28 January 2026 | 2:13PM CST Equity Research CHINA SOLAR: TRACKING PROFITABILITY INFLECTION Jan-26: Accelerating Cell price hike alongside sharp silver price increase; FY25 China solar installation beat Our China Solar Profitability Tracker follows monthly supply/demand and inventory dynamics by sub-sector, and the spot prices/input costs implied cash GP & EBITDA margin trends for companies under our coverage. Key highlights in Jan MTD: Goldman Sachs does and seeks to do business with companies covered in i ...