000707 Hubei Shuanghuan Science and Technology Stock
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Hubei Shuanghuan Science and Technology Stock News
Shuanghuan Technology (000707.SZ): Net profit of 165 million yuan in the first quarter decreased by 26.50% year-on-year
Gelonghui, April 29丨Shuanghuan Technology (000707.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 832 million yuan, down 26.02% year on year; net profit attributable to shareholders of listed companies was 165 million yuan, down 26.50% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 159 million yuan, down 28.35% year on year; basic earnings per share were 0.3564 yuan.
Shuanghuan Technology (000707.SZ) announced its 2023 annual results, with net profit of 616 million yuan, a year-on-year decrease of 29.41%
According to Zhitong Finance App, Shuanghuan Technology (000707.SZ) released its 2023 annual report. The company's operating income was 3.794 billion yuan, down 13.06% year on year; net profit attributable to shareholders of listed companies was 616 million yuan, down 29.41% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 605 million yuan, down 30.25% year on year; basic earnings per share were 1.3279 yuan/share. It is proposed to distribute a cash dividend of 1.40 yuan (tax included) for every 10 shares to all shareholders.
Shuanghuan Technology (000707.SZ): Signed a trademark license agreement with the controlling shareholder
Gelonghui March 18 | Shuanghuan Technology (000707.SZ) announced that the “Trademark License Agreement” signed by the company and the controlling shareholder Hubei Shuanghuan Chemical Group Co., Ltd. (“Shuanghuan Group”) in 2023 expired on December 31, 2023. In order to ensure the orderly conduct of the company's production and operation activities, the company plans to continue to sign a “Trademark License Agreement” with Shuanghuan Group. The license period is from January 1, 2024 to December 31, 2024. During the license period, Shuanghuan Group agreed to use the “Red Double Circle” and “Kehuan” trademarks it owns free of charge by licensing companies
Shuanghuan Technology (000707.SZ): The company currently does not produce natural alkali
Gelonghui March 11 | Shuanghuan Technology (000707.SZ) said on the investor interactive platform that the company currently does not produce natural alkali.
Shuanghuan Technology (000707.SZ): Currently, soda ash and ammonium chloride are produced at full capacity, and sales are normal
Gelonghui, Feb. 21丨An investor asked Shuanghuan Technology (000707.SZ) on the investor interactive platform, “How is the company's current production and sales situation? Will shareholders pay dividends in 2023?” The company replied that the company currently produces soda ash and ammonium chloride at full capacity, and sales are normal. As of September 30, 2023, the company's undistributed profit has been converted to 66 million yuan. If the company has distributable profits in 2023, it will actively distribute dividends to shareholders.
Shuanghuan Technology (000707.SZ) plans to purchase 68.59% of Hongyi's shares to improve the ammonia synthesis industry
Zhitong Finance App News, Shuanghuan Technology (000707.SZ) announced that on January 8, 2024, the company acquired 68.59% of Hongyi Company with Hubei Changjiang Industrial Modern Chemical Co., Ltd., Hubei New Kinetic Energy Industry Investment Fund Partnership (limited partnership), Hubei Yihua Group Co., Ltd., Hubei Kechuang Hongtai Zero High-end Manufacturing Investment Fund Partnership (limited partnership), Henan Jinshan Holdings Co., Ltd., and Hubei Gaocheng Lufeng Venture Capital Co., Ltd. Equity signing with entry into force conditions
Shuanghuan Technology (000707.SZ): The current soda ash inventory is about the company's normal daily production volume
Gelonghui, January 8 | Shuanghuan Technology (000707.SZ) said on the investor interactive platform that the company's current soda ash inventory is about the company's normal daily production volume.
Shuanghuan Technology (000707.SZ): The sales price of the company's soda ash products follows the market. Currently, the company's soda ash product inventory is low
On December 7, Gelonghui, Shuanghuan Technology (000707.SZ) stated on the investor interactive platform that the sales price of the company's soda ash products will follow the market, and currently the company's inventory of soda ash products is low. In addition, it is necessary to track changes in product prices for roughly one quarter in order to estimate the impact on the company's performance in that quarter.
Shuanghuan Technology (000707.SZ): Construction of an energy-saving technology upgrade project for the 600,000-ton alkali plant has already begun. It is expected to be put into trial operation around April 2025
On December 7, Gelonghui, Shuanghuan Technology (000707.SZ) stated on the investor interactive platform that construction of the energy-saving technology upgrade project for the company's 600,000-ton alkali plant has begun. It is expected that the test run will be commissioned around April 2025.
Haitong International: Soda ash market prices have continued to rise recently, so it is recommended to focus on relevant targets
As demand from the downstream photovoltaic industry grows, new photovoltaic glass projects will continue to be put into operation, thus driving the demand for soda ash to grow.
