600019 Baoshan Iron & Steel
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Baoshan Iron & Steel News
Baoshan Iron & Steel Co., Ltd. Just Beat EPS By 29%: Here's What Analysts Think Will Happen Next
A week ago, Baoshan Iron & Steel Co., Ltd. (SHSE:600019) came out with a strong set of quarterly numbers that could potentially lead to a re-rate of the stock. It was overall a positive result, w
Baosteel Co., Ltd. (600019.SH): A total cost of 2,138 billion yuan to buy back 1.58% of the shares
Gelonghui, April 30丨Baosteel Co., Ltd. (600019.SH) announced that by the end of April 2024, the company had repurchased 349.0627 million shares through centralized bidding transactions, accounting for about 1.58% of the company's total share capital. The highest purchase price was 7.08 yuan/share, the lowest purchase price was 5.57 yuan/share, and the total amount paid was 2137.925,500 yuan (excluding transaction fees).
Baoshan Iron and Steel's Q1 Profit Rises 4%
Baoshan Iron and Steel's (SHA:600019) attributable profit rose 4.4% to 1.93 billion yuan in the first quarter from 1.85 billion yuan in the year-ago period, according to a Monday filing with the Shang
Baosteel Co., Ltd. (600019.SH): Net profit of 11.944 billion yuan in 2023, down 2.0% year on year
Gelonghui, April 26丨Baosteel Co., Ltd. (600019.SH) announced its 2023 annual report. During the reporting period, it achieved operating income of 344.5 billion yuan, a year-on-year decrease of 6.3%; net profit attributable to shareholders of listed companies was 11.944 billion yuan, down 2.0% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 10.453 billion yuan, down 1.4% year on year; and basic earnings per share were 0.54 yuan.
CICC: The industry is expected to repair leading steel manufacturing companies or to gradually recover profits and valuations
CICC released a research report stating that at present, the domestic manufacturing industry has maintained a positive recovery momentum. Previously, due to the decline in the real estate market, the market's demand expectations for the industry were still pessimistic. Looking ahead, the steel industry is expected to recover.
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.
Bank of America Securities: Optimistic about aluminum prices, China's Hongqiao raised the target price to HK$11.5
Bank of America Securities released a research report saying that in the second quarter, the global commodities team updated their metal price forecasts. The macroeconomic and energy transition will drive metal prices, and we are still optimistic about copper and gold. It is expected that by 2025, the price of copper will exceed 10,000 US dollars/ton, and the price of gold will exceed 2,500 US dollars/ounce. The bank is optimistic about aluminum prices and expects China's aluminum demand to increase by 2% in 2024. However, they have a neutral view of lithium and are wary of steel. The bank listed Zijin Mining (02899), Shandong Gold (01787), and China Aluminum (02600) as the preferred metal/mining stocks, and is optimistic
Baosteel Co., Ltd. (600019.SH): A total cost of 2,089 billion yuan to buy back 1.55% of the shares
Gelonghui, April 2, 丨 Baosteel Co., Ltd. (600019.SH) announced that by the end of March 2024, the company had repurchased 342.0627 million shares through centralized bidding transactions, accounting for about 1.55% of the company's total share capital. The highest purchase price was 6.67 yuan/share, the lowest purchase price was 5.57 yuan/share, and the total amount paid was 20886.141 million yuan (excluding transaction fees).
Baoshan Iron & Steel (SHSE:600019) Will Want To Turn Around Its Return Trends
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? One common approach is to try and find a company with returns on capital employed
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)
Changes in Hong Kong stocks | Zero Sports Auto (09863) rose more than 5% in the afternoon. The company reached a strategic cooperation with Baosteel Co., Ltd. and Baosteel Co., Ltd. previously signed a contract with Huawei Hongmeng
Zero Sports Auto (09863) rose more than 5% in the afternoon. As of press release, it had risen 4.54% to HK$25.35, with a turnover of HK$456.22,900.
Baosteel Co., Ltd. (600019.SH) has spent 2,039 billion yuan to buy back 1.51% of its shares
Baosteel Co., Ltd. (600019.SH) issued an announcement. By the end of February 2024, the company had passed centralized bidding transactions...
These 4 Measures Indicate That Baoshan Iron & Steel (SHSE:600019) Is Using Debt Reasonably Well
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
CICC: At the bottom of history, the steel industry is more optimistic that manufacturing steel companies will take the lead in breaking out of the profit trough
There is no need to be pessimistic about the bottom of expectations and reality.
Baosteel Co., Ltd. (600019.SH): China's iron and water production has declined recently, and there has also been a correction in ore prices
Gelonghui, Feb. 6 | Baosteel Co., Ltd. (600019.SH) said on an interactive platform that iron ore prices are mainly determined by supply and demand, and will also be affected by sentiment in stages. China's iron and water production has recently declined, and ore prices have also adjusted somewhat. The southern hemisphere is in the rainy season in the first half of the year, and iron ore shipments are easily affected by the climate, which may disrupt market sentiment. In the long run, as China's overseas equity mining projects progress, it is believed that the issue of iron ore pricing rights will gradually ease.
Baosteel Co., Ltd. (600019.SH): Since 2023, the company has expanded its export ratio and is expected to be close to 6 million tons for the whole year
Gelonghui, Feb. 1: Baosteel Co., Ltd. (600019.SH) said on the interactive platform that the company's export sales volume in 2022 was 3.98 million tons, distributed as follows: Southeast Asia and South Asia 36.5%, East Asia and Australia 20.7%, Europe and Africa 26.7%, and America 16.1%. Since 2023, the company has expanded its export ratio and is expected to be close to 6 million tons throughout the year. At the same time, overseas green space projects have made substantial progress and are being actively promoted. In terms of new product development, 15 new basic research projects were added in the first three quarters of 2023 to achieve 8 products including heat-resistant notch-oriented silicon steel B18HS070
Baosteel Co., Ltd. (600019.SH): Global iron ore supply increased in 2024, and domestic crude steel production is expected to remain flat or fall slightly
Gelonghui, Feb. 1 | Baosteel Co., Ltd. (600019.SH) said on an interactive platform that global iron ore supply has increased in 2024. Domestic crude steel production is expected to remain flat or fall slightly, and ore prices have the driving force to return to a reasonable range. The steel industry is expected to continue the pattern of plate strength and weakness, cold strength, heat and weakness. The company will seize the opportunity of high-quality transformation of the industry to take advantage and meet challenges in competition in the middle and high-end plate sector. Regarding mergers and acquisitions, the specific progress of related projects will be disclosed through announcements.
Baosteel Co., Ltd. (600019.SH): As of the end of January, it had repurchased a total of 1.48% of the shares
Gelonghui, January 31 | Baosteel Co., Ltd. (600019.SH) announced that by the end of January 2024, the company had repurchased a total of 327.162,700 shares through centralized bidding transactions, accounting for about 1.48% of the company's total share capital. The highest purchase price was 6.29 yuan/share, the lowest purchase price was 5.57 yuan/share, and the total amount paid was 1990 5.69 million yuan (excluding transaction fees).
Baoshan Iron & Steel (SHSE:600019) Investors Are up 7.6% in the Past Week, but Earnings Have Declined Over the Last Five Years
Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some selections. So we wouldn't blame long term Baoshan Iron & Steel Co., Ltd. (SHSE
Guotai Junan: Steel demand is expected to exceed expectations in '24 and maintain the industry's “gain” rating
Steel demand is expected to exceed market expectations and achieve positive growth in 2024.
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