Benefiting from the continuous expansion of the downstream photovoltaic industry, 300820.SZ 's third-quarter performance maintained rapid growth, with the deduction of non-net profit belonging to shareholders of listed companies up 161.07% year-on-year, and the growth rate of operating income and homecoming net profit reached a record high in recent years. Related to this company told the Financial Associated Press, "the substantial growth in performance is mainly due to the rapid growth of orders in the photovoltaic industry, as well as orders in the semiconductor and electronic materials industries." At present, there are plenty of orders, and new orders have maintained good growth. "
However, the reporter noted that since the first half of this year, the company's net operating cash flow has continued to decline, showing a negative growth. Company sources explained to the Financial Associated Press, "it is mainly related to the substantial increase in the company's orders, which is closely related to the substantial increase in the purchase of raw materials in order to deliver the goods in time."
As of September this year, the company's net operating cash flow was-47.71 million yuan, down 205.54% from the same period last year. However, the company has previously issued a major contract announcement, as of August this year, the company and Jingsheng mechanical and electrical contract signed a total of 222 million yuan, more than 50% of the company's main business income in the past year.
In addition, the reporter learned earlier that the company is actively developing a power supply suitable for HJT batteries and opening up the overseas market of new energy vehicle charging pile business. Company sources told the Financial Associated Press, "HJT battery power supply is still in the user trial stage, there are orders, but has not yet formed large-scale sales." In addition to the original customers, new customers have taken the initiative to contact the company for related business negotiations. The overseas business of the charging pile develops smoothly, and the order shows an upward trend, but it will take some time for the charging pile to make an effective contribution to the profits of the parent company. "
According to the third quarterly report of Yingjie Electric, the company achieved operating income of 202 million yuan in the third quarter, an increase of 110.81% over the same period last year, and its net profit reached 48.8044 million yuan, an increase of 105.59% over the same period last year. In the first three quarters, the operating income reached 472 million yuan, and the net profit returned to the mother reached 121 million yuan, an increase of 66.03% and 80.48% respectively over the same period last year.
In addition, it is worth mentioning that the company's previous IPO investment expansion project has now completed the capital construction, and is expected to be officially put into production by the end of February 2022, gradually releasing its production capacity.
With regard to the development of the company in the fourth quarter, a relevant person of the company told reporters that "most of the company's products are non-standard customized products, which are basically scheduled according to the agreed delivery cycle of the order. at present, the order situation of the company is still in sufficient condition."
From the perspective of the industry, the policy-driven photovoltaic industry market continues to release positive signals. On October 26th, the State Council once again stressed that the total installed capacity of wind and solar power will reach more than 1.2 billion kilowatts in 2030, and promote the diversified layout of photovoltaic power generation. At present, most of Yingjie's products are used in the production of polysilicon and monocrystalline silicon in the photovoltaic industry chain, and the demand may further increase.
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