2018 diamond line corporate profits may be seriously shrunk

The hot metal of the diamond line is closely related to the photovoltaic industry. It is estimated that the global installed capacity of photovoltaics will exceed 110GW in 2018. According to the power of 4.8 watts per watt, the annual demand for silicon wafers is about 22.9 billion. Here we have to distinguish between single crystal and polycrystalline. Because monocrystalline silicon wafers require fewer diamond wires, each wafer requires less than one meter of diamond wire; while polycrystalline silicon wafers currently have large consumables, each requiring 1.7 meters of diamond wire. It is expected that in the fourth quarter of this year, the market share of monocrystalline silicon wafers will exceed 50%, so the market share of monocrystalline silicon wafers will increase, which is unfavorable to the industry of King Kong Line, which will reduce the use of consumables. In total, the demand for the diamond line in the whole market is about 34 billion meters. According to 0.6 yuan per meter, the total market value is about 20.4 billion yuan. What's more, at present, everyone's process level is optimized, and the required consumables are getting smaller and smaller in the process of cutting a single wafer. In the future, the diamond fiber consumables required for each single crystal silicon wafer are 0.6 meters. After the polycrystalline silicon wafers are optimized, each silicon wafer consumable needs 1.2 meters. If it is optimized in the future to the ideal state. The total demand for the Diamond Line will further shrink to 23 billion meters. The future price decline will be calculated at a price of 0.3 yuan per meter. The total capacity of the diamond line industry is only 6.9 billion yuan. If the price per meter is reduced to 0.1 yuan, then the space and capacity of the entire industry will shrink to less than 2.5 billion yuan. More importantly, the production capacity has been continuously expanding. For example, Yang Ling Mei Chang: 10 million KM/year, Xinrui Xin: Expanded to 800 production lines this year, Yi Cheng: 2 million km new, Stellar: put into operation in the first half of this year 3 million km. With the continuous increase in production capacity, it is expected that the market will become saturated in the first half of this year. As a result, the total demand of the market will continue to shrink, and the profits of the company will be seriously reduced. In the face of overcapacity and falling prices, it is hoped that the company will continue to maintain the scale and reduce costs through measures such as equipment transformation, improvement in automation, reduction in the number of employees, increase in the capacity of individual equipment, and improvement in production rates. High profit target.

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