300919 CNGR Advanced Material
- 37.13
- -0.36-0.96%
CNGR Advanced Material News
Express News | Xinda Securities: The pattern of the Battery industry is expected to improve, and the Sector's profitability is likely to rebound.
Soochow: The supply and demand reversal in the lithium battery industry is imminent, and a bullish outlook is strong.
Soochow Securities stated that the demand in the lithium battery industry has exceeded expectations, with a non-weak season from November to December. The demand for 2025 has been revised up to over 30% growth, and the current valuation is at the profit bottom. Industry leaders are showcasing significant technological innovation and cost advantages, with profitability set to recover first. A supply-demand reversal is imminent, and there is strong bullish sentiment.
cngr advanced material (300919): The leading company in ternary precursors, accelerating self-supply of nickel and expansion overseas.
A leader in the ternary precursor industry, maintaining the number one market share. The company is primarily engaged in the research and development, production, processing, and sales of precursors for lithium battery cathode materials. According to statistics from Xinluo Lithium Battery, the company's domestic market share has increased from 23% in 2020 to 2023.
Cngr Advanced Material (300919.SZ): There is no situation where there are overdue receivables that cannot be collected with the European battery manufacturer Northvolt.
On November 26, 2023, cngr advanced material (300919.SZ) stated on the investor interaction platform that there are no outstanding debts or uncollectible amounts due from the european battery manufacturer Northvolt. The company places great importance on the management of accounts receivable, conducting regular risk analysis and targeted collection efforts to effectively shorten the accounts receivable period. As of September 30, 2024, the net cash flow from operating activities (cfo) of the company is 2.868 billion yuan, a year-on-year increase of 31.37%.
cngr advanced material (300919.SZ): has business collaborations with both domestic and foreign solid state battery clients, and has passed the relevant certifications, achieving supplies of over dozens of tons.
Gelonghui, November 26th - Cngr Advanced Material (300919.SZ) stated on the investor interaction platform that solid state batteries are the current focus of the new energy fund industry, and compared to existing battery technologies, solid state batteries mainly differ in the form of electrolytes. The company has always focused on the reserve and industrialization progress of cutting-edge technologies, conducting joint technical research and development with cathodes, battery and vehicle manufacturers in the long term, and actively collaborating with universities and research institutions to establish research and development platforms. Currently, the company has business cooperation with solid state battery customers at home and abroad, and has passed relevant certifications and achieved supply of dozens of tons or more.
cngr advanced material (300919.SZ): First buyback of 0.6009 million shares at a cost of 24.1896 million yuan.
Gelonghui November 18th, cngr advanced material (300919.SZ) announced that on November 15, 2024, the company repurchased shares for the first time through a special securities account for share repurchases through centralized competitive bidding trading. As of November 18, 2024, the company has repurchased a total of 600,900 shares through a special securities account for repurchases through centralized competitive bidding trading, accounting for about 0.06% of the company's existing total share capital. The highest fill price was 41.21 yuan per share, and the lowest fill price was 39.41 yuan per share, with a total cumulative fill amount of 24,189,567.20 yuan (excluding commissions, transfer fees, etc.
cngr advanced material (300919): the profit per ton of ternary precursor remains high, and the nickel project is expected to increase production.
Key points: In the first three quarters of 2024, revenue was 30.163 billion yuan, a year-on-year increase of 15%. The net income attributable to shareholders was 1.324 billion yuan, a year-on-year decrease of 4.5%. Among them, revenue in 2024 Q3 was 10.077 billion yuan, a year-on-year increase of 13.
cngr advanced material (300919): Stable profits from precursors, while profits from nickel products narrowed due to price fluctuations.
In the event description, cngr advanced material released the third quarter report of 2024, achieving a revenue of 30.163 billion yuan in the first three quarters, a year-on-year increase of 15.17%; net income attributable to shareholders was 1.324 billion yuan, a year-on-year decrease of 4.54%; non-net profit was 11.
Express News | This week, nearly 30 listed companies disclosed information on share buybacks, shareholding, and related re-loans. CNGR Advanced Material plans to repurchase shares with a special loan not exceeding 0.7 billion yuan.
CNGR Advanced Material Plans Up to 1 Billion Yuan Stock Buyback; Shares Up 9%
A-share lithium battery concept stocks are strong, Wanrun New Energy hits the limit up.
November 6th, Gelunhui: Wanrunxineng hits the daily limit, CNGR Advanced Material hits the daily limit, Ruitai New Material, Zhejiang Huayou Cobalt, Guangdong Jiayuan Technology and other stocks soar.
