On February 10, CATL once again fell sharply in the A-share market, falling more than 8% to 500 yuan per share during the session, and the stock price hit a new low since October last year. As of the noon close, CATL fell 7.9% to close at 503.99 yuan, with a half-day turnover of 9.25 billion yuan and a total market value of 1.17 trillion yuan.
As of the afternoon close, the stock price of CATL closed at 518.10 yuan, slightly warmer than the noon close, but it still fell by 5.32% compared with the opening in the morning, and the cumulative turnover of the whole day reached 14.960 billion.
It is worth noting that in the first 4 trading days since the reopening of the market after the Spring Festival on February 7, 3 trading days have fallen sharply, and only yesterday there was a slight rebound, the cumulative maximum decline in these four days exceeded 15%, and the total market value is expected to shrink by more than 200 billion yuan.
However, CATL disclosed on January 28 that the 2021 annual performance forecast showed that the company expects the net profit attributable to shareholders of listed companies to reach 14 billion yuan - 16.5 billion yuan in 2021, an increase of 150.75% - 195.52% year-on-year, if the forecast can be realized, this will be the highest profit level that CATL can achieve since its listing in 2018.
On the other hand, according to the 2021 global power battery installed capacity ranking list released by the authoritative institution, the top ten global power battery installed capacity in 2021 are Ningde Times, LG New Energy, Panasonic, BYD, SKOn, Samsung SDI, Zhongxin Airlines (AVIC Lithium Battery), Guoxuan Hi-Tech, Envision Power, and Honeycomb Energy. Among them, the global installed capacity of CATL in 2021 reached 96.7GWh, with a market share of 32.6%, ranking first in the world, and an increase of 167.13% compared with the global installed capacity of 36.2GWh in 2020.
Therefore, we judge that the continuous decline in the current stock price of the CATL era may not be related to its operating performance, but is caused by a large number of sale transactions. According to data, on February 9, CATL sold a net of 0.41 billion yuan in shenzhen stock connect, which is already a net sale for 5 consecutive days, with a cumulative net sale of 2.662 billion yuan. However, it is still impossible to determine the specific flow of these large transactions to cash out funds, and it is hoped that the Ningde era will expand its operations for research and development, if this is the case, investors and investors do not have to worry.