Express News | China Fangda Group and Shenzhen Venture Capital Group have signed a global strategic cooperation agreement.
Express News | 98 companies disclose progress of share buyback.
Express News | Fangda Special Steel: Successfully signed a purchase and sale agreement for the Changjiang Waterway Enhancement Project
Fangda Special Steel Technology Co., Ltd.'s (SHSE:600507) Earnings Are Not Doing Enough For Some Investors
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider Fangda Special Steel Technology Co., Ltd. (SHSE:600507) as a highly attractive investme
Fangda Special Steel (600507.SH) announced first-quarter results, net profit of 93.41 million yuan, a year-on-year decrease of 27.95%
Fangda Special Steel (600507.SH) disclosed its report for the first quarter of 2024. The company achieved revenue of 58 during the reporting period...
Express News | Fangda Special Steel: Adjusting the 2023 Profit Distribution Plan
Express News | Fangda Special Steel was recognized as an ecological civilization education practice base in Jiangxi Province
Fangda Special Steel (600507.SH): The controlling shareholder proposes to distribute a cash dividend of 0.1 yuan per share to all shareholders
Gelonghui announced on April 2: Fangda Special Steel (600507.SH) has received a “Letter on Proposing Fangda Special Steel Technology Co., Ltd. to increase the 2023 profit distribution ratio” issued by Jiangxi West Steel Group Co., Ltd., the controlling shareholder of the company. Fangda Steel proposes that the company increase its profit distribution ratio for 2023, based on the company's total share capital of 2,331,060,223 shares as of December 31, 2023, and distribute a cash dividend of RMB 0.10 (tax included) to all shareholders. If the company's total share capital changes before the equity distribution is implemented, maintain each share
Express News | Fangda Special Steel: The controlling shareholder proposed that the company increase the 2023 profit distribution ratio
Two years after Fangda Special Steel's 10 billion dividend, more than half of the 6 billion dollar book capital was limited
Fang Da's “extreme dividends” have been questioned.
Be careful when profits don't pay dividends! Fangda Special Steel's two-year zero dividend was questioned
① The Fangda Special Steel Exchange inquired, and the exchange questioned that its profits did not pay dividends; ② the company's profits continued to decline, and there have been consecutive dividends for many years in history; ③ the regulatory attitude towards zero dividends has become stricter, and many companies have broken the tradition of no dividends for more than ten years.
Express News | Fangda Special Steel received an inquiry letter: Request to explain the reason and rationality of not paying cash dividends for two consecutive years in the context of many years of profit
Express News | Fangda Special Steel establishes a new company in Sanya to conduct business including auto parts retail
A-share changes | Fangda Special Steel fell more than 5%, annual net profit fell by more than 30% year-on-year, and its market capitalization once fell below 10 billion yuan
Gelonghui, March 18 | Fangda Special Steel (600507.SH) has now fallen by more than 5% to 4.39 yuan. The turnover has increased to 224 million yuan. The total market value once fell below the 10 billion yuan mark. The company announced after the market on Friday that it achieved operating income of 26.507 billion yuan in 23, a year-on-year decrease of 15.75%, and realized net profit of 689 million yuan to mother, a year-on-year decrease of 35.16%. This figure falls short of most analysts' expectations. Previously, analysts generally expected net profit of around 2.63 billion yuan in 2023.
The A-share steel sector fluctuated and declined
Gelonghui, March 18 | Fangda Special Steel fell more than 5%, Shagang Co., Ltd. fell more than 4%, and Anyang Steel, Valin Steel, and Nangang Steel fell one after another.
Express News | Fangda Special Steel has obtained three more national utility model patents
Fangda Special Steel (600507) 2023 Report Review: Q4 net profit to mother turned a year-on-year loss into profit, and annual tonnage profit ranked first among the target companies of the China Steel Association
Incident: The company released its 2023 annual report and achieved annual revenue of 26.507 billion yuan, -15.75% (with caliber adjustments); net profit to mother was 689 million yuan, or -35.16% year over year (with caliber adjustment)
Express News | Fangda Special Steel Testing Center passed the 2024 National Accreditation Committee review
Express News | Fangda Special Steel: Net profit to mother in 2023 was 689 million yuan, a year-on-year decrease of 35.16%
Fangda Special Steel Technology Co., Ltd.'s (SHSE:600507) Market Cap Surged CN¥373m Last Week, Individual Investors Who Have a Lot Riding on the Company Were Rewarded
Key Insights The considerable ownership by individual investors in Fangda Special Steel Technology indicates that they collectively have a greater say in management and business strategy A total of
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