600496 Changjiang & Jinggong Steel Building
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Changjiang & Jinggong Steel Building News
Seiko Steel Structure 2024 Semi-Annual Report
Summary of Seiko Steel\'s 2024 Semi-Annual Report
Changjiang & Jinggong Steel Building (600496.SH): net income of 0.273 billion yuan in the first half of the year, a year-on-year decrease of 30.17%.
Changjiang & Jinggong Steel Building (600496.SH) released its semi-annual report on August 27th. During the reporting period, the company accumulated new signed contracts totaling 12.24 billion yuan, a year-on-year growth of 9.4%. The revenue was 7.654 billion yuan, basically flat compared to the same period last year. The net income attributable to the parent was 0.273 billion yuan, a year-on-year decrease of 30.17%. The operating cash flow was 0.222 billion yuan, a year-on-year increase of 238%. Despite the decrease in revenue and profit compared to the same period last year, there was a significant improvement compared to the first quarter: the revenue increased by 24% and the net income attributable to the parent increased by 80% compared to the previous quarter.
Changjiang & Jinggong Steel Building (600496.SH): Consortium won the bid for the overall contract of design, procurement, and construction of the Zhejiang Province Asia Vets Ship Innovation Center.
On August 26, GeLng Hui announced that Changjiang & Jinggong Steel Building (600496.SH) recently successfully won the bid for the EPC project of Zhejiang Intelligent Shipbuilding Innovation Center's design-procurement-construction, with a bid amount of 876.788805 million yuan, accounting for 5% of the company's most recent audited revenue. The project was jointly awarded to Changjiang & Jinggong Green Building Technology Group Co., Ltd., Zhejiang Construction Group Co., Ltd., and Zhejiang Architecture Design and Research Institute Co., Ltd., subordinates of the company. The company actively pursues a strategic transformation from steel structure specialty subcontracting to general contracting.
Changjiang & Jinggong Steel Building (600496.SH): The cumulative contract amount for the first half of the year was 12.24 billion yuan, a year-on-year increase of 9.4%.
On July 16th, Gelonghui reported that Changjiang & Jinggong Steel Building (600496.SH) announced that from January to June 2024, the company (including its holding subsidiaries) signed a total of 254 new contracts with a cumulative contract amount of 12.24 billion yuan, a YoY growth of 9.4%. From April to June 2024, the company (including its holding subsidiaries) signed 125 new contracts with a cumulative contract amount of 6.14 billion yuan, a YoY growth of 8.0%. From January to June 2024, the company's steel structure sales volume was 0.568 million tons, a YoY decrease of 1.4%, of which the steel structure sales volume from April to June was 0.275 million tons, a YoY decrease of 15.1%.
Changjiang & Jinggong Steel Building (Group) (SHSE:600496) Could Be A Buy For Its Upcoming Dividend
Changjiang & Jinggong Steel Building (600496.SH) plans to distribute a dividend of 0.6 yuan per 10 shares in 2023, with ex-rights and ex-dividends on July 1.
Changjiang & Jinggong Steel Building (600496.SH) announced that it plans to distribute cash to all shareholders in the year 2023, at a rate of 10 shares per cash distribution...
Changjiang & Jinggong Steel Structure Bags Saudi Arabian Stadium Project for $117 Million
Seiko Steel (600496.SH): won the bid for the US$117 million professional steel structure contract business for the Saudi Dammam Stadium project
Gelonghui, May 21丨Precision Steel Structure (600496.SH) announced. Recently, the company successfully won the bid for the steel structure specialty contracting business for the Saudi DAMMAMSTADIUM project (“Saudi Dammam Stadium” for short). The winning bid amount was US$117 million (equivalent to about RMB 844 million), accounting for about 5% of the company's most recent audited revenue. This project is another major landmark project that the company won the bid for in Saudi Arabia after participating in the construction of landmarks such as the Saudi Imperial Tower, Saudi Jeddah International Airport, and Mecca Railway Station in the Middle East. It is also the company is actively responding to the “Belt and Road” initiative.
