00968 XINYI SOLAR
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XINYI SOLAR News
We Think Xinyi Solar Holdings (HKG:968) Can Stay On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
信義光能：二零二三年年報
China Drives Down Cost of Solar Power Development
China's large-scale development of solar power, coupled with continuous innovation and a complete industrial chain, is driving down production costs and making new energy products more affordable worldwide, experts said.
Changes in Hong Kong stocks | PV glass stocks picked up in early trading, glass prices still have slight room to rise, profits or phased improvements
Photovoltaic glass stocks picked up in early trading. As of press release, Xinyi Solar (00968) rose 3.66% to HK$5.38; Follett Glass (06865) rose 1.93% to HK$17.94; and Fuyao Glass (03606) rose 1.55% to HK$42.65.
Ping An Securities: Photovoltaic glass may face phased improvements in the medium to long term, and we still need to pay attention to the new ignition scale, etc.
Considering that the PV module production schedule is still high in April, glass ignition has increased since March, but production capacity will take time to climb. Under tight supply and demand, there is still a slight room for short-term glass prices to rise. Combined with falling prices of raw materials such as soda ash, the profit of photovoltaic glass has improved.
Is Now An Opportune Moment To Examine Xinyi Solar Holdings Limited (HKG:968)?
Xinyi Solar Holdings Limited (HKG:968), might not be a large cap stock, but it saw a significant share price rise of 53% in the past couple of months on the SEHK. The recent rally in share price
Changes in Hong Kong stocks | Xinyi Solar (00968) fell more than 3%, institutions say it faced market price competition and the industry may once again be oversupplied in the fourth quarter
The Zhitong Finance App learned that Xinyi Solar (00968) fell by more than 3%. As of press release, it was down 3.13% to HK$5.26, with a turnover of HK$217 million. According to the news, HSBC Research recently published a report stating that Xinyi Solar's updated information on inventory, pricing and demand prospects is consistent with the bank's positive interpretation of the photovoltaic industry and the latest industry data, and the company's current business is developing in the right direction. The company's new polysilicon production line is scheduled to start operation from May to June this year and then expand production capacity in the next few quarters. However, the bank is still concerned about the impact of price competition in the market. Bank of Commerce International
[Broker Focus] Dongfang Wealth Securities first granted Xinyi Solar (00968) “increase in holdings” rating, indicating that the PV glass supply and demand pattern is expected to be repaired
Jinwu Financial News | According to Oriental Wealth Securities Research, Xinyi Solar (00968)'s comprehensive revenue reached a record high in 2023, an increase of 29.6% to HK$26.629 billion. In 2023, the daily melting capacity of the company's photovoltaic glass reached 25,800 tons, an increase of 6,000 tons over the beginning of the year, driving a significant increase in revenue. The gross margin of 23H2 increased compared to 23H1: the gross margin of the PV glass division increased from 15.2% in the first half of '23 to 26.4% in the second half of '23 due to higher average selling prices, reduced cost pressure, and improved operational efficiency. The bank believes that the PV glass supply and demand pattern is better in the photovoltaic industry.
Changes in Hong Kong stocks | Xinyi Solar (00968) fell by more than 4%, institutions say it is difficult for demand to continue to rise sharply in the fourth quarter or oversupply again
Xinyi Solar (00968) fell by more than 4%. As of press release, it was down 3.75% to HK$5.39, with a turnover of HK$156 million.
Changes in Hong Kong stocks | Xinyi Solar (00968) fell more than 6%, photovoltaic glass inventories slowed down, and the industry's new production capacity reached production one after another, or led to oversupply
Xinyi Solar (00968) fell by more than 6%. As of press release, it was down 6.09% to HK$555, with a turnover of HK$274 million.
CICC: Repair of 24Q1 PV main pressure-bearing auxiliary materials
Judging from price trends, the main battery sector in 1Q24 production benefited from price increases and cost side silicon wafer prices fell, auxiliary materials benefited from price increases for photovoltaic glass and film, silver paste benefited from the introduction of new technology, and profits were recovered.
