November 24th, 2025 | 06:00 CET
Nel facing a shutdown? JinkoSolar weak! NEO Battery Materials' Next Big Moves!
Will the lights soon go out at Nel? After weak figures, the share price briefly rebounded. However, that rally has already faded, with the all-time low back in focus. Orders are seemingly being ignored by investors. The shares of NEO Battery Materials appear interesting for investors with a bit of patience. It is likely only a matter of time before battery stocks are rediscovered by the market. After all, they are essential for megatrends such as robotics, drones, and electromobility. NEO Battery has not only developed a new generation of high-performance batteries, but has also already secured orders and is scaling up production. And what about JinkoSolar? Will the quarterly figures provide a tailwind, or will the stock continue to underperform?
time to read: 3 minutes
|
Author:
Fabian Lorenz
ISIN:
NEL ASA NK-_20 | NO0010081235 , JINKOSOLAR ADR/4 DL-00002 | US47759T1007 , NEO BATTERY MATERIALS LTD | CA62908A1003
Table of contents:
"[...] The collaboration with CVMR offers two primary advantages for Power Nickel: We can cover a larger portion of the value chain in the future, and despite the extensive cooperation with all its positive outcomes, we have remained significantly independent. [...]" Terry Lynch, CEO, Power Nickel
Author
Fabian Lorenz
For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.
Tag cloud
Shares cloud
NEO Battery Materials: When will the stock take off?
An opportunity for investors with a bit of patience is emerging at NEO Battery Materials. While the battery sector may not be in the spotlight right now, demand for batteries - especially for robotics, drones, and electromobility - is likely to surge, and NEO is well positioned. At the same time, there is a lot going on technologically in the industry right now. And this is where NEO Battery comes in. The Company has developed a next-generation silicon-enhanced battery technology that is more cost-efficient, stores more energy, and charges faster.
The Company is currently scaling up production in South Korea. Since the battery technology is market-ready and several orders have already been secured, NEO is finalizing its lease on an existing, fully operational battery manufacturing facility. This approach saves time and costs and allows the Company to generate revenue in the short term. Customized high-performance batteries for drones, robotics, AI electronics, energy storage, and e-mobility are planned to be produced on this line.
The orders and partnerships announced in recent months highlight NEO Battery's target markets: a multi-million-dollar order from an Asian drone manufacturer has already been received, with the customer planning to use NEO batteries for its cargo drones. NEO Battery has also entered a development agreement with a South Korean industrial robotics company, which provides robotics solutions for logistics warehouses, production facilities, and other applications, including humanoid robots.
NEO Battery is set to supply its proprietary lithium-silicon battery cells and packs from its planned South Korean manufacturing facility. NEO Battery further aims to initially supply existing global automotive manufacturers and downstream battery cell manufacturing clients.
JinkoSolar: Slips into the red
While NEO Battery Materials is working to reduce the West's dependence on Chinese manufacturers such as JinkoSolar in the field of energy storage, the Chinese company recently presented mixed quarterly figures. Jinko's core business is solar energy. The world's largest module manufacturer sold a total of 21.57 GW in the quarter, of which a good 20 GW were modules and the rest were cells and wafers. More than 65% went to foreign markets. Revenue fell by 34.1% to RMB 16.16 billion. The main reason for this is the significantly lower average selling price for modules. At the same time, management is reporting important technological milestones. A total of 370 GW of modules have now been delivered, with the Tiger Neo series alone accounting for over 200 GW. In mass production, TOPCon cells achieve efficiencies of 27.2% to 27.4%.
However, the group is in the red. The operating loss amounted to RMB 1.40 billion, corresponding to a negative operating margin of 8.7%. The bottom line was a net loss of RMB 749.8 million, following a slight profit in the previous year.
Strategically, JinkoSolar is looking beyond the module business. The energy storage division is gaining in importance: in the first nine months, deliveries totaled more than 3.3 GWh. For the full year 2025, the Company is forecasting deliveries of around 6 GWh. From 2026, the storage business is set to become the second pillar of earnings.
The share price has been on a rollercoaster ride this year. From EUR 25, it fell to below EUR 13 by April. Then a strong recovery set in. The share price is now back above EUR 25. Compared to global indices, Jinko shares have thus underperformed.
Nel: Soon to hit a new all-time low?
The rebound in Nel shares has come to an end following weak quarterly figures. At EUR 0.20, the share price of the former hydrogen high-flyer is once again close to its all-time low. The Company had recently reported two orders.
Nel is to become a technology partner of GreenH AS. GreenH develops, builds, and operates hydrogen production plants based on renewable energy. The Company aims to establish a network of decentralized hydrogen production facilities in Norway. Locations in Kristiansund and Slagentangen are currently being planned. Nel will supply electrolysis equipment and provide technical support for these locations. The scope has not yet been determined, but at least 10 MW is to be installed at each location.
"We have been working with Nel for a long time to find the right electrolyser concept for Kristiansund and Slagentangen. We are very pleased to have signed this agreement and to welcome Nel as a partner in these two projects, which are very important for GreenH," said Morten Solberg Watle, CEO of GreenH AS.
Nel ASA is not expected to go out of business. However, like the entire hydrogen industry, the Norwegian company is struggling to establish a profitable business model. At the moment, buying the stock does not seem compelling. The same applies to JinkoSolar, as demand and price developments for solar modules appear to be too volatile. In contrast, it is likely only a matter of time before NEO Battery realizes positive developments through production ramp-up and order fulfillment with its partners.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
In this respect, there is a concrete conflict of interest in the reporting on the companies.
In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
For this reason, there is also a concrete conflict of interest.
The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.
Risk notice
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.
The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.
