Falling 1.2 Trillion in 11 Months, Market Value of Photovoltaic Listed Companies "Plunge"

2023, the listed photovoltaic companies fell into a strange circle. On the one hand, the new installed capacity of photovoltaic continued to rise, and most companies in the industry made a lot of money. On the other hand, the more money they made, the more the stock prices of listed companies fell.

Zhongyuan Securities Research Report pointed out that Digital New Energy DataBM." The market value of 32 enterprises involved in the four major industries of polysilicon, silicon wafers, batteries and components has fallen by 661.6 billion yuan , with a drop

of 37.21%. The details are as follows:

According to the statistical results of the main industry chain

, the main photovoltaic industry chain enterprises represented by polysilicon, silicon wafers, batteries and modules . Most of its market value fell below 40%, and 5 fell more than 50% .

Among them, the highest decline in market value was component giant Trina Solar , whose market value fell from 138.316 billion at the beginning of the year to 56.252 billion now. It was followed by Hongyuan Green Energy, Jingang Photovoltaic, Jingao Technology and Longji Green Energy . The decline was 58.28%, 56.91%, 55.45%, and 51.

Since the digital new energy DataBM. Com was sorted out

this year, the price of polysilicon has fallen the most among the four major links. The price of monocrystalline dense materials dropped from 176,200 yuan/ton at the beginning of the year to 60,400 yuan/ton on December 6, a drop of 191. Reflected in the market value of the corresponding companies, it is not optimistic. The market value

of GCL Technology fell from HK $53.6745 billion to HK $28.825 billion, a decline of 46.30%; the market value of Tongwei Shares fell by 67.934 billion in the past 11 months, a decline of 39.11%; Daquan Energy and Xinte Energy fell by 38.957 billion yuan and 1.6 billion yuan respectively. The market value of Hongyuan Green Energy dropped from 43.488 billion yuan to less than 20 billion yuan in

2023. The decline was 58.28% . More than 51.25% of the industry leader Longji Green Energy and 47

% of TCL Central, while Shuangliang Energy Conservation, which is also a "gold rush", failed to escape the fate of falling, falling from 24.22 billion at the beginning of the year to 15.638 billion.

In this sector, Trina Solar led the decline , with its market value falling from 138.316 billion to 56.252 billion in the past 11 months. Decline reached 59.

In the top 10 list, Jinko, Jingao, Trina Solar and other leading companies are among them.

It is worth noting that King Kong Photovoltaic is based on 56.

Digital New Energy DataBM.

Among them, the market value of Yuneng Technologies fell by nearly 73% in the first 11 months of this year, the largest decline among the statistical enterprises. It was followed

by Hemai Stock and Jinlang Technology , with 66.16% and 62% respectively , while Sunshine Power, the industry leader, performed best among the leaders. The decline in market value is less than 30%.