wackyracescrash&dash| Lithium batteries: Hunan Yuneng's net profit per ton rebounded to 1000 yuan in the first quarterly report of 2024, leading other iron-lithium manufacturers
Source Gangtise Investment Research
analysts saidwackyracescrash&dashIn the first quarterly report of 2024, Hunan Yuneng's net profit per ton rebounded to 1000 yuan, ahead of other iron-lithium manufacturers; Dangsheng Technology's single ton profit recovered to 10,000 yuan, ahead of other ternary cathode manufacturers; Xiamen Tungsten Xinneng benefited from high-nickel ternary products, orders in 2024Q1 are full, and the net profit per ton is 7000 yuan. In the structural parts link, Kodali 2023Q4~2024Q1wackyracescrash&dashThe net interest rate of Zhenyu Technology exceeded market expectations. Zhenyu Technology's 2024Q1 lithium battery structural parts business improved significantly, and the net interest rate increased by 3 to 4pct month-on-month.