002318 Zhejiang JIULI Hi-tech Metals
- 24.41
- +0.24+0.99%
Zhejiang JIULI Hi-tech Metals News
CICC: The pace of energy saving and carbon reduction transformation may speed up, and the profit distribution pattern of the steel industry chain is expected to improve
The erosion of steel profits by furnace materials in the bottom cycle of this round is obvious. As production regulation progresses, profit distribution in the industrial chain may change, and pressure on the raw material side is expected to weaken.
Jiuli Special Materials (002318): Stainless steel tube leaders continue to develop high-end products and expand overseas markets, and there is plenty of room for growth
Investment points Jiuli Special Materials was founded in 1987 and specializes in the development and production of industrial stainless steel and special alloy pipes, bars, wires, bimetallic composite pipes, pipe fittings, etc. The company develops with high-end products and markets
[BT Financial Report Momentary Analysis] In-depth Analysis of Jiuli Hi-Tech's 2023 Report: Panoramic Scan of Financial Data
Zhejiang Jiuli Special Materials Technology Co., Ltd. (stock code: 002318), as a large-scale domestic manufacturer specializing in industrial stainless steel pipes, showed a steady development trend and significant performance growth in 2023. Through continuous technological innovation and market expansion, the company has successfully addressed complex economic situations and industry challenges, further consolidating its leading position in the stainless steel pipe industry. In terms of assets and liabilities, the total assets of Jiuli Hi-Tech Materials increased from 9.881 billion yuan in 2022 to 13.016 billion yuan in 2023, an increase of 31.87%, showing the company's assets
Jiuli Special Materials (002318.SZ): 2023 equity distribution, 10 installments, 4.8 yuan, share registration date May 29
Gelonghui, May 22丨Jiuli Special Materials (002318.SZ) announced that the company's 2023 equity distribution plan is to distribute RMB 4.800,000 (tax included) to all shareholders for every 10 shares based on the company's current total share capital excluding 962,575,260.00 shares after excluding 14,595,460.00 shares that have already been repurchased. The share registration date for this equity distribution is May 29, 2024, and the ex-dividend date is May 30, 2024.
Jiuli Special Materials (002318.SZ): Exports to the US account for a relatively low share and are not yet directly subject to additional tariffs, so the overall impact on the company is small
Gelonghui, May 17 | Jiuli Special Materials (002318.SZ) said on the investor interactive platform that the company's exports to the US account for a relatively low share, and there are no categories directly subject to additional tariffs, which has little impact on the company as a whole. The company will continue to pay close attention to related matters. Currently, the company's production and operation are normal, and this policy will not have a significant impact on the company's recent financial situation or operating results.
CICC: At present, the industry has a high margin of safety, and 24Q2 is optimistic about the repair of core assets in steel manufacturing
The Zhitong Finance App learned that CICC released a research report saying that the current manufacturing industry outlook indicators have improved. Looking ahead, demand expectations are expected to be repaired, and it is difficult to falsify in the short term. Leading steel companies in the underestimated manufacturing industry may usher in a gradual recovery in profits and valuations, and excess profits can be expected. In terms of targets, it is recommended to focus on three main lines: 1) Underestimated steel “core assets” with a bottom layout, focusing on Baosteel shares. It is recommended to focus on Nangang Steel (600282.SH) and Valin Steel (000932.SZ). 2) A leading company in new special steel materials, focusing on recommending Tiangong International, a global tool and tool steel leader with high growth
Jiuli Hi-Tech (002318) Comment: High barriers support the main business, high profit levels, and composite pipe companies are expected to contribute to new growth
Investment highlights: The company released its 2023 annual report and 2024 quarterly report, and the performance is in line with market expectations. In 2023, the company achieved revenue of 8.568 billion yuan, a year-on-year increase of 31.07%, and achieved a net profit of 14.89 billion yuan to mother
Jiuli Special Materials (002318): Continued release of high-end products, continuous improvement in profitability
Incident: The company released the 2023 report and the 2024 quarterly report. The company achieved revenue of 8.57 billion yuan in 2023, +31.1% year over year; net profit to mother of 1.49 billion yuan, +15.6% year on year; net profit not attributable to mother 12
Jiuli Special Materials (002318.SZ): The main business is R&D, production and sales of industrial stainless steel pipes and special alloy pipes, fittings, flanges, bars, wires, wires and pipe prefabricated parts
Gelonghui, May 8 | Jiuli Special Materials (002318.SZ) said on the investor interactive platform that the company's main business is R&D, production and sales of industrial stainless steel pipes and special alloy pipes, fittings, flanges, bars, wires, wire and pipeline prefabricated parts. The products have the characteristics of corrosion resistance, high temperature resistance, etc., and are mainly used in the front-end mining, collection and transmission of petroleum, chemical and gas, power equipment manufacturing and other mechanical equipment manufacturing fields. In addition, the company will also seek new opportunities and challenges in other downstream application fields to create greater value.
