The increase in ship prices combined with low raw material prices gradually reveals the shipyard's profits. China CSSC Jiangnan Shipbuilding's order schedule has reached 2028 | Company research.
① Jiangnan Shipbuilding's handheld order continues to increase, reaching 100 vessels by September, and currently, the new civilian ship orders are basically scheduled until 2028; ② The price of the 0.015 million TEU container ship market has increased by another 10% compared to last year, with tight supply and demand as the main reason; ③ Jiangnan Shipbuilding is reducing costs through initiatives such as storage supply chain reform and plans to double production capacity.
Aluminum Corporation of China: It is expected that the prices of electrolytic aluminum and alumina will continue to run at high levels in the second half of the year | Direct hit earnings conference
①Ge Xiaolei, the CFO and secretary of the board of directors, holds a relatively optimistic attitude towards the future market of electrolytic aluminum and alumina; ②Recently, there has been a change in leadership at Aluminum Corporation of China, and the industrial and commercial change has been completed.
Q2 turns from profit to loss, China Northern Rare Earth: It is expected that Q3 earnings will improve slightly compared to the previous quarter | Direct hit on the earnings conference
1. In the first half of this year, China Northern Rare Earth's revenue and total profit only achieved 30.21% and 7.77% of the annual plan, respectively, with a year-on-year loss in Q2 compared to profit. 2. The company revealed that since the third quarter of this year, there has been a noticeable improvement in downstream consumer sector orders compared to the second quarter, with a simultaneous increase in sales of main products. 3. In the later period, as the market situation improves, the signs of impairment of the company's products will gradually diminish, and it is expected that the gross margin will improve month-on-month in the third quarter.
Avic Aviation High-Technology: The commercial engine composite materials field is a new business growth point for the company | Earnings conference
1. The commercial aircraft engine composite materials field may become the company's new business growth point; 2. The honeycomb product has been certified by Airbus and has achieved exports, and the current order volume is stable.
After reaching production or years of tens of billions of profit growth, two projects of China Shenhua Energy have been approved by the National Development and Reform Commission.
①The total investment exceeds 26 billion yuan, and the New Street No.1 and New Street No.2 projects of the china shenhua energy subsidiary have been approved by the National Development and Reform Commission; ②The construction scale of the two projects is 8 million tons per year, and the estimated annual profit after reaching production can be close to 6 billion yuan.
The price of China Northern Rare Earth has been raised by nearly 5% on the listed price! The expected improvement in the supply and demand situation in the industry is expected to bring the price of praseodymium-neodymium oxide back to 0.44 million yuan/t
① PrNd oxide has reached the price of 0.4 million yuan/ton again, coupled with the slowing growth of the second batch of rare earth indicators this year, the rare earth industry is regaining confidence; ② In September, the listing price of several rare earth products in Northern Rare Earth increased by nearly 5% month-on-month, which is also the second time this year that the company's listing price has been "high"; ③ Analysts believe that the future rare earth prices are expected to stabilize, and it is expected that this wave of rare earth price increases will reach about 0.44 million yuan/ton.