001301 Shijiazhuang Shangtai Technology
- 42.70
- -0.11-0.26%
Shijiazhuang Shangtai Technology News
Express News | Shangtai Technology: Demand for anode materials is expected to pick up in 2024, and prices are expected to recover
The Ministry of Industry and Information Technology plans to guide lithium battery companies to reduce production capacity and expand, and the industry is expected to reverse ahead of schedule
On May 8, the Ministry of Industry and Information Technology publicly solicited opinions on the lithium battery industry specifications and administrative measures (draft for comments). The draft for solicitation of comments mentions guiding enterprises to reduce manufacturing projects that simply expand production capacity, strengthen technological innovation, improve product quality, and reduce production costs.
Deep* Company* Shangtai Technology (001301): The cost advantage is obvious, the profit remains strong and resilient
The company released the 2023 annual report and the 2024 quarterly report, and achieved net profit of 723 million yuan for the full year of 2023; the company continued to reduce costs and increase efficiency, continued optimization of the product structure, and the competitive advantage was expected to be maintained; and maintained an increasing evaluation
Graphite electrode concept stocks opened sharply and Baichuan shares rose or stopped
Gelonghui, May 6 | Baichuan Co., Ltd. and Shangtai Technology rose and stopped, Zhongke Electric and Dongfang Carbon rose more than 10%, while Xiang Fenghua, Fangda Carbon, Baotailong, Suotong Development, and Hesheng Silicon followed suit. According to the news, the US has relaxed tax credit restrictions on electric vehicles that use Chinese graphite as batteries, which means that South Korean electric vehicle manufacturers that use Chinese graphite to make batteries can also receive a tax credit of up to 7,500 US dollars when entering the US market.
Shangtai Technology (001301): The quarterly report exceeded expectations, leading the industry in profit performance
Key investment events: Suntech revealed its 2023 annual report and 2024 quarterly report. The 2023 results were largely in line with expectations, and the 2024 quarterly report exceeded expectations. In 2023, the company achieved revenue of 4.391 billion
Shangtai Technology (001301): Short-term performance is under pressure, and the position of the industry has improved
Incident: Recently, the company released its 2023 annual report. Key investment points: The company's performance is under pressure in the short term. In 2023, the company achieved revenue of 4.391 billion yuan, a year-on-year decrease of 8.18%; operating profit of 883 million yuan, the same
Shangtai Technology (001301): Rapid growth in shipments, accelerated product iteration
Key investment events: The company released its 2023 financial report and 2024 quarterly report. In 2023, it achieved total operating income of 4.391 billion yuan, -8.18% over the same period last year, and net profit attributable to shareholders of listed companies of 723 million yuan
Shangtai Technology (001301): Negative electrode production and sales ranked in the top five in '23. Profitability declined but was relatively strong
In 2023, the company achieved revenue of 4.39 billion yuan, a decrease of 8.2%; net profit attributable to mother was 720 million yuan, a decrease of 44%; net profit after deducting non-return to mother was 710 million yuan, a decrease of 44%; and cash flow from operating activities - 420 million yuan.
Shangtai Technology (001301): Single-ton profit in the first quarter exceeded expectations, and the iteration of high-performance products accelerated
Incidents. On April 24, 2024, the company released its 2023 annual report and 2024 quarterly report. In '23, the company achieved annual revenue of 4.391 billion yuan, a year-on-year change of -8.18%, and a net profit of 7.
Minsheng Securities released a research report on April 26 stating that it gave Shangtai Technology (001301.SZ) a recommended rating. The main reasons for the rating include: 1) 24Q1 performance split; 2) the profit level of a single ton of anodes exceede
Minsheng Securities released a research report on April 26 stating that it gave Shangtai Technology (001301.SZ) a recommended rating. The main reasons for the rating include: 1) 24Q1 performance split; 2) the profit level of a single ton of anodes exceeded expectations; 3) focusing on technological innovation and speeding up product iteration. (Mainichi Keizai Shimbun)
Shangtai Technology (001301): 4Q23 gross margin bottomed out and rebounded
Product prices declined, and net profit to mother fell year-on-year in 2023. In 2023, the company achieved revenue of 4.391 billion yuan, -8.18% year over year, and net profit to mother of 723 million yuan, or -43.94% year on year. Net profit due to the year-on-year decline.
