BK0916 Non-metallic Materials II
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Novoray (SHSE:688300) Strong Profits May Be Masking Some Underlying Issues
Following the solid earnings report from Novoray Corporation (SHSE:688300), the market responded by bidding up the stock price. Despite this, our analysis suggests that there are some factors weakeni
Is Novoray Corporation's (SHSE:688300) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Most readers would already be aware that Novoray's (SHSE:688300) stock increased significantly by 34% over the past three months. Since the market usually pay for a company's long-term fundamentals,
Suotong Development (603612): The dawn of first-quarter results showed the first price increase in 17 months to reinforce a reversal signal
Incident: Company Announces 2023 Annual Report and 2024 Quarterly Report: 1) Achieved revenue of 15.311 billion yuan in 2023, a decrease of 21.08%; net profit to mother - 723 million yuan, a decrease of 179.85%; deducted
Suotong Development (603612): Falling prices of pre-baked anodes and anodes dragged down performance 2024Q1 gross margin correction
Event: The company released its 2023 annual report and 2024 quarterly report on April 29, 2024. Revenue in 2023 was 15.31 billion yuan, -21% year-on-year; net profit to mother -720 million yuan, YoY-
Estimating The Intrinsic Value Of Jiangsu Pacific Quartz Co., Ltd (SHSE:603688)
Key Insights Jiangsu Pacific Quartz's estimated fair value is CN¥80.34 based on Dividend Discount Model Current share price of CN¥86.98 suggests Jiangsu Pacific Quartz is potentially trading close t
The photovoltaic sector weakened markedly. Quartz shares fell to a halt, Dongfang Risheng fell more than 8%, and Tongwei shares, Longji Green Energy, and Jingao Technology fell more than 3%.
The photovoltaic sector weakened markedly. Quartz shares fell to a halt, Dongfang Risheng fell more than 8%, and Tongwei shares, Longji Green Energy, and Jingao Technology fell more than 3%.
The A-share photovoltaic sector fell in early trading, and Dongxu Blue Sky fell to a halt
Gelonghui, April 30 | Quartz Co., Ltd., Dongxu Blue Sky fell to a halt, Dongfang Day rose and fell more than 8%, and Longji Green Energy, Jingao Technology, Daquan Energy, and Tongwei Co., Ltd. followed suit.
Suotong Development (603612.SH) announced first-quarter results with a net loss of 42.466 million yuan
According to Zhitong Finance App News, Suotong Development (603612.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 3.106 billion yuan, a year-on-year decrease of 26.44%; net loss attributable to shareholders of listed companies of 42.466 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 63.06 million yuan; and a basic loss of 0.08 yuan per share.
Changjiang Materials (001296.SZ): Plans to invest 300 million yuan to build a new project with an annual output of 3 million tons of scrubbing sand
Gelonghui, April 29丨Changjiang Materials (001296.SZ) announced that in order to further enhance the company's raw sand resource security and enhance overall competitiveness, the company's wholly-owned subsidiary, Zhangwu Yangtze River Mining Processing Co., Ltd. (hereinafter referred to as “Zhangwu Mining”), plans to invest in a new project with an annual output of 3 million tons of scrubbing sand. The total investment of the project is estimated at RMB 300,000. The investment in the construction of the above projects is based on the company's future development needs. After the project is completed and put into operation, it will further enhance the company's ability to guarantee and supply raw sand resources, provide a stable guarantee for the company's raw sand supply, and have a positive impact on improving the company's core competitiveness, in line with
Power Diamond (301071): Cultivating diamond price declines affect 23-year performance, production capacity release helps 24-year performance growth
Core view The company's performance in 2023 is under pressure, mainly affected by the decline in the price of cultivated drills and diamond single crystals. Cultivated Diamond's revenue in 2023 is -41.5%. 24Q1 Company revenue, net profit to mother +45.0%, +42
Quartz Co., Ltd. (603688.SH): Net profit of 158 million yuan in the first quarter decreased by 80.70% year-on-year
On April 29, Ge Longhui Co., Ltd. (603688.SH) released its report for the first quarter of 2024, achieving operating income of 394 million yuan, a year-on-year decrease of 67.82%; net profit attributable to shareholders of listed companies of 158 million yuan, a year-on-year decrease of 80.70%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 164 million yuan, a year-on-year decrease of 79.74%; and basic earnings per share of 0.44 yuan.
Changjiang Materials (001296.SZ): Net profit of 28.1157 million yuan in the first quarter increased 51.30% year-on-year
Gelonghui, April 29丨Changjiang Materials (001296.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 193 million yuan, up 8.83% year on year; net profit attributable to shareholders of listed companies was 28.1157 million yuan, up 51.30% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 268.388 million yuan, up 64.48% year on year; basic earnings per share were 0.2631 yuan.
Express News | Changjiang Materials: Plans to invest 300 million yuan to build a new project with an annual output of 3 million tons of scrubbing sand
The steel sector fluctuated and declined. Ningxin New Materials fell more than 7%, while New Steel Co., Ltd., Zhongnan Co., Ltd., Hanggang Steel, CITIC Special Steel, Jinling Mining, and Baosteel shares followed suit.
The steel sector fluctuated and declined. Ningxin New Materials fell more than 7%, while New Steel Co., Ltd., Zhongnan Co., Ltd., Hanggang Steel, CITIC Special Steel, Jinling Mining, and Baosteel shares followed suit.
Lianrui New Materials (688300): Performance is in line with expectations, the high-end bulb layout continues to improve
The company released its 2024 quarterly report, achieving revenue of 202 million yuan, +39.46%, and +0.72% month-on-month; net profit to mother of 52 million yuan, +79.94% year-on-year, +5.12% month-on-month; deducted from non-return
Southwest Securities released a research report on April 28 stating that it gave Changjiang Materials (001296.SZ) a purchase rating, and the target price was 28.31 yuan. The main reasons for the rating include: 1) the downstream recovery in 2023, which is
Southwest Securities released a research report on April 28 stating that it gave Changjiang Materials (001296.SZ) a purchase rating, and the target price was 28.31 yuan. The main reasons for the rating include: 1) the downstream recovery in 2023, which is expected to improve steadily in the future; 2) Wholly-owned subsidiaries obtained mining rights to further consolidate raw material guarantee capabilities. (Mainichi Keizai Shimbun)
Lianrui New Materials (688300): First-quarter results increased sharply year-on-year, and continued to be optimistic about the release of high-end products
Incident: The company released its 2024 quarterly report. During the reporting period, it achieved operating income of 202 million yuan, a year-on-year increase of 39.46%, and net profit to mother of 52 million yuan, an increase of 79.94% year-on-year and 6.12% month-on-month.
Lianrui New Materials (688300): Continued increase in profitability, right time to optimize production capacity
Report guide: The company's performance for the first quarter of 2024 is in line with expectations, and the company will benefit from the recovery in semiconductor demand and the optimization of its own production capacity structure. At the same time, demand for computing power may drive rapid growth in demand for the company's related high-end packaging products. Investments are needed
Express News | Kuncai Technology: Plans to establish a joint venture to improve clean energy facilities in the industrial park where the company is located
Kuncai Material Technology's Profit Climbs 51% in Q1 2024
Fujian Kuncai Material Technology (SHA:603826) booked a net profit attributable to shareholders of 20.3 million yuan for the first quarter of the year, climbing 51% from 13.5 million yuan a year earli