Lithium battery raw material prices skyrocket -Lithium - Ion Battery Equipment
There is no doubt that the hottest track in the capital market this year is new energy. As the "heart" of new energy vehicles, power lithium-ion batteries have attracted more attention.
On November 22, CATL, the world's largest lithium-ion battery supplier, closed at 681.00 yuan per share, a record high, with a market value of 1.59 trillion yuan, second only to Kweichow Moutai in A-shares. Previously, the 58.2 billion "sky-high" fixed increase method of the CATL set a record for A-share private companies, which set off a heated market discussion.(Lithium - Ion Battery Equipment)
The expansion of lithium-ion battery "one brother" is frequent, and at the same time, the price of raw materials has skyrocketed, which has seen the turbulent lithium battery industry.
Yu Qingjiao, secretary-general of the Zhongguancun New Battery Technology Innovation Alliance and chairman of the Battery Hundred People's Association, told Fengkou Finance and Economics: "At present, the top companies have entered a new round of investment and expansion peaks, and the second- and third-tier brands are also catching up with the first-tier companies. Power lithium-ion The global pattern of batteries may usher in a major change."
A huge increase of 45 billion yuan, the trillion giants are still short of money?
From January to August this year, the global battery usage of CATL was 49.1GWh, with a market share of over 30%, ranking first in the world. Its third quarterly report shows that in the first three quarters of 2021, the company's revenue reached 73.362 billion yuan, a year-on-year increase of 132.73%; the net profit attributable to the parent was 7.751 billion yuan, a year-on-year increase of 130.9%. In addition, in the first three quarters, its net inflow of operating cash flow was 28.686 billion yuan, and the book money fund had 80.735 billion yuan, far exceeding the total revenue.
It can be seen from the above data that the Ningde era has rich capital reserves and strong hematopoietic capacity.
However, the "not bad money" CATL announced in August that it would set an increase of 58.2 billion yuan, equivalent to its total net profit in the past 10 years, setting a record for fundraising by A-share private companies, causing many doubts. On the evening of November 15, CATL announced that it would lower the total amount of funds raised to 45 billion yuan.
Fengkou Finance and Economics found that the adjusted fixed increase method reduced 2 projects, namely the Ningde Times Huxi Li-ion Battery Expansion Project (Phase II) and the supplementary working capital of 9.3 billion yuan. Ningde Times explained that in order to improve the efficiency of capital use, the raised funds were invested in production construction projects and R&D projects. The scale of the investment project, the company's financial situation and other factors were comprehensively considered, and the fixed increase fundraising method was adjusted.
In fact, since the beginning of this year, the competition among global lithium-ion battery manufacturers has been fierce. The South Korean government has previously announced that it will invest 35 billion US dollars (223.332 billion yuan) by 2030 to develop its own electric vehicle battery industry to compete with the already dominant Chinese and Japanese companies; U.S. battery energy storage industry manufacturers receive 11.4 billion US dollars (72.742 billion yuan) financing.
"The speed of self-produced batteries by multinational auto giants is accelerating, and second- and third-tier brands are also catching up with first-tier companies. The global pattern of power lithium-ion batteries may usher in big changes in the future. At the same time, the power lithium-ion battery industry has entered a new round of investment and expansion. At the peak, the fields of equipment and materials benefited first, and the whole industry chain set off a wave of production expansion, but after the last round of deep reshuffle, investment and production expansion were mainly concentrated in leading companies." Zhongguancun New Battery Technology Innovation Alliance Secretary General, Battery Hundred People Chairman Yu Qingjiao said.
The Lithium Battery Research Institute (GGII) of the High-tech Industrial Research Institute predicts that the global power and energy storage battery shipments will reach 1,516GWh in 2025. At that time, if CATL wants to retain 30% of the market share and achieve 455GWh of battery sales, considering other fluctuation factors, CATL will have to achieve 520GWh of production at least before 2025. According to the announcement of CATL, it currently has a gap of 280GWh from the target production.
On November 22, CATL, the world's largest lithium-ion battery supplier, closed at 681.00 yuan per share, a record high, with a market value of 1.59 trillion yuan, second only to Kweichow Moutai in A-shares. Previously, the 58.2 billion "sky-high" fixed increase method of the CATL set a record for A-share private companies, which set off a heated market discussion.(Lithium - Ion Battery Equipment)
The expansion of lithium-ion battery "one brother" is frequent, and at the same time, the price of raw materials has skyrocketed, which has seen the turbulent lithium battery industry.
Yu Qingjiao, secretary-general of the Zhongguancun New Battery Technology Innovation Alliance and chairman of the Battery Hundred People's Association, told Fengkou Finance and Economics: "At present, the top companies have entered a new round of investment and expansion peaks, and the second- and third-tier brands are also catching up with the first-tier companies. Power lithium-ion The global pattern of batteries may usher in a major change."
A huge increase of 45 billion yuan, the trillion giants are still short of money?
From January to August this year, the global battery usage of CATL was 49.1GWh, with a market share of over 30%, ranking first in the world. Its third quarterly report shows that in the first three quarters of 2021, the company's revenue reached 73.362 billion yuan, a year-on-year increase of 132.73%; the net profit attributable to the parent was 7.751 billion yuan, a year-on-year increase of 130.9%. In addition, in the first three quarters, its net inflow of operating cash flow was 28.686 billion yuan, and the book money fund had 80.735 billion yuan, far exceeding the total revenue.
It can be seen from the above data that the Ningde era has rich capital reserves and strong hematopoietic capacity.
However, the "not bad money" CATL announced in August that it would set an increase of 58.2 billion yuan, equivalent to its total net profit in the past 10 years, setting a record for fundraising by A-share private companies, causing many doubts. On the evening of November 15, CATL announced that it would lower the total amount of funds raised to 45 billion yuan.
Fengkou Finance and Economics found that the adjusted fixed increase method reduced 2 projects, namely the Ningde Times Huxi Li-ion Battery Expansion Project (Phase II) and the supplementary working capital of 9.3 billion yuan. Ningde Times explained that in order to improve the efficiency of capital use, the raised funds were invested in production construction projects and R&D projects. The scale of the investment project, the company's financial situation and other factors were comprehensively considered, and the fixed increase fundraising method was adjusted.
In fact, since the beginning of this year, the competition among global lithium-ion battery manufacturers has been fierce. The South Korean government has previously announced that it will invest 35 billion US dollars (223.332 billion yuan) by 2030 to develop its own electric vehicle battery industry to compete with the already dominant Chinese and Japanese companies; U.S. battery energy storage industry manufacturers receive 11.4 billion US dollars (72.742 billion yuan) financing.
"The speed of self-produced batteries by multinational auto giants is accelerating, and second- and third-tier brands are also catching up with first-tier companies. The global pattern of power lithium-ion batteries may usher in big changes in the future. At the same time, the power lithium-ion battery industry has entered a new round of investment and expansion. At the peak, the fields of equipment and materials benefited first, and the whole industry chain set off a wave of production expansion, but after the last round of deep reshuffle, investment and production expansion were mainly concentrated in leading companies." Zhongguancun New Battery Technology Innovation Alliance Secretary General, Battery Hundred People Chairman Yu Qingjiao said.
The Lithium Battery Research Institute (GGII) of the High-tech Industrial Research Institute predicts that the global power and energy storage battery shipments will reach 1,516GWh in 2025. At that time, if CATL wants to retain 30% of the market share and achieve 455GWh of battery sales, considering other fluctuation factors, CATL will have to achieve 520GWh of production at least before 2025. According to the announcement of CATL, it currently has a gap of 280GWh from the target production.
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