell production facility in Phu Tho Province on the morning of April 15, 2025. The Prime Minister was accompanied by a high-ranking ministerial delegation and Mr.
Neutral
PRNewsWire
1 month ago
TOYO Co., Ltd Announces Plans for Additional 2GW Solar Cell Capacity Expansion in Ethiopia
TOKYO , March 26, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF) ("TOYO" or the "Company"), a solar solution company, is excited to announce it will begin building an additional 2 gigawatts (GW) expansion of its solar cell capacity at its new Ethiopia facility. This expands upon the successful completion of Phase 1 of the facility and is a direct response to the global demand for its solar cell products.
Neutral
PRNewsWire
2 months ago
TOYO Hosts Ethiopian Delegation, Exploring Opportunities for Enhanced Cooperation
TOKYO , March 11, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC:TOYWF) ("TOYO" or the "Company"), a solar solution company, is pleased to announce that it recently welcomed a delegation from Ethiopia's Industrial Park Development Corporation (IPDC) and Ethiopia's Ambassador to Japan and its facilities in Vietnam. The visit followed the delegation's participation in the Japan-India- Africa Business Forum held in Japan on February 26, 2025.
Neutral
PRNewsWire
2 months ago
TOYO Co., Ltd Warrants to Commence Trading on OTC Markets
TOKYO , Feb. 24, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, is pleased to announce that its warrants are now available for trading on the OTCQB under the ticker symbol TOYWF commencing on February 24, 2025. "We are excited to see TOYO's warrants begin trading on the OTCQB," said Mr.
Neutral
Business Wire
2 months ago
Nihon Global Growth Partners Issues Presentation Highlighting the Significant Value Creation Opportunity at Toyo Suisan
NEW YORK & TOKYO--(BUSINESS WIRE)--Today, an investor group (“the Investor Group,” the “Group” or “we”) led by Nihon Global Growth Partners Management Inc. (“NHGGP”) issued an investor presentation on Toyo Suisan Kaisha Ltd. (2875.T) (“Toyo Suisan” or the “Company”). NHGGP and the Investor Group collectively own approximately 4% of Toyo Suisan's common shares. The presentation can be viewed here. In the presentation, NHGGP expresses its belief that the Company is at a critical inflection point,.
Neutral
PRNewsWire
2 months ago
TOYO Co., Ltd to Participate in Upcoming Renewable Energy and Investment Conferences
TOKYO , Feb. 13, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced its participation in upcoming industry and investment conferences in February and March 2025. CG Sustainability Virtual Summit Fireside Chat with Simon Shi When: Wednesday, February 26th at 11:05 a.m.
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