02886 BINHAI INV
- 1.210
- +0.020+1.68%
BINHAI INV News
Changes in Hong Kong stocks 丨 Binhai Investment closed up 2.6% and recently signed several natural gas purchase and sale contracts
Glonghui, May 28 | Binhai Investment (2886.HK) closed up 2.6% to HK$1.19, with a turnover exceeding HK$1.06 million and a total market value of HK$1.61 billion. According to the news, Binhai Investment announced on April 24 and May 6 that the company has signed natural gas purchase and sale contracts with Beijing Fuel Tianjin and Hebei Construction Investment Xinneng respectively to expand and optimize the upstream gas source structure. In addition, Binhai Investment announced on May 20 that it has obtained the Qinhuangdao North Glass Gas Supply Project, demonstrating that expanding upstream gas sources is beneficial to developing customers in the downstream market.
Binhai Unit to Supply Gas to Triumph's New Glass Factory
Binhai Investment's (HKG:2886) joint venture Qinhuangdao Taixing Gas has secured a contract to supply natural gas to Qinhuangdao Beifang Glass' upcoming photovoltaic alumino-silicate glass factory, ac
Binhai Investment (02886.HK): Obtained the Qinhuangdao North Glass Gas Supply Project
Gelonghui, May 20, 丨 Binhai Investment (02886.HK) announced that the joint venture Qinhuangdao Taixing Natural Gas Co., Ltd. (“Taixing Company”), in which the company indirectly holds 45% of the shares through Binhai Investment (Tianjin) Co., Ltd., has obtained a project to supply natural gas to Qinhuangdao North Glass Co., Ltd. (“North Glass”) (“Qinhuangdao North Glass Project”). Beifang Glass is a wholly-owned subsidiary of Kaisheng Xinneng (600876.SH/01108.HK). It is laying out the development of the photovoltaic glass industry in North China and Northeast China. Its economy and technology in Qinhuangdao City, Hebei Province
Cinda International: Binhai Investment's profit is expected to be generally stable year-on-year in 2024, and shareholder returns may be further increased in the future
Cinda International released a report today. The interview notes that Binhai Investment (2886.HK) aims to increase pipeline gas sales by 12% in 2024, and the gross margin is expected to improve further; recently launched gas source trading business, increasing upstream supply options will help improve bargaining power; and connecting revenue is being dragged down by the real estate market, and is actively developing value-added services for existing users. According to rough estimates, profit in 2024 was generally stable year over year, and shareholder returns may be further increased in the future. The target for pipeline gas sales growth in 2024 is 12%, and the gross margin is expected to improve further: in 2023, the Group's revenue will increase 5.0% year on year to 64.
Research Report Nuggets丨Become Rich Securities: Binhai Investment consolidates upstream resource benefits and exploits downstream customer gross margin is expected to increase
Gelonghui, May 13 | Fortune Securities Research Report indicates that in 2023, Binhai Investment (2886.HK)'s total revenue rose 5% to HK$6.41 billion, net profit of HK$260 million, and gross margin remained at 11.7%. Gas sales achieved a 9.4% year-on-year increase, surpassing the national average. Among them, the share of sales for commercial and commercial users increased significantly to 83.6%, leading the industry. In order to consolidate upstream resources, the Group signed natural gas purchase and sale contracts with companies such as Xintian Green Energy, which not only broadened gas supply channels, but also reduced procurement costs and enhanced profitability through the use of LNG terminals around Tianjin. With beauty
Individual Stock Research: Binhai Investment (2886.HK)
For the full year of 2023, revenue for 2023 increased 5% year-on-year to HK$6.41 billion, and net profit decreased by 21% year-on-year to HK$2.6 billion. The gross profit margin is 11.7%, which is roughly the same year over year. During the period, aggregate sales increased year-on-year by 9
Express News | Binhai Investment: I am confident that this year's gross margin will be better than last year, and total gas sales will grow by double digits
BINHAI INV: POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 10 MAY 2024
Binhai Investment's Unit to Acquire Gas to Support Business in Mainland China
Binhai Investment Company (HKG:2886) unit Shenzhen Binhai Energy Co. will acquire gas from HCIG New Energy Supply Chain Management, a unit of China Suntien Green Energy (SHA:600956, HK:00956), to supp
Binhai Investment (02886.HK) signed a natural gas purchase and sale contract with Hebei Construction Investment Xinneng
Gelonghui Investment (02886.HK) announced that Shenzhen Binhai Energy Co., Ltd. (“Shenzhen Binhai Energy”), a wholly-owned subsidiary of the company, and Hebei Construction Investment Xinneng Supply Chain Management Co., Ltd. (“Hebei Construction Investment New Energy”), a wholly-owned subsidiary of Xintian Green Energy (SH.600956, HK.00956), signed a natural gas purchase and sale contract. Hebei Construction Investment Xinneng will supply sufficient natural gas to Shenzhen Binhai Energy at competitive prices to support the Group's gas business in mainland China. Xintian Green Energy's overall design handling capacity at the liquefied natural gas receiving station in Tangshan, Hebei
Weifang Binhai Investment: Change of accounting firm
Weifang Binhai Investment and Development Co., Ltd. announced that the company's accounting firm was changed from “Zhongxi Certified Public Accountants (Special General Partnership)” to “Beijing Zhongming Guocheng Certified Public Accountants (Special General Partnership)”.
