Guanggang Gas: Q1 gross margin is 31%. The Super-N device has supplied gas to domestic leading integrated circuit customers. | Live coverage of earnings conference.
①Guangzhou Iron & Steel Gas Deng Tao said that in 2024, thanks to the revitalized investment in electronic semiconductors, semiconductor display and chip customers are expected to gradually plan for additional production capacity investment, which is expected to drive the demand for electronic bulk gases; ②The company's Q1 overall business gross margin was 31%, a year-on-year decrease of 11 percentage points. The Super-N series nitrogen production equipment has achieved the supply of ultra-high-purity electronic bulk gases to domestic leading integrated circuit customers.
Guanggang Gas (688548): Creating a leading electronic gas giant through ultra-high purity nitrogen production processes and helium resources.
Investment Highlights: As a leading supplier of electronic bulk gases, the company's revenue has been driven by the successive supply of gas projects. Since its establishment in 1969, the company has always focused on the field of industrial gases. In 2018, it transformed from general industrial gas business to electronic bulk gas, and in 2...
Express News | Guangzhou Steel Gas: 2023 equity distribution of 10 distributions of 0.76 yuan. The equity registration date is May 24
Here's Why Guangzhou Guanggang Gases & EnergyLtd (SHSE:688548) Has A Meaningful Debt Burden
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Guangzhou Steel Gas (688548): E-gas leader has sufficient growth momentum, and subsequent operations are expected to achieve “backgammon”
Incident 1: The company released its 2023 annual report. Revenue and net profit attributable to mother during the reporting period were 1.84 billion yuan and 320 million yuan respectively, +19.2% and +35.7%, respectively. Among them, Q4 achieved revenue and net profit to mother
Express News | Guangzhou Steel Gas: Super-N 30K Pro electronic grade nitrogen generator put into mass production
Pacific released a research report on April 26 stating that it gave Guangzhou Steel Gas (688548.SH) a purchase rating. The main reasons for the rating include: 1) large-scale electronics projects are continuously being built and put into operation, and th
Pacific released a research report on April 26 stating that it gave Guangzhou Steel Gas (688548.SH) a purchase rating. The main reasons for the rating include: 1) large-scale electronics projects are continuously being built and put into operation, and the helium supply chain system is becoming more and more perfect; 2) the company continues to increase investment in R&D and develop core technology; 3) the company is determined to develop the “semiconductor+industrial base” industry and carry out a strategic layout for electronic specialization. (Mainichi Keizai Shimbun)
Express News | Zheshang Securities: The e-gas industry is expected to continue to benefit
Guangzhou Steel Gas (688548): Helium prices fall, Q1 performance is under short-term pressure, and major electronics leaders can be expected to grow
Core view The company is currently the leading domestic electronic bulk gas supplier and the largest domestic supplier of helium. With the development of integrated circuits and panels, the size of the electronic bulk gas market has grown steadily. With mature management experience and advanced technology, the companies are
Guangzhou Steel Gas (688548) review: Q1 performance is basically in line with expectations. New project orders are expected to land
Key investment points: The company released its 2024 quarterly report, and the performance was basically in line with expectations: during the reporting period, the company achieved revenue of 461 million yuan (YoY +11%, QoQ -7%) and achieved net profit of 67 million yuan (YoY)
Guohai Securities released a research report on April 21 stating that Guangzhou Steel Gas (688548.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the slowdown in revenue growth, mainly due to the sharp drop in helium pr
Guohai Securities released a research report on April 21 stating that Guangzhou Steel Gas (688548.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the slowdown in revenue growth, mainly due to the sharp drop in helium prices; 2) large-scale electronics stock projects have been commercialized one after another, leading the production capacity of new winning projects; 3) the electronic special gas project has progressed smoothly, and the one-stop service capacity has increased. (Mainichi Keizai Shimbun)
Guangzhou Steel Gas (688548): New construction projects have been commercialized one after another. Low helium prices have put pressure on profits
Event: On April 19, 2024, Guangzhou Steel Gas released its 2024 quarterly report: 2024Q1. The company achieved operating income of 461 million yuan, an increase of 11.33% over the previous year; achieved net profit of 67 million yuan to mother
Guangzhou Steel Gas (688548.SH) reported first-quarter results, net profit of 67.1537 million yuan, a year-on-year decrease of 10.18%
According to the Zhitong Finance App, Guangzhou Steel Gas (688548.SH) released its report for the first quarter of 2024, achieving revenue of 461 million yuan, an increase of 11.33% over the previous year. Net profit attributable to shareholders of listed companies was 67.1537 million yuan, a year-on-year decrease of 10.18%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 65,2891,000 yuan, a year-on-year decrease of 12.44%.
Pacific released a research report on April 8 stating that it gave Guangzhou Steel Gas (688548.SH) a purchase rating. The main reasons for the rating include: 1) large-scale electronics projects are continuously being built and put into operation, and the
Pacific released a research report on April 8 stating that it gave Guangzhou Steel Gas (688548.SH) a purchase rating. The main reasons for the rating include: 1) large-scale electronics projects are continuously being built and put into operation, and the helium supply chain system is becoming more and more perfect; 2) the company continues to increase investment in R&D to develop core technology; 3) the company firmly establishes the “semiconductor+industrial base” industry development strategy and develops a strategic layout for electronic gas. (Mainichi Keizai Shimbun)
Guangzhou Steel Gas (688548): Increased on-site gas production revenue and active layout of electronic special gas projects
Core view The company is currently the leading domestic electronic bulk gas supplier and the largest domestic supplier of helium. With the development of integrated circuits and panels, the size of the electronic bulk gas market has grown steadily. With mature management experience and advanced technology, the companies are
Guangzhou Steel Gas (688548): Strong performance growth, new projects help growth
Incident: The company released its 2023 annual report. In 2023, the company achieved revenue of 1,835 billion yuan, +19.20% year-on-year; net profit to mother was 320 million yuan, +35.73% year-on-year. Continued construction of major electronic projects
Guangzhou Guanggang Gases & EnergyLtd's (SHSE:688548) Earnings Are Weaker Than They Seem
Despite announcing strong earnings, Guangzhou Guanggang Gases & Energy Co.,Ltd.'s (SHSE:688548) stock was sluggish. Our analysis uncovered some concerning factors that we believe the market might be
Guangzhou Steel Gas (688548) 2023 Annual Report Review: Significant increase in on-site gas production revenue, leading the industry in production capacity for new projects
Event: On March 25, 2024, Guangzhou Steel Gas released its 2023 annual report: In 2023, the company achieved operating income of 1,835 billion yuan, an increase of 19.20% over the previous year; achieved net profit of 320 million yuan to mother
Guangzhou Steel Gas (688548): Expanding the value chain horizontally and deepening helium reserves vertically
The revenue growth rate in 2023 was impressive, and the revenue contribution of electronic bulk gas and helium gas was outstanding. According to the company's annual report, the company's revenue in 2023 was 1,835 billion yuan, an increase of 19.20% over the previous year; net profit to mother was 320 million yuan, the same
Guangzhou Steel Gas (688548): The growth of the electronics bulk business is optimistic about continued growth in the future
Domestic electronic bulk gas leading, early-stage order investment led to an increase in performance. On March 25, 2024, the company released its 2023 annual report. The announcement showed that in 2023, the company achieved revenue of 1,835 billion yuan
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