Photovoltaic listed companies encountered a strange dilemma in 2023: on the one hand, the new installed capacity of photovoltaics continues to rise, and most companies have made substantial profits; on the other hand, the more money the listed companies make, the more their stock prices plummet.
According to a research report from Zhongyuan Securities, the valuation of the photovoltaic industry is at a historical low, and the market has a low appetite for risk in the new energy sector. Funds continue to withdraw from this sector, and it is difficult to see any improvement in the short term.

![[Análisis de SMM] Se intensifica la reestructuración de la industria del hidrógeno: pérdidas bajo presión, la implementación es la clave](https://imgqn.smm.cn/usercenter/ezoBg20251217171730.jpg)

