Investor Optimism Abounds Beijing Gehua Catv Network Co.,Ltd. (SHSE:600037) But Growth Is Lacking
When you see that almost half of the companies in the Media industry in China have price-to-sales ratios (or "P/S") below 2.5x, Beijing Gehua Catv Network Co.,Ltd. (SHSE:600037) looks to be giving off
Gehua Cable (600037): Performance is basically in line with expectations, focusing on the integrated development of “cable+5G+ government enterprise”
The 2023 and 1Q24 results are basically in line with our expectations. The company announced 2023 and 1Q24 results: 2023 revenue of 2,434 billion yuan, a year-on-year decrease of 0.3%; net loss to mother of 172 million yuan.
Gehua Cable (600037.SH): Net loss of 177 million yuan in 2023 was changed from profit to loss year over year
Gehua Cable (600037.SH) disclosed its 2023 annual results report. The company achieved total operating revenue during the reporting period...
Further Weakness as Beijing Gehua Catv NetworkLtd (SHSE:600037) Drops 4.6% This Week, Taking Five-year Losses to 33%
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to find enough winners to more than offset the losers So we wouldn't blame long term
Gehua Cable (600037): Short-term performance is under pressure, radio, television, 5G, and government and enterprise affairs are progressing steadily
Report Summary: Incident: The company released its 2023 performance forecast on the evening of January 23. It is expected to achieve net profit attributable to mother -2.09 to -148 million yuan in 2023; it is expected to deduct non-net profit -0.20 to 0.41 million yuan
The stock price of the participating company Guiguang Network fell, and Gehua Cable's performance turned into a loss last year
① Affected by the falling stock price of the participating company Guiguang Network, Gehua Cable experienced its first annual performance loss since listing, which is expected to exceed 148 million yuan. ② Last year, Guiguang Network had a cumulative decline of nearly 40%. As of September 30, 2023, Gehua Cable held 299.564 million shares of Guiguang Network, accounting for 2.48% of Guiguang Network's total share capital.
Gehua Cable (600037.SH) forecasted a net loss of 148 million to 209 million yuan in 2023 from profit to loss year-on-year
According to the Zhitong Finance App, Gehua Cable (600037.SH) disclosed its 2023 annual results forecast. The company expects a net loss attributable to shareholders of the parent company during the reporting period of 148 million yuan to 209 million yuan, changing from profit to loss over the previous year. Net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss was -1994.57 million yuan to 407.455 million yuan. The main reason for the pre-loss in the company's performance during the reporting period was a significant year-on-year decline in the fair value of Guiguang Internet shares held by the company, and the July-August torrential rain disaster in Beijing also had a certain impact on the company's operating performance.
Gehua Cable refutes the rumor of “deliberate suppression of stock prices”: there are no undisclosed matters that should be disclosed, so don't take unfounded speculations on the Internet lightly | Direct attack on the performance meeting
① In response to investors' analysis and evidence about “the Ministry of Investment and Finance suppressing the company's stock price,” Gehua Cable responded at the performance conference today that there was no deliberate suppression of stock prices, nor were there any undisclosed matters that should be disclosed. ② Furthermore, in response to changes in management, Gehua Cable stated that the relevant leaders were all transferred to normal jobs or retired at an old age, and that the relevant positions were not vacant for a long time, but were hosted and handled by other personnel.
