To invest in stocks, look at the research reports of Golden Kylin analysts, authoritative, professional, timely and comprehensive, helping you tap potential themed opportunities!
Original title: Photovoltaic expansion continues On-machine CNCNet profit is expected to rise by more than 200% last year
Source: Interface News
Since 2022,On-machine CNC(603185.SH) The stock price has fallen by 12.56%, and the current market value exceeds 40 billion yuan. Throughout 2021,On-machine CNCThe stock price has risen by 21.01%.
January 13On-machine CNCRelease 2021performanceAnnouncement, saying that the company is expected to return to its parent in 2021net profitIt is 1.63 billion yuan to 1.8 billion yuan, a year-on-year increase of 207% to 239%. It is expected that the net profit after deducting non-deductibles will reach 1.43 billion yuan to 1.6 billion yuan, a year-on-year increase of 179% to 212%.
Regarding the growth of performance, the company explained that in 2021, with the continuous advancement and implementation of the “dual carbon” policy, my country’s photovoltaic industry will maintain steady development as a whole, the scale of the photovoltaic industry will grow steadily, and the market demand will be relatively strong. The company’s business model is “high-end equipment + core materials”. In 2021, the company will expand the scale of monocrystalline silicon business as planned, and the production capacity will continue to increase, maintaining a good capacity utilization rate and production and sales rate. The sales scale of the company’s monocrystalline silicon business continued to expand, resulting in an increase in the company’s sales revenue and a steady increase in the company’s performance.
The actual controllers of the machine numerical control are Li Xiaodong, Yang Jianliang, Dong Xixing, Yang Hao and Hang Hong.The company was founded in 2002 and entered in 2004solar energyPhotovoltaic industry, for photovoltaicsProfessional settingOne of the manufacturers and launched in December 2018. Since then, the company has further increased the layout of the photovoltaic industry chain.
In May 2019, Shanghai CNC and Baotou Municipal People’s Government and Baotou Qingshan District People’s Government signed the “Baotou Annual Production 5GW Monocrystalline Silicon Pulling Production Project Investment Agreement”. The total investment of the project is about 3 billion yuan. In 2019, the company announced to expand its photovoltaic monocrystalline silicon production business, and established a subsidiary in Baotou, Inner Mongolia, Hongyuan New Materials (Baotou) Co., Ltd., which invested in Baotou in July 2020 to build an annual output of 8GW monocrystalline silicon pulling Production project, the total planned investment of the project is about 2.8 billion yuan. As of the end of June 2021, the aforementioned “5GW monocrystalline silicon production project” and “8GW monocrystalline silicon production project” have reached production, and the actual production capacity can reach 20GW. At the same time, the company’s new 10GW monocrystalline silicon pulling project is also under construction.
In April 2021, the company and Jiangsu Zhongneng Silicon Technology Development Co., Ltd. (hereinafter referred to as Jiangsu Zhongneng) jointly established Inner Mongolia Xinyuan Silicon Material Technology Co., Ltd. (hereinafter referred to as Inner Mongolia Xinyuan), with a registered capital of 50 million yuan , the company holds 35% of its shares. Since then, Inner Mongolia Xinyuan has continued to increase its capital, and its registered capital has rapidly increased from ten million yuan to several billion yuan.
In October 2021, CNC and Jiangsu Zhongneng, Gaojiasolar energyCo., Ltd. increased capital in Inner Mongolia Xinyuan, and plans to invest in the construction of 100,000 tons of granular silicon and 150,000 tons of high-purity nano-silicon production capacity. After the completion of this capital increase, the registered capital of Inner Mongolia Xinyuan increased to 3.19 billion yuan, and the company held 32% of the equity. On January 11, 2022, Inner Mongolia Xinyuan will increase its capital again, which will be subscribed by Tibet Ruihua Capital Management Co., Ltd. After the capital increase is completed, the registered capital of Inner Mongolia Xinyuan will increase to 3.77 billion yuan, and Shanghai CNC will hold 27.07% of the equity.
From 2016 to 2019, the company’s revenue fluctuated between 298 million yuan and 806 million yuan, and the net profit attributable to the parent was between 51 million yuan and 205 million yuan. Since 2020, the performance has risen sharply. In 2020, the company’s revenue will reach 3.01 billion yuan, and the net profit attributable to the parent will reach 531 million yuan. In the first three quarters of 2021, the company’s revenue will reach 7.586 billion yuan, and the net profit attributable to the parent will reach 1.405 billion yuan.
Massive information, accurate interpretation, all in Sina Finance APP
Responsible editor: Li Siquan
.