股票代码：002245 股票简称：蔚蓝锂芯 编号：2024-049 按照《企业会计准则第 16 号—政府补助》的相关规定，与资产相关的政府 补助是指企业取得的、用于购建或以其他方式形成长期资产的政府补助；与收益 相关的政府补助是指除与资产相关的政府补助之外的政府补助。上述政府补助为 地方政府对企业产业投资的补助资金，属于与资产相关的政府补助。 2、补助的确认和计量 按照《企业会计准则第 16 号—政府补助》的相关规定，公司收到与资产相 关的政府补助时，确认为递延收益；公司收到与收益相关的政府补助时，与企业 日常活动相关的政府补助，按照经济业务实质，计入其他收益或冲减相关成本费 用，与企业日常活动无关的政府补助，计入营业外收支。上述政府补助 1,000.00 万元属于与资产相关的政府补助，因此将全部计入递延收益。 江苏蔚蓝锂芯股份有限公司 关于子公司获得政府补助的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、获得补助的基本情况 江苏蔚蓝锂芯股份有限公司（以下简称"公司"）全资控股的下属公司天鹏 锂能技术（淮安）有限公司（以下简称"天鹏锂能"）于近日收 ...

2024 年 7 月 29 日 最新收盘价（元） 8.21 52 周内最高/最低价 11.30 / 5.63 市盈率 67.18 股票投资评级 -49% -44% -39% -34% -29% -24% -19% -14% -9% -4% 1% 2023-07 2023-10 2023-12 2024-03 2024-05 2024-07 蔚蓝锂芯 电力设备 研究所 上半年业绩同比大幅改善，锂电业务景气向好 事件：蔚蓝锂芯披露 2024 年半年报。 上半年利润同比高增，符合预期。2024H1，公司实现营收 30.65 亿元，同比+36.19%；实现归母净利 1.67 亿元，同比+301.74%；实现 扣非归母净利 1.24 亿元，同比+260.10%。归母净利落于此前业绩预 告中值偏上，扣非归母净利接近此前业绩预告上限，业绩符合预期。 二季度盈利超 9000 万元，同环比均实现显著提升。分季度来看， 公司 24Q2 实现营收 16.36 亿元，同/环比分别+28.11%/+14.44%；实 现归母净利 9666 万元，同/环比分别+78.34%/+36.78%。锂电池业务 海外大客户去库存基本结束，相关采购逐 ...

2024 年 4 月 24 日，公司使用 30,000 万元闲置募集资金购买了中国民生银 行股份有限公司苏州分行购买结构性理财产品（91 天），上述具体内容详见公 司 2024 年 4 月 25 日在巨潮资讯网（http://www.cninfo.com.cn）及《证券时报》 披露的 2024-024 号《关于使用部分闲置募集资金进行现金管理的进展公告》。 股票代码：002245 股票简称：蔚蓝锂芯 编号：2024-047 江苏蔚蓝锂芯股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 江苏蔚蓝锂芯股份有限公司（以下简称"公司"）于 2023 年 8 月 11 日召开 第六届董事会第八次会议、第六届监事会第七次会议，2023 年 8 月 30 日召开 2023 年第一次临时股东大会，审议通过了《关于使用部分闲置募集资金进行现金管理 的议案》，同意公司（含子公司）在不影响募集资金投资项目建设和正常生产经 营的前提下，使用不超过人民币 10 亿元的闲置募集资金进行现金管理，投资安 全性高、流动性好的保本型投 ...

请务必阅读正文之后的信息披露和法律声明 | --- | --- | |-----------------------------------------------------------------|------------------| | 股票数据 | | | 07 [ Table_StockInfo 月 24 日收盘价（元） ] | 8.14 | | 52 周股价波动（元） | 5.40-11.40 | | 总股本 / 流通 A 股（百万股） | 1152/1087 | | 总市值 / 流通市值（百万元） | 9378/8850 | | 相关研究 | | | [Table_ReportInfo] 《 24Q1 业绩持续修复，预计锂电池业务全年 | | | 实现量利齐升》 2024.05.31 | | | 《 23 年公司业绩承压， 24 | 年需求复苏带动公 | | 司利润回暖》 2024.04.09 | | 分析师:马天一 Tel:(021)23185735 Email:mty15264@haitong.com 证书:S0850523030004 分析师:吴杰 Tel:(021)23183818 E ...

