JinkoSolar outplayed other Chinese solar companies on the rat race
9 of 11 Chinese solar companies listed in the US stock market lost money in 2011, but this has not slowed down the rat race in the industry.
The information available to the public indicates that Suntech (STP) had $1 billion net loss in 2011; LDK Solar(LDK), Yingli Green Energy(YGE), Canadian Solar (CSIQ), JA Solar (JASO) and Trina Solar (TSL) were all in red with net loss of $655.5 million, $509.8 million, $90.9 million, $68.3 million $37.8 million respectively in the same period. The best performer among the 11 companies, JinkoSolar had 2011 net profit of $ 43.4 million , and non-GAAP net earnings of $ 700,000 during the global depression of the PV industry. http://great2powers.com/