Binhai Renews Purchase Deal With Beijing Gas
Binhai Investment (HKG:2886) has renewed its annual natural gas procurement contract with Beijing Gas Group, according to a Wednesday filing with the Hong Kong bourse. A contract has been inked betwee
Shenzhen Binhai Energy, a subsidiary of Binhai Investment (02886.HK), and Beijing Fuel Tianjin renew annual natural gas purchase and sale contract
Binhai Investment (02886.HK) announced that Shenzhen Binhai Energy, a wholly-owned subsidiary of the company, and Beijing Fuel Tianjin have renewed the annual natural gas purchase and sale contract to supply natural gas from Beijing-Binhai Energy to support the group's gas business in the Beijing-Tianjin-Hebei region of China. According to the purchase and sale agreement, Beijing Fuel Tianjin will provide competitive gas prices to meet the large-scale gas procurement requirements of Shenzhen Binhai Energy.
Understand Binhai Investment (02886.HK) 2023ESG Report in one picture
Binhai Investment Limited (“Binhai Investment”, stock code 02886.HK) is an investment company listed on the main board of the Hong Kong Stock Exchange. We have always been committed to becoming an advocate and supplier of comprehensive energy in China, focusing on providing a complete set of safe, reliable and environmentally friendly energy solutions for industrial and commercial users and urban residents.
Natural gas prices have increased in many places in the industry: the implementation of the gas favorable price mechanism is expected to improve the performance of urban combustion companies
According to a notice from the Putian Municipal Development and Reform Commission, the sales price of pipeline gas for residential users will be adjusted starting April 15. Furthermore, according to statistics from the Financial Federation reporter, since 2024, Shenzhen, Chengdu, Fuzhou and other places have announced gas price adjustment plans for residential pipelines, and sales prices for residential pipeline gas have all increased.
BINHAI INV To Go Ex-Dividend On June 11th, 2024 With 0.076 HKD Dividend Per Share
April 13th - $BINHAI INV(02886.HK)$ is trading ex-dividend on June 11th, 2024. Shareholders of record on June 12th, 2024 will receive 0.076 HKD dividend per share on July 19th, 2024. The ex-divide
Binhai Investment (02886.HK) will pay a final dividend of HK$0.076 per share on July 19
Binhai Investment (02886.HK) announced that the company will pay a final dividend of HK$0.076 per share for the year ended 31 December 2023 on July 19, 2024.
BINHAI INV: Annual Report 2023
Xincheng Securities: Looking forward to investing in Binhai to HK$1.98. Natural gas sales volume and price will rise sharply in 2024, which may drive full-year results
Xincheng Securities: Looking at Binhai Investment to HK$1.98, the sales volume and price of natural gas rose sharply in 2024, April 9 | Xincheng Securities released a research report today saying that Binhai Investment's revenue in 2023 was HK$6.407 billion, up 5.0% year on year; gross profit of HK$749 million, up 3.0% year on year. It shows that the company's business is growing rapidly. Profit attributable to shareholders was HK$257 million, down 21.2% year-on-year, mainly due to the continued rise in SOFR during the year, which led to an increase in the financing costs of US dollar syndicated loans. If you look at the split for half a year, 20231H shareholders should account for about 1.6 profit
Changes in Hong Kong stocks 丨 Gas stocks collectively strengthened, with Binhai Investment leading the rise of nearly 7%
Gelonghui, April 8 | Capital in the A-share market has collectively strengthened resource stocks, and sectors such as non-ferrous metals, coal, and gas have collectively strengthened. Affected by this, gas supply stocks in the Hong Kong stock market have collectively strengthened. Among them, Binhai Investment led the sector with a rise of nearly 7%. Binhai Investment's main business is investing in the construction and operation of urban gas pipeline networks in mainland China, providing pipeline installation and construction services, supplying and supplying natural gas and liquefied petroleum gas, and providing clean energy for industrial and commercial users and urban residents. Teda Holdings holds 40.32% of Binhai Investment's shares through its subsidiary subsidiary and is the largest shareholder; Great Wall Gas through its wholly-owned subsidiary
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