00220 U-PRESID CHINA
- 6.620
- +0.500+8.17%
U-PRESID CHINA News
Unified Enterprise China (00220) profit after tax for the first quarter was 457 million yuan
Unification Enterprise China (00220) announced that the company was invested within 3 months ending March 31, 2024...
Unify Enterprise China (00220.HK): 1Q24 to achieve a successful start and highlight the company's investment value
The company's recent situation The company announced its 1Q24 business situation. Overall revenue growth was low by double digits, achieving net profit of 457 million yuan, -6.3% year-on-year. After excluding 1Q23 Hefei factory land sales revenue (about 256 million yuan), it is possible
Jefferies: Maintaining the Unified Enterprise China (00220.HK) “Buy” Rating Target Price Raised to HK$8.2
Jefferies released a research report stating that it maintains the “buy” rating of the unified enterprise China (00220.HK). After the first quarter results were announced, the net profit forecast for each year from 2024 to 2026 was raised by 16%, 19% and 19%, respectively, and the target price was raised from HK$6.9 to HK$8.2.
Express News | Goldman Sachs: Upgraded the rating of the unified enterprise China Holdings Limited to buy, with a target price of HK$7.30.
Hong Kong food stocks continued to rise. The unified enterprise China rose more than 8.5%, Master Kong rose more than 3.5%, and China Wangwang and China Foods both rose more than 2%.
Hong Kong food stocks continued to rise. The unified enterprise China rose more than 8.5%, Master Kong rose more than 3.5%, and China Wangwang and China Foods both rose more than 2%.
Changes in Hong Kong stocks | Unified Enterprise China (00220) rose more than 13% to hit a new high in nearly a year. Q1 profit after tax of 457 million yuan, and gross margin increased better than expected
Unified Enterprise China (00220) rose by more than 13%, reaching a high of HK$6.95 since June 2023. As of press release, it rose 13.07% to HK$6.92, with a turnover of HK$17.619,400.
Featured announcements | SMIC's Q1 net profit of US$71.792 million, down 68.9% year on year; Teb International plans to sell business for nearly HK$1.2 billion
Aobo Holdings' net loss for the first quarter was HK$74 million, a year-on-year narrowing of 91.48%; Huahong Semiconductor's Q1 net profit of US$31.818 million decreased by 79.1% year-on-year.
統一企業中國：2023年年報
Big Bank Rating | Damo: It is expected that this year's beverage business growth will improve and reduce the target prices of Master Kong, Unification and Chinese food
Glonghui, April 17 | Morgan Stanley released a report on the Mainland's food and beverage industry, indicating that with the recovery in tourism demand, the beverage business growth will improve this year. Benefiting from falling raw material costs, profit margins will increase, but the year-on-year increase will be small. Compared to unification, the bank favors Master Kong. The bank believes that unification is facing challenges including slow recovery in demand for noodles; if palm oil prices rise, profit margins in the noodle business will be under pressure; and there are no plans to raise prices. However, the market has fully considered Master Kong's downside risks and made conservative predictions. Furthermore, the bank indicates that the valuation of Chinese food is reasonable, and the performance of the carbonated beverage business will continue to be a major concern
Unification Enterprise China (00220.HK) was increased by 100,000 shares by Executive Director Liu Xinhua
Gelonghui, March 22丨According to the Stock Exchange's latest equity disclosure data, on March 19, 2024, Unified Enterprise China (00220.HK) was granted an increase of 100,000 shares by Executive Director Liu Xinhua at an average price of HK$5.65 per share on the market, involving approximately HK$565,000. After the increase in holdings, Liu Xinhua's latest shareholding was 310,000 shares.
