Core Viewpoint - Longi Green Energy has significantly reduced its losses in the second quarter, raising questions about whether it can achieve a turnaround in the second half of the year amid challenges in the photovoltaic industry [1] Financial Performance - In the first half of 2025, Longi Green Energy reported revenue of 32.813 billion yuan, a year-on-year decrease of 14.83% [1] - The company recorded a net loss attributable to shareholders of 2.57 billion yuan, an increase in loss of 50.88% year-on-year [1] - The net loss after deducting non-recurring items was 3.304 billion yuan, reflecting a year-on-year increase of 37.38% [1] - The second quarter's net loss narrowed to approximately 350 million yuan, a decrease of nearly 21% compared to the first quarter [1] Cost Management - Longi Green Energy achieved loss reduction through efficiency improvements and cost-cutting measures [1] - Sales expenses and management expenses decreased by 37% and 23% year-on-year, respectively [1] - A significant reduction in asset impairment losses also contributed to the decrease in losses [1] Market Outlook - Since the beginning of the third quarter, the price of N-type silicon wafers has increased by at least 24% compared to the previous quarter [1] - The market is focused on whether Longi Green Energy can deliver its best performance since the beginning of the current photovoltaic downcycle and confirm the bottom of the cycle [1]
隆基绿能二季度减亏显著,隆基绿能下半年能否打出翻身一仗?