Gelonghui, November 15 | csc research reports indicate that longi green energy technology (601012.SH) faced pressure in Q3 performance but achieved a reduction in losses compared to the previous quarter, primarily due to a significant decline in the provision for inventory impairment in Q3. In Q3, the company’s battery modules and silicon wafers shipped 38.37GW and 21.39GW respectively, both showing growth compared to the previous quarter. The company’s 5GW module factory in the usa is still in the ramp-up phase, and it is expected that shipments in the usa market will recover subsequently, potentially bringing incremental performance to the company. The bottom of the photovoltaic industry cycle has already appeared, and by the end of 2024, the company’s HPBC 2.0 capacity is expected to begin production, gradually increasing next year, which is anticipated to further enhance the company's competitiveness and bring certain excess profits, maintaining a "shareholding" rating.
研报掘金丨中信建投：隆基绿能Q3业绩环比减亏，维持“增持”评级
Research reports from China Securities Co.,Ltd.: longi green energy technology's Q3 performance reduced losses on a quarter-on-quarter basis, maintaining a "shareholding" rating.
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