The sales volume of lithium electricity plate is growing rapidly, and the net profit of Pu Tai Lai reached 637 million in the first quarter.

On the evening of April 11, Pu Tai Lai (603659) released a first-quarter report that the company achieved operating income of 3.131 billion yuan in the first quarter, an increase of 80% over the same period last year, and a net profit of 637 million yuan belonging to shareholders of listed companies, an increase of 90.28% over the same period last year.

The main accounting data unit of Pu Tai Lai in the first quarter: yuan

Pu Tailai said that in the first quarter, the global market demand for new energy vehicles led to the rapid development of the lithium-ion battery industry, and the company effectively met the market needs of lithium-ion battery customers through sound industrial chain layout and integrated business coordination. The company's product sales in various business sectors have achieved rapid growth. At the same time, through the higher graphitization self-supply rate, the production efficiency of coated diaphragm and the comprehensive material utilization rate, the large-scale benefit appears gradually and the profitability is further enhanced.

Data show that Pu Tai Lai has long focused on the key materials of new energy batteries and automation equipment, based on the "double carbon" strategic goal to provide professional supporting services for new energy vehicles, consumer electronics, energy storage and other related battery customers. The main business covers anode materials and graphitization processing, diaphragm and coating processing, automation equipment, PVDF and binders, aluminum-plastic packaging film and optical film, nano-alumina and boehmite, etc.

Battery net noted that not long ago, Pu Tai Lai just disclosed its annual report for 2021. In 2021, the main business income of Pu Tai Lai anode materials was 5.129 billion yuan, an increase of 41.38% over the same period last year, and the company's annual sales volume was 97200 tons, an increase of 54.48% over the same period last year. The company's graphitization processing achieved operating revenue of 1.009 billion yuan (including internal sales), an increase of 24.60% over the same period last year. In addition, in 2021, Putailai diaphragm and coating processing business realized main business income of 2.195 billion yuan, an increase of 171.07% over the same period last year; aluminum-plastic packaging film and optical film business achieved business income of 141 million yuan, an increase of 50.38% over the same period last year. The operating income of PVDF products was 447 million yuan (including internal sales).

Guohai Securities said in a previous research report that by the end of 2021, Pu Tai Lai had a capacity of 150000 tons of negative materials and 110000 tons of graphitization, with a self-supporting rate of more than 70 percent. The subsequent planned production capacity is 200000 tons integrated production base in Sichuan, of which the first phase capacity of 100000 tons is expected to be put into production by the end of 2022. The company is expected to produce 250000 tons of negative electrode and 210000 tons of graphitization in 2023. The graphitization self-supply ratio can reach 84%.

In terms of diaphragm production capacity, Pu Tai Lai has a base membrane production capacity of 100 million square meters, coating capacity of 4 billion square meters, Liyang 5 micron diaphragm is expected to be delivered in bulk to overseas users this year. The company's planned production capacity under construction includes Jiangsu second phase 1.5 billion square meter diaphragm coating project, Guangdong 2 billion square meter diaphragm coating project, Sichuan 400 million square meter base membrane coating integration project, base membrane, coating existing and planned total production capacity of 5 / 7.9 billion square meters.

In terms of coating material production capacity, Putailai has a production capacity of 5000 tons for PVDF and 8000 tons for alumina and boehmite.

In terms of lithium equipment orders, PUTALAI has been fully recognized by downstream customers, of which the order for coating machine (excluding internal orders) exceeds 4 billion yuan, and the order for automatic assembly line exceeds 1.1 billion yuan. Liquid injection machine, stacking machine, winding machine, helium inspection machine and other equipment have obtained batch orders.

According to the plan released by Pu Tai Lai, the company will build the anode material industry chain and the closed loop of the coated diaphragm industry through the vertical integration strategy, expand the company's product line in the field of automation equipment business through horizontal strategic expansion, and strive to achieve more than 400000 tons of anode material production capacity, 1.3 billion square meters of base membrane, 25000 tons of PVDF and 10 billion square meters of coated diaphragm processing capacity by the end of 2024. Further enhance the market share of the company's anode materials and coated diaphragm processing.