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洛阳钼业:洛阳钼业关于对外担保计划的公告
2024-10-14 09:08
股票代码:603993 股票简称:洛阳钼业 编号:2024—047 洛阳栾川钼业集团股份有限公司 关于对外担保计划的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承担法 律责任。 重要内容提示: 一、担保审批及授权情况 2024年6月7日,公司2023年年度股东大会审议通过《关于本公司 被担保方:相关全资子公司 本次担保金额:洛阳栾川钼业集团股份有限公司(以下简称"公 司")直接或通过全资子公司(含直接及间接全资子公司,下同) 为其他全资子公司合计提供总额预计不超过28.6亿元的担保。 本次担保不涉及反担保。 截至本公告披露日公司无逾期担保。 本次担保计划部分被担保方为资产负债率超过70%的全资子公司; 截至本公告披露日,公司对外担保总额占公司最近一期经审计净 资产的38.33%。敬请投资者注意相关风险。 2024年度对外担保额度预计的议案》,同意授权董事会或董事会授权 人士(及该等授权人士的转授权人士)批准公司直接或通过全资子公 司(含直接及间接全资子公司,下同)或控股子公司(含直接及间接 控股子公司,下同)为其他全资子公司、控股子 ...
洛阳钼业:铜钴产量高增,精益管理实现降本增效
Tai Ping Yang· 2024-10-10 11:30
Investment Rating - The report maintains a "Buy" rating for the company, projecting net profits of 11.67 billion, 13.15 billion, and 14.77 billion for the years 2024, 2025, and 2026 respectively [5]. Core Insights - The company achieved significant growth in copper and cobalt production, with copper output reaching 314,000 tons (up 100.7% year-on-year) and cobalt output at 54,000 tons (up 178.2 year-on-year) in the first half of 2024, exceeding 50% of the annual targets [4][20]. - Production costs for copper and cobalt have steadily decreased, contributing to improved profit margins [4][45]. - The company's total revenue for the first half of 2024 was 102.82 billion, a year-on-year increase of 18.6%, while net profit reached 5.42 billion, up 670.4% year-on-year [10]. Summary by Sections Production Performance - The company exceeded production targets for copper, cobalt, and other metals in the first half of 2024, with copper and cobalt production significantly surpassing annual guidance [20][22]. - The TFM and KFM mines in the Democratic Republic of Congo achieved record monthly production levels [22]. Cost and Expense Management - The production costs for copper and cobalt have decreased compared to 2023, with TFM and KFM implementing effective cost control measures [4][45]. - The total expense ratio for sales, management, and finance was 2.89%, a decrease of 0.16 percentage points year-on-year [4]. Financial Health - The company's debt-to-asset ratio decreased to 59.2%, down 5.7 percentage points year-on-year, indicating improved financial stability [4]. - Operating cash flow for Q2 2024 was 5.3 billion, a 29% increase year-on-year [4]. Revenue and Profit Forecast - The company forecasts revenues of 209.87 billion, 212.76 billion, and 221.44 billion for 2024, 2025, and 2026 respectively, with net profit growth rates of 41.54%, 12.64%, and 12.29% [6]. Market and Industry Analysis - The report highlights the increasing value of metal resources amid global economic challenges, with copper prices showing a year-on-year increase of 4.45% in the first half of 2024 [29][30]. - Cobalt prices, however, have decreased by 20.44% year-on-year, reflecting market volatility [31].
洛阳钼业:洛阳钼业H股市场公告
2024-10-08 09:48
股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2024年9月30日 狀態: 新提交 致:香港交易及結算所有限公司 公司名稱: 洛陽欒川鉬業集團股份有限公司 呈交日期: 2024年10月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03993 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,933,468,000 | RMB | | 0.2 RMB | | 786,693,600 | | 增加 / 減少 (-) | | | | 0 | | RMB | | 0 | | 本月底結存 | | | 3,933,468,000 | RMB | | 0.2 RMB | | 786,693,600 | | 2. 股份分類 | 普通股 | 股份類 ...
洛阳钼业(603993) - 投资者关系活动记录表(2024年半年度业绩说明会)
2024-09-19 07:41
证券代码:603993 证券简称:洛阳钼业 洛阳栾川钼业集团股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|------------------------------------|----------------------------------------------| | | □ 特定对象调研 | □ 分析师会议 | | 投资者关系活动 | □ 媒体采访 | █ 业绩说明会 | | 类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | □ 其他 | | 参与单位名称 | 参与公司线上 2024 | 年半年度业绩说明会的投资者 | | 时间 | 2024 年 8 月 30 日 | 10:00-11:30 | | 地点 | 上海证券交易所证路演中心心(网址: | http:// | | | roadshow.sseinfo.com/ | ) | | 公司接待人员 | 首席财务官:李国俊先生 | | | | 董事会秘书:徐辉先生 | | | | 独立董事:顾红雨女士 | | | | 副总裁:梁玮女士 | | | 投资者关系活动 ...
