Yingli Green Energy Holding Company Limited (NYSE:YGE) recently declared that its Chinese based wholly owned subsidiary, Yingli Energy Company Limited has been selected by China Power Investment Corporation to deliver the 220 megawatt multi crystalline photovoltaic modules for the solar power projects before the end of the current year.
Following the completion of deal China Power Investment will use the modules for five photovoltaic power plants in Qinghai Province and Hebei Province in China.
Yingli Green Energy is a leading solar energy company which markets its products under the Yingli Solar brand. The company is famous for producing vertically integrated photovoltaic cells. In 2011 the company also delivered 110 megawatt modules to CPI.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock in last trading session shed -3.08% to close at $2.20, while trading in range of $2.16 – $2.24.
YGE stock price saw week’s volatility of 9.39% and month’s volatility is 9.39%, while the stock price of the company is moving down from its 20 days moving average with -0.90% and isolated negatively from 50 days moving average with -0.70%.
Looking at Analytic Ratios; the price to sales ratio of YGE in past twelve months was calculated as 0.19 and price to cash ratio as 0.69. Company return on equity ratio is recorded as -81.59% and its return on assets is -11.68%, and return on investment is -25.55%.