The decline of the photovoltaic sector is difficult to stop. This week (April 11-15), the photovoltaic equipment sector fell sharply by 8.07%, which has been the decline of the sector for five consecutive weeks, and the decline is expanding. Only Tbea Co.Ltd(600089) one of the 10 photovoltaic enterprises monitored by the reporter of Huaxia Times rose slightly, while the other nine fell to varying degrees. The share price of Sungrow Power Supply Co.Ltd(300274) Zhejiang Chint Electrics Co.Ltd(601877) has fallen by 8.62%. The company’s share price has also fallen for seven consecutive weeks, and there is no bad news on the news The share prices of Hangzhou First Applied Material Co.Ltd(603806) and Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) fell by 7.08% and 6.93%.
photovoltaic enterprise performance “burst table”
The first company to issue an annual report within the week is Tbea Co.Ltd(600089) . On April 11, its performance showed that in 2021, the company achieved an operating revenue of 61.278 billion yuan, a year-on-year increase of 37.40%, and the net profit attributable to shareholders of listed companies was 7.255 billion yuan; A year-on-year increase of 196.34.
The company has rich business lines, including power transmission and transformation business, new energy business and energy business, involving coal, transformer, wire and cable, polysilicon, inverter, photovoltaic wind power station and other businesses. In 2021, the company benefited a lot from the high price of silicon.
In the following four days of the performance report, Tbea Co.Ltd(600089) share price kept rising. However, due to the 3.88% decline in the share price on April 11, the weekly share price barely kept rising, with an increase of 0.46%, which also became the only rising company among the above 10 photovoltaic enterprises.
The results of Tianjin Zhonghuan Semiconductor Co.Ltd(002129) in the first quarter are expected to be good. The announcement shows that Tianjin Zhonghuan Semiconductor Co.Ltd(002129) in the first quarter of 2022, it is expected to achieve an operating revenue of 12.8-13.8 billion yuan, with a year-on-year increase of 71.52% – 84.92%, and a net profit attributable to shareholders of listed companies of 1.26-1.36 billion yuan, with a year-on-year increase of 132.71% – 151.18%.
In addition, Sinochem shares have also been continuously increased by major shareholders. According to its announcement, the company received the notification letter issued by TCL Technology (Tianjin), the largest shareholder of the company, on April 13, 2022. Based on its optimistic long-term development prospects of new energy and semiconductor industry and full of confidence in the company’s sustainable growth in the future, TCL Technology (Tianjin) increased its holdings of 350267 million shares through centralized bidding trading through Shenzhen securities trading system from January 11 to April 12, with an increase ratio of 1.08% of the company’s total share capital.
However, the above two news were released on the evening of the 13th and 14th respectively. The performance anticipation slightly boosted the share price. The share price rose by 1.53% on the 14th. However, after the announcement of the increase in shareholding by major shareholders, the share price did not rise but fell, and the share price fell by 6.35% on the 15th. The share price of Tianjin Zhonghuan Semiconductor Co.Ltd(002129) fell 3.58% for the whole week.
The annual performance report and the first quarter performance report were also released. Last year, Ja Solar Technology Co.Ltd(002459) had a good performance Ja Solar Technology Co.Ltd(002459) 2021 achieved a total operating revenue of 41.302 billion yuan, an increase of 59.80% over the same period last year; The net profit attributable to shareholders of listed companies was 2.039 billion yuan, an increase of 35.31% over the same period last year. Its net profit in the first quarter of 2022 was 700780 million yuan, a year-on-year increase of 346.32% – 397.33%.
Ja Solar Technology Co.Ltd(002459) was very satisfied with its own performance. He said that in 2021, the photovoltaic industry developed rapidly and the demand for photovoltaic products was strong. The company further strengthened market development and achieved a significant increase in the shipment of battery modules. The above two results were released on the evening of the 15th and have not yet affected its share price. Its weekly share price fell 4.49%.
silicon chip and battery chip prices went up
On April 13, Longji’s official website announced the latest silicon wafer price, single crystal silicon wafer p-type M10 165 μ M thickness (182 / 247mm) 6.82 yuan / piece, up 1.8%; Other sizes did not rise in price. This is another price increase after 19 days. On April 14, Tongwei Cecep Solar Energy Co.Ltd(000591) raised the price of battery chip again after a month, with a general increase of 2 cents / watt, the current price of M6 rose to 1.13 yuan / watt, and the current price of M10 and G12 was the same as 1.17 yuan / watt, with an increase of 1.8%, 1.7% and 0.8% respectively.
With regard to the recent soaring price of the photovoltaic industry chain, Longi Green Energy Technology Co.Ltd(601012) China regional department president Liu Yuxi told the Huaxia times that there is likely to be a shortage of glass and silicon in the photovoltaic industry chain this year. This may not be because there is a problem in a certain link of the industry chain, but because there is a great demand in the downstream. Enterprises need to strengthen the control or prediction ability of relevant links, and ensure the purchase and reserve of raw materials, so that the company will not “fall off the chain” in product supply.
In addition, listed companies in the photovoltaic field are about to recruit new ones. On April 12, the IPO registration of suneng science and technology innovation board was approved by the CSRC. The company will publish the prospectus, start the issuance, and land on the science and Innovation Board of Shanghai stock exchange for listing, which is also the first photovoltaic inverter enterprise to test the science and innovation board in 2022. It is understood that the products of Yuneng technology include micro inverter, intelligent control shutdown device, power optimizer, EMA intelligent monitoring and operation and maintenance platform and photovoltaic system solutions.
In order to reduce the capital cost of the company, Jiangsu Linyang Energy Co.Ltd(601222) recently sold a number of power station assets. On April 13, Jiangsu Linyang Energy Co.Ltd(601222) announced that Anhui Linyang, a wholly-owned subsidiary of the company, signed an equity transfer agreement with Wuhan lvxi. Anhui Linyang plans to transfer 100% of the equity of its five subsidiaries, namely Suzhou Jinyang, Suzhou Jinyao, Xiaoxian Huayao, Xiaoxian Huafeng and Xiaoxian Yusheng, to Wuhan lvxi for a consideration of 365 million yuan, involving a total installed capacity of 154mw.
Jiangsu Linyang Energy Co.Ltd(601222) said that the transaction price was lower than the evaluation value, which was mainly due to the objective factors such as the long time for the receipt of photovoltaic power generation subsidies and the transaction price was determined by both parties through commercial negotiation based on the evaluation value. This transaction is expected to increase the net profit before tax by about 40.85 million yuan. This equity transfer transaction is conducive to revitalizing stock assets, reducing asset liability ratio and continuously optimizing assets Jiangsu Linyang Energy Co.Ltd(601222) selling power stations is largely due to further optimizing the asset structure of power stations and reducing renewable energy subsidies in accounts receivable.
