Express News | Baowu Magnesium: The ideal L6 steering wheel is provided by the company

BreakingsApr 28 15:26

Baowu Magnesium (002182): The decline in magnesium prices will drag down the 2023 performance, and new application fields of magnesium alloys will blossom

Incident: The company achieved operating income of 7.652 billion yuan in 2023, a year-on-year decrease of 15.96%; realized net profit attributable to shareholders of listed companies of 306 million yuan, a year-on-year decrease of 49.87%. Q1 2024

光大證券Apr 27 13:41

Debon Securities released a research report on April 26 stating that Baowu Magnesium (002182.SZ) was given a buy rating. The main reasons for the rating include: 1) incident: the company disclosed the 2023 annual report and the first quarter report of 202

Debon Securities released a research report on April 26 stating that Baowu Magnesium (002182.SZ) was given a buy rating. The main reasons for the rating include: 1) incident: the company disclosed the 2023 annual report and the first quarter report of 2024. The results for the first quarter of '23 were under pressure, and the results for the first quarter of '24 improved year-on-year; 2) global magnesium supply and demand in 2023 were weak, and magnesium prices fell sharply; 3) there is a wide range of magnesium demand fields. The company continues to develop demand in various fields, and future magnesium demand can be expected. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 26 19:33

Baowu Magnesium (002182): In 2023, supply and demand in the magnesium industry are weak, and sales of the company's magnesium products in various fields are expected to increase in the future

Incident: The company disclosed the 2023 annual report and the 2024 first quarter report. The 23-year results were under pressure, and the results for the first quarter of '24 improved year-on-year. The company's revenue in 2023 was 7.651 billion yuan, year-on-year -15.

德邦證券Apr 26 18:26

Baowu Magnesium (002182): 24Q1 performance increased year-on-year, and the magnesium alloy deep processing business can be expected to grow

Investment highlights: The company announced the release of the 2023 Annual Report and the 2024 Quarterly Report, and the results are in line with market expectations. In 2023, the company achieved revenue of 7.652 billion yuan, a year-on-year decrease of 15.96%, and net profit of 3.06 billion yuan

申萬宏源研究Apr 26 07:21

Baowu Magnesium (002182): Weak demand led to declining performance, actively expanding downstream magnesium applications

Magnesium-aluminum production and sales declined, and project expansion helped increase production. The company's sales volume for non-ferrous metal smelting and rolling processing in 2023 was 363,800 tons, a year-on-year decrease of 13.93%; production volume was 367,700 tons, a year-on-year decrease of 16.

招商證券Apr 25 16:36