First, sales profit
In the 141 factories included in the statistics, total sales revenue increased by 3.4% in September and net profit increased by 170.0%. The average net profit margin was 0.4%, an increase of 1.1 percentage points from the previous month.
Figure 1 The growth of corporate sales revenue and net profit from January to September in 2018
Figure 2 Average net profit rate of enterprises from January to September 2018
Second, capacity production situation
(1) Silicon material
The 14 polysilicon enterprises included in the statistics increased their production by 19.9% in September from the previous month; the capacity utilization rate in the month was 66.4%, an increase of 11.0 percentage points from the previous month. In August, the average industrial power consumption reached 82.2kwh/kg, and the reduction power consumption was 53.5kwh/kg.
Figure 3: Growth rate of polysilicon production in January-September 2018
Figure 4 Average capacity utilization of polysilicon enterprises from January to September 2018
Figure 5 Average integrated power consumption and reduction power consumption of polysilicon enterprises from January to September in 2018
(2) Silicon wafer
In the 37 wafer factories included in the statistics, the production in September decreased by 6.51%, among which, the production of monocrystalline silicon wafers decreased by 3.3%, and that of polycrystalline silicon wafers decreased by 11.3%. The production of polycrystalline silicon wafers accounted for 48.6%, a decrease of 2.1 percentage points from the previous quarter. The monthly capacity utilization rate in September was 65.2%, a decrease of 2.4 percentage points from the previous month.
Figure 6 Silicon wafer production growth rate from January to September 2018
Figure 7 Average production capacity utilization of wafer companies from January to September 2018
图 8 2018年1-9月单晶、多晶硅片产量占比
(three) battery
In the 52 cell factories that were included in the statistics, the output in September decreased by 14.4%, of which the output of monocrystalline cells decreased by 12.5%, and the output of polycrystalline cells decreased by 14.9%. The output of polycrystalline cells accounted for 77.0% and the chain ratio decreased by 0.5%. The monthly capacity utilization rate in September was 54.0%, a decrease of 4.5 percentage points from the previous month. In September, the average conversion efficiency of polycrystalline cells reached 18.4%; the single crystal cells reached 20.8%.
Figure 9 The growth rate of cell production in January-September 2018
Figure 10 Average Capacity Utilization of Cell Enterprises in January-September 2018
Figure 11 The proportion of single crystal and polycrystalline cell sheets in January-September 2018
(four) components
In the 70 component factories included in the statistics, the module production in September decreased by 18.4%, among which the single crystal module decreased by 5.7%, and the polycrystalline component decreased by 22.7%. The output of polycrystalline components accounted for 70.9%, a decrease of 3.9 percentage points from the previous quarter. The monthly capacity utilization rate in September was 60.0%, which was basically the same as in August. In September, the average conversion efficiency of polycrystalline modules reached 16.9%, and the single crystal components reached 18.0%.
Figure 12: Component growth rate of component production from January to September 2018
Figure 13 Average capacity utilization of component companies from January to September 2018
Figure 14 The proportion of single crystal and polycrystalline components in January-September 2018
Figure 15 Conversion efficiency of single crystal and polycrystalline components from January to September 2018 (unit: %)