On April 20, Hoshine Silicon released its 2022 annual report. In 2022, the company’s operating income will be 23.657 billion yuan, a year-on-year increase of 10.62%; the net profit attributable to the parent company is 5.148 billion yuan, a year-on-year decrease of 37.39%. During the reporting period, the decrease in sales prices of major products and the increase in raw material prices led to a decrease in profits.
The annual report shows that Hoshine Silicon is mainly engaged in the R&D, production and sales of silicon-based new material products such as industrial silicon and organic silicon. It is one of the enterprises with the most complete business chain and the largest production scale in my country’s silicon-based new material industry. As of the end of 2022, Hoshin Industrial’s silicon production capacity is 1.22 million tons per year, and its organosilicon monomer production capacity is 1.33 million tons per year. Business cooperation relationship, the company’s leading position in the industry is prominent. The main products of Hesheng Silicon include industrial silicon and organic silicon products.
Main business by industry, by product, by region, by sales model:
Hesheng Silicon’s main business income in 2022 is 23.528 billion yuan, a year-on-year increase of 10.58% from 21.277 billion yuan in the previous year.
The sales revenue of organic silicon was 13.026 billion yuan for the whole year, accounting for 55.36% of the total main business revenue, an increase of 6.05% over the previous year. The main reason was that the new production capacity was put into production and the sales volume increased.
Industrial silicon sales revenue for the year was 10.285 billion yuan, accounting for 43.71% of total revenue, an increase of 15.43% over the previous year. The main reason was that new production capacity was put into production and sales increased.
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