证券代码：002459 证券简称：晶澳科技 晶澳太阳能科技股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |--------------|----------------------------------|----------------------------------|----------------------------------------------------------------| | | □特定对象调研 □分析师会议 | | | | 投资者关系活 | □媒体采访 | | √业绩说明会 | | 动类别 | □新闻发布会 √路演活动 | | | | | □现场参观 | | | | | □其他 | （请文字说明其他活动内容） | | | | 摩根大通 摩根士丹利 兰馨亚洲 | | 英大基金 易方达基金 诺安基金 | | 参与单位名称 | 麦格理资本 | | 广发基金 鹏华基金 景顺长城基金 招商基金 泉果基金 | | 及人员姓名 | 东兴基金 平安基金 | 长江证券 | 东吴证券 中信建投证券 兴业证券 | | | 财通证券 中银证券 | 国泰君安 | ...

证券时报e公司讯，就"明年东南亚如果不能出口美国，怎么补充美国出货？ "晶澳科技10月31日在路演活动中表示，美国市场仍会持续出货，还有订单交付以及部分库存，后续如 果美国对东南亚四国的双反税率较高，公司可以从美国组件工厂发货满足供应。 同时，公司也在考察美国和东南亚四国之外其他国家的产能投资机会。 ...

2024年10月31日 来源：公司年报、国金证券研究所 晶澳科技 (002459.SZ) 买入 (维持评级) 公司点评 证券研究报告 产能爬坡影响消除，盈利提升大超预 业绩简评 10月 30 日公司发布 2024年三季报,前三季度实现营收 543 亿元,同比-9%;实现归母净利润-4.84 亿元,扣非归母净利润-5.94 亿元。其中 Q3 实现营收 170 亿元,同比-11%、环比-21%,实现归 母净利润 3.9 亿元,同比-80%、环比大幅转正,实现扣非归母净利 润 2.25 亿元，同比-88%、环比大幅转正,业绩大超预期。 经营分析 TOPCon 产能爬坡影响消除,成本下降盈利显著提升,大超市 场预期。23H2 公司大规模新建 TOPCon 电池产能集中投产导致 24H1 公司生产成本略高,三季度公司电池产能爬坡营销结束、成本效率 达到行业领先水平,在光伏产业链竞争加剧、组件价格持续下降的 背景下,公司凭借显著的成本降幅实现盈利能力显著提升,Q3 销 售毛利率环比提升 5.6 PCT 至 8.67%,带动销售净利率环比扭亏至 2.07%,盈利能力改善幅度超预期。 海外出货占比维持较高水平,经营性现金流入 ...

