Research Reports Mining丨CICC: Maintains Sinoma Science & Technology 'Outperform Industry' rating, raises Target Price by 6% to 17.7 yuan.

According to the research report from China International Capital Corporation, Sinoma Science & Technology (002080.SZ) is expected to have a Net income of 0.89 billion yuan in 2024, a decrease of 60% year-on-year, while the Net income excluding non-recurring items is expected to be 0.38 billion yuan, an 80% decrease year-on-year. The non-recurring gains and losses are primarily contributed by government subsidies, which amounted to 0.64 billion yuan for the year, and the company's Net income excluding non-recurring items basically meets our expectations. In Q4 2024, the net income per ton for fiberglass and products has stabilized and is ready for a rebound. In 2025, with the increase in prices for high-end products, it is believed that the company's net income per ton will have significant recovery elasticity. Considering the price increases in the company's fiberglass and Blade businesses, as well as the ramp-up of LowDK products, the forecast for 2025/2026 has been raised.

Gelonghui Finance05:23 ET

Sinoma Science & Technology's 2024 Profit Declines 60%

MT Newswires23:14 ET

CNBM (03323): Sinoma Science & Technology (002080.SZ) reported a net income of 0.892 billion yuan for the year, a decrease of 59.89% year-on-year.

CNBM (03323) announced its subsidiary Sinoma Science & Technology (002080.SZ) as of December 3, 2024...

Zhitong Finance18:46 ET

Sinoma Technology: 2024 Annual Report Summary

SZSI12:00 ET · Announcements

Sinoma Technology: 2024 Annual Report

SZSI12:00 ET · Announcements

Sinoma Science & Technology (002080.SZ): plans to apply for registration to issue medium-term notes not exceeding 3 billion yuan and CSI Enterprise bond Index not exceeding 3 billion yuan.

On March 19, Gelonghui reported that Sinoma Science & Technology (002080.SZ) announced plans to raise funds through the domestic application for the registration and issuance of medium-term notes (MTN) not exceeding 3 billion yuan and CSI Enterprise bond Index not exceeding 3 billion yuan, in order to meet funding needs, optimize the debt structure, and reduce financial costs, considering the changes in the domestic macroeconomic situation.

Gelonghui FinanceMar 19 11:22 ET