Skyworth Group released its earnings report on the evening of the 26th. In the first three quarters, the group achieved a total revenue of RMB 35.891 billion (same unit hereafter), representing a year-on-year increase of 33.16%, and a profit of 763 million yuan, up 40% year-on-year.
Upon the release of this news, the next day, which was yesterday, Skyworth Group surged 59%, with a turnover of 1.22 billion yuan and a turnover rate of 14.7%. Even today, amidst a weak overall market, it continues to rise.
These results are indeed good, but not particularly outstanding. Why would an obscure company suddenly be favored by the market?
It turns out that Skyworth Group's performance data for the first three quarters showed that the group’s photovoltaic business generated revenue of 2.19 billion yuan, an increase of approximately 27,275% compared to the same period last year. Yes, no typo there—it’s 273 times growth.
Skyworth Group stated that distributed photovoltaics are the closest to end-users in下沉 markets, and our company started laying out plans long ago. Moving forward, we will begin with residential photovoltaics and expand into commercial and industrial photovoltaics as well as integrated smart energy management on the electricity consumption side, gradually developing into a leader in clean energy solutions for the electricity consumption sector.
At the national strategic level, it has been announced that carbon emissions should peak by 2030 and achieve carbon neutrality by 2060, progressively reducing carbon emissions to prevent global temperature rises, melting polar ice caps, and causing sea levels to rise, potentially flooding coastal cities around the world.
There is also the issue of cost: once renewable clean energy is applied on a large scale, its cost will be far lower than that of fossil fuels.
The EU has decided to impose a carbon emissions tax starting from 2026, a decision that has received support from the US...