Recently, the listed steel companies have successively released their 2023 annual performance forecasts, showing a situation of two heavens, with listed state-owned steel enterprises Chongqing Iron and Steel, Eight Iron and Steel Steel, Liugang Iron and Steel Co., Ltd., Sangang Minguang, Shandong Iron and Steel Co., Ltd., and Linggang Iron and Steel Co., Ltd. suffering losses, of which heavy steel has a loss of nearly 1.6 billion yuan and Eight Iron and Steel Co., Ltd. has a loss of 1.1 billion. Zhongnan shares, which are also state-owned steel enterprises, and Baotou Iron and Steel Co., Ltd. turned losses into profits, of which the net profit of Baotou Iron and Steel Co., Ltd. will increase by about 11800 million to about 12900 million yuan, an increase of 161 year-on-year65% to 17672%！Details are as follows:
Chongqing Iron and Steel: pre-loss of 159.2 billion yuan
Chongqing Iron and Steel announced the 2023 annual results pre-loss announcement, and according to the preliminary calculation of the financial department, it is expected that the net profit attributable to shareholders of the listed company in 2023 will be about -1592000000 yuan. It is estimated that the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses in 2023 will be about -161,200 yuan.
Bayi Iron and Steel: Expected loss of 11About 2.1 billion yuan
On the evening of January 25, Bayi Iron and Steel announced that it is expected to achieve a net profit attributable to the owners of the parent company of -11 in 2023about 2.1 billion yuan, compared with the same period last year, to achieve a loss. It is expected to achieve a net profit attributable to owners of the parent company after deducting non-recurring gains and losses of -10About 6.3 billion yuan.
Liugang shares: pre-loss 86.4 billion to 107.1 billion yuan
Liugang announced on January 26 that it is expected to achieve a net profit loss attributable to the owners of the parent company of 8$6.4 billion to $107.1 billion yuan, a loss of 23 in the same period last year4.2 billion yuan.
Sangang Minguang: The pre-loss is about 66.4 billion yuan
Sangang Minguang released a performance forecast on the evening of January 29, and it is expected that the net profit loss attributable to shareholders of listed companies in 2023 will be about 66.4 billion yuan, a year-on-year change from profit to lossThe decrease was 57837% or so。Basic earnings per share loss was 0$27. Basic earnings per share in the same period last year were 006 yuan.
Shandong Iron and Steel: pre-loss 3700 million yuan-4500 million yuan
Shandong Iron and Steel announced its 2023 annual performance forecast, and according to the preliminary calculation of the financial department, it is expected that the net profit attributable to the owners of the parent company in 2023 will be -450 million yuan to -370 million yuan, which will be a loss compared with the previous year. Net profit attributable to owners of the parent company after deducting non-recurring gains and losses ranged from -750 million yuan to -670 million yuan.
Linggang shares: pre-loss 6About 7.7 billion yuan
Linggang announced that the company expects to lose money in 2023 and achieve a net loss attributable to the owners of the parent company of 6About 7.7 billion yuan
Zhongnan shares: the net profit is expected to be 10 million yuan
Zhongnan Co., Ltd. released a performance forecast on the evening of January 17, and it is expected that the net profit attributable to shareholders of listed companies in 2023 will be 10 million yuanYear-on-year turnaround。Basic earnings per share was 00041 yuan. Basic earnings per share loss was 05296 yuan.
Shengde Xintai: Estimated net profit of 100 million yuan 11.5 billion yuan
Shengde Xintai released a performance forecast on the evening of January 18, and it is expected that the net profit attributable to shareholders of listed companies in 2023 will be 100 million yuan1.5 billion yuanA year-on-year increase of 3615%~56.57%
Hangzhou Iron and Steel Co., Ltd.: The net profit is expected to be 16.8 billion yuan
Hangzhou Iron and Steel Co., Ltd. released a performance forecast on the evening of January 29, and it is expected that the company will achieve a net profit attributable to the owners of the parent company in 20236.8 billion yuan, a decrease of about 31.2 billion yuan,A year-on-year decrease of 64About 99%.
Shagang shares: expected net profit of 18.8 billion yuan 2200 million yuan
Shagang Co., Ltd. released a performance forecast on the evening of January 26, and it is expected that the net profit attributable to shareholders of listed companies in 2023 will be 18.8 billion yuan 2200 million yuanA year-on-year decrease of 5145%~58.51%；Basic earnings per share was 00857 yuan 01003 yuan.