Changes in Hong Kong stocks | PV glass stocks continue to decline, Follett Glass (06865) falls more than 4%, Xinyi Glass (00868) falls more than 3%
The Zhitong Finance App learned that photovoltaic glass stocks continued to decline. As of press release, Follett Glass (06865) fell 4.48% to HK$18.32; Xinyi Glass (00868) fell 3.29% to HK$8.23; Xinyi Solar (00968) fell 3.13% to HK$5.88; Kaisheng New Energy (01108) fell 2.38% to HK$5.32. According to the news, according to Solbi's consultation, some early ignition production lines have recently been put into production one after another, and the supply supply in the photovoltaic glass market has increased slightly. Looking at next week, glass manufacturers will mainly execute orders. Inventory deceleration is expected to slow down. Market is expected
Zhongtai Securities: Photovoltaic glass supply and demand improvement, superposition cost optimization, the sector is more flexible in recovering profits
Looking at 24 years, the supply and demand for photovoltaic glass is expected to improve. At the same time, considering the peak season and the time when glass production capacity rises, there may be a phased mismatch between supply and demand, leading to a rise in glass prices.
Changes in Hong Kong stocks | Follett Glass (06865) fell by more than 4%, leading the decline. The photovoltaic glass stock industry will have a large production capacity, and it is difficult to continue to increase significantly in demand
Photovoltaic glass stocks generally declined in early trading. As of press release, Xinyi Energy (03868) fell 4.35% to HK$1.1; Follett Glass (06865) fell 4.01% to HK$19.16; Xinyi Solar (00968) fell 2.71% to HK$2.71; and Xinyi Glass (00868) fell 2.04% to HK$8.63.
Changes in Hong Kong stocks | Xinyi Solar (00968) falls by more than 5%, and the industry will have large production capacity, making it difficult for demand to continue to rise sharply
Xinyi Solar (00968) is now down more than 5%. As of press release, it is down 5.16% to HK$6.07, with a turnover of HK$57.129 million.
Changes in Hong Kong stocks | PV glass stocks rose, Follett Glass (06865) rose more than 5%, downstream demand improved, production capacity expanded in an orderly manner, and prices are expected to continue to rise in April
As of press release, Follett Glass (06865) rose 5.97% to HK$21.3, Xinyi Solar (00968) rose 5.51% to HK$6.51, and Xinyi Glass (00868) rose 3.03% to HK$8.84.
Slowing Rates Of Return At Xinyi Solar Holdings (HKG:968) Leave Little Room For Excitement
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an inc
Changes in Hong Kong stocks | Xinyi Solar (00968) rose nearly 4%, mismatch between supply and demand, combined with inventory elimination, glass price increase in April
The Zhitong Finance App learned that Xinyi Solar (00968) rose nearly 4%. As of press release, it had risen 3.75% to HK$6.37, with a turnover of HK$72.399 million. According to the news, according to SMM, as of April 1, the price of 2.0mm photovoltaic glass was 17.5-18.5 yuan/square meter, and the price of 3.2mm glass was 27.0-27.5 yuan/square meter. The mainstream transaction prices were 18.0 and 27.0 yuan/square meter respectively. The average price increased by 1.85 yuan/square meter and 1.5 yuan/square meter respectively from the previous month. SMM pointed out that domestic glass prices increased significantly in April
Changes in Hong Kong stocks | Follett Glass (06865) rose more than 7%, leading the rise, supply and demand for PV glass stocks will continue to be tight, and prices are expected to continue to rise
The Zhitong Finance App learned that Follett Glass (06865) rose more than 7% to lead PV glass stocks. As of press release, Follett Glass rose 7.78% to HK$20.5, Xinyi Solar (00968) rose 3.96% to HK$6.3, and Xinyi Glass (00868) rose 2.17% to HK$8.47. According to the news, according to SMM, as of April 1, the price of 2.0mm photovoltaic glass was 17.5-18.5 yuan/square meter, and the price of 3.2mm glass was 27.0-27.5 yuan/square meter. The mainstream transaction prices were 18.0 and 27.0 yuan/square meter, respectively
Huafu Securities: I am optimistic that the price increase of photovoltaic glass will be implemented, and profits will continue to improve
Huafu Securities believes that the current price increase for photovoltaic glass is mainly driven by a tight supply and demand pattern and continued inventory removal.
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