Summary of Conference Call Transcript Company and Industry Overview - The conference call pertains to **Weilan Lithium** and its performance in the **lithium battery** and **LED** sectors. Key Financial Metrics - For the first half of 2024, the company's **operating revenue** reached **3.064 billion** (30.64亿), representing a **36.19%** year-over-year increase [1] - In Q2 2024, the operating revenue was **1.6356 billion** (16.356亿), showing a **14.44%** quarter-over-quarter growth [1] - The **net profit attributable to shareholders** for the first half was approximately **167 million** (1.67亿), a significant increase of **301.74%** compared to the same period last year [1] - In Q2, the net profit was **96.66 million** (9666万), reflecting a **36.78%** quarter-over-quarter increase [2] Segment Performance - **LED Segment**: - Q2 revenue was **402.33 million** (4.0233亿), a **15.55%** quarter-over-quarter increase, and half-year revenue was **750.51 million** (7.5051亿), up **78.71%** year-over-year [3] - Net profit for the LED segment in the first half was **30.35 million** (3035万) [4] - **Lithium Battery Segment**: - Half-year operating profit was **1.106 billion** (11.06亿), a **24.7%** increase year-over-year, with Q2 profit at **600.89 million** (6008.9万), up **22.49%** quarter-over-quarter [4] - Net profit for the lithium battery segment was **66.25 million** (6625万) in the first half [4] - **Metal Materials Segment**: - Half-year revenue was **1.15681 billion** (11.5681亿), a **13.76%** increase year-over-year, with Q2 revenue at **586.75 million** (5.8675亿), a slight increase of **2.93%** [4] - **Other Businesses**: - Revenue for other businesses was **51.48 million** (5148万), showing a notable increase year-over-year [4] Gross Margin and Production Insights - The gross margin for the lithium battery segment improved to **15.13%** in the first half of 2024, with Q2 margin at **15.34%** [5] - Total battery shipments for the first half of 2024 were **175 million** (1.75亿), with Q2 shipments close to **100 million** (1亿) [6] - The average profit per battery unit was approximately **0.4** (四毛) in the first half [7] Capacity and Utilization - Current production capacity is **50 million** (5000万) units, with a target to reach **70 million** (7000万) units by the end of the year [8] - The company anticipates a reduction in unit costs by **0.3** (三毛) for every **30-40 million** (三亿到四亿) units produced [8] Market Trends and Customer Dynamics - The company expects a significant increase in overseas sales, particularly in the electric tools sector, during the second half of the year [10][11] - The sales structure is shifting, with a focus on outdoor garden tools and electric tools, which are expected to see increased demand [10][11] - The company is actively monitoring price adjustments from competitors, particularly Samsung, which has initiated price increases [12][14] Inventory and Subsidies - The current inventory level is approximately **43 million** (4300万) units, which is below the normal inventory level [33] - Government subsidies for the LED and battery segments are expected to contribute around **30-40 million** (三四千万) annually [25][27] Future Outlook - The company aims to achieve a **50%** overseas customer order ratio by the end of the year, with confidence in meeting this target [32] - The expected gross margin in a stable supply-demand environment is projected to be between **20-25%**, with net margins between **10-15%** [46] Additional Insights - The company is expanding its production capabilities in Malaysia, which will enhance its ability to serve international customers and mitigate supply chain risks [22][49] - The focus remains on high-rate cylindrical battery products, with ongoing development in capacity-type batteries to meet market demands [39][41]

锂电池上半年强劲反弹，下半年有望满产 公司锂电池出货量稳中有进，盈利能力稳定。2024年上半年，公司锂电池业务 实现营业收入约 11.06 亿，同比增长 78.71%，出货约 1.75 亿颗，其中二季度 近 1亿颗，营收约 6.1亿元，环比增长 22.49%。三季度目标 1.5亿颗，出货量 稳步上升。公司上半年单颗盈利约 0.4 元，下半年在稼动率提升情况下，有望 进一步提升。 [Table_StockInfo] 2024 年 07 月 23 日 证券研究报告•2024 年中报点评 持有 （维持） 当前价：8.06 元 蔚蓝锂芯（002245）电力设备 目标价：——元（6 个月） [Table_Summary] 事件：2024 年上半年，公司实现营收近 30.65 亿元，同比增长 36.19%；实现 归母净利润 1.67 亿元，同比增长 301.74%；扣非归母净利润 1.24 亿元，同比 增长 260.1%。2024Q2 公司实现营收 16.36 亿元，环比增长 14.44%；归母净 利润 0.97 亿元，环比增长 36.78%，扣非归母 0.76 亿元，环比增长56.33%。 目前去库存已经基本完成，行业 ...

