Logotype for TCL Zhonghuan Renewable Energy Technology Co Ltd

TCL Zhonghuan Renewable Energy Technology (002129) investor relations material

TCL Zhonghuan Renewable Energy Technology H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for TCL Zhonghuan Renewable Energy Technology Co Ltd
H1 2025 earnings summary23 Aug, 2025

Executive summary

  • Revenue for H1 2025 was ¥13.40 billion, down 17.36% year-over-year; net loss attributable to shareholders was ¥4.24 billion, a 38.48% deeper loss year-over-year.

  • Operating cash flow improved significantly to ¥523 million, up 308.40% year-over-year.

  • The company faced industry-wide overcapacity, price declines, and inventory pressure, but maintained industry-leading market share in PV materials.

  • High-efficiency module shipments increased sequentially, and product quality and market presence improved.

  • Global subsidiary Maxeon continued to face challenges, especially in the US market, impacting group results.

Financial highlights

  • Revenue: ¥13.40 billion, down 17.36% year-over-year.

  • Net loss attributable to shareholders: ¥4.24 billion, loss deepened by 38.48% year-over-year.

  • Operating cash flow: ¥523 million, up 308.40% year-over-year.

  • Gross margin for PV materials and modules declined due to price pressure and overcapacity.

  • Total assets at period end: ¥124.82 billion; shareholders’ equity: ¥26.69 billion.

Outlook and guidance

  • The company expects the PV industry to remain at a cyclical low in H2 2025, with continued price and demand volatility.

  • Focus will remain on cost reduction, operational efficiency, and strengthening core technology (e.g., BC cell technology).

  • Plans to pursue M&A opportunities to address business gaps and enhance competitiveness.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next TCL Zhonghuan Renewable Energy Technology earnings date

Logotype for TCL Zhonghuan Renewable Energy Technology Co Ltd
Q3 2025
LIVE
29 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next TCL Zhonghuan Renewable Energy Technology earnings date

Logotype for TCL Zhonghuan Renewable Energy Technology Co Ltd
Q3 2025
LIVE
29 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

TCL Zhonghuan Renewable Energy Technology Co., Ltd., also known as TCL Zhonghuan, specializes in the research, development, and production of monocrystalline silicon, primarily for the semiconductor and solar energy sectors. The company offers a range of products, including solar mono-crystalline silicon rods and wafers, as well as solar cells and components, which are used in various applications such as integrated circuits, consumer electronics, and new energy vehicles. Additionally, TCL Zhonghuan engages in financial leasing and other related business activities, underscoring its diversified approach within the technology sector. TCL Zhonghuan is a subsidiary of TCL Technology Group Corporation and is headquartered in Tianjin, China. Its shares are listed on the Shenzhen Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage