CIS
what do you say
The business area of CS is
In general, it is now a company that manufactures batteries related to batteries, secondary batteries, solar power, and EV batteries.
Concentrating on electricity, it is receiving positive reviews as it is tied to eco-friendly and ESG.
It is the percentage of sales of the main business.
start date
brand
(ratio)
Laminator
(0.62%)
- Laminating treatment at the end of the electrode plate to improve the safety of the battery
(2) Features and functions
- Lamination of an inert tape on the discontinuous part of the pattern-coated electrode plate to remove the activity
(3) competitive situation
- Competing with a small number of companies such as OCI in Japan and PNT in Korea
(Roll Press)
(68.58%)
- Densification of the electrode plate by applying pressure
(2) Features and functions
- Densify coated positive and negative electrode plates by applying constant temperature and pressure
Improving the energy density of the final battery using a densified high-density electrode plate
(3) competitive situation
- Competing with Japan's ONO and Hitachi, but strong in price and quality competitiveness
4,802,603
(8.57%)
- Cut the produced plate fabric with reel of desired width
(2) Features and functions
- Requires precise width management and constant management of cut quality
- High-speed operation capability is required for high-speed production
(3) competitive situation
- There are few competitors such as Nishimura in Japan, Master in Korea, and PNT.
- Our company secures cost competitiveness with localized short-term knife parts
6,845,536
(12.21%)
- Apply and dry mixed slurry of active material, binder, conductive material, etc. to a certain thickness
(2) Features and functions
- Uniform production without variation in thickness is the most important
- Automatic adjustment of the flow rate of slot die by compensating for thickness deviation after drying
(3) competitive situation
- Competing with domestic Apro and Japanese Hirano and Toray Engineering
5,622,396
(10.02%)
It seems that about 70% of sales are produced by roll presses.
This is the electrode plate process for secondary batteries. with double plate/polar plate
Cathode material: aluminum foil
Anode material: copper foil
You just need to know this
As one of the secondary cell processes, the positive and negative electrodes of the battery are made in this way.
In the end, CIS can be seen as a no-brainer for this process.
It is ranked in the top 5 globally.
Not a bad location, only China on top.
China.
Electric vehicles and electric vehicles are trembling tremendously due to the recent US inflation-reduction law.
This inflation-reduction law means that all electric vehicles except American cars are no longer eligible for subsidies in the United States.
Eventually, only American cars will become incredibly cheap, so everyone will only buy American cars.
This law is to check the electric vehicle side, which is developing terribly in China.
They are preparing to hit the supply at a low price, so they blocked it in advance.
Even Korean companies have been hit by this.
But if you look inside
Only countries that have FTAs with the US for battery minerals or battery components are recognized.
Korea is included, and CIS does not manufacture the entire battery, but only the electrode plate process.
If you do that and export it abroad, you will benefit.
We view this as a long-term positive in this regard.
Of course, I don't know how the law will change.
Financially positive and negative
Sales are steadily rising -> Positive
Operating profit is also rising -> Positive
Net profit shattered -> negative
However, it is understood that net income is now being spent heavily on non-operating expenses.
Eventually, if the operating profit rises steadily, it will eventually be recorded and evolve into a very positive financial position.
We believe the three-year cash flow is very clean.
The small increase in operating profit is disappointing.
Now let's look at the chart.
It's a daily candle, but the current atmosphere doesn't look that good.
In July, the downtrend gradually increased, but once again, it is being corrected.
If this trend continues, there is a high possibility of a downtrend in the short term.
If you close the beekeeping tomorrow, the trend will still be maintained
In the short term, it seems to be open up to 13,000 won.
If you look at the monthly candle, the trading volume has been continuously coming out, and it is holding up moderately now.
If the end of this month comes out like that, you can buy it slowly and wait.
If you draw it with a cross stick, it is worth boarding right away.
The worst news and the best news is the sale issue.
Because various venture investors and private equity funds have invested in CIS
There are a lot of people who really want to sell right now.
These kids will try to keep the price as high as possible and sell it at a high price -> Good news
However, it is highly likely that it will be destroyed just before or immediately before and after selling. -> bad news
So I think you should watch it carefully.
summary
Corporate Prospect -> Good financial condition, good condition.
Market Outlook -> Good news if the US inflation law continues as it is now.
Stock outlook -> There will be huge fluctuations before and after the sale issue. It is better to be careful and sell quickly once at the high point.