[BT Financial Report Instantaneous Analysis] Shuanghuan Technology's 2023 Quarterly Report: Stable Asset Structure and Performance Under Challenges
As a member of the basic chemical industry, Hubei Shuanghuan Technology Co., Ltd. (stock code: 000707) occupies a place in the market with its soda ash and ammonium chloride products. Relying on its strengths in resources, brands and markets, the company has built a complete procurement, sales and production model. The performance drivers of Shuanghuan Technology mainly include the safe and stable operation of production facilities, the balance of production and marketing, and price fluctuations of major products. In terms of assets and liabilities, Shuanghuan Technology's 2023 three-quarter report shows that the company's total assets reached 2.91 billion yuan, an increase of 6.52% compared to 2,732 billion yuan at the end of the previous year. negative
Shuanghuan Technology (000707.SZ): Net profit of 157 million yuan for the third quarter decreased by 33.38% year-on-year
On October 30, Gelonghui Technology (000707.SZ) announced its report for the third quarter of 2023. Operating income for the reporting period was 872 million yuan, down 12.52% year on year; net profit attributable to shareholders of listed companies was 157 million yuan, down 33.38% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 152 million yuan, up 32.15% year on year; basic earnings per share of 0.3,390 yuan.
Shuanghuan Technology (000707.SZ): Currently, the company is producing at full capacity and operating conditions are normal
Glonghui, Oct. 24 | Shuanghuan Technology (000707.SZ) said on the investor interactive platform that the company generally implemented a smooth production and smooth sale of soda ash, and the company did not accumulate soda ash in the early stages. Currently, the company is producing at full capacity and operating conditions are normal.
Shuanghuan Technology (000707.SZ): Alashan's natural alkali production capacity is gradually put into operation
Glonghui, Oct. 17 | Shuanghuan Technology (000707.SZ) investor interactive platform said that Alashan's natural soda ash production capacity has been gradually put into operation, increasing the supply of the domestic soda ash industry. Currently, it has added part of its production capacity to account for about 10% of the domestic production capacity. The company continues to pay attention to the subsequent expansion of natural alkali production capacity and has taken comprehensive measures to respond positively.
Shuanghuan Technology (000707.SZ): Soda ash and ammonium chloride account for close to 100% of the company's revenue, of which soda ash accounts for the largest share of sales
Glonghui, October 17: Shuanghuan Technology (000707.SZ) said on the investor interactive platform that the company's leading products are soda ash and ammonium chloride. Soda ash and ammonium chloride account for nearly 100% of the company's revenue, with soda ash and ammonium chloride accounting for nearly 100% of the company's revenue, with soda ash sales accounting for the largest share. Therefore, the company's performance is closely related to the selling price of soda ash. Also, for the futures trading you mentioned, the company is preparing conditions such as systems and personnel, etc., and is taking the opportunity to participate in hedging business for futures such as soda ash.
Shuanghuan Technology (000707.SZ) plans to publicly list and transfer 10% of Yihua Finance Company's shares with a reserve listing price of 119 million yuan
Shuanghuan Technology (000707.SZ) announced that the company owns Hubei Yihua Group Finance Co., Ltd. (abbreviation...
Shuanghuan Science & Technology Ties Up With Guodian Investment Jingchu Energy in Salt Mine Power Station Construction
Hubei Shuanghuan Science & Technology (SHE:000707) will cooperate with Guodian Investment Jingchu Energy in building a 300-megawatt compressed air energy storage power station in the Yunying salt mine
Shuanghuan Technology (000707.SZ) plans to sign a cooperation agreement with China Power Investment Jingchu Energy Co., Ltd.
Shuanghuan Technology (000707.SZ) announced that the company intends to sign a “Cooperation Intent Agreement” with China Power Investment Jingchu Energy Co., Ltd.
Haitong International: Domestic soda ash manufacturers are starting construction to sort out the low level of soda ash supply and the shortage of soda ash supply may continue
Domestic soda ash manufacturers have started to sort out low levels, and the shortage of soda ash supply is likely to continue.
Interpretation of Shuanghuan Technology's 2023 Interim Report: Performance is declining, cash flow is declining, and questions have surfaced
According to data from Shuanghuan Technology's 2023 interim report, the company's revenue was 1,980,331,147.19 yuan, down 13.85% from 2,298,776,177.89 yuan in the same period last year. This downward trend is also reflected in net profit attributable to shareholders of listed companies. Net profit for the reporting period was 298,050,898.49 yuan, down 42.11% from 514,837,750.73 yuan in the same period last year. Similarly, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss also declined. The reporting period was 29
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