Company research
PN Smart Energy Ltd
CIK 2001288Updated Oct 6, 2026
SecurityPN · NASDAQ · equity
Name history
Skycorp Solar Group Ltd · through May 8, 2026
PN price & chart
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NASDAQ:PN on TradingView ↗About the company
PN Smart Energy Limited is an emerging independent power producer and clean energy infrastructure company. While the Company’s current revenue is anchored in solar equipment, manufacturing-including solar cables, inverters, and energy storage distribution, it is strategically transitioning toward power generation assets. The Company develops and operates solar and wind power plants as an IPP, with the long-term goal of becoming a vertically integrated smart energy company that powers the future through clean energy. For more information, please visit the Company's investor relations website at https://ir.pnsmartenergy.com/.
In the news
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 |
|---|---|
| ASSETS | |
| AssetsUSD | 45,494,086Source |
| Property, Plant and Equipment, NetUSD | 831,963Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,509,106Source |
| Current assets: | |
| Cash and Cash Equivalents, at Carrying ValueUSD | 9,343,368Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 9,046,671Source |
| Inventory, NetUSD | 4,279,330Source |
| Assets, CurrentUSD | 34,592,927Source |
| Prepaid Expense and Other Assets, CurrentUSD | 5,106,553Source |
| Operating Lease, Right-of-Use AssetUSD | 1,639,652Source |
| LIABILITIES AND EQUITY | |
| LiabilitiesUSD | 23,016,976Source |
| Stockholders’ equity: | |
| Retained Earnings (Accumulated Deficit)USD | 11,409,619Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -130,537Source |
| Stockholders' Equity Attributable to ParentUSD | 19,884,925Source |
| Additional Paid in Capital, Common StockUSD | 8,464,735Source |
| Liabilities and EquityUSD | 45,494,086Source |
| Current liabilities: | |
| Liabilities, CurrentUSD | 21,720,189Source |
| Operating Lease, Liability, CurrentUSD | 386,590Source |
| Accounts Payable, CurrentUSD | 4,313,552Source |
| Operating Lease, Liability, NoncurrentUSD | 1,253,062Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 2,592,185Source |
cash flow · annual statements
| Line item | FY 2025 |
|---|---|
| Cash flows from operating activities: | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -2,211,646Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |
| Depreciation and amortization | —Source |
| Changes in operating assets and liabilities: | |
| Increase (Decrease) in Accounts ReceivableUSD | -783,546Source |
| Increase (Decrease) in InventoriesUSD | 1,727,748Source |
| Deferred Income Tax Expense (Benefit)USD | -28,961Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,872,940Source |
| Cash flows from investing activities: | |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -4,803,821Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 465,357Source |
| Cash flows from financing activities: | |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 8,197,520Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 6,307,216Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 11,474,067Source |
| Supplemental disclosure of cash flow information: | |
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 124,416Source |
| Income Taxes Paid, NetUSD | 3,237Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 40,577Source |
| Additional Financial Items | |
| Amortization of Intangible AssetsUSD | 210,101Source |
| DepreciationUSD | 167,837Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 110,914Source |
| Gain (Loss) on InvestmentsUSD | -50,975Source |
| General and Administrative ExpenseUSD | 4,824,085Source |
| Income (Loss) from Equity Method InvestmentsUSD | 15,907Source |
| Income Tax Expense (Benefit)USD | 36,087Source |
| InterestExpenseNonoperatingUSD | 207,848Source |
| Inventory Write-downUSD | -518,867Source |
| Investment Income, InterestUSD | 60,955Source |
| Net Income (Loss) Attributable to ParentUSD | -2,695,965Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 484,319Source |
| Nonoperating Income (Expense)USD | 373,335Source |
| Operating ExpensesUSD | 8,849,335Source |
