< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

Longbai Group: Please pay attention to the company's regular reports for the company's operating performance. The company's planned iron concentrate output in 2023 is approximately 4 million tons

network
111,890
May 22, 2023, 9:48 AM

Longbai Group (002601) responded to investors 'concerns on the investor relations platform on May 20.

Investor: How much was your company's iron concentrate output in the first quarter? What is the planned output of iron concentrate in 2023?

Secretary of Directors of Longbai Group: Hello! For the company's operating performance, please pay attention to the company's regular reports. The company's planned iron concentrate output in 2023 is approximately 4 million tons. Thank you!

Investor: May I ask you the average sales price, sales volume and output of Longbai titanium dioxide in April? At the same time, it is recommended that Longbai management publish operating data every month.

Secretary of Directors of Longbai Group: Hello! Thank you for your attention and suggestions. Please pay attention to the company's regular reports regarding the company's operating results in the second quarter. Thank you!

Longbai Group's 2023 quarterly report shows that the company's main income was 6.977 billion yuan, a year-on-year increase of 14.78%; net profit attributable to the parent company was 579 million yuan, a year-on-year decrease of 45.55%; non-net profit deducted was 553 million yuan, a year-on-year decrease of 46.76%; The debt ratio was 60.93%, the investment income was-25.7442 million yuan, the financial expenses were 88.9133 million yuan, and the gross profit margin was 23.04%.

In the past 90 days, a total of 15 institutions have issued ratings on the stock, 13 have bought ratings, and 2 have increased ratings; the average target price of institutions in the past 90 days is 21.67. In the past three months, the net inflow of financing was 1.0686 million, and the financing balance increased; the net outflow of securities lending was 9.0238 million, and the balance of securities lending decreased. Based on financial report data for the past five years, Securities Star valuation analysis tool shows that Longbai Group (002601) has a good moat of competitiveness in the industry, excellent profitability, and poor revenue growth. There may be financial concerns, and the financial indicators that need to be focused on include: interest-bearing asset-liability ratio. The stock has 3 stars for good company indicators, 2.5 stars for good price indicators, and 2.5 stars for comprehensive indicators. (Indicators are for reference only, indicator range: 0 ~ 5 stars, maximum 5 stars)

Longbai Group (002601)'s main business: engaged in the production and sales of titanium dioxide, zirconium products, aluminum sulfate and other products.