Financial Performance - Revenue for Q3 2024 was RMB 16.99 billion, a decrease of 11.22% year-over-year[1] - Net profit attributable to shareholders for Q3 2024 was RMB 389.84 million, a decrease of 80.02% year-over-year[1] - Total operating income for the period was 54.35 billion yuan, down from 59.98 billion yuan, a decrease of 9.4%[13] - Net profit attributable to the parent company decreased to 14.74 billion yuan from 17.07 billion yuan, a decline of 13.7%[13] - Net profit attributable to parent company shareholders was -484.36 million yuan, compared to 6.76 billion yuan in the same period last year[14] - Sales revenue from goods and services was 45.69 billion yuan, down from 52.33 billion yuan in the previous year[16] - Total profit was -960.69 million yuan, compared to 8.02 billion yuan in the same period last year[14] - Comprehensive income attributable to parent company shareholders was -647.86 million yuan, compared to 6.94 billion yuan in the same period last year[15] - Minority shareholders' net loss was 372.76 million yuan, compared to a net profit of 203.02 million yuan in the same period last year[15] - Basic earnings per share were -0.15 yuan, compared to 2.05 yuan in the same period last year[15] Cash Flow - Cash flow from operating activities for Q3 2024 was RMB 232.87 million, a decrease of 96.74% year-over-year[1] - Operating cash flow decreased by 96.74% to RMB 232,868,803.21 due to lower product prices reducing cash received from sales[5] - Net cash flow from operating activities was RMB 232,868,803.21, a significant decrease from RMB 7,152,668,134.08 in the previous period[17] - Financing cash flow increased by 179.67% to RMB 17,837,206,278.60 due to higher borrowing[5] - Net cash flow from financing activities was RMB 17,837,206,278.60, up from RMB 6,377,921,609.40 in the previous period[17] - Net cash flow from investing activities was RMB -16,012,467,836.21, compared to RMB -12,641,791,974.96 in the previous period[17] - The company's cash and cash equivalents increased by RMB 2,173,246,045.05, reaching RMB 8,936,334,820.72 at the end of the period[17][18] - Operating cash inflows totaled RMB 56,184,793,045.17, while operating cash outflows were RMB 55,951,924,241.96[17] - Investment cash inflows were RMB 586,010,290.58, and investment cash outflows were RMB 16,598,478,126.79[17] - Financing cash inflows were RMB 27,267,334,910.41, and financing cash outflows were RMB 9,430,128,631.81[17] - The company received RMB 2,560,916,370.87 in tax refunds, slightly down from RMB 2,623,257,130.78 in the previous period[17] - The company paid RMB 4,905,665,930.15 to employees, up from RMB 3,934,852,404.47 in the previous period[17] Assets and Liabilities - Total assets as of September 30, 2024, were RMB 116.29 billion, an increase of 9.10% compared to the end of the previous year[1] - Total assets increased to 116.29 billion yuan from 106.59 billion yuan, a growth of 9.1%[12] - Cash and cash equivalents rose to 24.20 billion yuan from 15.99 billion yuan, a significant increase of 51.3%[11] - Inventory decreased to 12.02 billion yuan from 14.47 billion yuan, a reduction of 16.9%[12] - Total liabilities increased to 83.90 billion yuan from 68.59 billion yuan, up by 22.3%[13] - Long-term loans surged to 13.64 billion yuan from 1.48 billion yuan, a substantial rise of 822.6%[13] - Fixed assets increased to 45.01 billion yuan from 36.87 billion yuan, a growth of 22.1%[12] - Accounts receivable decreased to 8.81 billion yuan from 9.17 billion yuan, a reduction of 3.9%[11] - Short-term borrowings rose sharply to 10.01 billion yuan from 978.59 million yuan, an increase of 923.3%[12] - Short-term borrowings increased by 923.18% to RMB 10.01 billion as of September 30, 2024[4] - Long-term borrowings increased by 823.64% to RMB 13.64 billion as of September 30, 2024[4] - Lease liabilities increased by 38.91% to RMB 1.60 billion as of September 30, 2024[4] - Construction in progress decreased by 65.01% to RMB 3.41 billion as of September 30, 2024[4] Expenses and Costs - Sales expenses increased by 33.24% to RMB 859,118,502.73 due to higher personnel costs[5] - Financial expenses surged by 227.27% to RMB 280,420,870.28 due to reduced exchange gains and increased interest expenses[5] - R&D expenses were 743.56 million yuan, a decrease from 831.48 million yuan in the same period last year[14] - Management expenses were 1.56 billion yuan, down from 1.67 billion yuan in the previous year[14] - Financial expenses were 280.42 million yuan, compared to -220.33 million yuan in the same period last year[14] - The company's operating costs increased to RMB 51,414,189,308.37 due to accounting policy changes[19] Investments and Income - Investment income rose by 213.80% to RMB 264,100,728.69 due to increased gains from equity changes and hedging transactions[5] - Fair value change income increased by 468.25% to RMB 51,428,999.56 due to floating profits from hedging transactions[5] Shareholder Information - Dongtai Jingtaifu Technology Co., Ltd. holds the largest share at 47.45% with 1,570,307,572 shares[6] - Hong Kong Securities Clearing Company Limited holds 3.50% of the shares with 115,978,729 shares[6] - The company repurchased 26,945,700 shares, accounting for 0.81% of the total shares as of September 30, 2024[7] External Factors - Government subsidies received during Q3 2024 amounted to RMB 83.12 million[2] - Losses due to natural disasters in Q3 2024 were RMB 56.10 million[3] Business Operations - The company's battery module shipments reached approximately 57GW (including 1GW for self-use) in the first three quarters of 2024, with overseas shipments accounting for 52.40%[10]

①又有3家公司重组停牌，A股正进入新一轮并购重组周期，这家公司是央企中国电科旗下公司，聚焦 感知产品等； ②智谱AI上线AutoGLM，可实现手机被AI完全接管，这家公司与智谱华章成立合资公 司，专注于AI教育产品； ③这家国内背光LED封装龙头前三季度净利润2.28亿元，同比增长25.83%。 【大头条】 一、并购重组|又有3家公司重组停牌，A股市场正在进入新一轮并购重组周期，这家公司是央企中国电 科旗下公司，聚焦感知产品等 据媒体报道，截止发稿时间，周末期间又有3家公司中国动力、华康股份、海联讯披露重组停牌公告。 A股市场正在进入新一轮并购重组周期。新"国九条"出台以来，多项关于并购重组市场的政策陆续推 出，政策环境不断优化，相关案例数量较去年同期明显增长。据Wind数据统计，剔除重组失败、出让 方、ST股，10月以来披露并购重组进展的A股上市公司共有47家。 点评：银河证券研报称，自2024年7月下旬以来，重组指数表现持续较全A指数占优。随着并购重组政 策支持力度加大，参与并购重组的上市公司数量有望逐渐增多；上市公司通过并购重组实现产业整合或 多元化战略，有望提高资产质量、提升经营效率、提升估值空间，从 ...

