做空碳酸锂期货 江特电机浮亏超千万元

Core Viewpoint - Jiangte Electric (002176) has reported a floating loss exceeding 10% of its audited net profit from the last year, amounting to over 10 million yuan, due to short-selling lithium carbonate futures amid rising prices [3][4]. Group 1: Financial Impact - The company's trading in commodity futures and derivatives has resulted in confirmed losses and floating losses that exceed 10% of its recent audited net profit [3]. - The primary reason for the losses is the continuous rise in lithium carbonate futures prices, which has negatively impacted the company's futures account [4]. - Jiangte Electric's net profit has been in decline for two consecutive years, with reported losses of 396.91 million yuan in 2023 and 319.18 million yuan in 2024 [9]. Group 2: Business Operations - Jiangte Electric engages in commodity futures and derivatives trading to mitigate operational risks from price fluctuations in raw materials and products [7]. - The company has a diversified business model, focusing on electric motors and lithium products, with a comprehensive industrial chain from lithium ore extraction to lithium salt production [8]. - The company has faced challenges in its performance, with revenues dropping from 2.799 billion yuan in 2023 to 2.103 billion yuan in 2024 [9]. Group 3: Market Conditions - Recent data indicates that the average price of battery-grade lithium carbonate rose from 92,400 yuan per ton a month ago to 116,300 yuan per ton, marking an increase of over 8% [7]. - The main futures contract for lithium carbonate on the Shanghai Futures Exchange surpassed 130,000 yuan per ton, reaching a new high since November 2023 [7]. Group 4: Resource Management - Jiangte Electric holds over 10 million tons of lithium resources in the Yichun area, with multiple mining and exploration rights [11]. - The company is currently contesting the potential cancellation of its mining rights for the Shiziling lithium ceramic stone mine and is preparing for the production of the Qian坑 lithium mine [12].