Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-16.com/label.php on line 82
野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!
随机图片

野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!

更新时间: 浏览次数: 851

 
野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!123456已更新(123456已更新)



Random Image



野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!售后电话24小时人工服务电话-400全国客服电话维修24小时服务:(1)123456(点击咨询)(2)123456(点击咨询)









野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!售后电话24小时人工服务电话-400全国客服电话维修24小时服务(1)123456(点击咨询)(2)123456(点击咨询)





野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!售后电话24小时人工服务电话-400全国客服电话维修24小时服务

野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!售后电话24小时人工服务电话-400全国客服电话维修24小时服务









7天24小时人工电话为您、野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明




野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!售后电话24小时人工服务电话-400全国客服电话维修24小时服务









野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!售后电话24小时人工服务电话-400全国客服电话维修24小时服务:

 广西壮族自治区





安庆市(岳西县、大观区、迎江区、宿松县、桐城市、宜秀区、望江县、太湖县、潜山市、怀宁县)









呼和浩特市(玉泉区、托克托县、赛罕区、回民区、武川县、和林格尔县、清水河县、新城区、土默特左旗)









庆阳市(镇原县、华池县、合水县、庆城县、正宁县、西峰区、环县、宁县)  阜新市(海州区、细河区、彰武县、清河门区、阜新蒙古族自治县、太平区、新邱区)









大庆市(杜尔伯特蒙古族自治县、让胡路区、萨尔图区、肇州县、红岗区、林甸县、肇源县、龙凤区、大同区)









泸州市(龙马潭区、叙永县、江阳区、泸县、纳溪区、古蔺县、合江县)









信阳市(商城县、光山县、罗山县、淮滨县、平桥区、息县、潢川县、固始县、新县、浉河区)咸阳市(三原县、淳化县、秦都区、武功县、杨陵区、彬州市、渭城区、长武县、旬邑县、泾阳县、兴平市、永寿县、乾县、礼泉县)









阿勒泰地区(吉木乃县、哈巴河县、布尔津县、福海县、富蕴县、青河县、阿勒泰市)  铜仁市(碧江区、万山区、德江县、江口县、思南县、松桃苗族自治县、玉屏侗族自治县、沿河土家族自治县、石阡县、印江土家族苗族自治县)









安康市(白河县、紫阳县、旬阳市、汉阴县、镇坪县、宁陕县、平利县、岚皋县、汉滨区、石泉县)









盘锦市(大洼区、盘山县、双台子区、兴隆台区)









楚雄彝族自治州(双柏县、武定县、永仁县、禄丰市、楚雄市、牟定县、姚安县、元谋县、南华县、大姚县)张家界市(慈利县、桑植县、永定区、武陵源区)









南宁市(武鸣区、兴宁区、良庆区、西乡塘区、横州市、江南区、上林县、邕宁区、隆安县、宾阳县、马山县、青秀区)









荆门市(掇刀区、京山市、钟祥市、沙洋县、东宝区)









平凉市(静宁县、华亭市、崇信县、庄浪县、灵台县、泾川县、崆峒区)









佳木斯市(富锦市、抚远市、汤原县、桦川县、郊区、同江市、桦南县、前进区、向阳区、东风区)









临沧市(凤庆县、耿马傣族佤族自治县、镇康县、沧源佤族自治县、临翔区、永德县、云县、双江拉祜族佤族布朗族傣族自治县)









随州市(曾都区、随县、广水市)

专题:新浪财经上市公司研究院

热点栏目自选股数据中心行情中心资金流向模拟交易客户端

  出品:新浪财经上市公司研究院

  作者:昊

  日前,芳源股份发布公告称,公司决定终止投资不超过30亿元的“电池级碳酸锂生产及废旧磷酸铁锂电池综合利用项目”。

  2023年2月,公司宣布投资不超过20亿元,建设年报废30万吨磷酸铁锂电池回收、年产8万吨磷酸铁锂正极材料项目,同年6月变更为上述项目,两年后又被彻底终止。

  对于项目终止的原因,公司表示是“市场环境和公司经营发展战略均发生了显著变化”。而事实上,芳源股份毛利率长期偏低,2023年后出现断崖式下滑,大幅落后于可比公司,2024年甚至跌入负值,净利润连续两年巨亏,产品缺乏竞争力或是更深层次的原因。

  2021年,芳源股份在科创板上市,IPO预计募资11亿,实际只融到3亿;2022年发行可转债又融资6.4亿;2023年筹划定增,拟再募资19亿,不过未获成功。近几年,芳源股份现金不断减少的同时,有息负债持续增加,2024年末负债率已超过80%并创下新高,公司资金压力与日俱增。