洛阳钼业:洛阳钼业关于对外担保的公告
2024-09-18 09:03
股票代码:603993 股票简称:洛阳钼业 编号:2024—046 洛阳栾川钼业集团股份有限公司 关于对外担保的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承担法 律责任。 重要内容提示: 本次担保的被担保人系洛阳栾川钼业集团股份有限公司(以 下简称"公司")之合营公司洛阳富川矿业有限公司(以下简称"富 川矿业"),同时系公司前任监事许文辉先生担任董事的企业,构成公 司于《上海证券交易所股票上市规则》项下的关联法人。 本次担保金额及已实际为其提供的担保余额:本次担保金额 为人民币1亿元。截至本公告披露之日,公司为富川矿业提供的担保 余额为人民币7.52亿元(含本次担保金额1亿元)。 反担保:富川矿业持有的上房沟钼矿采矿权 (证号: C1000002011073120115610)抵押,该等反担保责任不超过人民币10 亿元。 截止本公告发布之日,公司不存在对外担保逾期的情形。 一、担保审批及授权情况 1 2024 年 6 月 7 日,公司 2023 年年度股东大会审议通过《关于本 公司 2024 年度对外担保额度预计的议案》,同意授权 ...
洛阳钼业:持续并购,打造中国“嘉能可”
Hua Yuan Zheng Quan· 2024-09-11 23:30
Investment Rating - The report initiates coverage with a "Buy" rating for the company [4][9][36] Core Views - The company is actively pursuing acquisitions to establish itself as China's "Glencore," transitioning from a domestic molybdenum and tungsten leader to a global mining giant through strategic overseas acquisitions [4][15][20] - The report is optimistic about metal prices in a declining interest rate environment, predicting a sustained increase in copper prices due to supply constraints and potential strikes in South America [5][24][27][28] - The company's profitability is expected to significantly improve with the production ramp-up of its TFM and KFM projects, forecasting net profits of 111 billion, 132 billion, and 146 billion yuan for 2024-2026, respectively [6][9][33] Summary by Sections 1. Continuous Acquisitions to Build China's "Glencore" - The company has transformed from a domestic leader in molybdenum and tungsten to a global mining powerhouse through acquisitions, including Northparkes copper mine and Tenke copper-cobalt mine [4][15][16] - It currently holds three world-class assets: TFM and KFM copper-cobalt mines in the Democratic Republic of Congo, with copper reserves of 9.208 million tons and cobalt reserves of 1.441 million tons; a niobium-phosphate asset in Brazil; and molybdenum-tungsten assets in China [4][16] 2. Bullish on Metal Prices in a Rate Cut Cycle - The report highlights an increasing probability of interest rate cuts in 2024, which is expected to support metal prices, particularly copper [5][24][27] - The copper supply is nearing its peak, with minimal new supply expected post-mid-2024, leading to a potential price increase as demand outstrips supply [28][29] 3. Profit Forecast and Valuation - The company is projected to achieve net profits of 111 billion, 132 billion, and 146 billion yuan for 2024, 2025, and 2026, respectively, with corresponding P/E ratios of 13, 11, and 10 times [6][9][33] - The report compares the company to its peers in the A-share copper-cobalt sector, indicating a potential valuation premium due to its global mining stature and production growth [9][36]
洛阳钼业:洛阳钼业关于参加2024年半年度沪市有色金属专场集体业绩说明会的公告
2024-09-09 08:25
本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承担法 律责任。 重要内容提示: 一、活动类型 洛阳栾川钼业集团股份有限公司(以下简称"公司")2024 年半 年度报告已于 2024 年 8 月 24 日披露,为加强与广大投资者的沟通联 1 股票代码:603993 股票简称:洛阳钼业 编号:2024—045 洛阳栾川钼业集团股份有限公司 关于参加2024年半年度沪市有色金属专场 集体业绩说明会的公告 四、投资者参加方式 (一)投资者可于 2024 年 9 月 13 日下午 14:00-17:00,通过互 联网登录上证路演中心(https://roadshow.sseinfo.com),在线参 与本次业绩说明会,公司将及时回答投资者的提问。 (二)投资者可于 2024 年 9 月 12 日 16:00 前登录上证路演中心 网站首页,点击"提问预征集"栏目 (http://roadshow.sseinfo.com/questionCollection.do),根据活 动时间,选中本次活动或通过公司邮箱 603993@cmoc.com 向公司提问, ...
