Gasgoo Munich- Tinci Materials (002709.SZ) released its 2026 interim earnings forecast late on July 9. The company projects net profit attributable to shareholders to hit between 2.7 billion yuan and 3 billion yuan in the first half — a massive jump of 907.84% to 1,019.82% from a year earlier.
Source: Company filing screenshot
Tinci Materials attributed the explosive growth to a dual boost from its lithium-ion battery materials business. Demand for electrolytes and lithium hexafluorophosphate (LiPF6) remains robust, with electrolyte shipments jumping more than 40% year-on-year in the first half and driving overall sales higher. At the same time, the industry's supply-demand balance is improving. Prices are climbing, and capacity utilization is sitting at high levels — factors that together pushed gross margins significantly higher.
As of the end of June, Tinci Materials' electrolyte and LiPF6 lines were running near full capacity, with utilization rates at peak levels. Looking ahead to the third quarter, customer production schedules suggest the heat isn't letting up. Tinci plans to ramp up electrolyte output further from the second quarter, while orders from the new energy vehicle and energy storage sectors remain strong.
To navigate the tight supply landscape and secure long-term delivery stability, Tinci is expanding its major electrolyte bases in Jiujiang and Fuding. These upgrades are designed to bolster capacity reserves and support steady business expansion over the medium to long term.
Market analysts believe that as capacity gradually comes online, Tinci Materials is poised to further expand its market share amid the ongoing optimization of the electrolyte sector.
