In February, major aluminum enterprises issued pre-growth reports one after another. In 2021, they experienced a crazy moment of rising aluminum prices, as well as a dark moment of limiting production and electricity. Among the 17 listed aluminum enterprises that have been counted so far, only one company has suffered losses, 16 enterprises have shown varying degrees of profit growth, three of them have turned losses into profits, and 7 may achieve year-on-year growth of 100%. Among them, Shenhuo shares firmly ranked first with an increase of 747.04%.
The growth rate of the industry development dividend period is obvious in the second and third quarters.
Among the enterprises that have issued performance forecasts, the growth in net profit in the second and third quarters has become the main driving force driving the net profit income for the whole year. This fluctuation is closely related to the overall market changes in 2021, which is driven by frequent production cuts on the supply side and low domestic inventories in 2021, aluminum prices fluctuated upward, hitting an all-time high in October, and the production and sales of major aluminum enterprises all increased greatly, with large profit margins. However, with the influence of the double control of energy consumption and the restriction of electricity and production after October, the price of aluminum withdrew rapidly, and with the reduction of production capacity, the reduction of output directly affected the overall profits of the major enterprises.
On January 14, Xinjiang Zhonghe disclosed its pre-increase data for 2021 results. It is expected that the net profit attributed to shareholders of listed companies in 2021 will increase by 400 million yuan to 4.7 yuan compared with the same period last year, an increase of 114% to 134% compared with the same period last year. The net profit of shareholders of Zhonghe in Xinjiang is 351 million yuan in 2020, and the net profit in the first three quarters of 2021 has reached 590 million yuan, exceeding the whole year of 2020. In the analysis of the reasons for the pre-increase in performance, Xinjiang Zhonghe said that in 2021, the market demand for aluminum foil materials for aluminum electrolytic capacitors was strong, and the sales volume and prices of electronic aluminum foil products and electrode foil products increased compared with the same period last year. At the same time, aluminum prices rose compared with the same period last year, and the sales prices of high-purity aluminum products, alloy products and aluminum products based on aluminum prices increased to a certain extent compared with the same period last year. It has driven the growth of sales revenue.
"check details: Xinjiang Zhonghe: the net profit in 2021 is expected to increase by 114% over the same period last year, and the market demand for aluminum foil materials is buoyant.
Yunnan Aluminum Co., Ltd. previously disclosed a pre-increase report on its results, saying that the results in 2021 are expected to achieve a net profit of 3.28 billion yuan to 3.4 billion yuan attributable to shareholders of listed companies, an increase of 263.41% Murray 276.71% over the previous year. Yunnan Aluminum Co., Ltd. said that due to the rise in aluminum commodity prices in 2020, the company's operating results increased in 2021 compared with the same period last year. However, affected by the double control policy of energy consumption in the second half of the year, the situation of power restriction and production restriction is serious, and the annual production and sales of aluminum commodities did not meet the target set at the beginning
"check details: Yunnan Aluminum Co., Ltd.: year-on-year performance increase of 263.41% 276.71% in 2021% failed to meet the annual target on schedule.
Chinalco said in a previous pre-earnings announcement that the company expects to achieve a net profit of 4.9 billion yuan to 5.3 billion yuan for shareholders belonging to listed companies in 2021, an increase of 561% to 615% from a year earlier. Chinalco said that on the one hand, it grasps the market opportunity of the high aluminum price, on the other hand, it takes the enhancement of value creation ability as the leader and the deepening of all-factor alignment as the starting point, and pays close attention to reducing cost, increasing efficiency and improving management efficiency, realizing a substantial increase in gross profit of its main products compared with the same period last year.
"check details: aluminum Corporation of China: year-on-year growth of 561% to 615% in 2021 the growth rate in the second and third quarters significantly led to an increase in annual results.
Mingtai Aluminum issued a performance pre-increase announcement, saying that benefiting from the state's support for the development of new energy, the market demand for aluminum plate, strip and foil is hot this year. It is estimated that the net profit of shareholders belonging to listed companies in 2021 is 1.85 billion yuan to 1.95 billion yuan, an increase of 73% to 82% over the same period. Relevant personnel of the company told the Financial Associated Press that the company is currently under construction of more projects, with the release of new production capacity, 2022 performance growth is sustainable.
"check details: repeatedly raise processing fees for aluminum sheet production and sales Liangwang Mingtai Aluminum Industry 2021 performance pre-increase by more than 70%
Tianshan Aluminum announced that it is expected to make a net profit of 3.83 billion yuan in 2021, an increase of 100.28% over the same period last year. The average price of aluminum ingots rose sharply in 2021, about 33.6% higher than the same period last year. Tianshan Aluminum Industry has a relatively complete industrial chain from upstream resources to downstream processing, which effectively realizes cost control and profit improvement, and the company actively organizes production during the reporting period. Electrolytic aluminum, high purity aluminum, alumina, power generation, carbon and other stable production at full load.
