Chinese solar shares extended a bull run, as optimism builds that a sector turning point is in sight given authorities’ push to reduce overcapacity and end a cutthroat price war https://t.co/8BBvypHcgf ...

Corning (GLW) 2025 Conference September 04, 2025 08:50 AM ET Company ParticipantsAsiya Merchant - Technology Equity ResearchEdward Schlesinger - EVP & CFOConference Call ParticipantsNone - AnalystAsiya MerchantHere. You Always have a minute. A minute always helps. Alright. Good morning, everyone.Day two of Citi's Global TMT Conference. I am ASEA Merchant. I cover the tech hardware and tech supply chain here at Citi Research. So really excited to have Corning here. I have Ed here, the CFO of Corning.We have ...

Key Takeaways First Solar shares rose 6.5% in a month, beating the market and Oil-Energy sector gains.FSLR beat Q2 estimates with $3.18 EPS and $1.10B revenues, raising 2025 sales outlook.Company targets 25 GW capacity by 2026 and holds $18.5B in contracts through 2030.Shares of First Solar Inc. (FSLR) have gained 3.6% in the past month, outperforming the S&P 500’s growth of 2.3% and the broader Zacks Oil-Energy sector’s increase of 2.8%. However, it lagged the Zacks solar industry’s growth of 15.4% in the ...

Flash | 24 Aug 2025 17:06:33 ET │ 14 pages Trina Solar (688599.SS) Loss Reported for 2Q25; Prefer Polysilicon Makers on Potential Gains from Anti-involution Policy CITI'S TAKE Trina reported Rmb2,918m net loss in 1H25 (vs. Rmb526m net profits in 1H24), including Rmb1,598m net loss in 2Q25 – not a surprise in view of low solar module market price during the period. Its operating cash inflow was Rmb1,843m in 1H25, comprising Rmb2,679m in 2Q25. Regarding the anti-involution policy, the company stated that ever ...

Summary of Tongwei's 1H25 Earnings Call Company Overview - **Company**: Tongwei (600438.SS) - **Industry**: Polysilicon and Solar Energy Key Financial Highlights - **Net Loss**: Tongwei reported a net loss of Rmb4,955 million in 1H25, including Rmb2,363 million in 2Q25, a significant decline from a net profit of Rmb3,129 million in 1H24 [1] - **Sales Price Declines**: Average selling prices (ASPs) for polysilicon, solar cells (TOPCon), and solar modules fell by 29%, 32%, and 25% year-over-year (yoy) respectively in 1H25 [1] - **Operating Cash Flow**: Deteriorated to negative Rmb1,951 million in 1H25 from positive Rmb961 million in 1H24 [1] - **Net Debt to Equity Ratio**: Increased by 6.9 percentage points to 117% in 1H25 due to reduced equity value from net losses [1][7] - **Return on Equity (ROE)**: Worsened to negative 10.7% in 1H25 from negative 5.2% in 1H24 [1] Sales and Market Position - **Polysilicon Shipment**: Recorded a shipment volume of 161.3k tonnes, down 29.5% yoy, maintaining a 30% global market share [2] - **Solar Cell and Module Shipments**: Solar cell shipments increased by 55.9% yoy to 49.89GW, while module shipments rose by 31.3% yoy to 24.52GW [2] - **Production Capacity**: Tongwei has an annual production capacity of 900,000 tonnes of polysilicon, 150GW of solar cells, and over 90GW of modules [2] Margin Analysis - **Gross Profit Margin**: Fell to 1.5%, a decrease of 3.6 percentage points yoy, marking the worst margin performance in the last 10 years [3][9] - **Operating Profit Margin**: Reported at -11.1%, a decline of 0.9 percentage points yoy [9] Future Outlook and Strategic Measures - **Anti-Involution Measures**: The effectiveness and implementation of China's anti-involution measures are expected to significantly impact Tongwei's profitability in 2H25. These measures aim to curb low-price competition and improve pricing mechanisms [8] - **Capex Reduction**: Anticipated further cuts in capital expenditures in 2H25 due to excess production capacity and unprofitable new capacity under current pricing conditions [7] Valuation and Investment Perspective - **Target Price**: The target price for Tongwei is set at Rmb25.00 per share, reflecting an expected return of 18.9% [4][15] - **Market Capitalization**: Approximately Rmb94,677 million (US$13,212 million) [4] Risks and Considerations - **Key Risks**: Potential risks include prolonged support for less efficient solar equipment manufacturers and unexpected growth in solar installations in China [16] Conclusion - Tongwei's financial performance in 1H25 reflects significant challenges due to declining prices and increased competition in the polysilicon market. The company's future performance will heavily depend on the successful implementation of government measures aimed at stabilizing the industry.

The US government’s energy statistics agency has delayed a key uranium report and suspended an annual solar analysis as Trump administration staff cuts begin to take hold https://t.co/K3u6zIhacu ...

Company Overview - Shoals Technologies Group (SHLS) currently holds a Momentum Style Score of B, indicating a positive outlook based on its price change and earnings estimate revisions [2] - The company has a Zacks Rank of 2 (Buy), which suggests it is expected to outperform the market [3] Price Performance - Over the past week, SHLS shares have increased by 24.86%, significantly outperforming the Zacks Solar industry, which rose by 1.56% during the same period [5] - In a longer time frame, SHLS shares have risen by 32.65% over the past quarter and 26.21% over the last year, while the S&P 500 has only moved 9.72% and 16.49%, respectively [6] Trading Volume - The average 20-day trading volume for SHLS is 6,312,327 shares, which is considered a bullish sign as it indicates strong interest in the stock [7] Earnings Estimates - In the past two months, five earnings estimates for SHLS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.35 to $0.38 [9] - For the next fiscal year, five estimates have also moved upwards without any downward revisions [9] Conclusion - Considering the positive price momentum, strong trading volume, and favorable earnings outlook, SHLS is positioned as a solid momentum pick with a 2 (Buy) rating and a Momentum Score of B [11]

Malaysian Tycoon Lin Yun Ling’s Gamuda Building Over $1 Billion Of Solar Projects Amid Data Center Boom https://t.co/PAJaiwFkUY https://t.co/opgAdTxPua ...

Welcome back to Money Movers. Nvidia obviously front and center this week as the company gets set to report earnings on Wednesday after the bell. Stocks up 13% since hitting that $4 trillion market cap and is leading the NDX in today's session.Can this quarter's print extend the winning streak. Joining us here at Post9 this morning, Intelligent Alpha CEO and Deep Water Asset Management Managing Partner Doug Clinton's with us. Doug, welcome.Good to have you in. Thank you, Carl. You do think you expect them t ...

Malaysian Tycoon Lin Yun Ling’s Gamuda Building Over $1 Billion Of Solar Projects Amid Data Center Boomhttps://t.co/H7Q0Vhc3vD https://t.co/pEe1d3FyUY ...