PaiNeng Technology experienced a decline of 2.64% on March 13, with a transaction volume of 204 million yuan and a turnover rate of 1.95%, bringing its total market value to 10.391 billion yuan. An analysis using an AI model indicates the stock’s performance outlook. In the short term, there are no significant trends in buying or selling, and the main investors exhibit a slight control over the stock. The mid-term trend shows some accumulation of locked-in shares, although the rate of reduction in shares has slowed down recently. Sentiment analysis from eight institutions predicts an average target price of 50.60 yuan, which is 19.48% higher than the current price. Currently, market sentiment is extremely pessimistic.
Market Activity Analysis
- The concepts of sodium-ion batteries, solid-state batteries, lithium batteries, and energy storage are relevant.
- As of August 26, 2024, the company confirmed that its sodium-ion battery products have achieved mass delivery, primarily demonstrating commercial value in the two-wheeler and three-wheeler markets.
- In its 2024 semi-annual report, the company continued deep research and development in areas such as electrochemical mechanisms, simulation applications, system platform design, new technology processes, and battery application strategies. They developed battery life prediction models, multi-physical field simulation models, and rapid electrochemical evaluation models, mastering key technologies related to solid-state batteries and battery recycling. Ongoing optimization of various existing technologies has established comprehensive design benchmarks for batteries, integrating innovative technologies into mass production and iteration processes, enhancing product lifespan and diversity. The company has also developed long-life cylindrical batteries with industry-leading cycle lives through micro-control of electrodes and optimized winding processes. Additionally, they created low-temperature application lithium iron phosphate energy storage soft-pack batteries and large-capacity, long-life versions. In the field of low-speed, low-power applications, solutions based on lithium iron phosphate and manganese-based systems were introduced, which, combined with soft-pack battery characteristics, offer high safety, cost-effectiveness, and lightweight products.
- The company is a leading provider of energy storage battery systems, focusing on the research, production, and sales of lithium iron phosphate cells, modules, and energy storage battery systems. It is among the few domestic companies capable of independently researching and manufacturing core components of energy storage, including cells, modules, battery management systems, and energy management systems.
- Additionally, the company has the design capability for integrated energy storage system solutions, supporting the creation of one-stop energy storage solutions for various scenarios such as homes, commercial and industrial use, power grids, communication stations, and data centers, optimizing overall system performance.
- Being recognized as a “Little Giant” enterprise signifies a high-level honor for specialized, innovative, and market-leading companies in the national small and medium-sized enterprises evaluation process, playing a significant role in enhancing competitiveness and stability in the supply chain. The company has been included in the Ministry of Industry and Information Technology’s list of specialized and innovative “Little Giant” enterprises.
Disclaimer: The analysis content is sourced from the internet and does not constitute investment advice. Investors should make independent judgments based on different market conditions.
Fund Flow Analysis
Today, the main net inflow was -24.35 million yuan, accounting for 0.12% of the total, with an industry ranking of 85/105. There are currently no significant trends in buying or selling for this stock; the main investment trend remains unclear.
Net Inflows Over Recent Periods
- Today: -24.35 million yuan
- Last 3 days: -12.49 million yuan
- Last 5 days: -45.63 million yuan
- Last 10 days: -106 million yuan
- Last 20 days: -572.55 million yuan
Main Holding Analysis
The main investors have a slight control over the stock, with a relatively dispersed share distribution. The main transaction volume was 93.37 million yuan, accounting for 10.79% of the total transaction volume. The average trading cost of the stock’s shares is 44.29 yuan. Recent share reduction has slowed, and the current stock price is positioned between a resistance level of 44.78 yuan and a support level of 39.80 yuan, suggesting potential for range trading.
Company Overview
Shanghai PaiNeng Energy Technology Co., Ltd. is located at 300 Miao Qiao Road, Kangqiao Town, Pudong New District, Shanghai. Founded on October 28, 2009, and listed on December 30, 2020, the company specializes in the research, production, and sales of lithium iron phosphate materials, cells, and battery systems. The revenue composition is as follows: 98.73% from energy storage battery systems, 0.84% from other sources, and 0.43% from additional sources.
PaiNeng Technology is classified under the Shenwan industry as Power Equipment – Battery – Lithium Battery, and its concept sectors include IDC power supply, MSCI China, lithium batteries, new energy, and lithium iron phosphate.
As of September 30, the number of PaiNeng Technology shareholders stands at 23,200, an increase of 2.43% from the previous period. The average circulating shares per person are 10,558 shares, a decrease of 2.37%. From January to September 2024, PaiNeng Technology reported a revenue of 1.412 billion yuan, a year-on-year decrease of 53.69%, with a net profit attributable to shareholders of 37.37 million yuan, down 94.29% year-on-year.
In terms of dividends, since the A-share listing, PaiNeng Technology has distributed 745 million yuan cumulatively, with a total of 660 million yuan in the past three years.
Regarding institutional holdings, as of September 30, 2024, Hong Kong Central Clearing Limited ranks as the third-largest circulating shareholder with 10.4178 million shares, an increase of 2.686 million shares from the last period. The Huaxia Shanghai Stock Exchange Sci-Tech Innovation Board 50 ETF (588000) ranks as the fifth-largest circulating shareholder with 3.1302 million shares, a decrease of 743.88 thousand shares. The Southern CSI 500 ETF (510500) is the sixth-largest with 2.5793 million shares, an increase of 69.56 thousand shares. The Bosera Shanghai Stock Exchange Sci-Tech Innovation Board 100 ETF Link A (019857) appears as the eighth-largest circulating shareholder with 2.0027 million shares, as a new entrant. The E Fund Shanghai Stock Exchange Sci-Tech Innovation Board 50 ETF (588080) has exited the top ten circulating shareholders.
Risk Warning: The market carries risks, and investment should be approached with caution. This article is generated by an AI model, and any information included (such as stock details, comments, predictions, charts, indicators, theories, or any form of expression) is for reference only and does not constitute personal investment advice.
