In 2021, Tongwei Co.Ltd(600438) (600438. SH), Shanghai Aiko Solar Energy Co.Ltd(600732) (600732. SH) still maintained the top two shipments of photovoltaic cells.
On January 19, PV InfoLink announced the latest ranking of cell shipments in 2021. The top five are Tongwei Co.Ltd(600438) , Shanghai Aiko Solar Energy Co.Ltd(600732) , Runyang Co., Ltd., Zhongyu photovoltaic and Lu'an Cecep Solar Energy Co.Ltd(000591) .
Compared with the list of battery manufacturers counted by the agency in 2020, the top three remained unchanged, Zhongyu photovoltaic rose one place to fourth, and Lu'an Cecep Solar Energy Co.Ltd(000591) fell to fifth.
PV InfoLink said that this ranking includes the total amount of single crystal and polycrystalline cells, and does not include the shipments of vertical integration plants to their own component capacity.
According to the organization's database, the annual growth rate of shipment of the top five professional battery plants reached 81% in 2020 and reduced to 36% in 2021, which proves that the sales of professional battery chips continue to be squeezed under the active expansion of vertical integration plants.
In addition, from the perspective of battery size, the proportion of annual shipments of large size M10 (182mm) and G12 (210mm) has reached more than 53%.
Tongwei Co.Ltd(600438) is a double leader in the field of polycrystalline silicon materials and cells. In 2013, the company crossed the border into the field of cells, purchased Hefei Saiwei, the largest Cecep Solar Energy Co.Ltd(000591) cell factory in the world at that time, for 870 million yuan, and then established Tongwei Cecep Solar Energy Co.Ltd(000591) to enter the photovoltaic cell link.
The shipment volume of Tongwei Co.Ltd(600438) battery has ranked first in the world for five consecutive years since 2017.
In 2021, Tongwei Co.Ltd(600438) benefited from the high-purity silicon products in short supply, and the profit level increased greatly. It is expected that the net profit attributable to the shareholders of the listed company will be 8-8.5 billion yuan in 2021, with a year-on-year increase of 122% - 136%.
On January 6, Tongwei Co.Ltd(600438) said in response to investors' questions on the "SSE e interactive" platform that according to the statistics of existing and under construction capacity, its battery chip capacity has exceeded 40 GW, and the total battery capacity is expected to exceed 55 GW by the end of 2022.
Zheshang Securities Co.Ltd(601878) also predicts that the total battery capacity will exceed 55 GW by the end of Tongwei Co.Ltd(600438) 2022, of which the capacity of 210 large-size batteries will exceed 35 GW.
Shanghai Aiko Solar Energy Co.Ltd(600732) is mainly engaged in the R & D, production and sales of high-efficiency Cecep Solar Energy Co.Ltd(000591) batteries. In the first half of 2021, Shanghai Aiko Solar Energy Co.Ltd(600732) battery cell sales volume was 8.54 GW, with a year-on-year increase of 62.98%; The operating revenue reached 6.868 billion yuan, a year-on-year increase of 85.88%, and the product shipment and operating revenue reached a new high.
However, Shanghai Aiko Solar Energy Co.Ltd(600732) said that in the first half of the year, affected by the insufficient supply of silicon wafers from major suppliers, the company's capacity utilization decreased, resulting in lower production and sales than expected and a significant increase in production costs. In addition, since the second quarter, the prices of upstream silicon materials and silicon chips have continued to rise rapidly, and the cost pressure of battery chips has been transmitted slowly to downstream customers, resulting in greater pressure on the company's production costs and greater fluctuations in operating performance.
In the first three quarters of last year, Shanghai Aiko Solar Energy Co.Ltd(600732) achieved a revenue of 11.198 billion yuan, a year-on-year increase of 78.99%; The net loss attributable to the parent company was 45.8252 million yuan, a year-on-year decrease of 112.25%; Deduct non net loss of 163 million yuan, a year-on-year decrease of 163.3%.
In order to cope with the tight supply of silicon materials and the rising price of silicon wafers, large orders of silicon wafers were successively signed last year.
Shanghai Aiko Solar Energy Co.Ltd(600732) said on the investor interaction platform that the company's silicon wafer suppliers increased from 28 in the first quarter to 48 in the second quarter. Its latest purchase appeared at the end of last year, announcing the purchase of silicon wafers worth 11 billion yuan from Guangdong Gaojing.
According to Shanghai Aiko Solar Energy Co.Ltd(600732) current capacity planning, the battery capacity will reach 36 GW by the end of 2021 and 45 GW by the end of 2022.
Last July, according to our media "energy No. 1", Runyang Co., Ltd., the world's third-largest battery chip enterprise, is planning to list A-Shares and chose Haitong Securities Company Limited(600837) as its listing guidance.
Runyang Co., Ltd. was established in Kunshan City, Jiangsu Province in 2013, specializing in the R & D, manufacturing and application of Cecep Solar Energy Co.Ltd(000591) single crystal perc battery.
By the end of 2020, the high-efficiency battery capacity of Runyang Co., Ltd. has reached 20 GW, and it is planned to reach 35 GW by the end of 2021.
Lu'an Cecep Solar Energy Co.Ltd(000591) has ranked among the top five battery chips since 2020. Founded in May 2009, the company is the state-owned enterprise with the largest capacity of batteries and components in China, and is subordinate to Shanxi Lu'an Chemical Group Co., Ltd.
According to the previous report of Huaxia energy network, by the end of 2019, Lu'an Cecep Solar Energy Co.Ltd(000591) has an integrated photovoltaic production capacity of 7.5 GW. Among them, the production capacity of high-efficiency battery is 5 GW, the production capacity of crystal drawing is 1 GW, and the production capacity of high-efficiency module is 1.5 GW. It is the photovoltaic manufacturing enterprise with the largest comprehensive production capacity in North China.
