301058 COFCO Technology & Industry
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COFCO Technology & Industry News
COFCO Science and Technology (301058): Q4 profit increased sharply, new orders continued to grow
Incident: In 2023, the company achieved operating income of 2,414 billion yuan, a decrease of 10.51%; net profit to mother of 218 million yuan, an increase of 29.03%; net profit after deducting net income of 208 million yuan, an increase of 31.13%
Individual stocks with Chinese characters fluctuated higher. COSCO Offshore Holdings surged 8%, while COSCO Haite, Zhongke Co., Ltd., COFCO Science and Engineering, China Express, COSCO Haineng, and China Heavy Industries had the highest gains.
Individual stocks with Chinese characters fluctuated higher. COSCO Offshore Holdings surged 8%, while COSCO Haite, Zhongke Co., Ltd., COFCO Science and Engineering, China Express, COSCO Haineng, and China Heavy Industries had the highest gains.
COFCO Science and Technology (301058): Record high gross profit margin and net margin, excellent operating cash flow
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved operating income of 2,414 billion yuan, a year-on-year decrease of 10.51%, and achieved net profit of 218 million yuan to mother, an increase of 29 million yuan over the previous year.
COFCO Science and Technology (301058): Excellent operating cash flow performance, increased profit levels
Core view: COFCO Science and Technology released its 2023 annual report. According to the annual report, in 2023, the company achieved revenue of 2,414 billion yuan, -10.51% year on year; net profit to mother of 218 million yuan, 29.03% year on year; 23Q4
COFCO Science and Technology (301058): Rapid increase in profitability, significant improvement in cash flow
Revenue declined but profit continued to grow well. I am optimistic that the medium- to long-term investment value of the company achieved operating income of 2,414 billion yuan, -10.51% year over year, and realized net profit to mother of 218 million yuan, +29.03% year over year, after deducting negative
Tianfeng Securities released a research report on April 21 stating that it gave COFCO Science and Engineering (301058.SZ) an increase in holdings rating. The main reasons for the rating include: 1) revenue has declined but profits have maintained good gro
Tianfeng Securities released a research report on April 21 stating that it gave COFCO Science and Engineering (301058.SZ) an increase in holdings rating. The main reasons for the rating include: 1) revenue has declined but profits have maintained good growth, which is optimistic about medium- to long-term investment value; 2) new orders are generally stable, and gross margin of the main business has improved markedly; 3) cash flow has improved markedly, and expenses have not been effectively diluted due to the decline in revenue. (Mainichi Keizai Shimbun)
COFCO Science and Technology (301058): Improved profitability helps high net profit growth
Net profit to mother in '23 was +29.03% year over year, maintained “buy” rating year over year, achieved revenue/net profit of 24.14/ 218 million yuan in year 23, -10.51%/+29.03% year over year. Net profit to mother matched me
COFCO Technology & Engineering (301058.SZ): 2023 net profit of 218 million yuan, plans to distribute 10 to 1.5 yuan
Gelonghui, April 19: COFCO Science and Technology (301058.SZ) announced its 2023 annual report. Operating income for the reporting period was 2,414 billion yuan, down 10.51% year on year; net profit attributable to shareholders of listed companies was 218 million yuan, up 29.03% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 208 million yuan, up 31.13% year on year; basic income per share was 0.42 yuan; it plans to distribute a cash dividend of 1.50 yuan (tax included) for every 10 shares to all shareholders.
Food concepts fluctuated and increased, and the Jinjian rice industry rose and stopped, while COFCO Science and Engineering, Shennong Technology, Quanyin Hi-Tech, and Beidahuang followed suit.
Food concepts fluctuated and increased, and the Jinjian rice industry rose and stopped, while COFCO Science and Engineering, Shennong Technology, Quanyin Hi-Tech, and Beidahuang followed suit.
Fosun Weishi Fund, the majority shareholder of COFCO Technology & Engineering (301058.SZ), reduced its holdings by 2.34% at the end of the reduction period
COFCO Science and Technology (301058.SZ) announced that Shanghai Fosun, the company's shareholder holding more than 5% of the shares, is the only equity investment base for the first phase...
