In 2016, China's power battery industry market scale exceeded 50 billion. It is expected to exceed 200 billion in 2020. The huge market potential not only prompts the industry giants to increase the number of R&D and expansion, but also attracts a large number of capital outside the industry, from the lithium battery industry. The status quo of investment and financing can also be seen that the industry boom is gradually rising. In 2015, China's new energy vehicle development entered a high-speed growth period, which in turn led to a further increase in demand for power batteries. Since the beginning of 2015, the domestic capital has gradually increased its layout for the lithium battery market. The OFweek Industry Research Center data shows that lithium in the second quarter of 2015 The growth rate of investment and financing in the battery industry exceeded 150%. Under the influence of fraudulent factors, the investment and financing situation was not affected by the end of 2015, but the investment sentiment was further improved after the fourth quarter. Pan Yao, a researcher at OFweek New Energy Industry, said: The fraudulent incident has accelerated the entry of new energy vehicles and power battery industry into chaos. 2017 will be an important turning point. The new order of China's new energy vehicles and power battery industry will be gradually established. Therefore, before 2018, the power battery investment and financing will increase. No reduction. 2015-2017Q1 China's power battery investment and financing growth rate Source: OFweek Industry Research Center From the red trend line in the above picture, it can be seen that the investment and financing trend is upward in 2017. From the perspective of investment and financing types, equity investment accounts for nearly 80%, while only about 2% of the lithium battery industry is removed through the overall transfer. There is a famous saying on Wall Street: capital is profit-seeking. As an important part of new energy vehicles, the cost of power batteries accounts for nearly 40%, which brings great temptation to the market. Investment and financing type ratio Source: OFweek Industry Research Center So how can the capital side be able to press the future in a highly competitive battlefield? The OFweek new energy industry researcher gave his own opinion: the power battery industry is large enough, but the current domestic market product quality is uneven, homogenization is serious, the new capital can focus on high-quality ternary technology and intelligent production. Through intelligent production, on the one hand, it is possible to reduce costs through scale, and on the other hand, it can improve product consistency, which is very important for power batteries. On the technical side, ternary lithium will be the mainstream in the market for the foreseeable five years, and relevant technologies can be laid out in the ternary system. From the perspective of the distribution of investment and financing, from shallow to deep, the investment heat is weak to strong, and the hottest part is the Pearl River Delta region. This zone is also the fastest growing region for new energy vehicles in China. Therefore, we believe that the power battery The investment heat is greatly affected by the local promotion of new energy vehicles. The Yangtze River Delta region is slightly inferior to the Pearl River Delta. However, from the perspective of population base and development potential, the investment potential in the Delta region is huge. From the perspective of distribution, the investment and financing situation in Jiangxi is obviously behind the neighboring provinces. China's power battery investment and financing regional distribution Source: OFweek Industry Research Center From the perspective of the amount of single investment, it basically satisfies the normal distribution, and the proportion of 5 million to 100 million is 63%. Due to the large market size and profit margin, the power battery enterprise is considered to be a high-quality asset, so in the capital market. The valuation is relatively high. Taking the Ningde Era (CATL) as an example, as a domestic top power battery manufacturer, although it has not landed in the capital market, the current market valuation has exceeded 80 billion yuan. Some listed companies have already included high-quality lithium-ion enterprises through mergers and acquisitions or asset injection, and this method continues. Distribution of investment and financing funds in the power battery industry in the past three years (unit: 10,000 yuan) Source: OFweek Industry Research Center Plyo Soft Box,Adjustable Jump Box,Soft Jump Box,Plyometric Jump Box nantong pinli fitness co.,ltd , https://www.ntcnpinlifitness.com
