Recently, the half-yearly reports of domestic listed companies have been announced. Affected by the development of new energy vehicles, power lithium-ion batteries and industry chain listed companies reported bright results.

The net profit of Jianrui Volcanic skyrocketed, up 438 times year-on-year

The first electric network incomplete statistics of Greenmax, Ganfeng lithium industry, Fosun Technology, lithium energy, Mangli Technology, Jiangsu Guotai, Desai battery, Oriental Precision, Dansheng Technology, Hengdian Dongmagnetism, Sansun shares, Tianqi lithium industry, Cangzhou Pearl, Xin Wanda, Tianzhi materials, Guoxuan High-tech, New Zuobang, Jianrui Wolong, Chengfei integrated, Dolfo, CITIC Guoan, Aoyang Shunchang 22 power lithium-ion battery and industry chain Listed companies' semi-annual performance.

On the whole, among the 22 listed companies of power lithium-ion battery and industry chain, 18 companies have increased their net profits to different degrees, accounting for 82%. And in 2016, the first electric network collated 13 power lithium-ion battery companies, 11 companies had an increase in net profit, accounting for 85%, and in 2017, 10 of these 13 companies had an increase in net profit, accounting for 77%, down 8% year-on-year.

In terms of operating income, Jiangsu Guotai had operating income of 16.16 billion yuan, much higher than other companies in the first place; Chengfei Integrated had operating income of 572 million yuan, much lower than other companies in the last place. The operating income of Jianrui Volcanic, Xinwanda, Desai Battery, Grimei and Sansun exceeded 3 billion yuan.

In terms of net profit, Tianqi Lithium, Ganfeng Lithium, Jianrui Wolong, Guoxuan High Tech and Jiangsu Guotai ranked in the top five, while Mastodon Technology, Fosun Technology and Chengfei Integrated ranked in the bottom three. In terms of net profit growth, Jianrui Wolong net profit soared, up 43,772.27% year-on-year, much higher than other listed companies. Oriental Precision, Dansheng Technology, Yiwei Lithium, Mangli Technology, Ganfeng Lithium and other companies net profit growth rate of more than 1-2 times. Guoxuan Hi-Tech, Tianzhi Material, Duofuiduo and Chengfei Integrated net profit all fell to varying degrees, and Chengfei Integrated net profit fell by as much as 94.5%.

Watermark's power lithium-ion battery business rose 1 times year-on-year

Among the 22 power lithium-ion battery companies, in addition to Fosun Technology and Desai Battery, the other 20 companies' semi-annual reports mentioned the power lithium-ion battery business income. Votoma's power lithium-ion battery business had the highest operating income, amounting to 5.289 billion yuan, up 128.31% year-on-year.

In terms of operating income growth rate, 18 companies' semi-annual reports mentioned the increase or decrease of power lithium-ion battery operating income. Billion lithium, Greenmax, Jianrui Volcanic revenue rose more than 1 times year-on-year. Guoxuan High-tech, Tianzhi materials, Xin Wanda, Cangzhou Pearl, Chengfei integration, Ganfeng lithium operating income have different degrees of decline.

Power lithium-ion battery is becoming the biggest engine of lithium-ion battery in China

From the perspective of the three major consumer terminals of lithium-ion battery, power lithium-ion battery is becoming the biggest driving engine of lithium-ion battery in China. According to the statistics of Gaogong Industrial Research Institute, the output of power lithium-ion battery in China in the first half of the year was 18.39Gwh, up 42.9% year-on-year. Benefiting from the rapid rise in demand for power lithium-ion batteries, the domestic cathode material output was 93,870 tons in the first half of 2017, an increase of 44% year-on-year. The output of anode materials was 66,200 tons, an increase of 40% year-on-year. Electrolyte production was 43,230 tons, an increase of 9% year-on-year.

At the same time, analysis of various types of new energy vehicles about the demand for power lithium-ion batteries, ternary batteries in new energy passenger cars and special vehicles occupy a mainstream position, lithium-iron phosphate batteries in the new energy bus dominant position, about the power lithium-ion battery companies, the current industrial pattern of lithium-iron phosphate batteries has been relatively clear, showing a strong situation, while the ternary battery production There are many companies but production is concentrated in the low-end, high-end products are relatively scarce.

With the explosion of new energy vehicles and energy storage market demand, the demand for heat driven by investment fever, according to incomplete statistics as of the end of June 2017 domestic mainstream power lithium-ion battery companies have invested and in investment production has reached about 100GWh, with the continuous release of production, there may be a phase of excess production risk.