300185 Tongyu Heavy Industry
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Tongyu Heavy Industry News
Tongyu Heavy Industries (300185.SZ): Currently, nuclear power business revenue does not account for much of the company's revenue
Gelonghui May 15 丨 Tongyu Heavy Industries (300185.SZ) held a performance briefing on May 13, 2024 to discuss “How is the company's nuclear power business and what are the prospects?” The company replied that the current nuclear power business revenue does not account for much of the company's revenue. We are optimistic about the future development prospects of the nuclear power business, and have set up a nuclear equipment division to be responsible for R&D and market development of products related to nuclear power.
Tongyu Heavy Industries (300185.SZ): Using the Qingdao Baojian Offshore Wind Power Structural Parts Project to trial manufacture offshore wind power structural parts products for an overseas customer
Gelonghui May 15 丨 Tongyu Heavy Industries (300185.SZ) held a performance briefing on May 13, 2024 to discuss “How far has the Jimo project progressed?” The company replied that it is using the Qingdao Baojian offshore wind power structural parts project to test manufacture offshore wind power structural parts products for an overseas customer, and is actively seeking to pass the customer's product certification as soon as possible.
Tongyu Heavy Industries (300185.SZ): Currently about 55,000 tons of forgings and 16,000 tons of castings are scheduled to be produced
Gelonghui, May 15, 丨 Tongyu Heavy Industries (300185.SZ) held a performance briefing on May 13, 2024. Regarding “the company's current order situation, what are the production prospects for the second quarter and this year,” the company replied that the company has scheduled production of about 55,000 tons of forgings and 16,000 tons of castings. Compared with the first quarter, the overall production schedule has increased significantly. In particular, since April has entered the peak season for wind power installations, wind power product production has increased significantly. Overseas order schedules and the first quarter also increased. The company integrated its marketing system this year and established seven major companies, including steel casting, aerospace, new energy, and marine engineering
Optimism Around Tongyu Heavy Industry (SZSE:300185) Delivering New Earnings Growth May Be Shrinking as Stock Declines 4.8% This Past Week
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Tongyu Heavy Industries (300185.SZ): Net profit of 10.4961 million yuan in the first quarter decreased by 87.80% year on year
On April 26, Ge Longhui | Tongyu Heavy Industries (300185.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 1,397 billion yuan, down 2.14% year on year; net profit attributable to shareholders of listed companies was 10.4961 million yuan, down 87.80% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 5.1881 million yuan, down 93.64% year on year; basic earnings per share were 0.0027 yuan.
Tongyu Heavy Industries (300185.SZ): The 700MN die forging press project is expected to be completed and put into operation by the end of this year
Gelonghui March 15 丨 An investor asked Tongyu Heavy Industries (300185.SZ) on the investor interactive platform, “How is the 700MN die forging press project progressing now? What is the approximate proportion of the project completed? Now let's see if production can be successfully put into operation by the end of the year?” The company replied that the project is currently under normal construction and is expected to be completed and put into operation by the end of this year.
Tongyu Heavy Industries (300185.SZ): The products cover the fields of energy, electricity, cement, paper, etc., and have the ability to mass-produce forgings required for pressure vessels
Gelonghui March 8 | Tongyu Heavy Industries (300185.SZ) said on the investor interactive platform that the company's products cover the fields of energy and electricity (including wind power, hydropower, thermal power, nuclear power), petrochemicals, ships, offshore equipment, metallurgy, aerospace, mining, cement, papermaking, etc., and has the ability to mass-produce forgings required for pressure vessels. The company makes full use of the advantages of a comprehensive R&D and manufacturing platform to adjust the product structure according to market demand.
Tongyu Heavy Industry (SZSE:300185) Jumps 4.7% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns
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Tongyu Heavy Industries (300185.SZ) has provided batch offshore wind turbine casting products for complete wind turbine customers
Gelonghui, January 26 | Tongyu Heavy Industries (300185.SZ) said on the investor interactive platform that the company has provided offshore wind turbine casting products in batches to wind turbine customers. The company actively negotiates orders for large-scale offshore wind power structural components products with target customers, and does its best to provide order support for the release of production capacity for offshore wind power structural components projects.
Some Investors May Be Worried About Tongyu Heavy Industry's (SZSE:300185) Returns On Capital
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Tongyu Heavy Industries (300185.SZ): There is still a lot of room for improvement in the revenue share of offshore wind power ancillary products
Gelonghui November 16 | Tongyu Heavy Industries (300185.SZ) was surveyed by specific targets on November 15, 2023, on “How is the company's offshore wind power product reserves?” The company replied that at present, the types of offshore wind turbines at home and abroad are mainly direct-drive fans and semi-direct-drive fans. The company can also provide products such as fixed rotors, casting spindles, wheels, and frames for offshore wind turbines. Our “Large-scale Offshore Wind Power Product Supporting Capacity Enhancement Project” at our Jimo Lingang production base can produce large-scale offshore wind power structural component products to fully meet the market needs of offshore wind power products. Although it is currently public
[BT Financial Report Instantaneous Analysis] Tongyu Heavy Industries 2023 Quarterly Report: Net profit increased by 45.78%, steady performance
This financial report was announced on 2023-10-25 18:36:48 Tongyu Heavy Industries (stock code: 300185) is a state-owned listed company and a national high-tech enterprise. The company's strategic goal is to become a world-class energy equipment manufacturer and a well-known supplier of functional materials. The company is mainly engaged in R&D, manufacturing and sales of functional materials such as large-scale forgings, castings, structural parts and cemented carbides. The company's products are mainly used in energy and electricity, petrochemicals, ships, offshore equipment, metallurgy, aerospace, military, mining, cement, paper and other industries. First, let's take a look
Tongyu Heavy Industries (300185.SZ): The subsidiary currently engaged in the drone business has been cancelled
Glonghui September 21丨Tongyu Heavy Industries (300185.SZ) held a performance briefing on September 20, 2023 to “introduce the company's drone business?” The company replied that after being state-owned, the company set the strategic goal of “building a world-class energy equipment manufacturer and a well-known supplier of functional materials”, and sorted out the company's assets and business, optimized resource allocation around the main business, and maximized the rational use of resources. Currently, the subsidiary involved in the drone business has been cancelled. The company will continue to integrate and sort out the company's business and continuously promote the high-quality development of the company.