Express News | cngr advanced material: plans to repurchase shares worth 0.5 billion yuan to -1 billion yuan.
Cngr Advanced Material (300919): Performance meets expectations, globalization and integration steadily advancing.
The performance in 3Q24 basically meets our expectations. The company announced the 3Q24 performance: Revenue for 1-3Q24 was 30.163 billion yuan, up 15.2% year-on-year, and net income attributable to the parent company was 1.324 billion yuan, down 4.5% year-on-year;其中3
cngr advanced material (300919.SZ): Sales volume of nickel, cobalt, phosphorus, and sodium series products exceeded 0.21 million tons from January to September, with consecutive annual growth.
On October 31, cngr advanced material (300919.SZ) stated in investor relations that the sales of the four product lines from January to September 2024? Answer: The sales volume of nickel, cobalt, phosphorus, and sodium products exceeded 0.21 million tons, with consecutive annual growth. (1) The shipment volume of eight or more ternary precursors exceeded 0.08 million tons; (2) Benefiting from the expansion of consumer electronics demand, the cobalt products' sales volume in Q3 increased by 22% compared to the previous quarter, and the shipment volume of lithium cobalt oxide 4.5v and above exceeded 0.015 million tons; (3) The phosphorus products achieved a breakthrough growth, with an 80% year-on-year increase, ranking among the top players in the industry.
Cngr Advanced Material (300919.SZ): The cash flow from operating activities (cfo) in the third quarter report amounted to 2.868 billion, a year-on-year increase of 31.37%.
Gelonghui October 31st | CNGR Advanced Material (300919.SZ) stated in the investor relations that the company's operating cash flow has continuously improved in recent years. The cash flow from operating activities in the third quarter was 2.868 billion, a year-on-year increase of 31.37%. In the past two years, the company has introduced state-owned capital and maintained close cooperation with the four major banks, multinational banks, commercial banks, etc. The company has established a multi-channel, multi-level approach to promote capital expansion on the basis of sustainable development and sustainable profit creation.
Cngr Advanced Material (300919.SZ): is the largest supplier of front-drive materials for Tesla.
Gelonghui October 31st, cngr advanced material (300919.SZ) stated in investor relations that the company is the largest supplier of pre-drive materials for Tesla, the core provider and developer of Tesla's new products.
CNGR Advanced Materials (300919.SZ): Sodium battery precursor suitable for the latest lithium-sodium AB batteries introduced by Contemporary Amperex Technology.
Gelonghui on October 31st: Cngr advanced material (300919.SZ) stated in investor relations that cngr has established a long-term stable cooperation relationship with contemporary amperex technology. The company's sodium-ion battery precursor is suitable for contemporary amperex technology's latest lithium-sodium AB battery, which can solve issues such as low-temperature endurance.
cngr advanced material (300919.SZ): Is the core supplier of main manufacturers for sodium-ion precursor. Orders in the third quarter increased by 300% compared to the previous quarter.
Gelonghui October 31st | Cngr Advanced Material (300919.SZ) stated in the investor relations that the company is the core supplier of sodium ion precursor for major manufacturers. In the third quarter, orders increased by 300% compared to the previous quarter, with high-quality customers accelerating and production introduction. Among them, the hydroxide orders remain stable, carbonate orders gradually increase, and polyionic orders increase significantly.
Cngr Advanced Material (300919.SZ): From January to September 2024, the company's overall nickel product output in Indonesia exceeded 60,000 metal tons.
Gelonghui October 31st | cngr advanced material (300919.SZ) stated in investor relations that the company is actively promoting the construction and operation of various nickel intermediate product production bases in Indonesia, stabilizing the raw material supply system, improving the overall discourse power of the company, and enhancing risk resistance capabilities while ensuring volume growth. From the smelting side, the company has established four major nickel raw material industrial bases in Indonesia, with a total built and under construction capacity of nearly 0.2 million metric tons of metal; among them, the Debao and Emerald Bay projects have an annual production of 0.055 million metric tons of nickel metal, all achieving full production; NNI's 0.08 million metric tons of nickel metal ice nickel project and Indonesia's Zhongqing New Energy Fund 0.06 million metric tons of nickel metal ice nickel project are at various stages of completion.
Everbright Securities Lithium Battery Industry 2025 Investment Strategy: Grasping the inflection point from the perspectives of cycle and growth.
The key to the future profitability gap of battery companies lies in the sustainability and incremental space of demand (determining the level of capacity utilization, the higher the level, the smaller the gap), the degree of product differentiation (determining the price difference), solid state batteries, high-voltage fast charging, and other new technologies.
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