LONGi stock gains 1.02 percent as H1 losses deepen

LONGi stock (CNE100001FR6) was trading at CNY 10.92 on the Shanghai Stock Exchange on September 29, 2026, up 1.02 percent from the prior close of CNY 10.81. The move comes after the solar manufacturer reported a deeper first-half loss and analysts reduced their expectations.

First-half loss widens sharply

For the six months ended June 30, 2026, LONGi reported revenue of CNY 27.045 billion, down 17.58 percent from CNY 32.813 billion in the prior-year period, according to MarketScreener on August 30, 2026. Net loss widened to CNY 3.6841 billion from CNY 2.56936 billion, while diluted loss per share increased to CNY 0.49 from CNY 0.34.

LONGi said on August 31, 2026, that BC module sales rose 125 percent year over year to 19.55 GW, with the technology accounting for more than 65 percent of module shipments. Overseas module shipments increased more than 26 percent, and signed energy-storage orders exceeded 3 GWh.

Consensus target moves lower

Analyst expectations also deteriorated after the results. Moomoo reported on September 2, 2026, that the consensus 2026 revenue forecast fell to CNY 63.6 billion from CNY 74.6 billion. The consensus price target fell 5.8 percent to CNY 16.20, while the projected loss per share increased to CNY 0.72 from CNY 0.26.

The target implies a gap of 32.59 percent above the September 29 trading price. Morningstar identified industry overcapacity as a continuing pressure point in a September 1, 2026 analyst note, while LONGi linked its first-half losses to supply-demand imbalances, low capacity utilization and high silver prices in the first quarter.

Stock remains near yearly low

LONGi stock was trading at CNY 10.92 on September 29, 2026, at 2:36 p.m. CST, with an intraday range of CNY 10.80 to CNY 10.94. Its 52-week range was CNY 10.75 to CNY 23.57, and market capitalization stood at CNY 82.5 billion.

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