Fewer Investors Than Expected Jumping On Guangdong Haomei New Materials Co.,Ltd (SZSE:002988)
Guangdong Haomei New Materials Co.,Ltd's (SZSE:002988) price-to-sales (or "P/S") ratio of 0.6x may look like a pretty appealing investment opportunity when you consider close to half the companies in
Guangdong Haomei New Material Co., Ltd. (002988.SZ): Some industrial aluminum profiles can be used for the frames of photovoltaic modules and brackets and accessories for installation components.
On June 5th, Glorun reported that a investor questioned Guangdong Haomei New Material Co., Ltd. (002988.SZ) on an investor interaction platform, asking "What kind of products does the company have in the photovoltaic field and how much production capacity?". The company replied that their main products include building aluminum profiles, industrial aluminum profiles, automotive lightweight materials, and system door and window products. In the field of photovoltaic applications, some of the company's industrial aluminum profile products can be used for photovoltaic component frames and mounting component brackets, accessories, etc.
Guangdong Haomei New Material Co., Ltd. (002988.SZ): has not yet cooperated with relevant companies in the field of flying autos.
Guangdong Haomei New Material Co., Ltd. (002988.SZ) stated on the investor interaction platform on June 5th that the company has not yet collaborated with related enterprises in the field of flying autos. The company will continue to pay attention to the latest changes in the industry and prepare for related technology research and development.
Guangdong Haomei New Material Co., Ltd. (002988.SZ): Automotive lightweight business is mainly as a secondary or tertiary supplier to the vehicle manufacturer.
Guangdong Haomei New Material Co., Ltd. (002988.SZ) stated on its investor interaction platform that currently, the company's business in lightweight auto parts primarily serves as a secondary or tertiary supplier to automakers. Most of the lightweight materials and components provided by the company are processed and assembled by Ling Yun Industrial Corporation, Casumay, Shenzhen Everwin Precision Technology, and other auto parts companies before being supplied to the automakers.
Guangdong Haomei New MaterialsLtd (SZSE:002988) Takes On Some Risk With Its Use Of 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.' It's only natural to consider a company's balance sheet wh
Haomei New Materials (002988.SZ): Net profit of 587.13,300 yuan in the first quarter increased 177.60% year-on-year
Gelonghui, April 16 | Haomei New Materials (002988.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 1,411 billion yuan, up 7.85% year on year; net profit attributable to shareholders of listed companies was 587.133 million yuan, up 177.60% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 58269 million yuan, up 230.84% year on year; basic earnings per share were 0.2368 yuan.
Haomei New Materials (002988.SZ): Does not directly supply automakers such as Xiaomi Auto, and has no corresponding direct business dealings
Gelonghui, March 26 | Haomei New Materials (002988.SZ) said on the investor interactive platform that the company's automotive lightweight business is positioned as a second-tier supplier or third-level supplier for automakers. The automotive lightweight materials and components provided by the company are supplied to automakers after processing and assembly through auto parts companies such as Lingyun Co., Ltd., Casma, and Changying Precision. For this reason, the company does not directly supply to automakers such as Xiaomi Motors, and has no corresponding direct business dealings.
Haomei New Materials (002988.SZ): It has passed the material certification of many automakers and has obtained more than 300 designated projects
Gelonghui March 26 | Haomei New Materials (002988.SZ) said at an investor relations event that the aluminum products supplied by the company are mainly used as structural parts and safety parts in the vehicle, and play an important role in the safety and performance of the vehicle. Currently, most automakers will certify the aluminum alloy materials they use, and only companies that have passed the material certification can enter their supply chain system. At present, the company has passed material certification from many automakers, and has obtained more than 300 designated projects.
Haomei New Materials (002988.SZ): 2023 net profit of 181 million yuan, reversing year-on-year losses
Gelonghui March 18 | Haomei New Materials (002988.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 5.986 billion yuan, an increase of 10.60%; net profit attributable to shareholders of listed companies was 181 million yuan, turning a year-on-year loss into a profit; net profit attributable to shareholders of listed companies after deducting non-recurring profits and losses of 179.8 million yuan; and basic earnings per share of 0.80 yuan.
