Rongjie, which is on a high-prosperity track and is home to high-quality lithium resources, has seen its share price rise as much as 1127% in two years, but the high correction has also been severe, with the share price falling as much as 55% so far.
Rongjie Stock Co., Ltd. announced an advance announcement on its first-quarter results after the stock market. It is estimated that the net profit in the first quarter of 2022 is 225 million yuan to 275 million yuan, an increase of 12384.74% over the same period last year. Murray 15159.13%. Earlier, the company disclosed its 2021 performance, KuaiBao, with a net profit of 68.289 million yuan, an increase of 224.49 percent over the same period last year. It is estimated that the net profit of Q4 in 2021 is 41 million yuan.
It is worth noting that the net profit in the first quarter of this year is expected to be up to 275 million yuan, not only four times the net profit of last year (68 million), but also an increase of 448% and 570% compared with the previous quarter. In addition, the net profit in the first quarter also set a new record high after the fourth quarter of last year.
For the reasons for the growth in performance, Rongjie shares said in the announcement that the prices of upstream materials in the lithium battery industry continued to rise sharply, and the demand for lithium materials and lithium equipment continued to increase, which had a positive impact on the company's lithium mining business, lithium salt processing and smelting business, and lithium equipment manufacturing business.
According to public information, Rongjie's main business includes lithium mining and separation industry, lithium salt and deep processing, lithium power equipment, of which lithium salt processing and smelting revenue account for more than 50%.
According to the semi-annual report of 2021, Chengdu Rongjie Lithium Industry Lithium Salt Project is planned to be 40,000 tons / year. Changhehua Lithium has a production capacity of 3000 tons of battery-grade lithium carbonate and 1800 tons of lithium hydroxide. According to the Northeast Securities Research report, the planned production capacity of lithium salt in 2022 will increase by 833% compared with 2020.
According to a survey conducted by the China Automotive Power Battery Industry Innovation Alliance, the price of lithium materials rose the most from the beginning of 2021 to March 2022, with the average price of spodumene rising from 25000 yuan / ton to 136000 yuan / ton, an increase of 444 percent. The average price of battery-grade lithium carbonate rose from 53000 yuan / ton to 495000 yuan / ton, an increase of 833.9%. According to the Huabao Securities Research report, lithium carbonate has maintained a high level of nearly 500000 yuan / ton since April.
It is worth noting that recently, the price of lithium carbonate has fallen continuously and has now lost the 500000 yuan / ton mark. On April 14th, according to data released by SMM, the prices of some lithium materials fell again. Among them, the average price of battery-grade lithium carbonate fell 1000 yuan / ton to 495000 yuan / ton.
A number of industry insiders said that the price of lithium carbonate has calmed down after a two-month surge. With the increase in supply, prices may fall in the second quarter, and the rising market may usher in an inflection point.
Analysts such as Caixin Securities Zhou ce said in a research report released on April 12 that on the premise that demand still maintains rapid growth, as there is still a gap between supply and demand of lithium carbonate for the whole of 2022, the decline in lithium carbonate prices in the second quarter is only temporary, and lithium carbonate prices are easy to rise and difficult to fall throughout the year.
In terms of lithium ore, Rongda Lithium Industry owns Methyl Carboxene No. 134 ore vein is so far the second largest spodumene ore discovered in the world, with the first reserves in the world. At present, Rongda lithium has formed an open-pit mining capacity of 1.05 million tons per year and a mineral processing capacity of 450000 tons per year for ore treatment. In addition, the lithium ore concentration project of Kangding Rongjie Lithium Industry is planned to be 2.5 million tons per year. After the project is completed and put into production, it can supply about 470000 tons of lithium concentrate per year.
Public information shows that Rongjie shares hold a 55% stake in Dongguan Derry. Analysts such as Zeng Zhiqin of Northeast Securities said in a research report released on June 8, 2011. in February 2019, BYD lithium battery sold a 32.5% stake in Dongguan Derry with 52 million yuan to establish a strategic partnership. Dongguan Derry, as a lithium power equipment platform in which BYD is a shareholder, is expected to benefit from the battery capacity expansion plan supported by gradual external supply of blade batteries plus increased internal usage of BYD, improve capacity utilization and further enhance profitability.
![[SMM Tinjauan Mingguan Pasar Sel Baterai Penyimpanan Energi 9.3] Pasokan foil tembaga yang ketat membatasi jadwal produksi September, harga sel baterai penyimpanan energi tetap stabil](https://imgqn.smm.cn/usercenter/tKgKv20251217171725.png)
![Tinjauan Mingguan Pasar Litium Karbonat: 8.31-9.3 harga spot litium karbonat naik lalu turun, tren keseluruhan menurun [Tinjauan Mingguan SMM]](https://imgqn.smm.cn/usercenter/PPLUj20251217171727.jpg)
