000830 Luxi Chemical Group
- 12.42
- +0.30+2.48%
Luxi Chemical Group News
Luxi Chemical (000830): Net profit returned to mother fell 74.05% year on year in '23, optimistic about the growth space brought about by the commissioning of new projects
Luxi Chemical announced its 2023 annual report. In 2023, the company achieved operating income of 25.358 billion yuan, a year-on-year decrease of 16.47%, and net profit to mother of 819 million yuan, a year-on-year decrease of 74.05%. 2023
Luxi Chemical (000830.SZ): 2024 product production plan is 9.6 million tons, revenue budget target is 31.3 billion yuan
Gelonghui May 16 | Luxi Chemical (000830.SZ) held a performance briefing on May 16, 2024. Regarding “Luxi exceeded expectations in the first quarter and completed tasks, does the company have goals for the whole of '24?” The company replied that the company's 2024 product production plan is 9.6 million tons, and the revenue budget target is 31.3 billion yuan. The company's management team coordinates project construction and strives to achieve production results as soon as possible.
Luxi Chemical (000830): Improved market combined with improved operations 24Q1 performance exceeded expectations
The incident described that the company released its 2023 annual report and 2024 quarterly report. In 23, it achieved revenue of 25.358 billion yuan, -16.47% year-on-year, and realized net profit of 819 million yuan, or -74.05% over the same period last year;
Luxi Chemical (000830.SZ) reported 2023 annual results, net profit of 819 million yuan, a year-on-year decrease of 74.05%
According to Zhitong Finance App, Luxi Chemical (000830.SZ) released its 2023 annual report. During the reporting period, the company achieved operating income of 25.358 billion yuan, a year-on-year decrease of 16.47%; net profit attributable to shareholders of listed companies was 819 million yuan, a year-on-year decrease of 74.05%; net profit attributable to shareholders of listed companies deducted non-recurring profit and loss of 865 million yuan, a year-on-year decrease of 71.67%; basic earnings per share were 0.428 yuan/share. The company's profit distribution plan, which was reviewed and approved by the board of directors this time, is based on 1,916,476,161 for every 10 shares to all shareholders
Express News | Luxi Chemical: Net profit from mother in the first quarter was 570 million yuan, up 76.26% year-on-year
Luxi Chemical (000830): Net profit increased in 24Q1 under pressure in 23
Net profit returned to mother in '23 was -74% YoY /+76% YoY in 24Q1. Maintaining the “Buy” rating, the company released its annual report for the year 23 and the quarterly report for '24 on April 29. The revenue for '23 was -16% to 25.4 billion yuan.
Luxi Chemical: Investigation Report on the Company's Subsidiary's “5.1” Safety Incident
Luxi Chemical Group Co., Ltd. announced that at 8:36 on May 1, 2023, the hydrogen peroxide unit of Hydrogen Peroxide Company exploded and caught fire, resulting in 10 deaths, 1 injury, and direct economic losses of 54.4531 million yuan. After investigation, it was determined that the “5.1” major explosion and fire accident at the hydrogen peroxide company was a major production safety liability accident caused by unclear identification of the safety risks of high-concentration hydrogen peroxide, poor control, illegal operation, and crowds of personnel at the scene.
Luxi Chemical Faces Fine of Up to 10 Million Yuan Over Fatal Factory Explosion
Luxi Chemical Group (SHE:000830) is facing a fine of up to 10 million yuan over a fatal explosion and fire at a subsidiary plant in May, 2023, according to a Shenzhen Stock Exchange filing on Monday.
