Yinlong Co., Ltd.: Tianjin Yinlong Prestressed Material Co., Ltd. 2024 Annual Results Pre-Increase Announcement
Tianjin Yinlong Prestressed Material Co., Ltd. 2024 Annual Results Pre-Increase Announcement
Silvery Dragon Prestressed Materials (603969.SH): The net profit for 2024 is expected to increase by 30% to 50% year-on-year.
On January 16, Gelonghui reported that Silvery Dragon Prestressed Materials (603969.SH) announced the preliminary earnings forecast for the year 2024. According to initial calculations by the finance department, it is expected that the net income attributable to the owners of the parent company will be between 0.223 billion yuan and 0.257 billion yuan, an increase of 30% to 50% year-on-year. The net income attributable to the owners of the parent company, excluding non-recurring gains and losses, is expected to be between 0.22 billion yuan and 0.254 billion yuan, also reflecting a year-on-year increase of 30% to 50%. The performance in the field of concrete products for rail transit continues to grow, mainly due to: the company's controlling subsidiary Silvery Dragon Rail providing labor.
Here's What To Make Of Silvery Dragon Prestressed MaterialsLTD Tianjin's (SHSE:603969) Decelerating Rates Of Return
Silvery Dragon Prestressed Materials (603969.SH): Actively exploring the Nuclear Power related market.
On December 25, Glonghui reported that Silvery Dragon Prestressed Materials (603969.SH) stated on the interactive platform that in the field of New energy applications, it mainly involves the extension of the company's existing prestressed materials industry. The company controls core technology and is advancing from infrastructure construction to green new fields such as Nuclear Power, wind power, and photovoltaics. The company has received the qualification supplier certificate from the China National Nuclear Corporation and is capable of providing prestressed material products for Nuclear Power station construction, but has not yet generated related revenue and is actively exploring the Nuclear Power related market. The New energy market is enormous, and the company will fully leverage its strengths to seek opportunities in New energy investment, including wind power projects.
Silvery Dragon Prestressed Materials (603969.SH): Currently, 2200MPa ultra-high strength steel strands for concrete have replaced 1860MPa prestressed steel strands in some railroad constructions.
On December 24, Gelonghui reported that Silvery Dragon Prestressed Materials (603969.SH) stated on the interactive platform that the ultra-high-strength steel strands for concrete with strength levels of 2200-2400 MPa are high-value-added products of the company. Compared with conventional 1860 MPa prestressed steel strands, the 2200 MPa prestressed steel strands have higher requirements for raw material chemical composition, mechanical performance, equipment capacity, manufacturing processes, and process control technology. The ultra-high-strength steel strands utilize prestressed steel strands with strengths above 2200 MPa and anchoring systems, which can effectively optimize the size and material usage of prestressed concrete box beam structures, adapting to the construction field.
There's No Escaping Silvery Dragon Prestressed Materials Co.,LTD Tianjin's (SHSE:603969) Muted Earnings Despite A 27% Share Price Rise
Silvery Dragon Prestressed Materials (603969.SH): As of September 30, 2024, the sales volume of ultra-high-strength steel strand has increased by 810.08% compared to the same period last year.
On December 13, Gelonghui reported that Silvery Dragon Prestressed Materials (603969.SH) stated during a performance briefing that the self-developed 1*7-15.2mm, 2200-2400MPa ultra-high-strength steel strands for concrete are mainly used in double-track ballastless simple beams for high-speed rail with a speed of 350 kilometers per hour. Currently, the 2200MPa ultra-high-strength steel strands have partially replaced the 1860MPa prestressed steel strands in some railroad constructions, including the Jinwei High-speed Rail, Xiongshang High-speed Rail, Xiongxin High-speed Rail, and Xiyu High-speed Rail. As of September 30, 2024, the company's sales volume of ultra-high-strength steel strands has increased compared to last year.
Silvery dragon prestressed materials (603969.SH): has not yet been involved in research and business related to carbon-based chips.
Gelonghui reported on November 29th that silvery dragon prestressed materials (603969.SH) stated on the interactive platform that its holding subsidiary, the Carbon Research Institute, is dedicated to collaborating with relevant entities to advance the research and development of high-speed rail powder alloy braking systems with speeds of 300-350 kilometers per hour. Currently, there is no involvement in research and business related to carbon-based chips. The company will promptly follow up on research and development progress, and if there is progress on relevant projects, it will fulfill information disclosure obligations according to regulations.
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Tianjin Yinlong Prestressed Material Co., Ltd. Report for the Third Quarter of 2024
Silvery Dragon Prestressed Materials (603969.SH) released its performance for the first three quarters, with a net income of 0.169 billion yuan, a year-on-year increase of 42.81%.
Silvery Dragon Prestressed Materials (603969.SH) disclosed its third-quarter report for 2024, achieving a revenue of 22...
Silvery Dragon Prestressed Materials (603969.SH): The net income for the first three quarters was 0.169 billion yuan, an increase of 42.81% year-on-year.
On October 21st, Silvery Dragon Prestressed Materials (603969.SH) announced that the company achieved revenue of 2.202 billion yuan in the first three quarters, a year-on-year increase of 9.15%; the net income attributable to the shareholders of the listed company was 0.169 billion yuan, a year-on-year increase of 42.81%; the net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 0.167 billion yuan, a year-on-year increase of 44.42%; basic earnings per share were 0.20 yuan.
Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) Surges 8.4%; Retail Investors Who Own 51% Shares Profited Along With Insiders
Returns On Capital Signal Tricky Times Ahead For Silvery Dragon Prestressed MaterialsLTD Tianjin (SHSE:603969)
Silvery Dragon Prestressed Materials (603969.SH) signed a 0.121 billion yuan purchase contract for galvanized aluminum alloy high-strength steel wire used for bridge cable-stayed supports.
Silvery Dragon Prestressed Materials (603969.SH) announced that its wholly-owned subsidiary, Baize Long Metal Materials Co., Ltd...
Tianjin Yinlong Prestressed Material Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Tianjin Yinlong Prestress Materials Co., Ltd.
Silvery Dragon Prestressed Materials (603969.SH) released its performance for the first half of the year, with a net income of 0.1 billion yuan, a year-on-year increase of 17.68%.
Silvery Dragon Prestressed Materials (603969.SH) released its 2024 interim report, achieving revenue of...
Silvery Dragon Prestressed Materials (603969.SH): Its holding subsidiary is collaborating with relevant institutions to promote the research and development of powder alloy braking system for high-speed rail with a speed of 300-350 kilometers per hour.
On August 12th, Gelunhui reported that Silvery Dragon Prestressed Materials (603969.SH) stated on the Q&A platform that the company's holding subsidiary, the Carbon-based Research Institute, is committed to collaborating with related units to promote research and development work on high-speed rail powder alloy brake systems with a speed of 300-350 kilometers per hour, and there is no cooperative relationship with Huawei.