The loss melody is still continuing the life of Chinese PV companies

[Source: "New Industry" July issue Reporter / Luo Gemei] It is no exaggeration to say that in 2012, domestic PV companies can almost be described as sorrowful.

Words such as huge losses, losses, and sharp declines have become the main theme of PV companies, especially the leading companies that “the ship is not good to turn around”. Until the first quarter of this year, although the photovoltaic industry showed signs of temporary recovery, the recovery is still far away, and the melody of loss continues.

Of course, there are so few, in the depressed market environment, still relying on their own unique advantages, handed over a beautiful transcript.

Giant loss leader: Trina Solar

As the global leader in photovoltaic module manufacturers, Trina Solar (NYSE: TSL)'s performance is like a barometer, reflecting the joys and sorrows of the entire photovoltaic industry. At the same time, Trina Solar is also a typical representative of the “major losses” in PV companies.

On February 26, 2013, Trina Solar's 2012 full-year financial report showed that during the reporting period, the company achieved operating income of US$1.3 billion, down 36.7% year-on-year; net profit was huge loss of US$266 million, and net loss in 2011. Compared with 37.8 million US dollars, the comprehensive gross profit margin is 4.4%. Although it is still at a positive value, it has decreased by 11.8% compared with 2011; the gross profit is 57.2 million US dollars, down 82.8% year-on-year.

On May 29, Trina Solar's 2013 first quarter report showed that during the reporting period, the company achieved operating income of US$260.2 million, a decrease of 14% from the previous quarter and a decrease of 25.6% from the same period of last year. The net profit loss was US$63.7 million, compared with the same period last year. The net profit loss was $29.8 million and the loss was more than doubled. In addition, because Trina Solar's product sales in Germany and the United Kingdom are close to half of its total revenue, due to the EU's "double opposition", it is expected that its loss will deteriorate.

Guoxin Securities analyst Zhang Wei analyzed that due to the large production capacity of Trina Solar, the sales volume is also large. As the price continues to fall, the more you sell, the greater the loss. "For Trina Solar, preferring to lose money will also choose to sell the product because it will at least increase cash backflow."

However, in the face of the cruel market, Trina Solar also had to make compromises. It said that sales will gradually diversify in 2013, far from Europe, and it is expected that sales in major emerging markets such as China will account for more than 20% of this year's revenue, up 12.9% from 2012.

Small company with small losses: Artes

Compared to Trina Solar, the loss of another solar energy company, Artes (CSIQ: NSDQ), is only a small one. Among the large-scale PV companies that have been hit hard by the European and American markets, Artes is definitely better.

On March 11, Artes announced its 2012 annual report, showing an operating income of $1.3 billion during the reporting period, a decrease from the 2011 revenue of $1.9 billion, mainly due to the continued average selling price of PV modules. The decline was; net profit loss was $195 million, which was twice the net loss of $90.9 million in 2011.

On May 28th, Artes announced that its first quarter 2013 earnings report was a lot brighter. Not only did the gross profit margin rise, but the losses also converge.

According to the financial report, Artes achieved operating income of US$264 million during the reporting period, down 19.1% year-on-year. However, its gross profit margin increased from 5% in the fourth quarter of last year to 9.7%. In China's first-tier manufacturers, the gross profit margin was the highest, and the net loss also converges to 3.9 million US dollars, making it the least profitable manufacturer in China's first-tier manufacturers.

This has nothing to do with Artes' leading regional diversification strategy. In the first quarter, Artes' revenue in Europe accounted for only 24.7% of the overall revenue, a sharp drop of 42.6% year-on-year. Due to factors such as punitive tariffs, the company will continue to reduce the number of orders received in Europe. The ratio will continue to decline.

Today, Artes' share of the Asian market has exceeded half of its overall revenue in the first quarter, reaching 57.4%. In particular, module shipments to Japan accounted for 24.5% of total shipments this quarter, up from last year. 75.9%.

Artes has successfully transformed from a pure component supplier to a company focused on total solutions. The data shows that in the fourth quarter of 2012, the overall solution accounted for 12.8% of the revenue, and increased to 19.2% in the first quarter of this year. Artes expects that the three power stations in Canada will soon be commercialized, each of which will receive $60 million in revenue, indicating that Artes is continuing to transform into a provider of total solutions with the goal of generating revenue for the company. 50% of the business comes from related businesses.

Unfinished: Click to read the full article http://

Our Battery Smart Monitoring system is direct integration of the battery restore solution into computer-based battery monitoring system which combines wireless communication with patented, field-proven battery monitor and analysis technology. It not only has the ability to restore battery, but also has the ability to monitor battery's State-Of- Health(SOH) in real time. It is much more intelligent than Smart Pulse Protector and Pulse Restore System because of it's battery remote management and maintenance function with wireless communication.  
It is comprised of 3 base hardware which consists of a monitoring host, several monitoring modules, and several data box modules. Plus 1 software operation system. The monitor parts connected wirelessly with batteries pack and reliably reports battery State-Of-Health(SOH) to the software platform.  
The battery monitoring system adopts a inspection module for each battery analysis and monitoring. Through the wireless communication technology, every single battery's SOH data collected by monitor is concentrated into the data box module. The data box module is used to collect the battery's voltage, temperature, internal resistance and current simultaneously. Then transmit all the data to the monitoring host which can do data displaying, analysis, storage, and alarming as soon as abnormal. Battery Monitoring System
Since the Monitoring system is integrated with Base Site Battery Protector System, The real-time improvement of the battery equalization and small pulse current desulfation, lead to the battery lifespan prolonged up to 2 times. Meanwhile, monitor battery's State-Of- Health(SOH) and State-Of-Charge (SOC) in real time to make sure keeping the back up power system always safe and uptime. 


Battery Smart Monitoring System

Battery Smart Monitoring System,Battery Monitoring Intelligent System,Battery Intelligent Monitoring System,Battery Remote Monitoring System

Shenzhen Daceen Technology Co., Ltd. , https://www.daceen-sz.com

This entry was posted in on