301071 Henan Liliang Diamond
- 33.87
- -0.09-0.27%
Henan Liliang Diamond News
Power Diamond (301071): Cultivating diamond price declines affect 23-year performance, production capacity release helps 24-year performance growth
Core view The company's performance in 2023 is under pressure, mainly affected by the decline in the price of cultivated drills and diamond single crystals. Cultivated Diamond's revenue in 2023 is -41.5%. 24Q1 Company revenue, net profit to mother +45.0%, +42
Express News | Power Diamonds: Currently, it is extremely unlikely that the price of finished cultivated diamonds will drop sharply
Express News | Power Diamonds: Plans to moderately expand production, cultivate diamonds, and are firmly optimistic about cultivating the diamond industry
Tianfeng Securities released a research report on April 23 stating that it gave Power Diamond (301071.SZ) a purchase rating. The main reasons for the rating include: 1) the company published the 2023 report and the quarterly report for the year 24; 2) the
Tianfeng Securities released a research report on April 23 stating that it gave Power Diamond (301071.SZ) a purchase rating. The main reasons for the rating include: 1) the company published the 2023 report and the quarterly report for the year 24; 2) the synthetic diamond industry is an important part of the superhard materials industry and is a “new functional materials industry” in a strategic emerging industry supported and encouraged by national policies; 3) In 2024, the company will adhere to the development strategy of “focusing on resources and strengthening the main business” and adhere to the business strategy of “restructuring, creating efficiency, and building a brand”. The detailed business plan is described below. (Mainichi Keizai Shimbun)
Power Diamond (301071): Looking forward to a recovery in full-year results
The company released the 2023 annual report and the quarterly report for 2014. The company's 24Q1 revenue was 240 million, an increase of 45%, mainly due to the increase in the company's production capacity; net profit of 110 million yuan increased by 42%; after deducting non-return of 90 million yuan, the same increase of 41%;
Debon Securities released a research report on April 23 stating that it gave Power Diamond (301071.SZ) a purchase rating. The main reasons for the rating include: 1) 24Q1 net profit increased by 41%, and performance recovery was strong; 2) short-term sale
Debon Securities released a research report on April 23 stating that it gave Power Diamond (301071.SZ) a purchase rating. The main reasons for the rating include: 1) 24Q1 net profit increased by 41%, and performance recovery was strong; 2) short-term sales prices declined, putting pressure on profits for cultivated diamonds and single crystals; 3) demand for cultivated diamonds improved month-on-month, focusing on inflection points in the inventory cycle; 4) continuous process iteration and upgrading as volume and price repairs were carried out. (Mainichi Keizai Shimbun)
Power Diamond (301071): In 23 years, due to a large drop in the price of cultivated diamonds, the performance was under pressure, and 24Q1 performance improved significantly
Incident: The company released its 2023 & 24Q1 results. In 2023, performance was pressured by falling prices for cultivated diamonds. 24Q1 benefited from the expansion of production and the recovery of industry sentiment, and revenue and profit improved significantly. Achieve revenue in 2023
Power Diamond (301071): 24Q1 performance increased by 42%, focus on inventory and demand cycle inflection points
Net profit also increased 41% in 24Q1, and performance recovery was strong. 1) The company's performance in 2023 was under pressure, achieving revenue of 752 million yuan (yoy -17.0%) and net profit of 364 million yuan (yoy-21.
Power Diamond (301071): 23 years of performance under pressure, focus on 24 years of stable industry prices, production capacity expansion to drive performance release
Incident: The company disclosed its 23 annual report and 24 quarterly report. 23 Full year: Revenue of $750 million (-17%), net profit attributable to mother of $360 million (-21%), net profit of non-return to mother of $310 million (-30%). 23 years in the company
Most of the concepts of cultivating diamonds declined. Yazhen Home fell to a standstill, Mancaron fell by more than 9%, and Chaohongji, Yellow River Cyclone, Huifeng Diamond, Power Diamond, and Boyun New Materials also fell.
