Yiwei Lithium Energy did not increase the battery price in the first half of the year, and the net profit fell for the first time in three years
On August 25, Yiwei Lithium Energy released its semi annual report for 2022. During the reporting period, the Company achieved an operating income of 14.926 billion yuan, up 127.54% year on year; Net profit attributable to shareholders of the listed company was 1.359 billion yuan, a year-on-year decrease of 9.08%; The net profit attributable to shareholders of the listed company after deducting non recurring profits and losses was 1.194 billion yuan, a year-on-year decrease of 16.22%; The net cash flow from operating activities was 1.81 billion yuan, a year-on-year increase of 441.07%. In the past two years, the revenue of Yiwei Lithium Energy has kept growing. In 2021, the Company will achieve an operating income of about 16.9 billion yuan, with a year-on-year growth of 107.06%; The net profit was about 2.9 billion yuan, up 75.89% year on year. In 2020, the Company will achieve an operating income of 8.162 billion yuan, with a year-on-year growth of 27.3%; The net profit was 1.652 billion yuan, up 8.54% year on year. In the first half of 2022, under the influence of the rising cost of upstream materials, the net profit of Yiwei Lithium will also decline, which is also reflected in the share price. On August 26, Yiwei Lithium Energy closed at 101.30 yuan/share, down 3.39%. In the first and second quarters of this year, the net profits of Yiwei Lithium Energy were 520 million yuan and 840 million yuan respectively. In this regard, Yiwei Lithium Energy said that while the price of lithium metal was rising, it was a benchmark enterprise in the industry, so in the case of economic downturn, it did not make price increase arrangements after communicating with downstream partners. If the lithium carbonate capacity is released in the second half of the year, the pressure on lithium sources will also be reduced. With regard to the growth of revenue, Yiwei Lithium Energy said that the main reason for the year-on-year growth of revenue was that during the reporting period, the company's shipments of square lithium iron phosphate batteries and soft pack ternary batteries increased significantly; In particular, in the energy storage market, the company has strategically taken the lead in the layout of the energy storage market. It has carried out business cooperation with major domestic telecommunications operators, leading enterprises of communication facilities, and multi local power grid companies in the fields of communication energy storage or grid side supporting, and has accumulated a number of domestic and foreign well-known brand customers in the field of household energy storage, industrial and commercial energy storage. At the same time, the substantial growth of Yiwei Lithium Energy's business volume is also inseparable from upstream and downstream collaboration, and its supply chain management advantages are prominent. According to incomplete statistics, through the establishment of joint ventures with German companies such as Nanometer, Beiteri, Huayou Cobalt, Enjie, Zhongke Electric, New Zebang, Jinkunlun, Chuanneng Power and Honeycomb Energy, Yiwei Lithium Energy has distributed anode materials, anode materials, diaphragms, electrolytes, nickel, cobalt, lithium and other upstream resources. This is not only conducive to ensuring the stability of its supply chain, but also can reduce the impact of raw material price fluctuations on its product costs, thus enhancing the company's comprehensive competitiveness.
150Gwh！ China Energy Construction Gezhouba Chuneng Lithium Battery Project started!
On the morning of August 28, the commencement ceremony of the Chuneng New Energy (Yichang) Lithium Battery Industrial Park project, which was implemented by China Energy Construction Gezhouba Group, was held in Longquan Town, Yiling District. It is reported that the total investment of Chuneng New Energy (Yichang) Lithium Battery Industrial Park Project is about 60 billion yuan, and it is planned to build 150Gwh lithium battery capacity. The project will be constructed in four phases, of which 40Gwh capacity will be built in the first phase. After all the projects are put into operation, it is expected to achieve an annual output value of 105 billion yuan, tax revenue of 6 billion yuan, provide about 20000 jobs, and form a large new energy lithium battery production base with an annual industrial output value of more than 100 billion yuan integrating the research, development, manufacturing, and sales of power batteries, energy storage batteries, module PACK, and energy management systems.
The revenue of power battery increased by 631.92% year on year. Xinwangda's semi annual revenue hit a new record
On the evening of August 25, Xinwangda (300207. SZ) officially released the 2022 midterm report. In the first half of the year, the company achieved an operating income of 21.718 billion yuan, a year-on-year increase of 38.49%, which hit a new historical high in the same period; The net profit attributable to the parent company is 372 million yuan, and the non net profit deducted is 247 million yuan; The net cash flow from operating activities was 1.365 billion yuan, a year-on-year increase of 288.72%. During the reporting period, Xinwangda carried out a series of work from multiple dimensions, such as new product research and development, capacity expansion, market expansion, etc., and achieved remarkable business results by taking multiple measures. Under the influence of adverse factors, such as repeated epidemics, uncertainty of the macro situation, and high prices of raw materials, Xinwangda maintained double-digit growth in its income scale, and promoted the sustainable and healthy development of its own consumer battery and power battery industries. The company's market share continued to rise, which also laid a solid foundation for its business development in the second half of the year.