On the afternoon of the 14th, Youngy Co.Ltd(002192) ‘s stock bar was particularly lively. There are also people in the front foot who say they want to clear their positions and “run for their lives and exchange shares”. The heavy benefits of the back foot are coming. Stimulated by the pre increase report, investors have said that they are too burning and it is the rhythm of the limit.
year on year growth of 1238474% ~ 1515913%
On the afternoon of April 14, Youngy Co.Ltd(002192) released the performance forecast for the first quarter of 2022.
The announcement shows that from January 1, 2022 to March 31, 2022, Youngy Co.Ltd(002192) performance is expected to be the same upward. Among them, the net profit attributable to shareholders of listed companies was 225 million yuan to 275 million yuan, with a year-on-year increase of 1238474% ~ 1515913%; The basic earnings per share ranged from 0.8665 yuan to 1.0591 yuan.
Youngy Co.Ltd(002192) said that there are three main reasons for performance changes.
First, during the reporting period, affected by the increase of macro policies and market demand, the prosperity of the new energy industry continued to improve, the price of upstream materials and products in the lithium battery industry continued to rise sharply, and the demand for lithium battery materials and equipment continued to increase, which had a positive impact on the operating performance of the company’s lithium mining and beneficiation business, lithium salt processing and smelting business and lithium battery equipment manufacturing business.
Second, during the reporting period, the associated enterprises operating lithium salt business made substantial profits, and the investment income recognized by the company increased significantly.
Third, during the reporting period, as the associated enterprises consumed lithium concentrate, produced lithium salt and realized external sales, the unrealized internal transaction profits of lithium concentrate in the previous year were realized simultaneously.
shares boiling: finally wait for you
In terms of share price, over the past year, the share price of Youngy Co.Ltd(002192) has been like a roller coaster, climbing from the low price of 44.4 yuan in April 2021 to a high of 193.9 yuan, with a range increase of nearly 337%. However, it has fluctuated all the way since then.
On April 12, Youngy Co.Ltd(002192) released the annual performance express of 2021. During the reporting period, the company achieved a total operating revenue of 921 million yuan, an increase of 136.09% year-on-year; The operating profit was 108 million yuan, a year-on-year increase of 445.37%; The total profit was 108 million yuan, a year-on-year increase of 364.29%; The net profit attributable to the shareholders of the listed company was 682894 million yuan, a year-on-year increase of 224.49%; The basic earnings per share was 0.2630 yuan, a year-on-year increase of 224.69%.
On April 13, Youngy Co.Ltd(002192) rose 5.21% in intraday trading, and finally closed at 102.42 yuan / share, up 2.63%; But on the 14th, it fell below 100 yuan to 99.80 yuan / share. According to the data, Liangrong sold 271 million yuan in the past 20 days. As of April 13, Shenzhen Stock connect continued to reduce its positions.
Affected by this, the general mood of stock bar investors is relatively low recently. Some say it is difficult and sad to speculate in stocks, and some predict that the company’s first quarterly report may be seriously lower than expected. In addition, many investors say they want to clear their positions and “run for their lives and exchange shares”.
The first quarterly report of Youngy Co.Ltd(002192) was released as soon as the front foot of the investors predicted that the first quarterly report would be thunderous. The investors also quickly boiling over this, saying that it was too burning and the rhythm of the limit was rising. Some investors said that “it has exceeded expectations. It’s like watching their son enter a key high school and a play in a key university. It’s good and gratifying.”
Chioce data show that as of March 31, 2022, Youngy Co.Ltd(002192) shareholders had a total of 33000 households, an increase of 6.45% compared with 31000 households in the previous period (February 28, 2022).
2022 lithium concentrate output is expected to increase
As a non-ferrous metal mining and dressing company, Youngy Co.Ltd(002192) is mainly engaged in the new energy lithium battery material industry chain, mainly including lithium mining and dressing, lithium salt and deep processing, lithium battery equipment and other businesses, and shares in nickel cobalt lithium hydrometallurgy and deep processing, lithium battery cathode materials and other business segments.
