Current status of power lithium battery companies -Lithium - Ion Battery Equipment
Everyone said that the subsidy decline and raw material price fluctuations made life difficult for power lithium battery companies. The information disclosed in the interim performance forecast or announcement of the listed company confirmed that this is the case.
The reporter sorted out the announcements or mid-year report information of 8 listed power lithium battery and related materials companies. Many companies have declining profit margins. On the other hand, those companies that attach importance to technology research and development are constantly seizing the market. The phenomenon has become obvious.(Lithium - Ion Battery Equipment)
The reasons for the rise and fall are different
Among the 9 companies, Narada's performance is very eye-catching. The announcement shows that Narada is expected to increase by 90% to 120% in the first half of 2018. One of the reasons is that the sales revenue of lithium battery products has increased significantly and the profit contribution has increased. Narada Power belongs to the increase in profits brought about by the substantial increase in production and sales.
Penghui Energy is expected to increase by 55% to 80%. The announcement stated that Penghui Energy is actively exploring the market, and sales revenue continues to rise. At the same time, it strengthens internal management and strictly controls costs. The rise of Penghui Energy also benefited from withstood the market test.
According to the interim report of Desay Battery, the interim profit rose by 16.49%. Desay Battery stated in the announcement that the company's traditional advantageous business continued to maintain a good upward trend, and the number and amount of product sales both maintained a year-on-year increase. At the same time, Desay Battery pointed out that the industry competition is fierce, the cost of some materials has risen, and the gross profit margin of products has declined.
Polyfluoride achieved a net profit of 130 million yuan, but it fell by 13.26% year-on-year. Polyfluoride analyzed the reasons and said that due to factors such as the decline in subsidies for new energy vehicles and the decline in demand for lithium salts, the price of lithium hexafluorophosphate decreased to a certain extent, and the product was profitable. Capacity declines and gross profit margins decrease.
Yiwei Lithium Energy achieved a profit of 159 million yuan, and the profit margin decreased by 31.72%. The reason is that the disposal income of the transfer of the controlling stake of Shenzhen Microwell Co., Ltd. was 122.4433 million yuan in the same period of last year.
The decline in CATL's profit margin was also due to the disposal gain from the transfer of equity in Beijing Pride New Energy Battery Technology Co., Ltd. in the same period last year. As a power lithium battery company, CATL has attracted a lot of attention. From the perspective of market performance, CATL has continuously received new orders and has become the first company in terms of power lithium battery shipments in my country.
Mengshi Technology not only lost profits, but also experienced a relatively large decline in profit margins. The announcement stated that the business development of various sectors such as lithium-ion batteries, clean power, and new energy vehicles was not as expected. The operating income in the first half of the year was only about 50% of the same period of the previous year, while the fixed costs remained roughly at the level of the same period of the previous year; lithium-ion battery business The planned large order failed to land at the expected time, which affected the realization of the forecast performance; due to the major changes in the new energy vehicle subsidy policy at the beginning of the year, the subsidiaries Taizhou Taiying Electric Vehicle Co., Ltd. and Dongfeng Yulon Automobile Co., Ltd. The vehicle jointly developed by the company is difficult to achieve profitability.
The situation of Rongjie shares is not ideal. The interim report shows a loss of more than 3 million yuan, and the profit margin has dropped by 597.88%. The company said that the decrease in the delivery of lithium-ion battery equipment has led to a year-on-year decrease in the operating income and profit of the business. Due to the continuous fall in the market price of lithium salt products, the profit of the lithium salt processing and smelting business has declined simultaneously.
Double pressure accelerates company differentiation
The decline in subsidies for new energy vehicles has largely led to a decline in the profits of related companies.
According to the financial report of Yutong Bus, my country's largest bus company in the first quarter of this year, the operating income in the first quarter was 4.659 billion yuan, a year-on-year increase of 20.44%; the net profit was 295 million yuan, a year-on-year decrease of 6.81%.
The reporter sorted out the announcements or mid-year report information of 8 listed power lithium battery and related materials companies. Many companies have declining profit margins. On the other hand, those companies that attach importance to technology research and development are constantly seizing the market. The phenomenon has become obvious.(Lithium - Ion Battery Equipment)
The reasons for the rise and fall are different
Among the 9 companies, Narada's performance is very eye-catching. The announcement shows that Narada is expected to increase by 90% to 120% in the first half of 2018. One of the reasons is that the sales revenue of lithium battery products has increased significantly and the profit contribution has increased. Narada Power belongs to the increase in profits brought about by the substantial increase in production and sales.
Penghui Energy is expected to increase by 55% to 80%. The announcement stated that Penghui Energy is actively exploring the market, and sales revenue continues to rise. At the same time, it strengthens internal management and strictly controls costs. The rise of Penghui Energy also benefited from withstood the market test.
According to the interim report of Desay Battery, the interim profit rose by 16.49%. Desay Battery stated in the announcement that the company's traditional advantageous business continued to maintain a good upward trend, and the number and amount of product sales both maintained a year-on-year increase. At the same time, Desay Battery pointed out that the industry competition is fierce, the cost of some materials has risen, and the gross profit margin of products has declined.
Polyfluoride achieved a net profit of 130 million yuan, but it fell by 13.26% year-on-year. Polyfluoride analyzed the reasons and said that due to factors such as the decline in subsidies for new energy vehicles and the decline in demand for lithium salts, the price of lithium hexafluorophosphate decreased to a certain extent, and the product was profitable. Capacity declines and gross profit margins decrease.
Yiwei Lithium Energy achieved a profit of 159 million yuan, and the profit margin decreased by 31.72%. The reason is that the disposal income of the transfer of the controlling stake of Shenzhen Microwell Co., Ltd. was 122.4433 million yuan in the same period of last year.
The decline in CATL's profit margin was also due to the disposal gain from the transfer of equity in Beijing Pride New Energy Battery Technology Co., Ltd. in the same period last year. As a power lithium battery company, CATL has attracted a lot of attention. From the perspective of market performance, CATL has continuously received new orders and has become the first company in terms of power lithium battery shipments in my country.
Mengshi Technology not only lost profits, but also experienced a relatively large decline in profit margins. The announcement stated that the business development of various sectors such as lithium-ion batteries, clean power, and new energy vehicles was not as expected. The operating income in the first half of the year was only about 50% of the same period of the previous year, while the fixed costs remained roughly at the level of the same period of the previous year; lithium-ion battery business The planned large order failed to land at the expected time, which affected the realization of the forecast performance; due to the major changes in the new energy vehicle subsidy policy at the beginning of the year, the subsidiaries Taizhou Taiying Electric Vehicle Co., Ltd. and Dongfeng Yulon Automobile Co., Ltd. The vehicle jointly developed by the company is difficult to achieve profitability.
The situation of Rongjie shares is not ideal. The interim report shows a loss of more than 3 million yuan, and the profit margin has dropped by 597.88%. The company said that the decrease in the delivery of lithium-ion battery equipment has led to a year-on-year decrease in the operating income and profit of the business. Due to the continuous fall in the market price of lithium salt products, the profit of the lithium salt processing and smelting business has declined simultaneously.
Double pressure accelerates company differentiation
The decline in subsidies for new energy vehicles has largely led to a decline in the profits of related companies.
According to the financial report of Yutong Bus, my country's largest bus company in the first quarter of this year, the operating income in the first quarter was 4.659 billion yuan, a year-on-year increase of 20.44%; the net profit was 295 million yuan, a year-on-year decrease of 6.81%.
