Hanwha Solarone Co Ltd (NASDAQ:HSOL) new venture for solar production with the Wuxi New District Administrative Committee, opens new revenue doors for the floundering solar PV maker. The strategic plan will now allow Hanwha Solarone Co Ltd(NASDAQ:HSOL) to build, own and operate facilities spread across, the largely industrial district, solar energy to the tune of 100 MW. Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares after opening at $3.30 moved to $3.32 on last trade day and at the end of the day closed at $2.92 . Company price to sales ratio in past twelve months was calculated as 0.36 and price to cash ratio as 1.45. Hanwha Solarone Co Ltd (NASDAQ:HSOL) showed a negative weekly performance of -22.96 %.
A Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) announced its unaudited financial results for its fourth quarter and fiscal year ended December 31, 2013. Net revenue in the fourth quarter of 2013 was RMB 2.2 billion ($357.3 million), an increase of 23.0% from RMB 1.8 billion ($290.5 million) in the third quarter of 2013, and an increase of 29.5% from RMB 1.7 billion ($275.9 million) in the fourth quarter of 2012. Earnings per diluted ADS in the fourth quarter of 2013 was RMB 1.92($0.32), compared with loss per diluted ADS of RMB 6.77 ($1.12) in the third quarter of 2013 and loss per diluted ADS of RMB 15.06 ($2.49) in the fourth quarter of 2012. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares fell -7.05 % in last trading session and ended the day on $9.62 . JASO return on equity ratio is recorded as -25.90% and its return on assets is -9.60 %. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) yearly performance is 157.22%.
Vimicro International Corporation (ADR) (NASDAQ:VIMC) was soaring 39.83% to $4.14 at 11:46 a.m. EST on Monday after the Chinese fabless chip company updated its fourth-quarter guidance for the fiscal year 2013 and first-quarter guidance for the fiscal year 2014. Vimicro International Corporation (ADR) (NASDAQ:VIMC) shares moved up 7.48% in last trading session and was closed at $3.88 while trading in range of $3.54 – $3.92 – Vimicro International Corporation (ADR) (NASDAQ:VIMC) year to date (YTD) performance is 100.00%.
Yingli Green Energy Hold. Co. (NYSE:YGE) was downgraded by equities researchers at Credit Suisse from a “neutral” rating to an “underperform” rating in a research report issued on Wednesday, AnalystRatingsNetwork.com reports. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) weekly performance is -20.71%. On last trading day company shares ended up $4.25. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is -29.55%. Analysts mean target price for the company is $6.64.
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