000778 Xinxing Ductile Iron Pipes
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Xinxing Ductile Iron Pipes News
Investors Could Be Concerned With Xinxing Ductile Iron Pipes' (SZSE:000778) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a perfect world, we'd like to see a company investing more capital into its busine
Xinxing Foundry (000778.SZ) announced first-quarter results, net profit of 171 million yuan, a decrease of 49.90%
Xinxing Foundry (000778.SZ) released its report for the first quarter of 2024, achieving 91 operating income during the reporting period...
Emerging Cast Pipe (000778.SZ): This year, it is planned to implement projects such as internationalization of cast pipes and the cultivation of new industries
Gelonghui, April 22 | Xinxing Foundry (000778.SZ) said on the investor interactive platform that according to the development plan, the company plans to implement projects such as internationalization of foundry pipes and the cultivation of new industries this year. At the same time, in line with the 2024 business forecast, the 2023 profit distribution plan has been determined according to law and regulations.
Xinxing Ductile Iron Pipes' (SZSE:000778) Sluggish Earnings Might Be Just The Beginning Of Its Problems
A lackluster earnings announcement from Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) last week didn't sink the stock price. However, we believe that investors should be aware of some underlying
Guosheng Securities: Crude steel production is falling back, and the pace of chemical bonds is expected to accelerate, and undervalued steel companies have future repair opportunities
Most of the steel sector belongs to the smelting and processing industry. Although the resource attributes are lower than the upstream extractive industry, some companies are currently in an undervalued area, and there are opportunities for future restoration.
Xinxing Cast Pipe (000778.SZ): Cast pipe sales bucked the trend and increased 3.8% throughout 2023, and the capacity utilization rate was far higher than the industry average
Gelonghui, April 15 | Xinxing Foundry (000778.SZ) said on the investor interactive platform that in 2023, the steel industry will enter a downward cycle, with structural contradictions between supply and demand in the market highlighted, strong expectations and weak reality intertwined. Steel prices fluctuated and declined, and raw fuel prices continued to be high. In order to effectively respond to cyclical changes in the industry, the company adjusts its business strategy according to the times and circumstances, strengthens linkage and collaboration, optimizes resource allocation, and promotes the improvement of business quality and efficiency. Cast pipe sales bucked the trend and increased by 3.8% throughout the year, and the capacity utilization rate was far higher than the industry average; steel production and sales rate was 100%, product structure was continuously optimized; pipe casting production
Earnings Miss: Xinxing Ductile Iron Pipes Co., Ltd. Missed EPS By 21% And Analysts Are Revising Their Forecasts
As you might know, Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) last week released its latest yearly, and things did not turn out so great for shareholders. Unfortunately, Xinxing Ductile I
Xinxing Foundry Pipe (000778.SZ): Net profit for 2023 will drop 19.40% to 1,351 billion yuan, and plans to distribute 10 to 0.6 yuan
On April 10, Ge Longhui (000778.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 43.253 billion yuan, a year-on-year decrease of 9.44%; net profit attributable to shareholders of listed companies was 1,351 million yuan, a year-on-year decrease of 19.40%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 831 million yuan, a year-on-year decrease of 38.75%; basic income per share was 0.3385 yuan; it plans to distribute a cash dividend of 0.60 yuan (tax included) for every 10 shares to all shareholders.
Is Xinxing Ductile Iron Pipes (SZSE:000778) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usu
Oriental Securities: Non-ferrous steel is expected to reassess the value of central state-owned enterprises. It is recommended to focus on these targets
The Zhitong Finance App learned that Oriental Securities released a research report indicating that as of December 2023, there were 97 enterprises directly managed by the central government in China, with a total of 12 central state-owned enterprises in the mining, metallurgy, gold, and steel sectors, second only to strong monopoly industries such as energy and power. Among them, the non-ferrous steel sector is an important part of the market value assessment of central state-owned enterprises. In particular, steel and aluminum account for a relatively large share of the market value. It still has great potential in promoting the asset quality of listed companies through mergers and restructuring, resolution of related transaction issues, and increase dividend rates, etc., and is expected to have a leading effect. Recommended target: Baowu System: Baosteel Co., Ltd. (600019.SH)
Xinxing Cast Pipe (000778.SZ): The company's current products do not involve agricultural products and fresh food businesses
Gelonghui March 8 | Xinxing Foundry (000778.SZ) said on the investor interactive platform that the company's current products do not involve agricultural products or fresh food businesses.