洛阳钼业:洛阳钼业关于对外担保计划的公告
2024-09-04 08:27
股票代码:603993 股票简称:洛阳钼业 编号:2024—044 洛阳栾川钼业集团股份有限公司 关于对外担保计划的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承担法 律责任。 重要内容提示: 一、担保审批及授权情况 2024年6月7日,公司2023年年度股东大会审议通过《关于本公司 被担保方:相关全资子公司 本次担保金额:洛阳栾川钼业集团股份有限公司(以下简称"公 司")直接或通过全资子公司(含直接及间接全资子公司,下同) 为其他全资子公司合计提供总额预计不超过13.87亿美元的担保。 本次担保不涉及反担保。 截至本公告披露日公司无逾期担保。 本次担保计划部分被担保方为资产负债率超过70%的全资子公司; 截至本公告披露日,公司对外担保总额占公司最近一期经审计净 资产的43.40%。敬请投资者注意相关风险。 2024年度对外担保额度预计的议案》,同意授权董事会或董事会授权 人士(及该等授权人士的转授权人士)批准公司直接或通过全资子公 司(含直接及间接全资子公司,下同)或控股子公司(含直接及间接 控股子公司,下同)为其他全资子公司、控 ...
洛阳钼业:公司点评报告:经营业绩创历史同期最佳水平,蓄势新一轮增长
Zhongyuan Securities· 2024-09-03 08:20
Investment Rating - The report maintains an "Accumulate" investment rating for the company, indicating a projected relative increase of 5% to 15% compared to the CSI 300 index over the next six months [2][20]. Core Views - The company achieved its best operating performance in history for the same period, with a significant increase in revenue and net profit driven by strong demand in the copper and cobalt sectors [4][5]. - The company has a robust resource endowment and a comprehensive product portfolio, covering exploration, mining, beneficiation, and smelting, with a strategic focus on new energy metals such as copper and cobalt, as well as strategic metals like molybdenum and tungsten [5][6]. - The company is well-positioned for future growth, with new projects underway, including a partnership for the Nzilo II hydropower station, which will enhance its power supply for production [6][7]. Summary by Sections Financial Performance - In the first half of 2024, the company reported operating revenue of 102.82 billion yuan, a year-on-year increase of 18.56%, and a net profit attributable to shareholders of 5.42 billion yuan, up 670.43% year-on-year [4][5]. - The company’s cash flow from operations was 10.78 billion yuan, reflecting a 23.02% increase compared to the previous year [4]. Production and Sales - The company exceeded its annual production guidance for all products in the first half of 2024, producing 313,800 tons of copper and 54,000 tons of cobalt, representing year-on-year growth of 100.74% and 178.22%, respectively [6][7]. - Revenue from the copper segment reached 20.03 billion yuan, with a significant year-on-year growth of 444.78% due to rising copper prices [5]. Future Outlook - The company plans to focus on optimizing processes and improving technical indicators in its copper and cobalt segments, while also advancing projects in molybdenum and tungsten [7]. - The projected net profit for 2024, 2025, and 2026 is adjusted to 11.18 billion yuan, 12.23 billion yuan, and 13.50 billion yuan, respectively, with expected EPS of 0.52 yuan, 0.57 yuan, and 0.62 yuan [7][9].
洛阳钼业:2024 年半年度报告点评:世界级铜钴项目达产放量,上半年业绩高速增长
Guoyuan Securities· 2024-09-03 00:12
[Table_Main] 公司研究|有色金属材料 证券研究报告 洛阳钼业(603993)公司点评报告 2024 年 09 月 02 日 [世界级 Table_Title铜] 钴项目达产放量,上半年业绩高速增长 ——洛阳钼业 2024 年半年度报告点评 [事件:公司 Table_Summary 8 月] 23 日发布 2024 年半年度报告,期内实现营业收入 1028.18 亿元,同比增长 18.56%;实现归母净利润 54.17 亿元,同比增长 670.43%。 点评: TFM 和 KFM 上半年保持快节奏生产,助力刚果(金)板块业绩高增 公司在刚果(金)运营两座世界级矿山 TFM 和 KFM,上半年保持快节奏生 产乃至超产,频创单月产量历史记录。2024 年上半年,刚果(金)板块实 现营业收入 243.68 亿元,同比增长 444.78%,毛利 123.16 亿元。TFM 项 目,目前主工艺全部打通,一季度顺利达产,二季度顺利达标,TFM 五条 生产线全面建成,形成 45 万吨铜、3.7 万吨钴的产能规模,成为世界第五 大铜矿山和第二大钴矿山。KFM 项目,作为世界罕有的高铜高钴矿,具备 15 万吨铜、5 ...