The first half net profit of Baoti increased 28.64% compared with the same period last year.

Published: Jul 30, 2020 09:32 (GMT+8)

Save

SMM News: recently, Baoti shares disclosed semi-annual report that the company achieved operating income of 2.037 billion yuan in the first half of 2020, an increase of 3.67% over the same period last year; the net profit belonging to shareholders of listed companies was 142 million yuan, an increase of 28.64% over the same period last year. The income per share is 0.3304 yuan.

Bao Ti Co., Ltd. is mainly engaged in the production, processing and sales of titanium and titanium alloys, and is the largest production and scientific research base of titanium and titanium alloys in China. The company has international advanced and perfect titanium production system, the main products are various specifications of titanium and titanium alloy plates, strips, foils, tubes, rods, lines, forgings, castings and other processing materials and various metal composite products.

Titanium materials in the company's products are mainly used in the following areas:

1. Aviation, aerospace and shipping: mainly used as cabin frame of spaceship, rocket engine shell, combustion chamber, butt joint, engine boom of liquid fuel engine in aerospace, engine blade, protective plate, rib, wing, landing gear, etc., hydrofoil and walker on warship.

2. In petroleum and chemical industry, it is mainly used as condenser and air cooling heat exchanger in oil refining, cooling tube and titanium anode in chlor-alkali industry, main structural components of electrolytic cell equipment in electrolytic cell industry and electroplating industry, etc.

3. Metallurgical industry: pipes, pumps, valves and heating plates mainly used for hydrometallurgical production of precious metals;

4. Other aspects: such as pipes and evaporators in seawater desalination industry, medical instruments in medical field, orthopedic materials (such as inner heart valve, inner heart valve diaphragm, bone joint, etc.), golf head, club, etc.

"SMM online Q & A" has come to the market, price, information if you have any questions, feel free to ask!

Scan the QR code and join the SMM metal communication group.

Titanium aviation materials performance

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

[SMM Chromium Flash] Global Chrome Ore Departures Fall 2.74% WoW to 642,500 mt, Maputo Rebounds

Global chrome ore departures totaled 642,500 mt in the week ended October 2, down 2.74% week-on-week, according to SMM's latest data. The modest headline decline masks a significant reshuffling beneath the surface, as a sharp rebound at Maputo was offset by pullbacks at Richards Bay and Mersin. Maputo departures rose to 488,800 mt from 340,200 mt, a 43.68% increase that lifted the port's share of total departures back to roughly 76% from about 51.5% a week earlier, reversing the prior week's shift toward a more distributed export mix. Richards Bay fell to 95,700 mt from 227,800 mt, a 57.99% decline that gave back the bulk of the prior week's rebound, while Mersin eased 31.52% to 58,000 mt from 84,700 mt. Beira again recorded no chrome ore departures, remaining inactive for a fourth consecutive week. The week's data points to a reversion toward the more Maputo-concentrated flow pattern seen through most of August and September, with the prior week's broader distribution across ports proving short-lived. Whether Richards Bay's pullback reflects a one-off after an unusually strong prior week or a return to its more intermittent loading pattern will be worth monitoring in the coming weeks.

1 hour ago

3 hours ago

[SMM Chromium Flash] China's High-Carbon Ferrochrome Output Drops 3.17% MoM in September as Cost Inversion Bites

SMM data showed that China's high-carbon ferrochrome output in September 2026 fell 3.17% MoM, a wider decline than August's 1.25%. Output remained 18.8% higher YoY, though growth slowed from 20.36% in August. Output for January to September was up 30.84% YoY, compared with 32.56% at the end of August. The slowdown reflects squeezed margins. Firm coke prices, higher power tariffs and slow-moving chrome ore prices raised costs, while lower steel mill tender prices pressured ferrochrome prices, so southern producers, where costs are highest, cut output most. Output in the northern producing region held up better and kept national volumes well above last year, which is why YoY and YTD growth remain strong even as the MoM trend turns down. SMM expects output to ease only slightly from here, with weaker stainless steel demand offset by lower chrome ore costs and fixed long-term contract volumes.

3 hours ago

Liberia survey flags early-stage anomalies across Zodiac licences

[SMM Tantalum & Niobium Flash] Zodiac Gold has completed 10,661 soil samples across 530 km² of its Bomi South and Bong West licences in Liberia. National stream-sediment maps place parts of the licence package within the top 0.5% of Liberia’s dataset for 16 elements, including tantalum and niobium. Zodiac’s portable-XRF screening of 2,270 soil samples returned niobium values up to 61 ppm; the release provided no corresponding quantified tantalum soil result. The findings broaden the licences beyond their primary gold focus and identify areas for follow-up mapping and infill sampling. They remain reconnaissance evidence, not a tantalum or niobium discovery: portable-XRF readings are preliminary, most samples have not yet been screened for multiple elements, and no drilling, mineral resource, metallurgy or economic study has established recoverable mineralisation.

3 hours ago