Azure Lithium Core Secretary replied: overseas sales of lithium batteries accounted for about 30% in 2021.

Azure Lithium Core (002245) answered investors' concerns on the investor relations platform on March 29.

Investor: when will the quarterly report come out?

Azure Lithium Core Dong: Hello, dear investors. Shenzhen Stock Exchange will uniformly announce the appointment date for the quarterly reports of all listed companies.

Investor: Hello, Mr. Dong! Most of the company's lithium revenue comes from TTI, Bates, Bosch, Muda and other foreign customers, but according to the financial report, the revenue basically comes from domestic, this is why? What percentage of overseas dollar-denominated revenue is expected to rise over the next 22 years? Thank you for your answer!

Azure Lithium Core Dong Mi: Hello, dear investors, the company's overall business, in addition to lithium batteries, there are LED chips and metal logistics business. In 2021, overseas sales of lithium batteries accounted for about 30%. In addition, TTI, Black & Decker, Bosch and other customers also sold to their domestic factories.

According to the 2021 annual report of Azure Lithium Core, the company's main income was 6.68 billion yuan, up 57.2% from the same period last year; the net profit was 670 million yuan, up 141.09% from the same period last year; and the non-net profit was 583 million yuan, up 215.11% from the same period last year. Among them, in the fourth quarter of 2021, the company's main income in a single quarter was 1.933 billion yuan, up 34.52% from the same period last year; and the net profit in a single quarter was 165 million yuan, up 61.5% from the same period last year. Non-net profit in a single quarter was 126 million yuan, up 40.26% from the same period last year; debt ratio was 55.37%, investment income was 31.5627 million yuan, financial expenses were 85.9278 million yuan, and gross profit margin was 20.42%.

A total of nine agencies have rated the stock in the last 90 days, eight have bought ratings and one has increased their holdings; the average institutional target price has been 30.85 in the past 90 days. Securities Star valuation analysis tool shows that Azure Lithium Core (002245) good company has a rating of 3 stars, a good price rating of 2.5 stars, and a comprehensive valuation rating of 2.5 stars. (rating range: 1-5 stars, up to 5 stars)