Zhenhua New Materials (688707.SH): 2023 net profit fell 91.93% year on year
On April 19, Ge Longhui (688707.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 6.876 billion yuan, a year-on-year decrease of 50.66%; net profit attributable to shareholders of listed companies was 103 million yuan, a year-on-year decrease of 91.93%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 97.7119 million yuan, a year-on-year decrease of 92.17%; and basic earnings per share were 0.23 yuan. The company plans to distribute a cash dividend of 0.5 yuan (tax included) for every 10 shares to all shareholders.
Retail Investors Invested in Guizhou Zhenhua E-chem Inc. (SHSE:688707) Copped the Brunt of Last Week's CN¥1.3b Market Cap Decline
Key Insights Guizhou Zhenhua E-chem's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 7 investors have a major
Zhenhua New Materials (688707.SH): For the recycling business, the company plans to create a “one control, one participation” layout
Gelonghui, April 3 | Zhenhua New Materials (688707.SH) said on the investor interactive platform that the power battery recycling business is in line with national industrial policies and industry trends, has good market prospects, and the impact of promoting large-scale consumer goods trade-in policies on the market remains to be seen. For the recycling business, the company plans to create a “one control, one participation” layout. The company invested in Guizhou Red Star Electronic Materials Co., Ltd. in 2016, which is mainly engaged in recycling business. At the same time, the company plans to take the opportunity to establish a holding company specializing in recycling-related business. Currently, it is still in the preparation stage. Specifically, it can be
Zhenhua New Materials (688707.SH): Follow up on relevant market needs in the low-altitude field and develop related materials in a targeted manner
Gelonghui, April 3 | Zhenhua New Materials (688707.SH) said on the investor interactive platform that the company has R&D and technical reserves in the field of cathode materials for energy storage and solid-state batteries. Currently, it is also following up on relevant market needs in the low-altitude field and developing related materials in a targeted manner. If there is any relevant progress in the future, the company will strictly comply with the relevant laws and regulations and fulfill the relevant information disclosure obligations.
Cathay Pacific Junan: Policy guidance helps the battery recycling industry to accelerate development
In recent years, the national recycling industry policy has been gradually refined, the battery recycling business model is becoming more mature, and the scale of the industry continues to expand. Industrial chain enterprises with a first-mover advantage and master waste battery channel resources and battery recycling technology are expected to be the first to benefit.
Does Guizhou Zhenhua E-chem (SHSE:688707) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when
Analysts Are More Bearish On Guizhou Zhenhua E-chem Inc. (SHSE:688707) Than They Used To Be
One thing we could say about the analysts on Guizhou Zhenhua E-chem Inc. (SHSE:688707) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for
Is There An Opportunity With Guizhou Zhenhua E-chem Inc.'s (SHSE:688707) 36% Undervaluation?
Key Insights Guizhou Zhenhua E-chem's estimated fair value is CN¥23.96 based on 2 Stage Free Cash Flow to Equity Guizhou Zhenhua E-chem is estimated to be 36% undervalued based on current share pric
Zhenhua New Materials (688707.SH): There are currently no plans to enter the battery field
Gelonghui, Feb. 23 | Zhenhua New Materials (688707.SH) said on the investor interactive platform that the company currently has no plans to enter the battery sector.
Zhenhua New Materials (688707.SH): Cathode materials used in solid-state batteries/semi-solid batteries have all been developed and prepared
Gelonghui, Feb. 23 | Zhenhua New Materials (688707.SH) said on the investor interactive platform that the company has developed and prepared cathode materials for solid-state batteries/semi-solid batteries.
