600141 Hubei Xingfa Chemicals Group

Open Source Securities: Winter Storage and Spring Farming Boosts Phosphate Fertilizer Boom+Iron Phosphate (Lithium) Drives Increased Demand for Phosphate Ore, May Welcome Value Revaluation

The Zhitong Finance App learned that Open Source Securities released a research report saying that winter storage and spring farming boosted the phosphate fertilizer boom and iron phosphate (lithium) led to increased demand, and phosphate ore is expected to usher in a revaluation of value. It is expected that enterprises will fully benefit from supporting high-quality phosphate resources and receiving phosphate fertilizer export quotas. Beneficial targets: Yuntianhua (600696.SH) (14.5 million tons/year of phosphate ore, accounting for about 20% of the country's ammonium phosphate exports in 2021), Xingfa Group (600141.SH) (Expected to reach 6.15 million tons/year of phosphate ore by the end of 2022, 1 million tons/year of ammonium phosphate and supporting 680,000 tons of wet phosphoric acid plus purification

15:10

Xingfa Group (600141.SH): Deputy General Manager Zhao Yong trades convertible bonds in the short term

According to the Zhitong Finance App, Xingfa Group (600141.SH) announced that the company received the “Explanation and Apology Statement on My Trading of the Company's Convertible Bonds Constituting a Short-Term Transaction” issued by Zhao Yong, the company's deputy general manager, on February 3, 2023. Zhao Yong bought and sold 2,270 of the company's convertible corporate bonds “Xinfa Convertible Bonds” (“Convertible Bonds”) on October 28 and 31, 2022, respectively. The above transactions constituted short-term transactions.

02-03 15:56

We Think Hubei Xingfa Chemicals Group (SHSE:600141) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' It's only natural to consider a company's balance sheet wh

02-01 06:40

Dongguan Securities: New iron phosphate production capacity is expected to accelerate the release of upstream phosphate demand, which may increase significantly

The Zhitong Finance App learned that Dongguan Securities released a research report saying that China currently has a basic reserve of 3.24 billion tons of phosphate ore, ranking second in the world, but the overall grade is not high and there are few rich ores. Over 90% of them are medium to low grades. As new iron phosphate production capacity is expected to be released at an accelerated pace, demand for upstream phosphate ore will increase markedly. In the context of tight supply and demand for phosphate ore, industrial chain profits will shift upstream. It is recommended to focus on phosphate chemical companies with high phosphate ore self-sufficiency, a high degree of integration, and technological and cost advantages, such as Xingfa Group (600141.SH), Yuntianhua (600096.SH), and Chuanheng Co., Ltd.

01-31 11:02

Xingfa Group (600141) Company Review Report: Phosphating Chemical Boom and New Materials Business Drive Rapid Performance Growth

Investment highlights: The company announced an advance performance increase announcement for 2022. It is expected that net profit attributable to shareholders of listed companies will be 5.8 billion yuan to 6 billion yuan in 2022, an increase of 36.58%-41.29% over the previous year. After deducting non-recurring profit and loss, net profit attributable to shareholders of listed companies is expected to be 6.038 billion yuan to 6.238 billion yuan in 2022, an increase of 34.58%-39.04% over the previous year. Increased prosperity in the phosphorus chemical industry chain and the new materials business are driving performance growth. The company relied on rich phosphate ore resources to build an integrated mineral electricity and phosphorus

01-19 00:00 · Researches

Xingfa Group (600141): The rapid release performance of growth products is in line with expectations

Profits grew steadily in 2022, and performance was in line with expectations. The company issued a forecast performance increase announcement for 2022. It is expected to achieve net profit of 5.80-6.0.0 billion yuan in 2022, an increase of 36.6%-41.3% over the previous year, and is expected to achieve net profit of 60.4-6.24 billion yuan, an increase of 34.6%-39.0% over the previous year; of these, the fourth quarter alone is expected to achieve net profit of 89—1.09 billion yuan, a decrease of 37.7%-49.1% over the previous year and a decrease of 13.6%-29.4% from the previous quarter.

01-16 16:11 · Researches

Xingfa Group (600141): Q4 performance is in line with expectations, the new materials section opens a second growth curve

　　Incident: The company released its 2022 performance forecast. It is expected to achieve net profit of 5.8 billion to 6 billion yuan, YOY +36.58% to 41.29%, deducting non-net profit of 6.04 billion to 6.24 billion yuan, YOY +34.58% to 39.04%. The performance is in line with expectations. Among them, Q4 achieved net profit of 890 million yuan to 1.09 billion yuan in a single quarter, YOY -47.704% to -35.92%, and QOQ -29.54% to -13.68%. Conclusions and suggestions: Benefiting from the boom in the phosphorus chemical industry chain in 2022

01-16 00:00 · Researches

Xingfa Group (600141): The annual results were basically in line with expectations, and the efficiency of the growth sector increased significantly

　　Incident: The company released its performance forecast for 2022. It is expected to achieve net profit of 5.8 billion to 6 billion yuan for the full year, an increase of 36.58%-41.29% over the previous year, after deducting non-net profit of 6.40 billion to 6.24 billion yuan, an increase of 34.58%-39.04% over the previous year. Among them, the fourth quarter achieved net profit of 890 million to 1.09 billion yuan, a decrease of 29.4% to 13.5% over the previous quarter. Prices of core products have generally risen throughout the year, and the benefits of the growth sector have increased markedly. During the reporting period, due to cyclical fluctuations in the agrochemical industry, the company glyphosate, phosphate ore,

01-15 00:00 · Researches

Xingfa Group (600141.SH): Net profit is expected to increase by 36.58%-41.29% in 2022

Gelonghui, January 13, 丨 Xingfa Group (600141.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies of 5.8 billion yuan to 6 billion yuan in 2022, an increase of 36.58%-41.29% over the previous year. After deducting non-recurring profit and loss, the company expects net profit attributable to shareholders of listed companies to be 6,0384.5 billion yuan to 6,2384.5 billion yuan in 2022, an increase of 34.58%-39.04% over the previous year. Net profit attributable to shareholders of listed companies increased significantly during the reporting period compared to the same period last year. It was mainly affected by a combination of the following factors: First, during the reporting period

01-13 16:05

Private Companies Own 35% of Hubei Xingfa Chemicals Group Co., Ltd. (SHSE:600141) Shares but Individual Investors Control 48% of the Company

A look at the shareholders of Hubei Xingfa Chemicals Group Co., Ltd. (SHSE:600141) can tell us which group is most powerful. With 48% stake, individual investors possess the maximum shares in the com

01-10 08:20