Yongxing Special Materials Technology: 2024 Interim Performance Forecast

Sensex a share12:00 ET · Announcements

Yongxing Special Materials Technology (002756.SZ) expects a year-on-year decline of 56.93%-62.7% in net income for the first half of the year.

Yongxing Special Materials Technology (002756.SZ) announced that its net income for the first half of the year is expected to be between 710 million yuan and 820 million yuan, a decrease of 56.93% to 62.70% compared to the same period last year. Non-GAAP net income is expected to be between 540 million yuan and 650 million yuan, a decrease of 65.96% to 71.72% compared to the same period last year. From January to June 2024, the company increased its business in special steel new materials, expanded its market share, and continued to adjust and optimize its product structure, steadily improving its profitability. However, in the company's new energy fund, the price of lithium carbonate in carbonated lithium

Gelonghui FinanceJul 9 08:56 ET

Yongxing Special Materials Technology (002756.SZ) has repurchased 1.87% of its shares.

Yongxing Special Materials Technology (002756.SZ) announced on July 2nd that as of June 30th, 2024, the company has repurchased a total of 10,065,888 shares through a repurchase special securities account using centralized bidding trading method, accounting for 1.87% of the total share capital of the company. The highest fill price was 53.05 yuan/share, the lowest fill price was 35.54 yuan/share, and the total transaction amount was 458 million yuan (excluding transaction costs, etc.).

Gelonghui FinanceJul 2 04:25 ET

Guolian Securities: Significant increase in May's supply of lithium carbonate, further easing of supply.

Based on the import volume of lithium salts in China from January to May, as well as the domestic production and sales volume of new energy, the current supply of lithium salts is still in a loose state.

Zhitong FinanceJul 2 02:43 ET

Does This Valuation Of Yongxing Special Materials Technology Co.,Ltd (SZSE:002756) Imply Investors Are Overpaying?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Yongxing Special Materials TechnologyLtd fair value estimate is CN¥29.01 Current share price of CN¥37.00 suggests Yongxing Special Materials

Simply Wall StJun 27 20:58 ET

Huafu Securities: Significant improvement in supply in May leads to oversupply and undersupply, and lithium prices may be at the bottom-seeking stage.

During the seasonal off-season in June and July, production of iron lithium and ternary batteries may continue to decline. The proportion of downstream orders for long-term customers has increased, and the surplus highlights the possibility of continued weakness in lithium prices, currently in a bottom-finding stage.

Zhitong FinanceJun 24 02:05 ET