Recently, with the hot new energy market, on August 18, the A-share inverter sector soared again, and many related enterprises reached the highest market value.

Sunshine power rebounded rapidly in the morning, and its share price rose by more than 2% within 5 minutes, reaching 140.04 yuan by the end of the day. By the end of the afternoon, the share price of Hewang electric had risen by 7.49%

Goodway opened at 393.15 today and peaked at 450.99 yuan per share at 10:00 a.m., a strong rise of 15.7%. By the end of the day, goodway's market value had reached 53.824 billion yuan, which also created a new highest point of the enterprise's market value.

The share price of jinlang technology rose 7.94% today, but it is worth noting that the market value of jinlang technology exceeded 100 billion this morning! By the end of the afternoon, the total market value reached 105.1 billion, adding another member to the 100 billion club of the photovoltaic industry.

According to the data, jinlang technology is mainly engaged in the R & D, production, sales and service of the core equipment of the distributed photovoltaic power generation system, and is one of the world's famous inverter manufacturers. Since 2011, the company has been continuously recognized as a national high-tech enterprise. It is an enterprise that has passed the EU CE certification, Australian SAA certification, American ETL certification and other mainstream market certification in China.

In the first quarter of 2022, the company realized an operating income of 1.102 billion yuan, a year-on-year increase of 79%; The net profit attributable to the parent company was 164 million yuan, with a year-on-year increase of 55%. In the first half of 2022, the company is expected to achieve a net profit attributable to the parent of 390-410 million yuan, with a year-on-year increase of 64% - 72%.

The growth of jinlang can not be separated from the road of deep cultivation series inverter. In 2021, the company's series inverter realized a sales revenue of 3.019 billion yuan, accounting for 91.13% of the total revenue.

According to CPIA data, in 2021, the string type PV inverter market in China occupied the main position, accounting for 69.6%. According to CPIA prediction, by 2023-2025, the market share of series inverter in China will remain at about 75%, and may continue to increase in the future.

The popularity of the inverter industry cannot be separated from the drive of photovoltaic heat. In the first half of 2022, the domestic photovoltaic installed capacity was 30.88gw, with a year-on-year increase of 137.4%, and the installed capacity continued to exceed the market expectation; With the current demand of the installed market for photovoltaic intelligence and optical storage integration, the market scale of the inverter is also expanding. CPIA Association said that by 2025, the global installed capacity of PV inverters is expected to reach 330gw.

In the international market, with the rapid development of global green power and the stimulation of the European energy crisis, countries have introduced policies to encourage the installation of new energy. In this context, the global demand for PV installed capacity continues to expand, and the domestic inverter is gradually becoming popular in the overseas market due to the double advantages of price and channel.

Photo source: global PV

It is predicted that China will take over the top five global inverter shipments in 2022, and SMA, the former inverter giant, will only ship 5.8gw in 2022h1. With the acceleration of domestic IGBT replacement, domestic inverters are expected to further reduce costs and continue to expand overseas markets through cost performance and channel advantages. Source: xinnenghui;