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Is the lithium battery industry chain about to bottom out? Insiders predict that prices are expected to rebound next year, with industry leaders emphasizing global layout | Exclusive coverage of the High Work Lithium Battery Annual Conference.
① At the 2024 High-tech Lithium Battery Annual Conference held yesterday, Zhang Xiaofei, chairman of High-tech Lithium Battery, predicted that the first quarter of next year will be the lowest price point, and in the second quarter of next year, the prices of battery raw materials will begin to rise; ② The future industry will face a more severe competitive landscape and capacity thresholds, and the solution offered by leading enterprises is to expand overseas.
Stimulated by the dual demand of electric vehicles and low-altitude economy, the solid state battery industry is accelerating its development.
①Taiwan Blue New Energy announced that the company's research and development project for the "membrane-less semi-solid lithium-ion battery large-scale preparation project" has successfully passed the technology achievement appraisal organized by the China National Light Industry Council. ②Citic Sec research reports indicate that besides the recent progress in solid state battery led by vehicle manufacturers, the aviation field is gradually becoming an important application scenario for solid state batteries, and lithium battery equipment manufacturers are expected to open a second growth curve in the solid state battery sector.
Haitong Securities: The lithium battery sector's overall profit saw a small increase in 2024 Q3, with clear differentiation among sub-industries.
In the first three quarters of 2024, the total revenue of the lithium battery sector reached 1206.596 billion yuan, a year-on-year decrease of 1.39%; the total net income attributable to the mother was 76.09 billion yuan, a year-on-year increase of 0.96%; the average gross margin of the sector was 20.05%, a year-on-year increase of 1.90 percentage points; the average net margin attributable to the mother was 6.31%, a year-on-year increase of 0.15 percentage points.
Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Anemic Earnings Might Be Worse Than You Think
Third Quarter Report 2024
ningbo ronbay new energy technology (688005.SH): net income of 0.116 billion yuan in the first three quarters, a decrease of 81.10% year-on-year.
Ningbo Ronbay New Energy Technology (688005.SH) announced on October 29th that it achieved revenue of 11.323 billion yuan in the first three quarters of 2024, a decrease of 39.04% year-on-year; net income attributable to shareholders of the listed company was 0.116 billion yuan, a decrease of 81.10% year-on-year; and basic earnings per share was 0.24 yuan. In the third quarter of 2024, revenue was 4.436 billion yuan, a decrease of 21.91% year-on-year; net income attributable to shareholders of the listed company was 0.106 billion yuan, a decrease of 55.15% year-on-year; and basic earnings per share was 0.22 yuan.
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