According to the Red Star capital Bureau, on January 28, Nuode Investment Co.Ltd(600110) (600110. SH) released the annual performance forecast for 2021. The company expects the net profit attributable to shareholders of Listed Companies in 2021 to be 390 million yuan to 420 million yuan, a year-on-year increase of 7142% to 7699%.
For the main reasons for the performance changes in the current period, Nuode Investment Co.Ltd(600110) said that in 2021, the company actively grasped the market development opportunities of the new energy industry and strengthened the development of the copper foil market. At the same time, the order demand of new energy power batteries of downstream enterprises increased significantly year-on-year, and the demand for lithium battery copper foil increased significantly.
In addition, Nuode Investment Co.Ltd(600110) has completed the technical transformation and upgrading of Qinghai Electronic Materials Industry Development Co., Ltd., and the production efficiency has been improved. The growth of production and sales volume drives the scale effect, and the company reduces the unit processing cost, thus improving the product profit margin. At the same time, through the technical transformation and upgrading of Qinghai Electronic Materials Industry Development Co., Ltd., some equipment can not meet the production of products required by the existing market, and the company has accrued asset impairment reserves for some equipment.
Nuode Investment Co.Ltd(600110) its main business is the R & D, production and sales of copper foil. The downstream is mainly used in the standard copper foil in the field of 5g communication PCB and lithium battery copper foil in the field of new energy vehicle power lithium battery. Previously, according to Huaan Securities Co.Ltd(600909) , the global demand for lithium battery copper foil for power batteries will increase from 330300 tons in 2021 to 789200 tons in 2025, with a compound growth rate of about 30% in the next five years.
Red Star capital Bureau noted that on October 26, 2021, Chen Yubi, deputy general manager of Nuode Investment Co.Ltd(600110) , recommended a screenshot of his company’s stock circle of friends, which triggered a heated discussion. Chen Yubi, deputy general manager of “said that if the market value of the company is less than 50 billion yuan next year (2022), he will” sincerely apologize “. This “hard core” speech not only attracted the attention of investors, but also attracted the attention of regulators. Subsequently, Nuode Investment Co.Ltd(600110) received the supervision letter from the Shanghai Stock Exchange, requiring the company and relevant responsible persons to take warning and attach great importance to the above problems.
On October 27, Nuode Investment Co.Ltd(600110) shares once rose to 25.44 yuan, a record high. On the same day, it closed up 6.54% to 25.10 yuan per share, with a market value of more than 2 billion yuan. Compared with the lowest price of 6.64 yuan / share in April 2021, the share price increased by nearly four times.
Since then, the stock of Nuode Investment Co.Ltd(600110) has fallen all the way. As of the closing on January 28, 2022, the company reported 12.86 yuan / share, which has been halved compared with the highest point of the stock this year, and the market value of the company is 17.969 billion.
