[CNMO News] In the past year, due to the strong performance of new energy vehicles, the stock prices of companies associated with electric vehicles have also risen all the way, and the most representative of which is the Ningde era known as "Ning Wang". Its stock price broke through 1.6 trillion yuan at its peak last year, becoming the leading boss of the ChiNext board. However, since December last year, its stock price has been in a downward trend.
Ningde era
On the morning of February 10, the stock price of NINGDE Times suffered a big dive shortly after the opening of the market, and shortly after the opening of the noon market, the stock price fell below 500 yuan, and the single-day market value evaporated by nearly 100 billion yuan, setting a new low since October 2021. Since the Spring Festival holiday, its stock price has fallen by 15%, and its market value has shrunk by nearly 200 billion yuan. As of the close, catalist times' stock price closed at 518.1 yuan, down 5.32%.
Cataline Times shares at the close of trading on February 10
Previously, it was reported that CATL was seeking help from professional institutions in the United States to consult the possibility of being sanctioned by the United States, but in response to this rumor, CATL responded that the information was untrue. In addition, the "Ronghe No. 1" iron-chromium flow battery stack mass production line with independent intellectual property rights has recently been put into operation, and the commissioning of this technology will provide a new solution for large-scale and long-term energy storage in the power industry. Therefore, it is reported that the technology may affect the valuation of Ningde.
In fact, from the performance point of view, the results of the Ningde era last year were very gratifying. According to the performance forecast released in January, its net profit attributable to shareholders of listed companies in 2021 ranged from 14 billion yuan to 16.5 billion yuan, with a year-on-year increase of 150.75% to 195.52%. It still maintains the highest level of profitability since its inception. The decline in stock prices, on the one hand, may be a correction to the sharp rise in the field of new energy last year, but also with some market fears, I believe that with the continuous rise in domestic new energy vehicle sales, the world's largest power battery manufacturer's stock price will also be on the right track.