ERDOS(SH:600295)2024-06-03 08:35Financial Performance - In 2023, the company achieved total revenue of CNY 30.55 billion [3] - Net profit attributable to shareholders reached CNY 2.90 billion, with earnings per share of CNY 1.04 [3] - Total assets amounted to CNY 48.568 billion, while net assets attributable to shareholders were CNY 21.272 billion [3] - The company plans to distribute a cash dividend of CNY 2.239 billion, at CNY 0.8 per 10 shares [3] Production Output - Main products produced in 2023 included: - Cashmere sweaters: 3.0974 million pieces - Scarves and shawls: 341,500 pieces - Coking coal: 1.673 million tons - Silicon iron: 1.5389 million tons - Silico-manganese: 137,700 tons - Calcium carbide: 1.6354 million tons - Caustic soda: 697,700 tons - PVC: 1.0529 million tons - Fertilizer: 671,800 tons - Cement: 827,000 tons - Polysilicon: 17,600 tons [3] Investor Relations Activities - The investor relations event took place on May 31, 2024, at the company's administrative center in Inner Mongolia [2] - Participants included representatives from various funds and investment firms [2] Market Insights - The company's annual coal demand is estimated at 11-12 million tons, primarily for power generation [4] - Electricity costs account for approximately 50% of silicon iron production costs, fluctuating with coal prices [4] - The company primarily sells silicon iron to steel mills and metal magnesium plants, covering major steel manufacturers [4] - The export tax rate for silicon iron is set at 25% [4]