Core Viewpoint - Changbao Co., Ltd. has reached a historical high in stock price, with significant trading volume and market capitalization [2] Company Summary - As of 9:38 AM, Changbao's stock price increased by 8.94%, reaching 9.26 yuan, with a trading volume of 61.08 million shares and a transaction value of 542 million yuan, resulting in a turnover rate of 8.45% [2] - The latest total market capitalization of Changbao in A-shares is 8.34 billion yuan, while the circulating market capitalization is 6.69 billion yuan [2] - The company's Q3 report indicates a total operating revenue of 4.28 billion yuan for the first three quarters, representing a year-on-year growth of 1.40%, and a net profit of 392 million yuan, reflecting a year-on-year decline of 4.60% [2] - Basic earnings per share stand at 0.4400 yuan, with a weighted average return on equity of 6.83% [2] Industry Summary - The steel industry, to which Changbao belongs, has an overall increase of 0.13%, with 17 stocks rising, including Changbao, Hainan Mining, and Dazhong Mining, which saw increases of 8.94%, 7.74%, and 6.13% respectively [2] - Conversely, 21 stocks in the industry experienced declines, with Ba Yi Steel, Fangda Carbon, and Anyang Steel showing decreases of 9.89%, 2.81%, and 2.25% respectively [2] - As of November 7, the margin trading balance for Changbao is 320 million yuan, with a financing balance of 320 million yuan, reflecting an increase of 107 million yuan over the past 10 days, which is a 50.24% increase [2] - Recently, one institution rated the stock, with Huatai Securities setting a target price of 8.91 yuan on October 27 [2]
常宝股份盘中创历史新高