"check details: Tianshan Aluminum Industry: net profit is expected to increase by 100.28% year on year in 2021. The advantage of the whole industry chain is obvious.
Starfish shares disclosed a pre-increase report on its annual results in 2021, and the net profit attributed to shareholders of listed companies is expected to reach 218 million yuan to 222 million yuan in 2021, an increase of 73.15% to 76.33% over the same period last year. Starfish Co., Ltd. focuses on the research and development, production and management of electrode foil for aluminum electrolytic capacitors, and the growth of production and sales drives the growth of performance.
"the performance of starfish shares in 2021 increased by 73.15% to 76.33% compared with the same period last year, and is optimistic about the future market development.
Ningbo Fubon announced its annual profit forecast that the net profit attributed to shareholders of listed companies will be 2.7 million yuan to 4 million yuan in 2021, a turnaround from losses to profits in the same period last year. According to statistics, the net profit attributed to shareholders of listed companies in the first quarter was-750000 yuan, the cumulative net profit in the first half was-660000 yuan, and the net profit in the third quarter reached 1.655 million yuan. It is estimated that the net profit in the fourth quarter is expected to be 1.709 million yuan to 3.009 million yuan. Ningbo Fubon said in the announcement that during the reporting period, the company's aluminum processing business and trade plate as a whole achieved a smooth operation, each single enterprise maintained a certain profit level.
"check details: Ningbo Fubon: net profit in 2021 will turn from deficit to profit year on year and grow rapidly in the fourth quarter.
Wanshun Xincai previously issued a performance notice, revealing that the annual results in 2021 are expected to be attributed to listed companies with a net profit loss of 33 million yuan to 48 million yuan, down 142.8% 162.25% from the previous year. Wanshun Xincai said that during the reporting period, the first phase production project of high-precision electronic aluminum foil and the construction project of high resistance diaphragm material production base were gradually put into production in December 2021, and economies of scale have not yet been formed in the reporting period due to the short production time.
"check details: Wanshun new materials: performance pre-loss in 2021 decreased by 142.8% Mel 162.25% high-precision electronic aluminum foil project first put into production.
Green low-carbon aluminum and recycled aluminum track
With the implementation of the dual-carbon policy, the electrolytic aluminum industry, as a high energy consumption industry, has been affected first, so the limitation of electrolytic aluminum production capacity has once become a "key point" in front of the major aluminum enterprises. At this time, low-carbon green hydropower aluminum and recycled aluminum enter the industry vision and are given more expectation and attention. Therefore, enterprises with green low-carbon aluminum production and recycled aluminum enterprises take advantage of this wave of industry wind to achieve rapid performance growth in 2021.
Shunbo alloy released its annual performance pre-increase report for 2021 on January 27th, which revealed that the net profit attributed to shareholders of listed companies is expected to be 304 million yuan to 372 million yuan in 2021, an increase of 55.35% to 89.87% over the previous year, and there is a strong demand for aluminum downstream industry in 2021. The rise in volume and price has improved the company's profitability. At the same time, the continuous layout of recycled aluminum effectively drives performance growth.
"check details: Shunbo alloy: year-on-year increase of 55.35% to 89.87% in 2021 compared with the same period last year. The continuous driving force of the recycled aluminum industry is obvious.
Yiqiu Resources released a pre-increase report on its performance in 2021, and it is estimated that the net profit attributed to shareholders of listed companies in 22021 will increase by 330 million yuan to 450 million yuan compared with the audited amount of 462 million yuan in the same period last year, an increase of 71% and 97% over the same period last year. Benefiting from the recovery of the global economy, the prosperity of the downstream die casting industry and steel industry has improved, and the prices of the company's main products aluminum alloy ingots, ferrous and non-ferrous metals have been greatly improved. At the same time, Metalico, a subsidiary of Yiqiu Resources, actively distributes the waste recycling and automobile disassembly market through mergers and acquisitions, continuously expands the recycling radius, increases market share, further optimizes the industrial structure, and fully releases the new production capacity.
"check details: Yiqiu Resources: the performance of 2021 is expected to grow by 71% compared with the same period last year. 97% recycled aluminum industry continues to improve.
Shenhuo previously disclosed its annual performance forecast for 2021, and the net profit attributed to shareholders of listed companies in 2021 is expected to be 3.101 billion yuan, an increase of 747.04 percent over the 358 million yuan in 2020. With the gradual commissioning of the Yunnan Hydropower and Aluminum Integration Project, the company's sales volume of electrolytic aluminum products has increased by 400000 tons.
"check details: Shenhuo shares: year-on-year pre-increase of 747.04% in 2021 compared with the same period last year. The sales of electrolytic aluminum in hydropower and aluminum projects have increased significantly.
