has finally rebounded after rumors, empty singing and falling in the first week of the year of the tiger.
On February 14, Contemporary Amperex Technology Co.Limited(300750) had an intraday increase of nearly 5% and finally closed at 508 yuan / share, an increase of 3.68%, with a total market value of 1.2 trillion yuan.
share price suddenly plunged
The strong rebound of Contemporary Amperex Technology Co.Limited(300750) share price has a lot to do with the news. On February 13, Contemporary Amperex Technology Co.Limited(300750) issued a statement saying that recently, a series of malicious rumors such as Contemporary Amperex Technology Co.Limited(300750) being sanctioned by the United States, being excluded from the gem weight index and collapse with Tesla have emerged on the network platform, causing misunderstanding and misinterpretation in the market and affecting the corporate reputation. Rumors are groundless, groundless and bad in nature. In order to safeguard the legitimate rights and interests of the enterprise, the company has officially reported the case to the public security organ on February 12 and will investigate the legal responsibility of the rumor mongers.
On the secondary market, the “ningwang” diving at the opening of the year of the tiger. From February 7 to February 11, the share price of Contemporary Amperex Technology Co.Limited(300750) continued to fall, from the high of 609.98 yuan / share to the lowest of 489 yuan / share, falling below the 500 yuan mark, down 19.83%, and the market value decreased by 282.004 billion yuan. Lengthen the field of vision. Since reaching an all-time high of 692 yuan / share on December 3, 2021, Contemporary Amperex Technology Co.Limited(300750) has fluctuated downward, with a maximum decline of nearly 30%.
At the same time, Contemporary Amperex Technology Co.Limited(300750) encountered rare institutional empty singing. On February 10, Wei Zhichao, chief economist of Capital Securities and Wang Weiran, a macro researcher, released a research report entitled “how long can Contemporary Amperex Technology Co.Limited(300750) fall? A quantitative analysis perspective”. The research report pointed out that when analyzing the future rise and fall of Contemporary Amperex Technology Co.Limited(300750) from the perspective of short-term market sentiment, we can refer to the stock price trend of Kweichow Moutai Co.Ltd(600519) in 2021. Through fitting, we can judge that the adjustment of Contemporary Amperex Technology Co.Limited(300750) may not be over, There may still be 20% room for decline in the future. It is recommended to sell.
However, some securities companies hold the opposite view. UBS said that Contemporary Amperex Technology Co.Limited(300750) has ushered in a buying opportunity, with a target price of 700 yuan. Secondly, unlike other stock price adjustment cases, the fundamentals of Contemporary Amperex Technology Co.Limited(300750) are very strong. UBS believes that Contemporary Amperex Technology Co.Limited(300750) will maintain stronger than expected growth in fiscal year 2022.
dominate for five consecutive years
In 2021, Contemporary Amperex Technology Co.Limited(300750) will remain the first in the global power battery industry. According to SNE research, a market research organization in South Korea, Shanxi Guoxin Energy Corporation Limited(600617) , the installed capacity of Contemporary Amperex Technology Co.Limited(300750) global power batteries ranked first in 2021, reaching 96.7gwh, with a market share of 32.6%. This has been Contemporary Amperex Technology Co.Limited(300750) the champion of global power battery installed capacity for five consecutive years.
An interesting phenomenon is that LG new energy, which is approaching Contemporary Amperex Technology Co.Limited(300750) step by step in 2020, shows fatigue. In 2021, the difference between the installed capacity of the two enterprises expanded from 1.9gwh in 2020 to 36.5gwh, and the market share also evolved from 1.2% to 12.3%.
But what will push Contemporary Amperex Technology Co.Limited(300750) to the throne is the rapid expansion of the Chinese market. According to the data of China automotive power battery industry innovation alliance, China’s installed capacity reached 80.51gwh in Contemporary Amperex Technology Co.Limited(300750) in 2021, accounting for 83.26% of the company’s global total. Last year, the installed capacity of power batteries in the Chinese market was 154.5gwh, a year-on-year increase of 142.8%, accounting for 52.06% of the global 296.8gwh.
