China’s Yingli swallowed a net loss equivalent to $55m in the first quarter of 2014, down sharply from the net loss of $128.2m it recorded last quarter.

Its positive EBITDA of $35.7m compares to a negative EBITDA of $34.4m last quarter.

Nevertheless, Yingli’s performance compares poorly with many of its closest Chinese rivals – most of which returned to net profitability several quarters ago.

Trina,