300803 Beijing Compass Technology Development
- 42.69
- -0.38-0.88%
Beijing Compass Technology Development News
Compass (300803): Established Financial Information Service Providers Open a New Pattern of Integrating Two Wings
The business is on the fast track of growth. Since 2019, with the recovery of the stock market and the gradual implementation of the company's acquisition of Netcom Securities, the company's operating income and net profit have begun to fully recover. The compound growth rate of the company's revenue from 2018 to 2022
Compass (300803): Securities under pressure from traditional business have entered a healthy development path
Matters: Recently, the company released its 2023 annual report and 2024 quarterly report: in 2023, it achieved operating income of 1,113 billion yuan, a year-on-year decrease of 11.33%; net profit to mother was 73 million yuan, a year-on-year decrease of 78 million yuan.
Compass (300803): Operations were affected by mismatches in the marketing cycle, and McGow Securities continued to grow at a high rate:
Performance Overview On April 26, 2024, the company released its 2024 quarterly report. The company achieved revenue of 290 million yuan in the first quarter of 2024, a year-on-year decrease of 13.2%; achieved net profit after withholding
Express News | Compass: Net profit from mother for the first quarter was 16.789 million yuan, a year-on-year decrease of 70.74%
Express News | Compass establishes a new company including AI software development business in Shenyang
Can the compass of declining revenue and profit become the second Oriental Wealth company?
“Investor Network” Wu Wei Recently, a piece of news about Compass (300803.SZ)'s newly established subsidiary including multiple AI businesses attracted market attention. Prior to that, several investment institutions conducted research on Compass. Investors paid attention to its integration of McCall Securities (formerly Netcom Securities) and the progress of holding Pioneer Fund. It should be pointed out that although in 2023, Compass successfully incorporated the revenue of McGo Securities into the company's statements, the company's revenue for the current period still showed an 11.33% year-on-year decline, and net profit decreased by 78.54% year-on-year. And the fourth quarter of 2023
Express News | Compass establishes a new e-commerce subsidiary in Shanghai, including multiple AI businesses
Express News | 202 companies were surveyed by institutions, and Compass ranked first by 187 institutions
Zhongyan Dadi (003001.SZ): Plans to increase investment of 8 million US dollars in Vietnam's compass
Gelonghui, Feb. 1: Zhongyan Dadi (003001.SZ) announced that according to the company's overseas strategic plan, in order to meet the development needs of the company's holding subsidiary Compass Geotechnical Engineering Technology Co., Ltd. (“Vietnam Compass”), it was agreed that the company would increase its investment in Vietnam Compass by US$8 million on top of the previously approved investment amount of US$2.5 million. After completing the capital increase, the total planned investment in Vietnam Compass is US$10.5 million.
Research Report: Guoxin Securities: Compass Internet Securities Business Can Be Expected to Develop, Maintaining a “Buy” Rating
GLONGHUI, January 30 | Guoxin Securities Research Report pointed out that Compass (300803.SZ)'s 2023 performance decline is due to a decline in capital market sentiment and an impact on financial information service businesses due to sluggish transactions, and second, high costs due to participation in the restructuring of subsidiaries and capital increases. The bank lowered the company's revenue forecast for 2024 and 2025 to 1,148 billion yuan and 1,297 billion yuan due to capital market fluctuations and participation in subsidiary restructuring and capital increases. Looking ahead to 2024, as market activity improves, the company will continue to complete the transformation and upgrading of advantageous functions such as seats and private equity
Compass (300803): The main information industry declines, securities business restoration focuses on fixed growth progress
The company's main business performance declined due to a high correlation between revenue and capital market prosperity. In 2023, the company achieved total revenue of 1,113 billion yuan, a year-on-year decrease of 11%; realized net profit of 73 million yuan to mother, after deducting non-recurring
Compass (300803): Market adjustments, declining performance, high stock growth, optimistic about growth
Guide to this report: Weak market sentiment combined with large amounts of cash from asset restructuring expenses affected interest income, and the company's performance declined; the newly acquired securities business increased and public funds were laid out, so the company's future growth is worth looking forward to. Key investment points: maintain an increase in holdings rating,
Research Report Nuggets丨Guojin Securities: Compass Financial Information Service has been gaining momentum for 24 years and maintains a “buy” rating
Gelonghui, January 29 | Guojin Securities Research Report pointed out that based on the Compass (300803.SZ) 2023 report and the positive outlook for the subsequent McGow Securities exhibition, the bank expects the company's net profit to be 3.7/7.7/1.05 billion yuan in 2024-2026, an increase of 411.5%/108.3%/35.0% year-on-year, maintaining a “buy” rating. Looking ahead to 2024, it is expected that the company will officially launch a two-pronged development model of financial information services+securities & funds. Currently, the company's application materials for issuing shares to specific targets are still being reviewed by the Shenzhen Stock Exchange.
Compass (300803) Company Review: Financial Information Services Gathered Momentum in 24 Years, McGow Turned Losses into Profits for the First Time
On January 26, 2024, the company released its 2023 annual report. The company achieved revenue of 1,113 billion yuan in the full year of 2023, a year-on-year decrease of 11.3%; realized net profit after deduction of 65 million yuan, a year-on-year decline
Compass (300803): Market downturn puts pressure on overall performance, McGao achieved operating profit in the first year
Incident: The company released its 2023 annual report, achieving total revenue of -11.33% to 1,113 billion yuan; net profit to mother -78.54% year-on-year to 73 million yuan; net assets to mother of 1,873 billion yuan, compared
Express News | Compass: 2023 net profit of 73 million yuan fell 78.54% year on year
Express News | 11 brokerage firms disclose 2023 results, 5 high growth, 3 decline
Express News | Eight brokerage firms revealed that more than half of their 2023 results achieved high growth
compass diving
Gelonghui, January 9 | Compass's afternoon dive fell by more than 10%, with a transaction of nearly 500 million yuan.
Research Report Nuggets: Guojin Securities: Investing in Pioneer Funds with a Compass, Launching a New “One, Two Wings” Business Pattern
Gelonghui, December 26 | According to the Guojin Securities Research Report, Compass (300803.SZ) competed for 34.21% of the shares of Pioneer Fund held by Joint Venture Group with 110 million yuan. The transaction helped the company form a new pattern of “two wings in one” business development with financial information services as the main body, securities services and public fund services, and the company's comprehensive wealth management capabilities continued to be strengthened. With the marketing and promotion of the company's high-end products in the fourth quarter and the good progress of McGill Securities's various businesses, the company's business performance in Q4 '23 and the full year of '24 is still worth looking forward to. Maintain a “buy” rating.
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