First, the company's stock price has increased by less than 13 times in two years
The company's stock price has been sideways for 4 years from 2016 to 2019, and since the opening of the upward channel in January 2020 to today's October 25, 2021, the stock price has reached 145.91 from the initial low of 10.93 to today's closing price. The stock price rose by 13.35 times. Suppose you are in 10: At 93, I bought 1,000 shares, and the total cost was 10,930 yuan. Today, the sell-off can get 145910 yuan. Remove the cost of 10930 yuan you can make a profit of 134980 yuan. In the case you buy 10,000 shares, your profit is 1,349,800 yuan. After selling it at the beginning, I looked back to see if it was the intestines and regretted it!
Second, the internal logic of the company's stock price rise
From the following table, it can be seen that the company's main product is lithium electronic battery materials, accounting for 85% of the company's total revenue. And this product it is lithium hexafluorophosphate. Query Baidu can know lithium hexafluorophosphate LiPF6, white crystal or powder, soluble in water, also soluble in low concentrations of methanol, ethanol, acetone, carbonate and other organic solvents, is the most important component of the electrolyte component, accounting for about 43% of the total cost of the electrolyte, is currently widely used in lithium battery electrolyte.
From the perspective of the market price trend of lithium hexafluorophosphate in China, the price surge of lithium hexafluorophosphate began in December 2020 and began to accelerate in April 2021. At present, the average price of lithium hexafluorophosphate in China is 355,000 yuan / ton, and the quotation of some enterprises has risen to 390,000-400,000 yuan / ton, and at present, China's lithium hexafluorophosphate sales are shipped according to orders, a single price, will not be additionally sold. Its price action is basically in line with the company's stock price trend.
Benefiting from the introduction of new energy vehicle policy countries, the prosperity of the new energy automobile industry has improved, and it has been chased by hot funds. The company that produces the electrolyte of new energy vehicle batteries has a company stock price like a pig standing at the outlet of the industry.
Third, where is the top of the company's stock price in the future
Through the following table, it can be seen that in the next 3 years, China's lithium hexafluorophosphate supply and demand will appear significantly imbalanced, starting from 2022, it is expected that China's lithium hexafluorophosphate supply and demand will begin to be unbalanced, the supply side is growing rapidly, and the growth rate of the consumer market is slow, resulting in the possibility of saturation and excess supply. By 2024, with the commissioning of projects under construction in China, the supply of lithium hexafluorophosphate in China is expected to be seriously imbalanced, and it is expected that the supply of lithium hexafluorophosphate in China will exceed 200,000 tons / year, while the consumption is expected to be about 150,000 tons according to the growth rate of lithium batteries. Therefore, by 2024, China's lithium hexafluorophosphate is expected to have a supply surplus of about 50,000 tons.
And the company's stock price will most likely appear in 2023!
Reference to this article: Chemical flathead brother