It has risen by more than 580% in a single month, and the net profit of the photovoltaic leader in four months has exceeded that of last year.

In April

2023, benefiting from the rapid growth of demand in downstream semiconductor, photovoltaic and other industries, the company's operating performance achieved rapid growth, and the profitability of its main products was significantly better than that of the same period. The efficient operation of each business sector has achieved good results.

According to the company's preliminary accounting, in April 2023, the company realized business income of about 480-530 million yuan, an increase of about 320% -370% over the same period last year; The net profit attributable to shareholders of listed companies is about 310-350 million yuan , an increase of about 580% -670% over the same period last year.

That is to say, the net profit of quartz shares in the first four months of this year has reached 1.131-1.137 billion yuan, which has exceeded the 12-month net profit of 1.058 billion yuan last year!

Prices are likely to soar this year to create a "myth" of performance. On the evening of

April 27, quartz shares released a quarterly report. The company's operating income in the first three months was 1.223 billion yuan, an increase of 370.52% over the same period last year; Net profit of 821 million yuan, an increase of 839.62% over the same period. This was mainly due to the increase in sales of photovoltaic and semiconductor products during the reporting period. (Click for details: Surge of 839.62%! The PV leader made almost as much money as last year in 3 months.

In addition to the April net profit announced today, the company's net profit from January to April is about 1.131-1.137 billion yuan .

In 2022, the net profit of quartz shares was 1.058 billion yuan, an increase of 274.48%. In

2023, quartz shares will probably create another "performance myth" in the photovoltaic industry . Behind

this myth, the demand for high-purity quartz sand continues to be in short supply, and the price continues to soar! According to the quotation data

of high-purity quartz sand on the industry platform on May 15, high-purity quartz sand (for the middle layer of quartz crucible) is 190000 ~ 230000 yuan/ton, with an average price of 210000 yuan/ton; high-purity quartz sand (for the outer layer of quartz crucible) is 70000 ~ 120000 yuan/ton, with an average price of 95000 yuan/ton. Since

this year, the average price of high-purity quartz sand has increased by 223.08% (middle layer) and 90% (outer layer) respectively.

Moreover, such price growth will continue. In a previous paper, the

Silicon Branch said that compared with the tight demand in the first quarter, the import of quartz sand increased from April to May this year, and the shortage of high-purity quartz sand gradually increased. However, this can not solve the problem of high purity quartz sand shortage in the short term.

At present, the low-end quartz sand has been localized in China, but the production capacity of high-purity quartz sand suitable for photovoltaic purity grade is limited. At present, the inner layer sand of quartz crucible is still mainly imported from abroad. According to the data of

China Photovoltaic Industry Association, the national silicon wafer output in 2022 was about 357 GW, an increase of 57.5% over the same period last year. With the accelerated expansion of leading enterprises, it is expected that the national silicon wafer production will exceed 535.5G W in 2023, with a conservative increase of more than 50%, which will also drive the demand for high-purity quartz sand.

Especially at present, with the gradual improvement of downstream acceptance of N-type products, the photovoltaic cell industry is ushering in the rapid upgrade iteration of P-type to N-type technology. According to the data of China Photovoltaic Industry Association, the proportion of N & nbsp; monocrystalline silicon wafers in the national photovoltaic industry will increase to 10% in 2022, and will exceed 50% in 2025.

N-type silicon wafers have higher requirements for the quality of crucibles made of high-purity quartz sand, and the replacement frequency of quartz crucibles increases in the process of crystal pulling, which will greatly increase the demand for quartz sand. The continuous mismatch of

demand will inevitably push the performance of quartz shares to continue to rise.