000825 Shanxi Taigang Stainless Steel
- 3.57
- -0.07-1.92%
Shanxi Taigang Stainless Steel News
TISCO Stainless Steel (000825.SZ): Net profit of 3.35199 million yuan for the first quarter reversed year-on-year losses
On April 26, Ge Longhui (000825.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 24.463 billion yuan, down 5.57% year on year; net profit attributable to shareholders of listed companies was 3.35199 million yuan, which turned a year-on-year loss into a profit; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 445.783 million yuan; basic earnings per share.
Express News | TISCO Stainless: Selected as a partner of the International Thermonuclear Fusion Experimental Reactor (ITER) Program
TISCO Stainless Steel (000825.SZ): Some fixed assets to be scrapped
Gelonghui March 13 | Taigang Stainless Steel (000825.SZ) announced that the company held the 19th meeting of the 9th board of directors on March 13, 2024 to review and pass the “Proposal on Disposal of Certain Fixed Assets by Waste”. According to relevant regulations, there is no need to submit some fixed asset scrapping matters to the company's shareholders' meeting for consideration. In order to further improve the efficiency of asset operation, according to the requirements of the technological upgrading project, the company plans to dismantle some of the scrapped structures; in order to improve the overall quality level of the assets, the company plans to dispose of some equipment with an old structure and no repair and utilization value. As of the end of February 2024, to be
TISCO Stainless (000825.SZ): Pre-loss of 900 million yuan to 1.25 billion yuan in 2023
Gelonghui, January 30 | Taigang Stainless (000825.SZ) announced its 2023 annual results forecast. Net profit loss attributable to shareholders of listed companies during the reporting period was 90 million yuan - 125 million yuan, profit of 153.55 million yuan for the same period last year; net profit loss after deducting non-recurring profit and loss of 1527.71 million yuan - 187.71 million yuan, profit of 87.3 million yuan for the same period last year; basic earnings loss per share 0.158 yuan/share - 0.219 yuan/share. In 2023, due to the squeeze on both sides of steel supply and demand, the decline in product prices was greater than the drop in raw material prices, and the price of some stainless steel raw materials
TISCO Stainless (000825.SZ): The controlling shareholder TISCO Group has an annual production capacity of 13 million tons of iron concentrate powder
Gelonghui December 28 | TISCO Stainless (000825.SZ) said on the investor interactive platform that TISCO Group, the controlling shareholder of the company, has an annual production capacity of 13 million tons of iron concentrate powder.
TISCO Stainless Steel (000825.SZ): The company reduces raw material procurement costs through structural optimization, channel optimization, and new channel development
Gelonghui, December 27丨TISCO Stainless Steel (000825.SZ) said on the investor interactive platform that the current price of bulk raw materials fluctuates greatly, and the company has reduced raw material procurement costs through structural optimization, channel optimization, and new channel development measures.
[BT Financial Report Instantaneous Analysis] A Perspective on Taigang Stainless's 2023 Quarterly Report: Steady progress in the midst of challenges, financial data reveals current business conditions
As a leading enterprise in the global stainless steel industry, Taigang Stainless Steel (stock code: 000825) has a complete steel production process and related supporting facilities. The company's main business includes the production and sale of stainless steel and other steel materials, and operates in various fields such as steel billets, steel ingots, ferrous metals, ferroalloys, and metal products. The products are widely used in various key fields such as petroleum, chemicals, shipbuilding, etc., as well as major national projects such as the “Shenzhou” series of spacecraft. In the third quarter of 2023, TISCO will face the double challenge of slowing global economic growth and domestic economic recovery falling short of expectations. Despite this,
TISCO Stainless Steel (000825.SZ): It is proposed to establish a subsidiary of Taigang Stainless Steel in Linfen
Glonghui, Oct. 13, 丨 Taigang Stainless Steel (000825.SZ) announced that in order to expand and strengthen the company's medium and heavy plate production line products and fully expand the company's development space in Linfen, the company exclusively invested in establishing a subsidiary, Shanxi Taigang Linfen Medium and Heavy Plate Co., Ltd., on the basis of the Linfen branch of the former Shanxi Taigang Stainless Steel Co., Ltd., with a registered capital of 70 million yuan, and the cancellation of Shanxi Taigang Stainless Steel Co., Ltd. Linfen Branch.
