LDK Solar Company, Inc. (http://www.ldksolar.com/ ) (NYSE: LDK) through its subsidiaries, engages in the design, development, manufacture, and marketing of photovoltaic products; and the development of power plant projects. It was founded in 2005, and is headquartered in Xinyu City, The People's Republic of China. It operates as a subsidiary of LDK New Energy Holding Limited.
As of September 24, 2010, it had a 52 week stock price range of $4.97 - 9.43. As of December 31, 2009, it had a net income loss of $237,568,000. It had long term debt of $1,023,216,000 and net tangible assets of $837,924,000.
It is the largest producer of solar wafers in the world. It has a variety of green operational methods in its business, which include recycling materials in the production process, water recycling and reuse, and takeback programs for end of life solar modules. Their new Polysilicon Production Plant is designed to be a closed loop system.
This is a Basic Green Business because of its product line and basic operational model. It is properly valued at this time, because it has a strong market position and a low stock price range. Its net income loss in 2009 should not deter it from strong future growth.
LDK Solar website
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