On April 10, Tianshan Aluminum Group Co.Ltd(002532) released the performance forecast for the first quarter of 2022. In the first quarter, it is expected to realize the net profit attributable to the listed company of 1.1 billion yuan, with a significant year-on-year increase of 34.38%; Deduct 106000 yuan of non net profit, 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 profit growth, the announcement pointed out 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 profit of the company. In addition, thanks to the abundant coal resources and price advantages in Xinjiang, the company continues to maintain the advantage of low power cost, and the rise of power cost is far lower than the industry level. It means that the company can operate smoothly in the upstream of the epidemic situation, avoid the fluctuation of raw material prices, and ensure the smooth operation of the company’s production line in the first quarter, so as to ensure the safe operation of the company’s production line in the face of the fluctuation of raw material prices.
Tianshan Aluminum Group Co.Ltd(002532) downstream industries are also developing simultaneously. The announcement 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. It is reported that the 60000 tons of 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 of annual production capacity. At present, Tianzhan brand high-purity aluminum produced by Tianshan Aluminum Group Co.Ltd(002532) has been highly recognized by customers at home and abroad, and long-term orders have been signed, and the products are in short supply.
The relevant person in charge said that in 2022, the company plans to invest in advanced equipment in Jiangyin and Xinjiang to build a power battery aluminum foil production base. The first phase plans to build a production capacity of 100000 tons to provide positive aluminum foil materials for power batteries for electric vehicles, and strive to put into operation in 2023. 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.
According to him, 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.