Beijing Gehua Catv NetworkLtd (SHSE:600037) Adds CN¥376m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 20%
Beijing Gehua Catv Network Co.,Ltd. (SHSE:600037) shareholders should be happy to see the share price up 13% in the last month. But that doesn't help the fact that the three year return is less imp
[BT Financial Report Instantaneous Analysis] Gehua Cable's 2023 Quarterly Report: Debt has decreased, cash flow has increased, but net profit has declined, and challenges and opportunities coexist
This financial report was announced on 2023-10-27 17:24:13 Gehua Cable (stock code: 600037) is a company engaged in the development, operation, management and maintenance of radio and television networks in Beijing. The company's main business includes radio and television program transmission, network information services, video on demand services, and value-added Internet access services and Internet data transmission based on cable television networks. In recent years, the company has actively promoted the transformation of cable television from a traditional analog, unidirectional, and standard definition transmitter to a high-quality cultural service operator and smart radio and television service provider. From assets
Gehua Cable (600037): Performance falls short of expectations, traditional businesses may still be under relative pressure
The 3Q23 performance fell short of our expectations. The company announced 3Q23 results: revenue of 536 million yuan, down 5.0% year on year, down 5.4% month on month; net profit of 22.1 million yuan, down 92.0% year on year, and twists over the previous year
Gehua Cable (600037.SH): Currently no computing power-related servers are involved
GLONGHUI, Oct. 23, 丨 Gehua Cable (600037.SH) stated on the investor interactive platform that the company, as a cable TV operator in Beijing, is not currently involved in computing power-related servers.
[Instant Analysis of BT Financial Report] Gehua Cable 2023 Interim Report: Facing Challenges, Active Transformation, and Stable Financial Situation
Gehua Cable (stock code: 600037) is a company operating in the cable television industry. Its main business includes the development, operation, management and maintenance of radio and television networks in Beijing, as well as providing radio and television program transfer and transmission, network information services, video on demand services, as well as Internet access services and value-added services for Internet data transmission based on cable television networks. In recent years, the company has actively promoted the transformation of cable television, from analog to digital, from unidirectional to bidirectional, from SD to HD, and from watching TV to using television. The company continues to strengthen technological innovation, expand network coverage, enrich program content, and improve services
Gehua CATV Network Flags 45 Million Yuan Impact From Heavy Rain
Beijing Gehua CATV Network (SHA:600037) expects to incur about 44.8 million yuan in losses due to the recent heavy rain disasters as a result of the recent typhoon that struck the Beijing-Tianjin-Hebe
Gehua Cable (600037.SH): It is estimated that the company's assets will be lost by the torrential rain disaster of about 44.81 million yuan, and the insurance company is measuring and determining the loss
Gehua Cable (600037.SH) issued an announcement. The Beijing-Tianjin-Hebei region was affected by typhoon “Du Surui” in the early stages, and the Beijing-Tianjin-Hebei region was affected by violence...
Express News | State Administration of Radio, Film, and Television: The first phase of regulation of TV “charging” charges has recently begun
Gehua Cable (600037.SH): Not participating in the Starflash Alliance
GLONGHUI September 20 | Gehua Cable (600037.SH) stated on the investor interactive platform that the company did not participate in the Starflash Alliance.
Gehua Cable (600037): Performance is better than expected, cost control is strengthened
1H23 performance was better than our expected 1H23 results: 1H23 operating income of 1,091 million yuan, up 1.3% year on year; net loss of 107 million yuan, year-on-year change of loss from profit to loss; net profit not attributable to parent deduction 3
Gehua Cable (600037.SH) released the first half of the year results, with a net loss of 107 million yuan, from profit to loss over the previous year
Gehua Cable (600037.SH) released the 2023 semi-annual report. During the reporting period, the company achieved operating income...
Gehua Cable (600037.SH) is forecasting a loss. It expects a net loss of 140 million yuan to 93.1264 million yuan in the first half of the year, changing from profit to loss
According to the Zhitong Finance App, Gehua Cable (600037.SH) announced that the company expects net profit attributable to shareholders of the parent company to -139.6896 million yuan to -93.1264 million yuan in the half year of 2023. Compared with the same period last year, there will be losses; net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss will be 3.2274 million yuan to 49.7906 million yuan. The main reason for the advance loss in performance during the reporting period was that the fair value of the shares held by the company in Guizhou Radio and Television Information Network Co., Ltd. dropped significantly, which led to a decline in the company's net profit.
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