"Making money" is the key word of lithium battery industry in the first three quarters of this year. From the perspective of the industry as a whole, 7 1 of 79 lithium-ion concept stocks only achieved revenue growth, accounting for nearly 90%. * * * There are 30 companies with operating income exceeding 654.38+00 billion yuan, accounting for 37.97%.
As far as individual companies are concerned, Contemporary Ampere Technology Co., Ltd. and BYD are worthy of being "star companies". Salt Lake shares ranked first with a return on net assets of 76.96%, becoming the "most profitable company". "Best Progress Award" should be awarded to Tianqi Lithium Industry Company 3354. In the first three quarters, the company achieved a five-fold year-on-year increase in operating income, a 29-fold year-on-year increase in net profit attributable to the mother, and a 123-fold year-on-year increase in non-net profit.
Who is the star? Contemporary Ampere Technology and BYD have become "super-first-line companies", and 90% of the company's share prices have been adjusted back.
What is the market structure of lithium battery enterprises today?
Wind's data shows that according to the market value ranking at the close of 65438+1October 28, Contemporary Ampere Technology Co., Ltd. is the first lithium battery concept stock, with a market value of 89199.2 billion yuan, far ahead. BYD ranked second with a market value of 434.954 billion yuan, which also opened the gap with other companies. The above two companies have become "super-first-line companies" in lithium battery concept stocks.
There are five first echelons, distributed in the range of 100 billion yuan.
At present, the leading company is Yiwei Lithium Energy, with a market value of 65.438+058.472 billion yuan, ranking third. The market value of Tianqi Lithium Industry, En Jie, Ganfeng Lithium Industry and Yanhu shares all ranged from 654.38+00 billion yuan to 654.38+04 billion yuan, ranking fourth to seventh respectively.
Years ago, Yiwei Lithium could choose to join the e-cigarette industry. By July 2020, Yiwei Lithium Energy Company will be listed in Hong Kong under the name of "Small International", and Yiwei Lithium Energy still holds 32.62% of the shares. With this listing, the share price of Pan Xiao International soared within half a year, creating a "wealth myth". On October 22nd, 2002165438+/KLOC-0, the market value reached a record high of HK$ 496.782 billion.
The share price of Yiwei Lithium Energy, which is "bound" with Cui Yimu International, has also soared. By the close of 202 1, 1 1, the closing market value of Yiwei Lithium Energy once reached 282.365 billion yuan, a record high.
Among the top 100 richest people in China in 20021published by Forbes, the Liu Jincheng family of Yiwei Lithium Energy ranked 46th with 74 1 100 million yuan, an increase of 98.7% over the wealth of 37.3 billion yuan in 2020.
However, it should be noted that since the beginning of this year, the share price and market value of lithium battery concept stocks have declined.
Not to mention that the market value of Yiwei lithium energy has fallen by more than 6543.8+000 billion compared with the highest point. Of the 79 concept stocks, from the beginning of this year to the closing price range of 10 on October 30, only 5 stocks rose, and the rest all fell.
Who makes the most money: the return on net assets of Salt Lake shares is close to 80%. Funeng Technology's revenue growth is still at a loss.
In every earnings season, "who earns the most money" is often one of the issues that investors are most concerned about, and so is the third quarter of this year.
From the perspective of operating income, BYD and Contemporary Ampere Technology can be called "multi-heroes". In the first three quarters, the operating income was 267.687 billion yuan and 265.438+0.034 billion yuan, respectively, occupying the top two in the list, and the volume was far behind other companies.
Sinochem International, Huayou Cobalt, Xiamen Tungsten, Xinwangda, Jiangsu Guotai, Tianneng, Ganfeng Lithium and Western Mining fought between 20 billion yuan and 70 billion yuan, ranking third to tenth. Also in this range are Tianqi Lithium Industry, Yiwei Lithium Energy, Salt Lake, Greenwich and many other companies.
In the first three quarters, the operating income of 30 of the 79 lithium battery concept stocks exceeded 654.38 billion yuan, accounting for 37.97%.
Judging from the net profit returned to the mother in the first three quarters, BYD has achieved the first operating income, but the net profit of 93110 million yuan can only rank fifth. Contemporary Ampere Technology Co., Ltd. earned a net profit of 1 75.8+0 billion yuan by virtue of its second-ranked operating income.
In addition, the operating income of Tianqi Lithium Industry, Ganfeng Lithium Energy and Yanhu Co., Ltd. are all within the range.
20 19 Salt Lake released an annual performance forecast, saying that the company expected a loss of 43.2-47.2 billion yuan for the whole year, which once made Salt Lake a new "loss king" in the A-share market, leaving behind the previous annual loss record of18184 million yuan maintained by LeTV. After 202 1 Salt Lake shares re-listed, the company's share price and performance rose sharply.
