Tianshan Aluminum Group Co.Ltd(002532) april 10 disclosed the performance forecast for the first quarter of 2022: the net profit attributable to the listed company was 1.1 billion yuan, a significant year-on-year increase of 34.38%; Deduct non net profit of 1.06 billion yuan, with a year-on-year increase of 35.74%; The basic earnings per share was 0.24 yuan, an increase of 33.33% over the same period last year.
As for the reasons for the steady growth of profits, the report shows that the aluminum industry has maintained a high industry prosperity since this year, and the price has remained between 20000 yuan / ton and 23000 yuan / ton, so as to improve the overall profits of the company; In addition, thanks to the abundant coal resources and price advantages in Xinjiang, Tianshan Aluminum Group Co.Ltd(002532) continues to maintain the advantage of low power cost, and the rise of power cost is far lower than the industry level. The complete layout of the upstream industrial chain effectively avoids the risk of raw material supply and price fluctuation, and also enables the company to ensure the safe and stable full load operation of each production line and successfully complete various production and operation indicators in the first quarter. During the reporting period, the output of anode carbon project increased by 51% year-on-year, and the self-sufficiency rate was further improved.
Relying on the strong industrial chain advantage of the upstream, Tianshan Aluminum Group Co.Ltd(002532) also makes steady efforts in the downstream industry. In the high-purity aluminum sector, production and sales in the first quarter of this year further increased. The report shows that the company’s high-purity aluminum output in the first quarter increased by 156% year-on-year, the sales volume increased by 158% year-on-year, the profit increased by 226% year-on-year, and the performance entered the runway of rapid growth. At present, the 60000 ton production capacity planned and constructed in phase I of the company is about to be fully put into operation. The company plans to increase the production scale to 100000 tons per year.
Power battery aluminum foil is the key material in the field of new energy vehicle power battery at present. It is expected that the annual market demand increment will exceed 100%, the demand growth will be strong, the product supply will not meet the demand, the profit will be considerable, and the development prospect will be broad. Due to the high technical and technological threshold of the product, only a few enterprises in the market have certain production capacity. In 2022, Tianshan Aluminum Group Co.Ltd(002532) made another big move in the downstream aluminum processing sector. It is planned to invest in advanced equipment in Jiangyin and Xinjiang to build aluminum foil production bases for power batteries. In phase I, it is planned to build a production capacity of 100000 tons to provide positive aluminum foil materials for power batteries for electric vehicles.
Tianshan Aluminum Group Co.Ltd(002532) has been engaged in the production of aluminum foil for nearly 20 years. On the basis of using the original production base and technical team, it actively introduces the professional technical team and technology of battery foil, invests in advanced equipment, quickly cuts into the power battery foil track, and strives to be put into operation in 2023. The project will build a high-end production base with first-class technology and management. After the first phase is completed and put into operation, the company will continue to increase investment according to market demand and build the power battery foil into a global leading manufacturer of scale, technology and products.
The production of high-purity aluminum and power battery aluminum foil will become a new profit growth point of the company and further consolidate the advantages of Tianshan Aluminum Group Co.Ltd(002532) whole industry chain integration.
