Zhuoer Zhilian (02098): Industrial Internet 100 billion leader, can't get out of the profit trap?
Segmented racetrack revenue of 100 billion dollars, why is Zhuoerzhilian (02098) not favored by market capital?
卓爾智聯:2023年度報告
Zall Smart Commerce Returns to Profit in 2023
Zall Smart Commerce Group (HKG:2098) posted an attributable profit of 50.9 million yuan in 2023, from a roughly 3.04 billion yuan loss in 2022, according to a March. 28 filing with the Hong Kong bours
Focusing on digital trade, Zhuoer Zhilian Group (2098.HK) ushered in both revenue and profit growth
Recently, Zhuoer Zhilian Group (2098.HK) announced its 2023 annual results. In 2023, the Group's revenue was 125.29 billion yuan, an increase of 12.97% over the previous year. Net profit of 656.76 million yuan. Compared with 2022, it successfully turned a loss into a profit. According to specific data, the Group's overall management and marketing expenses declined in 2023, and the gross profit of both online and offline businesses increased. Thanks to the Group's digitalization and refined operation, it also shows that Zhuoer Zhilian's various industrial chains have achieved remarkable results. The business model combining online and offline has begun to show its advantages, and the Group's gross profit structure is also being optimized. 1
Zhuoerzhilian (02098.HK) announced annual results, gross profit increased by about 44.1% to build a “B2B transaction service+supply chain service+digital technology cloud service” architecture system
On March 28, GLONGHUI (02098.HK) announced that for the year ended December 31, 2023, the Group's revenue increased by about 13.0% from approximately RMB 110,906.2 million in the previous year to approximately RMB 125,290.5 million. The increase was mainly due to increased revenue from supply chain management and trade operations. The Group's gross profit increased by about 44.1% from approximately RMB 587.4 million in the previous year to approximately RMB 846.6 million in the same year. The Group recorded a net profit of approximately RMB 65.7 million (2022: loss of approximately RMB 2,981)
Zhuoer Zhilian (02098) announced annual results. Profit attributable to shareholders of 509.15 million yuan turned a year-on-year loss into a profit
According to the Zhitong Finance App, Zhuoer Zhilian (02098) announced the results for the year ended December 31, 2023. The group obtained revenue of RMB 125.29 billion (same unit), an increase of 12.97% over the previous year; profit attributable to the company's equity shareholders was RMB 509.15 million, compared to a loss of 3.04 billion yuan for the same period last year; profit per share was 0.41 points. The announcement stated that the increase in revenue was mainly due to increased revenue from supply chain management and trade operations. For the year ended December 31, 2023, the Group's revenue from supply chain management and trade operations contributed approximately 99.5% of the Group's total revenue. As of
ZALL SMARTCOM: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2023
To help the sustainable development of the industry, Zhuoer Zhilian's Chemical Plastics Exchange won GRS certification
Recently, Liaoning Sulai New Materials Co., Ltd., the chemical-plastic exchange recycled plastics trading service platform under Zhuoer Zhilian, obtained Global Recycling Standard (GRS) certification, marking that the company has taken another solid step on the path of sustainable development. GRS (Global Recycled Standard) is an international, voluntary, and comprehensive product standard designed to promote the use of recycled materials and reduce negative impacts on the environment. The certification review includes four aspects: social responsibility, environment, chemicals, product regeneration components, and supply chain requirements. PP and P have been certified by the Plastics Exchange this time
Zall Smart Commerce Group Expects a 100 Million Yuan Profit in 2023
Zall Smart Commerce Group (HKG:2098) expects a net profit of 100 million yuan for the year ended Dec. 31, 2023, compared with a net loss of approximately 3 billion yuan in the previous year, according
Zhuoerzhilian (02098.HK) Yingxi: Net profit is expected to be no more than 100 million yuan in 2023, turning a year-on-year loss into a profit
Gelonghui, March 19 | ZhuoerZhilian (02098.HK) announced that the board of directors expects the Group to record a net profit of not more than RMB 100 million for the year ended December 31, 2023, while a net loss of approximately RMB 3 billion for the year ended December 31, 2022. According to the information currently obtained by the board of directors, the board believes that the main reasons for turning loss into profit are (i) the overall business performance of the Group's supply chain management and trade division continued to develop steadily with the gradual recovery of the market, leading to a slight increase in revenue; (ii) the increase in the number of new investment properties transferred to rental use during the year, and the value of the property
ZALL SMARTCOM: POSITIVE PROFIT ALERT
Zhuoerzhilian (02098.HK) will hold a board meeting on March 28 to approve the annual results
On March 15, GLONGHUI (02098.HK) issued an announcement. The board meeting will be held on March 28, 2024 to consider and approve the annual results and announcements of the company and its subsidiaries for the year ended December 31, 2023, and to consider declaring a final dividend (if any).
