002075 Jiangsu Shagang
- 4.27
- +0.03+0.71%
Jiangsu Shagang News
Jiangsu Shagang Co., Ltd.'s (SZSE:002075) Stock Is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Most readers would already be aware that Jiangsu Shagang's (SZSE:002075) stock increased significantly by 29% over the past three months. However, we wonder if the company's inconsistent financials
Jiangsu Shagang's (SZSE:002075) Earnings Trajectory Could Turn Positive as the Stock Advances 4.9% This Past Week
It is doubtless a positive to see that the Jiangsu Shagang Co., Ltd. (SZSE:002075) share price has gained some 37% in the last three months. But that doesn't change the fact that the returns over t
Shagang Co., Ltd. (002075.SZ): Net profit of 42.4659 million yuan in the first quarter decreased 17.53% year-on-year
Gelonghui, April 25 | Shagang Co., Ltd. (002075.SZ) released its first quarter report. Operating revenue was 3.7 billion yuan, down 4.59% year on year, net profit of 42.4659 million yuan, down 17.53% year on year. After deducting non-net profit of 8.17 million yuan, an increase of 880.28% year on year, with basic earnings of 0.0194 yuan per share.
Be Wary Of Jiangsu Shagang (SZSE:002075) And Its Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Amongst other things, we'll want to see two things; firstly, a growing return on
Shagang Co., Ltd. (002075.SZ): Termination of joint investment matters with professional institutions
Gelonghui, April 8, 丨 Shagang Co., Ltd. (002075.SZ) announced that on April 8, 2024, the company held the 10th meeting of the 8th board of directors and the 7th meeting of the 8th board of supervisors to review and pass the “Proposal on Termination of Joint Investments and Related Transactions with Professional Institutions”, agreeing to terminate the company's joint investment with professional institutions. Company director Mr. Qian Zheng is a director of Jinsha Capital and is an associated director and avoided voting. The company's termination of this joint investment with a professional institution is within the authority of the board of directors and does not require submission to the shareholders' meeting for consideration. The company and the relevant counterparty made a decision on this joint investment
Jiangsu Shagang (SZSE:002075) Has A Pretty Healthy Balance Sheet
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.' When we think about how risky a company is, we always like
Shagang Co., Ltd. (002075.SZ): Proposed acquisition of 67% of Shandong Yinglun's shares
Gelonghui, March 15 | Shagang Co., Ltd. (002075.SZ) announced that the company plans to acquire 67% of the shares of Northeast Special Steel Group Shandong Yinglun Machinery Co., Ltd. (“Shandong Yinglun” or the “target company”) held by Northeast Special Steel Group Co., Ltd. (“Dongte Shares”) through an agreed transfer, with a transaction consideration of 354 million yuan.
Jiangsu Shagang Co., Ltd.'s (SZSE:002075) Shares Climb 26% But Its Business Is Yet to Catch Up
Those holding Jiangsu Shagang Co., Ltd. (SZSE:002075) shares would be relieved that the share price has rebounded 26% in the last thirty days, but it needs to keep going to repair the recent damage it
Shagang Co., Ltd. (002075.SZ): There are currently no asset injection plans for the computing power industry
Gelonghui March 6 | Shagang Co., Ltd. (002075.SZ) said on the investor interactive platform that the company currently has no plans to inject assets into the computing power industry.
Retail Investors Among Jiangsu Shagang Co., Ltd.'s (SZSE:002075) Largest Stockholders and Were Hit After Last Week's 17% Price Drop
Key Insights Jiangsu Shagang's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public The top 21 shareholders own 43% of the com
Shagang Co., Ltd. (002075.SZ): 2023 net profit pre-reduced by 51.45% — 58.51%
Gelonghui, January 26, 丨 Shagang Co., Ltd. (002075.SZ) announced its 2023 annual performance forecast. Net profit attributable to shareholders of listed companies during the reporting period was 188 million yuan to 220 million yuan, down 51.45% — 58.51% from the same period last year; net profit after deducting non-recurring profit and loss was 2.58 million yuan - 35.58 million yuan, down 89.05% to 99.18%; basic earnings per share was 0.0857 yuan/share — 0.1003 yuan/share. In 2023, downstream market demand in the steel industry was sluggish, and steel prices fluctuated at a low level
Fosun Units Complete Sale of 60% Stake in Nanjing Iron & Steel United
Certain subsidiaries of Fosun International (HKG:0656) have completed the sale of their combined 60% stake in Nanjing Nangang Iron & Steel United to Nanjing Iron & Steel Group for 13.58 billion yuan.
We Think Jiangsu Shagang (SZSE:002075) Can Stay On Top Of Its Debt
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
[BT Financial Report Instantaneous Analysis] Shagang Co., Ltd.'s 2023 three-quarter report: total assets increased by 15.9%, net cash flow from operating activities increased by 17.34%
This financial report was announced on 2023-10-27 19:18:21 Shagang Co., Ltd. (stock code: 002075) is a company mainly engaged in the production and sale of premium steel for ferrous metal smelting and rolling processing. The company has advanced process equipment and a complete production line, with an annual production capacity of 3.2 million tons of excellent special steel. The company's products are widely used in automobiles, rail transit, oil and gas extraction, construction machinery, wind power generation, marine engineering, machinery manufacturing and other industries. In terms of assets and liabilities, the total assets of Shagang Steel Co., Ltd. in the third quarter of 2023 were 19.54 billion yuan, compared with the previous year
Jiangsu Shagang Co., Ltd.'s (SZSE:002075) Last Week's 6.1% Decline Must Have Disappointed Individual Investors Who Have a Significant Stake
Key Insights Significant control over Jiangsu Shagang by individual investors implies that the general public has more power to influence management and governance-related decisions The top 25 share
Fosun International's Subsidiaries Enters Settlement Over Nanjing Iron & Steel Stake Dispute
Chinese multinational conglomerate Fosun International's (HKG:0656) subsidiaries entered into a settlement with Jiangsu Shagang (SHE:002075) regarding disputes over the disposal of the 60% stake in Na
Jiangsu Shagang (SZSE:002075) May Have Issues Allocating Its Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increa
Jiangsu Shagang (SZSE:002075) Stock Falls 4.1% in Past Week as Three-year Earnings and Shareholder Returns Continue Downward Trend
The truth is that if you invest for long enough, you're going to end up with some losing stocks. Long term Jiangsu Shagang Co., Ltd. (SZSE:002075) shareholders know that all too well, since the share
Shagang Steel Co., Ltd. (002075.SZ): No purchases of Chinese-plant wealth management products
GLONGHUY, August 14丨Some investors asked Shagang Co., Ltd. (002075.SZ), “Has Shagang Co., Ltd. purchased Chinagrang-based wealth management products with its financial capital of more than 5 billion dollars? Are there any situations where the company's wealth management products can't be paid?” Shagang Co., Ltd. replied that the company has yet to purchase Chinese-owned wealth management products.
Jiangsu Shagang Chairman Resigns
He Chunsheng has stepped down as chairman of Jiangsu Shagang (SHE:002075), effective immediately, due to work adjustments. He resigned alongside Jia Yan, who also stepped down as a director, the Chine
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