June 13, 2012 (Chinavestor) Solar stocks rocked on Tuesday. LDK Solar (NYSE:LDK) rose over 17% on Tuesday, making it the stock with the most advance among Chinese listings on Tuesday. The stock rose on anticipation of a better market environment ahead of earnings report due later the month. But advances were not limited to LDK alone. RenSola Ltd. (NYSE:SOL), Suntech Power (NYSE:STP) and Jinko Solar (NYSE:JKS) were all among the best five performing stocks of the day.
June 12, 2012 (Chinavestor) Hainan Airlines (SHA:900945) is surprisingly profitable compared to larger rivals, by looking at dynamics within China's increasingly competitive airlines industry. Hainan Airlines (SHA:900945) is the smallest among the big four airlines in China, yet made a lot more money relatively speaking than its larger rivals. China Southern Airlines (NYSE:ZNH) is the largest airliner in China by revenue and fleet size, but Air China (HKG:0753) is a constant contender for the top spot. China Eastern Airlines (NYSE:CEA), the Shanghai based carrier, is keeping up with larger rivals, especially in terms of relative profits to Air China (HKG:0753).
June 8, 2012 (Chinavestor) Here we go again. We know there is going to be inevitable consolidation within the Chinese solar industry, yet it's been unknown who the first victims will be. Based on the latest numbers, out guess is that LDK Solar (NYSE:LDK) and Suntech Power (NYSE:STP) may be one of the first ones to be acquired or go under. Possible winners are Yingli Green Energy (NYSE:YGE) and some smaller names.
May 30, 2012 (Chinavestor) Chinese solar power manufacturer, Yingli Green Energy (NYSE:YGE), reported 2012 first quarter earnings today. The company achieved a record shipment of PV modules but at lower prices, maintaining a low gross margin of 7.8%. Compared to previous quarter and to the industry, a net loss of $45.0 million looks very good and should margins pick up in the second part of the year, the company may be able to return to profitability in 2013.When that happens, the early investors at current stock prices will be very happy...
And while revenue guidance for the second quarter may look promising, weak margins may mean more losses going forward. The only bright spot is a relatively fat cash pile the company has, eliminating liquidity concerns for the next two to five years.