Zhenhua New Materials (688707.SH): 2023 net profit decreased by 91.93% year-on-year
Gelonghui, Feb. 23 | Zhenhua New Materials (688707.SH) announced its 2023 annual performance report. The company achieved operating income of 687,573.75 million yuan in 2023, a year-on-year decrease of 50.66%; achieved operating profit of 113.617,600 yuan, a year-on-year decrease of 92.14%; realized a total profit of 10,85403 million yuan, a year-on-year decrease of 91.93%; realized net profit attributable to shareholders of listed companies, a year-on-year decrease of 91.93%; achieved deduction of non-recurring profit and loss attributable to shareholders of listed companies Net profit of 9,745.
Zhenhua New Materials (688707.SH): 2023 net profit pre-reduced by 92.93% to 91.35%
Gelonghui, January 26 | Zhenhua New Materials (688707.SH) announced its 2023 annual results forecast. According to preliminary estimates by the finance department, net profit attributable to owners of the parent company is expected to be 90 million yuan to 110 million yuan in 2023. Compared with the same period of the previous year (statutory disclosure data), it will decrease by 118.2.21 million yuan to 1,162.21 million yuan, a year-on-year decrease of 92.93% to 91.35%. Net profit attributable to the owner of the parent company after deducting non-recurring profit and loss was 85 million yuan to 105 million yuan, the same period as the previous year (statutory disclosure data)
Guizhou Zhenhua E-chem (SHSE:688707) Is Experiencing Growth In Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'll want to see a proven return on capital employed (ROCE) that is inc
Retail Investors Are Guizhou Zhenhua E-chem Inc.'s (SHSE:688707) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥385m Last Week
Key Insights Significant control over Guizhou Zhenhua E-chem by retail investors implies that the general public has more power to influence management and governance-related decisions A total of 8
Zhenhua New Materials (688707.SH): Since the second half of the year, orders for the company's ternary materials have resumed growth relatively rapidly
Gelonghui, December 25 | Zhenhua New Materials (688707.SH) said on the investor interactive platform that compared to the first half of the year, orders for the company's Sanyuan materials have resumed growth relatively rapidly since the second half of the year. At the same time, the supply chain and refined operation management have been strengthened, and profits per ton have clearly rebounded.
Zhenhua New Materials (688707.SH): The main product, the operating temperature range of lithium-ion batteries matched with monocrystalline ternary cathode materials is -20℃-40℃
Gelonghui November 30 | Zhenhua New Materials (688707.SH) said on the investor interactive platform that the company's main product, lithium-ion batteries matched with monocrystalline ternary cathode materials, have an operating temperature range of -20℃-40℃. Coupled with the excellent low temperature and safety performance of sodium electricity, it can effectively improve the problem of a sharp drop in battery range at low temperatures in winter.
Guizhou Zhenhua E-chem Inc.'s (SHSE:688707) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Guizhou Zhenhua E-chem (SHSE:688707) has had a rough three months with its share price down 8.3%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned
Zhenhua New Materials (688707.SH) plans to lower the fixed increase in capital raised to no more than 1.4 billion yuan
Zhenhua New Materials (688707.SH) issued an announcement, and the company's board of directors deliberated and approved “On adjusting the company to specific pairs...
[Instant Analysis of BT Financial Report] Zhenhua New Materials 2023 Third Quarter Report: The Path to Transformation Under Performance Pressure
Guizhou Zhenhua New Materials Co., Ltd. (stock code: 688707) is a high-tech enterprise focusing on the lithium salt field. However, according to its financial report for the third quarter of 2023, the company faced some challenges. This article will provide a detailed explanation of its financial report. First, the company's revenue for the first three quarters of 2023 fell 54.68% year on year. The main reason was that the price and sales volume of the company's products declined year on year due to falling lithium salt prices and slowing downstream demand. However, it is worth noting that with the increase in downstream demand, the company's product sales volume increased by more than 60% in the third quarter compared to the second quarter. This is likely
Zhenhua New Materials (688707.SH) released results for the first three quarters, with net profit of 375.927 million yuan, a year-on-year decrease of 96.26%
Zhenhua New Materials (688707.SH) released the report for the third quarter of 2023. The company achieved operating income in the first three quarters...
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