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Research reports | Zheshang Securities: Daquan Energy's profitability is under temporary pressure, and the silicon material sector is expected to see an improvement in the supply-demand situation.
格隆汇 November 11th | zheshang Research Report pointed out that the imbalance of supply and demand led to Dawen Energy (688303.SH) under performance, with profitability under pressure. Due to the mismatch of supply and demand from January to September, the price of polysilicon continued to decline, resulting in a decrease in the company's revenue and profit levels. The company is the leader in domestic silicon materials, with significant cost advantages, outstanding technology advantages in semiconductors and N-type silicon materials. Recent favorable expectations such as the PV supply-side conference and association calls have been frequent, and the silicon material sector is expected to see an improvement in the supply and demand situation. As a leading company in the silicon material sector, the company has outstanding technological and cost advantages, stable and healthy financial condition, maintaining the company's 202
Great Energy (688303): Flexibly adjust production mechanisms, steadily produce and move forward steadily.
Investment highlights: Supply and demand imbalance led to performance pressure, profitability temporarily under pressure in 2024 Q1-Q3, the company achieved revenue of 6.005 billion yuan, a year-on-year decrease of 53.37%, achieving a net income attributable to equity holders of -1.099 billion yuan.
Daquan Energy (688303) 2024 Q3 report review: Performance meets expectations, cash reserves are good, expected to help the company navigate through the cycle.
On October 30, 2024, the company released the third-quarter report for 2024. According to the announcement, the company achieved revenue of 6.005 billion yuan in Q1-Q3 2024, a year-on-year decrease of 53.37%; net income attributable to equity holders -10.
Daquan Energy (688303): Q3 quarterly loss reduction, proportion of N-type silicon materials increased.
The company released its third-quarter financial results: Q3 revenue of 1.421 billion yuan, -60.01% year-on-year, -11.31% quarter-on-quarter, net income attributable to shareholders of -0.429 billion yuan, a year-on-year decline, reduced losses quarter-on-quarter. Q3 net income attributable to shareholders reduced losses quarter-on-quarter.
Express News | Daquan Energy: Deputy General Manager Cao Wei resigns.
Daquan Energy: Daquan Energy Third Quarter Report 2024
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