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The Past Three Years for Tianshan Material (SZSE:000877) Investors Has Not Been Profitable
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.
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