Zhongfu Industry has previously issued a performance notice, revealing that it will turn losses into profits in 2021, and the net profit attributed to shareholders of listed companies is expected to be about 600-650 million yuan. Zhongfu Industries continues to increase the domestic and foreign market development of aluminum intensive processing business, and product sales increased by about 40.58% compared with the same period last year. Affected by industrial policies and market factors, the price of aluminum ingots has increased by about 33% over the same period last year, the company's green hydropower and aluminum output has further increased, and the overall capacity utilization rate of electrolytic aluminum business has reached 97.15%.
"check details: ST Zhongfu: 2021 performance to achieve turnaround, green hydropower and aluminum production increase
The vigorous development of new energy vehicles drives the aluminum industry to go hand in hand.
2021 is a year of vigorous development of new energy vehicles, with the promotion and requirements of the national policy of "carbon peak and carbon neutralization", the rapid development of new energy vehicle industry. Thanks to the strong market demand brought by the downstream industry, the huge demand from battery aluminum foil to automobile plate directly drives the output and sales of the major aluminum enterprises, and realizes the rapid growth of the company's net profit income.
Yinbang shares disclose performance notice. The company expects to make a profit of 35 million yuan to 45 million yuan in 2021, an increase of 106.33% and 165.28% over the same period last year. During the reporting period, benefiting from the strong market demand of the downstream industry, the company's output and sales volume increased by a large margin compared with the previous year. The cooling power battery, thermal management, aluminum heat transfer materials and other products produced by the company rapidly increased in the client and continued to infiltrate, and the business developed steadily.
"check details: the net profit of Yinbang shares in 2021 increased by 106.33% Mel 165.28% compared with the same period last year. The development of new energy vehicles plays a significant role.
On January 13, Nanshan Aluminum released a pre-increase report on its 2021 results, which is expected to achieve a net profit of 3.08 billion yuan to 3.515 billion yuan belonging to shareholders of listed companies in 2021, an increase of 50.32% to 71.55% over the same period last year. With regard to the reasons for the pre-increase in performance, Nanshan Aluminum pointed out that, first of all, thanks to the rapid development of the new energy vehicle industry and strong demand in the downstream industry, the company's automobile plate products produced and sold vigorously in 2021, with sales exceeding 110000 tons, a sharp increase over the same period last year, and a significant increase in overall profits. And with the substantial increase in the production and sales of automobile plate, the company's position as the leading enterprise of automobile plate in China has been further consolidated.
"check details: the net profit of Nanshan Aluminum Industry in 2021 is 50% higher than that of the same period last year. 72% of automobile plate production and sales are booming.
Hesheng shares announced on January 27 that the net profit attributable to shareholders of listed companies is expected to be 185 million yuan to 218 million yuan in 2021, an increase of 145.23% to 188.97% over the same period last year. Benefiting from the good momentum of the development of the new energy vehicle and consumer electronics industry, the company grasps the development opportunity of the industry and realizes the rapid growth of the output and sales volume of new energy vehicle components, electronic consumer goods, consumer durables and other products.
"check the details: Hesheng shares: the performance in 2021 increased by 145.23% year on year to 188.97% to enjoy the dividend of new energy vehicles.
On January 27th, Dingsheng Xincai disclosed its annual profit forecast for 2021, which is expected to realize the net profit attributed to the shareholders of listed companies in 2021 compared with the same period last year. The net profit attributed to the shareholders of the listed company is 410 million yuan to 450 million yuan. With the rapid development of new energy vehicle industry in 2021, the growth of power battery demand has led to an increase in the demand for power battery aluminum foil. Power battery aluminum foil belongs to high-end aluminum foil, the product added value is relatively higher, the most direct drive Dingsheng new materials overall profit growth.
"check details: take advantage of Dongfeng Dingsheng New Materials in the New Energy Industry to turn losses into profits in 2021.
Huafeng Aluminum released its annual performance pre-increase report for 2021. It is expected that the net profit attributed to shareholders of listed companies in 2021 will be 430 million yuan to 510 million yuan, an increase of 181 million yuan to 261 million yuan compared with the same period last year, and an increase of 72.69% to 104.82% over the same period last year. Huafeng Aluminum said that among the main reasons for the pre-increase in this year's performance, it is pointed out that the national economy has continued to recover in 2021, and under the background of the double exploration strategy, the rapid development of the new energy vehicle market, the strong demand from the downstream industry has led to a significant increase in the output and sales of the company's products.
"check details: Huafeng Aluminum Industry Annual performance pre-increase report: net profit of RMB 430-510 million in 2021
SMM will continue to pay attention to the pre-increase of the performance of the major listed aluminum enterprises in 2021 and the relevant situation of the results report.
