Since 2022, the power + energy storage market has continued to flourish, and lithium-ion battery shipments have grown significantly, which in turn has driven the demand for electrolytes and their upstream raw materials to jump, especially trolling motor battery and lithium rv battery are particularly popular. Recently, a number of listed companies in the electrolyte industry chain have released H1 performance forecasts. Specifically, there are the following top 5 battery electrolyte companies in China.
Top 5 battery electrolyte companies
TINCI ranks first in top 5 battery electrolyte companies, during the reporting period, affected by the growth in demand in the new energy vehicle industry, the company's lithium-ion battery material electrolyte and cathode material product sales and prices both increased significantly year-on-year; At the same time, the company's production capacity has been accelerated, and the strategy of integrated industrial chain layout has achieved remarkable results.
TINCI Materials continues to expand the production capacity of lithium battery materials, increase the proportion of self-supply of lithium hexafluorophosphate, additives, new lithium salts, etc., and consolidate the strategic layout of the integrated industrial chain. Tinci Materials expects H1 net profit of 2.8 billion RMB to 3 billion RMB in 2022, a year-on-year increase of 257.7% to 283.3%, which has exceeded the net profit of last year.
Total market value: 113.675 billion RMB
CAPCHEM was founded in 1996 and listed on the GEM of the Shenzhen Stock Exchange in 2010. It is a world-leading electronic chemicals and functional materials company. The company as top 5 battery electrolyte companies in China focuses on the research and development, production and sales of lithium battery chemicals, capacitor chemicals, organic fluorine chemicals and semiconductor chemicals, and is committed to providing customers with first-class "one-stop" product solutions. The company is headquartered in Shenzhen, and now has multiple production bases in Guangdong, Jiangsu, Fujian, Hunan, Hubei, Poland, the United States, and branches in Japan and South Korea. The global new energy vehicle industry continues to be highly prosperous.
The company's battery chemicals business has strengthened close cooperation with strategic customers, resulting in an increase in market orders and a significant year-on-year increase in production and sales, now become top 5 battery electrolyte companies. CAPCHEM has core products and technical advantages in new lithium salts, solvents and additives, and has made a relatively comprehensive upstream integrated layout, including self-built capacity for new lithium salts, carbonate solvents and additives; Xinzhoubang's H1 net profit in 2022 is 980-1.03 billion RMB, a year-on-year increase of 125%-135%, which is close to the net profit of last year.
Total market value: 36.774 billion RMB
Company website: www.capchem.com
DFD in top 5 battery electrolyte companies was established in December 1999 and listed on May 18, 2010. The company is mainly engaged in the research and development, production and sales of high-performance inorganic fluorine, lithium-ion battery materials, semiconductor lighting materials, solar energy materials, and nano-metal materials.
Yangfu New Materials, a subsidiary of DFD Holdings, introduced South Korean electrolyte company Enchem as a strategic investor through capital increase and share expansion. It is understood that Enchem currently has electrolyte production bases in South Korea, Poland, the United States and other places. DFD's net profit increased by 322.2%-387.1% year-on-year.
Total market value: 37.646 billion RMB
Company website: www.dfdchem.com
Zhejiang YONTA Technology as one of top 5 battery electrolyte companies was established in October 1999. It is a fine chemical manufacturer of air tea with complete global product chain and large production capacity. Listed on December 22, 2009. Founded in 2012, the company is a wholly-owned subsidiary of Zhejiang YONTA Technology Co., Ltd. YONTA Technology was established in 1999 and listed on the Shenzhen Stock Exchange in 2009.
The company currently has about 180 employees, mainly engaged in the research and development and production of preparations and APIs. At present, the company has a registered capital of 820 million RMB, total assets of 5.9 billion RMB, and covers an area of more than 700,000 square meters. There are subsidiaries in Zhejiang, Jiangsu, Shandong, Chongqing, Shanghai, Fujian and other places, and research institutes in the United States and Shanghai. The company has more than 2,000 employees. YONTA Technology's net profit increased by 414.2%-477.1% year-on-year
Total market value: 27.787 billion RMB
Founded in 1996, TONZE is a modern enterprise specializing in R&D, production and sales of small household appliances and electronic components (NTC thermistors, temperature sensors). The company in top 5 battery electrolyte companies has passed ISO9001 quality management system certification and ISO14001 environmental management system certification.
Now we have developed and put into production the series of steaming and stewing ceramic products, kettle (bottle) series products, food processing machine series products, thermistor series electronic components, etc. The net profit of TONZE shares increased by 144%-153.8% year-on-year.
Total market value: 10.447 billion RMB
Company website: www.tonze.com
Overall, performance continued to improve, and net profit achieved substantial growth. There are more lithium battery material information top 10 lithium battery ternary material companies can click to view.