接下来花点时间把这次中报的一些数据的情况 经营的结果跟大家报告一下二十四年的半年度整个公司的营业收入三十亿六千四百多万同比的话增长了三十六点一九 其中二季度的营业收入是6亿3560万环比季度递增了14.44%规模上市公司股东的经济润半年度1亿6700多万同期相比增长了301.74% 其中二季度9666万环比季度环比增长了36.78关于上市公司股东的扣飞之后的经济润半年度1.24亿同比的话增长了260.1季度环比其中这个二季度其中二季度扣飞7574万 记录完毕56.33这个是我们整体的上市公司的连业收入利润 费用利润以及扣费利润接下来我猜一下我们分行业的营收的一些数据主要是三个经营板块还有一个其他的上市公司的一个独立的板块那分行业的营收数据LED LED这个二季度二季度的这个营业收入4亿233万季度环比15.55半年度的话是7亿5051万半年度同比增长了78.71%铝电池半年度营业利润11亿0600万同比增长了24.7 其中二季度六亿零八十九万季度完毕增长了二十二点四九金属业务板块半年度定业收入十一亿五千六百八十一万同期增长了十三点七六其中二季度五亿八千六百七十五万略为增长两点九三 其他的业务还有半年度1148 ...

Investment Rating - The report maintains a "Recommended" rating for the company with a target price of 8.06 yuan [3]. Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2024, with revenue reaching 1.67 billion yuan, up 36.19% year-on-year, and net profit of 124 million yuan, up 260.10% year-on-year [3]. - The lithium battery business experienced substantial growth, with revenue of 1.11 billion yuan, an increase of 15.13% year-on-year, driven by recovering downstream procurement and increased order volume [3]. - The LED business also showed strong performance, with revenue of 751 million yuan, up 24.70% year-on-year, benefiting from successful entry into major global customer supply chains [3]. - The metal logistics distribution business maintained a leading position, with revenue of 1.16 billion yuan, up 13.76% year-on-year, indicating a stable operational status [3]. Financial Performance Summary - Total revenue for 2023 is projected at 5,222 million yuan, with a growth rate of -16.9%. For 2024, revenue is expected to reach 6,741 million yuan, growing by 29.1% [4][10]. - The net profit attributable to shareholders is forecasted to be 141 million yuan in 2023, increasing to 429 million yuan in 2024, reflecting a growth rate of 204.9% [4][10]. - The company's gross profit margin is expected to improve from 12.80% in 2023 to 15.95% in 2024 [4][10]. Earnings Forecast - The company is expected to achieve revenues of 8,190 million yuan in 2025 and 9,544 million yuan in 2026, with corresponding net profits of 569 million yuan and 641 million yuan respectively [4][10]. - The projected PE ratios for 2024, 2025, and 2026 are 22, 16, and 14 respectively, indicating a favorable valuation trend [4][10].

证券代码:002245 证券简称:蔚蓝锂芯 | --- | --- | --- | |----------------|---------------|-------------| | 投资者关系活动 | □特定对象调研 | 分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | | | | | | | □新闻发布会 | □路演活动 | □现场参观 ☑其他 电话会议 参与单位名称及 天风证券 孙潇雅;中信证券 吴威辰;东吴证券 曾朵红、阮 人员姓名 巧燕、朱家佟;东方证券 卢日鑫、朱洪羽、王树娟;财通证 券 韩家宝、程嘉琳等券商分析师 89 人,以及平安基金 黄维; 中信建投基金 冯飞洋;海富通基金 陆怡雯;易方达基金 万 宇翔;汇添富基金 李超;南方基金 钟贇;长盛基金 郭堃等 公募基金 22 人,中国人寿、上海人寿、昆仑健康保险、国泰 财产保险等保险机构 12 人,私募基金 67 人,银行及银行理财 机构 4 人,证券资管 7 人,QFII/QQFII 机构 4 人,境外机构 6 人,一般机构 32 人,信托机构 2 人,其他 2 人,合计参会人 员 247 人。 时间 2024 年 7 月 23 ...

Investment Rating - The report maintains a "Buy" rating for the company [9] Core Insights - The company's H1 2024 revenue reached 3.06 billion yuan, a year-on-year increase of 36%, with a net profit attributable to shareholders of 167 million yuan, up 301% [19] - The Q2 2024 revenue was 1.64 billion yuan, a 30% increase year-on-year, with a net profit of 97 million yuan, up 78% [19] - The company has shown strong performance in metal logistics and LED business, with significant revenue growth and profitability [2][19] Financial Performance Summary - H1 2024 revenue from metal logistics was 1.16 billion yuan, up 14% year-on-year, contributing a profit of 75 million yuan [2] - H1 2024 revenue from LED business was 750 million yuan, a 79% increase year-on-year, contributing a profit of 30 million yuan [2] - The company expects to achieve a profit contribution of over 150 million yuan from metal logistics for the full year [2] - The lithium battery segment reported H1 revenue of 1.11 billion yuan, a 25% increase year-on-year, with a total shipment of 175 million units [8] Earnings Forecast and Valuation - The report revises the net profit forecast for 2024-2026 to 390 million, 480 million, and 560 million yuan respectively, reflecting year-on-year growth of 180%, 22%, and 17% [9] - The corresponding P/E ratios are projected to be 23x, 19x, and 16x for the years 2024, 2025, and 2026 [9]