Emerging cast pipes (000778.SZ): can produce centrifugal ductile iron pipes and castings of various specifications, various interface forms, and various internal and external coatings of DN80 to DN3000mm, with lengths of 6 meters and 8.15 meters
Gelonghui March 8 | Xinxing Casting Pipe (000778.SZ) said on the investor interactive platform that the company can produce centrifugal ductile iron pipes and castings of various specifications, various interface forms, and various internal and external coatings of DN80 to DN3000mm, with lengths of 6 meters and 8.15 meters. Ductile iron pipes have the characteristics of excellent mechanical properties, easy construction, high reliability, good corrosion resistance, long service life, short construction cycle, etc., which can greatly save engineering installation costs, excellent product performance and coating structure, and ensure project quality and water safety. Ductile iron pipes can be used in water supply, drainage, water conservancy, heating, etc.
Xinxing Foundry (000778.SZ): No securities business has been carried out, and no excessive transactions have been carried out
Gelonghui Feb. 26 | Xinxing Foundry (000778.SZ) said on the investor interactive platform that the company has not carried out securities business and has not carried out excessive transactions.
Returns On Capital Signal Tricky Times Ahead For Xinxing Ductile Iron Pipes (SZSE:000778)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a perfect world, we'd like to see a company investing more capital into its business and
Xinxing cast pipe (000778.SZ): the company's nuclear power integrated extrusion production of large-size special-shaped products is the first in China
Gelonghui, January 22丨Xinxing Foundry (000778.SZ) said on the investor interactive platform that the company's nuclear power integrated extrusion production of large-size special-shaped products is the first in China, and the company's production technology for extra-thick wall pipes has reached the level of going hand in hand with domestic first-line enterprises.
Xinxing Cast Pipe (000778.SZ): Currently, the first all-vanadium liquid flow battery has been successfully put into use in the company's office building
Gelonghui, January 22丨Xinxing Casting Pipe (000778.SZ) said on the investor interactive platform that the company is actively exploring applications in the field of energy storage technology, and that the first all-vanadium liquid flow battery has now been successfully put into use in the company's office building. If matters have a significant impact on the company's production and operation, the company will promptly fulfill its obligation to disclose information in accordance with relevant regulations.
Xinxing Cast Pipe (000778.SZ): The company currently has a cast pipe production capacity of 3 million tons
Gelonghui, January 5 | Xinxing Casting Pipe (000778.SZ) said on the investor interactive platform that the company currently has a cast pipe production capacity of 3 million tons, and can produce centrifugal ductile iron pipes and castings with various specifications, various interface forms, and various internal and external coatings of DN80 to DN3000 mm in length, and can be used in many fields such as water supply, drainage, water conservancy, and heating. The products are exported to more than 120 countries and regions around the world. The sales network covers Asia, Europe, Africa and America, and firmly controls the market sales terminals.
Xinxing Casting Pipe (000778.SZ): It is planned to complete the “High Performance Ductile Pipe DN300-1000 Intelligent Automated Production Line Upgrade Project” and permanently recoup the savings raised
Glonghui announced on December 22|Xinxing Casting Pipe (000778.SZ) announced that on December 22, 2023, the company held the 24th meeting of the 9th board of directors and the 19th meeting of the 9th board of supervisors to review and pass the “Proposal on Closing Fundraising Projects and Permanently Supplementing Liquidity with Savings”, and agreed to complete the “High Performance Ductile Casting DN300-1000 Intelligent Automation Production Line Upgrade Project” in the company's 2017 non-public equity fundraising project and raise 40.469 million yuan (including net interest income) , the actual amount is transferred as funds
Xinxing casting pipe (000778.SZ): The company's special steel pipes can be used for natural gas and oil transportation
On December 15, Gelonghui, Xinxing Foundry (000778.SZ) stated on the investor interactive platform that the company's special steel pipes can be used for natural gas and oil transportation. Special steel pipes mainly use blank embedding, welding+extrusion processes to produce high-end seamless steel pipe products and profiles such as bimetallic composite pipes and forging+extrusion production processes to produce high-end seamless steel pipe products and profiles such as high-temperature alloy steel pipes, which are used in aviation, nuclear power, high-speed rail, petrochemicals, electric power and other fields.
While Private Companies Own 40% of Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778), Individual Investors Are Its Largest Shareholders With 48% Ownership
Key Insights Significant control over Xinxing Ductile Iron Pipes by individual investors implies that the general public has more power to influence management and governance-related decisions The t
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