In the first three quarters, the net income of Pangang Group Vanadium & Titanium Resources decreased by nearly 80% year-on-year. New actions from major customers of vanadium electrolyte | Interpretations of financial reports
①pangang group vanadium & titanium resources performance under pressure, with a year-on-year decline of nearly 80% in net income for the first three quarters; ② The downstream key customer of the company's star product, vanadium electrolyte, Dalian Rongke, has recently taken new actions.
Old grievances and new enmities surge in my mind: Trump media co-founder nearly liquidates holdings.
One of the major shareholders of the Trump Media Company, united with atlantic china welding consumables,inc. to sell approximately 7.5 million shares of stocks, only leaving 100 shares in hand; The two leaders of atlantic china welding consumables,inc. are also co-founders of the Trump Media, and they are also contestants on the Trump reality show, with deep connections to Trump; The two had a falling out with Trump before, setting the stage for their recent stock sell-off.
Expansion at a loss! Shenghe Resources bucked the trend and acquired a heavy sand mining project in Africa. The target revenue last year was 0 but received a high premium
① Unlike the four major domestic rare earth groups, how to guarantee the stability and long-term nature of rare earth resources has attracted market attention; ② In the face of loss in Q1 performance this year, Shenghe Resources is still increasing overseas mines to further guarantee the company's raw material supply; ③ Although the target SRUL mine resource endowments are good, this acquisition is not without risk.
The product sales structure changed, and the net profit of Western Superconductor fell by more than 30% for the first time since its launch
① Western Superconductor announced the company's 2023 profit distribution plan: it plans to distribute a cash dividend of 7 yuan for every 10 shares to all shareholders, which is calculated to distribute a total of 455 million yuan. ② In terms of profitability, the last three annual reports show a downward trend in the company's gross margin. From 2021 to 2023, the company's gross margins were 40.83%, 39.45%, and 31.87%, respectively.
The first increase in titanium dioxide after the festival is here! Two international giants also participated in the letter from Longbai Group and CNNC Titanbai's official announcement | Industry News
① Following the “return” of the price adjustment letter between Longbai Group and Huiyun Titanium Industry yesterday, CNNC Titanium Dioxide and Anada announced successive increases in the price of titanium dioxide this afternoon. ② An industry insider told the Financial Federation reporter, “Currently, the domestic titanium concentrate market is strong and improving, and the increase in production costs has forced some titanium dioxide manufacturers to follow the price increase. At the same time, demand for paint and paint in some overseas markets has maintained a growing trend, which has also boosted exports of titanium dioxide.”
Shenghe Resources' net profit pre-cut by more than 70% Q4 net profit is close to the sum of net profit for the first three quarters of last year|Financial Report Interpretation
① In the fourth quarter of 2023, Shenghe Resources achieved net profit of about 142 million yuan to 232 million yuan. The net profit for a single quarter was close to the total net profit for the first three quarters of last year; ② Shenghe Resources mainly engaged in the rare earth import mining business, and exports of rare earth products showed an overall trend of “volume parity reduction” last year.