Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SHANDONG SHIDA SHENGHUA CHEMICAL GROUP COMPANY LIMITED

(603026)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Mitsubishi Chemical:Has developed new electrolyte for Tesla. The solvents and solute are supplied from Shida Shenghua

09/20/2020 | 06:22am GMT

HONG KONG, Sept 20, 2020 - (ACN Newswire) - - A Mitsubishi Chemical (MTLHY) technical expert revealed that the important innovations of Tesla's new battery are the positive and negative electrodes and the new electrolyte. Mitsubishi Chemical has perfectly matched the electrolyte technology for the new battery. This electrolyte mainly uses new solutes and functional additives, which can greatly improve battery performance. The technical expert said that the solvent in the new electrolyte is still supplied by the Chinese company Shida Shenghua, and the amount of DMC in the solvent will be greatly increased. Beginning in 2017, Mitsubishi and Shida Shenghua have jointly developed a new type of solute. This product will soon be mass-produced, which can effectively increase battery cycle times and energy density.

Copyright 2020 ACN Newswire . All rights reserved.

© Japan Corporate News, source JCN Press Releases

All news about SHANDONG SHIDA SHENGHUA CHEMICAL GROUP COMPANY LIMITED
10/27Shandong Shida Shenghua Chemical Group Company Limited Reports Earnings Results for the..
CI
08/19Shandong Shida Shenghua Chemical Group Company Limited Reports Earnings Results for the..
CI
04/28Shandong Shida Shenghua Chemical Group Company Limited Reports Earnings Results for the..
CI
03/29Shandong Shida Shenghua Chemical Group Company Limited Reports Earnings Results for the..
CI
2020Beijing Shenghua Chuangshi Technology Co., Ltd. announced that it expects to receive CN..
CI
2020Shandong Shida Shenghua Chemical Group Company Limited Provides Earnings Guidance for t..
CI
2020China shares fall as key lending rate left unchanged
RE
2020MITSUBISHI CHEMICAL : Has developed new electrolyte for Tesla. The solvents and solute are..
AQ
2020SHANDONG SHIDA SHENGHUA CHEMICAL : The sole supplier of solvents and additives in Tesla's ..
AQ
2020Shandong Shida Shenghua Chemical Group Company Limited Reports Earnings Results for the..
CI
More news
Financials
Sales 2021 6 037 M 947 M 714 M
Net income 2021 985 M 154 M 117 M
Net Debt 2021 - - -
P/E ratio 2021 41,9x
Yield 2021 1,13%
Capitalization 41 320 M 6 480 M 4 888 M
Capi. / Sales 2021 6,85x
Capi. / Sales 2022 6,05x
Nbr of Employees 1 566
Free-Float 61,5%
Chart SHANDONG SHIDA SHENGHUA CHEMICAL GROUP COMPANY LIMITED
Duration : Period :
Shandong Shida Shenghua Chemical Group Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SHANDONG SHIDA SHENGHUA CHEMICAL GROUP COMPANY LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 203,87 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Hai Ming Yu General Manager & Director
Hui Bao Song Chief Financial & Accounting Officer
Tian Ming Guo Chairman
Jian Hong Gao Chairman-Supervisory Board
Zheng Chang Peng Independent Director