The overall performance of the PV market is down | Forced listed companies to seek new kinetic energy

Among the 14 listed companies in the photovoltaic industry, more than half of the company's net profit in the first three quarters fell year-on-year, and four companies had negative net profit. In the first three quarters, the company's net profit increased year-on-year. Happening.

Specifically, sunflower's operating income in the first three quarters was 541 million yuan, down 43.99% year-on-year. The net profit attributable to shareholders of listed companies was negative 262 million yuan, down 2041.18% year-on-year. Sunflowers attributed the decline to the decline of photovoltaic modules. 4. The decline led to a sharp drop in gross profit margins.

The first three quarters of GCL integration turned losses, with a net loss of RMB 97 million, a net loss of RMB 122 million in the third quarter and a profit of RMB 24 million in the same period of the previous year. GCL integration said in the announcement that bad debt provision is the core of the company's performance. Factors, the PV industry generally has a long period of account, and due to the recent macroeconomic situation and the national PV '531' New Deal, the difficulty of returning customers is also increasing.

According to the data of Tianlong Optoelectronics' third quarterly report, the revenue of the first three quarters was 8.92 million yuan, down 93.03% year-on-year. The net profit attributable to shareholders of listed companies was about 30.1 million yuan. The orders decreased, the revenue decreased, and the gross profit reduction was Tianlong. Optoelectronics believes that the main reason for the continued loss of the previous September results.

In the first three quarters, polysilicon, silicon wafers, cell chips, and components all had different degrees of growth in production. However, the sales prices of related photovoltaic products such as photovoltaic modules declined, resulting in an increase in production but no increase in revenue.

According to the statistics of China Photovoltaic Industry Association, the output of polysilicon from January to September this year was 178,400 tons, up 4.94% year-on-year. The price of 6N-8N decreased from 138,400 yuan per ton in December 2017 to 82,300 yuan per ton. In the wafer segment, wafer production in the first nine months of this year increased by 2.1% year-on-year to 63.3GW, and the price decline from July afterwards. From October, the monocrystalline silicon wafer was 3.15 yuan and the polysilicon was 2.13 yuan. In terms of components, the first nine The monthly output is about 54.9GW, which is 3.58% higher than the same period of last year. The component price is down from the beginning of the year to the present.

The above situation forced PV companies to find the second main business and lay out multiple industrial chains. Some companies have already covered power generation, energy storage, distribution, and electricity. The whole industry chain can secure 'winter', but more common situations. It is a challenge encountered in the exploration process.

GCL integration hoped to use the power battery as a new profit point on the main PV industry, but it turned out to be counterproductive. After a year of exploration, the power battery did not bring substantial contribution to the integration performance of GCL.

In the third quarterly report, GCL Integrated said: 'Considering the current economic environment, the status quo of the industry and the future strategic layout of the company, the company decided to integrate and focus the existing advantageous resources, and adjust the first main business under the premise of consolidating the first main business. The strategic planning of the second main business, actively exploring the feasibility of semiconductor projects. '

Subject to the decline in domestic inverter demand, Sunshine Power seeks export opportunities on the one hand, and begins to deploy lithium battery energy storage services on the other hand.

'In the short-term, enterprises will face greater pressure. PV companies should work hard to improve their internal strengths, from scale to scale, speed, price to quality, technology, and efficiency. From extensive development to refined development, and promote the realization of affordable Internet access as soon as possible. . Wang Bohua, vice chairman and secretary general of the China Photovoltaic Industry Association, said.