JiangSu JiuWu Hi-Tech's (SZSE:300631) Profits May Be Overstating Its True Earnings Potential
Kyugo Hi-Tech: Report for the third quarter of 2024
Jiangsu Jiuwu Hi-Tech (300631.SZ) released its performance for the first three quarters, with a net income of 20.2997 million yuan, an increase of 75.91%.
Jiangsu Jiuwu Hi-Tech (300631.SZ) released the third quarter report for 2024. In the first three quarters, the company achieved revenue...
Jiangsu Jiuwu Hi-Tech (300631.SZ): The net income in the third quarter was 8.45 million yuan, a year-on-year increase of 269.73%.
Jiangsu Jiuwu Hi-Tech (300631.SZ) announced its third quarter report for 2024 on October 21st. During the reporting period, the revenue was 99.41397 million yuan, a decrease of 31.94% year-on-year; the net income attributable to shareholders of the listed company was 8.45 million yuan, an increase of 269.73% year-on-year; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 7.5413 million yuan, an increase of 367.07% year-on-year; the basic earnings per share was 0.0637 yuan.
Investors Appear Satisfied With JiangSu JiuWu Hi-Tech Co., Ltd.'s (SZSE:300631) Prospects As Shares Rocket 37%
Jiangsu Jiuwu Hi-Tech (300631.SZ): The products can be applied in the fine separation process of the pharmaceutical industry.
gelonhui September 27th, jiangsu jiuwu hi-tech (300631.SZ) stated on the investor interaction platform that the company's products can be used in the fine separation process of the pharmaceutical industry.
Jiangsu Jiuwu Hi-Tech (300631.SZ) is expected to win the bid for a project worth 0.1956 billion yuan.
On September 12, Geelong reported that jiangsu jiuwu hi-tech (300631.SZ) announced that on September 11, 2024, the China National Chemical Corporation's business electronic bidding platform issued the "0.04 million tons/year basic lithium salt integration project adsorption lithium extraction unit aluminum-based adsorbent section one (re-bidding) bid candidate publicity", and the company is the first bid candidate for the project, with a pre-bidding amount of 0.1956 billion yuan.
Kyugo Hi-Tech: 2024 Semi-Annual Report
Kyugo Hi-Tech: 2024 Semi-Annual Report Summary
Kyugo Hi-Tech (300631.SZ): The main product is an overall solution for membrane integration technology centered on separation materials such as ceramic films, organic films, lithium adsorbents, etc.
Gelonghui, May 28, 丨 Jiuwu Hi-Tech (300631.SZ) said on the investor interactive platform that the company's main products are integrated membrane technology solutions centered on separation materials such as ceramic films, organic films, lithium adsorbents, etc., and are promoted and applied in biopharmaceuticals and biomass ethanol production scenarios.
Kyugo Hi-Tech (300631.SZ) 2023 equity distribution: 1.8 yuan for every 10 shares, share registration on May 29
Kyugo Hi-Tech (300631.SZ) issued an announcement. The company's 2023 equity distribution plan is: With the company's current...
Jiuwu Hi-Tech (300631.SZ): It is proposed to raise no more than 243.9 million yuan in capital for the BOT project of a lithium chloride pilot production line with an annual output of 2,000 tons in Bangocuo Salt Lake using simple procedures, etc.
Gelonghui April 15 | Jiuwu Hi-Tech (300631.SZ) announced plans to issue shares to specific targets in 2024 using a simple procedure. The total capital raised in this offering was no more than 243.9 million yuan (including the number of shares), no more than RMB 300 million, and no more than 20% of net assets at the end of the most recent year; after deducting the relevant issuance fees, the net amount of capital raised will be used for the BOT project of a pilot production line with an annual output of 2,000 tons of lithium chloride in Bangor Salt Lake.
Kyugo Hi-Tech (300631.SZ): 1.332% of shares have been repurchased cumulatively
Gelonghui, April 2, 丨 Jiuwu Hi-Tech (300631.SZ) announced that as of March 31, 2024, the company had repurchased 1,633,600 shares through a dedicated securities account, accounting for 1.3320% of the company's current total share capital. The highest transaction price for the repurchased shares was 31.00 yuan/share, the minimum transaction price was 15.02 yuan/share, and the total transaction amount was RMB 38,837,784.34 (excluding transaction fees).