TISCO Stainless Steel (000825.SZ): There are currently no plans to repurchase shares
GLONGHUI September 5 | Taigang Stainless Steel (000825.SZ) held a performance briefing on September 5, 2023. “The current stock price is so low, does the company have any plans to buy back the company's shares?” The company replied that it currently has no plans to repurchase shares. Facing the current situation, the company will do a good job of managing itself, focusing on reducing costs, increasing efficiency and change, and striving for the best performance; at the same time, it will continue to actively carry out market value management work, take into account the different demands and interests of various investors, take into account the different demands and interests of various investors, and scientifically select methods such as cash dividends to give back to shareholders in line with the company's operating needs and stock valuations.
TISCO stainless steel (000825.SZ): Steel production increased by 305,200 tons year-on-year in the first half of the year
Glonghui September 5 | Taigang Stainless Steel (000825.SZ) held a performance briefing on September 5, 2023, regarding “How is the company's production line running?” The company replied that in 2023, the company vigorously increased production and cost reduction, continued to tap production line potential, and continued to improve production line utilization efficiency. In the first half of 2023, steel production increased by 305,200 tons over the same period last year.
Taigang Stainless (000825) semi-annual report performance review: Business performance rebounded quarter by quarter from loss to profit in the second quarter
Guide to this report: The company's 2023H1 performance fell slightly short of expectations. We expect downstream demand to gradually pick up, the company's cost pressure is expected to continue to ease, and the company's business performance is expected to gradually pick up. Key points of investment: Maintain an “increase in holdings” rating.
TISCO Stainless Steel (000825): Business performance rebounded quarter by quarter from loss to profit in the second quarter
Guide to this report: The company's 2023H1 performance fell slightly short of expectations. We expect downstream demand to gradually pick up, the company's cost pressure is expected to continue to ease, and the company's business performance is expected to gradually pick up. Key points of investment: Maintain an “increase in holdings” rating.
Interpretation of TISCO Stainless Steel's 2023 Interim Report: Revenue Growth, Net Profit Loss, Net Cash Flow Decline
According to TISCO Stainless's 2023 interim report, revenue for the reporting period was 53,660,612,954.30 yuan, an increase of 6.57% compared to 50,351,470,458.39 yuan in the same period last year. This indicates that the company has achieved some growth in terms of operations, but whether it can be converted into profit still needs to be further observed. However, net profit attributable to shareholders of listed companies during the reporting period was -495,490,567.62 yuan, down 124.63% from 2,012,021,049.58 yuan in the same period last year. This indicates that the company is in the current period
TISCO Finance, a shareholding company of TISCO Stainless (000825.SZ), plans to implement absorption and merger with Baowu Finance
According to the Zhitong Finance App, TISCO Finance (000825.SZ) announced that TISCO Finance, the company's shareholding company, plans to sign an “Absorption and Merger Agreement” with Baowu Finance. Baowu Finance and TISCO Finance will absorb and merge. After the merger is completed, Baowu Finance will continue, and TISCO Finance will be cancelled. Baowu Finance will pay consideration for this absorption and merger by using targeted capital increases to absorb TISCO Group and TISCO Stainless as new shareholders of Baowu Finance. After the merger and absorption is completed, Baowu Finance will increase the registered capital by 2 billion yuan, and the registered capital after the increase will be 6.840 billion yuan. The company became a shareholder of Baowu Finance, with a shareholding ratio of 12.08%.