Jiuli Hi-Tech (002318): Focus on innovation and continuously cultivate profit growth points
Maintain an “Overweight” rating. The company achieved revenue of 85.68 billion yuan and 2,389 billion yuan respectively in 2023 and 24Q1, up 31.07% and 42.3% year-on-year respectively, and achieved net profit of 14.89 per cent, respectively.
Revenue Beat: Zhejiang JIULI Hi-tech Metals Co.,Ltd Beat Analyst Estimates By 21%
It's been a good week for Zhejiang JIULI Hi-tech Metals Co.,Ltd (SZSE:002318) shareholders, because the company has just released its latest first-quarter results, and the shares gained 8.8% to CN¥24.
Jiuli Hi-Tech (002318) 2023 Annual Report and 2024 Quarterly Report Review: Steady performance growth accelerates the release of high-end production capacity
Event Overview: The company released its 2023 annual report and 2024 quarterly report: In 2023, the company achieved revenue of 8.568 billion yuan, an increase of 31.1% over the previous year; net profit to mother was 1,489 billion yuan, an increase of 15
Jiuli Special Materials (002318): Steady promotion of high-end technology and continuous increase in gross margin
Net profit after deducting non-return to mother in '23 was -5.14%. Maintaining the “buy” rating, the company achieved revenue of 8.568 billion yuan (yoy +31.07%) in '23, and net profit attributable to mother of 1,489 billion yuan (yoy+15.5)
Jiuli Hi-Tech (002318): Overseas performance increased significantly in 23 years, positioning the global middle and high-end markets
Core view: Net profit from mother in '23 and 24Q1 increased by 16% and 41%, respectively. Profitability increased steadily, and overseas market performance exceeded expectations. According to Jiuli Hi-Tech's 2023 Annual Report and 2014 Quarterly Report, 23-year revenue8
Jiuli Hi-Tech (002318): Endogenous epitaxial growth is booming, 24Q1 performance exceeds expectations
Performance summary: In 2023, the company achieved operating income of 8.57 billion yuan (+31.1% YoY), net profit of 1.49 billion yuan (YoY +15.6%), net profit after deduction of 1.22 billion yuan (-5.1% YoY)
Jiuli Special Materials (002318): The proportion of high-end products continues to increase
Event: 2023 Report: In 2023, the company achieved operating income of 8.568 billion yuan, an increase of 31.07%; net profit attributable to shareholders of listed companies was 1,489 billion yuan, an increase of 15.58% over the previous year;
Jiuli Hi-Tech (002318.SZ): Net profit of 328 million yuan in the first quarter increased by 40.95% year-on-year
Gelonghui, April 29 | Jiuli Hi-Tech (002318.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 2,389 million yuan, up 42.30% year on year; net profit attributable to shareholders of listed companies was 328 million yuan, up 40.95% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 340 million yuan, up 51.41% year on year; basic earnings per share were 0.34 yuan.
CICC: The industry is expected to repair leading steel manufacturing companies or to gradually recover profits and valuations
CICC released a research report stating that at present, the domestic manufacturing industry has maintained a positive recovery momentum. Previously, due to the decline in the real estate market, the market's demand expectations for the industry were still pessimistic. Looking ahead, the steel industry is expected to recover.
Guosheng Securities: Crude steel production is falling back, and the pace of chemical bonds is expected to accelerate, and undervalued steel companies have future repair opportunities
Most of the steel sector belongs to the smelting and processing industry. Although the resource attributes are lower than the upstream extractive industry, some companies are currently in an undervalued area, and there are opportunities for future restoration.
Jiuli Hi-Tech (002318.SZ): 1.49% of shares have been repurchased cumulatively
Gelonghui, April 1 | Jiuli Special Materials (002318.SZ) announced that as of March 31, 2024, the company had repurchased a total of 14,595,460 shares through a special securities repurchase account, accounting for 1.49% of the company's current total share capital. The highest transaction price was 19.7 yuan/share, the minimum transaction price was 18.69 yuan/share, and the total transaction amount was 280,721,017.9 yuan (not including transaction fees, etc.).
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