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Xinbao Co., Ltd. (002705): Export sales continued to be booming in 24Q1, domestic sales continued to improve
Incident Overview The company released its 2023 annual report and 2014 quarterly report: 23: total operating income of 14.647 billion yuan (YOY +6.94%), net profit to mother of 977 million yuan (YOY +1.64%),
Xinbao Co., Ltd. (002705): Export sales remained strong in 24Q1, and domestic sales continued to improve
The 2023 annual report is in line with the performance report. The company disclosed its 2023 annual report, revenue of 14.65 billion yuan (YoY +6.9%), net profit to mother of 980 million yuan (YoY +1.6%), gross profit margin 22.7% (
SDIC Securities released a research report on April 27 stating that Xinbao shares (002705.SZ) were given a purchase rating. The main reasons for the rating include: 1) continued rapid growth in export sales and gradual improvement in domestic sales; 2) a
SDIC Securities released a research report on April 27 stating that Xinbao shares (002705.SZ) were given a purchase rating. The main reasons for the rating include: 1) continued rapid growth in export sales and gradual improvement in domestic sales; 2) a slight year-on-year increase in profitability in Q1; and 3) net outflow of Q1 operating cash flow. (Mainichi Keizai Shimbun)
Xinbao Co., Ltd. (002705) Annual Report Review Report: High increase in export revenue, category expansion opens up a new growth curve
Event: The company released its 2023 annual report and 2024 quarterly report. The company achieved operating income of 14.647 billion yuan in 2023, an increase of 6.94% over the previous year; achieved net profit of 977 million yuan to mother, an increase of 1
Xinbao Co., Ltd. (002705): The overseas inventory removal cycle ended, and the company's export sales resumed near a historical peak
2023/1Q24 results are basically in line with our expectations. The company announced 2023 and 1Q24 results: 2023 revenue of 14.647 billion yuan, +6.94% year-on-year; net profit to mother of 977 million yuan
Xinbao Co., Ltd. (002705): Export sales continued to be booming in Q1, and domestic sales gradually improved
Incident: Xinbao Co., Ltd. announced its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of 14.65 billion yuan, YoY +6.9%, net profit to mother of 980 million yuan, YoY +1.6%;
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