Tongyu Heavy Industries (300185.SZ): As of the end of June, it had orders of about 1,559 billion yuan in hand, and new orders were still being obtained on a rolling basis
GLONGHUI, September 21丨Tongyu Heavy Industries (300185.SZ) held a performance briefing on September 20, 2023, on “What is the order situation for the second half of this year? How much impact do you expect to have on overall performance this year?” The company replied that as of the end of June this year, the company and its subsidiaries had orders of about 1,559 billion yuan, and new orders were still being obtained on a rolling basis. The company will make every effort to seize market orders and strive to promote steady growth in the company's performance.
Tongyu Heavy Industries (300185.SZ): The 700MN die forging press project is still under construction and is expected to be put into operation by the end of 2024
Glonghui September 21丨Tongyu Heavy Industries (300185.SZ) held a performance briefing on September 20, 2023, on “How is the fund-raising project progressing? The stock price has been hovering at a low level, and there seems to be quite a gap with the company's current basic situation. What practical measures does the company have in this regard to return the interests of the vast majority of small and medium-sized investors?” The company replied that the company's 700MN die forging press project is still under construction and is expected to be put into operation by the end of 2024. At the same time, the company has been communicating direct-drive wind power structural component orders with customers to promote the benefits of Qingdao Baojian Construction's large-scale offshore wind power structural component project as soon as possible.
Tongyu Heavy Industries (300185.SZ): Currently, revenue from offshore wind power products accounts for a small proportion of the company's wind power product revenue
GLONGHUI, September 21丨Tongyu Heavy Industries (300185.SZ) held a performance briefing on September 20, 2023, on “Does the company currently ship offshore wind power overseas or domestically, how much do they account for?” The company replied that the company's offshore wind power products are sold at home and abroad, but currently the revenue from offshore wind power products accounts for a small proportion of the company's wind power product revenue, and there is still plenty of room for growth in the future. The company will seize industry development opportunities, use the advantages of the industrial chain to continue to promote the development of offshore wind power and overseas markets, and promote the company's sustainable and healthy development.
Tongyu Heavy Industries (300185.SZ): Currently, offshore wind power products do not account for much of the company's sales revenue
GLONGHUI, September 14丨Tongyu Heavy Industries (300185.SZ) recently received a survey from a specific target, on “How does the company view the development trend of offshore wind power? What is the company's current share of offshore wind power product revenue and offshore wind power product reserves?” The company replied that since the second quarter of this year, although China's offshore wind power hoisting has shown a slowing trend, the country is also improving policies to guarantee the long-term development of offshore wind power development, and we are still optimistic about the development prospects of the global offshore wind power market. Currently, domestic and foreign offshore wind turbines are mainly direct drive fans and semi-direct drive fans. The company can also provide offshore wind turbines
Tongyu Heavy Industries (300185.SZ): The company's wind power casting production tasks were full in the first half of the year, and sales and revenue of casting products both increased significantly year-on-year
GLONGHUI, September 14丨Tongyu Heavy Industries (300185.SZ) recently received a survey from a specific target. “What is the reason for the year-on-year increase in gross margin of the company's casting products in the first half of this year?” The company replied that in the first half of this year, the company's wind power casting production tasks were full, and the sales volume and revenue of casting products increased sharply year-on-year; the price of raw materials fluctuated slightly in the first half of the year, increasing the profit margin for the company's casting products. In addition, the company is also continuously improving the profitability of the company's casting products through innovation and optimization of technical processes.
Interpretation of Tongyu Heavy Industries' 2023 Interim Report: Net cash flow declined, but net profit increased significantly. Basically, the trend is positive
According to the 2023 interim report data of Tongyu Heavy Industries, the company's revenue was 2,859,740,995.38 yuan, a slight decrease of 0.61% compared to 2,877,171,715.73 yuan in the same period last year. Although operating income declined slightly, net profit attributable to shareholders of listed companies increased sharply. The reporting period was 183,074,223.78 yuan, an increase of 65.08% compared to 110,899,143.15 yuan in the same period last year. This shows that the company's profitability has improved significantly. It is worth noting, however, that the company's operating activities generate cash
Tongyu Heavy Industries (300185.SZ): Net profit increased 65.08% in the first half of the year to 183 million yuan
Gelonghui, August 25: Tongyu Heavy Industries (300185.SZ) announced its 2023 semi-annual report. Operating income for the reporting period was 2,859.7 billion yuan, down 0.61% year on year; net profit attributable to shareholders of listed companies was 183 million yuan, up 65.08% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 175 million yuan, up 81.57% year on year; basic earnings per share.
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