Green Energy | Why Yingli Green Energy (YGE) Stock Is Higher Today
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Green Energy | Why Yingli Green Energy (YGE) Stock Is Higher Today

NEW YORK ( TheStreet ) –Shares of Yingli Green Energy Holding Co. ( YGE ) are trading higher 6.2% to $4.12 on Monday afternoon after announcing a frame work agreement with United PV , a Chinese solar plant owner.

United PV will acquire at least 300 MW of large-scale solar energy systems, which is eligible for certain criterions, from Yingli China from 2014 to 2016.

Yingli China’s wholly-owned project companies will have 100% equity in the power plants, and are responsible for their development, construction, and operation.

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The debt-to-equity ratio is very high at 6.55 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. To add to this, YGE has a quick ratio of 0.54, this demonstrates the lack of ability of the company to cover short-term liquidity needs.

The gross profit margin for YINGLI GREEN ENERGY HLDGS CO is currently extremely low, coming in at 12.12%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, YGE’s net profit margin of -20.67% significantly underperformed when compared to the industry average.

The company’s current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Semiconductors


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