According to the disclosure of the company’s 2021 semi annual report, Rongda lithium under the company has formed an open-pit mining capacity of 1.05 million tons / year and a beneficiation capacity of 450000 tons / year for ore processing, which is the largest lithium mining enterprise in China. In addition, in terms of lithium battery equipment, its subsidiary Dongguan Derui sells Byd Company Limited(002594) . It is reported that the lithium battery equipment given by Dongguan Derui to Byd Company Limited(002594) is mainly used in Shenzhen, Shanghai, Chongqing, Xi’an Blade battery production lines in Changsha, Bengbu, Qinghai and other places.
In terms of the composition of operating revenue, the total revenue of Youngy Co.Ltd(002192) in the first half of 2021 was 335 million yuan, with a year-on-year increase of 176.01%. Among them, the income of lithium salt processing and smelting industry accounts for 51.7%, precision equipment manufacturing industry accounts for 35.98%, and lithium mining and beneficiation industry accounts for 12.13%.
Benefiting from the rapid development of new energy vehicles, energy storage and other industries, there is a strong demand for lithium battery materials and equipment, the sales price of lithium products has increased significantly year-on-year, and the sales revenue of Youngy Co.Ltd(002192) lithium salt products and lithium battery equipment has further increased. However, according to the performance express data in 2021, Youngy Co.Ltd(002192) is not bright in the industry.
According to the data of China stock market news choice, as of April 14, 31 companies in the non-ferrous metal industry of Shenwan industry had released the performance express of 2021. Among them, the operating revenue of 31 companies increased year-on-year, the net profit of 30 companies increased year-on-year, and one company turned loss into profit year-on-year. Although Youngy Co.Ltd(002192) has the highest revenue growth, there is still a large gap compared with Ganfeng Lithium Co.Ltd(002460) in terms of total revenue, and the year-on-year growth of net profit is also lower than that of Nuode Investment Co.Ltd(600110) .
In the stock bar, just after the announcement of 2021 performance express, in the face of low revenue and net profit attributable to the parent company, some people asked Youngy Co.Ltd(002192) whether it was full production, and others speculated that the company might leave the good to the first quarter.
According to the report of Shanghai Nonferrous Metals network, Youngy Co.Ltd(002192) said that the lithium mine production in 2021 superimposed the unified shutdown and epidemic impact before the central supervision inspection, resulting in the reduction of effective production time. It is estimated that the lithium mine output in 2021 is less than that in 2020, and the lithium concentrate decreased year-on-year last year.
Youngy Co.Ltd(002192) in the information of investigation activities at the end of February, it was revealed that the company currently owns the overall mining right of No. 134 vein in Kangding methylkalihydrite mining area, with a certified reserve of 28.995 million tons. As of December 31, 2020, 1.368 million tons of ore had been used and 27.923 million tons of resource reserves had been retained in the mine. The average grade of lithium ore of the company is 1.42%. About 5-6 tons of raw ore can select 1 ton of 6% grade lithium concentrate, and the production of 1 ton of lithium salt requires about 8-9 tons of 6% grade lithium concentrate.
As for the EIA progress of the 2.5 million T / a lithium ore concentration project that Youngy Co.Ltd(002192) is most concerned by the outside world, Youngy Co.Ltd(002192) recently responded that the main project of the company’s 2.5 million T / a lithium ore concentration project has not yet started construction, and the selection of beneficiation equipment and some suppliers have been determined. If the project starts construction, the equipment installation will be about in the middle and late stage of construction.
In addition, Youngy Co.Ltd(002192) also said that before the 2.5 million T / a concentration plant was put into operation, the company’s capacity was the existing capacity, and the capacity of lithium concentrate at full capacity was about 70 Faw Jiefang Group Co.Ltd(000800) 00 T / A. the specific output depends on the actual production time. It is expected that the effective production time in 2022 will be longer than that of last year, and the amount of lithium concentrate minerals will increase compared with the same period in 2021.
