When will the lithium mine in st Xinhai be put into production?

According to the data in the reply announcement of the inquiry letter of the company's annual report in July 1 day, st Xinhai's net cash income in the coming year is 537 million (excluding the possible loss reversal in Tong Jia, Shaanxi Province), and the annualized P/E ratio is only 6 times. According to the company's announcement data, the main profit is expected to be 330 million in 2025, and the price-earnings ratio is only 10 times according to the current market value!

At present, one of the company's main businesses is lithium battery accessories, and the semi-annual report shows that the revenue of lithium battery materials business has surged by 233%. The company holds 65,438+03.9% shares in Suzhou Fluorite Battery Material Co., Ltd., which is mainly engaged in a new lithium salt LiFSI that can replace lithium hexafluorophosphate.

The company has 50,000 square meters of real estate for rent in Suzhou Industrial Park. At present, the annual rental income of this asset is 20 million, but the annual asset accounting valuation is less than 654.38 billion, which is seriously underestimated.