600282 Nanjing Iron & Steel
- 5.07
- -0.07-1.36%
Nanjing Iron & Steel News
CICC: The pace of energy saving and carbon reduction transformation may speed up, and the profit distribution pattern of the steel industry chain is expected to improve
The erosion of steel profits by furnace materials in the bottom cycle of this round is obvious. As production regulation progresses, profit distribution in the industrial chain may change, and pressure on the raw material side is expected to weaken.
CICC: At present, the industry has a high margin of safety, and 24Q2 is optimistic about the repair of core assets in steel manufacturing
The Zhitong Finance App learned that CICC released a research report saying that the current manufacturing industry outlook indicators have improved. Looking ahead, demand expectations are expected to be repaired, and it is difficult to falsify in the short term. Leading steel companies in the underestimated manufacturing industry may usher in a gradual recovery in profits and valuations, and excess profits can be expected. In terms of targets, it is recommended to focus on three main lines: 1) Underestimated steel “core assets” with a bottom layout, focusing on Baosteel shares. It is recommended to focus on Nangang Steel (600282.SH) and Valin Steel (000932.SZ). 2) A leading company in new special steel materials, focusing on recommending Tiangong International, a global tool and tool steel leader with high growth
Nanjing Iron & Steel Co., Ltd.'s (SHSE:600282) Last Week's 3.3% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
Key Insights Significant control over Nanjing Iron & Steel by private companies implies that the general public has more power to influence management and governance-related decisions 57% of the com
CITIC Co., Ltd. (00267): Nangang Steel Co., Ltd. (600282.SH) will distribute the 2023 cash dividend of 0.25 yuan per A share on May 10
According to the Zhitong Finance App, CITIC (00267) announced that Nangang Steel Co., Ltd. (600282.SH) will distribute the 2023 cash dividend of 0.25 yuan per A share on May 10, 2024.
Wuzhou Xinchun (603667.SH): Nangang Steel Co., Ltd. reduced its total holdings of the company by 160,000 shares
Gelonghui, April 23, 丨 Wuzhou Xinchun (603667.SH) announced that from January 22 to April 19, 2024, Nangang Steel Co., Ltd. reduced its total holdings of the company's shares by 160,000 shares, accounting for 0.043% of the company's total share capital.
Nanjing Iron & Steel Co., Ltd.'s (SHSE:600282) Share Price Is Matching Sentiment Around Its Earnings
With a price-to-earnings (or "P/E") ratio of 15.4x Nanjing Iron & Steel Co., Ltd. (SHSE:600282) may be sending bullish signals at the moment, given that almost half of all companies in China have P/E
Nangang Steel Co., Ltd. (600282.SH) reported first-quarter results, net profit of 554 million yuan, an increase of 47.24% over the previous year
Nangang Steel Co., Ltd. (600282.SH) released its report for the first quarter of 2024. The company achieved operating income during the reporting period...
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.
Nangang Steel Co., Ltd. (600282.SH): In 2023, the export order volume was 1.25 million tons, and the export volume was 1.2 million tons
Gelonghui, April 3, 丨 Nangang Steel Co., Ltd. (600282.SH) said at the performance briefing that in 2023, the company will seize overseas markets and continue to expand the export volume of high-value-added products, export varieties and key high-end customers. The company received 1.25 million tons of export orders, with an export volume of 1.2 million tons, a double record; the company's export volume increased 85% year on year, which is better than China's steel export average.
Is Nanjing Iron & Steel (SHSE:600282) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' It's only natural to co
Nanjing Iron & Steel Co., Ltd. Just Missed EPS By 9.9%: Here's What Analysts Think Will Happen Next
Nanjing Iron & Steel Co., Ltd. (SHSE:600282) just released its latest annual report and things are not looking great. Results look to have been somewhat negative - revenue fell 4.4% short of anal
Nanjing Iron & Steel's 2023 Profit Slips 1.7%
Nanjing Iron & Steel (SHA:600282) recorded a net profit attributable to shareholders of 2.13 billion yuan in 2023, down 1.7% from 2.16 billion yuan a year ago, according to the company's annual report
CITIC Co., Ltd. (00267): Nangang Steel Co., Ltd. (600282.SH) has calculated impairment preparations totaling about 260 million yuan
CITIC Co., Ltd. (00267) issued an announcement. On March 8, 2024, Nangang Steel Co., Ltd. (600282.SH)...
Nangang Steel Co., Ltd. (600282.SH): Net profit in 2023 fell 1.67% year on year to 2.125 billion yuan, and plans to distribute 10 to 2.5 yuan
On March 8, Ge Longhui Co., Ltd. (600282.SH) announced its 2023 annual report. During the reporting period, it achieved operating income of 72,543 billion yuan, an increase of 2.65%; net profit attributable to shareholders of listed companies was 2,125 billion yuan, a year-on-year decrease of 1.67%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,891 billion yuan, a year-on-year decrease of 6.79%; and basic earnings per share were 0.3447 yuan. The company plans to distribute a cash dividend of RMB 2.5 (tax included) to all shareholders for every 10 shares based on the total share capital on the day the equity distribution was implemented, with the remaining balance
CITIC Co., Ltd. (00267): Nangang Steel Co., Ltd. (600282.SH) guarantees Nangang Guomao's loan of no more than 38 million US dollars
CITIC Co., Ltd. (00267) announced that on February 26, 2024, Nangang Steel Co., Ltd. (600282.SH) and...
Nanjing Iron & Steel Co., Ltd.'s (SHSE:600282) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Nanjing Iron & Steel's (SHSE:600282) stock is up by a considerable 19% over the past month. However, we decided to pay close attention to its weak financials as we are doubtful that the current mome
Nangang Steel Co., Ltd. (600282.SH): The company develops ultra-low temperature nickel-based steel for LNG storage and transportation vessels
Gelonghui Feb. 1: Nangang Steel Co., Ltd. (600282.SH) said on an interactive platform that marine steel is one of the company's main advantageous products. The company is one of the first companies in China to pass the certification of 11 national classification societies, and has established close cooperative relationships with well-known domestic and foreign shipbuilding companies, covering a full range of (oversized) gas carriers such as container ships, RoRo ships, luxury cruise ships, wind power hoisting vessels, dry bulk carriers, and VLGC (liquefied gas carriers), VLEC (ethane carriers), LPG, LEG, etc. In 2022, the company sold 1.588 million tons of marine and offshore steel, accounting for all steel
CITIC: Nangang Steel Co., Ltd. plans to continue to use idle own funds for financial management in 2024
CITIC Corporation (00267) issued an announcement. The board of directors meeting of Nangang Steel Co., Ltd. (600282.SH) reviewed and passed the “Proposal on Continuing to Use Idle Own Funds for Financial Management in 2024”. It is proposed to continue to use idle own funds for financial management in 2024, with a maximum amount of 1.8 billion yuan (including the amount related to financial reinvestment of income from financial management). Types of wealth management products: These include but are not limited to structured bank deposits, bond repurchases, income certificates, and highly secure and liquid wealth management products issued by banks and other financial institutions, excluding investments in stocks and derivatives.
CITIC Co., Ltd. (00267): Nangang Steel Co., Ltd. (600282.SH) elects Huang Yixin as chairman
CITIC Corporation (00267) announced that Nangang Steel (600282.SH) in January 2024...
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