The track is cooling down! The gross margin of Sinoma Science & Technology's three major businesses has declined | Interpretation of financial reports
1. Sinoma Science & Technology's net income has declined by more than 60%, with a year-on-year decline in revenue and gross margin for the blade, fiberglass, and lithium film business. 2. The price of wind turbines is expected to remain low in the short term, and the profitability of companies in the industry has decreased. 3. The inventory of fiberglass has decreased, but the price has not yet recovered to the same period last year. 4. There is an oversupply of lithium battery separators, leading to intense competition in cost and price.
What are the cost advantages of salt lakes? Rare lithium enterprise tibet mineral development's H1 revenue and profit both doubled | interpretations
Tibet Mineral Development achieved a revenue of 0.392 billion yuan in the first half of the year, a year-on-year increase of 38.4%; net income of 0.111 billion yuan, a year-on-year increase of 338.99%. According to the company's recent disclosure, the 10,000-ton battery-grade lithium carbonate project started trial production on June 30 this year, with a total cost of 0.0425 million yuan/ton, and a total cost of 0.0241 million yuan/ton after deducting by-products.
Youngy Co., Ltd. suffered a double-digit decline in revenue and net profit in the first half of the year, due to setbacks in its three major products. Interpretations of the financial report.
1. The business of lithium concentrate, lithium salt and lithium battery equipment is frustrated, and the operating income and net profit of Youngy Co., Ltd. have both declined year-on-year in the first half of the year. 2. The company's net profit in the second quarter increased on a month-on-month basis, which is different from the industry. Some industry analysts told Cailian Press that it may be due to the company's different accounting methods across periods and from other companies. 3. The location of the 2.5 million ton/year Yan-Yangba lithium ore dressing project, which has attracted attention in the industry, has not yet been determined, and there is uncertainty in the project construction and production time.
90,000, the last defense line of lithium prices? | Jianzhi Research
Has this round of liquidation just begun?
Worsened lithium prices? Annual production capacity increased by 79%, with four mines in Argentina jointly contributing, including Zijin Mining and Ganfeng Lithium.
Four new lithium mining projects in Argentina will be put into production in the coming weeks to months, which will nearly double Argentina's lithium production capacity. Although the new capacity will not be put into use immediately, the increased certainty of future supply will undoubtedly further increase the downward pressure on lithium prices.
Sichuan Yahua Industrial Group secures another large lithium order with Tesla | Jianzhi Research
Tesla, the largest customer deeply bound to the company, signed a long-term contract for the third time with Sichuan Yahua Industrial Group.