601677 Henan Mingtai Al.Industrial
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Henan Mingtai Al.Industrial News
Henan Mingtai Al.Industrial (601677): Leading the aluminum plate, strip and foil industry with the application of recycled aluminum and capacity expansion to release profit potential.
Industry leader in the aluminum sheet and foil industry. The company was established in 2007 and went public on the A-share market in 2017. Headquartered in Zhengzhou, Henan, it is a diversified aluminum product and recycled aluminum application leader. The company mainly engages in the business of aluminum sheet and foil, with 4 subsidiaries.
Henan Mingtai Al.Industrial (601677): Releases May operation report, aluminum plate, strip and foil production and sales reach a new monthly high.
Event: The company released its interim report for May 2024, with record high sales of aluminum sheets and foils. In terms of production, 1) in May 2024, the company produced 127,200 tons of aluminum sheets and foils, reaching a historical high and an increase of 22% YoY.
Henan Mingtai Al. Industrial May 2024 Operation Report
Henan Mingtai Al.Industrial (601677.SH): produced 127,200 tons of aluminum plates, strips, and foils in May, with sales of 129,400 tons.
Henan Mingtai Al.Industrial (601677.SH) released its operating report for May, producing 127,200 tons of aluminum plates, strips and foils, and selling 129,400 tons; producing 1,700 tons of aluminum profiles and selling 1,400 tons.
Mingtai Aluminum (601677): Downstream market recovery and steady increase in sales
The company's net profit to mother fell 16% year over year in 2023. In 2023, it achieved operating income of 26.44 billion yuan (-4.8%), net profit attributable to mother of 1.35 billion yuan (-15.7%), and net profit not attributable to mother 10.
Express News | Mingtai Aluminum: In the first 4 months, the sales volume of aluminum sheet and foil was 464,900 tons, and the sales volume of aluminum profiles was 0.57 million tons.
Mingtai Aluminum (601677): Outstanding sales volume and month-on-month profit recovery in March '24
Incident: The company recently released its 2023 annual report and 2024 quarterly report. It achieved annual revenue of 26.44 billion yuan, -4.82% year over year; net profit to mother of 1.35 billion yuan, -15.7% year over year. 24Q1
Bearish: Analysts Just Cut Their Henan Mingtai Al.Industrial Co.,Ltd. (SHSE:601677) Revenue and EPS Estimates
The analysts covering Henan Mingtai Al.Industrial Co.,Ltd. (SHSE:601677) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this ye
Commentary on the 2023 Annual Report and 2024 Quarterly Report of Mingtai Aluminum (601677): Downward processing costs drag down 2023 results 2024Q1 profit rebounds month-on-month
Event: The company released the 2023 annual report and the 2024 quarterly report on April 26, 2024. The revenue for 2023 was 26.44 billion yuan, -5% year-on-year; net profit to mother was 1.35 billion yuan, year-on-year
Mingtai Aluminum (601677): Production and sales continued to grow, gross margin declined slightly
Net profit to mother in '23 was -15.7% year-on-year. The “buy” rating company achieved revenue of 26.44 billion yuan (yoy -4.8%) in '23 and net profit of 1.35 billion yuan (yoy-15.7%).
Mingtai Aluminum (601677): Yirui's new materials project promoted with volume compensation in 2324Q1
Event: The company released its 2023 annual report and 2024 quarterly report. The company achieved revenue of 26.4 billion yuan for the full year of 2023, -4.82% year-on-year, and achieved net profit of 1.35 billion yuan to mother, -15.71% year-on-year.
Mingtai Aluminum (601677): Sales volume continued to grow steadily, 24Q1 profit per ton improved month-on-month
Incident: The company's 2023 revenue of 26.442 billion yuan decreased 4.82%; net profit to mother of 1,347 billion yuan decreased 15.71%; net profit of 1.05 billion yuan after deducting net profit of 1.05 billion yuan decreased by 16.31%. 2024Q
Mingtai Aluminum (601677): Sales volume of aluminum sheet and foil increased month-on-quarter, and the growth of value-added products increased profit margins
The company's net profit to mother was in line with expectations in '23, and net profit to mother increased more than expected in 24Q1, which was significantly recovered from month to month. In 2023, the company achieved revenue of 26.442 billion yuan, -4.82% year-on-year; net profit to mother of 1,347 billion yuan
Everbright Securities: Electrolytic aluminum is gradually being incorporated into the carbon market, and hydroelectric aluminum, recycled aluminum, and high-end anodes are expected to benefit
Electrolytic aluminum is gradually being incorporated into the national carbon market.
Henan Mingtai Al.Industrial Co.,Ltd.'s (SHSE:601677) Stock Has Fared Decently: Is the Market Following Strong Financials?
Henan Mingtai Al.IndustrialLtd's (SHSE:601677) stock up by 9.8% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this in
Express News | Mingtai Aluminum: cumulative sales volume of aluminum sheet and foil from January to March was 339,900 tons
Mingtai Aluminum (601677.SH): Server cooling systems are being investigated
Gelonghui, March 15 | Mingtai Aluminum (601677.SH) said on the investor interactive platform that the water cooling plate is a liquid cold plate. Currently, the company's water cooling plate is mainly used in the heat transmission system for new energy batteries, and the cooling system for servers is under investigation.
Henan Mingtai Al.IndustrialLtd's (SHSE:601677) 8.3% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. To wit, the Henan Mingtai Al.IndustrialLtd share p
Mingtai Aluminum Industrial Sells 106,000 Tons of Aluminum Sheets With Foil in February
Henan Mingtai Aluminum Industrial (SHA:601677) sold 106,000 tons of aluminum plate with foil in February, the company said in its Tuesday disclosure. The Chinese aluminum sheet manufacturer produced 1
Mingtai Aluminum (601677.SH) sold 106,000 tons of aluminum sheet and foil in February
Mingtai Aluminum (601677.SH) released a business report for February 2024. The company's February 2024 aluminum plate strip...
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