Weak Statutory Earnings May Not Tell The Whole Story For Ximei Resources Holding (HKG:9936)
Ximei Resources Holding Limited's (HKG:9936) recent weak earnings report didn't cause a big stock movement. However, we believe that investors should be aware of some underlying factors which may be
Changes in Hong Kong stocks | Ximei Resources (09936) fell by more than 6%, annual net profit decreased by 16.8% to about RMB 87.1 million, gross margin fell 7.9%
The Zhitong Finance App learned that Ximei Resources (09936) fell by more than 6%. As of press release, it was down 0.95% to HK$3.13, with a turnover of HK$199,500. According to the news, Ximei Resources announced its 2023 results. Revenue increased 37.6% to approximately RMB 1,403 billion; gross profit increased 1.5% to approximately RMB 310 million; profit attributable to the company's shareholders decreased by 16.8% to approximately RMB 87.1 million, with a basic profit of 0.24 yuan per share. According to the announcement, gross margin fell from about 30.0% in 2022 to about 22.1% in the year under review. The decline was mainly due to a review
稀美資源:二零二三年年報
Ximei Resources Shareholders to Vote May 27 on Share Issuance, Repurchase
Ximei Resources Holding (HKG:9936) shareholders will meet in Guangzhou, China on May 27 to vote on the issuance and repurchase of shares, according to a Tuesday disclosure with the Hong Kong bourse. U
Ximei Resources (09936.HK)'s annual revenue increased 37.6% to about 1.403 billion yuan
On March 22, GLONGHUI | Ximei Resources (09936.HK) announced that for the year ended December 31, 2023, the company's revenue increased by 37.6% to approximately RMB 1,403.2 million. Gross profit increased by 1.5% to approximately RMB 310.4 million. Gross margin decreased by 7.9% to 22.1%. Profit attributable to the company's shareholders decreased by 16.8% to approximately RMB 87.1 million. The Board does not recommend any final dividend.
XIMEI RESOURCES: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Ximei Resources (09936.HK) plans to hold a board meeting on March 22 to approve annual results
Gelonghui March 11 | Ximei Resources (09936.HK) announced that a board meeting will be held on Friday, March 22, 2024 to review and approve the Group's audited annual results for the year ended December 31, 2023 and the proposed payment of a final dividend (if any), and to deal with any other matters.
Guoxin Securities's 24-year chemical strategy: the economy is expected to bottom out and rebound, optimistic about the direction of upstream core resource products and downstream emerging chemicals
We are more optimistic about the investment direction of upstream core resource products and emerging chemicals where downstream demand is expected to continue to grow.
Business Society: The slight adjustment in phosphoric acid prices is expected to be weak in the short-term market, mainly
As of November 22, the average domestic reference price of 85 caloric phosphoric acid was 7080 yuan/ton, down nearly 2% from the average reference price of 7,200 yuan/ton on November 1.
Summary of the Bank of China Securities Basic Chemical Report for the Third Quarter of '23: Low profit levels are expected to stabilize the demand side or continue to improve
The Zhitong Finance app learned that Bank of China Securities released a research report saying that under the influence of factors such as weak downstream demand, the overall profitability of the basic chemical industry in the first three quarters of 2023 fell to a recent low level, and the performance of some sub-industries improved in 23Q3
Summary of China Merchants Securities Basic Chemical's three-quarter report in '23: The business cycle is expected to bottom out and is optimistic about marginal demand recovery
The Zhitong Finance App learned that China Merchants Securities released a research report saying that on the supply side, under the guidance of carbon peak and carbon neutrality policies, supply in the chemical industry will continue to be restricted, and the elimination of lagging inefficient production capacity will further concentrate market share on leading companies; on the demand side, with inventory pressure gradually easing and the macroeconomic environment expected to improve marginally, demand in the basic chemical industry is expected to continue to improve.
Guohai Securities: The bottom profit of the chemical industry has been confirmed to maintain the industry's “recommended” rating
The Zhitong Finance App learned that Guohai Securities released a research report stating that taking into account the steady recovery in profits in the chemical industry and the gradual improvement in inventory turnover, while the industry's production capacity continues to expand, the “recommended” rating for the chemical industry is maintained.
XIMEI RESOURCES: Interim Report 2023
Announcement Highlights: Qiutai Technology's medium-term net profit fell by nearly 90%; Xiabu Xiabu's medium-term net profit is expected to be no less than 2 million yuan, turning a year-on-year loss into a profit
Ganfeng Lithium: After completing related acquisitions, the company held 70% of Mengjin Mining and 90% of Xinyu Ganfeng Mining; Gacos-B's pancreatic cancer treatment drugs were approved by the State Drug Administration; and Yitai Coal will be delisted on the afternoon of August 11.
Ximei Resources (09936) Releases Interim Results Shareholders' Profit of RMB 44.819 Million Decreased 27.8% Year on Year
According to the Zhitong Finance App, Ximei Resources (09936) announced the interim results for the six months ended June 30, 2023. The group obtained revenue of 633 million yuan (RMB, same below) during the period, an increase of 34.7% over the previous year; shareholders' profit should account for 448.19 million yuan, a decrease of 27.8% over the previous year; basic profit of 0.12 yuan per share. The announcement stated that the increase in revenue was mainly due to the increase in sales volume of the Group's main products.
XIMEI RESOURCES: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
XIMEI RESOURCES: NOTICE OF BOARD MEETING
Scarce Resources: Annual Report 2022
Scarce Resources: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2022
Ximei Resources Signs Investment Framework Deals for New Metal Materials Manufacturing Project in China
01:26 AM EST, 11/10/2022 (MT Newswires) -- Ximei Resources Holding (HKG:9936) signed investment framework deals with the Guiyang and Qingzhen municipal governments in China for a tantalum and niobium
No Data