The annual performance of lithium battery industry is expected to increase by 32
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2020/12/18 08:17:15
With the sales volume of new energy vehicles constantly reaching new highs, the demand for lithium batteries is also gradually increasing, which is expected to promote the profit of lithium battery industry to further improve, which has also been verified by multiple data.
The latest sales data released by China Association of Automobile Manufacturers shows that in October 2020, 160,000 new energy vehicles were sold in China, with a year-on-year growth of 113.17% and a year-on-year growth of 15.94%, respectively. Monthly sales in October accounted for 6.22%, and the sales volume increased for four consecutive months.
In addition, the price of lithium iron phosphate.Jiangxi Zhili Technology co., Ltd. released the Price Adjustment Explanation letter on November 19, and the company decided to increase the price of lithium iron phosphate orders by 1000 yuan per ton from November 19.According to data from Baichuan, since mid-November, the average price of lithium iron phosphate has risen from the lowest 33,000 yuan/ton to 35,000 yuan/ton, an increase of about 2,000 yuan/ton.
Open fund chief economist, sea before de-long Yang said in an interview with "securities daily" reporters, "new energy vehicles not only conforms to the development direction of national policy support, and to have the actual demand, new energy vehicles instead of traditional fuel vehicles is the trend of The Times, along with the continuous increase of new energy car sales, the demand of lithium battery plate also rose sharply, driving the rapid growth of industry, leading enterprises in the lithium battery benefit is larger.For the investment opportunities in 2021, it is recommended to pay attention to the allocation opportunities of leading stocks in the lithium battery sector and choose the leading stocks with good fundamentals for layout."
As the fundamentals of the lithium battery industry continue to grow, the medium and long term allocation value advantage of the sector is significant, and brokerage institutions frequently recommend in the investment strategy for 2021.Up to now, according to the incomplete statistics of securities Daily reporters, since November, many brokerage institutions including Zhongyuan Securities, Guoxin Securities and other institutions have released 15 investment strategy reports on the lithium battery industry, and they are generally optimistic about the investment opportunities in this sector in 2021.
"The annual performance of the lithium battery sector is expected to grow in 2020, and the growth rate is expected to continue to increase in 2021."Mou Guohong, an industry strategist at Zhongyuan Securities, pointed out that the net profit of the first three quarters of the industry in 2020 increased slightly by 0.3% year on year, and the full-year performance is expected to grow.The prices of upstream raw materials generally hit bottom and rose, among which the prices of electrolyte related industrial chain first suppressed and then rose significantly;Global smartphone growth is expected to resume in 2021 after a decline of more than 10% in 2020.The concentration of the global power battery industry is increasing. Passenger cars are the main source of China's power battery installed capacity increment, and the share of domestic second-tier power battery companies is significantly increased.Ternary and lithium iron phosphate will coexist in the technical system for a long time.Combined with the price trend of upstream raw materials, sales forecast of smart phones and new energy vehicles, as well as the advantage of China's industrial chain, it is generally expected that the performance growth rate of the sector will increase in 2021.
It can be seen that the fundamental earnings of listed companies in the lithium battery sector have further improved, which has become an important support for many institutions to be optimistic about the allocation opportunity of the sector in 2021.According to the statistics of Flush shun, the reporter of Securities Daily found that among 186 listed companies in the lithium battery industry, a total of 88 companies achieved year-on-year net profit growth in the first three quarters of this year, accounting for nearly 50%.
In terms of annual report performance forecast, up to now, 32 companies have been the first to disclose the annual report performance forecast in 2020, with 16 companies accounting for 50%.Five companies, including Tianci Materials, Arhua Group, Guanghua Technology, BYD and Cangzhou Mingzhu, are all expected to double their full-year net profits in 2020 from the same period last year.
It is worth mentioning that since the fourth quarter of institutions for lithium battery industry research enthusiasm of listed companies, a total of 32 during lithium battery company from institutions intensive research, when science and technology, the star source material during the cumulative participate in research institutions number more than 100, blessed materials, Dali, great energy, chu river during the new material and so on four lithium battery company have been 50 and above cluster research.
By multiple positive boost, November 23, lithium battery plate, its overall rose 2%, great energy, yongxing materials, Macao ocean shun cheong, feng yuan shares, never too technology stocks as harden, nebula stock, Montana high, the sky, elegance group, poetic chemical, jiangxi feng LiYe, jia xin silk and Shi Dasheng China stocks rose by more than 7%, highlights the strong.
"Lithium batteries are mainly used in the consumer electronics market, the power battery market, the energy storage market, etc.The bottom of the global smartphone market has been reached, and the next increment will come from 5G. The smartphone market share will still rise.New energy vehicles have entered the growth stage. With policy support, high growth is expected in 2021.Benefiting from the continuous upward prosperity of the new energy automobile and smart phone industry, the lithium battery market demand is strong. Long-term suggestions focus on two main lines: first, the leading enterprises in the field of lithium batteries and lithium electric materials;Second, the supply chain of auto parts for Tesla."Liu Youhua, a senior researcher at Private Equity Linao, told the securities Daily.
In terms of investment strategy, Mou guohong suggested five main opportunities in 2021: first, leading in the field of power lithium battery and lithium battery key materials;Second, Tesla's domestic supply chain;Third, electrolyte and lithium iron phosphate industry chain;Fourth, lithium battery equipment supply chain;Fifth, new energy vehicles, energy, transportation and other cross-boundary integration of investment opportunities.
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