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Yingli (YGE +3%) pre-announces a better-than-expected Q4: the company says it will report a ~40%...

Yingli (YGE +3%) pre-announces a better-than-expected Q4: the company says it will report a ~40% Q/Q increase in solar module shipments on March 4, well above prior guidance for a "low teen percentage increase." However, gross margin is expected to total -8% to -8.5% thanks to inventory and depreciation charges. Shares are up moderately after ripping higher over the last 3 months along with other solar names. Peers are also up: TSL +4.1%. JKS +4.5%. CSIQ +3.5%. LSK +2.9%. SPWR +4.7%.
Comments (3)
  • I prefer (TSL) over (YGE).
    22 Feb 2013, 01:25 PM Reply Like
  • But (SPWR) will do best.
    22 Feb 2013, 01:26 PM Reply Like
  • what`s the reason for depreciation change? Capacity for Panda or something else?
    25 Feb 2013, 06:07 AM Reply Like
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