LDK Solar Co., Ltd. (NYSE: LDK [ADR])
Overview
LDK knows the sun is always shining somewhere. The company, via subsidiary Jiangxi LDK Solar, turns polysilicon into multicrystalline wafers, which are used in the construction of solar cells and solar modules. It also provides wafer processing services to solar cell makers and sells polysilicon scrap. LDK uses virgin polysilicon and recycled material in its production process; its capacity is about 420 megawatts (MW) annually. Major customers include Canadian Solar, Chinalight Solar, Q-Cells, Solarfun Power (about 12% of sales), and Solland Solar Energy. The company gets more than two-thirds of its sales from the Asia/Pacific region, primarily China and Taiwan.
Sample OverviewKey Numbers from Hoover's UK
Key financials for LDK Solar Co., Ltd. (NYSE: LDK [ADR])
| Company Type | Public (NYSE: LDK [ADR]) |
|---|---|
| Fiscal Year-End | December |
| 2007 Sales (mil.) | £262.3 |
| 1-Year Sales Growth | 396.9% |
| 2007 Net Income (mil.) | £72.1 |
| 1-Year Net Income Growth | 377.3% |
Key People from Hoover's UK
Key people and executives for LDK Solar Co., Ltd. (NYSE: LDK [ADR])
| Chairman and CEO | Xiaofeng Peng (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| EVP, CFO, and Secretary | Jack K. Lai Connect to this executive |
| CTO | Yuepeng Wan Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of LDK Solar Co., Ltd. (NYSE: LDK [ADR])
There are 14 competitors for LDK Solar; see more.Significant Developments
View company events at LDK Solar Co., Ltd. (NYSE: LDK [ADR]) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| IPO Trading | Subscribers get full details -- view a sample |
| IPO Filing |
