Sneha Shah
Long/short equity, research analyst, tech, solar

Hanwha SolarOne - Dirt-Cheap Valuation, Despite Capacity Constraints

Hanwha SolarOne (HSOL) is a fully integrated Korean-Chinese company involved in the production of polysilicon, wafers, ingots, cells and modules as well as system installation. The company received a big boost when its parent Hanwha group acquired German solar company Q Cells, making Hanwha one of the largest solar companies in the world. The Hanwha Group now has plants in China, Malaysia and Germany. The company is now expanding capacity as its capacity cannot keep up with the demand. The company is able to command high ASPs by focusing on higher price geographies such as Japan. Hanwha Solar did well in the last quarter and is showing signs of a turnaround. HSOL has seen a significant pullback in the last...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details