XTC(SH:600549) Mei Ri Jing Ji Xin Wen·2025-08-19 10:08Core Insights - Xiamen Tungsten Co., Ltd. has received environmental approval for its Xiamen Jinlu Hard Alloy Co., Ltd. project, with a total investment of 18.43 million yuan [1] - The "A-share Green Report" project aims to enhance transparency in environmental information for listed companies, monitoring their environmental performance based on authoritative data from various government sources [1] - The latest A-share Green Weekly Report indicates that eight listed companies have recently exposed environmental risks [1] Company Overview - Xiamen Tungsten's main business segments include tungsten and molybdenum products, battery materials, rare earth business, real estate, and supporting management, with revenue contributions of 48.54%, 37.51%, 12.1%, 1.73%, and 0.13% respectively [2] Financial Performance - The company's market capitalization is 40.88 billion yuan [3] - Revenue for 2023 is reported at 39.398 billion yuan, with projections of 35.196 billion yuan for 2024 and 8.376 billion yuan for Q1 2025 [3] - The net profit attributable to shareholders is 1.602 billion yuan for 2023, expected to rise to 1.728 billion yuan in 2024, with 391 million yuan for Q1 2025 [3] - The company's return on equity is 15.11% for 2023, projected to decrease to 12.75% in 2024, with 2.43% for Q1 2025 [3] - The gross profit margin is 16.52% for 2023, expected to increase to 18.03% in 2024, with a slight decrease to 16.47% for Q1 2025 [3] - Operating cash flow is reported at 4.286 billion yuan for 2023, with a decline to 3.099 billion yuan in 2024, and a negative cash flow of -376 million yuan for Q1 2025 [3] - Accounts receivable stand at 6.201 billion yuan for 2023, decreasing to 5.178 billion yuan in 2024, and further to 4.823 billion yuan for Q1 2025 [3]