In addition, according to the performance forecast released on Contemporary Amperex Technology Co.Limited(300750) January 27, in 2021, the company is expected to realize the net profit attributable to the parent company of 14 billion yuan to 16.5 billion yuan, with a year-on-year increase of 150.75% to 195.52%, deducting the non net profit of 12 billion yuan to 14 billion yuan, with a year-on-year increase of 181.38% to 228.28%.
This also exceeded the general expectations of institutions. According to the choice data, 41 institutions have predicted the performance of Contemporary Amperex Technology Co.Limited(300750) 2021 in the last six months, and the average predicted net profit is RMB 12.15 billion, a year-on-year increase of 117.6%. For the rising performance, Contemporary Amperex Technology Co.Limited(300750) said that the main reason was the increase in the market penetration of new energy vehicles and energy storage in 2021, which led to the growth of battery sales; The company has made progress in market development, released new production capacity and increased production and sales accordingly; The company strengthened cost control and reduced the proportion of expenses in revenue.
Competitors {123567}
After being the “king of Ning” for the first time in five years, is his status really unshakable?
As mentioned earlier, Contemporary Amperex Technology Co.Limited(300750) more than 80% of the global power battery installed capacity in 2021 came from the Chinese market. In contrast, 89.62% of LG new energy’s installed capacity came from markets outside China. Contemporary Amperex Technology Co.Limited(300750) the gap in the overseas market is the starting point for LG new energy to achieve anti surpassing. In January this year, Quan Yushou, CEO of LG new energy, announced to the media that considering the large backlog of battery orders on hand, it is expected that the company’s global market share will exceed Contemporary Amperex Technology Co.Limited(300750) , becoming the first in the world.
In addition, on January 27, LG new energy officially completed its listing, ranking second in South Korea in terms of market value, becoming the largest IPO in South Korea’s history and the second largest IPO in the world in nearly a year. This leaves more room for imagination for LG’s competition with Contemporary Amperex Technology Co.Limited(300750) .
Opponents from China also give “ningwang” a headache. On February 14, the reporter learned from Fujian Ningde intermediate people’s court that Contemporary Amperex Technology Co.Limited(300750) filed a lawsuit against honeycomb energy on the grounds of unfair competition, and the case will open this month. The defendants also include Wuxi Tianhong Enterprise Management Consulting Co., Ltd. and Baoding Yixin Consulting Service Co., Ltd., both of which are related parties of honeycomb energy.
Several court decisions show that from 2018 to 2019, nine Contemporary Amperex Technology Co.Limited(300750) employees joined Wuxi Tianhong and Baoding Yixin respectively to provide services for Contemporary Amperex Technology Co.Limited(300750) competitor honeycomb energy after leaving their jobs. Contemporary Amperex Technology Co.Limited(300750) believes that the nine people have violated the confidentiality and non competition agreement signed with them, so they are required to pay liquidated damages of 1 million yuan.
The same situation was encountered by AVIC lithium battery. On July 21, 2021, Contemporary Amperex Technology Co.Limited(300750) confirmed to a number of media that it had submitted an indictment on AVIC lithium battery patent infringement case and was accepted. Contemporary Amperex Technology Co.Limited(300750) said that the patents involved involve invention and utility model patents, and the batteries suspected of patent infringement have been carried on tens of thousands of vehicles. AVIC lithium denied, responding that the company has always adhered to independent research and development, and the products provided to customers have passed the comprehensive risk investigation of the professional intellectual property team, convinced that the company’s products do not infringe the intellectual property rights of others.
In fact, honeycomb energy and AVIC lithium battery are growing rapidly. The predecessor of honeycomb energy is Great Wall Motor Company Limited(601633) power battery business department, which separated from Great Wall Motor Company Limited(601633) independent operation in 2018. In 2021, honeycomb energy ranked 10th in the world with an installed capacity of 3.1gwh and a market share of 1%. Founded in 2015, AVIC lithium battery has replaced Contemporary Amperex Technology Co.Limited(300750) and become the first supplier of GAC new energy vehicles. In 2021, the installed capacity of power battery of AVIC lithium battery was 7.9gwh, ranking the seventh in the world.
In 2021, honeycomb energy successively completed round B and round B + financing of RMB 16 billion, and AVIC lithium battery completed financing of RMB 12 billion. The two competitors of Contemporary Amperex Technology Co.Limited(300750) are moving towards the capital market.
