SunHydrogen (HYSR Stock): A Game-Changer in the Renewable Energy Market

SunHydrogen, Inc. (OTC: HYSR) is making waves in the renewable energy market with its innovative technology for producing green hydrogen. Currently trading at 0.03 per share, the company’s stock has seen a 1.59% increase, giving it a market capitalization of 112.04 million. With a volume of 7.09 million and an average volume of 12.94 million, HYSR Stock is attracting attention from investors and traders alike. The company’s earnings per share (EPS) is reported at 0.01, and its price to earnings (P/E) ratio stands at 2.55. SunHydrogen’s cutting-edge technology has the potential to revolutionize the energy industry and make a significant impact on the environment.

Unveiling the Latest Green Hydrogen Generator

Green Hydrogen Generator by HYSR Stock

SunHydrogen, Inc. (HYSR), the creator of a technology that generates renewable hydrogen from sunlight and water, has unveiled a bigger version of its green hydrogen generator. This updated design features 16 times more hydrogen generator space compared to the previous model and is the only device of its kind that can convert water into high-quality hydrogen and oxygen using only the sun’s energy. Even when the sun is not shining, the generator can still operate 24 hours a day by using renewable electricity from sources such as wind or hydropower. The technology harnesses the electrical energy produced by sunlight, making it a unique and sustainable solution.

SunHydrogen had previously unveiled a small-scale model in December 2022, which was meant for testing a single hydrogen generator in a controlled environment. The latest version, however, is a larger-scale panel that moves the company closer to commercial-scale production. According to the company’s Chief Scientific Officer, Dr. Syed Mubeen, the hydrogen panel consists of multiple generators and is cost-effective because it uses low-cost materials instead of expensive solar cells. The team in Iowa is currently working to improve the hydrogen production rate per panel and increase solar-to-hydrogen efficiency through a partnership with the National Renewable Energy Laboratory, InRedox, and the Singh Lab at the University of Michigan. Additionally, they aim to improve the stability of the hydrogen generators. The CEO, Tim Young, expressed his pride in the team’s achievement and gratitude towards shareholders for their patience and support.

Financial Results and Key Metrics

SunHydrogen, Inc. (OTC: HYSR) recently reported its financial results for the fiscal year ending 2022-06-30. Here is a summary of the key financial figures that may be of interest to retail investors.

HYSR Stock spent $4.48 million in total operating expenses, with the largest component being research and development expenses at $1.79 million, followed by selling, general, and administrative expenses at $2.64 million. SunHydrogen had a pre-tax income of $90.03 million and a net income of $90.03 million, resulting in a earnings per share (EPS) of 0.02. This means that for every share of stock, the company made a profit of $0.02.

HYSR Stock had an average of 4.10 billion weighted average shares outstanding and 5.22 billion weighted average diluted shares outstanding. When compared to the company’s earnings, the price-to-earnings (P/E) ratio is 2.55, which is a common measure used by investors to evaluate a company’s profitability.

HYSR Stock Price-Earnings Analysis and Ratios

SunHydrogen, Inc. (OTC: HYSR) has a Price-Earnings Ratio (TTM) of 2.55, which means that for every $1 earned, the stock is trading at $2.55. The Price-Earnings-to-Growth Ratio (TTM) of 0.01 indicates that the company’s earnings growth is not keeping pace with its stock price.

The company has a healthy Current Ratio (TTM) of 1.86, which indicates that it has enough assets to cover its short-term liabilities. The Quick Ratio (TTM) and Cash Ratio (TTM) are also at 1.86 and 0.92, respectively, providing similar conclusions.

HYSR Stock Asset Utilization and Earnings Efficiency

SunHydrogen’s Return on Assets (TTM) of 0.78 and Return on Equity (TTM) of 2.4 show that the company is efficiently utilizing its assets and shareholder equity to generate profits. However, the Return on Capital Employed (TTM) of -0.15 suggests that the company is not generating enough returns on its invested capital.

The company has a Net Income Per EBT (TTM) of 1 and an EBT per EBIT (TTM) of -11.55, which suggests that the company is not effectively using its earnings to cover its expenses.

The Debt Ratio (TTM) of 0.54 and Debt Equity Ratio (TTM) of 1.19 show that the company has a moderate level of debt relative to its equity, but the Long-Term Debt to Capitalization (TTM) of 0.0 and Total Debt to Capitalization (TTM) of 0.03 indicate that the company does not have a significant amount of long-term debt. The Interest Coverage (TTM) of -4.96 is a cause for concern as it suggests that the company is not generating enough earnings to cover its interest expenses.

HYSR Stock Debt and Cash Flow Analysis

The Cash-Flow to Debt Ratio (TTM) of -3.68 and Short Term Coverage Ratios (TTM) of -3.92 indicate that the company is struggling to generate positive cash flow and cover its short-term obligations. The Capital Expenditure Coverage Ratio (TTM) of -90.12 also highlights this issue.

The Price to Book Value Ratio (TTM) of 4.59 and Price to Book Ratio (TTM) of 4.59 indicate that the stock is trading at a premium to its book value. The Price to Earnings Ratio (TTM) of 2.69 is higher than the industry average, and the Price to Free Cash Flows Ratio (TTM) of -35.35 and Price to Operating Cash Flows Ratio (TTM) of -35.75 suggest that the stock may be overvalued compared to its cash flow. The Price to Earnings to Growth Ratio (TTM) of 0.01 is also not favorable.

The Enterprise Value Multiple (TTM) of 2.04 and Price to Fair Value (TTM) of 4.59 suggest that the stock is trading at a premium to its fair value, which may not be sustainable in the long term.

Conclusion and Future Potential

In conclusion, SunHydrogen, Inc. (OTC: HYSR) reported a pre-tax income of $90.03 million and a net income of $90.03 million in its fiscal year ending 2022-06-30, resulting in a earnings per share (EPS) of 0.02. HYSR Stock has a healthy Current Ratio and Quick Ratio, indicating that it has enough assets to cover its short-term liabilities. However, the company’s Return on Capital Employed and Interest Coverage are causes for concern, suggesting that it is not generating enough returns on its invested capital and is not generating enough earnings to cover its interest expenses. The Cash-Flow to Debt Ratio, Short Term Coverage Ratios, and Capital Expenditure Coverage Ratio also indicate that the company is struggling to generate positive cash flow and cover its short-term obligations. The Price to Book Value Ratio and Price to Free Cash Flows Ratio suggest that the stock may be overvalued compared to its book value and cash flow. The Price to Earnings to Growth Ratio and Price to Fair Value also suggest that the stock may not be sustainable in the long term.

Based on the analysis, it is recommended to approach HYSR Stock with caution and thoroughly research the company before making an investment decision. It would be wise to wait for more favorable financial metrics and a lower valuation before considering an investment in the company.

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