隆基绿能2024年三季报点评：三季度显著减亏坚定BC技术路线｜投研报告

中国能源网11-11

中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线，以下为研究报告摘要：公司发布2024年三季报，前三季度盈利同比下降155.62%，其中三季度环比显著减亏；公司组件出货量稳步提升，坚定BC技术路线；维持买入评级。中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线。以下为研究报告摘要：公司发布2024年三季报...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2482248296?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2024-11-11 09:41","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2482248296","market":"sh","top_or_hot":-1,"title":"隆基绿能2024年三季报点评：三季度显著减亏 坚定BC技术路线｜投研报告","media":"中国能源网","content":"<div>\n<p>中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线，以下为研究报告摘要： 公司发布2024年三季报，前三季度盈利同比下降155.62%，其中三季度环比显著减亏；公司组件出货量稳步提升，坚定BC技术路线；维持买入评级。中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线。以下为研究报告摘要：公司发布2024年三季报...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20241111100200a22ad349&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>隆基绿能2024年三季报点评：三季度显著减亏 坚定BC技术路线｜投研报告</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n隆基绿能2024年三季报点评：三季度显著减亏 坚定BC技术路线｜投研报告\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-11 09:41 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20241111100200a22ad349&s=b><strong>中国能源网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线，以下为研究报告摘要： 公司发布2024年三季报，前三季度盈利同比下降155.62%，其中三季度环比显著减亏；公司组件出货量稳步提升，坚定BC技术路线；维持买入评级。中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线。以下为研究报告摘要：公司发布2024年三季报...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20241111100200a22ad349&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ49509284.SGD","symbol_name":"United China A Shares Innovation A Acc SGD","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20241111100200a22ad349&s=b","article_id":"2482248296","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20241111100200a22ad349&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2482248296","pubTimestamp":1731289260,"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"中银证券近日发布隆基绿能2024年三季报点评：三季度显著减亏，坚定BC技术路线。以下为研究报告摘要：公司发布2024年三季报，前三季度盈利同比下降155.62%，其中三季度环比显著减亏；公司组件出货量稳步提升，坚定BC技术路线；维持买入评级。根据业绩计算，2024Q3公司实现归母净利润-12.61亿元，同比减少150.14%，环比显著减亏。公司将通过引入贱金属方案实现BC降本。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"601012":"隆基绿能","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","LU0181495838.USD":"施罗德新兴亚洲A Acc","BK0224":"电气机械","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","BK0187":"一线龙头","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC","BK0028":"国家队","LU1146622755.USD":"安本中国A股股票基金A Acc","BK0201":"可转债","LU0140636845.USD":"施罗德大中华区股票A Acc","LU2348773727.SGD":"Aberdeen Standard SICAV I - Asian Sustainable Development Equity A Acc SGD-H","LU0048580855.USD":"富达大中华区A","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0228659784.USD":"施罗德金砖四国基金","LU1820825898.SGD":"Aberdeen Standard SICAV I - China A Share Equity A Acc SGD-H","LU1997245094.SGD":"安联神州A股基金AT Acc SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU1997245177.USD":"安联神洲A股基金","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU2153592121.USD":"Aberdeen Standard SICAV I - Emerging Markets Sustainable Development Equity A Acc USD","BK0054":"太阳能发电","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","BK0175":"白马股","LU2153591404.USD":"Aberdeen Standard SICAV I - Asian Sustainable Development Equity A Acc USD","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","BK0196":"行业龙头","BK0188":"融资融券","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU2348774022.SGD":"Aberdeen Standard SICAV I - Emerging Markets Sustainable Development Equity A Acc SGD-H","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","LU1580142542.USD":"Blackrock Systematic China A-Share Opportunities A2 USD","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU2328871848.SGD":"Eastspring Investments - China A Shares Growth AS SGD","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H"},"translate_title":"Comments on LONGi Green Energy's third quarterly report in 2024: Significantly reduced losses in the third quarter and strengthened BC technology route | Investment Research Report","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601012":1},"content_text":"中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线，以下为研究报告摘要： 公司发布2024年三季报，前三季度盈利同比下降155.62%，其中三季度环比显著减亏；公司组件出货量稳步提升，坚定BC技术路线；维持买入评级。中银证券近日发布隆基绿能（601012）2024年三季报点评：三季度显著减亏，坚定BC技术路线。以下为研究报告摘要：公司发布2024年三季报，前三季度盈利同比下降155.62%，其中三季度环比显著减亏；公司组件出货量稳步提升，坚定BC技术路线；维持买入评级。支撑评级的要点：2024年前三季度业绩同比下降155.62%：公司发布2024年三季报，前三季度公司实现营业收入585.93亿元，同比减少37.73%；实现归母净利润-65.05亿元；同比减少155.62%，实现扣非净利润-64.88亿元，同比减少156.35%。根据业绩计算，2024Q3公司实现归母净利润-12.61亿元，同比减少150.14%，环比显著减亏。硅片出货保持增长，组件出货稳步提升：根据公司公告，2024年前三季度公司实现硅片出货82.80GW，其中对外销售35.03GW，2024Q3公司实现硅片出货38.37GW。组件方面，2024年前三季度，公司实现组件出货量51.23GW（其中BC组件销量13.77GW），同比增长17.70%。行业成本指导价有望助力公司盈利企稳：中国光伏行业协会此前发文呼吁行业合规竞争，提出了组件含税（不含运杂费）为0.68元/W的最低成本价格，并指出投标价格低于成本价格涉嫌违法。我们认为，最低成本价格的提出有助于促进行业健康发展，也有利于包含公司在内的组件企业盈利企稳回升。坚定BC技术布局：公司依托深厚的技术积累和先进的制造优势，实现HPBC2.0技术重大突破，电池效率已达到26.6%，组件转换效率提升至至24.43%，双面率突破70%。产能方面，公司目标2025年底具备70GW的BC电池产能，其中HPBC2.0产能约50GW，2026年底国内电池基地计划全部迁移至BC产品。公司将通过引入贱金属方案实现BC降本。估值：结合目前光伏组件/硅片价格、未来产业链价格展望、公司现有产能及产能规划，我们将公司2024-2026年预测每股收益调整至-0.92/0.75/0.93元（原2024-2026年预测为0.54/0.83/1.08元），2025-2026年对应市盈率25.5/20.7倍；维持买入评级。评级面临的主要风险：国际贸易壁垒风险；行业需求不达预期；价格竞争超预期；光伏政策风险降本不达预期；技术性价比不达预期。（中银证券 武佳雄,顾真）","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482248296"}

隆基绿能2024年三季报点评：三季度显著减亏 坚定BC技术路线｜投研报告

精彩评论

隆基绿能2024年三季报点评：三季度显著减亏坚定BC技术路线｜投研报告