Yunnan Copper (000878): Q1 net profit to mother is in line with expectations
Core view: Affected by the low base, net profit to mother increased 638% in 24Q1, in line with expectations. According to the company's financial report, 24Q1 achieved operating income of 31.5 billion yuan, +5% year-on-year, -13% month-on-month, and 4.5 net profit to mother
Express News | The Social Security Fund appeared as the top ten tradable shareholders with a total of 633 individual shares in the fourth quarter
Express News | Eight gold stocks revealed a quarterly report that Zijin Mining's Q1 net profit exceeded 6 billion yuan
Minsheng Securities released a research report on April 28 stating that it gave Shengda Resources (000603.SZ) a recommended rating. The main reasons for the rating include: 1) the decline in silver production, which is the main reason why the company's pe
Minsheng Securities released a research report on April 28 stating that it gave Shengda Resources (000603.SZ) a recommended rating. The main reasons for the rating include: 1) the decline in silver production, which is the main reason why the company's performance fell short of expectations; 2) the unit cost rose due to the decline in production, and the cost rate decreased during the period; 3) with high-quality domestic silver resources, silver production capacity continued to grow; 4) the acquisition of the Caiyuanzi Copper and Gold Mine to create a comprehensive strategic layout for precious metals. (Mainichi Keizai Shimbun)
Minsheng Securities released a research report on April 27 stating that it gave Yunnan Copper (000878.SZ) a recommended rating. The main reasons for the rating include: 1) 2024Q1, the company's gross margin was 3.87%, down 0.77pct from the previous year,
Minsheng Securities released a research report on April 27 stating that it gave Yunnan Copper (000878.SZ) a recommended rating. The main reasons for the rating include: 1) 2024Q1, the company's gross margin was 3.87%, down 0.77pct from the previous year, down 0.19pct from the previous year; 2) Diqing Nonferrous Co., Ltd. increased its shareholding, and the amount of resources held by copper was further increased; 3) Relying on the majority shareholder, China Aluminum Group, and resource integration can be expected in the future. (Mainichi Keizai Shimbun)
Huayu Mining (601020): The performance of major mines declined due to falling zinc prices, and the performance is expected to reach a new level after the full release of Takin production
Incident: The company discloses its 2023 Annual Report & 2024 Quarterly Report. The company achieved revenue of 870 million yuan for the full year of 2023, +54.38% year-on-year, and achieved net profit of 73.89 million yuan to mother, or -49.92% year-on-year.