Seiko Steel Structure (600496.SH): Successfully undertook the steel structure project for the Fengshu Guangzhou International Food Intelligent Production Base and South China Supply Chain Procurement and Distribution Center project
Gelonghui, May 8, 丨 Precision Steel (600496.SH) announced that recently, the company successfully undertook steel structure projects for Fengshu Guangzhou International Food Intelligent Production Base and South China Supply Chain Procurement and Distribution Center projects, with a total amount of 307 million yuan. This project is another project cooperation between the company after participating in the construction of Fengshu's logistics industrial park projects in Henan, Guangxi, Hubei and other places. The undertaking of this project fully demonstrates that in the field of industrial construction business, the company increases customer stickiness by providing high-quality construction services, creates a “leading customer group circle of friends”, and continuously implements the business undertaking strategy. The project's legacy
Seiko Steel (600496.SH) undertakes 307 million yuan steel structure project
Seiko Steel (600496.SH) announced that recently, the company successfully undertook Fengshu Guangzhou International Food Intelligent Production Base...
Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Shareholders Have More To Worry About Than Only Soft Earnings
Seiko Steel (600496.SH) announced first-quarter results, net profit of 97.4877 million yuan, a year-on-year decrease of 45.93%
Seiko Steel (600496.SH) released its report for the first quarter of 2024. The company achieved operating income of 3 during the reporting period...
Seiko Steel Structure (600496.SH): No aircraft related business
Gelonghui, April 22丨Seiko Steel (600496.SH) said on an interactive platform that the company has no aircraft related business yet.
Caitong Securities: Which companies benefit from the implementation or acceleration of infrastructure projects?
Q2 Infrastructure funding is in place or accelerated, and improvements in physical workload are worth looking forward to.
Seiko Steel Structure (600496.SH): It is planned to establish about 10 joint venture steel structure companies focusing on the field of industrial construction for no more than 250 million yuan
On April 17, Gelonghui Steel (600496.SH) announced that in 2024, the company or its wholly-owned subsidiaries plan to invest no more than 250 million yuan (inclusive) in the form of registered capital to establish about 10 joint venture steel structure companies focusing on the field of industrial construction (the company is the controlling party).
Seiko Steel (600496.SH): Net profit in 2023 fell 21.59% year on year, and plans to split 10 to 0.6 yuan
On April 17, Ge Longhui Steel (600496.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 16.506 billion yuan, up 5.04% year on year; net profit attributable to shareholders of listed companies was 548 million yuan, down 21.59% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 488 million yuan, down 27.02% year on year; and basic earnings per share were 0.2756 yuan. It is proposed to distribute a cash dividend of $0.60 (tax included) for every 10 shares.
Seiko Steel (600496.SH): A total of 129 new contracts were signed in January-March, with a cumulative contract amount of 6.10 billion yuan
Gelonghui, April 8, 丨 Precision Steel (600496.SH) announced that from January to March 2024, the company (including holding subsidiaries) signed a total of 129 new contracts, with a cumulative contract amount of 6.10 billion yuan, an increase of 10.8% over the previous year. From January to March 2024, the company sold 293,000 tons of steel structures, an increase of 16.3% over the previous year. During the reporting period, the overall growth of the company's orders was steady, the emerging business sector continued to maintain a rapid growth trend, and the integrated professional subcontracting business grew steadily.
Seiko Steel (600496.SH): Subsidiary Seiko Shanghai plans to subscribe for 50 million yuan of investment fund shares
Gelonghui, Feb. 28, 丨 Jinggong Steel (600496.SH) announced that in order to use the Shaoxing local government to speed up implementation and cultivate first-class enterprises, introduce promising high-end project plans, reserve and cultivate related industrial projects for the company, and further enhance the company's investment capacity, the company has a wholly-owned subsidiary Seiko Shanghai as the main body, and has signed a partnership with Hangzhou Puhua Tianji Equity Investment Management Co., Ltd. (referred to as “General Partner”), Shaoxing Jinlong Machinery Manufacturing Co., Ltd., and Zhejiang Guannan Knitting and Dyeing Co., Ltd. “Agreement” (referred to as “partnership agreement”
Changjiang & Jinggong Steel Building (Group) (SHSE:600496) Has A Pretty Healthy Balance Sheet
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