On the evening of April 13th,Jiangte MotorRelease 2021performanceExpress, the company realizesOperating incomeAbout 2.982 billion yuan, a year-on-year increase of 61.74%; attributable to listed companiesshareholderofnet profitAbout 387 million yuan, an increase of 2599.21% year-on-year; basic earnings per share was 0.2266 yuan, an increase of 2597.62% year-on-year.
On the same day, the company released the first quarter performance forecast for 2022, saying that it is expected to achieve a net profit of 630 million-680 million yuan attributable to shareholders of listed companies in the first quarter, a year-on-year increase of 760.96%-829.29%; 100 million yuan, a year-on-year increase of 1037.98%-1128.29%.
The reason for the substantial increase in the performance in the first quarter is that during the reporting period, the external environment of the company’s lithium salt business continued to improve, downstream customers’ demand for lithium salt increased, the price of lithium salt products rose significantly, and the company’s lithium salt industry business profit increased significantly compared with the same period last year. .
data shows that,Jiangte MotorAt present, mainly the lithium industry andmotorThere are two business sectors in the industry. Among them, the lithium industry has a good business situation through the company’s strategic layout in recent years and due to the sharp rise in the price of lithium carbonate;motorIndustry, the company has strong brand awareness and high product recognition in the industry, which is the basic disk of the company’s steady profitability.
The company currently has 2 mining rights and 5 exploration rights for lithium china stone mines in Yichun area, with a mining area of nearly 8 square kilometers. According to the statistics of proven reserves in mining areas, the company holds or controls more than 100 million tons of lithium ore resources, ranking the forefront in China. The existing lepidolite mine has an annual mining scale of 1.8 million tons, of which: Yifeng Shiziling Mine has an annual mining capacity of 1.2 million tons and Xinfang Tantalum and Niobium Mine has an annual mining capacity of 600,000 tons. About 1.4 million tons to 1.8 million tons of raw ore can produce 1 ton of lithium carbonate, and the existing mining scale can provide more than 10,000 tons of lithium carbonate output.
The current price of lithium carbonate is 500,000 yuan/ton, whileJiangte MotorThe processing and manufacturing cost is only 70,000 to 80,000 yuan per ton, which has considerable cost advantages and huge profit margins. Therefore, the company is also actively expanding its production capacity. At present, the company currently uses lepidolite to produce lithium carbonate production line of 15,000 tons/year, spodumene to produce lithium carbonate production line of 15,000 tons/year, and also uses spodumene to produce lithium carbonate production line 15,000 tons/year. A production line of 10,000 tons of lithium hydroxide and a production line of 5,000 tons of lithium carbonate are under construction. After all the production capacity is reached, the company’s total lithium salt production capacity can reach 45,000 tons/year.
(Article Source:securitiesDaily Network)