Is the policy good? The lithium battery plate repeats its long-standing rise and stop tide. The company's performance "explodes" two consecutive plates [hot stocks]

SMM Feb. 23: lithium battery plate rose rapidly after the opening of midday trading today, and at one point rose more than 2.9% in intraday trading to continue to rise. In this context, the performance of lithium battery stocks is also particularly commendable. Yuntianhua, Yahua Group, Xiangtan Electric, Sony Finance, Yongtai Technology and other stocks rose by the daily limit, reappearing the rising tide for a long time.

On the news side, on February 22, the detailed rules of the "implementation Plan for the Development of New Energy Storage in the 14th five-year Plan" jointly issued by the National Development and Reform Commission and the National Energy Administration were released, which mentioned that by 2025, the new type of energy storage has entered the stage of large-scale development from the initial stage of commercialization and has the conditions for large-scale commercial application. The innovation capability of new energy storage technology has been significantly improved, the self-controllable level of core technology and equipment has been greatly improved, and the standard system has been basically improved. The industrial system is becoming more and more complete, and the market environment and business model are basically mature.

On the same day, the Shandong Energy Bureau also issued a notice on carrying out the collection of 2022 energy storage demonstration projects, making it clear that the collection scope of 2022 energy storage demonstration projects will be expanded, extended and expanded on the basis of 2021, covering lithium batteries, compressed air, liquid flow batteries, coal heat storage, hydrogen production, hydrogen storage and other new energy storage and peak shaving projects, a total of 6 categories. In the aspect of lithium battery, it is particularly mentioned that the lithium battery energy storage and peak shaving project, with lithium battery as the main energy storage component, the project access voltage level is 110 kV and above, the power is not less than 50,000 kilowatts, the continuous charging time is not less than 2 hours, and the AC side efficiency is not less than 85%. By 2025, the scale of energy storage facilities in the province will reach about 5 million kilowatts.

With all kinds of good news, the industry believes that lithium battery-related enterprises are ushering in large-scale commercial opportunities. At present, a number of lithium battery companies, including Ningde era and LG Energy, have announced that they have entered the energy storage market, and lithium-ion batteries have become the mainstream electrochemical energy storage technology. Everbright Securities predicts that the current energy storage is in a period of accelerated development, the development of energy storage at home and abroad has accelerated significantly, and the growth rate of the energy storage industry is expected to exceed 100% in 2022.

It is worth mentioning that Ya Hua Group, which once again sealed the trading limit today, released its performance forecast for 2021 KuaiBao and the first quarter of 2022 on the evening of February 21. According to the announcement, the company's net profit attributable to shareholders of listed companies in 2021 was about 925 million yuan, an increase of 185.5 percent over the same period last year.

What is striking is its report card for the first quarter of 2022. According to the announcement, Ya Hua Group expects to achieve a net profit of about 900 million yuan to 1.2 billion yuan from shareholders of listed companies in the first quarter of 2022, an increase of 1053.67% to 1438.22% over the same period last year, exceeding the whole of last year.

Spurred by good performance data, Ya Hua Group opened high yesterday and opened by the daily limit. Until today, it still does not reduce its rising trend, successfully recording two consecutive boards.

Referring to the reasons for the company's substantial growth in the first quarter of 2022, Ya Hua Group said that, on the one hand, the company's civil explosion performance increased steadily during the reporting period; on the other hand, under the background of rising demand in the lithium industry and rising prices of lithium products, the company seized the opportunity to release production capacity and increase sales, resulting in a gradual increase in sales of lithium products and a substantial increase in lithium business profits during the reporting period.

SMM spot prices show that since the beginning of the year, the spot price of domestic battery-grade lithium carbonate has risen from 278000 yuan at the beginning of the year to 460000 yuan today, an increase of 65.47 percent. Battery-grade lithium hydroxide also rose from 222500 yuan at the beginning of the year to 402500 yuan today, with the average price breaking the 400000 mark, an increase of 80.9 percent.

"Click to order to view the spot historical price of SMM new energy products.

According to recent research by SMM, the gap in the lithium carbonate market narrowed slightly in February, but the gap is still there, so the price of lithium carbonate is still on the rise. And at present, the expansion of lithium iron phosphate downstream continues, and the inquiry for lithium carbonate remains high, and it is expected that the mainstream transaction price will further increase; while for lithium hydroxide, in February, the decline in supply side is greater than the decline in demand, resulting in the enlargement of lithium hydroxide gap and a significant increase in prices. Near the end of February, the order volume of high-nickel material enterprises has increased, in the case of the upstream quotation continues to rise, downstream enterprises are expected to passively accept the increase in raw materials, the transaction price further upward. "View details

Galaxy of China has pointed out that the lithium resources in the upper reaches of the industrial chain remain high when the terminal demand in the lower reaches continues to be hot. According to the forecast of the published 2021 annual report, the performance of the leading enterprises in the lithium industry began to release substantially from the fourth quarter of 2021, and the lithium industry is expected to remain prosperous in 2022. The strong and continuous rise in lithium prices makes the performance of lithium leading enterprises with high certainty. At the same time, the previous stock price correction of the superimposed lithium plate, the current plate valuation investment performance-to-price ratio is high, driven by the leading stock price of the lithium plate as a whole stabilized, there are fundamentals and valuation support of the lithium plate may usher in a strong rebound market.