On June 16, 2026, EVE Energy released its H1 performance forecast, expecting net profit of 3.13B to 3.37B yuan, up 95% to 110% year-over-year. The new energy battery industry's high prosperity continues to be validated.
Core Forecast Data: Certainty of Doubling Growth
Key metrics from EVE Energy's H1 2026 forecast:
| Metric | Forecast Range | YoY Growth |
|---|---|---|
| Net Profit (Parent) | 3.13-3.37B yuan | 95%-110% |
| Recurring Net Profit | 2.43-2.60B yuan | 110%-125% |
| Prior Year Base | ~1.6B yuan | - |
Recurring net profit growth exceeding total net profit indicates core business profitability improvement is the primary driver, not one-time gains. This strengthens the sustainability assessment.
Growth Logic: Dual Drive of Storage + Power Batteries
EVE Energy's performance growth comes from two major business segments:
- Storage Batteries: Global energy storage installation demand exploding. EVE Energy's share in large-scale and commercial storage continues to rise
- Power Batteries: Supplying mainstream domestic OEMs, shipment volume steadily increasing with NEV sales growth
- Overseas Markets: European and US energy storage demand exceeding expectations. Chinese companies account for 90% of global energy storage battery shipments
According to the China Automotive Power Battery Industry Innovation Alliance, domestic energy storage battery production maintained month-over-month growth from January to May 2026.
Industry Signal: Battery Segment Remains Profit High Ground
The significance of EVE Energy's performance beat:
- Battery Segment Pricing Power: In the vehicle price war, battery companies maintain higher profit levels through technology barriers
- Storage as Second Growth Curve: Storage battery growth exceeding power batteries, becoming new profit engine
- Upstream Material Price Stability: Lithium prices stable after falling from highs, easing cost pressure on battery companies
Impact on Downstream OEMs
Battery companies' high profitability creates a double-edged effect for downstream OEMs:
- Cost Pressure: Batteries account for 30%-40% of vehicle costs, high battery profits mean procurement costs are hard to reduce
- Accelerated Tech Iteration: Strong battery company profitability means more R&D resources, driving faster technology iteration
- Overseas Layout: Leading battery companies accelerating overseas factory construction, providing local supply chain support for OEM exports
For NEV buyers in Central Asia, Russia, and other overseas markets, China's booming battery industry chain means:
- Chinese NEVs sourced through EX1000.COM have more mature and reliable battery supply chains
- Declining energy storage battery prices provide more options for overseas charging infrastructure
- Chinese battery companies' overseas factories will shorten battery supply cycles for foreign markets
Outlook: Full-Year Performance and Industry Trends
Based on H1 performance, EVE Energy's full-year net profit could exceed 6B yuan. From an industry trend perspective:
- Energy storage battery demand will maintain high growth through 2026-2027
- Power battery demand continues to expand as NEV penetration rises
- Solid-state and sodium-ion batteries will enter commercialization in 2027-2028, potentially reshaping industry competition
EVE Energy's performance forecast is a microcosm of the high prosperity of China's entire new energy battery industry chain. For overseas investors and buyers tracking the new energy sector, Chinese battery companies' performance and industry trends serve as important indicators for global market direction.
