Xinyi Solar traded at 2.90 this Friday April 17th, decreasing 0.07 or 2.36 percent since the previous trading session. Looking back, over the last four weeks, Xinyi Solar lost 13.95 percent. Over the last 12 months, its price rose by 13.28 percent. Looking ahead, we forecast Xinyi Solar to be priced at 2.95 by the end of this quarter and at 2.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
Xinyi Solar Holdings Ltd is a company principally engaged in the production and sale of solar glass products and the development and operation of solar farms. The Company operates its businesses through three segments. Sales of Solar Glass segment is mainly engaged in the sales of solar glass. Solar Farm Business segment is mainly involved in solar farm development and solar power generation. Other segment is mainly involved in engineering, procurement and construction (EPC) services and sales of mining products. The Company’s products comprise ultra-clear patterned solar glass (raw and tempered), anti-reflective coating glass and back glass. The Company mainly conducts its businesses in the domestic market and overseas markets.