Longi Green Energy Technology Co., Ltd. Class A · SSE:601012
Longi Green Energy Technology Co., Ltd. Class A — FY2022 and Q1 2023 Earnings Presentation
19 slides from Longi Green Energy Technology Co., Ltd. Class A's earnings presentation, Apr 28, 2023
Slide 1: LONGi 2022 and 2023Q1 Results Investor Presentation
LONGi 2022 and 2023Q1 Results Investor Presentation
Slide 2: Contents
CONTENTS 2022 Financial Results PV Industry Developments 2023Q1Financial Results 2023 Business Outlook
Slide 3: Highlights: operation quality improved steadily, representing growth resilience
Highlights: operation quality improved steadily, representing growth resilience Revenue（RMB Billion） Net profit attributable to Shareholders Net operating cash （RMB Billion） （ RMB Billion ） +60.03% +97.8% 128.99 +63.02% 24.4 14.81 80.6 9.09 12.32 2021 2022 2021 2022 2021 2022 ROEWA Period expense Ra
Slide 4: Major business maintained growing while new business was forging ahead
Major business maintained growing while new business was forging ahead LONGi is committed to being the most valuable In 2022, the company recognized solar technology company in the world. revenue of RMB38.19 billion for Insisting on deep research of solar industry and focusing on mono ingot and wafe
Slide 5: Wafer shipments ranked at first place depending on supply of high-quality wafers
Wafer shipments ranked at first place depending on supply of high-quality wafers Mono wafer shipments The shipments of large-size wafer have accounted for >90% maintained the 1st place in the past 9 years. 85.06GW 93% 70.01GW 71% 59.4GW 69% 61% 2022Q1 2022Q2 2022Q3 2022Q4 2020 2021 2022 • In 2022, t
Slide 6: Enhanced module delivery and performance capability to meet customer demand
With customer value oriented, enhanced module delivery and performance capability to meet the customer demand. Module Shipments Module Shipment Breakdown by district Ranked world No.1 for the third consecutive year 46.76GW 38.52GW 52% 48% 24.53GW Domestic 24.2GW Overseas 22.56GW 2020 2021 2022 • In
Slide 7: Expanded production capacity with high-efficiency technology and intelligent manufacturing
Expanded production capacity with the drive of high-efficiency technology and intelligent manufacturing • In 2022, the company appropriately adjusted the progress of capacity expansion impacted by the price surge of polysilicon and demand fluctuations. Generally, the wafer, cell and module capacity
Slide 8: Maintained intensive investment on R&D and achieved remarkable results
Maintained intensive investment on R&D and achieved remarkable results. • In 2022, the company has broken the world records of 7.14 Billion solar cell efficiency for 7 times. R&D input, accounting for • Set R&D efficiency of HJT to 26.81%. It is the highest 5.54% of revenue record of silicon solar c
Slide 9: Global reach has expanded in the context of carbon neutrality
Global reach has expanded in the context of carbon neutrality Module shipments in 150+ 11GW Europe, 2022 2000 Countries and Regions 30GW Module shipments 5000+ in Asia, 2022 Customers Module shipments in 2.6GW Latin America, 2022
Slide 10: The company won many honors
Focusing on key business and healthy operation, the company won many honors. China Grand Awards for Industry are the The 7th China Grand highest honors in China's industrial field, Awards of Recognition approved by State Council. TOP PERFORMER by PVEL BNEF Tier 1 List of Module Suppliers Ranked Top
Slide 11: Contents
CONTENTS 2022 Financial Results PV Industry Developments 2023Q1Financial Results 2023 Business Outlook
Slide 12: The short-term game intensified in solar industry chain, price fluctuated fiercely
The short-term game intensified in solar industry chain， the price fluctuated fiercely • As the new capacity of polysilicon was increasing, the price began to fall in mid-March. The cost pressure from silicon has eased. • The price of modules is less than 1.8 yuan/W, and the return rates of solar po
Slide 13: Achieved stable growth on earnings by handling market fluctuation and difficulty
Achieved stable growth on earnings by handling market fluctuation and difficulty Revenue (RMB Billion) Net profit attributable to Shareholders （ RMB Billion ） +52.29% 28.32 +36.55% 3.64 18.59 2.66 2022Q1 2023Q1 2022Q1 2023Q1 Wafer shipments (GW) Cell & Module shipments (GW) 2023Q1 23.82 2023Q1 12.6
Slide 14: Contents
CONTENTS 2022 Financial Results PV Industry Developments 2023Q1Financial Results 2023 Business Outlook
Slide 15: The global solar demand was strong in 2022 driven by energy crisis and extreme weather
The global solar demand was strong in 2022 driven by energy crisis and extreme weather • In 2022, the global energy crisis was upgraded and extreme weather was frequent, which stimulated the global solar market demand. The newly-added solar installation was 230GW, a yoy increase of 35%. The growth r
Slide 16: The global energy transition has accelerated and renewables keep rapid growth
The global energy transition has accelerated and renewables represented by solar PV keeps rapid growth. Coping with the energy and climate crisis, many countries have begun to accelerate the transition to green and low-carbon energy. According to Global Development Report released by Center for Chin
Slide 17: Contents
CONTENTS 2022 Financial Results PV Industry Developments 2023Q1Financial Results 2023 Business Outlook
Slide 18: 2023 Business outlook
2023 Business outlook 130 ＞160 190 85 130 110 Wafer Cell Module Wafer Module/Cell Revenue Year-end Production Capacity (GW) Shipments (GW) （RMB Billion ） Based on advanced manufacturing, the company will strengthen its competitiveness by industry-leading technology and quality, and will improve the
Slide 19: www.longi.com
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LONGi Green Energy Technology — FY2022 and Q1 2023 Earnings Presentation on 6ix