This morning, CATL opened at the daily limit again, with the daily limit price at 48.18 yuan. Since its listing, it has hit the daily limit for four consecutive trading days. The total market value has reached 104.7 billion yuan, breaking through 100 billion yuan for the first time, and is less than two daily limits away from the market value of Wen's shares. Tianfeng Securities predicts that CATL's power battery shipments will be 20, 32 and 50GWh in 2018-2020, respectively, and the energy storage business and lithium battery material business (recycling) will usher in new growth points for the company as the market scale expands rapidly. The company's net profit attributable to the parent company in 2018-2020 will be 3.05 billion, 4.0 billion and 5.13 billion yuan, respectively, corresponding to EPS of 1.41, 1.84 and 2.36 yuan, respectively. The average PEG value of the lithium battery midstream leader in 2018 was 1.7. CATL is the undisputed leader in the power lithium battery industry, with good growth and huge impact on the power battery industry chain. It should be given a certain valuation premium. Combined with the company's compound growth rate of performance in the next three years, it is given a PEG of 1.7, corresponding to 49.5 times PE in 2018, with a target price of 69.80 yuan, and a "buy" rating for the first coverage. As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity. |
<<: Hisense Launches Global Brilliance Plan and Releases New Overseas ULED TVs
>>: Gree Group's acquisition of Changyuan failed, Changyuan fell to the limit in advance
[[415572]] This article is reprinted from the WeC...
Having a growing pool of active users is the ulti...
When we explore the unknown world, we sometimes e...
Spring is here again. Although the flowers are th...
There is often such a question on the Internet, w...
Recently, a piece of news is very shocking: A man...
In the 1990s, Japan was the leader in the global ...
Put rubber bands on the watermelon one by one unt...
A cup of coffee a day seems to be the standard fo...
When operating a community , you will inevitably ...
1. Change the Douyin account (add WeChat: 1867393...
[[156060]] When a product is created from scratch...
What is Baidu search promotion Baidu search promo...
In the previously announced 5G development timeta...
Information flow advertising is favored by advert...