002240 Chengxin Lithium Group
- 18.62
- -0.27-1.43%
Chengxin Lithium Group News
Shengxin Lithium Energy: Controlling shareholder Shengtun Group pledges 700,000 additional shares
Shengxin Lithium Energy announced that Shengtun Group, the controlling shareholder of the company, pledged 700,000 shares to Guodu Securities Co., Ltd. for exchangeable bondholders to exchange shares and guarantee the principal and interest payments of the exchangeable bonds. As of the disclosure date of the announcement, Shengtun Group held a total of 88.96 million shares of the company, accounting for 9.66% of the company's total share capital, and pledged 70.5 million shares of the company, accounting for 7.82% of the total number of shares in the company.
Shengxin Lithium Energy (002240.SZ) has repurchased a total of 10.455 million shares at a cost of 209 million yuan
According to Zhitong Finance App, Shengxin Lithium Energy (002240.SZ) announced that by the end of April 2024, the company had repurchased 10.455 million shares through centralized bidding, accounting for 1.135% of the company's total share capital; the highest transaction price was 22.39 yuan/share, the lowest transaction price was 17.60 yuan/share, and the total amount paid was 209 million yuan (excluding transaction fees). This repurchase complies with the requirements of the company's share repurchase plan and related laws and regulations.
Shengxin Lithium Energy (002240): The performance is in line with expectations, and the mine side self-supply rate is steadily increasing
Investment highlights The company's net profit in Q1 in '24 was 140 million yuan, a decrease of 63%, in line with market expectations. Q1 revenue in 2014 was 1.2 billion yuan, down 56%, down 8%, net profit to mother - 140 million yuan, down 131 billion yuan
Shengxin Lithium Energy (002240): Stable lithium prices, performance is expected to continue to improve
Core view: Q1 net profit to mother - 140 million yuan, and the degree of loss improved month-on-month. According to the first quarterly report, Q1 achieved revenue of 1.21 billion yuan, a year-on-year decrease of 56% and a year-on-year decrease of 8%; gross profit of 50 million yuan, a decrease of 92%.
Shengxin Lithium Energy (002240.SZ) reported first-quarter results with a net loss of 144 million yuan
Shengxin Lithium Energy (002240.SZ) released its report for the first quarter of 2024. The company achieved operating income during the reporting period...
The A-share salt lake lithium extraction sector weakened, and Ganfeng Lithium fell more than 5%
Gelonghui, April 24 | Ganfeng Lithium fell more than 5%, Shengxin Lithium Energy fell more than 4%, and China Alcoa International and Tibet Mining followed suit.
Shengxin Lithium Energy (002240.SZ): 2023 equity distribution, 10 distributions of 2.4 yuan, equity registration date April 25
Gelonghui, April 18 | Shengxin Lithium Energy (002240.SZ) announced that the company's 2023 equity distribution plan is to distribute RMB 2.40 in cash (tax included) to all shareholders for every 10 shares based on the company's current total share capital of 921,265,872 shares excluding 10,454,979 shares held in the special securities account for repurchase. The share registration date for this equity distribution is April 25, 2024, and the ex-dividend date is April 26, 2024.
Shengxin Lithium Energy (002240.SZ): Procedures relating to the transfer of prospecting rights to mining rights for the Mucilonite lithium mine under Huirong Mining are being actively promoted
Gelonghui, April 16 | Shengxin Lithium Energy (002240.SZ) said on the investor interactive platform that the processing of procedures relating to the transfer of prospecting rights to mining rights for the woodvelvet lithium mine under Huirong Mining is being actively promoted. If there are any important developments in the future, the company will promptly disclose them in accordance with relevant regulations.
Shengxin Lithium Energy (002240.SZ): The lithium metal project was put into production in 2020 and has now built a production capacity of 500 tons
Gelonghui, April 16 | Shengxin Lithium Energy (002240.SZ) said on the investor interactive platform that the company's lithium metal project was put into production in 2020 and has now built a production capacity of 500 tons. The company is optimistic about the development prospects of the lithium metal industry, focusing on strengthening technology, technology and R&D work, continuously strengthening technology accumulation and cooperation and communication with related customers on ultra-thin and ultra-wide lithium belts, and achieving small-batch production of ultra-thin and ultra-wide lithium belts; in the future, the company will expand the scale of production in due course according to market demand for lithium metal.
