Yonghe Stock (605020.SH): Not yet deployed overseas fluorspar mines.
On June 7th, Geelong News reported that Yonghe Stock (605020.SH) stated on their investor platform that the company currently has three mining rights and two exploration rights and has confirmed that their fluorite resources have reserves of up to 4.8527 million tons. Currently, there is no plan to layout overseas fluorite mines.
Concerns raised as the company's asset-liability ratio far exceeds that of its peers. Yonghe Corporation has temporarily suspended certain large-scale projects. Earnings conference coverage.
① The asset-liability ratio of Yonghe Corporation is far higher than that of its peers, causing anxiety among some investors; ② The company has stated that the increase in liabilities is due to the company's significant expansion of production capacity after going public, and that it has taken various measures to cope with the debt risk; ③ The various links in the industrial chain have varying degrees of warmth, and the company's Q1 performance recovery is limited.
Yonghe Corporation (605020.SH): Perfluoropropane dimer/trimer products can be used in the field of cooling liquids.
On June 6th, Gelonhui reported that Yonghe Corporation (605020.SH) stated on its investor interaction platform that the company's hexafluoropropane dimer/trimer products can be used in the field of coolant. The company is currently actively promoting product application testing and market promotion.
Yonghe Corporation (605020.SH): No plans for new acquisition of fluorite mines at present.
On June 6th, Gelunhui reported that Yonghe Co., Ltd. (605020.SH) stated on the investor interaction platform that the company currently has no plans to acquire new Fluorite mines.
Yonghe Corporation (605020): Bullish on the company's refrigerant and fluorine-containing polymer material business due to rising refrigerant prices.
Event: On April 26, 2024, Yonghe Corporation released its 2023 annual report. The company's revenue in 2023 was 4.369 billion yuan, a year-on-year increase of 14.86%; the net income attributable to shareholders was 184 million yuan, a year-on-year decrease.
Changjiang Securities: What are the applications, patents and costs of fourth-generation refrigerants?
HFOS, mainly the R1234yf, has now partially replaced the R134a in European and American models, and its mixed quality is expected to be promoted in various fields such as household and commercial air conditioning.
Yonghe Co., Ltd. (605020): The refrigerant boom in weak fluorine-containing polymer materials is improving
The incident described that in 2023, the company achieved revenue of 4.37 billion yuan (+14.9% YoY), achieved net profit of 180 million yuan (-38.8% YoY), and realized 110 million yuan in attributable deducted non-net profit (YoY -57).
Yonghe Co., Ltd. (605020): The year-on-year increase in Q1 performance in '24 is optimistic about marginal improvements in the company's refrigerants and fluoropolymers
Core view Yonghe Co., Ltd. achieved revenue of 1,012 billion yuan in 2024, an increase of 7.84% year on year; achieved net profit of 0.37 million yuan, an increase of 27.38% year on year; achieved net profit of 0.37 million yuan after deduction
Zhejiang Yonghe Refrigerant (SHSE:605020) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it might
Yonghe Co., Ltd. (605020): Rising refrigerant prices are optimistic about the growth of the company's fluoropolymers
Event: On April 26, 2024, Yonghe Co., Ltd. released its 2023 annual report and first quarter report: achieved operating income of 4.369 billion yuan in 2023, an increase of 14.86% over the previous year; realized net profit to mother 1.
Yonghe Co., Ltd. (605020) 2023 Report and 2024 Quarterly Report Review: Fluorine-containing materials profits are under pressure, optimistic that the company will benefit from the refrigerant sector B
Incident: The company released its 2023 annual report and quarterly report for 2014. In 2023, it achieved revenue of 4.369 billion yuan, +14.86% year-on-year, and realized net profit of 184 million yuan, or -38.81% year-on-year. of which Q4
Yonghe Co., Ltd. (605020): Profits are under pressure in the short term, optimistic that the HFCS boom will drive performance improvement
The incident company released its annual report for 2023 and the first quarter report for 2024. In 2023, the company achieved total revenue of 4.369 billion yuan, an increase of 14.86% over the previous year; net profit to mother was 184 million yuan.
China Galaxy released a research report on April 25 stating that Yonghe Co., Ltd. (605020.SH) was given a recommended rating. The main reasons for the rating include: 1) profit pressure on the main business, and the 2023 performance fell short of expectat
China Galaxy released a research report on April 25 stating that Yonghe Co., Ltd. (605020.SH) was given a recommended rating. The main reasons for the rating include: 1) profit pressure on the main business, and the 2023 performance fell short of expectations; 2) the HFCs boom was booming, and the company's 24Q1 performance improved; 3) the integrated layout of the industrial chain was improved, and product production capacity and business scale continued to expand. (Mainichi Keizai Shimbun)
Guoxin Securities: The supply and demand pattern is improving, and there is strong certainty that third-generation refrigerants will continue to recover
Starting in February 2024, all parts of the country have taken many measures to promote “trade-in” of automobiles and home appliances to stimulate consumption vitality. Air conditioning schedule data showed beautiful performance, automobile sales data, and refrigerants continued the upward trend.
Yonghe Co., Ltd. (605020): Export sales of fluorinated polymer materials surged year-on-month, but the decline in prices and profits was reflected in a lag in refrigerant price increases
Investment highlights: The company released its 2023 annual report, and the performance was slightly lower than expected. The company achieved operating income of 4.369 billion yuan (yoy +14.9%) in 2023, and realized net profit of 184 million yuan (yoy-
Yonghe Co., Ltd. (605020.SH) announced 2023 annual results, net profit of 184 million yuan, down 38.81% year on year
Yonghe Co., Ltd. (605020.SH) disclosed its 2023 annual report. The company achieved 43 operating income during the reporting period...
Minsheng Securities: As fluoropolymer projects continue to be implemented, the performance of leading fluorine chemical companies is expected to continue to increase
After the HFCs quota is implemented, competition in the fluorine chemical industry chain may shift to competition for polymer fluoropolymers and other fluorine fine chemicals, and I am optimistic about the project implementation opportunities brought by leading fluorine chemical companies based on outstanding R&D capabilities.
Guosheng Securities: Third-generation refrigerants are expected to surpass the historical two-generation market
In the current boom, in a context where the three generations have begun to implement quotas, the fourth generation of patents have not yet fully expired, and the third generation accounts for a very low share of downstream costs (about 1%-2%), the third generation refrigerants are expected to show a super boom that surpasses the historical two rounds and two.
Zhejiang Yonghe Refrigerant Co., Ltd.'s (SHSE:605020) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
With its stock down 24% over the past month, it is easy to disregard Zhejiang Yonghe Refrigerant (SHSE:605020). However, stock prices are usually driven by a company's financial performance over the
Express News | Pacific Securities: Refrigerants are expected to continue to rise in price
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