600392 Shenghe Resources Holding
- 9.01
- +0.08+0.90%
Shenghe Resources Holding News
Shenghe Resources to Take Over Strandline Resources' Unit, Tanzanian Projects for AU$43 Million; Shares Up 3%
Shenghe Resources Holding (SHA:600392), through unit Ganzhou Chenguang Rare Earth New Material, plans to acquire a subsidiary of Australian mining company Strandline Resources (ASX:STA) and its four h
Strandline Resources to Sell Tanzanian Mineral Sands Projects to Shenghe Resources Subsidiary
Strandline Resources (ASX:STA) agreed to sell its Tanzanian mineral sands projects, owned 84% by the miner, to a subsidiary of Shenghe Resources (SHA:600392), the miner said in a Monday filing with th
Expansion at a loss! Shenghe Resources bucked the trend and acquired a heavy sand mining project in Africa. The target revenue last year was 0 but received a high premium
① Unlike the four major domestic rare earth groups, how to guarantee the stability and long-term nature of rare earth resources has attracted market attention; ② In the face of loss in Q1 performance this year, Shenghe Resources is still increasing overseas mines to further guarantee the company's raw material supply; ③ Although the target SRUL mine resource endowments are good, this acquisition is not without risk.
Shenghe Resources (600392.SH) plans to intermittently purchase 4 heavy sand mining projects in Tanzania for 43 million Australian dollars to guarantee the supply of raw materials
Shenghe Resources (600392.SH) announced that in order to further expand heavy sand ore resource channels and guarantee the supply of raw materials, the public...
Express News | Shenghe Resources: Subsidiary to acquire 100% of Strandline Resources UK Limited
Express News | Shenghe Resources: The subsidiary plans to acquire 100% of SRUL's shares
Guojin Securities: Northern Rare Earth (600111.SH) raised its listing price for the first time in half a year to increase industry confidence
Since the price of neodymium oxide peaked and fell in early 2022, the overall listing price of rare earths in the North has declined or remained flat. It only rebounded in September-October '23; this increase is the first time since November '23, which is of great significance in boosting industry confidence.
The rare earth permanent magnet sector began to rise. Galaxy Magnets rose more than 5%, while Northern Rare Earths, Earthbear, Shenghe Resources, China Rare Earths, and Zhongke Magnetic have followed suit.
The rare earth permanent magnet sector began to rise. Galaxy Magnets rose more than 5%, while Northern Rare Earths, Earthbear, Shenghe Resources, China Rare Earths, and Zhongke Magnetic have followed suit.
Need To Know: Analysts Are Much More Bullish On Shenghe Resources Holding Co., Ltd (SHSE:600392)
Shenghe Resources Holding Co., Ltd (SHSE:600392) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The consensus statu
Shenghe Resources (600392) 2023 Annual Report & 2024 Quarterly Report Review: Production and sales continue to expand, and the layout of the rare earth industry chain continues to improve
Incident: In 2023, the company's net profit to mother was 330 million, -79% year-on-year, after deducting non-net profit of 270 million yuan, -83% year-on-year, and the company's net profit to mother in the first quarter of 2024 was 216 million, -379% year-on-year. Duke
Shenghe Resources (600392): Volume increases are difficult, prices fall, Q1 performance is under pressure
Net profit loss for 24Q1 was 216 million yuan, and the company maintaining the “buy” rating achieved revenue of 2,886 billion yuan in 24Q1 (yoy -39.92%, qoq -39.50%); net profit to mother -2.16
Shenghe Resources (600392.SH) announced first-quarter results with a net loss of 216 million yuan
Shenghe Resources (600392.SH) released its report for the first quarter of 2024, achieving 28 operating income during the reporting period...
Shenghe Resources (600392): Loss due to falling prices of rare earths in Q1, waiting for the bottom to reverse
Core view: Due to the drop in rare earth prices, Q1's net profit was 200 million yuan. According to the company's first quarterly report, the 24Q1 company achieved revenue of 2,886 billion yuan, a year-on-year decrease of 39.92% and a month-on-month decrease of 39.50%; achieved return
Shenghe Resources (600392): 23Q4 month-on-month recovery performance inflection point may have arrived
Net profit to mother in '23 was -79.12% year-on-year. Maintaining the purchase rating, the company achieved revenue of 17.877 billion yuan (yoy +6.68%) and net profit to mother of 333 million yuan (yoy -79.12%)
Shenghe Resources (600392.SH) reported 2023 annual results, net profit of 333 million yuan, a year-on-year decrease of 79.12%
According to Zhitong Finance App News, Shenghe Resources (600392.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 17.877 billion yuan, an increase of 6.68%; net profit attributable to shareholders of listed companies was 333 million yuan, a year-on-year decrease of 79.12%; net profit attributable to shareholders of listed companies deducted 270 million yuan for non-recurring profit and loss, a decrease of 82.7% year-on-year; and basic earnings per share were 0.1,898 yuan/share.
Shenghe Resources (600392): Benefiting from rising rare earth prices, Q4 net profit increased 135% month-on-month
Core view: Q4 net profit to mother increased 135% month-on-month. According to the annual report, in '23, the company achieved revenue of 17.877 billion yuan, an increase of 6.68% over the previous year; realized net profit to mother of 333 million yuan, a year-on-year decrease of 79.12%; operations
Shenghe Resources Holding Co., Ltd's (SHSE:600392) Price Is Out Of Tune With Revenues
With a median price-to-sales (or "P/S") ratio of close to 1.3x in the Metals and Mining industry in China, you could be forgiven for feeling indifferent about Shenghe Resources Holding Co., Ltd's (SH
Shenghe Resources (600392.SH): Has businesses related to the rare earth industry chain and the zirconium and titanium industry chain
Gelonghui, April 16 | Shenghe Resources (600392.SH) said on the investor interactive platform that the company has businesses related to the rare earth industry chain and the zirconium and titanium industry chain. The products include lanthanum oxides and compounds, zircon sand, etc. If demand for lanthanum and zirconium increases in solid-state batteries, it will have a certain positive impact on the company. Currently, there is sufficient supply of zirconium and lanthanum in the market, and the company is still unable to accurately assess the extent of the impact of solid-state batteries on the company's product demand. As a responsible international supplier of key raw materials, maintaining the stability of the supply chain is our mission and pursuit, and the company will continue to pay attention to the development of downstream related industries.
Shenghe Resources (600392.SH): There are currently no plans to develop and produce solid-state batteries
On April 16, Gelonghui Resources (600392.SH) said on the investor interactive platform that the company is positioned as a responsible international supplier of key raw materials. The company's main products are rare earth oxides, rare earth metals, zircon sand, and titanium concentrate. The company has established three development directions: the rare earth industry chain, the zirconium titanium monazite industry chain, and the circular economy industry chain. There are currently no plans to develop and produce solid-state batteries.
Shenghe Resources (600392.SH): Two zirconium-titanium ore beneficiation plants with an approved production capacity of 2 million tons of raw materials per year
Gelonghui, April 12: Shenghe Resources (600392.SH) said on the investor interactive platform that the company has built two zirconium and titanium ore processing plants in Lianyungang and Hainan, with an approved production capacity of 2 million tons of raw materials per year. The company's products include zircon sand. Zirconium and hafnium separation is a downstream business, and the company is not currently involved.
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