Kyugo Hi-Tech (300631.SZ): Proposed 4.385 million restricted stock incentive plan
Gelonghui March 26 | Jiuwu Hi-Tech (300631.SZ) announced the 2024 restricted stock incentive plan. The number of restricted shares to be granted is 4.385 million shares, accounting for 3.58% of the company's total share capital of 12,264.2024 million shares when the draft capital incentive plan was announced. The first restricted share grant price for the first time was 11.76 yuan/share, and a total of 60 incentive recipients were granted for the first time.
Jiuwu Hi-Tech (300631.SZ): It has completed the construction of a total production capacity of 6,000 tons/year of lithium adsorbents in the Tibetan Industrial Park
Gelonghui March 18 | Jiuwu Hi-Tech (300631.SZ) held a performance briefing on March 18, 2024. Regarding “Please inquire about the progress of the company's various construction projects for lithium extraction in Salt Lake, the estimated completion time, and the capacity utilization rate and expected changes of the completed and put into operation”, the company replied that the second phase of the company's 4,000 tons/year lithium adsorbent project located in the Tibetan Industrial Park was completed and put into operation in August 2023. So far, the company has completed the construction of a total production capacity of 6,000 tons/year of lithium adsorbents in the Tibetan Industrial Park. In 2023, the utilization rate based on the production capacity completed in the current year was 55.38
Kyugo Hi-Tech (300631.SZ): Currently, a demonstration project has been built in the direction of resource utilization of titanium gypsum
Gelonghui March 18 | Jiuwu Hi-Tech (300631.SZ) held a performance briefing on March 18, 2024. Regarding “Regarding the two new businesses of titanium gypsum (titanium dioxide recycling) and photovoltaic cutting fluid, what progress will be made in 2024? How much sales revenue will it generate?” The company replied that the company has now built a demonstration project in the direction of the resource utilization of titanium gypsum, which has created good benefits for customers. In '23, the company also carried out further R&D and upgrades in titanium gypsum resource technology to reduce investment costs and expand application scenarios; the photovoltaic sector cutting liquid treatment business was 20 after the layout of previous years
Jiuwu Hi-Tech (300631.SZ): High-filling ceramic membranes have been successfully used in mine water and tap water treatment projects
Gelonghui March 18 丨 Jiuwu Hi-Tech (300631.SZ) held a performance briefing on March 18, 2024, to discuss “How much does ceramic film currently account for the company's revenue? What is the current ranking of ceramic film segments? In addition to salt lake purification, what other fields will it be used in?” The company replied that the company is a leading enterprise in the domestic ceramic membrane industry. Ceramic film is one of the key core materials of the company's products. It is mainly used in industrial fluid fields such as chlor-alkali chemical salt water purification, amino acid/organic acid/antibiotic separation, and fuel ethanol separation. The new product the company has focused on in recent years - high-filling ceramic membrane - has been successfully applied
Kyugo Hi-Tech (300631.SZ): There are still orders for adsorbent products
Gelonghui March 18 丨 Jiuwu Hi-Tech (300631.SZ) held a performance briefing on March 18, 2024 to discuss “How much is the current order amount for the company's adsorbent products? Are orders saturated? What was the company's adsorbent production capacity utilization rate in the first quarter of this year? What is the estimated annual capacity utilization rate?” The company replied that the company still has orders for adsorbent products. The first quarter of this year is not over yet, so capacity utilization cannot be calculated for the time being. Generally, the company will make a production plan for adsorbents based on factors such as adsorbent orders and conventional storage volume, so production capacity utilization
Jiugo Hi-Tech (300631.SZ): The design work for the Bangocuo Salt Lake BOT project has basically been completed
Gelonghui March 18 | Jiuwu Hi-Tech (300631.SZ) held a performance briefing on March 18, 2024 to discuss “How far have the company's two BOT salt lake lithium extraction projects progressed? Will the company have a larger 10,000-ton industrial project this year?” The company replied that the design work for the company's Bangocuo Salt Lake BOT project has basically been completed, and work related to procurement and production is currently being carried out. For the Djibouti Tea Card BOT project, the company is currently actively promoting project design and cooperating with the owners to complete various administrative approval procedures before project construction.
Why Investors Shouldn't Be Surprised By JiangSu JiuWu Hi-Tech Co., Ltd.'s (SZSE:300631) 26% Share Price Surge
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