  更令人担忧的是,由于三元材料市场份额被磷酸铁锂持续挤压,而来自该业务的收入占比超过6成,芳源股份未来经营和业绩或将进一步承压。

  因“市场变化”项目投建2年后终止业绩连亏2年毛利率跌入负值

  芳源股份公告,终止投资不超过30亿元的“电池级碳酸锂生产及废旧磷酸铁锂电池综合利用项目”。

  公司表示,上述“废旧磷酸铁锂电池综合利用项目”原计划布局磷酸锂铁领域,但受近期市场竞争激烈等影响,决定终止相关项目建设。

  2023年2月,芳源股份公告称,计划投资不超过20亿元,分两期建设年报废30万吨磷酸铁锂电池回收、年产8万吨磷酸铁锂正极材料项目。

  同年6月,芳源股份发布《关于变更投资项目的公告》,将前述投资项目变更为“电池级碳酸锂生产及废旧磷酸铁锂电池综合利用项目”,总投资金额不超过30亿元。

  直到2年后的现在,上述变更后的项目最终无疾而终。

  对于项目终止的原因,公司表示是“市场环境和公司经营发展战略均发生了显著变化”。然而,事实并非完全如此。

  统计显示,近几年来,芳源股份毛利率长期偏低,2023年后出现断崖式下滑,大幅落后于当升科技、容百科技等可比公司。2024年,芳源股份毛利率甚至跌至-5%,相比同行,差距被进一步拉大。

  盈利能力每况愈下,导致业绩持续疲弱。

  2024年,芳源股份实现营业总收入21.61亿元,同比增长2.81%,归母净利润-4.27亿元,扣非净利润-4.43亿元,归母净利润和扣非净利润均为连续第二年亏损。

  公司三元前驱体等产品缺乏竞争力,或许才是芳源股份业绩持续亏损、项目2年后被无奈终止的更深层次原因。

  定增失败负债率升破80%三元市场份额被持续挤压

  芳源股份是锂电池NCA正极材料前驱体生产商,以有色金属资源综合利用为基础,生产NCA/NCM前驱体和镍电池正极材料球形氢氧化镍,主要产品为电动汽车用NCA三元正极材料前驱体。

  2021年8月,芳源股份在科创板上市,投向年产5万吨高端三元锂电前驱体(NCA,NCM)和1万吨电池氢氧化锂项目。

  值得注意的是,IPO前,公司预计募资11.15亿,然而实际募资仅3.66亿,扣除发行费用后为3.01亿,远低于预期募资额。

  上市仅一年,2022年7月,芳源股份又通过发行可转债融资6.4亿,继续投向上述“年产5万吨高端三元锂电前驱体(NCA,NCM)和1万吨电池氢氧化锂项目”。

  可转债落地不到一年,2023年6月,芳源股份再次宣布,拟筹划定增募资18.86亿,投向电池级碳酸锂生产及废旧磷酸铁锂电池综合利用项目(一期),并补充流动资金。

  不过,2024年4月,芳源股份以“现综合考虑外部市场环境变化、募投项目规划以及公司自身实际情况等因素”为由,撤回了定增申请,未能再次如愿融资。

  2020年以来,芳源股份现金不断减少的同时,有息负债持续增加,2024年末负债率达81.66%并创下新高,公司资金压力与日俱增。

  更令人担忧的是,受磷酸铁锂能量密度不断上升和降本的替代影响,国内三元正极材料的市场份额逐年下降,从2020年的60%以上大幅下降至2024年的25%左右。 

  三元市场不断萎缩的大背景下,芳源股份无疑也承受着巨大压力。

  数据显示,2024年,芳源股份来自三元材料前驱体和硫酸镍等三元业务的收入合计约13.14亿,占同期21.61亿营收达60.81%,是公司最主要的收入来源。由于三元材料市场份额被磷酸铁锂持续挤压,芳源股份未来经营和业绩大概率还将进一步承压。

  瑞典电信设备制造商爱立信周二表示,该公司正计划在印度这个南亚国家生产面向印度市场的所有电信天线。

  2023年,印度电信公司的需求激增,因为巴蒂电信(BhartiAirtel)和信实工业(RelianceIndustries)旗下的电信部门——Jio开始大规模推广5G服务,这缓冲了爱立信最大市场美国订单减少带来的影响。

  爱立信在一份声明中称,该公司于1994年开始在印度开展生产活动,到6月将实现面向印度市场的所有无源天线生产本地化。爱立信在墨西哥、罗马尼亚也设有生产设施。

  该公司表示,在满足国内需求后,预计将把在印度生产的相当一部分天线用于出口。

  一位发言人说,天线制造将在古尔冈与爱立信的当地合作伙伴VVDN科技公司共同进行。

  他还补充道,与此同时,爱立信位于浦那的物流中心将为该地区的配送和供应链运营提供支持。

新闻结尾 野外被三个男人躁一夜小说:体验前所未有的在线娱乐,开启你的精彩之旅!的相关文章
【STN快报第八季09】大佐的反击,任天堂向欧美加征35%关税
农村大集上买点小动物!
越南是唯一一个庆祝猫年的国家
多家银行宣布下调存款利率
BoA直播争议后再发文
券商年内发债规模已超3000亿元
  • 友情链接:
  • 玉渊谭天丨中方正在和更多国家共同应对美滥施关税 赵勇出任中国女排主教练 不是哥们,18元一支?!“网红雪糕”大祛魅! 特朗普政府大规模撤销学签,律师披露:四名中国留学生已在美提起诉讼 韩国“世越”号沉船原因终被认定:船体内部原因