600176 China Jushi Co., Ltd
- 10.47
- -0.34-3.15%
China Jushi Co., Ltd News
Express News | Since November, 30 listed companies plan to increase shareholding, with 5 of them being companies trading below their net asset value.
Express News | This week, nearly 20 listed companies announced the disclosure of shareholding related to share buybacks and special loans. A shareholder of china jushi co., ltd plans to increase their shareholding with a special loan of no more than 0.7 billion yuan.
China Jushi Co., Ltd (600176.SH): Zhenshi Group plans to increase its shareholding by 0.5 billion to -1 billion yuan.
On November 22, GELONGHUI reported that china jushi co., ltd (600176.SH) announced that on November 22, 2024, it received notice from its shareholder, Zhen Shi Holdings Group Co., Ltd. (hereinafter referred to as "Zhen Shi Group"), that Zhen Shi Group intends to increase its shareholding in the company. The implementation period for this increase plan is 12 months from the date of this announcement, with no set price range for the increase and the total amount not less than 0.5 billion yuan and not exceeding 1 billion yuan. According to the notice issued by the People's Bank of China, the Financial Supervision Administration, and the China Securities Regulatory Commission regarding the establishment of share buyback and increase loan-related matters.
Shenyin Wanguo: Profit decline narrows in the building materials industry in Q3 2024, significant improvement in profit for the cement sector.
In the third quarter, the building materials industry achieved revenue of 175.45 billion yuan, (yoy-9.0%, qoq-8.3%), net income attributable to the parent company was 6.45 billion yuan (yoy-32.0%, qoq-17.0%), gross margin in the third quarter was 18.2% (yoy-0.9pct, qoq-0.3pct), net margin was 4.09% (yoy-0.9pct, qoq-0.03pct).
China Galaxy Securities: Glass fiber exports may be constrained by trade, bullish on enterprises with overseas production capacity layout.
As of September 2024, China's total fiberglass exports reached 1.618 million tons, with 0.1918 million tons exported to the USA, accounting for 11.85%; the total export value was 2.26 billion US dollars, with 0.301 billion US dollars exported to the USA, accounting for 13.34%.
China Jushi Co., Ltd (600176.SH): Low dielectric constant glass fiber is under development.
Gelonghui, November 4th | China Jushi Co., Ltd (600176.SH) stated on the interactive platform that the company is currently an important supplier in the electronic cloth field, always paying attention to market development trends, actively carrying out product structure layout, and researching low dielectric constant glass fiber to better meet market demand.
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.
china jushi co., ltd (600176): Leading advantages of glass fiber head to consolidate new development foundation during the downturn period.
The company released the third quarter report for 2024: revenue of 11.632 billion yuan in the first three quarters, a year-on-year increase of 1.81%; net income attributable to the shareholders of the listed company was 1.533 billion yuan, a year-on-year decrease of 42.66%. Non-recurring items deducted.
china jushi co., ltd (600176.SH): It is expected that the growth of new production capacity in the next two years will remain within a reasonable range.
On October 28, china jushi co., ltd. (600176.SH) disclosed in the online performance briefing for the third quarter that there are currently some fiberglass tank furnace projects under construction or planning in the industry. However, companies in the industry generally take the initiative to implement production capacity adjustment measures, such as delaying the commissioning of new production lines, reducing production scale, and shutting down cold repair production lines. It is expected that the growth of new production capacity in the next two years will remain within a reasonable range. At the same time, with the continuous recovery of demand, it is expected that the supply and demand balance will be maintained in a dynamic equilibrium.
China Jushi Co., Ltd (600176.SH): Since the beginning of this year, the demand in the main downstream sectors of fiberglass has continued to recover.
On October 28, Grace Top News disclosed that china jushi co., ltd (600176.SH) third-quarter online performance briefing revealed that since the beginning of this year, the main downstream sectors of fiberglass have continued to recover, with good growth in high-end applications such as autos, household appliances, and wind power. In the fourth quarter, current orders are normal, and prices will continue to be adjusted structurally based on market supply and demand conditions, especially for the long-term contracts that have not been raised in price.
china jushi co., ltd (600176): The advantage of product strength and profitability has been proven.
The company achieved revenue of 11.63 billion yuan in the first three quarters, a year-on-year increase of 2%; net income attributable to the company was 1.53 billion yuan, a year-on-year decrease of 43%, while non-GAAP net income decreased by 29%. In the third quarter, revenue reached 3.89 billion.
china jushi co., ltd (600176: Repurchase landing drives performance repair, company capacity expansion again.
Event: China Jushi Co., Ltd. released its third quarterly report for 2024. The company achieved revenue of 11.632 billion yuan in the first three quarters of 2024, a year-on-year increase of 1.81%; net income attributable to shareholders was 1.533 billion yuan, a year-on-year decrease of 42.6.
CHINA JUSHI(600176):NET PROFIT PER TONNE OF ROVING RECOVERS QOQ;CASH FLOW IMPROVES MARGINALLY
China Jushi Co., Ltd (600176): Product price increases implemented, Q3 performance improves both year-on-year and quarter-on-quarter.
Event: In Q3 of the company, the quarterly revenue was 3.893 billion yuan, an increase of 8.27% year-on-year, with a net income attributable of 0.572 billion yuan, a decrease of 6.38% year-on-year; the non-recurring net profit attributable to the parent company after deduction was 0.528 billion yuan, an increase of 49.18% year-on-year
China Jushi Co., Ltd (600176): Significant growth in Q3 non-net profit, significant increase in demand for wind power yarn expected.
The company achieved a non-GAAP net income attributable to the mother of 0.528 billion yuan in the third quarter, a year-on-year increase of 49.18%. The company released the third quarter report of 24 years, achieving revenue/net income attributable to the mother for the first three quarters of 11.632/1.533 billion yuan, a year-on-year increase of +1.8.
china jushi co., ltd (600176): The profit-making ability of coarse yarn continues to rebound on a month-on-month basis. Exportation + wind power yarn are the structural highlights.
The company disclosed the third quarter report for 2024: 24Q1-Q3 achieved revenue of 11.632 billion yuan, +1.81% year-on-year, net profit attributable to mother 1.533 billion yuan, -42.66% year-on-year, non-net profit deduction 1.156 billion yuan.
China Jushi Q3 Profit Down 6%, Revenue Up 8%; Shares Climb 6%
china jushi co., ltd (600176) 2024 Third Quarter Report Review: Maintaining strong sales capacity and high-end product pricing power.
This report summary: The company's third quarter report for 2024 meets expectations. After the phased midstream replenishment following the price increase in Q2, the company continued to achieve high sales growth through product differentiation in Q3, maintaining pricing power for high-end products. Investment highlights: Maintain a "shareholding" rating.
China Jushi Co., Ltd (600176): Focus on both price recovery and structural adjustment, with one quarter of non-recurring performance at a low point.
Event: On October 24, 2024, the company released the third quarter report for 2024, achieving revenue, net income attributable to mother, and non-net income attributable to mother of 11.632, 1.533, 1.156 billion yuan respectively, with year-on-year growth of +.
China Jushi 2024 Third Quarter Report
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