Yingli Green Energy Holding Co. Ltd (YGE – Snapshot Report) is a leading vertically integrated manufacturer of photovoltaic products in China.

The company recently received a notice from NYSE about its non-compliance with the stock exchange’s price criteria for continued listing standard.
 
Substantial indebtedness along with the company’s inability to report in the green for the past few quarters signals more trouble ahead for the company. Moreover, the pressure on margins is definitely a concern.

Earnings Estimates

Yingli Green delivered negative earnings surprises in three of the last four quarters with an average negative surprise of 89.00%.

Investors should also take into account the recent earnings estimate revisions for Yingli Green. The Zacks Consensus Estimate has remained stable over the last 7 days.

Zacks Rank

Currently, Yingli Green has a Zacks Rank #3 (Hold), but that could definitely change following Yingli Green’s second quarter earnings report which was just released.

We have mentioned below some of the vital information from this just-revealed announcement:

Earnings Miss

Our consensus called for second quarter loss per share of 21 cents, and the company reported loss of 53 cents per share.

Revenues Miss

Yingli Green posted revenues of $438.1 million in second quarter, compared to our consensus estimate of $501 million.

Key Stats to Note

The company’s shipments of PV modules in the second quarter decreased by 18.0% to 727.9 megawatt (“MW”) year over year.