-The fuel power cell industry generally improved in the first quarter

The fuel power cell industry generally improved in the first quarter
author:enerbyte source:本站 click339 Release date: 2023-04-27 09:55:56
abstract:
Recently, several listed companies involved in fuel cell business have released their financial forecasts for the first quarter of 2019, and overall, the situation is promising. Wan Gang, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference and...

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Recently, several listed companies involved in fuel cell business have released their financial forecasts for the first quarter of 2019, and overall, the situation is promising. Wan Gang, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference and Chairman of the Chinese Association for Science and Technology, publicly stated at the Third International Conference on Hydrogen and Fuel Cell Vehicles held last year that "the next stage will be the era of fuel cell technology," and 2019 may become a year of great development for the fuel cell industry. Fuel cells also saw positive development in the first quarter of 2019.

After sorting out, it was found that Meijin Energy has the largest profit margin, with an estimated amount of 360 million to 420 million yuan; The profit of Snowman shares is the lowest, estimated at 1.5 million to 22.5 million yuan. In terms of growth rate, Antai Technology has the largest increase, with an estimated staggering 426.29% -467.57%; The profit estimates of several companies, including Xiongtao Group, Furui Special Equipment, and China National Heavy Duty Truck, have also shown significant growth.

Xiongtao Shares: Expected profit of 10 million to 20 million yuan in the first quarter

Recently, Xiongtao Co., Ltd. released a performance forecast, predicting a profit of 10 million to 20 million yuan from January to March 2019, compared to -15.1467 million yuan in the same period last year, an increase of 166.02% to 232.04% year-on-year.

According to the analysis of Xiongtao Co., Ltd., the main reasons for profitability include: during the reporting period, fuel cell investment and market development progressed smoothly, and efforts will continue to increase in the future; The sales revenue and profit of lithium-ion battery business have significantly increased; In the context of trade frictions between China and the United States, Vietnamese factories have full orders, resulting in a significant increase in sales and profits; The company transfers part of the equity investment project in the early stage to obtain investment income; The company and its subsidiaries receive government subsidies.

Wuhan Hydrogen Xiong Fuel Cell Technology Co., Ltd., a subsidiary of Xiongtao Co., Ltd., is a company with a complete domestic hydrogen fuel cell industry chain, which was put into operation last year.

Snowman Co., Ltd.: Estimated net profit for the first quarter is RMB 1.5 million to RMB 225 million

Recently, Snowman Co., Ltd. released a performance forecast, predicting that the net profit attributable to shareholders of the listed company from January to March 2019 would be 1.5 million to 225 million yuan, compared to 1.9995 million yuan in the same period last year, a year-on-year change of -24.98% -12.53%.

The reasons that support the company in making the above judgments are: the company continuously promotes new products and increases marketing efforts; Strengthen operational budget management and strengthen cost and expense control.

With its mature technology in the core component compressor field of fuel cells, Snowman Corporation has developed a clear strategic plan for fuel cells: to establish a wholly-owned subsidiary, Shanghai Snowman New Energy Technology Co., Ltd., and to participate in the establishment of Snowman Hydrogen Industry Investment Management (Pingtan) Co., Ltd.

Furui Tezhuang: Expected net profit for the first quarter is 2.6 million to 3.3 million yuan

Recently, Furui Tezhuang released a performance forecast, and the company expects the net profit attributable to shareholders of the listed company from January to March 2019 to be 2.6 million to 3.3 million yuan, a year-on-year increase of 11.15% to 41.08%.

Furui Tezhuang stated that the market for its main products, such as LNG cylinders and other equipment products, has continued the market situation in the fourth quarter of last year, with related orders being shipped and delivered one after another. The production and operation situation is stable, and the business performance is steadily improving. In the first quarter of 2019, the contribution of the company's non recurring gains and losses to net profit is expected to be around -4.6 million yuan, mainly due to losses from the disposal of fixed assets.

Furuite has the R&D and production capacity of 35kpa hydrogen bottles for vehicles, and has entered the field of hydrogen refueling stations and hydrogen bottles.

Meijin Energy: Expected net profit for the first quarter of 360 million to 420 million yuan

Recently, Meijin Energy released a performance forecast, and the company expects a net profit attributable to shareholders of the listed company of 360 million to 420 million yuan from January to March 2019, compared to 327.3628 million yuan in the same period last year, a year-on-year increase of 9.97% -28.30%.

The basis for the company's above prediction is that the company's clean coal production has increased significantly compared to the same period last year; The newly acquired subsidiary in 2018 contributed to the current period's profits.

In recent years, Meijin Energy has comprehensively laid out its hydrogen production, refueling stations, storage and transportation equipment, fuel cells, and fuel cell vehicles, and has formed a quite mature hydrogen energy industry chain.

Antai Technology: Expected net profit for the first quarter of 51 million to 55 million yuan

Recently, Antai Technology released a performance forecast, and the company expects a net profit of 51 million to 55 million yuan attributable to shareholders of the listed company from January to March 2019, compared to 9.6904 million yuan in the same period last year, a year-on-year increase of 426.29% -467.57%.

Antai Technology believes that the company's industrial structure adjustment has achieved initial results, with significant losses in the amorphous and welding business sectors. The sales scale of the company's main business sectors has increased year-on-year, and the performance contribution has significantly improved year-on-year; At the same time, the capital market has improved, and the market value of the listed company stocks held by the company's holding company Antai Venture Capital (Shenzhen) Co., Ltd. has significantly increased, contributing to the company's operating performance in the first quarter.

Antai Environment, a holding subsidiary of Antai Technology, has mature gas diffusion layer and metal bipolar plate technology, and its metal bipolar plate products have been supplied to fuel cell manufacturer Ballard.

Third Ring Group: Estimated net profit for the first quarter is RMB 213.88 million to RMB 251.63 million

Recently, Sanhuan Group released a performance forecast, predicting that the net profit attributable to shareholders of the listed company from January to March 2019 would be 213.8882 million yuan to 251.6331 million yuan, compared to 251.6331 million yuan in the same period last year, a year-on-year decrease of 0% -15%.

The group believes that the main reason for the decline in performance is that due to the slowdown in demand in the entire electronic product industry, the company's sales of semiconductor components and electronic component materials products followed a decline during the reporting period; During this reporting period, the company expects the impact of non recurring gains and losses on the net profit attributable to shareholders of the listed company to be approximately 14.9 million yuan, compared to 2.9859 million yuan in the same period last year.

Ceramic diaphragm for solid oxide fuel cell is one of the main businesses of Sanhuan Group.

China National Heavy Duty Truck Corporation: Estimated net profit for the first quarter is 290.4 million to 329.12 million yuan

Recently, China National Heavy Duty Truck Corporation (CNHTC) released a performance forecast. The company expects a net profit attributable to shareholders of the listed company from January to March 2019 of 290.4 million to 329.12 million yuan, compared to 193.6 million yuan in the same period last year, a year-on-year increase of 50% -70%.

The reason why the company has such optimistic expectations is mainly because the heavy truck industry has maintained a stable growth momentum, and the company's production and sales have also increased to a certain extent compared to the same period last year. At the same time, the company continued to strengthen effective cost control, improving its profitability and achieving significant performance growth.

China National Heavy Duty Truck Corporation (CNHTC) has started research and development of fuel cells since 2014 and has launched multiple fuel cell specific vehicles.

With the acceleration of fuel cell localization and the beginning of industrial development, some experts predict that by 2020, the sales of fuel cell vehicles in China will exceed 4000 units, and by 2022, they will exceed 12000 units, with huge potential for future development.

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