However, in the first three quarters of this year, lithium battery enterprises still presented "two worlds of ice and fire". In the context of rising volume and price in Qi Fei, there are still companies that have increased their income, but their profits are unprofitable or meager. Among 79 companies, Funeng Technology and Guo Xuan Hi-Tech are at the bottom.
Among them, Funeng Technology achieved an operating income of 8.63 billion yuan and a net loss of 270 million yuan. Guo Xuan Hi-Tech realized an operating income of 65.438+04.426 billion yuan, but the net profit attributable to the parent company was only 65.438+050 billion yuan, and the non-net profit was deducted as follows.
Who made the biggest progress: nearly 90% of the company's revenue increased, and Tianqi Lithium's non-net profit surged by 1.23 times.
The "Best Progress Award" in the first three quarters of this year will be awarded to Tianqi Lithium Industry.
Overall, 7 1 of the 79 lithium-ion concept stocks only achieved revenue growth, accounting for nearly 90%. Tianqi Lithium ranked first in three indicators: operating income increased by 5 times, net profit returned to the mother increased by 29 times, and non-net profit increased by 1.23 times.
Since 2065438+2008, when the lithium salt company SQM was acquired by 26 billion yuan, Tianqi lithium industry has experienced a "trough period" of two years.
For the good performance in the first three quarters of this year, Tianqi Lithium introduced that the reason for the sharp increase in the company's net profit was mainly that the sales volume and average selling price of lithium products increased compared with the same period of last year. In addition, the performance of the company's affiliated company SQM in the third quarter of 2023 will increase substantially year-on-year, and the investment income of the affiliated company confirmed by the company in this reporting period will increase significantly compared with the same period of last year.
The above-mentioned people said that in the next few years, the elimination of the lithium battery industry will accelerate. Leading companies such as Tianqi Lithium Industry have better production resources, and the production capacity will only be in short supply. However, if the technology of products produced by smaller enterprises is insufficient and the threshold is low, there will be serious overcapacity.
Judging from the growth rate of net profit of returning to the mother, the growth rate of 498.30% of Ganfeng Lithium Industry is also very impressive.
Looking back, GanFeng
Li, chairman of Lithium Industry, recently published an open letter saying that there have been several crises in the history of Ganfeng. When the volume is still very small, Ganfeng lithium industry can still ensure normal production after turning over and over, but with the expansion of its scale, the resource problem is like a knife hanging over its head. When it falls, it is the end of the enterprise.
Therefore, since 20 1 1, Ganfeng Lithium has invested in cost-effective resources on a global scale with the help of two listings and multiple issuances. In the early years, the investment strategy of Ganfeng Lithium Industry was mainly to run in small steps and make steady progress. Therefore, although it is difficult to see any huge project investment in Ganfeng, the resource reserves of Ganfeng have gradually ranked among the top in the world in the past decade.
Perhaps it is under the stimulation of performance that lithium battery companies have increased their horsepower expansion. A year ago, there were 16 enterprises in * *, among which Contemporary Ampere Technology Co., Ltd. topped the list with a huge fundraising of 45 billion yuan, and Guo Xuan Hi-Tech ranked second.
In fact, the entire lithium battery industry is expanding, and now there is a trend of expanding its reach both upstream and downstream.
Recently, Tianqi Lithium Industry, which is addicted to mining, spent 654.38+billion yuan to subscribe for the shares of Zhongchuang Xinhang, a lithium battery enterprise. The news that upstream Shengtun Mining and Weiming Environmental Protection Company jointly built a 654.38+096.5438+ billion lithium battery project came frequently. At the same time, Yiwei Lithium Energy and Ganfeng Lithium Industry have also continuously extended the investment in upstream and downstream industrial chains.
Regarding whether the industry's continuous overweight will lead to overcapacity, Duan Zhiqiang analyzed that the lithium battery industry also has peaks and valleys, but in the final analysis, the risk of overcapacity in the future mainly lies in some enterprises with unqualified quality and eliminated technical routes. For industry giants who can meet the market demand, investment opportunities far outweigh the risks.
Related question and answer: What is the difference between profit and profit? First, the nature is different.
1. Profit is a Chinese word, pronounced yíng lì, meaning numerous benefits; Profits. It also refers to a capability index of enterprises, individuals or commercial organizations.
2. Profit-making is a Chinese word, pronounced as yíng lì, which refers to obtaining economic benefits by obtaining money, finance, services, etc. As capital. Seek profit.
Second, the parts of speech are different.
1 and "profit" are often used as nouns. Modern Chinese Dictionary thinks it is equivalent to "profit", and the first meaning of "profit" is "profit of enterprise units". In real life, "profit" can also refer to general profit, such as "store profit".
2. Profit is only used as a verb. Modern Chinese Dictionary interprets it as "making profits", which refers to the whole process of making profits through operation.
Third, the use of different occasions.
1. Profitability is mainly used in companies and other occasions, reflecting the results or means adopted after the game.
2. Profit is mainly an accounting term, which emphasizes the profit and loss of enterprise books.