In the middle reaches of lithium battery, the intensive release performance is good and the net profit is doubled to become the main theme.

During the two days from September to 10th, a number of manufacturers in the lithium power industry chain intensively disclosed last year's performance and January-February operating data, including Tianci Materials, Cunninghamia lanceolata shares, Dangsheng Technology, Dafuoduo, Zhenhua New Materials, and German Nano.

Among them, after 10 days of trading, Duofudo also issued a Q1 performance notice, becoming the first lithium industry chain company to forecast Q1 performance.

It is worth noting that the lithium battery plate is stronger today. The four stocks also rose sharply today after hitting a range low yesterday. Among them, divine gift materials, multi-fluorine up the limit, Dangsheng science and technology, Chinese fir shares, Zhenhua new materials rose by more than 5%.

The demand for lithium-ion materials is high in the TWh era.

With the determination of the direction of the TWh era, the head power battery enterprises have launched a charge to 100 GWh production capacity, the demand for lithium materials is rising rapidly, and the overall scale has accelerated from 10,000 tons to hundreds of thousands of tons, or even millions of tons, and the performance of various materials companies has also confirmed this situation.

Divine materials, Chinese fir shares, Dangsheng technology January-February net profit growth of more than 100% year-on-year, of which the main electrolyte of divine materials growth rate in the first place. Zhenhua Xinliao announced the business of cathode materials and achieved a high increase in revenue.

Dangsheng Technology, German Nano and Polyfluorodo disclosed the performance of KuaiBao in 2021. In addition, polyfluorodo also issued a performance forecast today. Q1 is expected to make a profit of 700-730 million yuan this year, an increase of 650.55%, 682.72% and 33%, respectively, compared with the same period last year.

From the current known performance, the profitability of the electrolyte is more prominent.

The two electrolyte manufacturers both attributed the high performance to the high prosperity of the new energy vehicle industry, booming production and sales of major products, and gradually reaching production capacity.

It is worth mentioning that polyfluoroduo revealed in the performance report, lithium hexafluorophosphate as the representative of the new material products in short supply, sales prices ushered in a new high.

Soochow Securities once Duohong pointed out that by the end of last year, the price of hexafluorine had exceeded 500000 yuan / ton, the supply shortage continued, the electrolyte leader benefited from the integrated layout, and the profit was greatly improved.

And Cunninghamia lanceolata shares, Dangsheng technology also revealed that the product demand is exuberant.

The former said that the demand in the downstream market of negative materials business continued to be strong, the company's products were in short supply, and production, sales and operating performance increased compared with the same period last year; polarizers also brought higher performance contributions; when Sheng Technology also mentioned that since 2022, its lithium cathode material business continued to grow rapidly, and its production capacity remained at full production.

In addition, German Nano revealed that the rising prices of upstream raw materials and the tight supply of lithium iron phosphate market have led to a rise in the price of the company's products.

Looking at the entire industrial chain, Guojin Securities pointed out that in this round of price system fluctuations, the competitive advantage of the strong bargaining leader is expected to expand, and it is suggested that we should pay attention to the changes in profit distribution caused by the price transmission of the industrial chain.

The mid-stream production schedule is not light in the off-season from January to February, and the new production capacity of the company will be gradually put into production in March, and the production schedule is expected to increase significantly compared with the previous month. Analysts believe that the plate recently pulled back to 22 years near PE30X, entering a strong allocation value range. Attention can be paid to the links with strong bargaining power, such as batteries, diaphragms, positive electrodes, structural components, etc., as well as negative electrodes and PVDF with tight balance between supply and demand.