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Individual Investors Invested in Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Copped the Brunt of Last Week's CN¥718m Market Cap Decline
Xinxing Foundry: Report for the third quarter of 2024
Xinxing Ductile Iron Pipes Co., Ltd.'s (SZSE:000778) Low P/E No Reason For Excitement
Everbright Securities: The long-term value of sector allocation may gradually become prominent, focusing on undervalued steel sector and central SOE investment opportunities.
Currently, the steel industry has weak demand, and industry profits are at low levels. However, with the completion of the medium to long-term industry ultra-low emission transformation and further inclusion in the carbon trading market, the long-term value of sector allocation may gradually become more prominent.
Xinxing Ductile Iron Pipes (000778.SZ): The canal is a channel that is artificially excavated, and it does not have a direct impact on the sales of ductile iron pipes.
Xinxing Ductile Iron Pipes (000778.SZ) stated in its investor relations activity on September 12th that a canal is a channel created through artificial excavation, connecting different bodies of water to facilitate water transportation. It does not directly impact the sales of ductile iron pipes. However, subsequent agricultural irrigation, urban water supply, and other projects may indirectly generate orders.
Xinxing Ductile Iron Pipes (SZSE:000778) Will Be Hoping To Turn Its Returns On Capital Around
Returns On Capital Signal Tricky Times Ahead For Xinxing Ductile Iron Pipes (SZSE:000778)
