000932 Hunan Valin Steel
- 4.57
- +0.03+0.66%
Hunan Valin Steel News
Hunan Valin Steel (000932.SZ): intends to increase capital by 1 billion yuan to Hunan Valin Henggang in proportion.
On December 9, Gelonghui reported that hunan valin steel (000932.SZ) announced that to support its subsidiary hunan valin steel in the implementation of the large-caliber seamless steel pipe continuous rolling technology development and industrial application project, the company and hunan steel group plan to increase capital in hunan valin steel proportionally by 1 billion yuan. Among them, hunan steel group will contribute 0.1409 billion yuan, and hunan valin steel will contribute 0.8591 billion yuan. The capital increase price will be determined based on the net asset value from the audit report of hunan valin steel for the fiscal year 2023, which will be audited by Tianjian Accounting Firm with December 31, 2023, as the benchmark date.
CICC's outlook on the steel industry in 2025: Expected far-reaching supply-side reforms, with the potential for accelerated capacity clearance.
In 2024, the Ministry of Industry and Information Technology has suspended the implementation of the steel capacity replacement, and in 2025, there is little chance for an increase in steel supply. Meanwhile, the optimization of existing capacity driven by policy may accelerate further, creating structural opportunities.
We Think Hunan Valin Steel (SZSE:000932) Is Taking Some Risk With Its Debt
China Securities Co., Ltd.: In 2025, steel prices will primarily remain volatile, reinforcing a new order of supply and demand under controlled production.
China's high-end special steel industry is still in a growth stage, with new energy, shipbuilding, and aviation industries in a period of vigorous development, deserving a certain valuation premium.
China Great Wall Securities: Q4 strong expected trade expected to continue, steel sector has broad room for recovery.
There may be room for policy adjustment, and the window period that is difficult to verify is expected to extend the time and space for the rebound of the steel sector.
Hunan Valin Steel's (SZSE:000932) Weak Earnings May Only Reveal A Part Of The Whole Picture
haitong int'l: Currently, steel consumption has peaked. The test remains after the profit rebound.
After the profit rebound, on November 1, 2024, the daily production of pig iron was about 0.09 million tons higher than the average daily production in August and September, with an annual increase of about 40 million tons of steel production.
Investors Could Be Concerned With Hunan Valin Steel's (SZSE:000932) Returns On Capital
Valin Steel: Report for the third quarter of 2024
Hunan Valin Steel (000932.SZ) released its performance for the first three quarters, with a net income of 1.771 billion yuan, a year-on-year decrease of 56.86%.
hunan valin steel (000932.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
CICC: Steel demand outlook has marginally improved, focusing on catalyzing the continuous evolution of the "expectation wave" market.
Since late September, market confidence has continued to boost, with significant increases in futures and spot prices of various steel products, leading to a significant recovery in steel company profits.
hunan valin steel (000932.SZ): The policy of 4 trillion yuan for pipeline renovation has been introduced, mainly to drive demand for pipelines in areas such as gas, water supply, and drainage.
Gelonghui October 12th | Hunan Valin Steel (000932.SZ) stated at the investor relations event that the 4 trillion pipeline renovation policy was introduced, mainly driving demand for pipelines in areas such as gas, supply water, and drainage. The company's seamless steel pipes are mainly used in the oil & gas sector, and the demand-driven impact is relatively limited.
Shareholders 16% Loss in Hunan Valin Steel (SZSE:000932) Partly Attributable to the Company's Decline in Earnings Over Past Three Years
Hunan Valin Steel (000932.SZ): The controlling shareholder and its concerted action parties have completed the shareholding of 69.0026 million shares.
On September 27th, GeLongHui reported that Hunan Valin Steel (000932.SZ) announced that on September 26, 2024, the company received a notice from the controlling shareholder Hunan Steel Group and its concerted action person Xianggang Group regarding the completion of the shareholding plan. From July 30, 2024, to the date of the announcement, Hunan Steel Group and the concerted action person have increased their shareholding by 69,0026 million shares through the Shenzhen Stock Exchange trading system by means of centralized bidding, accounting for 1.00% of the total share capital of the company (referred to as 'this shareholding'). This has reached the target of the current shareholding plan.
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.
Hunan Valin Steel (000932.SZ): The company has been consistently paying stable cash dividends for the past five years, with a cumulative dividend of over 8.3 billion yuan.
Hunan Valin Steel (000932.SZ) stated on the investor interaction platform that the company has consistently and steadily paid cash dividends for the past five years, with a cumulative dividend of over 8.3 billion yuan. The cash dividend ratio for the year 2023 is 31.29%, an increase of 5.30 percentage points compared to the previous year, ranking among the top three listed steel companies in terms of dividend yield. With the completion of ultra-low emission transformation and reduction in capital expenditure by the end of 2025, the dividend ratio is expected to further increase. In addition, the company will also maintain its market cap by improving the quality of information disclosure, exploring the company's strengths, and enhancing communication with investors.
Hunan Valin Steel (000932.SZ): Subsidiary Hunan Valin Henggang is a top three nationally competitive specialist seamless steel pipe supplier.
On September 19, hunan valin steel (000932.SZ) stated on the investor interaction platform that its subsidiary, hunan valin henggang, is a specialized seamless steel pipe supplier with top three competitiveness in the country. It has created three major product series of oil & gas pipes, pressure vessel pipes, and machinery processing pipes, as well as the HS product series with independent intellectual property rights. Its petroleum casing technology has reached the international advanced level and supplied to many benchmark enterprises at home and abroad, achieving a large-scale domestic substitution in the high-end field of seamless steel pipes. The company will actively focus on investment and cooperation opportunities in the seamless steel pipe industry.
CICC: Both profitability and valuation are at the bottom of the cycle, and the steel industry consolidation is expected to further accelerate.
Currently, the steel industry's profitability and valuation are both at the bottom of the cycle, there is no need to be pessimistic, and industry consolidation is expected to further accelerate.
Improved Earnings Required Before Hunan Valin Steel Co., Ltd. (SZSE:000932) Shares Find Their Feet
Valin Steel: 2024 Semi-Annual Report Summary
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