600989 Ningxia Baofeng Energy Group
- 16.81
- +0.12+0.72%
Ningxia Baofeng Energy Group News
Ningxia Baofeng Energy Group Co., Ltd. (SHSE:600989) Shares Could Be 36% Below Their Intrinsic Value Estimate
Key Insights Ningxia Baofeng Energy Group's estimated fair value is CN¥26.00 based on 2 Stage Free Cash Flow to Equity Ningxia Baofeng Energy Group's CN¥16.69 share price signals that it might be 36
Is Ningxia Baofeng Energy Group (SHSE:600989) A Risky Investment?
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.' So it seems the smart money knows that debt - which is usu
Feng Liuxin bought this company, and Zhu Shaoxing is reducing his holdings
Another regional bank has gone out of business in the US
Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Shares Not Telling The Full Story
With a price-to-earnings (or "P/E") ratio of 20.7x Ningxia Baofeng Energy Group Co., Ltd. (SHSE:600989) may be sending bullish signals at the moment, given that almost half of all companies in China h
Is Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Latest Stock Performance A Reflection Of Its Financial Health?
Ningxia Baofeng Energy Group's (SHSE:600989) stock is up by a considerable 14% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the
Galaxy Securities: The focus of oil prices continued to rise in March, and it is expected that oil prices may continue to operate at medium to high levels in the near future
The Zhitong Finance App learned that Galaxy Securities released a research report saying that recently, the market is focusing on supply-side geopolitical risks. Combined with the US refinery operating rate, the operating rate of US refineries is expected to continue to rise. Oil prices may continue to operate at medium to high levels. The Brent crude oil price range is 75-85 US dollars/barrel. As of March 26, the average monthly prices of Brent and WTI were 84.4 and 80.2 US dollars/barrel respectively, with month-on-month increases of 3.3% and 4.6%, respectively. The bank expects oil prices to continue to operate at medium to high levels in the near future. It is recommended to focus on low-cost non-oil route core assets and high-dividend oil and gas extraction targets, and recommend Baofeng Energy (600989.SH)
Private Companies Account for 36% of Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Ownership, While Insiders Account for 35%
Key Insights The considerable ownership by private companies in Ningxia Baofeng Energy Group indicates that they collectively have a greater say in management and business strategy A total of 2 inve
Ningxia Baofeng Energy's Profit Slides 10% in 2023; Revenue Rises 2.5%
Ningxia Baofeng Energy Group (SHA:600989) posted a 10.3% year-over-year drop in net profit in 2023 to 5.65 billion yuan from 6.3 billion yua in 2022, the Chinese producer of coal-based chemicals said
Baofeng Energy (600989.SH) plans to donate no more than 500 million yuan to Yan Bao Charity Foundation in 2024
Baofeng Energy (600989.SH) issued an announcement to help develop education throughout Ningxia and Jiuquan in Gansu...
Baofeng Energy (600989.SH): Achieved a year-on-year increase of 2.48% in revenue of 29.136 billion yuan in 2023
Gelonghui, March 21丨Baofeng Energy (600989.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 29.136 billion yuan, an increase of 2.48%; net profit attributable to shareholders of listed companies was 5.651 billion yuan, a year-on-year decrease of 10.34%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 5.949 billion yuan, a year-on-year decrease of 11.46%; and basic earnings per share were 0.77 yuan. The company's 2023 profit distribution plan is based on the total share capital of the company minus the number of shares repurchased by the company 7,313,816,494 shares
Baofeng Energy (600989.SH): Employee stock ownership plan to raise no more than 149 million yuan
Gelonghui, March 13 | Baofeng Energy (600989.SH) announced that the total amount of capital to be raised in the company's employee shareholding plan is not more than 149 million yuan. Using “shares” as the subscription unit, each share is 1.00 yuan. The maximum number of shares in the employee's shareholding plan is 149 million shares. The final total amount of capital raised is based on the actual total amount of capital raised.
Ningxia Baofeng Energy Group (SHSE:600989) Could Be Struggling To Allocate Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE)
Ningxia Baofeng Energy Group (SHSE:600989) Has A Somewhat Strained Balance Sheet
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.' When we think about how risky a company is, we always like
Baofeng Energy (600989.SH): 250,000 tons/year EVA plant has been built and is currently undergoing test run
Gelonghui, Feb. 4: Baofeng Energy (600989.SH) announced that the company's 250,000 tons/year EVA plant has been completed and is currently undergoing test run; Inner Mongolia's first phase of 2.6 million tons/year coal-to-olefin and 400,000 tons/year green hydrogen coupling olefin project is scheduled to be completed and put into operation in the fourth quarter of this year. The project is the largest coal-to-olefin project in a single plant in the world so far. It is also the first large-scale project using green hydrogen and modern chemical coal to produce olefins. At that time, the company's olefin production capacity will reach 5.2 million tons/year, ranking in China Number one in the olefin industry, by Current product sales price calculation
Baofeng Energy (600989.SH): The controlling shareholder plans to increase the company's shares by no less than 100 million yuan and no more than 200 million yuan
Gelonghui January 31 丨 Baofeng Energy (600989.SH) announced that it received a notice from Ningxia Baofeng Group Co., Ltd., the controlling shareholder of the company, regarding plans to increase the company's share holdings. Baofeng Group, the controlling shareholder of the company, is firmly optimistic about the company's development. It believes that the company has excellent performance and huge room for industrial development, but the company's value is currently undervalued. Based on high recognition of the company's value and firm confidence in its continuous and stable future development, combined with a reasonable judgment on the company's stock value, and firm investors' confidence in the company's future development, it was decided to increase its holdings this time. Baofeng Group plans to increase its holdings by no less than 100 million yuan and not more than 200 million yuan.
Ningxia Baofeng Energy Group Co., Ltd. (SHSE:600989) Could Be Riskier Than It Looks
Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) price-to-earnings (or "P/E") ratio of 21.4x might make it look like a buy right now compared to the market in China, where around half of the com
Baofeng Energy (600989.SH): The construction of the EVA project has now been completed
Gelonghui, January 15 | Baofeng Energy (600989.SH) said on the investor interactive platform that the construction of the EVA project has now been completed and related preparations are being carried out before commencement, and the operation of the project is not a matter of statutory announcement.
Ningxia Baofeng Energy Group Co., Ltd. (SHSE:600989) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
It is hard to get excited after looking at Ningxia Baofeng Energy Group's (SHSE:600989) recent performance, when its stock has declined 2.3% over the past month. But if you pay close attention, you
Baofeng Energy (600989.SH): The company has no production base in Gansu
On December 20|Baofeng Energy (600989.SH) said on the investor interactive platform, Baofeng Energy () said on the investor interactive platform that we are also very saddened to hear about the Linxia earthquake in Gansu. We are also very saddened. Difficulties on one side and support from all sides. May everyone watch and help each other and get through the difficult times together! The company does not have a production base in Gansu.
Baofeng Energy (600989.SH): Coke has a production capacity of 7 million tons, and rising coke prices are good for the company
Gelonghui, December 11|Baofeng Energy (600989.SH) said on the investor interactive platform that the company has a coke production capacity of 7 million tons, and the rise in coke prices is beneficial to the company.
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