002182 Baowu Magnesium Technology
- 17.39
- -0.51-2.85%
Baowu Magnesium Technology News
Baowu Magnesium (002182): The accelerated expansion of production capacity will benefit from the growth of magnesium alloy applications
The company's net profit to mother fell 50% year over year in 2023. In 2023, the company achieved revenue of 7.65 billion yuan (-16.0%), net profit attributable to mother of 306 million yuan (-49.8%), after deducting net profit of 3.0 million yuan
Baowu Magnesium (002182): Magnesium alloy continues to expand downstream and new projects are progressing steadily
Investment Highlights The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 7.652 billion yuan, a year-on-year decrease of 15.96%; net profit to mother was 306 million yuan, a year-on-year decrease of 4 million yuan
Express News | Baowu Magnesium: The ideal L6 steering wheel is provided by the company
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
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)
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.
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
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.
Baowu Magnesium Industry (002182): Magnesium alloy applications continue to expand, production capacity will soon be released
Incident: On April 24, the company released its annual report for the year 23 and the quarterly report for '24. It achieved revenue of 7.652 billion yuan in '23, -15.96% year-on-year, and net profit of 306 million yuan, or -49.82% year-on-year; 1Q
Baowu Magnesium (002182) 2023 Annual Report & 2024Q1 Review: Focus on the progress of deep processing penetration Q1 performance exceeds expectations
Performance summary: In 2023, the company achieved operating income of 7.65 billion yuan (-16.0%), achieved net profit of 310 million yuan (-49.8%), corresponding basic EPS of 0.46 yuan, and net profit of 3.0 yuan after deduction
Express News | Baowu Magnesium: Net profit of 607.193 million yuan in the first quarter increased 19.94% year-on-year
The non-ferrous sector fluctuated and rebounded, and Huayu Mining hit a rise or fall. Hongda Co., Ltd., Beifang Copper, Baowu Magnesium, Changlu, and Minfa Aluminum had the highest gains.
The non-ferrous sector fluctuated and rebounded, and Huayu Mining hit a rise or fall. Hongda Co., Ltd., Beifang Copper, Baowu Magnesium, Changlu, and Minfa Aluminum had the highest gains.
Baowu Magnesium (002182): Actively expanding resources and deep processing profits will improve
Net profit to mother decreased by -49.87% year-on-year in '23, maintaining the buy-rating company achieved operating income of 7.652 billion yuan, yoy -15.96% in '23; net profit to mother of 306 million yuan, yoy-49.8
Express News | Baowu Magnesium and Yizumi reached a strategic cooperation in magnesium alloy molding
Baowu Magnesium (002182.SZ): is a second-tier supplier for Xiaomi cars
Gelonghui, April 3 | Baowu Magnesium (002182.SZ) said on the investor interactive platform that the company is a second-tier supplier for Xiaomi cars, providing them with forged extrusion bars for aluminum alloy automobile extrusions (such as control arms, etc.) and micro-channel flat tubes for automotive air conditioning.
Baowu Magnesium (002182.SZ): Currently, the company's materials are indirectly supplied to DJI
Gelonghui April 3 丨 An investor asked Baowu Magnesium (002182.SZ) on the investor interactive platform, “Are the company's materials currently used in drones? How big are the orders?” The company replied that currently the company's materials are being supplied indirectly to DJI.
Baowu Magnesium (002182.SZ): As of March 29, the number of shareholders of the company was 42,643
Gelonghui, April 1 | Baowu Magnesium (002182.SZ) said on the investor interactive platform that as of March 29, the number of shareholders of the company was 42,643.
Baowu Magnesium (002182.SZ) performance report: 2023 net profit of 306 million yuan decreased by 49.83% year-on-year
Gelonghui, March 28 | Baowu Magnesium (002182.SZ) announced the 2023 annual performance report. In 2023, the company achieved operating income of 7.652 billion yuan, down 15.96% from 910,460.98 million yuan in the same period last year; operating profit of 368 million yuan, down 53.14% from 784.933 million yuan in the same period last year; total profit of 376 million yuan, down 51.89% from 7818.23 million yuan in the same period last year; net profit attributable to shareholders of listed companies was 306 million yuan, compared with the same period last year 61.07966 million yuan, down 49.83
The A-share non-ferrous metals sector strengthened, and Baowu Magnesium rose nearly 8%
Gelonghui, March 28 | Baowu Magnesium rose nearly 8%, Yunlu shares rose more than 6%, and Bowei Alloys, Antai Technology, and Luoyang Molybdenum rose more than 4%.
Express News | Baowu Magnesium: The company signed a cooperation agreement with the customer for the development and application of oversized magnesium alloy integrated die castings
Analysis
Price Target
No Data
