Polysilicon prices have dropped significantly. In the first half of the year, Dalian Energy recorded a net loss of 0.67 billion yuan. The annual production volume has been adjusted to 0.21-0.22 million tons.
① In the second quarter of this year, the revenue and net income of Daquan Energy both hit a new low in nearly two years, with significant year-on-year and quarter-on-quarter declines. ② In the first half of this year, Daquan Energy continued to expand production despite a significant drop in polysilicon prices, but the increase in sales volume was lower than the increase in output. ③ The company expects a polysilicon production volume of 0.043-0.046 million tons in the third quarter, and adjusts the annual expected production volume to 0.21-0.22 million tons.
Jiangsu Hengli Hydraulic: Second quarter revenue and net income both rebounded, and the construction of the Mexican factory is nearing completion.| Interpretations
①The company achieved a year-on-year increase in revenue and net income of 8.56% and 0.71% respectively in the first half of the year. ②Jiangsu Hengli Hydraulic revealed that the construction of the factory in Mexico is nearing completion, laying the foundation for expanding into the Americas market.
times electric's net profit in the first half of the year increased by 30.56% year on year. Some of the investment projects are delayed.
Times Electric stated that in the first half of 2024, the increase in revenue was due to the growth of railroad investments and the recovery of passenger traffic, resulting in a year-on-year increase in the acceptance and delivery volume of rail transit products.
TCL Zhonghuan Renewable Energy Technology, the leading company in silicon wafer production, reported a loss of over 3 billion yuan in the first half of the year. The departure of key personnel and a reduction in silicon wafer production rate were the main
①The leading silicon wafer manufacturer had a net loss of 3.064 billion yuan in the first half of the year, with a loss of 2.184 billion yuan in Q2. ②The company's inventory impairment loss affected the total profit by -1.109 billion yuan, further dragging down the business performance of the battery module business. ③This month, Shen Haoping, who has served as CEO for many years, stepped down from his position, and the silicon wafer capacity utilization rate of the company was subsequently reduced, and the load of the central ring began to decrease.
Energy storage shipments "overtaking" power, eve energy co.,ltd. H1 performance decline, energy storage batteries gradually becoming the focus of the business | Financial report interpretation
Eve Energy Co., Ltd. achieved a revenue of 21.659 billion yuan in H1, a year-on-year decrease of 5.73%; its net income attributable to shareholders was 2.137 billion yuan, a year-on-year decrease of 0.64%. In Q2, the company's shipment of energy storage batteries exceeded that of power batteries, resulting in a year-on-year increase of 9.93% in revenue from energy storage batteries in the first half of the year, while revenue from power batteries decreased year-on-year.
The tungsten sector supports performance, xiamen tungsten H1 revenue decreases and profit increases, tungsten enterprises welcome a wave of price increases|interpretations
Due to the high tungsten price, Xiamen Tungsten achieved increased profits despite a decrease in revenue in the first half of the year. After the rebound of tungsten prices, tungsten companies have followed suit and experienced a wave of price increases.