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Cangzhou Mingzhu PlasticLtd (SZSE:002108) Is Reinvesting At Lower Rates Of Return
Cangzhou mingzhu plastic (002108.SZ): The company's separator products have a total designed production capacity of 0.49 billion square meters for the production lines that have already been put into operation.
On November 28, at Gelonghui, Cangzhou Mingzhu (002108.SZ) stated on the investor interaction platform that as of now, the production lines of the company's separator products have a total annual design capacity of 0.49 billion square meters. Currently, the capacity of separator products under construction includes a wet separator project with an annual output of 0.2 billion square meters invested in Wuhu, as well as a wet separator project with an annual output of 1.2 billion square meters and a dry separator project with an annual output of 0.5 billion square meters, both invested in Cangzhou. As of now, the already operational BOPA film production lines have a total annual design capacity of 0.0665 million tons, and the capacity under construction is 0.038 million tons; the annual design capacity of PE pipe products is approximately.
cangzhou mingzhu plastic (002108.SZ): Currently, the company's main customers for separator products include Samsung SDI, BYD, contemporary amperex technology, and Sinopoly.
On November 26, Gelonghui reported that Cangzhou Mingzhu (002108.SZ) stated on the investor interaction platform that currently, the main customers for the company's separator products include Samsung SDI, BYD, Contemporary Amperex Technology, and New Energy Security. The company's lithium battery separator products benefit from the rapid development of electric vehicles and lithium batteries.
Pearl of Cangzhou: Report for the third quarter of 2024
Cangzhou Mingzhu plastic (002108.SZ) released its performance for the first three quarters, with a net income of 0.138 billion yuan, a year-on-year decrease of 43.02%.
cangzhou mingzhu plastic (002108.SZ) released the third quarter report of 2024, in the first three quarters, the company achieved revenue...
Cangzhou Mingzhu Plastic (002108.SZ): net income of 0.138 billion yuan in the first three quarters, a year-on-year decrease of 43.02%.
On October 29, Gelonhui reported its third quarter financial results for 2024. The company achieved revenue of 1.962 billion yuan in the first three quarters, a 1.54% year-on-year decrease; net income attributable to shareholders of the listed company was 0.138 billion yuan, a 43.02% year-on-year decrease; net income attributable to shareholders of the listed company excluding non-recurring gains and losses was 0.123 billion yuan, a 46.66% year-on-year decrease; and basic earnings per share were 0.0831 yuan.
The Market Doesn't Like What It Sees From Cangzhou Mingzhu Plastic Co.,Ltd.'s (SZSE:002108) Earnings Yet
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