Insiders In Zall Smart Commerce Group Still Down 20% On CN¥5.00m Investment
Insiders who purchased CN¥5.00m worth of Zall Smart Commerce Group Ltd. (HKG:2098) shares over the past year recouped some of their losses after price gained 24% last week. However, the purchase is p
Zall Smart Commerce Keeps Wuhan Zhongbang Bank as Financial Services Provider Until 2026
Zall Smart Commerce Group (HKG:2098) will continue receiving financial services from Zall Holdings unit Wuhan Zhongbang Bank for three more years as part of a renewed framework agreement. The bank wil
China IoT: China's warehousing index in November was 52.2%, down 1.3 percentage points from the previous month
On December 4, China's warehousing index, jointly surveyed by the China Federation of Logistics and Purchasing and China Storage Development Co., Ltd., was 52.2% in November 2023, up 1.3 percentage points from the previous month.
Chemical Plastics Fair, a subsidiary of Zhuoer Zhilian (2098.HK), appeared at the 6th China International Plastics Recycling Exhibition
From November 8 to 10, ChinaReplas 2023, the 6th China International Plastics Recycling Exhibition was held in Ningbo. Plastics Exchange, a subsidiary of Zhuoer Zhilian, and its strategic partner Shuangwei Environmental Protection participated in the exhibition to display and promote 18 kinds of recycled plastic products on site, providing innovative solutions for the green development of the plasticizing industry chain. ChinaRePlas is a specialized exhibition for the recycled plastics industry. The exhibition area is over 10,000 square meters. More than 10 material application forums were held during the same period, providing a high-quality platform for the plastics recycling industry and enterprises to procure the latest technology and equipment, expand customers, and exchange information. The exhibition is now
Jointly write a new chapter in the integration of mathematics and reality. The 2023 Global Digital Trade Conference was held in Han
Connect the world intelligently and distribute goods to the world. On October 26, the 2023 Global Digital Trade Conference hosted by the Hubei Provincial People's Government, the Wuhan Municipal People's Government, the Hubei Provincial Department of Commerce, and the Huangpi District Government, Zhuoer Zhilian Group, and Hankou North Group was held in Donghu, Wuhan. More than 500 people, including well-known experts, scholars, and business representatives from the digital economy, diplomatic envoys from many countries, heads of business associations, and representatives of entrepreneurs, gathered to discuss the topic of integration of data and reality and discuss the new future of global digital trade. Seize a new circuit and write a new chapter of numbers, Jing Chu, Hubei provincial and municipal leaders explained in their speeches that Wuhan is the economy of the Yangtze River
Zhuoer Zhilian (02098): “Increase in revenue without increasing profit” significantly increase debt or drag down performance
Although Internet giants have already entered the market, no real industry oligarchy has yet been born in the emerging industrial Internet field.
China Agricultural Network and Chemical Plastics Exchange ranked among the “2023 China Top 500 Service Enterprises”
Author: Zallsc On September 20, the China Enterprise Federation and the China Entrepreneurs Association released lists such as “Top 500 Chinese Enterprises 2023” and “Top 500 Chinese Service Enterprises 2023”. China Agricultural Network and Chemical Plastics Exchange, a subsidiary of Zhuoer Zhilian, were also selected as the “2023 China Top 500 Service Enterprises”, ranking 174th and 264th respectively. This is the 6th year in a row that China Agricultural Network has entered this list, and the 2nd year in a row that Chemical Plastics Exchange has entered this list. According to the data, the total revenue of China's top 500 service enterprises in 2023 was 48.31 trillion yuan, and the entry threshold for the list was 7.823 billion yuan, compared to the previous
ZALL SMARTCOM: Interim Report 2023
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