PVTIME – On April 27, LONGi released its financial report 2021, which shows that in 2021, LONGi achieved an operating income of 80.932 billion yuan, a year-on-year increase of 48.27%. The net profit attributable to shareholders of the listed company was 9.086 billion yuan, a year-on-year increase of 6.24%, of which attributable to the listed company’s shareholders’ net profit after deducting non-recurring gains and losses was 8.826 billion yuan, a year-on-year increase of 8.39%. The comprehensive gross profit margin was 20.19%, and the weighted average return on equity was 21.45%. During the reporting period, the company maintained stable operations and reasonable control of asset-liability structure, and its asset-liability ratio was 51.31%, decreasing by 8.07% compared with that in the end of 2020.
According to the report, in the year of 2021, its monocrystalline silicon wafer shipments volume achieved 70.01GW, of which 33.92GW was sold and 36.09GW was for self-use. The shipment volume of monocrystalline modules reached 38.52GW, of which 37.24GW was sold, increasing by 55.45% year over year, while 1.28GW was for self-use.
On the same day, LONGi’s Q1 2022 report was released, which shows its total operating income was 18.595 billion yuan in the first quarter of 2022, a year-on-year increase of 17.29%. The net profit attributable to shareholders of the parent company was 2.664 billion yuan, a year-on-year increase of 6.46%. And the basic earnings per share was 0.49 yuan.
