LDK LDK Solar Co.Ltd. featured news, full reports, and detailed charts
LDK Solar Co.Ltd. (LDK) Wrap Up:
LDK Solar Co., Ltd., through its subsidiaries, engages in the manufacture and sale of multicrystalline solar wafers to the manufacturers of solar cells and solar modules in the People?s Republic of China and internationally. The company offers multicrystalline solar wafers between 180 and 220 microns in thickness. It also provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. In addition, the company manufactures polysilicon materials, which include ingots and polysilicon scraps. It has a joint venture agreement with Q-Cells SE to develop solar power generation systems. The company was founded in 2005 and is headquartered in Xinyu city, the People?s Republic of China.LDK Solar Co.Ltd. (LDK:NYSE)
Snapshot of LDK Solar Co.Ltd. (LDK)
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OPEN
$7.65
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PREVIOUS CLOSE
$7.73
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DAY HIGH
$8.20
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DAY LOW
$7.50
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52 WEEK HIGH
01/9/09 - $16.47
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52 WEEK LOW
03/12/09 - $3.75
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MARKET CAP
848.4M
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AVERAGE VOLUME 3 mo
4.4M
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DILUTED EPS TTM
$-3.52
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SHARES OUTSTANDING
106.0M
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LDK Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
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LDK Top Compensated Officers
Executives, Board Directors
Key developments for LDK Solar Co.Ltd. (LDK)
LDK Solar Co.Ltd. revised revenue guidance for the third quarter ended September 30, 2009. For the quarter, the company expects to report between $270 million and $290 million in revenue. The company's prior guidance for the third quarter was revenue of $240 to $270 million.
LDK Solar Co.Ltd. announced a supply contract with Enfinity for the largest rooftop solar energy installation project in Benelux (an economic union comprising Belgium, the Netherlands and Luxembourg). The company will provide approximately 18,000 solar modules to be installed on the Balta Group's factory rooftop in Sint-Baafs-Vijve, Belgium. The project will be the largest solar installation project in Benelux, with a capacity of 4.2 MWp (megawatt peak) and total panel surface of over 30,000 square meters. The solar panels will deliver an average power output of 3.6 million kW (kilowatt) hours per year, which is equivalent to the power consumption of approximately 1,200 families. The Balta Group will be utilizing a portion of the solar energy to power its own business activities, with any surplus flowing back to the public grid. For a 20-year duration of the project, Balta Group will enjoy reduced and more stable power bills, in addition to avoiding producing approximately 34.6 million kilograms in carbon dioxide emissions.
LDK Solar Co.Ltd. announced organizational changes to its management team. Mr. Xingxue Tong, President and Chief Operating Officer will temporarily take over all manufacturing operation functions, including polysilicon and wafer production, as a result of the resignation of Mr. Nicola Sarno, Senior Vice President of Manufacturing. Mr. Sarno will leave the company on October 16, 2009 to pursue personal interests.
LDK Competitors
| Company | Last | Change |
| MEMC Electronic Materials Inc | $12.08 USD | -0.27 |
| Q-Cells | €10.41 EUR | -0.22 |
| Solarworld | €14.38 EUR | -0.16 |
| Yingli Green Energy Holding Co Ltd | $13.75 USD | +0.01 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | LDK | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.6x |
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| Price/Book | 1.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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LDK |
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LDK transactions
| Type Date |
Target |
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Merger/Acquisition
July 14, 2009 |
Solar Green Technology S.p.A. |