Express News | 56 individual stocks were traded in large quantities, with COFCO Science and Industry leading the premium rate of 20.76%
COFCO Science and Technology (301058.SZ): Not involved in liquid cooling server related business
Gelonghui, Feb. 23丨An investor asked COFCO Science and Technology (301058.SZ) on the investor interactive platform, “As an engineering service and equipment manufacturer in the cold chain field, does the company have any products or technologies that can be applied to liquid cooling servers related to data centers?” The company replied that the company is not involved in liquid-cooled server related business for the time being.
Express News | Today, 76 A-share stocks were traded in bulk. Bohai Leasing, China Eastern Airlines, and Kweichow Moutai ranked in the top three in terms of turnover
COFCO Science and Technology (301058.SZ): Not involved in snow machine-related business
Gelonghui, January 9丨An investor asked COFCO Science and Technology (301058.SZ) on the investor interactive platform. “Currently, snow and ice tours are very popular with tourists. What are the competitive advantages of the company's snow machines? What's the current sales situation?” The company replied that the company is a comprehensive technical service provider and equipment manufacturer for the domestic agrifood and cold chain logistics industry, mainly serving the storage and logistics fields of rice, wheat, oil, feed, corn and grain, as well as the refrigeration and cold chain logistics fields of agricultural and sideline products. The company is currently not involved in snow machine-related business.
COFCO Science & Engineering (301058.SZ): The production of products such as MMR mills, intelligent unpackers, and high-position palletizers is highly automated
On December 22, Gelonghui, COFCO (301058.SZ) stated on the investor interactive platform that the products produced by the company, such as MMR mills, intelligent unpackers, and high-position palletizers, etc., are highly automated. Furthermore, the company is also actively using new technologies such as “green intelligent low-temperature grain storage technology” for granary construction.
Zhou Zheng, former deputy general manager of COFCO Group Co., Ltd., was investigated
Zhou Zheng, a former party group member and deputy general manager of COFCO Group Co., Ltd., is suspected of serious breaches of discipline and law, and is currently undergoing disciplinary review and supervision investigation by the Central Commission for Discipline Inspection and the State Supervision Commission.
COFCO Science & Engineering (301058.SZ): With the exception of the roller workshop in the trial production stage of the project, all other production lines have been put into operation one after another
Gelonghui November 3 | COFCO Science & Engineering (301058.SZ) was surveyed by specific targets on November 2, 2023, on “How is the company's fund-raising project - COFCO Engineering Equipment (Zhangjiakou) Co., Ltd. Grain Processing Equipment Manufacturing Base Project (Phase II) currently progressing?” The company replied that the second phase of the company's fund-raising project at the Zhangjiakou Grain Processing Equipment Manufacturing Base is progressing smoothly and was completed in March 2023. With the exception of the roller workshop, which is in the trial production stage, all other production lines have been put into operation one after another. The commissioning of this fund-raising project will further increase the company's equipment self-supply ratio and effectively drive the company's equipment system
Fosun Weishi Fund, the majority shareholder of COFCO Science and Industry (301058SZ), reduced its holdings by a total of 205.30,700 shares at the end of the reduction period
COFCO Science & Industry (301058.SZ) announced that Fosun Weishi Fund, a shareholder holding 5% or more of the company's shares, has ended its holdings reduction period, and Fosun...
COFCO Science & Industry (301058) 2023 Third Quarter Report Review: Single quarter gross margin improved month-on-month, cash flow corrected year over year
The company disclosed the three-quarter report for 2023:23Q1-3 achieved revenue of 1,417 billion yuan, -12.38% year-on-year, net profit of 106 million yuan, +10.97% year-on-year, net profit of 93 million yuan after deduction of non-return net profit.
COFCO Technology (301058): Business transformation continues to advance, profitability and cash flow have improved
Investment highlights COFCO Science and Industry released its 2023 three-quarter report: the company achieved operating income of 1,417 billion yuan in the first three quarters of 2023, a year-on-year decrease of 12.38%; realized net profit of 106 million yuan, an increase of 10.9 million yuan over the previous year
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