Is Hangzhou Huawang New Material TechnologyLtd (SHSE:605377) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we thi

Simply Wall StMay 1 18:58 ET

Huawang Technology (605377.SH) announced its 2023 annual results, with net profit of 566 million yuan, an increase of 21.13% over the previous year

Huawang Technology (605377.SH) disclosed its 2023 annual report, and the company achieved revenue of 39 in 2023...

Zhitong FinanceApr 28 05:04 ET

Huawang Technology (605377.SH) plans to launch 2024 employee stock ownership plan

Huawang Technology (605377.SH) disclosed the 2024 employee stock ownership plan (draft). The employee stock ownership plan is...

Zhitong FinanceApr 19 07:12 ET

Orient Securities: Demand from Europe and the US is picking up, supply shocks are frequent, and pulp is expected to continue to strengthen in the second quarter

The Zhitong Finance App learned that Orient Securities released a research report stating that starting at the end of 2023, the European and American paper industry chains are coming to an end, and demand for pulp is gradually picking up. Global pulp supply disturbances have been frequent since March. The mismatch between global pulp supply and demand is expected to be prominent in the second quarter. Combined with pulp inventories throughout the industry chain, the pulp inventory in the entire industry chain is at a medium to low level, and pulp prices are expected to maintain a strong trend in the second quarter. In terms of bulk paper, we are currently in the traditional peak season for cultural paper. If pulp prices continue to be strong, cultural paper prices are expected to achieve cost transmission, and cultural paper industry leaders, which account for a relatively high proportion of self-supply pulp, are expected to benefit from this round of rising paper prices and achieve profitable expansion. Inci

Zhitong FinanceApr 17 23:40 ET

Zheshang Securities: Finland's strike stops production, catalyzes the strengthening of pulp prices, and it is expected that the price of pulp and paper will continue to rise

The strike in Finland affected fermentation, temporarily halted production at some pulp mills, or supported the strengthening of pulping price fluctuations in the short term.

Zhitong FinanceMar 20 04:14 ET

Changjiang Securities: Q1 of the paper industry chain is expected to be still in the inventory phase and gradually enter Xiaoyangchun after the Cultural Paper Festival

The Zhitong Finance App learned that Changjiang Securities released a research report saying that 2024Q1 is still expected to be the stage where the paper industry chain digests inventory, and the price increase for cultural paper is expected to be superior to wrapping paper after the Spring Festival. Cultural paper gradually enters Xiaoyangchun (tender season for fall textbooks) after the Spring Festival. Improved demand is expected to drive price increases. The first half of the year for wrapping paper is a traditional low season, and demand is generally driving price increases. It is worth noting that prices for broadleaf pulp from overseas pulp mills have risen recently. On the one hand, demand for wood pulp in the European and American markets has increased since the beginning of the year. On the other hand, currently Chinese paper companies' wood pulp stocks are generally low, and demand for cultural paper is expected to increase in the future.

Zhitong FinanceMar 11 03:43 ET