With the total sales of new energy vehicles in 2016 exceeded 500,000, as an important part of electric vehicles, structural excess capacity to make power lithium battery listed companies last year to achieve substantial profits.
Data show that as of February 23, 122 announced 2016 annual report performance notice of the lithium battery company, in accordance with the notice of the biggest changes in net profit margin, nearly Bacheng enterprises to achieve a net profit growth. Among them, the maximum net profit margin of more than 100% increase in the number of enterprises reached 48; notice net profit limit of over 100 million yuan of enterprises up to 68.
Among them, BYD is expected in 2016 net profit of up to 5.2 billion. And by virtue of the traditional fluoride market stabilized rebound, so that more benefit from the fluorine more significant, the company expects 2016 net profit of 529 million yuan, an increase of up to 1250%
However, with the introduction of new energy vehicles in 2017, power battery companies will reduce the cost of pressure. Lithium industry experts told reporters that part of the electric vehicle vehicle factory in 2017 for the battery manufacturers price requirements than in 2016 to reduce 35% -40%. 2017 new energy car manufacturers in order to ensure their own brand of market and profits, will strictly control the cost of supporting power lithium battery, low power battery manufacturers prices.
Nearly eight into lithium net profit growth
60 net profit over 100 million yuan
In fact, from the threshold of the industry to improve the "power battery industry standard conditions (2017 years)" to establish a perfect waste power battery utilization standard system of "new energy vehicle power battery recycling Interim Measures" (draft) , And then in January this year, involving the battery than the energy and cost of the "auto industry long-term development plan", the relevant departments for the power lithium battery industry introduced a series of policies to power lithium battery industry full flowering.
In the 122 announced 2016 annual report performance notice of the lithium battery company, 5.2 billion net profit income makes BYD ranked first; ranked second in the transit technology notice net profit of 1.778 billion yuan, an increase of 80%; Industry to 1.689 billion yuan income ranked third, up 581% year on year. Net profit growth, the lion technology is expected in 2016 to achieve net profit of 160 million yuan, an increase of up to 5647.95%;
It is worth noting that, in terms of technology, heaven-sent materials, Cangzhou Pearl and Ke Heng shares and other representatives of the lithium cathode materials, electrolytes, equipment, lithium batteries and other segments of the enterprise, its 2016 performance year-on-year rise, Net profit increased by 652%, 310%, 150% and 148% respectively. In contrast, even if the net profit year on year increase is not high billion Wei Li can, its 2016 net profit also reached 242 million yuan to 284 million yuan.
In addition, the reporter found that most of the power lithium battery business announced that although the main business into the rapid growth period, but due to strong market demand, product demand, resulting in the backlog of orders, product sales prices increased significantly, to promote the company's operating income and profits The scale of rapid growth.
Battery companies focus on investment
Raw materials and equipment companies more than mergers and acquisitions
2017, the new "power battery business conditions" will soon be introduced, the changes in capacity requirements, so that power battery companies to increase investment in production lines.
Reporters learned that the current domestic power battery has been formed to BYD, CATL, Watima, Guoxuan and force of the five companies composed of the first echelon, its production capacity is located in the second echelon battery business more than doubled. Data show that in 2016 the five power battery business shipments total more than 20GWH, accounting for more than 75% of China's power lithium battery market.
"Power battery threshold to further improve, will largely affect the entire industry.Some small and medium enterprises are bound to be more powerful companies mergers and acquisitions." National securities automotive industry analyst Cao said.
According to statistics, the actual investment in the 2016 lithium industry chain amount of more than 60 billion yuan. Among them, the power battery, cathode material, diaphragm investment amount up. Power battery and cathode materials investment is large, subject to market demand and the impact of individual project funding needs, the funds have a strong dependence. To power battery 1GWH, for example, the required funds invested in more than 800 million yuan (domestic equipment production line), the volume of large non-power battery business itself can be completed.
Parallel to investment is frequent mergers and acquisitions. 2016 domestic lithium industry mergers and acquisitions projects nearly 60, the acquisition of the main types of mergers and acquisitions around the industry consolidation and cross-border acquisitions started. As the lithium battery raw materials and equipment companies have a higher rate of return, more likely to become the subject of mergers and acquisitions.
It is worth mentioning that the second echelon is also no lack of price, technology, security and other aspects of a comprehensive competitive advantage of the enterprise, these companies are still expected in the future through a variety of ways to expand their own strength, narrowing the gap with the first echelon.
In fact, there have been a number of power batteries began to expand capacity planning. Billion latrine can be expected in early 2017 to achieve production capacity 5GWh-6GWh, 2017 is expected to reach 9GWh; day group in early 2017 will achieve lithium battery 8GWH production capacity; Fu can 2017 will be able to have 5GWh annual production capacity.
In this regard, the national new energy vehicle technology innovation project expert group leader Wang Binggang that the integration of mergers and acquisitions will accelerate the three or four lines of power battery companies out of the process, especially backward technology, positioning low-end enterprises. "Now that overcapacity, in fact, good production capacity is not surplus, which from some listed companies in the performance of the Express can be seen, leading enterprises do not worry about the product sales.