The brilliance of the heterojunction "shovel seller" is hard to maintain: Suzhou Maxwell Technologies has high inventory and accounts receivable, with impairment provisions exceeding 0.5 billion yuan | Interpretations

① Suzhou Maxwell Technologies has made an asset impairment provision of 0.524 billion yuan for 2024, mainly including bad debt provision for accounts receivable of 0.388 billion yuan and inventory write-down loss of 0.136 billion yuan; ② The company has high inventory and accounts receivable. In the first quarter of this year, the company continued to make an asset impairment provision of 0.18 billion yuan.

cls.cnApr 28 11:32 ET

Sungrow Power Supply has recently reported single-digit revenue growth for the first time, with a sharp decrease in revenue growth in the overseas market | Interpretations

① In 2022 and 2023, the company's revenue growth rates reached 66.79% and 79.47% respectively, while the growth rate for the year 2024 is only 7.76%; ② In 2024, the growth rate of the overseas market plummeted, with a year-on-year increase of only 8.76%. In 2023, the revenue growth rate for this segment reached 75.05%.

cls.cnApr 25 11:33 ET

Hainan Drinda New Energy Technology's "three battles" for a Hong Kong IPO, the solar cells factory aims to accelerate its overseas expansion.| Quick read of the announcement.

① After the prospectus for Hainan Drinda New Energy Technology submitted to the Hong Kong Stock Exchange became invalid for the second time, the company quickly initiated a third submission; ② The company's performance has experienced net income losses for the fourth consecutive quarter, targeting high-value overseas markets.

cls.cnApr 23 08:55 ET

The "solar sell shovelers" Laplace expects a slight decrease in gross margin in 2024, while Overseas income skyrockets.

① In the fourth quarter, achieved a Net income of 0.153 billion yuan, a year-on-year decrease of 43.76%, and a quarter-on-quarter decline of 31.76%; ② Revenue growth is mainly attributed to the technological advantages of new high-efficiency Solar Cells equipment and the progress of client equipment delivery acceptance; ③ Laplace faces risks such as high customer concentration and emerging cash flow pressure.

cls.cnApr 16 21:03 ET

The energy storage industry held a discussion meeting on anti-involution, which is expected to drive the Industry Chain back to a high growth trend.

According to a report by Sina Finance, following the self-discipline initiative in the photovoltaic Industry, the Power Inverter and energy storage Industry may follow suit. Recently, the China Photovoltaic Industry Association organized a seminar to prevent "involution-style" vicious competition in the Power Inverter and energy storage sectors, where an initial review of the initiative for healthy development in the Power Inverter and energy storage Industry was conducted.

cls.cnApr 15 20:04 ET

The Chairman of LONGi Green Energy Technology once again increased shareholding today to support the market, and several Electrical Utilities and Energy companies also took action to convey bullish signals.

① Currently, Zhong Baoshen's total amount of Shareholding in two rounds has reached 0.188 billion yuan; ② In addition, today several Energy companies announced the release of Bullish Signals through share buybacks or increasing their shareholdings.

cls.cnApr 8 05:18 ET