Haomei New Materials (002988.SZ): 2023 pre-profit of 160 million yuan to 215 million yuan, reversing year-on-year losses
Gelonghui, January 18 | Haomei New Materials (002988.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 160 million yuan to 215 million yuan, a loss of 111.493 million yuan for the same period last year; net profit of 130 million yuan to 175 million yuan after deducting non-recurring profit and loss, a loss of 93.958 million yuan for the same period last year; basic earnings per share were 0.6453 yuan/share - 0.8671 yuan/share. Reasons for changes in performance: 1. Compensation and losses due to subsidiary safety incidents in the same period last year
The popularity of luxury materials is being promoted, and the high stock price may have been short-lived
“Investor Network” Zhang Wei For listed companies, every sentence when interacting with investors and every piece of information in daily announcements will be the focus of attention of relevant investors. For example, inconsistencies in the information may cause the company's stock price to skyrocket and plummet. In November 2023, aluminum profile manufacturer Guangdong Haomei New Materials Co., Ltd. (hereinafter referred to as “Haomei New Materials”, 002988.SZ)'s stock price plummeted due to inconsistent information disclosed to the outside world, and was eventually publicly condemned by the regulatory authorities and issued a warning letter. On January 11, Haomei New Materials issued an announcement stating that Chen Tao, the company's chairman and director secretary, was given to the Shenzhen Stock Exchange
Haomei New Materials (002988.SZ): The main business is R&D, production and sales of aluminum alloy materials and system doors and windows
Gelonghui, January 5 | Haomei New Materials (002988.SZ) said on the investor interactive platform that the company's main business is R&D, production and sales of aluminum alloy materials and system doors and windows. The main products include construction aluminum profiles, industrial aluminum profiles, lightweight automotive materials, and system door and window products.
Haomei New Materials (002988.SZ): The current business does not involve fields related to artificial diamonds
Gelonghui, January 5 丨 An investor asked Haomei New Materials (002988.SZ) on the investor interactive platform, “Please ask if the company's business is involved in the field of artificial diamonds.” The company replied that the company's current business does not involve fields related to artificial diamonds.
Haomei New Materials (002988.SZ): Some industrial aluminum products are supplied to PV frame and bracket manufacturers
Gelonghui January 5 丨 Some investors asked Haomei New Materials (002988.SZ) on the investor interactive platform, “Does the company's industrial aluminum manufacture photovoltaic bracket and frame products?” The company replied that some of the company's industrial aluminum products are supplied to photovoltaic frame and bracket manufacturers.
Haomei New Materials (002988.SZ): Related product terminal applications cover models related to domestic brands such as BYD, Huawei, Changan, etc.
Gelonghui November 15 | Haomei New Materials (002988.SZ) announced a correction notice on disclosure matters relating to the automotive lightweight business. In terms of the automotive lightweight business, the company is positioned as a second-tier supplier or third-level supplier to automakers. The automotive lightweight materials and components provided by the company are supplied to automakers after processing and assembly by auto parts companies. The company's direct customers are mainly auto parts companies such as Lingyun Co., Casma, and Changying Precision. The terminal applications of related products cover joint venture models such as BMW, Mercedes-Benz, Honda, and Toyota, and models related to domestic brands such as GAC Aian, BYD, and Huawei, and Changan
Haomei New Materials (002988.SZ): The amount of products used in the first three quarters for products used in the world of inquiry models shipped to parts companies was about 4.79 million yuan
Haomei New Materials (002988.SZ) issued a stock price change announcement stating that the company disclosed on November 3, 2023...
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Haomei New Materials (002988.SZ): After asking the world M7 was mass-produced, it brought the company a certain increase in orders
Gelonghui November 3 | Haomei New Materials (002988.SZ) said at an investor relations event that the company has already obtained a fixed number of models in the Enjie series, mainly providing battery tray products, but the initial volume has always been small. After mass production, the Wenjie M7 brought a certain increase in orders to the company.
Haomei New Materials (002988.SZ): Currently, the company's total industrial materials production capacity is about 180,000 tons
Gelonghui November 3 | Haomei New Materials (002988.SZ) said at an investor relations event that the company currently has a total production capacity of about 180,000 tons of industrial materials (including automotive materials). Through equipment upgrades and modifications to a certain extent, some industrial profiles and automotive lightweight products can be switched between each other, and production capacity is used interchangeably. The automotive lightweight business is currently the company's key development direction and one of the fastest-growing businesses. Subsequent companies will increase the proportion of lightweight automotive materials and components, optimize the product structure, replace some low-margin industrial materials products, and at the same time further expand the post-processing ratio of automotive materials and increase product additions
Haomei New Materials (002988.SZ): Customers cover joint venture models such as BMW and Mercedes-Benz, and domestic brands such as BYD and Huawei Wenjie
Gelonghui November 3 | Haomei New Materials (002988.SZ) said in an investor relations event that in the automotive lightweight business, the company, as the largest supplier of automotive lightweight materials in South China, has obtained a total of 280 model targeted projects. Customers cover joint venture models such as BMW, Mercedes-Benz, Honda, Toyota, GAC, AAN, BYD, Huawei, Changan and other domestic brands; in the future, the company will continue to increase investment in back-end processing equipment, increase the proportion of automotive materials post-processing, and increase product added value.
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