Cautious Investors Not Rewarding Tongling Nonferrous Metals Group Co.,Ltd.'s (SZSE:000630) Performance Completely
Tongling Nonferrous Metals Group Co.,Ltd.'s (SZSE:000630) price-to-earnings (or "P/E") ratio of 19.9x might make it look like a buy right now compared to the market in China, where around half of the
Everbright Securities: The copper gap may expand further, and the overall center of copper prices will gradually move upward in 24-25
Everbright Securities released a research report saying that the copper industry is facing weak long-term capital expenditure growth and declining copper ore grades, and future supply increases will be limited; demand for new energy sources on the demand side will provide an increase, and traditional demand will grow slightly steadily.
Tongling Nonferrous Metals (000630.SZ): It is a comprehensive copper production company integrating copper ore mining, smelting and copper processing
Gelonghui, April 22丨Tongling Nonferrous Metals (000630.SZ) said on the investor interactive platform that the company is a comprehensive copper production company integrating copper ore mining, smelting and copper processing. The upstream mining end produces mineral products represented by copper concentrates containing copper, the midstream smelting end produces major products such as cathode copper, gold, silver, sulfuric acid, etc., and the downstream copper processing end produces various copper processing materials such as copper foil, copper plate, and copper rods. The company's products are widely used in many fields such as power electronics, real estate, transportation, consumer and industrial equipment.
Everbright Securities: The gap between copper supply and demand will gradually expand in 24-25, and continue to be optimistic about investment opportunities for copper industry companies
The Zhitong Finance App learned that Everbright Securities released a research report stating that domestic demand for home appliances was raised by 286,000 tons in 2024, and assuming a 4% growth rate of domestic air conditioning production in 2025 (the original forecast was 0%), the global refined copper supply-demand balance sheet was adjusted from 2/-140,000 tons in 2024/2025 to -39/- 640,000 tons. The gaps increased by 410,000 tons and 500,000 tons, respectively (and updated the 2023 annual report and 2024 production guidelines for some mines). The gaps account for about 1.4% and 2.2% of global demand. It is expected that the gap between copper supply and demand will gradually widen in 2024-2025,12
Tongling Nonferrous Metals (000630.SZ): Main business includes copper mining, smelting, copper processing, etc.
Gelonghui, April 17 | Tongling Nonferrous Metals (000630.SZ) said on the investor interactive platform that the company's main business includes copper mining, smelting, copper processing, etc., and has competitive advantages in mineral resource reserves, copper smelting, processing, etc. It is currently one of the comprehensive copper manufacturers with the most complete domestic industrial chain, and is in a leading position in the industry in terms of industrial chain integration.
Tongling Nonferrous Metals (000630.SZ): Produced about 18.84 tons of gold in 2022, including self-produced copper concentrates containing gold and purchased copper concentrates containing gold from outsourced copper concentrates (excluding Mirador copper
Gelonghui, April 15 | Tongling Nonferrous Metals (000630.SZ) said on the investor interactive platform that according to the company's “2022 Annual Report”, in 2022, including gold from self-produced copper concentrates and gold contained in purchased copper concentrates, it produced about 18.84 tons of gold (excluding Mirador copper ore), and produced 512.5 tons of silver (excluding Mirador copper ore). In 2023, the company completed the acquisition of 70% of the shares of China Railway Jiantongguan Investment Co., Ltd. and raised supporting capital. The core asset of China Railway Jiantongguan Investment Co., Ltd. is the Mirador copper mine in southeastern Ecuador (of which, in 2022
Tongling Nonferrous Metals (000630.SZ): Currently, the price of the company's sulfuric acid products has risen slightly month-on-month
Gelonghui, April 9 | Tongling Nonferrous Metals (000630.SZ) said on the investor interactive platform that currently the price of the company's sulfuric acid products has risen slightly month-on-month. The rise in the price of sulfuric acid products will help improve the company's performance.
Debon Securities: The 2024Q1 copper price shock will rise, and financial and industrial attributes may resonate
Copper prices rose sharply due to the Federal Reserve's attitude of cutting interest rates in March, continued decline in LME inventories, and tight supply of raw materials to domestic refineries due to lower TC prices.
Do Its Financials Have Any Role To Play In Driving Tongling Nonferrous Metals Group Co.,Ltd.'s (SZSE:000630) Stock Up Recently?
Most readers would already be aware that Tongling Nonferrous Metals GroupLtd's (SZSE:000630) stock increased significantly by 19% over the past three months. Given that stock prices are usually alig
Minsheng Securities: The mining side is tight to the point where copper production is falling, transmission is about to be completed, and copper prices are entering the main upward wave
The Zhitong Finance App learned that Minsheng Securities released a research report saying that considering the imminent reversal of the bottom of smelting and processing costs, the pattern of tight supply on the copper mine side will be transmitted to the smelter side. Demand will continue to grow under supply constraints. The upward trend in copper prices is clear, and companies related to the copper industry are recommended. Focus on recommending incremental mine-side copper labels: Luoyang Molybdenum (603993.SH), Zijin Mining (601899.SH), Jin Chengxin (603979.SH), Western Mining (), China Nonferrous Mining (01258), and Minmetals Resources (01208). 601168.SH Smelter companies may also benefit
Tongling Nonferrous Metals (000630.SZ): The cathode copper produced is high-purity cathode copper, and the purity (copper content) is above national standards
Gelonghui March 18 | Tongling Nonferrous Metals (000630.SZ) said on the investor interactive platform that the company's copper raw materials are divided into self-produced copper concentrate and outsourced copper concentrate, and the copper content of copper concentrate fluctuates according to the grade of the raw materials. The cathode copper produced by the company is high-purity cathode copper, and the purity (copper content) is above national standards.
