Sanyuan Material Listed Company Announced 2018 First Quarter Quarterly Report

At the end of April, China's leading Sternary Companies reported their quarterly results for the first quarter of 2018. Judging by their performance, the overall growth rate was different from the previous year, but there were also some cases of decline in some manufacturers. There are many reasons for this. The following small editors mainly take everyone to take stock of these enterprises in the first quarter of material production.

Xiamen Tungsten Industry

Xiamen tungsten industry disclosed the first-quarter performance letters on the evening of April 17, and achieved revenue of 3.415 billion yuan in the first quarter of this year, an increase of 42.81 % year-on-year; Net profit of 30.05 million yuan, down 77.09 % year-on-year; Earnings per share of 0.03 yuan. In the reporting period, the company's tungsten smelting and deep processing mainly used external raw materials, and the use of raw materials from its own mines was reduced. Most of the profits from its own raw materials have not yet been confirmed, so the gross profit rate of the tungsten business fell year-on-year. Sales of lithium materials continued to grow, but the gross margin of products fell from a year earlier as raw material costs rose sharply.

By the end of 2017, Xiamen's tungsten industry's positive material production capacity had reached 20,000 tons, and 50,000 tons of production capacity would be formed by the end of 2018. In the first quarter of 2018, Xiamen's tungsten industry produced and sold three yuan materials and lithium cobalt acid, especially lithium cobalt acid. The discharge volume was obvious and the product was in short supply.

Keheng SHARES

The company's revenue from January to March was 609 million yuan, up 87.18 % from a year earlier, and its net profit of 28.3751 million yuan, up 37.24 % from a year earlier, according to the company's first quarter report. Among them, rare earth luminescent materials achieved operating income of 21.139 million yuan, an increase of 5.71 % year-on-year, lithium electric materials achieved operating income of 397 million yuan, an increase of 82.31 % year-on-year, and lithium ion battery automation production equipment achieved operating income of 167 million yuan, an increase of 94.94 % year-on-year; The company's revenue and net profit both increased significantly in the current period.

As of the end of 2017, the production capacity of Keheng shares: 500 tons/month in Jiangmen, about half of lithium cobalt acid and 523 yuan; About 300 tons/month in Britain and Germany, all of which are three yuan 523 and 622. The second phase of the company's Yingde construction, planned for 5000 tons/year, was completed in March 2018, and 3,000 tons/year of lithium Gaodianya was also under construction. Coheng shares of ternary materials gradually upgraded to the high-end, including power ternary and Gaodianya.

When the technology

When Shengsheng Technology released its report for the first quarter of 2018, the company's first-quarter operating income was 6.0734 million yuan, an increase of 113.76 % year-on-year. The company's sales of lithium positive electrode materials increased significantly year-on-year, and due to changes in the raw material market, the company's product unit price increased significantly. year by year.

By the end of 2017, when the design capacity of the line of technology production reached 14,000 tons per year. (1) Yanjiao Base: 2,000 tons of lithium cobalt acid production capacity, mainly for drones,special models and consumer electronics, NCM523 production capacity of 4,000 tons, half for small lithium, half for power lithium; (2) Haimen Base: Haimen Phase I NCM523 has a production capacity of 2,000 tons; Haimen Phase II Phase I NCM622 has a capacity of 2,000 tons; The second phase of Haimen II, with a capacity of 4,000 tons, was put into production at the end of 2017; Haimen Phase III 18,000 tons NCM811/NCA is currently under construction for a period of 45 months. Shipments grew nearly 80 % year-on-year in the first quarter. In 2017, new customers have been gradually released, and production capacity expansion has progressed steadily. The company in the first quarter of 2018 811 products have been supplied to the vehicle enterprise sample.

Sequoia SHARES

The company issued the 2018 Q1 results announcement. In the first quarter of 2018 announcement, the operating income was 1.813 billion yuan, an increase of 17.94 % year-on-year, and the net profit attributed to shareholders of listed companies was 149.8 million yuan, an increase of 79.54 % year-on-year. Among them, the positive and negative material operating performance growth, and the new energy car business losses narrowed, the company's first-quarter performance growth in the main reason.

By the end of 2017, Sequoia Energy had a production capacity of 48,000 tons of various positive materials. In 2017, the company's three-yuan 622/811 turnkey project at the Shizuishan base in Ningxia produced 7,200 tons of common production lines annually. It was put into trial production at the end of December. March 2018 has been tested. The production line of 100,000 tons in Changsha will be completed by the end of 2018 with a new capacity of 10,000 tons per year. It is expected that by the end of 2018, the company will form an annual production capacity of 63,000 tons. In the first quarter of 2018, the company shipped more than 2,000 tons of positive materials per month.

Rongjie SHARES

Rongjie SHARES reported in the first quarter of 2018 that operating income was 31,857.7 million yuan, a year-on-year decrease of 33.92 %; Net profit attributable to shareholders of listed companies was -4.15 million yuan, down 1455.58 % year-on-year. Basic earnings per share-0.016 yuan. Rongjie SHARES believe that the change in financial data in this period is due to the company's upgrade of imported flexible electronic display products, this period compared with the same period last year, reduced the income of the trade business; In the current period, due to the decrease in the delivery of equipment, the operating income of the lithium battery equipment business fell year-on-year, and the profit of the business sector decreased; Due to the reduction of government subsidy income such as the Levy and refund of value-added tax and the first set of government subsidies related to the lithium power equipment business, the profits of non-main business in this period have decreased.

The company's original lithium cobalt acid production line expanded production capacity in the third quarter of 2017, and the production capacity of lithium cobalt acid reached 3,000 tons/year by the end of the year. In the second quarter of 2018, the company's ternary materials will be put into production.

Grim.

On April 26, Greenland released the 2018 quarterly report. The company's operating income from January to March 2018 was 3.048 billion yuan, an increase of 80.05 % year-on-year; The average operating income growth rate of the new material industry is 39.05 %; The net profit attributable to shareholders of listed companies was 171 million yuan, a year-on-year increase of 68.31 %, and the company's earnings per share was 0.04 yuan. The company said that in the first quarter of 2018, the company's production capacity increased further and released, and sales increased, allowing the company's performance to grow steadily.

By the end of 2017, the company will have a production capacity of 12,000 tons of positive materials(2,000 tons of lithium cobalt acid + 10,000 tons of NCM). At present, it plans to raise 581 million yuan to build a production capacity of 20,000 tons of NCM and 10,000 tons of NCA positive materials. In addition, it is expected that the production capacity will reach by 2020. 45,000 tons. In the first quarter of 2018, the company achieved the expansion of lithium cobalt acid production capacity.

Tian Li Li can

Tianli Lithium's operating income in the first quarter of 2018 was 224 million yuan, a year-on-year increase of 60.84 %; The net profit attributed to shareholders of listed companies was 17.64 million yuan, a year-on-year increase of 27.33 %.

By the end of 2017, the company's three-yuan material production capacity was 12,000 tons, and an additional 8,000 tons of production capacity was added in 2018. It is expected to be released in the second quarter.

From the above three yuan material listed company's performance in the first quarter, the overall performance can be seen. In the first quarter, the cobalt price has reached a record high, and the cost of material manufacturers has been greatly affected. Many three yuan material manufacturers have reduced their 111-type output. With the increase in the demand for high-energy density batteries this year, ternary material manufacturers have increased the output of high nickel products such as 622, 811, and NCA. With the entry into the consumer season in the second quarter, ternary material sales will have a greater degree of improvement.

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