What's going on? the performance of four-fold lithium electric cattle stock has increased by more than 10 times, but netizens say: the limit falls.

On October 14, Li-Dian Da Niu Shi Da Shenghua reported an increase of more than 10 times in three quarters, but its net profit in the third quarter halved compared with the previous quarter, which triggered a heated discussion among investors.

Shi Dashenghua released a forecast of results for the first three quarters of 2021 in the evening. It is estimated that the net profit attributable to shareholders of listed companies in the first three quarters is 710 million to 770 million yuan, an increase of 1131% to 1235% over the same period last year. Net profit after deducting non-recurring profits and losses is 707 million to 767 million yuan, an increase of 1229% to 1342%.

As for the reasons for the performance growth, Shi Dachenghua explained the impact in three main aspects:

Affected by the relationship between supply and demand in the market, the price of the company's related products has increased significantly compared with the same period last year.

In the same period last year, due to the influence of international crude oil prices, the market prices of MTBE series products dropped sharply, and the provision for inventory price decline increased, while the current inventory price decline prepared to turn back as the price rose. At the same time, the rise in international crude oil prices enhanced the profitability of basic chemical products.

In the same period last year, the domestic novel coronavirus epidemic broke out, and the production and operation of the main industrial chain was depressed. In this period, with the popularization of vaccines, the epidemic situation of novel coronavirus has been effectively controlled, the devices of the company have been running steadily, and the output and sales of major products have increased steadily compared with the same period last year.

It is worth noting that although the third-quarter results of Shi Da Shenghua have increased by more than 10 times, in detail, the net profit in the third quarter is expected to be 119 million yuan to 179 million yuan, compared with the net profit of 359 million yuan in the second quarter, a month-on-month decrease of more than 50%.

In the announcement, Shi Da Shenghua did not elaborate on the third quarterly report, especially the performance in the third quarter, but the Financial Associated Press noted that Shi Dasheng East China Camp headquarters had carried out an one-month overhaul of its production equipment in the third quarter.

Shi Dashenhua announced on August 23 that according to the company's annual maintenance plan, Dongying headquarters carried out annual production plant maintenance from August 16 to September 11. On September 12, Shi Da Shenghua said that the company's Dongying plant had been overhauled and the plant was restarted this evening.

The sudden stall of performance month-on-month growth also triggered a heated discussion among shareholders. In the cable comment area of the third-quarter report of Shi Da Shenghua released by the Financial Associated Press, a number of netizens were surprised by the sharp decline in the company's third-quarter results from the previous quarter and called for a drop to the limit tomorrow.