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Gigasun AB (SE:GIGA)
:GIGA
Sweden Market
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Gigasun AB (GIGA) AI Stock Analysis

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SE:GIGA

Gigasun AB

(GIGA)

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Neutral 45 (OpenAI - Gpt-5.6Sol)
Rating:45Neutral
Price Target:
kr1.00
▼(-50.50% Downside)
Action:N/A
Date:09/24/26
The score is primarily held back by weak financial performance (declining revenue, net losses, and persistent negative free cash flow) and bearish technicals (price below all key moving averages with negative MACD). Balance-sheet deleveraging is a positive offset, but valuation remains hard to justify given negative earnings and no dividend yield data.
Positive Factors
Lower Leverage
The substantial reduction in debt-to-equity lowers balance-sheet risk and improves financial flexibility compared with 2025. A less leveraged capital structure can make it easier to manage volatility, support operations, and allocate capital toward recovery without the same debt burden.
Negative Factors
Revenue Decline and Net Losses
Declining revenue combined with a negative net margin signals that the business is not currently expanding its earnings base or translating sales into shareholder returns. Continued weakness would reduce operating scale and make it harder to absorb costs, invest in growth, or rebuild profitability over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Lower Leverage
The substantial reduction in debt-to-equity lowers balance-sheet risk and improves financial flexibility compared with 2025. A less leveraged capital structure can make it easier to manage volatility, support operations, and allocate capital toward recovery without the same debt burden.
Read all positive factors

Gigasun AB (GIGA) vs. iShares MSCI Sweden ETF (EWD)

Gigasun AB Business Overview & Revenue Model

Company Description
Gigasun AB (publ) is dedicated to the financing, ownership, and operational management of rooftop solar energy installations throughout China. The company has successfully deployed systems totaling 57.5 megawatts (MW) of capacity, catering to a di...

Gigasun AB Financial Statement Overview

Summary
Financial results are mixed but skew weak: TTM revenue declined (-3.99%) and net profitability remains negative (net margin -13.2%) with notable margin compression (gross margin ~8.5% vs ~18.2% in 2025). Balance sheet risk improved materially with lower leverage (debt-to-equity 0.56 vs 2.53 in 2025), but returns are still negative (ROE -5.0%). Operating cash flow is positive (~117.4M), yet free cash flow remains persistently negative (TTM -44.8M), limiting financial flexibility.
Income Statement
45
Neutral
Balance Sheet
58
Neutral
Cash Flow
42
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue189.06M203.18M184.79M178.39M156.97M117.35M
Gross Profit16.00M37.00M184.79M178.39M32.55M24.74M
EBITDA108.16M127.26M143.32M98.94M126.17M161.17M
Net Income-24.94M-7.21M-32.94M-76.14M-29.08M16.04M
Balance Sheet
Total Assets2.52B2.30B2.53B2.03B1.97B1.75B
Cash, Cash Equivalents and Short-Term Investments9.53M45.15M89.89M19.14M60.74M160.67M
Total Debt286.10M1.24B1.32B1.03B1.02B958.78M
Total Liabilities2.01B1.81B1.95B1.46B1.45B1.25B
Stockholders Equity512.60M488.20M577.34M569.71M520.91M499.45M
Cash Flow
Free Cash Flow-44.80M-68.82M-167.91M-218.91M-182.37M-191.95M
Operating Cash Flow117.38M101.06M133.78M29.39M176.83M104.34M
Investing Cash Flow-195.18M-208.44M-289.63M-257.55M-304.59M-299.16M
Financing Cash Flow72.69M72.48M224.15M186.94M21.35M273.23M

Gigasun AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.02
Price Trends
50DMA
1.83
Negative
100DMA
2.07
Negative
200DMA
2.20
Negative
Market Momentum
MACD
-0.19
Negative
RSI
32.03
Neutral
STOCH
53.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GIGA, the sentiment is Negative. The current price of 2.02 is above the 20-day moving average (MA) of 1.47, above the 50-day MA of 1.83, and below the 200-day MA of 2.20, indicating a bearish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 32.03 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:GIGA.

Gigasun AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
kr89.87M-11.13――――
53
Neutral
kr769.88M-41.74-5.40%―132.68%91.26%
47
Neutral
kr295.63M-8.38――80.80%92.27%
45
Neutral
kr176.41M-2.93――-3.52%26.43%
41
Neutral
kr26.00M-0.61――61.75%36.32%
40
Underperform
kr125.67M-0.12-103.55%―-16.23%36.58%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:GIGA
Gigasun AB
1.30
-1.33
-50.57%
SE:MIDS
Midsummer AB
1.40
-0.97
-40.80%
SE:SOLT
SolTech Energy Sweden AB
0.09
-0.33
-79.15%
SE:FERRO
Ferroamp AB
2.68
0.92
52.27%
SE:CHARGE
ChargePanel AB
2.19
0.28
14.96%
SE:CLEMO
Clean Motion AB
0.07
-0.22
-75.09%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 24, 2026