002182 Baowu Magnesium Technology
- 10.67
- -0.03-0.28%
Baowu Magnesium Technology News
Can Mixed Fundamentals Have A Negative Impact on Baowu Magnesium Technology Co., Ltd. (SZSE:002182) Current Share Price Momentum?
Baowu Magnesium: Report for the third quarter of 2024
Baowu Magnesium Technology (002182.SZ): net income of 0.154 billion yuan in the first three quarters, a year-on-year decrease of 25.88%.
GeLongHui October 28th | Baowu Magnesium Technology (002182.SZ) announced its third quarter report for 2024, with the company achieving revenue of 6.347 billion yuan in the first three quarters, a year-on-year increase of 14.09%; the net income attributable to shareholders of the listed company was 0.154 billion yuan, a year-on-year decrease of 25.88%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.124 billion yuan, a year-on-year decrease of 33.73%; and the basic earnings per share were 0.1550 yuan.
Baowu Magnesium Technology (002182.SZ) released its performance for the first three quarters, with a net income of 0.154 billion yuan, a year-on-year decrease of 25.88%.
Baowu Magnesium Technology (002182.SZ) released its third-quarter report for 2024. In the first three quarters, the company achieved revenue...
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Baowu Magnesium Technology (002182.SZ): The price changes of magnesite ore have no impact on the company.
Gelonghui September 24th, Baowu Magnesium Technology (002182.SZ) stated on the investor interaction platform that the company does not have magnesite ore, currently all mining rights are for magnesite ore, and the price changes of magnesite ore do not affect the company.
Baowu Magnesium Technology (002182.SZ): Supplying dashboard brackets to Xiangjie.
Baowu Magnesium Technology (002182.SZ) stated on the investor platform that the company supplies dashboard brackets to Xiangjie.
Baowu Magnesium Technology's (SZSE:002182) Solid Profits Have Weak Fundamentals
Baowu Magnesium Technology (002182.SZ): As of July 31, the company had 44,804 shareholders.
Baowu Magnesium Technology (002182.SZ) stated on the investor interaction platform on August 1 that as of July 31, 2024, the company had a shareholder count of 44,804.
Baowu Magnesium Technology: Summary of Half-Year Report in 2024.
Baowu Magnesium Technology: Half-year report for the year 2024.
Baowu Magnesium Technology (002182.SZ): Net income for the first half of the year was 0.1198 billion yuan, a year-on-year decrease of 1.28%.
Baowu Magnesium Technology (002182.SZ) released its 2024 interim report on July 30, with operating revenue of 4.075 billion yuan during the reporting period, an increase of 15.37% year-on-year; net profit attributable to shareholders of the listed company was 0.1198 billion yuan, a decrease of 1.28% year-on-year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.103 billion yuan, a decrease of 6.86% year-on-year; basic earnings per share was 0.1208 yuan. The company experienced a decline in performance compared with the same period last year due to a drop in product sales prices.
Capital Allocation Trends At Baowu Magnesium Technology (SZSE:002182) Aren't Ideal
Baowu Magnesium Technology (SZSE:002182) Investors Are up 4.8% in the Past Week, but Earnings Have Declined Over the Last Five Years
As of June 28, 2024, baowu magnesium technology (002182.SZ) had 43,967 shareholders.
Baowu Magnesium Technology (002182.SZ) stated on the investor interaction platform on July 1st that as of June 28, 2024, the company had 43,967 shareholders.
Baowu Magnesium Technology (002182.SZ): has established technical and marketing teams in various fields such as automobiles, 3C, construction templates, magnesium hydrogen storage, and low-altitude economic applications.
Baowu Magnesium Technology (002182.SZ) stated at an investor relations event that (1) reducing magnesium production costs to enhance cost competitiveness. (2) Establishing technical and marketing teams in various fields such as autos, 3C, building templates, magnesium hydrogen storage, and low-altitude economic applications, deeply involved in customer product design to improve all-around design services and lead the application of new materials. (3) Increasing the innovation and development capabilities of magnesium product types, production technologies, and product applications to meet the needs of product performance.
Baowu Magnesium Technology (002182.SZ): Participating subsidiary, Baomark (Hefei) Technology has the capacity to produce photovoltaic steel frames.
On June 14th, 2024, Baowu Magnesium Technology (002182.SZ) accepted a specific research on whether the company develops photovoltaic border products. The company responded that its joint venture subsidiary, Baomark (Hefei) Technology Co., Ltd, has the ability to produce photovoltaic steel border frames. Steel border frames have low cost, high strength, and are environmentally friendly with good competitive advantages.
Baowu Magnesium Technology (002182.SZ): The Chaohu Yunhai expansion project will start production in the second half of 2024, while the Wutai Yunhai expansion project is under construction.
On June 14th, Gelunhui reported that Baowu Magnesium Technology (002182.SZ) accepted a specific inquiry on June 14th, 2024, regarding the "company's future original magnesium production capacity plan?" The company replied that it is building a new 50,000-ton original magnesium production capacity in Chaohu, a new 100,000-ton original magnesium production capacity in Wutai, and a new 300,000-ton original magnesium production capacity in Qingyang. With the production expansion in various regions, the scale of production capacity for original magnesium and magnesium alloy will be able to reach 500,000 tons each. Currently, Anhui Baomagnesium has entered the stage of climbing production capacity, and the Chaohu Yunhai expansion project will begin production in the second half of 2024, while the Wutai Yunhai expansion project is under construction.
Baowu Magnesium Technology (002182.SZ): Currently, Anhui Baomagnesium has entered the stage of climbing production.
On June 12, 2024, Baowu Magnesium Technology (002182.SZ) received a specific inquiry regarding the progress of the company's original magnesium expansion. The company replied that Anhui Baomagnesium has now entered the production climbing stage. The Chaohu Yunhai expansion project will start production in the second half of 2024, and the Wutai Yunhai expansion project is currently under construction.
Baowu Magnesium Technology (002182.SZ): Annual equity distribution of 10 shares for every 4 shares held, with a dividend of 1.3 yuan. The record date for the equity is June 13, 2023.
Baowu Magnesium Technology (002182.SZ) announced that the company's annual equity distribution plan for 2023 is based on the existing total share capital of 708,422,538 shares, distributing 4 bonus shares for every 10 shares to all shareholders, and distributing RMB 1.3 yuan in cash (tax included). The equity distribution record date for this distribution is June 13, 2024, and the ex-dividend date is June 14, 2024.
Analysis
Price Target
No Data
No Data