Reporter | Ma Yueran
According to the semi-annual reports disclosed by the world's top six photovoltaic component manufacturers, some changes have occurred.
Judging from last year’s module shipments, the top six module manufacturers in the world are Longi Green Energy (601012.SH), Trina Solar (688599.SH), and JA Solar Technology (00245 9.SZ), JinkoSolar (688223.SH), Canadian Solar (CSIQ.US) and Risen Energy (300118.SZ).
In the first half of this year, the top four rankings have undergone major changes. JinkoSolar's module shipments in the first half of the year were 18.21 GW, accounting for more than 80% of last year's total, temporarily ranking first in the world, jumping three places from last year's ranking.
Trina Solar ranked second with a slight advantage of 0.03 GW, and its ranking remained unchanged. Its half-year shipments accounted for more than 70% of last year's total.
Longi Green Energy shipped 18.02 GW in the first half of the year, falling from first place to third place last year. Shipments in the first half of the year were less than half of last year's full year. The company's shipment target for this year is 50-60GW, ranking first among the six major component manufacturers. The completion rate in the first half of the year was less than 40%.
In addition, JA Solar Technology shipped 15.67 GW, ranking down one place to fourth; ranking fifth and sixth are Canadian Solar and Risen Energy respectively. The module shipments are far behind the top four module manufacturers. .
Judging from the comprehensive gross profit margin disclosed by each company in the first half of the year, LONGi Green Energy ranked first with 17.61%; JA Solar Technology and Trina Solar both exceeded 13%, with a difference of 0.36% between the two; JinkoSolar's comprehensive gross profit margin was relatively It is lower at 10.25%.
Risheng Oriental’s comprehensive gross profit margin is 12.38%, but its battery and component gross profit margin is relatively low, only 6.82%. The company's polysilicon has achieved mass production in the first half of the year, bringing 977 million yuan in revenue to Dongfang Risheng. The gross profit margin of this part is as high as 59.84%.
Canadian Solar's gross profit margin in the first quarter was 14.5%, and its gross profit margin increased to 16% in the second quarter.
In terms of overall revenue and net profit scale, with the strength and integrated layout of the side of silicon wafers, LONGi Green Energy's revenue in the first half of the year exceeded 50.4 billion, ranking first; its net profit was 6.48 billion yuan, surpassing the other five component manufacturers. The total net profit is higher, but the year-on-year growth rate is not as fast as that of the other five companies.
The revenue of Trina Solar and JinkoSolar are both in the 30 billion level. The revenue gap between the two is about 2 billion yuan, and the net profit difference is 300 million yuan.
JA Solar Technology ranked fourth with a revenue of 28.469 billion yuan, with a net profit of 1.702 billion yuan, a year-on-year growth rate of nearly 1.4 times; Canadian Solar and Risen Energy turned losses into profits, with net profits of around 500 million each.
As of the close of trading on August 30, LONGi Green Energy still ranks first among the six major component manufacturers with a market value of 400.3 billion yuan. JinkoSolar, JA Solar Technology, and Trina Solar are also in the photovoltaic 100 billion market value club. . There is a big gap between Risen Orient and them, with a market value of only 28 billion. Canadian Solar is a company listed on the U.S. stock market and is in the process of returning to A.
