TCL Central (002129.SZ) issued an advance loss, with an estimated net loss of 3 billion yuan to 3.3 billion yuan in half a year

According to the Zhitong Finance App, TCL Central (002129.SZ) released the 2026 semi-annual results forecast. The company expects to achieve net profit attributable to shareholders of listed companies in the 2026 semi-year period of -3.3 billion yuan to -3 billion yuan, compared to -4242 billion yuan for the same period last year.

During the reporting period, the imbalance between supply and demand in the photovoltaic industry continued, prices of main chain products were adjusted to a low level, and the overall profit of the industry continued to be under pressure. Facing a complex business environment, the company firmly implements a moderate “integration” and globalization strategy, and adheres to on-demand production and lean operation. It is expected to achieve net profit of 3.3 billion yuan to -3 billion yuan, an increase of 22.2% to 29.3% over the previous year, of which net profit to the mother was 1.65 billion yuan in the first quarter, an increase of 13.6% year-on-year, and a quarter-on-quarter improvement of 52.8%. It is expected to achieve net profit to the mother of 1.65 billion yuan to -1.35 billion yuan in the second quarter.

Renewable energy photovoltaic business operation repair. By continuing to reduce costs and increase efficiency, the non-silicon costs of the company's silicon wafer business fell by more than 13% year on year, and EBITDA improved year on year. The company has made substantial progress in its moderate “integration” and globalization strategy. Revenue from the battery module business increased by nearly 40% year on year. Among them, second-quarter revenue accounted for more than 50% of the company's PV business revenue, and shipments of high-efficiency products such as BC and half panels accounted for more than 15%; overseas module shipments were about 2 GW, an increase of 4 times over the same period last year. Scale growth and product structure optimization jointly drove losses in the module business.

The company's semiconductor materials business is operating steadily. It is expected to achieve revenue of more than 3 billion yuan, product shipments increased 17% year on year, and the 12-inch product layout continues to advance steadily.

The company will continue to focus on the development of new energy photovoltaics and semiconductor materials business, and strive to improve annual operating performance by improving technological innovation capabilities, accelerating BC production capacity upgrading and product structure optimization, breaking through major strategic customers and global high-premium markets, and continuing to reduce costs and fees.