No Data
Jiangsu Changhai Composite Materials (300196.SZ): has repurchased 0.8035% of the shares.
On November 1st, Jiangsu Changhai Composite Materials (300196.SZ) announced that as of October 31, 2024, the company has repurchased a total of 3,283,899 shares through a special securities account for centralized auction trading, accounting for 0.8035% of the company's current total share capital (the company's current total share capital is 408,716,549 shares). The highest fill price was 10.98 yuan/share, the lowest fill price was 9.00 yuan/share, and the total fill amount was 31.9109 million yuan (excluding transaction fees).
First Securities: Policy guidance is gradually strengthening, expecting marginal improvement in the future building materials market.
Currently, the building materials industry index is performing well, with most individual stocks rising. It is expected that the building materials market will see marginal improvement in the future, and the industry sector will have a good performance. In the near term, it is necessary to continue to pay attention to the impact of short-term policies on the real estate, infrastructure, and new energy markets.
Jiangsu Changhai Composite Materials (300196): Price increases lead to improved performance, signaling the industry's bottoming out and the return of a favorable market outlook.
Event: In Q3, the company's single quarter revenue was 0.679 billion yuan, a year-on-year decrease of 0.25%, attributable net income was 0.08 billion yuan, a year-on-year increase of 3.83%; non-recurring mother net income was 0.066 billion yuan, a year-on-year decrease of 7.86%.
CHANGHAI COMPOSITE MATERIALS(300196):EARNINGS OF FIBERGLASS BUSINESS RECOVERING THANKS TO PRICE RECOVERY; 0.15MNT PRODUCTION LINE STARTED PRODUCTION
Jiangsu Changhai Composite Materials (300196): The recovery of prices drives the profit restoration of fiberglass. The 0.15 million-ton production line has been ignited.
The performance in 3Q24 basically meets our expectations. The company announced the 3Q24 performance: revenue year-on-year -0.25% to 0.679 billion yuan; net profit attributable to mother year-on-year +3.8% to 80.41 million yuan; non-net profit attributable to mother year-on-year -7.9%.
Changhai Co., Ltd.: Report for the third quarter of 2024
No Data
No Data