The Surging News reporter Qin Yixiao
On February 10, the stock price of CATL once fell by more than 8%, falling below the 500 yuan mark, setting a new low since October 2021, with a turnover of more than 10 billion yuan. In just half a day, the market value of the Ningde era evaporated by more than 100 billion yuan.
As of the noon close on February 10, CATL reported 503.99 yuan / share, down 7.9%, with a total market value of 1.17 trillion yuan. The lithium-ion battery concept as a whole declined, with Jiayuan Technology falling 6.65%, Xinzhu shares falling 6.37%, and Putailai 6.33%.
Since February this year, the stock price of CATL has continued to fluctuate and fall, with a cumulative decline of nearly 15%, and the market value has evaporated by nearly 200 billion yuan. Wind data shows that on February 9, the northbound capital transaction net purchase of 484 million yuan, CATL traded 2.327 billion yuan throughout the day, was net sold 0.41 billion yuan, the fifth consecutive trading day of net sale, during which the stock in the Shenzhen Stock Connect accumulated 15.377 billion yuan, a total net sale of 2.662 billion yuan.
From the news side, on February 8, in response to the "Ningde era is seeking help from professional institutions in the United States to consult the possibility of its sanctions by the United States" and other online news, the Ningde era side responded: "This is false information."
In addition, the mass production line of the "Ronghe No. 1" iron-chromium flow battery stack with independent intellectual property rights of the State Power Investment Corporation has recently been put into operation, and each production line can produce 5,000 sets of 30kW "Ronghe No. 1" battery stack per year. This technological breakthrough provides a new solution for large-scale, long-term energy storage in the power industry. Some people believe that the large-scale application of this technology may affect the valuation of Ningde.
Despite this, the performance forecast released by CATL in January this year still maintained the highest level of profitability since its inception, and the net profit hit a record high for the third consecutive year. It is expected that the net profit attributable to the shareholders of listed companies will range from 14 billion yuan to 16.5 billion yuan in 2021, with a year-on-year increase of 150.75% to 195.52%. According to the previous financial report, the net profit of CATL in the first three quarters of 2021 was 7.751 billion yuan, an increase of 130.90% year-on-year.
For the reasons for the growth of performance, CATL said: First, the penetration rate of new energy vehicles and energy storage markets will increase in 2021, driving the growth of battery sales. Second, the company's market development has made progress, new production capacity has been released, and production and sales have increased accordingly. Third, the company strengthened expense control, and the proportion of expenses to revenue decreased.
Editor-in-Charge: Li Yuequn