SMM7 March 8 News: this morning, A-share three major indexes rose collectively, shipbuilding plate rose sharply, aerospace, brokerage, rare earth, non-ferrous metals and other plates led the gains. The net inflow of capital going northward exceeded 3 billion yuan.

By the end of the day, the rare earth permanent magnet plate was up more than 5%. Minmetals rare earths, medium color shares, northern rare earths, Jiaozuo Wanfang, Guangsheng non-ferrous seals, Shenghe Resources, Xiamen Tungsten Industry, Jintian Copper Industry and so on have followed up.

Interpretation of Hot stocks-Jiaozuo Wanfang

According to information released on the Shanghai and Shenzhen stock exchanges on July 07, 2020, Jiaozuo Wanfang was on the list because it became the top five securities with a daily deviation of 7%. Jiaozuo Wanfang closed at 6.96 yuan on the same day, an increase of 9.95%, a deviation of 8.28%, a turnover of 993 million yuan, and a turnover rate of 12.19%.

Jiaozuo Wanfang issued a semi-annual performance forecast on the evening of the 6th, saying that the company made a profit of 1.3-170 million yuan during the reporting period, compared with a loss of 34.3189 million yuan in the same period last year. During the reporting period, the prices of prebaked anodes, coal, alumina, electricity and other major raw materials and energy prices decreased compared with the same period last year. In addition, the company's futures hedging business income increased compared with the same period last year, and it is estimated that the impact of non-recurrent gains and losses including hedging business income on the company's current net profit is about 39.7 million yuan.

Jiaozuo Wanfang is mainly engaged in aluminum smelting and processing, and the sales of aluminum products and metal materials. The company holds an 11.73% stake in rare earths in China, making it the third largest shareholder in rare earths in China.

SMM believes that in terms of light rare earths, the price rebound of praseodymium and neodymium oxide since mid-June has reached the year's highest level of 292000 yuan / ton, while the trading volume is still low and the actual trading has not yet caught up, so the market still needs time to digest and consolidate this price. In terms of medium and heavy rare earths, terbium oxide, the supply of goods in the market is tight, the market has expectations for collection and storage, and there is a transaction support for the high prices of on-demand procurement by downstream enterprises, and prices are expected to maintain a strong upward trend before storage. Dysprosium oxide, recently affected by market demand and other factors, prices have declined slightly, but are expected to be affected by the positive impact of inventory expectations or maintain a relatively stable situation.

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