璞泰來(603659.SH):負極材料盈利能力正在持續改善,2024年預計會逐季向好
格隆匯2月20日丨璞泰來(603659.SH)在互動平台表示,公司相同品類的負極材料2024年產品價格較2023年末差別不大,由於不同品類負極材料在月度和季度出貨量的變化,價格上的體現也可能會有結構性差異。公司多年來構建了在碳素材料理論知識領域的技術團隊,經過多年高強度的研發投入,主要負極材料產品憑藉高容量、高壓實密度、低膨脹、長循環、快充等特性佔據全球中高端數碼和動力電池領域的領先地位。2023以來,負極材料行業因產能供給充足、下游電池客户進入去庫存階段,供求環境階段性失衡,行業普遍面臨產能消納和價格下行的壓力,公司在2023年前三季度已計提4.8億存貨跌價準備,主要集中在負極材料版塊。公司也預計2023年第四季度仍將有部分負極高價存貨的減值計提,同時考慮到負極材料的行業價格水平也已相對趨於穩定,因此前期高價存貨的減值風險已基本釋放。隨着歷史高成本庫存的消納以及非石化類原料的創新,公司部分具有成本競爭力的產品已逐步導入,負極材料市場價格和供需逐步企穩,公司負極材料盈利能力正在持續改善,2024年預計會逐季向好。
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