| Operating Lease, ExpenseUSD | 435,901Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | 55,819Source |
income statement · annual statements
| Line item | FY 2025 |
|---|---|
| Total RevenueUSD | 63,311,196Source |
| Cost of Goods and Services Sold | —Source |
| Operating Income (Loss)USD | -2,548,894Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,175,559Source |
| Income Tax Expense (Benefit)USD | 36,087Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 484,319Source |
| Net Income (Loss) Attributable to ParentUSD | -2,695,965Source |
| Earnings Per Share, BasicUSD per share | -0.1Source |
| Earnings Per Share, DilutedUSD per share | -0.1Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 26,156,164Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 26,156,164Source |
| Interest Expense (non-operating)USD | 207,848Source |
| Additional Financial Items | |
| Amortization of Intangible AssetsUSD | 210,101Source |
| Current Income Tax Expense (Benefit)USD | 65,048Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 377,938Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 110,914Source |
| Gain (Loss) on InvestmentsUSD | -50,975Source |
| General and Administrative ExpenseUSD | 4,824,085Source |
| Gross ProfitUSD | 6,300,441Source |
| Income (Loss) from Equity Method InvestmentsUSD | 15,907Source |
| Investment Income, InterestUSD | 60,955Source |
| Nonoperating Income (Expense)USD | 373,335Source |
| Operating ExpensesUSD | 8,849,335Source |
| Operating Lease, ExpenseUSD | 435,901Source |
| Research and Development ExpenseUSD | 1,680,797Source |
| Selling and Marketing ExpenseUSD | 2,344,453Source |
Offerings
Registration 333-295378
Filing attachments
skycorp_ex41.htm · 6-K · 2026-08-10
EXHIBIT 4.1 PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT PN Smart Energy Limited Warrant Shares: [ ] Initial Exercise Date: August 10, 2026 ─────────────────────────────────────────────────────────────────── THIS PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [ ] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after August 10, …
Read attachment ↗skycorp_ex991.htm · 6-K · 2026-08-10
EXHIBIT 99.1 Correction-PN Smart Energy Limited Announces Pricing of $5.2 Million Registered Direct Offering NINGBO, China, August 10, 2026 (GLOBE NEWSWIRE) - PN Smart Energy Limited (NASDAQ: PN) (the “Company”), a global independent power producer (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure, today announced that on August 10, 2026, we amended and restated the securities purchase agreement for our previously announc…
Read attachment ↗skycorp_ex992.htm · 6-K · 2026-08-10
EXHIBIT 99.2 PN Smart Energy Limited Announces Closing of $5.2 Million Registered Direct Offering NINGBO, China, August 10, 2026 (GLOBE NEWSWIRE) -- PN Smart Energy Limited (NASDAQ: PN) (the “Company”), a global independent power producer (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure, today announced the closing of its previously announced registered direct offering of 1,735,000 Class A ordinary shares, par value $0.0…
Read attachment ↗skycorp_ex991.htm · 6-K · 2026-08-07
EXHIBIT 99.1 PN Smart Energy Limited Announces Pricing of $5.0 Million Registered Direct Offering NINGBO, China, August 07, 2026 (GLOBE NEWSWIRE) - PN Smart Energy Limited (NASDAQ: PN) (the “Company”), a global independent power producer (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure, today announced that it has entered into a securities purchase agreement with an institutional investor for the sale of up to 1,428,572 …
Read attachment ↗skycorp_ex991.htm · 6-K · 2026-08-04
EXHIBIT 99.1 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our combined financial statements and related notes included elsewhere in exhibit 99.2 to this Form 6-K. This discussion and analysis and other parts of exhibit 99.1 to this Form 6-K contain forward-looking statements based upon current beliefs, plans and expectations tha…
Read attachment ↗skycorp_ex992.htm · 6-K · 2026-08-04
EXHIBIT 99.2 PN SMART ENERGY LTD. INDEX TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTENTS PAGE(S) UNAUDITED CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2026, AND SEPTEMBER 30, 2025 F-2 UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME FOR THE SIX MONTHS ENDED MARCH 31,2026 AND 202…
Read attachment ↗