Language: 
To browser these website, it's necessary to store cookies on your computer.
The cookies contain no personal information, they are required for program control.
  the storage of cookies while browsing this website, on Login and Register.

GDPR and DSGVO law

Storing Cookies (See : http://ec.europa.eu/ipg/basics/legal/cookies/index_en.htm ) help us to bring you our services at overunity.com . If you use this website and our services you declare yourself okay with using cookies .More Infos here:
https://overunity.com/5553/privacy-policy/
If you do not agree with storing cookies, please LEAVE this website now. From the 25th of May 2018, every existing user has to accept the GDPR agreement at first login. If a user is unwilling to accept the GDPR, he should email us and request to erase his account. Many thanks for your understanding.
Amazon Warehouse Deals ! Now even more Deep Discounts ! Check out these great prices on slightly used or just opened once only items.I always buy my gadgets via these great Warehouse deals ! Highly recommended ! Many thanks for supporting OverUnity.com this way.

User Menu

A-Ads

Powerbox

Smartbox

3D Solar

3D Solar Panels

DC2DC converter

Micro JouleThief

FireMatch

FireMatch

CCKnife

CCKnife

CCTool

CCTool

Magpi Magazine

Magpi Magazine Free Rasberry Pi Magazine

Battery Recondition

Battery Recondition

Arduino

Ultracaps

YT Subscribe

Gravity Machines

Tesla-Ebook

Magnet Secrets

Lindemann Video

Navigation

Products

Products

WaterMotor kit

Statistics

  • *Total Members: 83569
  • *Latest: jank

  • *Total Posts: 514993
  • *Total Topics: 15320
  • *Online Today: 44
  • *Most Online: 103
(December 19, 2006, 11:27:19 PM)
  • *Users: 4
  • *Guests: 12
  • *Total: 16

Author Topic: Yingli Green misses on Q3 module shipments  (Read 2469 times)

Offline jingwei3344

  • Jr. Member
  • **
  • Posts: 53
Yingli Green misses on Q3 module shipments
« on: November 26, 2015, 03:46:04 AM »
Struggling ‘Silicon Module Super League’ member Yingli Green Energy has missed shipment guidance for the third quarter and will take a non-cash impairment charge of US$581.3 million on long-lived manufacturing assets, due to lower utilisation rates.

Yingli Green reported preliminary third-quarter 2015 financial results ahead of an earnings call to be held 2 December 2015, in which revenue is expected to be in the range of US$340 million to US$350 million.

Yingli Green had reported second-quarter revenue of US$438.1 million, down from US$468.7 million in the previous quarter.

PV module shipments in the third quarter were said to be in the range of 450MW to 460MW, compared to its previous guidance of 550MW to 580MW. The shipment figures do not include OEM production for third parties, which the company noted in the previous quarter would become a key strategy in maintaining high utilisation rates and cash generation due to its dire financial position.

Having failed to meet shipment guidance for self-branded modules, the non-cash impairment charge of US$581.3 million was not unexpected but the high value of the impairment further indicates the company is struggling to attract customers.

Yingli Green also noted that preliminary it expected overall gross margin in the third quarter to be in the range of 8% to 9%, up from 6.3% in the second quarter. The increase was said to be due to higher average selling price (ASP) and a decrease in unit costs of PV modules.

Free Energy | searching for free energy and discussing free energy


 

OneLink