LONGi Green Energy Technology Co Ltd Class A
601012: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.G | LOCK|JHM | LOCK|VNlbMw |
LONGi Green Energy: Preliminary Loss Guidance Better Than Expected
LONGi Green Energy's preliminary loss guidance of CNY 8.2 billion-CNY 8.8 billion is better than our forecast loss of CNY 9.2 billion for 2024. This range translates to a loss of CNY 1.7 billion-CNY 2.3 billion for the fourth quarter, which marks a sequential deterioration from the third quarter's loss of CNY 1.3 billion, as expected due to lower product prices.
