Annual report of the most popular 76 non-ferrous m

2022-08-05
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76 non-ferrous metal listed companies' annual reports predicted positive net profit of aluminum companies

according to the statistics of Dongfang fortune choice, only one non-ferrous metal company has issued annual reports, while 91 companies have issued performance forecasts, of which 76 companies' performance has been predicted, accounting for 83.52%, which has been significantly improved compared with 2015

the net profit of aluminum companies has improved significantly

the data shows that as of February 21, three listed companies in the non-ferrous metal industry predicted that the net profit of last year exceeded 1billion yuan, including Tianqi lithium, *st Jinrui and Nanshan aluminum, and 25 companies predicted that the net profit would increase by more than 100%

as for Mingtai aluminum, which has published its annual report, in 2016, the company achieved an operating income of RMB 7.479 billion, a year-on-year increase of 19.06%, a net profit attributable to shareholders of listed companies of RMB 269million, a year-on-year increase of 55.62%, and the gross profit margin of the company's products reached 8.43%, a year-on-year increase of 21.64%. As for the reasons for the substantial increase in the gross profit margin of the company, The company claims that the processing cost of the company has been controlled due to the gradual production of deep-processing projects such as 200000 tons of high-precision aluminum strip and 20000 tons of aluminum profile for transportation, and the company's acquisition of Gongdian thermal power station and the implementation of self-made gas in the gas transformation project

value helps to develop more potential utilization for other industries. It should be noted that, except for Mingtai aluminum, the performance of China's aluminum processing industry and production enterprises improved significantly last year. This can also be seen from the performance forecast of China aluminum. According to the performance forecast of Aluminum Corporation of China, the company expects to achieve a total profit of about 1.6 billion yuan in 2016, an increase of about 7.3 times compared with the same period of last year; The net profit attributable to the shareholders of the listed company was about 380million yuan, an increase of about 85% compared with the same period of the previous year

Yunnan Aluminum Co., Ltd. predicted that the company's profit last year was about 122million yuan, an increase of about 315% year-on-year in 2015. Another aluminum industry leader, Nanshan aluminum, is expected to achieve a net profit of 1.27 billion yuan last year, an increase of 127% year-on-year

in addition, the non-ferrous industry company with the highest expected net profit at present is Tianqi lithium. According to the company's third quarterly report last year, the annual net profit of last year was expected to change between 531.40% and 581.42%, and the net profit was expected to be between 1.565 billion yuan and 1.689 billion yuan. As for the reasons for the change in net profit, the company said that during the reporting period, the increase in market demand led to the year-on-year increase in the sales price and sales volume of lithium products, and the profit also increased accordingly. In this regard, some analysts said that from the company's third quarterly report, we can see that the company's product volume and price increased significantly year-on-year, continued to increase its performance, and its operating cash flow was strong; Tianqi Jiangsu technological transformation will drive the production and sales of lithium carbonate higher

according to the data, from 2015 to the beginning of 2016, the price of non-ferrous metals suffered a precipitous decline. Taking LME electric aluminum as an example, its price at the beginning of 2015 was $1859/ton, and the lowest fell to $1433/ton that year. Affected by the decline of aluminum price, the performance of listed aluminum companies in 2015 was affected. However, the aluminum price rebounded in 2016. The price of LME electric aluminum once rose to more than $1900/ton, and the price of Shanghai aluminum stood at 14000/ton. Therefore, although aluminum companies generally say that they benefit from cost control, in fact, the growth of the company's performance is related to the rise of aluminum prices

*st gene or delisting

although the performance of most non-ferrous metal listed companies is commendable, it should be noted that up to now, 8 non-ferrous metal companies are expected to have a loss in net profit last year, and 7 companies are expected to have a year-on-year decline in net profit

among the enterprises that expected net profit loss last year, *st gene ranked first. According to the performance forecast released by the company on January 21, the company estimated that the net profit of last year was 1.9 billion yuan to 2.2 billion yuan. According to the company, the profitability of the company's main business has not been significantly improved because its operating performance has been seriously affected by the macroeconomic and industrial situation; The company is short of working capital, and most loans are overdue, resulting in higher financial expenses in the current period; At the same time, due to the impact of the company's product prices and production and operation conditions, the provision for asset impairment was withdrawn in the current period

on February 18, the company again issued a suggestive announcement about the risk of suspension of listing of the company's shares. According to the contents of the announcement, as the company's 201 negative electrode material investment still needs time to verify that it will be 4 years. In 2015, the net profit of the shareholders of the City company is negative to meet the requirements of the Olympic Games and the American track and field team, and the Shanghai Stock Exchange has implemented a delisting risk warning. If the company's 2016 annual audit report is finally determined as a loss, Shanghai Stock Exchange may suspend the listing of the company's shares in accordance with the relevant provisions of the stock listing rules of Shanghai Stock Exchange

up to now, another company with an estimated net profit loss of more than 1billion yuan last year is Chihong Zinc Germanium. The company expects a net profit loss of 1.71 billion yuan last year. The company says that the plastic testing machine is a kind of equipment used in the laboratory of plastic products factory. The main reason for the performance loss is that during the reporting period, the company made a large amount of asset impairment provision of 1.868 billion yuan in accordance with the accounting standards for business enterprises and other relevant regulations, which significantly reduced the company's profit

in addition, it is worth noting that the net profit of China's leading rare earth enterprise northern rare earth is expected to decline by about 90% year-on-year. The company said that in 2016, the rare earth market continued the downturn trend, and the prices of major rare earth products decreased year-on-year and operated at a low level. Affected by insufficient demand, disorderly competition of illegal low-priced products impacting the market and other factors, the price of the company's main rare earth products fell to varying degrees year-on-year. In addition, the production cost increased, resulting in a year-on-year decline in the net profit attributable to the shareholders of the listed company during the reporting period

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