Daquan New Energy’s net profit in 2022 was 19.1 billion

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Today, Daquan Energy released its interim financial results for 2022: the net profit attributable to the parent company was 19.12 billion yuan, representing a year-on-year increase of 234%. Earnings per share: 9.4 yuan. Annual polysilicon production: 133,812 tons. Annual polysilicon sales: 132,909 tons (inventory remains at low levels). Average annual price of polysilicon: the price including tax is 261,500 yuan per ton, while the price excluding tax is 231,400 yuan per ton (in the fourth quarter, when silicon prices were declining, the average quarterly price excluding tax was still as high as 266,000 yuan per ton). Annual average cost per ton of product (including shipping costs): 53,060 yuan/t. Annual average price difference for polysilicon: 172,800 yuan per ton, with a gross margin as high as 74.69%. Annual average net profit from polysilicon sales: 143,800 yuan per ton, with a net profit margin as high as 62.14% (