Jinling Mining: Estimated net profit of 21.5 billion 2500 million yuan
Jinling Mining released a performance forecast on the evening of January 23, and it is expected that the net profit attributable to shareholders of listed companies in 2023 will be 21.5 billion 2500 million yuanA year-on-year increase of 585%~23.08%；Basic earnings per share was 0361 yuan 042 yuan.
Fushun Special Steel: Estimated net profit of 3600 million-4500 million yuan
Fushun Special Steel announced on the evening of January 16 that it is expected to achieve a net profit attributable to shareholders of listed companies of 36,000 in 2023000000 to 45000000,000 yuan, with the previous yearCompared with the same period (year-on-year), it increased by 8320% to 12899%
Baotou Iron and Steel Co., Ltd.: Estimated net profit of 4500 million to 5600 million yuan
Baotou Steel Co., Ltd. released a performance forecast on the evening of January 29, and it is expected that the net profit attributable to the owners of the parent company in 2023 will be 4500 million to 5600 million yuan, compared with the same period last year, the realization of turnaround will increase by about 11800 million to about 12900 million yuan,An increase of 161 year-on-year65% to 17672%
Wujin Stainless Steel: It is expected that the net profit will be about 3About 5.3 billion yuan
Wujin Stainless Steel released a performance forecast on the evening of January 25, and it is expected to achieve a net profit attributable to shareholders of listed companies of about 3 in 20235.3 billion yuan, an increase of about 1About 3.8 billion yuanThis represents a year-on-year increase of 6413% or so
Yulong shares: expected net profit of 3900 million to 4600 million yuan
Yulong Co., Ltd. released a performance forecast on the evening of January 25, and it is expected that the net profit attributable to the owners of the parent company in 2023 will be 3900 million to 4600 million yuan, an increase of 9869 compared with the same period last year550,000 yuan to about 16.9 billion yuan,This represents a year-on-year increase of 3388% to 5791%
Youfa Group: Estimated net profit of 53.4 billion yuan - 59.4 billion yuan
Youfa Group released an announcement on the evening of January 29 on the expected increase in 2023 annual results, and it is expected that the net profit attributable to shareholders of listed companies in 2023 will be 53.4 billion yuan - 59.4 billion yuanThis represents a year-on-year increase of 7983%—100.03%
Changbao shares: estimated net profit of 7400 million 8300 million yuan
Changbao Co., Ltd. released a performance forecast on the evening of January 23, and it is expected that the net profit attributable to shareholders of listed companies in 2023 will be 7400 million 8300 million yuanA year-on-year increase of 571%~76.21%；Basic earnings per share was 083 yuan 093 yuan.
From the above data, we can draw the following conclusions:
1.The six losses were all state-owned steel enterprises
According to the performance forecast of listed steel enterprises that has been announced, it can be seen that there are 17 steel companies with losses of 6, all of which are state-owned steel enterprises, of which heavy steel, eight steel and Liugang are expected to lose more than 1 billion yuan, and Chongqing Iron and Steel has a huge loss of nearly 1.6 billion yuan; Sangang Minguang's performance has declined seriously compared with the same periodThe net profit loss was about 66.4 billion yuan, year-on-year from profit to loss,The decrease was 57837% or so
2.State-owned enterprises are now "two heavens".
State-owned steel enterprises are not all losses, the above statistics show that a total of 17 steel enterprises, of which 11 are state-owned steel enterprises, 6 have losses, 5 profitable steel enterprises in Baotou Iron and Steel Co., Ltd., Fushun Special Steel, Jinling Mining, Zhongnan Iron and Steel performance increased year-on-year. Among them, Baotou Iron and Steel Co., Ltd. will increase by about 11800 million to about 12900 million yuan,An increase of 161 year-on-year65% to 17672%。The net profit of Hangzhou Iron and Steel Co., Ltd. was 16.8 billion yuan, a decrease of about 31.2 billion yuan,A year-on-year decrease of 64About 99%.
3.Private steel enterprises have performed well
Among the 6 private steel enterprises, the net profit of Shagang is 18.8 billion yuan 2200 million yuanA year-on-year decrease of 5145%~58.51%In addition, other steel enterprises have seen a year-on-year increase. Among them, the net profit of Youfa Group was 53.4 billion yuan - 59.4 billion yuanThis represents a year-on-year increase of 7983%—100.03%。
Judging from the data of the 17 listed steel companies released so far, 9 have increased their performance, more than half. From these data, we see that some of the huge losses, some of the turnaround, a large increase, which indicates that the steel industry is still in a period of deep adjustment, steel enterprises are still facing more possibilities, steel enterprises need to continue to optimize the production process, improve product quality and reduce costs, in order to adapt to the changes in market demand, and in the competition to get better development.