TISCO Stainless (000825.SZ) made a loss forecast. It is estimated that the net loss for the first half of the year will be 470 million yuan to 570 million yuan, changing from profit to loss
According to the Zhitong Finance App, TISCO Stainless (000825.SZ) revealed its 2023 semi-annual results forecast. The company expects net loss of 470 million yuan to 570 million yuan attributable to shareholders of listed companies in the first half of the year, from profit to loss; net loss of 645 million yuan to 745 million yuan after deducting non-recurring profit and loss; the basic loss per share is 0.083 yuan/share to 0.100 yuan/share. Affected by strong supply and weak demand, the price drop of steel products was greater than the drop in raw material prices. Prices of some stainless steel raw materials rose, the price gap between purchase and sale narrowed sharply, and the profit level of extruded steel fell sharply, leading to the company's profit level in the first half of 2023
TISCO STAINLESS (000825.SZ) plans to distribute 0.25 yuan for every 10 shares in 2022, excluding interest on June 1
According to the Zhitong Finance App, TISCO Stainless (000825.SZ) announced that the company's 2022 equity distribution plan is to distribute 0.25 yuan in cash (tax included) to all shareholders for every 10 shares based on the company's current total share capital. The equity registration date for this equity distribution: May 31, 2023, the date of deduction of dividends: June 1, 2023.
TISCO Stainless Steel (000825.SZ): It is proposed to transfer assets related to the solid waste resource treatment business for 374 million yuan
Gelonhui May 19 丨 TISCO Stainless Steel (000825.SZ) announced that it intends to transfer assets related to the solid waste resource treatment business to Baowu Huanke Shanxi Resources Recycling Co., Ltd. (“Huanke Shanxi” for short), mainly including structures related to the ultrafine powder processing line of processing plants, equipment assets, and structures and equipment assets for comprehensive use of steel slag treatment and tailings. According to estimates, the transfer price is 374 million yuan.
TISCO Stainless Steel (000825): The competitiveness of stainless steel is steadily improving under the pressure of short-term performance
Introduction to this report: The company's 2022 and 2023 Q1 results were slightly lower than expected. Considering the continuous reduction in the company's costs and the continuous expansion of high-end stainless steel production capacity, the company's performance is expected to pick up again as demand gradually recovers. Key points of investment: Maintain an “increase in holdings” rating. The company's revenue in '22 was 97.654 billion yuan, down 3.73% year on year; Guimu's net profit was 154 million yuan, down 97.6% year on year; Q1 revenue in '23 was 25.906 billion yuan, up 11.64% year on year; Guimu's net profit was 592 million yuan, down 146.53% year on year. Performance was slightly lower than expected.
TISCO Stainless Steel (000825.SZ) issued its 2022 annual results, with net profit of 154 million yuan, a decrease of 97.57% over the previous year, and 0.25 yuan per 10 shares
According to the Zhitong Finance App, TISCO Stainless (000825.SZ) released its 2022 annual report. The company's revenue during the reporting period was 97.654 billion yuan, a decrease of 3.73% over the previous year; net profit attributable to shareholders of listed companies was 154 million yuan, a decrease of 97.57% over the previous year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 87.3015 million yuan, a decrease of 98.61% over the previous year; basic earnings per share were 0.026 yuan. The announcement said that in 2022, the company will focus on building the world's most competitive high-tech enterprise in the entire stainless steel industry chain and will carry out in-depth “benchmarking and finding differences to create one
TISCO Stainless Steel (000825.SZ) issued first-quarter results, with a net loss of 592 million yuan, a year-on-year shift from profit to loss
According to the Zhitong Finance App, TISCO Stainless (000825.SZ) released its report for the first quarter of 2023. The company's revenue during the reporting period was 25.906 billion yuan, up 11.64% year on year; net profit attributable to shareholders of listed companies was 592 million yuan, moving from profit to loss year-on-year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 633 million yuan, a year-on-year shift from profit to loss; basic earnings per share - 0.104 yuan.
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