Eighty percent lithium battery listed company net profit growth three net profit doubled

According to statistics, 11 of the 14 lithium-listed companies that have announced their results in 2017 achieved a year-on-year increase in net profit, accounting for 79%. Among them, Gan Feng lithium industry ranked first, with an increase of 213.95%, while Tianqi Lithium had the highest net profit, exceeding RMB 2.1 billion.

At the same time, the Ningde era, which is still sprinting IPOs, updated its prospectus on the evening of March 12. According to the prospectus, the Ningde era achieved operating income of 19.997 billion yuan in 2017, and the net profit attributable to shareholders of the parent company was 3.972 billion yuan, a year-on-year increase of 31.4%.

The data shows that the top five global power battery sales in 2017 were Ningde Times, Matsushita Electric, BYD, Waterma, and LG Chemical, with sales of 11.84GWh, 10GWh, 7.2GWh, 5.5GWh, and 4.5GWh respectively. The steady growth of major customers such as Beiqi New Energy, Geely, and Yutong New Energy Bus has made the Ningde era a sales success.

The latest news shows that Ningde era defeated LG, Panasonic, Samsung and other well-known battery manufacturers, successfully entered the Volkswagen Group global supply chain, became the power battery supplier of the Volkswagen Group MEB electric vehicle project platform, has determined to obtain 20 billion euro investment Part of the order.

In addition, just before the Jaguar brand's first pure electric vehicle I-PACE is about to be launched in the Chinese market, an informed source told reporters that Jaguar Land Rover is working with the Ningde era for battery cooperation.

Three lithium companies double their net profit

Eighty percent company achieved year-on-year growth

In 2017, the new energy vehicle market entered the post-subsidy era, and the demand for new energy markets increased, stimulating the demand for upstream lithium-ion materials companies, and also benefiting upstream enterprises with relevant metal mineral resources.

According to the statistics of the reporters, 80% of the 14 listed lithium-ion companies achieved a year-on-year increase in net profit. The top three increases were Yanfeng Lithium Industry, Western Mining, and Dangsheng Technology, with an increase of 214%, 160%, and 152% respectively. In terms of net profit, Tianqi Lithium Industry, Yanfeng Lithium Industry, and Guoxuan Hi-Tech and In the top ranking, the net profit reached 2.152 billion yuan, 1.458 billion yuan, and 920 million yuan respectively.

According to Yanfeng Lithium, during the reporting period, the company achieved a total operating income of 4.383 billion yuan and realized a net profit attributable to shareholders of listed companies of 1.458 billion yuan, an increase of 213.95%. According to the company, the main reason for the increase in performance is that RIM spodumene mine began to mine this year, and the company's raw materials are guaranteed. On the other hand, due to the strong demand in the downstream lithium battery market, the upstream battery material industry has been growing rapidly.

Tianqi Lithium Industry, which has a large net profit, said that during the reporting period, the company achieved a total operating income of 5.47 billion yuan and realized a net profit attributable to shareholders of listed companies of 2.152 billion yuan, a year-on-year increase of 42.35%. For the reason that the net profit increased significantly compared with the same period of last year, Tianqi Lithium said that the increase in operating income of lithium products led to a significant increase in gross profit.

It is worth mentioning that in order to meet the continuation mileage and the rationality of the battery arrangement, the major automotive and battery companies in the first two years mainly focused on increasing energy density, resulting in a wide range of ternary materials. Due to the limited space for ternary materials to cut prices, and in the new subsidy policy, the energy density of 115 watt-hours/kg requires lithium iron phosphate batteries to be accessible, making the latter's resurgence inevitable.

The page contains the contents of the machine translation.