Shengxin Lithium Energy (002240) 2023 Report Review: Short-term performance is under pressure, SabiStar successfully put into production to strengthen resource advantages
Incident: The company released its 2023 annual report, achieving revenue of 7.95 billion yuan, or -34.0% year on year; net profit to mother of 70 million yuan, -87.4% year-on-year, after deducting non-net profit of 130 million yuan, -97.7% year-on-year. of which Q4
Express News | Shengxin Lithium Energy: The current order situation is good, and the market market is somewhat better than at the beginning of the year
Shengxin Lithium Energy (002240): The decline in lithium prices is putting pressure on profits, and the resource side is progressing steadily
Investment highlights In 2023, the company achieved net profit of 702 million yuan, a year-on-year decrease of 87.35%. The performance was basically in line with expectations. The company's revenue in 2023 was 7.951 billion yuan, down 33.96% year on year; net return to mother
Shengxin Lithium Energy (002240): mineral salt decline and mismatch profits are temporarily under pressure
Introduction to this report: The decline in lithium salt prices and the decline in the cost of purchasing lithium ore are lagging behind; the company ensures stable supply of raw materials by increasing the lithium mine self-sufficiency rate and underwriting lithium ore; the smooth progress of Indonesia's Shengtuo project is expected to drive the expansion of lithium salt production capacity. Key investment points:
Shengxin Lithium Energy (002240.SZ): spent 209 million yuan to buy back 1.135% of the shares
Gelonghui March 31 | Shengxin Lithium Energy (002240.SZ) announced that by the end of March 2024, the company had repurchased 10.455 million shares through centralized bidding, accounting for 1.135% of the company's total share capital; the highest transaction price was 22.39 yuan/share, the lowest transaction price was 17.60 yuan/share, and the total amount paid was 209 million yuan (excluding transaction fees).
Shengxin Lithium Energy (002240): New project construction is progressing steadily, medium- to long-term development plans are clear
The company released its 2023 annual report: achieved operating income of 7.951 billion yuan, or -33.96%; realized net profit of 702 million yuan, or -87.35% year-on-year; realized net profit of 126 million yuan after deduction of non-return to mother.
Shengxin Lithium Energy (002240): Asset impairment losses hit the new high wood wool mine since listing and will contribute to subsequent resource growth
Incident: On March 27, 2024, the company released its 2023 annual report. The company's revenue in 2023 was 7.951 billion yuan, or -33.96% year on year; net profit to mother was 702 million yuan, -87.3 million yuan year on year
Shengxin Lithium Energy (002240): Q4 net profit to mother - 400 million yuan lithium price stabilized performance or improvement
Core view: Affected by the drop in lithium prices, Q4's net profit was 393 million yuan. According to the company's annual report, in '23, the company achieved revenue of 7.951 billion yuan, a year-on-year decrease of 33.96%; net profit to mother was 702 million yuan, a decrease of 87 million yuan
Shengxin Lithium Energy's performance was overshadowed by Q4's loss of nearly 400 million yuan “on the way to find lithium” | Annual Report Interpretation
① Due to the sharp correction in lithium carbonate prices last year, Shengxin Lithium Energy's net profit fell by nearly 90% year on year, and lost nearly 400 million yuan in the fourth quarter; ② Shengxin Lithium Energy's long-term plan to produce more than 130,000 tons of lithium salt per year, corresponding to over 1 million tons of lithium concentrate. However, during the reporting period, the company's lithium concentrate production was only 173,000 tons, and the company “continued to search for lithium” through shareholding and supply agreements.
Shengxin Lithium Energy (002240.SZ): Net profit for 2023 decreased by 87.35% to 702 million yuan, plans to split 10 to 2.4 yuan
Gelonghui March 27丨Shengxin Lithium Energy (002240.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 7.951 billion yuan, a year-on-year decrease of 33.96%; net profit attributable to shareholders of listed companies was 702 million yuan, a year-on-year decrease of 87.35%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 126 million yuan, a year-on-year decrease of 97.72%; basic income per share was 0.77 yuan; it plans to distribute a cash dividend of 2.4 yuan (tax included) to all shareholders for every 10 shares.
Sichuan lithium development steps forward in the Ningde Era, Shengxin Lithium Energy, and Tianqi Lithium “shake hands” to jointly build a mining area power supply project
① Tianqi Lithium announced today that its holding subsidiary Shenghe Lithium signed a “Cooperation Agreement on Jointly Constructing a 220kV Power Transmission and Transformation Project in a Shared Methyl Card Mining Area”. ② Behind this cooperation agreement is the joint promotion of lithium mine development in Sichuan by the three listed companies Tianqi Lithium, Ningde Times, and Shengxin Lithium Energy.
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