Tianqi lithium, salt lake shares, huayou cobalt, ganfeng lithium, yongxing material, in mining resources, rongjie shares, jiangte electric machinery, wei lead shares and many other upstream lithium resources enterprise performance in the first half of the year “cold”.
Data show that as of the evening of 9 July, a total of 1,346 A-share companies disclosed 2024 first-half results forecast, 894 companies with a profit, accounting for more than 60%. Among them, 322 companies performance forecast, more than 80 companies are expected to turn a loss into a profit.
A shares of listed companies in the first half of the performance forecast intensively released, many industries rebound significantly, at the same time there are a number of enterprises affected by the downward trend of the industry cycle, the performance of the results is not ideal. Among them, the battery network noted that the Qi lithium, salt lake shares, huayou cobalt, ganfeng lithium, yongxing materials, in mining resources, rongjie shares, jiangte electric machinery, wei lead shares and other upstream lithium resources enterprises in the first half of the performance of the “cold”.
Lithium products gross profit fell sharply Tianqi lithium industry in the first half of the loss or 5.53 billion yuan
The evening of July 9, Tianqi lithium (002466) released results forecast, the first half of the net profit is expected to be a loss of 4.88 billion yuan -5.53 billion yuan, the same period last year, net profit of 6.452 billion yuan. Affected by the fluctuations in the lithium products market, the company’s lithium product sales prices fell sharply compared to the same period last year, lithium products gross profit fell sharply.
Affected by the downward spiral of the lithium industry cycle, Ganfeng lithium industry in the first half of the forecast loss or up to 1.25 billion.
The evening of July 9, Ganfeng lithium (002460) released results forecast, the company expects the first half of the net profit for a loss of 760 million yuan – 1.25 billion yuan, the same period last year profit of 5.85 billion yuan. In the first half of the year, the company held financial assets PLS share price fell, resulting in a large loss of fair value changes; by the lithium industry cycle downward, lithium salt and lithium battery product prices continue to fall, although the product shipments increased year-on-year, but the company’s operating results fell sharply year-on-year.
Lithium carbonate and other products prices fell salt lake shares expected first half net profit year-on-year slashed
On the evening of July 9, salt lake shares (000792) released performance forecast, expected first half net profit of 1.7 billion yuan -2.3 billion yuan, down 54.88% -66.65% year-on-year. In the first half of the year, due to the decline in the market price of potassium chloride and lithium carbonate products, the company’s performance declined compared to the same period last year.
Nickel, lithium and other major metal market prices fell Huayou cobalt industry is expected to first half net profit fell year-on-year
On the evening of July 9, Huayou Cobalt (603799) released a performance forecast, the company expects to achieve net profit attributable to the owners of the parent company in the first half of 2024 for 1.5 billion yuan to 1.8 billion yuan, a year-on-year decrease of 13.67% to 28.06%. Huayou Cobalt said that the main reason for the decline in the company’s performance over the same period of the previous year is that the market price of nickel, lithium and other major metals has declined more substantially, affecting the profitability of the company’s products.
Lithium carbonate prices fell sharply Yongxing material first half net profit forecast decline of more than 50 per cent
The evening of July 9, Yongxing materials (002756) disclosed performance forecast, the company expects the first half of the net profit of 710 million yuan to 820 million yuan, a year-on-year decline of 56.93% to 62.7%.
Yongxing material said, the company lithium new energy business, lithium carbonate price compared with the same period last year fell sharply, by this impact, the company’s first half of the net profit year-on-year decline.
Lithium new energy business gross margin decline in the mining resources in the first half of the net profit year-on-year decline of 6 percent.
The evening of July 9, China mining resources (002738) released results forecast, the company expects the first half of the net profit of 460 million yuan -600 million yuan, a year-on-year decline of 60.06% -69.38%. In the first half of the year, by the lithium new energy industry market fluctuations, lithium compound product sales prices fell sharply year-on-year, resulting in a decline in the gross margin of the company’s lithium new energy business.
Affected by the new energy lithium battery industry market environment Rongjie shares in the first half of the net profit is expected to decline by more than 3% year-on-year.
The evening of July 9, Rongjie shares (002192) released results forecast, the company expects the first half of 2024 net profit attributable to shareholders of listed companies 152 million yuan -185 million yuan, a year-on-year decline of 38.79% -49.71%; basic earnings per share 0.5854 yuan -0.7125 yuan.