002738 Sinomine Resource Group
- 34.09
- +0.59+1.76%
Sinomine Resource Group News
China Mining Resources (002738): Reduced costs, increased resonance, remarkable profit resilience
The incident described the company's net profit to mother of 2,208 billion yuan in 2023, -33% year-on-year; net profit after deduction of non-return to mother was 2.13 billion yuan, -34% year-on-year. 23Q4 net profit to mother was 138 million yuan, -89% YoY, month-on-month-
Express News | China Mining Resources: At present, the total mineral processing capacity of 4.18 million tons/year and battery-grade lithium salt production capacity of 66,000 tons/year have achieved stable production. The company's wholly-owned lithium mine guarantees
China Mining Resources (002738.SZ): Currently, the total mineral processing capacity of 4.18 million tons/year and battery-grade lithium salt production capacity of 66,000 tons/year have achieved stable production
Gelonghui, May 14, 丨 China Mining Resources (002738.SZ) said on the investor interactive platform that the company currently has a total mineral processing capacity of 4.18 million tons/year and a battery-grade lithium salt production capacity of 66,000 tons/year, all of which have achieved stable production. The company's wholly-owned lithium mine guarantees the supply of raw materials for the lithium salt business. The company continuously reduces lithium salt production costs by reducing costs and increasing efficiency, adjusting the raw material product structure, constructing photovoltaic power plants, and expanding municipal power supply capacity. In May 2023, the company invested in construction in Zimbabwe through the Public-Private-Partnership model1
Everbright Securities: The current round of industry clearance or the lithium carbonate sector may be gradually increased
Everbright Securities released a research report saying that considering that several well-known Australian mines have stopped production and reduced production since the beginning of 2024, while leading companies in the industry have reported losses in a single quarter, this round of industry clearance may have begun.
China Mining Resources (002738): Self-owned resources release 24Q1 performance slightly exceeded expectations, and the copper business will start a second growth
Investment highlights: Event: The company released its 2023 annual report and 2024 quarterly report. For the full year of 2023, the company achieved operating income of 6.01 billion yuan, -25.2% year-on-year; net profit to mother was 2.21 billion yuan, year-on-year.
China Mining Resources (002738): The self-sufficiency rate of lithium ore has increased dramatically, and the results of cost reduction and efficiency are beginning to show
Incident: 1) The company released its 2023 annual report. The company achieved operating income of 6.013 billion yuan in 2023, a year-on-year decrease of 25.22%; net profit to mother was 2,808 billion yuan, a year-on-year decrease of 32.98%; deducted
China Mining Resources (002738.SZ): 1.13% of shares have been repurchased cumulatively
Gelonghui, May 6, 丨 China Mining Resources (002738.SZ) announced that as of April 30, 2024, the company had repurchased a total of 8,254,817 shares through a special stock repurchase securities account, accounting for 1.1311% of the company's total share capital of 729,811,694 shares on April 30, 2024. The highest transaction price for the purchased shares was 39.19 yuan/share, and the total amount of capital used was 299,985,570.64 yuan (excluding transaction fees).
China Mining Resources (002738): Lithium raw materials fully achieve self-sufficiency and increase the layout of the copper field
The company released its 2023 annual report: achieved revenue of 6.013 billion yuan, -25.22%; realized net profit to mother of 2,808 billion yuan, -32.98% year-on-year; achieved net cash flow from operating activities 30.
China Mining Resources (002738) Company Incident Review Report: The lithium mine self-sufficiency rate has increased dramatically, and the layout of copper mine projects can be expected in the future
China Mining Resources released its 2023 annual report and 2024 first quarter report: the company's revenue for 2023 was 6.013 billion yuan, a year-on-year decrease of 25.22%; net profit to mother was 2,208 billion yuan, a year-on-year decrease of 3
Express News | Brokers' heavy stocks revealed in the first quarter, adding more than 100 new stocks
China Mining Resources (002738): Multi-resource layout blossomed, performance improved month-on-month
Guide to this report: The decline in lithium prices reduces profits, but the company's lithium salt cost reduction continues to advance, and increases the allocation of copper resources to enrich revenue growth sources. Investment Essentials: Maintaining an “Overweight” rating. The company's revenue in 2023 was 6.013 billion yuan (same
China Mining Resources (002738): Performance is pressured, the company's BIKITA mine project has been implemented to improve the raw material self-sufficiency rate, and the proposed acquisition of KITUMBA copper is expected to bring new growth points
Incident: The company released the 2023 Annual Report and the 2024 First Quarter Report. Revenue and profit declined year-on-year. The company's revenue in 2023 was 6.013 billion yuan, -25.22% YoY; net profit attributable to mother 22.
