TOYO Co., Ltd. (TOYO)
| Market Cap | 124.30M |
| Revenue (ttm) | 176.96M |
| Net Income (ttm) | 33.41M |
| Shares Out | 33.60M |
| EPS (ttm) | 1.09 |
| PE Ratio | 3.41 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,859 |
| Open | 3.620 |
| Previous Close | 3.565 |
| Day's Range | 3.620 - 3.700 |
| 52-Week Range | 1.360 - 8.340 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 15, 2025 |
About TOYO
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States. The company designs, manufactures, and sells solar cells and modules, and related products. TOYO Co., Ltd. is headquartered in Tokyo, Japan. [Read more]
Financial Performance
In 2024, TOYO Co., Ltd.'s revenue was $176.96 million, an increase of 183.69% compared to the previous year's $62.38 million. Earnings were $33.41 million, an increase of 237.88%.
Financial numbers in USD Financial StatementsNews
Leading Independent Proxy Advisory Firm ISS Recommends Shareholders Elect Both of NHGGP's Candidates to the Toyo Suisan Board
NEW YORK & TOKYO--(BUSINESS WIRE)--Today, Nihon Global Growth Partners Management Inc. (“NHGGP”) announced that Institutional Shareholder Services, Inc. (“ISS”), a leading independent proxy advisory f...
Europe's Rice Noodles Market to Surpass USD 3.85 Billion by 2030: Thai President Foods, Nongshim Co., and Toyo Suisan Kaisha Dominate
The market offers growth opportunities driven by rising demand for gluten-free and health-conscious options, and the popularity of Asian cuisine. Convenience and innovation in products, like organic a...
Rice Noodles (Vermicelli, Stick, Wide, Other) Market Insights Report 2025: Thai President Foods, Nongshim Co., Toyo Suisan Kaisha, Nasoya Foods USA, and Nissin Foods Co. Lead the Competition
The rice noodles market is growing due to rising demand for gluten-free, health-conscious foods and the popularity of Asian cuisine. Key opportunities include catering to vegan, vegetarian, and clean-...
Palliser Capital Publishes Value Enhancement Plan for Toyo Tires
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”), a significant shareholder in Toyo Tires (“Toyo”) (5105 JT), today published a comprehensive presentation on the opportunities available to unloc...
TOYO: A Vertically Integrated Solar Play With Breakout Potential Amid Industry Reset
TOYO posted a 183% YoY revenue growth in FY24, but gross margins halved due to rising related-party costs, signaling potential pricing pressures. Over 80% of FY24 net income came from a non-operating ...
TOYO Announces Updated Audited Financial Results for the Full Year 2024
TOKYO , May 15, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced certain updates to its press release issued on April 28, 2025, an...
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...
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 t...
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 ...
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 r...
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...
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 giga...
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 ...
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 OT...
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 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 conference...
TOYO Co., Ltd to Showcase Solar Solutions at Key Energy Industry Events
TOKYO , Feb. 12, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced its participation in upcoming key energy industry events in Febr...
TOYO Co., Ltd Receives TÜV SÜD and CSA Certifications
TOKYO , Dec. 19, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, is pleased to announce that its subsidiary, Toyo Solar Company Limited has succe...
TOYO Co., Ltd Secures $150 million Contract to Supply Solar Cells to a Leading Solar Module Manufacturer
TOKYO , Nov. 26, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, is pleased to announce the execution of a significant contract valued at $150 mi...
TOYO Co., Ltd to Participate in Clean Energy Conferences in NYC on December 4th and 5th
TOKYO , Nov. 25, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced that the Company will participate in two Clean Energy conference...
TOYO Co., Ltd to Acquire Solar Module Manufacturing Facility in Texas
Move to accelerate TOYO's plans for "made-in-America" modules with 2.5 gigawatts initial capacity HOUSTON and TOKYO , Nov. 25, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company...
TOYO Co., Ltd Updates on 2024 Performance, Announces Preliminary Guidance for 2025
TOKYO , Nov. 18, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today provided an update on its anticipated business performance for the full ye...
Japan's Toyo to produce solar cells in Ethiopia for US plant
Japan's TOYO Co. Ltd on Monday said it will build a 2 gigawatt solar cell factory in Ethiopia that will provide duty-free components to a panel factory it is planning in the United States.
TOYO Co., Ltd Announces Plans for a 2 GW Solar Cell Manufacturing Facility in Ethiopia
TOKYO , Oct. 14, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, is excited to announce its plan to establish a state-of-the-art solar cell manuf...
TOYO Co., Ltd Announces Appointment of Liang "Simon" Shi as President
TOKYO , Oct. 10, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced Liang "Simon" Shi's appointment as the President. With a deep un...