000877 Tianshan Material
- 6.28
- -0.20-3.09%
Tianshan Material News
Net income plummeted by over 74 times, with a loss of 3.7 billion in the first three quarters, xinjiang tianshan cement, the leading company in the cement industry, still has bonds outstanding amounting to 6 billion.
1. The structural overcapacity contradiction in the cement industry remains prominent. 2. Analysis points out that the company faces potential risks of accounts receivable, inventory, and goodwill impairment.
Tianshan shares: report for the third quarter of 2024
cnbm (03323): xinjiang tianshan cement (000877.SZ) recorded a net loss attributable to the parent company of 3.748 billion yuan in the first three quarters.
CNBM (03323) announced that, as of the nine months ended September 30, 2024, xinjiang tianshan cement (000...
Xinjiang Tianshan Cement (000877.SZ): a net loss of 3.748 billion yuan in the first three quarters.
On October 25, GeLongHui reported that Xinjiang Tianshan Cement (000877.SZ) released its third quarter report. In the first three quarters of 2024, the company achieved revenue of 61.46 billion yuan, a decrease of 23.55% year-on-year; a net loss of 3.748 billion yuan attributable to shareholders of the listed company, a decrease of 7471.10% year-on-year; a net loss of 4.11 billion yuan after deducting non-recurring gains and losses, a decrease of 930.47% year-on-year; and a basic EPS of -0.4506 yuan per share.
Xinjiang Tianshan Cement (000877.SZ): 10 billion yuan medium-term notes approved for registration
Gelonghui October 23rd | Xinjiang Tianshan Cement (000877.SZ) announced that the company recently received the Trader's Association's "Acceptance of Registration Letter" (Zhongshixie Zhu [2024] MTN995), agreeing to accept the registration of the company's medium-term notes. The main contents of the "Acceptance of Registration Letter" are as follows: 1. The company's medium-term notes registration amount is 10 billion yuan, and the registered quota is valid for 2 years from the date of the notice. 2. During the valid registration period, the company can issue medium-term notes in installments. After the issuance is completed, the results should be disclosed through channels approved by the Trader's Association.
Improved Revenues Required Before Tianshan Material Co., Ltd. (SZSE:000877) Stock's 33% Jump Looks Justified
Is Tianshan Material (SZSE:000877) A Risky Investment?
Ping An Securities: Cement is planned to be included in the carbon trading market, and leading enterprises will relatively benefit.
From a fundamental perspective, the average national cement price in August remained stable with a slight decline, with the cni yangtze index experiencing a drop in cement prices due to weak demand and impact from external markets. With the peak season of September and October approaching, there is still a possibility of price increases in various regions, with subsequent attention to demand recovery and progress in coordinated production cuts in various regions.
Tianshan Material Co., Ltd.'s (SZSE:000877) Share Price Is Matching Sentiment Around Its Revenues
Xinjiangtianshan Cement Swings to H1 Loss as Operating Income Drops 26%; Shares Down 6%
Tianshan Co., Ltd.: 2024 Semi-Annual Report Summary
Tianshan shares: 2024 semi-annual report
Xinjiang Tianshan Cement (000877.SZ) reported a huge loss of 3.414 billion yuan in the first half of the year, with cement demand continuing to decline significantly. The production volume is at its lowest level in over a decade.
Xinjiang Tianshan Cement (000877.SZ) released its 2024 interim report, during the reporting period, the company achieved revenue of 3...
Tianshan Material Faces Steep Financial Downturn
Xinjiang Tianshan Cement (000877.SZ): The net loss in the first half of the year was 3.4 billion yuan, turning a year-on-year loss.
Xinjiang Tianshan Cement (000877.SZ) released its semi-annual report, with revenue of 39.699 billion yuan, a year-on-year decrease of 25.72%. The net loss was 3.4 billion yuan, with a year-on-year loss and a non-GAAP net loss of 3.686 billion yuan, with an expanded loss. The basic earnings per share were -0.394 yuan.
Express News | Tianshan Material Says It Swings to H1 Net Loss of 3.4 Bln Yuan
Xinjiang Tianshan Cement (000877.SZ): Shenzhen Stock Exchange terminates its review of the company's application for issuing convertible bonds.
On August 7, 2024, Xinjiang Tianshan Cement (stock code 000877.SZ) received the 'letter of concern' issued by the Shenzhen Stock Exchange regarding the company's disclosure obligations, and has taken corresponding remedial measures.
CNBM subsidiary plans to acquire a comprehensive cement enterprise in Tunisia for $0.13 billion.
CNBM (03323) announced that on July 26, 2024, China National Building Material Cement (the company's subsidiary) entered into a share purchase agreement with Votorantim Cimentos, agreeing to sell all shares of Société Les Ciments de Jbel Oust to China National Building Material Cement, with a total consideration of approximately $0.13 billion (subject to certain adjustments) after the share acquisition delivery, the target company and its subsidiary GJO will become indirect subsidiaries of the company. As of the date of this announcement.
Tianshan Material (SZSE:000877) Stock Falls 4.3% in Past Week as Three-year Earnings and Shareholder Returns Continue Downward Trend
Xinjiang Tianshan Cement (000877.SZ): Currently, the cement industry has not yet been officially included in the national carbon trading market.
On July 19th, Tianshan Cement (000877.SZ) stated during an investor relations event that the cement industry has not yet been officially included in the national carbon trading market, and the company will continue to monitor national carbon trading policies while actively preparing for them. In the future, the cement industry's inclusion in the national carbon trading market will have a significant impact on cement companies in terms of production, operation, data management, and trading costs. The company attaches great importance to the 'dual carbon' work and plans to reduce carbon emissions at the source, lower the carbon footprint during the production process, fix carbon at the end, and manage the carbon footprint of the entire process. It is actively involved in policy research related to the cement industry's inclusion in the national carbon trading market.
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