Unified Enterprise China (00220.HK) received an increase of 100,000 common shares by Liu Xinhua, worth approximately HK$565,000
On March 21, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 21, Liu Xinhua increased her shareholding of $100,000 common shares of $Unified Enterprise China (00220.HK) at an average price of HK$5.65 per share on March 19, worth about HK$565,000. After the increase in holdings, Liu Xinhua's latest shareholding was 310,000 shares, and the good position ratio was 0.00%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. The directors and top executives of listed companies must
Bank Rating | DBS: Lowering the target price of the unified enterprise in China to HK$6.5 to maintain the “buy” rating
Glonghui, March 13 | DBS published a report indicating that the unified enterprise China is growing steadily and has an attractive dividend ratio, which supports its valuation. As of the end of December last year, the company's net cash position remained stable at 6.486 billion yuan, of which 7.565 billion yuan in cash and total loans of 1,079 billion yuan. Assuming a payout ratio of 113%, it is estimated that the dividend rate could reach 7%. The company's current valuation is equivalent to 14.8 times the projected price-earnings ratio in 2024, maintaining a “buy” rating, and the target price has been lowered from HK$8.5 to HK$6.5. According to the report, the core profit of the unified last year increased by 14.8% year-on-year, in line with the forecast
Bank Ratings | J.P. Morgan Chase: Maintaining a unified enterprise, China's “increase in holdings” rating dividend rate is attractive
Glonghui, March 11 | J.P. Morgan Chase released a report saying that the sales volume of Unified Enterprise China increased by 1.2% year-on-year last year, 3% lower than market expectations. Adjusted profit increased 15.5% year-on-year, exceeding market expectations by 9%. The unified target for this year is to increase sales by about 10%, driven by new products (unsweetened tea and prepared dishes) and new channels (tourist attractions/transportation hubs); core net interest rates have increased by 4.9% since then, but no specific figures have been provided. Motong's forecast is conservative. It is expected that this year's sales and profit will increase by 7% and 11%, respectively. Currently, the stock price corresponds to 13.3 times this year's price-earnings ratio. This year
Komo: Maintaining a unified enterprise China (00220) “increase in holdings” rating target price reduced to HK$7.5
Komo expects sales and profits of Unified Enterprise China (00220) to increase 7% and 11% year-on-year, respectively, this year.
Uni-President China Holdings Ltd Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Shareholders of Uni-President China Holdings Ltd (HKG:220) will be pleased this week, given that the stock price is up 12% to HK$5.52 following its latest annual results. Uni-President China Hol
Unified Enterprise China (0220.HK) 2023 Annual Report Review: Increased Profitability & Dividends Expect Revenue Growth to Recover in '24
Event: On March 6, 2024, the company disclosed the 2023 year-end results announcement, which achieved total revenue of 29.225 billion yuan (YOY 2.54%) and main revenue of 28.591 billion yuan (YOY)
Express News | China Merchants Securities International lowered the target price of the unified enterprise in China to HK$6.1, maintaining the “increase in holdings” rating.
Bank Rating | CMB International: Lowering the target price of unified enterprises in China to HK$6.1 to maintain “gain” rating
According to a report published by China Merchants Securities International, the sales volume of unified enterprises in China in the second half of last year was 14 billion yuan, down 2.1% from year to year, 7% lower than the forecast of China Merchants Securities International. Although the company's management expects double-digit year-on-year revenue growth for the 2024 fiscal year, the bank is conservative and is expected to grow by 9.2% year-on-year. As the prices of most of the company's raw materials continued to fall until the 2024 fiscal year, the bank predicts that the unified gross margin will continue to expand, increasing 0.8 percentage points from year to year. Overall, the bank lowered its earnings per share forecast for the 2024 and 2025 fiscal years by 4% and 5%, respectively. Based on FY2024 per share
Bank Ratings | UBS: Slightly raise the target price of unified enterprises in China to HK$6.83 and raise earnings per share for 2024-26
Glonghui, March 8 | UBS released a report saying that the revenue and EBITDA of unified enterprise China for the year ended December last year were generally in line with expectations; driven by lower tax expenses, net profit for the period increased by more than 36% year-on-year to 1,667 billion yuan, higher than the market's general expectation of 1,576 billion yuan. Excluding the disposal revenue of the Hefei plant of about 256 million yuan in 2023, the bank estimates that its recurring net profit for the previous year was recorded at 1,411 million yuan. The gross margin and net profit margin of pasta products increased to 25.5% and 0.8% during the period, mainly due to lower raw material costs and more accurate cost control
Uni-President China Holdings Inks Logistics Deal; Shares Surge 16%
Uni-President China Holdings (HKG:0220) inked a new logistics services deal with Uni-President Enterprises (TPE:1216), according to a Wednesday filing with the Hong Kong Stock Exchange. The latest agr
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