China Mining Resources (002738) Company Information Update Report: BIKITA cuts costs and sees initial results, and acquires copper ore to open a second growth curve
The lithium sector reduced costs and increased its performance, and the addition of the copper sector opened the second growth curve. The company achieved operating income of 6.013 billion yuan, -25% year-on-year, and net profit to mother of 2,208 billion yuan, -33%; 20
China Mining Resources (002738): Lithium mine production expansion+cost reduction to cross the cycle four-wheel drive to build an international mining group
Core view The company's lithium salt production capacity has reached 66,000 tons/year, and the Bikita mine has reached production scale of 4 million tons. The lithium salt business resources are basically self-sufficient, and the company's production capacity is gradually being released to make up the price with volume. Furthermore, lithium salt reduces costs and increases efficiency
Minsheng Securities released a research report on April 27 stating that it gave China Mining Resources (002738.SZ) a recommended rating. The main reasons for the rating include: 1) lithium salt: the Bikita lithium project has been put into operation, and
Minsheng Securities released a research report on April 27 stating that it gave China Mining Resources (002738.SZ) a recommended rating. The main reasons for the rating include: 1) lithium salt: the Bikita lithium project has been put into operation, and the production of its own mine has increased dramatically; 2) cesium rubidium: volume and price have risen sharply, and raw material monopoly guarantee performance continues to grow; 3) lithium salt cost reduction: structural transformation of lithium ore raw materials + reduction in electricity costs, and the 2024Q1 cost reduction effect is initially evident. (Mainichi Keizai Shimbun)
China Mining Resources (002738): Q1 shipments exceeded expectations, and BIKITA reduced costs with remarkable results
[Investment Highlights The results for 23 and 24Q1 were in line with expectations, and net profit from the mother in 24Q1 increased month-on-month. The company's revenue for 23 years was 6 billion yuan, down 25%; net profit attributable to mother was 2.2 billion yuan, down 33%; deducted non-net profit of 21 billion yuan
China Mining Resources (002738): BIKITA cuts costs and continues to push forward the depreciation of the Tianjin yuan to expand exchange losses
2023&1Q24 results are in line with market expectations. The company announced 2023&1Q24 results. In 2023, it achieved revenue of 6.013 billion yuan, -25% year-on-year, and net profit of 2,208 billion yuan, year-on-year.
China Mining Resources (002738): Lithium salt reduces costs and increases efficiency, performance improves, lays out copper resources to open up new growth space
Event: The company released its 2023 annual report and 2024 quarterly report. The company achieved operating income of 6.013 billion yuan in 2023, a year-on-year decrease of 25.22%; achieved net profit attributable to shareholders of the parent company of 2,208 billion yuan
China Mining Resources (002738.SZ): 2023 net profit of 2,208 billion yuan, plans to distribute 10 yuan
On April 26, Ge Longhui Resources (002738.SZ) released its 2023 annual report, achieving operating income of 6.013 billion yuan, a year-on-year decrease of 25.22%; net profit attributable to shareholders of listed companies of 2,208 billion yuan, a year-on-year decrease of 32.98%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 2.130 billion yuan, a year-on-year decrease of 33.86%; and basic earnings per share. It is proposed to distribute a cash dividend of 10 yuan (tax included) to all shareholders for every 10 shares.
China Mining Resources (002738.SZ): Net profit of 256 million yuan in the first quarter decreased by 76.63% year-on-year
On April 26, Ge Longhui Resources (002738.SZ) released its report for the first quarter of 2024, achieving operating income of 1,127 billion yuan, a year-on-year decrease of 45.63%; net profit attributable to shareholders of listed companies of 256 million yuan, a year-on-year decrease of 76.63%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 228 million yuan, a year-on-year decrease of 79.32%; and basic earnings per share of 0.3513 yuan.
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