When it was first covered, did Goldman Sachs think it could increase by another 50% during the Ningde era?

Goldman Sachs is optimistic about the technological advantages and profitability of the Ningde era, and gives a purchase rating and a target price of 304 yuan. The average annual EPS growth rate in the 2024-2030 era is 26%, of which 21% comes from sales growth and 1% from unit gross profit expansion.

wallstreetcnMay 20 04:34 ET

Lithium prices plummeted, falling out of 19% profit growth in the Ningde era | Insight Research

Q1 In the Ningde era, revenue declined, but profit increased

wallstreetcnApr 15 20:56 ET

Nio Aims for Longer-life EV Batteries Through Tech Partnership With CATL

Nio (NYSE:NIO) inked a framework agreement with Contemporary Amperex Technology Co. to carry out innovation in the research and development of long-life batteries according to the needs of the electric vehicle maker's power swap.

Seeking AlphaMar 18 06:52 ET

Domestic market share returned to 50% during the Ningde era | Insight Research

The flames of the NEV price war have already burned into the power battery market. In February of this year, some second- and third-tier power battery manufacturers, such as Gateway Power, were still in a state of shutdown and production. Combined with holiday disturbances, the recovery of the power battery market was slightly slow. In February, power battery production reached 43.6 GWh, down 33.1% from month to month, down 3.6% year on year; sales volume was 37.4 GWh, down 10.1% year on year, down 34.6% month on month; installed capacity reached 18 GWh, down 18.1% year on year and 44.4% month on month. Overall, the power battery market sentiment did not perform well in February

wallstreetcnMar 11 23:06 ET

The achievements of the Ningde era relied on “volumes” to go overseas | Insight Research

Compared with second- and third-tier power battery manufacturers, the Ningde era still performed excellently

wallstreetcnJan 31 04:15 ET

Ningde Times, China Shenhua, Muyuan Co., Ltd.... A number of A-share giants are forecasting annual results!

On the evening of January 30, a number of A-share listed companies announced their 2023 annual results forecasts. A few companies are happy and a few are sad. The Ningde Era expects net profit to increase by more than 30% over the same period last year, reaching 42.5 billion yuan to 45.5 billion yuan, with daily earnings exceeding 116 million yuan; China Shenhua's profit in 2023 will drop 9.9% to 14%, and the drop in coal prices will affect performance. Sluggish pig prices have caused most listed pig companies to report losses in 2023, and industry differentiation has intensified. Among them, Muyuan Co., Ltd. expects a net loss of 3.9 billion to 4.7 billion yuan in 2023, and a profit of over 13.2 billion yuan in 2022. The price of lithium carbonate fell sharply, with a decline of more than one year

wallstreetcnJan 30 08:48 ET