Luxi Chemical (000830.SZ) discloses matters relating to the subsidiary's 5.1 safety accident investigation report
Luxi Chemical (000830.SZ) announced that on April 19, 2024, the Shandong Provincial People's Government issued an approval on the “Investigation Report on the “5.1” Major Explosion and Fire Accident of Liaocheng Luxi Hydrogen Peroxide New Material Technology Co., Ltd.” At 8:36 on May 1, 2023, the hydrogen peroxide device of Liaocheng Luxi Hydrogen Hydrogen New Material Technology Co., Ltd. (“Hydrogen Peroxide Company”), a wholly-owned subsidiary of the company, exploded and caught fire, resulting in 10 deaths, 1 injury, and direct economic losses of 54.4531 million yuan.
Luxi Chemical (000830): 23 years of falling product prices, performance under pressure, waiting for the economy to recover
Incident: The company released its 2023 performance forecast. In 23, the company expects to achieve net profit of 7.80 to 880 million yuan, a year-on-year change of -75.3% to -72.1%, and is expected to achieve net profit of 8.22~
Express News | Luxi Chemical: Approval for issuing shares to absorb and merge Luxi Group expires
Express News | The ban on restricted shares with a market capitalization of 21.0838 billion yuan was lifted today, and Xiangyu Medical ranked first with a market capitalization of 4.802 billion yuan
Express News | The listing ban on over 1.3 billion restricted shares will be lifted next week
The price of methylene chloride has risen by more than 30% since the beginning of the year. Listed companies say they are concerned about the rise in product prices
Gelonghui, March 12 | According to the Financial Federation, the domestic trichloromethane market has been rising since this year. Some commodity data vendors show that the average price of products has exceeded 2,700 yuan/ton, up more than 30% from the beginning of the year (2,070 yuan/ton). On March 12, Luxi Chemical Product Information showed that the sales price of 99.99% of the trichloromethane produced by the company had reached 2,750 yuan/ton. Company staff said that the price of methylene chloride has indeed risen recently. In the first half of last year, the company's subsidiaries engaged in the production and sale of chloromethane and other products achieved net profit of about 254 million yuan.
Luxi Chemical (000830.SZ): Currently, the silicone production capacity is 50,000 tons, and the 400,000 ton silicone project is under construction
Gelonghui March 5 丨 An investor asked Luxi Chemical (000830.SZ) on the investor interactive platform, “Did your company put into operation the first phase of 400,000 tons of silicone at the end of 2023? And what is the company's total silicone production capacity now?” The company replied that the company currently has a silicone production capacity of 50,000 tons, and a 400,000 ton silicone project is under construction.
Luxi Chemical (000830) Comment: The performance is in line with expectations, the operating load is gradually increasing, and the terminal's performance is resilient in the off-season
Key investment points: Company announcement: The company released its 2023 performance forecast and is expected to achieve net profit of 780 million yuan (YoY -75.28%) to 800 million yuan (YoY -72.11%), net profit not attributable to mother8
Luxi Chemical (000830): Overcoming a slump and waiting for downstream recovery
Net profit returned to mother fell 75%-72% year-on-year. Maintaining the “Buy” rating, the company issued a performance forecast on January 26. The estimated net profit to the mother in '23 is 78-800 million yuan (net profit not less than 82-92 million yuan)
Express News | Luxi Chemical: Net profit of 780 million to 880 million yuan is expected to increase 75.28% to 72.11% year-on-year in 2023
Luxi Chemical (000830.SZ): Ethylene downstream phase II project (80,000 tons of propanol, 120,000 tons of propionaldehyde) is under construction
Gelonghui, January 18 | Luxi Chemical (000830.SZ) said on the investor interactive platform that the company currently has a propanol production capacity of 80,000 tons, and the second phase of the downstream ethylene project (80,000 tons of propanol, 120,000 tons of propionaldehyde) is under construction.
Luxi Chemical (000830.SZ): The company currently has a propanol production capacity of 80,000 tons
Gelonghui, January 9 | Luxi Chemical (000830.SZ) said on the investor interactive platform that the company currently has a propanol production capacity of 80,000 tons, and the second phase of the downstream ethylene project (80,000 tons of propanol, 120,000 tons of propionaldehyde) is under construction.
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