TOYO Co., Ltd
Business
TOYO Co., Ltd is an integrated solar solutions company that manufactures solar cells and photovoltaic (PV) modules and develops related upstream and downstream capabilities. It offers TOPCon solar cells, PV modules, R&D services, and plans for wafer slicing and vertical integration across the solar supply chain. Its business is organized around manufacturing operations, R&D, supply chain procurement and strategic collaborations with affiliates (including VSUN), and multiple subsidiaries supporting production. TOYO targets the United States market primarily while supplying customers in Southeast Asia and other global markets via direct sales, distributors and OEM arrangements.
Summary from filing dated 2025-05-12
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | $427.38M |
| Net income | $39.66M |
| Total assets | $441.43M |
| Total liabilities | $330.18M |
| Stockholders' equity | $111.26M |
| Operating cash flow | $132.99M |