V viewing financial report ｜ Strong demand for lithium salt, the company's half -year net profi

Zhongxin Jingwei, June 8th. Recently, the concept of lithium lithium in salt lake has risen. On the evening of the 7th, Shengxin Lithium could disclose the semi-annual performance forecast. The company is expected to increase by 793.90%-897.04%year-on-year net profit in the first half of the year.

The concept of lithium lithium salt in salt lake rose sharply

Announcement shows that Shengxin Lithium is expected to have a net profit of 2.6 billion yuan to 2.9 billion yuan in the first half of the year, a year-on-year increase of 793.90%- 897.04%; net profit after deduction was 2.597 billion yuan -2897 billion yuan, an increase of 880.32%-993.56%year-on-year. The company said that the significant growth of performance is mainly the rapid development of the new energy industry during the reporting period, the demand for lithium salt in downstream customers has increased strongly, and the sales price of the company's lithium salt has increased significantly compared with the same period of the previous year.

Public information shows that the main business of Shengxin Lithium is divided into two major sections. One is the business of new energy materials, mainly the production and sales of basic lithium salt and rare earth products.

In terms of stock price, one month since May, Shengxin Lithium's stock price has risen by more than 25%.

Not only Shengxin Lithium Energy, the concept of salt lake lithium raising concept has recently risen sharply. Benefiting the recovery of the new energy vehicle market, Wind data shows that from May 5th to June 7th, Tianqi Lithium rose more than 37%, Xianfeng Holdings rose more than 32%, BYD rose nearly 30%, Tibet mining, blue Xiao Technology, Tibet Mount Everest, Zhang Chao Zhang Chao 20%, Jiuwu Hi -Tech, Tibet Urban Investment, Kodak Manufacturing, and Ganfeng Lithium rose more than 10%, and salt lake shares rose nearly 8%.

The agency is optimistic about the valuation of the sector, and the news of the disadvantages of foreign countries

According to the operation of the lithium-ion battery industry disclosed by the Electronic Information Department of the Ministry of Industry and Information Technology, from March to April 2022 , The lithium-ion battery industry continues to maintain rapid growth. According to the calculation of the information and research institutions of the industry specifications, the total lithium battery output in March-April exceeds 95GWh. In the material link, the average price of lithium carbonate and lithium hydroxide was 492,000 yuan/ton and 478,000 yuan/ton, respectively. The overall continued high operation.

The East Asia Research News believes that in the long run, lithium is an important raw material for new energy vehicle batteries. The development of the new energy vehicle industry in the lower reaches, and the demand for lithium materials has continued to increase. At present, downstream demand is expected to recover quickly under policy incentives, and the price of lithium ore auction has continued to reach a record high. In this context, the performance of the lithium sector market is expected to continue to recover.

Shanxi Securities Research Report pointed out that considering that the valuation of the lithium battery sector is at the bottom of recent years, the demand for energy storage has continued to increase, and some areas have begun to subsidize automobile consumption. Essence

However, the latest news shows that the European Union may consider listing lithium as harmful substances.

Reuters reported on June 7 local time that the key role of lithium in electric vehicles has made it an important product to achieve global carbon emissions targets, and was added to the EU's key raw materials list in 2020.However, the European Commission is evaluating a proposal of the European Chemicals Administration (EHCA), which classifies lithium carbonate, lithium lithium chloride and lithium hydroxide into materials that are harmful to human health.

The above reports pointed out that the proposal did not prohibit lithium import, but if legislation, it will increase costs through stricter control processing, packaging and storage.(Zhongxin Jingwei APP)

(The views in the text are for reference only, do not constitute investment suggestions, investment is risky, and you need to be cautious in entering the market.)

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