Most of the concepts of cultivating diamonds declined. Yazhen Home fell to a standstill, Mancaron fell by more than 9%, and Chaohongji, Yellow River Cyclone, Huifeng Diamond, Power Diamond, and Boyun New Materials also fell.
Power Diamond (301071.SZ): The repurchase was completed with a cumulative cost of 215 million yuan to repurchase 2.24% of the shares
Gelonghui March 21丨Power Diamond (301071.SZ) announced that the company's actual repurchase range is from March 21, 2023 to March 20, 2024, in line with the requirements for the implementation period in the repurchase plan. As of March 20, 2024, the company's share repurchase has been completed. The company has repurchased 5,822,020 shares of the company's shares through centralized bidding through a special stock repurchase securities account, accounting for 2.24% of the company's current total share capital. The highest transaction price is 84.50 yuan/share, the lowest transaction price is 24.06 yuan/share, and the total transaction amount is 215 million yuan (no
Fangzheng Securities: Demand drives price stability, cultivates diamond industry pattern improvement suggestions, focus on sector-related targets
After the previous wave of price reductions for cultivated diamonds, prices have gradually stabilized since this year, driven by demand.
China Machinery Precision (002046.SZ): No loose stones were provided to Power Diamond
Gelonghui March 14 | China Machinery Precision (002046.SZ) said on the investor interactive platform that the company did not provide loose stones to Power Diamond.
Power Diamonds (301071): Cultivate a steady recovery in diamond prices, leading profits are expected to improve
The core idea is the release of demand for cultivating diamond jewellery and the withdrawal of production capacity from some small factories in 23. It is expected that the price of cultivated diamonds will rise by about double digits from 2024. As a leader in cultivating diamonds, the company expanded production capital among peers after completing a fixed increase in '22
Power Diamond (301071.SZ) has repurchased 2.24% of its shares at a cost of 215 million yuan
Power Diamond (301071.SZ) announced that the company will be buying back through centralized bidding as of February 29, 2024...
Power Diamond (301071.SZ): Controlling shareholder and chairman Shao Zengming completed an increase of 975,800 shares
Gelonghui, Feb. 6, 丨 Power Diamond (301071.SZ) announced. As of the announcement disclosure date, the plan to increase holdings has been completed. The company recently received a “Notice Letter on the Completion of the Implementation of the Share Increase Plan” from Mr. Shao Zengming from the actual controller, controlling shareholder, and chairman. As of February 5, 2024, Mr. Shao Zengming, the actual controller, controlling shareholder, and chairman of the company had increased his holdings of the company's shares by a total of 9757.65 million shares through centralized bidding transactions, accounting for 0.3829% of the company's total share capital (shares in the company's special account for repurchase have been excluded)
Express News | Power Diamond: Chairman plans to increase the company's shares by 15 million yuan to 30 million yuan
Power Diamond (301071.SZ): Production and sales of cultured diamond products are currently stable, and sales continue to expand
Gelonghui, Feb. 4 | Power Diamond (301071.SZ) said on the investor interactive platform that the company's cultured diamond products are currently stable in production and sales, and sales continue to expand. The company is also concerned about so-called ultra-low price diamonds promoted by some platforms. The company believes that the real credibility is low, and they may also be non-diamond products.
Power Diamond (301071.SZ): The company's online sales platform for cultured diamonds is under active construction
Gelonghui, Feb. 4: Power Diamond (301071.SZ) said on the investor interactive platform that the company is actively building an online sales platform for cultured diamonds.
Power Diamond (301071.SZ): The company's octahedral diamond for IC chip processing has yet to directly cooperate with Samsung TSMC
Gelonghui, Feb. 4: Power Diamond (301071.SZ) said on the investor interactive platform that the company's octahedral diamond for IC chip processing has yet to directly cooperate with Samsung TSMC.
Analysis
Price Target
No Data