点赞分享晶澳科技盘中涨停，已连收3个涨停板，截至13:07，该股报18.25元，换手率6.29%，成交量2.08亿股，成交 金额35.24亿元，涨停板封单金额为4.94亿元。 连续涨停期间，该股累计上涨33.11%，累计换手率为15.28%。 最新A股总市值达604.02亿元，A股流通市值603.34亿元。 证券时报•数据宝统计，两融数据来看，该股最新（10月22日）两融余额为10.21亿元，其中，融资余额10.19亿元， 较前一个交易日增加1.83亿元，环比增长21.83%，近3日累计增加1.24亿元，环比增长13.84%。 龙虎榜数据显示，该股因日涨幅偏离值达7%上榜龙虎榜1次，买卖居前营业部中，机构净卖出3637.74万元，深股通 累计净买入3053.74万元，营业部席位合计净卖出5783.35万元。 8月31日公司发布的半年报数据显示，上半年公司共实现营业总收入373.57亿元，同比下降8.54%，实现净利润-8.74 亿元，同比下降118.16%。 （数据宝）近日该股表现日期当日涨跌幅（%）换手率（%）主力资金净流入（万元） 2024.10.2210.016.5730652.802024.10.21 ...

证券代码：002459 证券简称：晶澳科技 晶澳太阳能科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------|-----------------------------------------------------|------------------------------------------------------------------------| | | | | | | | □特定对象调研 □分析师会议 | | 投资者关系活 | □媒体采访 | √业绩说明会 | | 动类别 | | □新闻发布会 □路演活动 | | | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称 | 通过网络方式参加" | 年河北辖区上市公司投资者网上集体接待日暨 2024 年 | | 及人员姓名 | 半年报集体业绩说明会"的投资者。 | | | 时间 2024 | 年 10 月 15 日 | (周二) 下午 14:00~17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（ 召开业绩说明会 | https://i ...

| --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|-------|-----------------------|-------| | 2024 年 09 月 09 日 \n24H1 业绩阶段承压，持续创新提升产品竞争力 \n投资要点 | | | 公司研究●证券研究报告 | | | | | | | | | | 交易数据 | | | | | 事件：公司发布 2024 年半年报，根据公告，公司 24H1 实现收入 373.57 亿元，同 | | | | | | | | | | | | 比 -8.54% ；实现归母净利 -8.74 亿元，同比 -118.16% ；实现扣非归母净利 -8.19 亿 元，同比 -115.86% 。 | | | | | | | | | | ...

华福证券 晶澳科技（002459.SZ） Q2 出货量保持增长，经营性现金流转正 投资要点： 业绩点评 公司发布 24H1 业绩公告，实现营业收入 373.6 亿元，同比-9%； 归母净利-8.7亿元，扣非归母净利-8.2亿元；其中Q2实现营业收入213.9 亿元，同比+5%，环比+34%；归母净利-3.9 亿元，环比+19%；扣非归 母净利-4.5 亿元，环比-22%。 24Q2 电池组件出货环增，全年出货量保持高增 公司24H1光伏组件业务营收353亿元，同比-10%，出货量超38GW （含自用 1GW），同比+59%，其中组件海外出货量占比约 54%（欧 洲占比 20%-25%，美洲 15%-20%，其他区域包括亚太 15%左右），N 型组件出货占比约 60%。我们预计公司 24 年全年电池组件出货 85GW， 同比增长超 50% ，且预计下半年 N 型占比将进一步提升。 N 型产能快速爬坡，海外产能及渠道布局领先 公司 24H1 内 N 型产能快速达产，产品良率、电池转换效率大幅 提升，最新的 N 型倍秀（Bycium+）电池量产转换效率已达到 26.5%； 生产成本明显下降，大尺寸电池在转换效率和生 ...

证券研究报告 | 公司点评 | 光伏设备 | --- | --- | |--------------------------------------|------------------------------------------| | | | | 晶澳科技 (002459) | 报告日期： 2024 年 09 月 13 日 | | 降本增效持续推进，组件龙头行稳致远 | | | ——晶澳科技 2024 年半年报点评报告 | | 投资要点 ❑ 光伏产业链价格处于底部区间，公司业绩阶段性承压 2024H1，公司实现营业收入 373.57 亿元，同比下降 8.54%；归母净利润-8.74 亿 元，同比由盈转亏。实现销售毛利率 3.91%，同比下降 15.44 pct；销售净利率3.23%，同比下降 15.49pct。2024Q2，公司实现营业收入 213.85 亿元，同比增长 5.02%，环比增长 33.89%；归母净利润-3.91 亿元，同比由盈转亏，环比增长 18.94%。实现销售毛利率 3.05%，环比下降 2.01pct；销售净利率-2.77%，环比增 长 1.09pct。因光伏行业波动加剧，产品价格 ...