No Data
Sealand: The downstream demand in the Aluminum Industry continues to recover, maintaining a "recommend" rating for the industry. Pay attention to CHINAHONGQIAO and others.
Sealand released a Research Report stating that in the short term, downstream demand is still in the recovery process, with positive expectations in sectors such as photovoltaics and Autos, while Aluminum prices continue to fluctuate upwards. On the alumina side, as bauxite imports recover and alumina production capacity increases, the supply and demand of alumina is gradually heading towards loosening, and prices are oscillating at low levels. Considering the long-term growth in alumina production capacity, future prices will remain at low levels. The downstream is about to enter the peak demand season of "Golden March and Silver April," where Aluminum prices may perform more strongly, and the profitability of the electrolytic aluminum segment is expected to continue to rise, highlighting investment opportunities in the Sector. In the long term, the Aluminum Industry has limited supply growth, while demand still has growth points, and the Industry may maintain.
Getting In Cheap On Sealand Securities Co., Ltd. (SZSE:000750) Is Unlikely
Sealand: Initiates coverage on GCL TECH with a "Buy" rating. In 2024, the company continues to realize cost reductions.
Sealand released a Research Report stating that it initiates a "Buy" rating for GCL TECH (03800), as the company is a leader in granular silicon. Continuous cost reduction is expected to be realized in 2024, and silicon material prices are projected to rise throughout 2025. The company is regarded as bullish on consistently achieving cost reduction alpha. It is estimated that the company's net income attributed to the parent from 2024 to 2026 will be -3.8, 1, and 3.6 billion yuan, respectively, and the current stock price corresponds to a PE of 33 and 10 times for 2025 and 2026, respectively. Sealand's main points are as follows: Event: On January 21, GCL TECH announced that the shipment of silicon materials in 2024 would be 0.2819 million tons, with Q4 shipments being 7.
Guohai Securities: Guohai Securities Co., Ltd. 2024 Annual Results Report
Investors in Sealand Securities (SZSE:000750) Have Seen Returns of 22% Over the Past Year
Chinese Securities Body Joins Ordinary Representative Litigation in Jin Tong Ling Tech Case
The Three-year Loss for Sealand Securities (SZSE:000750) Shareholders Likely Driven by Its Shrinking Earnings
