JinkoSolar Profits Soar, But Company Still Lacks Investor Respect

The solar panel maker, one of the world’s largest, said the profit for its main China-listed unit rose as much as 159% in 2022 Key Takeaways: By Doug Young Despite its status as one of the world’s 10 largest solar panel makers, JinkoSolar Holding Co. Ltd. (JKS.US) seems to hold the title of “least-respected” in its class. At least some of that dubious distinction could owe to the company’s inability to be more precise in some newly released preliminary fourth-quarter financial results. The numbers look quite healthy overall, but are…

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Premium or Mid-Range? Struggling Xpeng Stuck in Identity Crisis

The electric vehicle maker’s November sales plunged 63% as its latest model, the G9, has posted weak sales since its September launch Key Takeaways •      Xpeng’s sales rose just 19% in the third quarter to 6.82 billion yuan, but its loss ballooned by a much larger 49% to 2.38 billion yuan •      The company’s vehicles suffer from poor positioning between the premium market and more mainstream models, analysts say By Jose Qian The year may be nearly over, but you would never know by looking at electric car maker Xpeng…

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