Everbright Securities: Copper will shift from oversupply to shortage, and short-term optimism about the rise in copper prices brought about by going to the treasury to replenish stocks
The Zhitong Finance App learned that Everbright Securities released a research report saying that due to limited supply growth and demand for new energy sources, copper will shift from oversupply to shortage in 2023-2025. According to the bank's forecast, the global refined copper supply and demand gap (supply-demand) in 2023-25 is 5/2/-140,000 tons, and the supply and demand gap accounts for 0.2%/0.1%/-0.5% of demand. In the short term, we are optimistic about the rise in copper prices brought about by the transfer of stocks to be replenished within the next 6 months, and in the long term, we are optimistic about the rise in copper prices due to oversupply turning into shortages. Considering the absolute value of production growth, growth rate, and flexible performance ranking, Zijin Mining is recommended
Huafu Securities: Copper production fell short of expectations in '23, and the mine shortage in '24 is difficult to solve
The Zhitong Finance App learned that Huafu Securities released a research report saying that the output of most of the world's core copper mining companies in 2023 fell short of the early year's guidelines. The bank counted the output implementation status of 12 domestic and foreign mining companies. The total production guidelines given in early 2023 were 114.80,000 tons to 12.178,000 tons. The final actual output was 11.348 million tons, which is below the lower limit of the guideline. In the short term, the accumulation of electrolytic copper in the off-season fell short of expectations, and low inventories supported copper prices; in the medium term, there is strong certainty that the Fed will cut interest rates; in the medium term, the continued decline in the US dollar will benefit copper prices. Fundamentals. Quantum, Anglo-American resources, and Tektronix resources combined have been lowered for 24 years
Tongling Nonferrous Metals GroupLtd (SZSE:000630) Shareholders Have Earned a 10% CAGR Over the Last Five Years
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And while active stock picking involves risks (and requires diver
Tongling Nonferrous Metals (000630.SZ): CRI obtained relevant repurchase rights in the arbitration results of the net interest repurchase matter of China Railway Jiantongguan Subsidiary
Tongling Nonferrous Metals (000630.SZ) issued an announcement. Earlier, the company issued an announcement to Tongling Nonferrous Metals Group Holdings Co., Ltd. (...
Private Companies Invested in Tongling Nonferrous Metals Group Co.,Ltd. (SZSE:000630) Copped the Brunt of Last Week's CN¥2.2b Market Cap Decline
Key Insights The considerable ownership by private companies in Tongling Nonferrous Metals GroupLtd indicates that they collectively have a greater say in management and business strategy A total of
Tongling Nonferrous Metals (000630.SZ): The company will produce 1,628,700 tons of cathode copper in 2022 and 51,600 tons of copper-containing copper from its own copper concentrate
Gelonghui, January 9 | Tongling Nonferrous Metals (000630.SZ) said on the investor interactive platform that in 2022, the company will produce 1.628,700 tons of cathode copper and 51,600 tons of copper-containing copper from its own copper concentrate. In 2023, the company completed the acquisition of 70% of the shares of China Railway Jiantongguan Investment Co., Ltd. and raised supporting capital. The main copper mine currently mined and operated by China Railway Jiantongguan Investment Co., Ltd. is the Mirador copper mine. According to the disclosed transaction report, it produced about 121,200 tons of copper in copper concentrate in 2022.
Tongling Nonferrous Metals (000630.SZ): The company's main domestic mines are Dongguashan Copper Mine, Shaxi Copper Mine, Anqing Copper Mine, etc.
Gelonghui, January 9 | Tongling Nonferrous Metals (000630.SZ) said on the investor interactive platform that currently, the company's main domestic mines are Dongguashan Copper Mine, Shaxi Copper Mine, Anqing Copper Mine, etc. According to the company's “2022 Annual Report”, the company's domestic mines will produce 51,600 tons of copper in their own copper concentrate in 2022. The company's foreign mine is the Mirador copper mine in Ecuador. According to the disclosed transaction report, it produced about 121,200 tons of copper concentrate containing copper in 2022.
Tongling Nonferrous Metals (000630.SZ): A special research team has been set up to research and develop composite copper foil
Gelonghui, January 9 | Tongling Nonferrous Metals (000630.SZ) said on the interactive platform that the company has set up a special research team to research and develop composite copper foil. Please refer to the company's information disclosure for details.
Tongling Nonferrous Metals Group Co.,Ltd.'s (SZSE:000630) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
It is hard to get excited after looking at Tongling Nonferrous Metals GroupLtd's (SZSE:000630) recent performance, when its stock has declined 11% over the past three months. However, stock prices a
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