Shangtai Technology (001301): Q1 performance exceeds market expectations and profits continue to outperform peers
Q4 results were in line with expectations, and Q1 earnings exceeded expectations. The company's revenue for 23 years was 4.4 billion yuan, -8%; net profit to mother was 720 million yuan, same -44%, gross profit margin 28%, same decrease of 14pct, net profit margin 16%, same decrease of 10p
Dongwu Securities released a research report on April 25 stating that it gave Shangtai Technology (001301.SZ) a purchase rating, and the target price was 53.8 yuan. The main reasons for the rating include: 1) Q4 results were in line with expectations, and
Dongwu Securities released a research report on April 25 stating that it gave Shangtai Technology (001301.SZ) a purchase rating, and the target price was 53.8 yuan. The main reasons for the rating include: 1) Q4 results were in line with expectations, and Q1 profit exceeded expectations; 2) demand recovered markedly from March, and shipments were expected to increase 40% in 24; 3) Q1 unit profit exceeded expectations, and unit profit for the whole year is expected to remain at 0.35,000/ton; 4) inventory maintained at a reasonable level, and Q1 impairment losses partially recovered. (Mainichi Keizai Shimbun)
Shangtai Technology (001301): High year-on-year growth in Q1 shipments, profit resilience exceeded expectations
Key investment points: Negative electrode sales increased by 31% in 2023. The cost reduction was greater than the price drop. Revenue was 4.39 billion yuan in 2023, -8% year-on-year, and realized net profit of 720 million yuan, -44% year-on-year, and realized net profit to mother
Shangtai Technology (001301.SZ) announced its 2023 annual results, with net profit of 723 million yuan, a year-on-year decrease of 43.94%
Shangtai Technology (001301.SZ) released its 2023 annual report. The company's revenue was 4.391 billion yuan,...
Shangtai Technology (001301): The cost advantage highlights the flexibility of bottom valuation repair
The bottom of the investment point negative pole has been established, and we expect the supply and demand pattern to improve markedly in 2025. We expect the anode industry to supply 2.3 million tons in 2024, with a capacity utilization rate of 74%, leading production expansion will slow down, and new entrants will suspend production expansion; we
Dongwu Securities released a research report on April 16 stating that it gave Shangtai Technology (001301.SZ) a purchase rating, and the target price was 47 yuan. The main reasons for the rating include: 1) the bottom of the negative electrode is establis
Dongwu Securities released a research report on April 16 stating that it gave Shangtai Technology (001301.SZ) a purchase rating, and the target price was 47 yuan. The main reasons for the rating include: 1) the bottom of the negative electrode is established; we expect the supply and demand pattern to improve markedly in 2025; 2) benefiting from the amount of fast charging anodes, the company is full production, and we expect shipments to maintain 40% growth in 2024; 3) profit continues to be superior to peers, and the cost advantage is established, and profits are expected to rise in 2025. (Mainichi Keizai Shimbun)
Shangtai Technology (001301.SZ): No direct cooperation with Xiaomi
Gelonghui, April 3 | Shangtai Technology (001301.SZ) said on the investor interactive platform that up to now, there has been no direct cooperation between the company and Xiaomi. The company's main products are anode materials. In recent years, it has been supplying leading domestic power batteries and energy storage battery manufacturers for a long time.
Shangtai Technology (001301.SZ): It is expected that 4C and above fast charging products will occupy an advantageous position in the company's external sales in 2024
Gelonghui, March 18 | Shangtai Technology (001301.SZ) disclosed an investor relations activity record sheet showing that the company has completed the development and introduction of 4C and above products in 2023, and has ushered in large-scale shipments since the first quarter of 2024. As sales of next-generation new energy vehicles in terminals remain hot, the company's corresponding fast charging product shipments will continue to increase, and the proportion will increase accordingly. It is expected that 4C and above fast charging products will occupy an advantageous position in the company's foreign sales in 2024. Since 2023, along with changes in market demand and technological progress, the company's product structure has undergone positive changes, and mainstream production
Shangtai Technology (001301.SZ): It is expected that in 2024, the price level of anode materials will gradually show a “bottoming out” trend as the market fluctuates
Gelonghui, March 18 | Shangtai Technology (001301.SZ) disclosed an investor relations activity record. Overall, the anode materials market still shows a structural overcapacity situation. Since 2023, the price level has faced challenges, making it difficult to return to the higher level of previous years. However, with the end of the Spring Festival holiday, some electric vehicles began price reduction strategies, and a new generation of intelligent electric vehicles continued to be launched. Demand for the downstream power battery market is picking up, and the recovery trend is obvious, driving an increase in demand for anode materials, and there is pressure on the market supply side Mitigation, expected in 2024
Analysis
Price Target
No Data
