600588 Yonyou Network Technology
- 11.64
- -0.18-1.52%
Yonyou Network Technology News
User Network (600588): Large enterprise customers saw early results in high business revenue growth and efficient management
24Q1 revenue grew rapidly, and cost control was beginning to bear fruit. The 24Q1 company achieved operating income of 1,749 billion yuan, an increase of 18.6% year on year; net profit to mother - 453 million yuan, loss increased 56 million yuan year on year
Earnings Update: Yonyou Network Technology Co.,Ltd. (SHSE:600588) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
It's been a good week for Yonyou Network Technology Co.,Ltd. (SHSE:600588) shareholders, because the company has just released its latest first-quarter results, and the shares gained 4.7% to CN¥11.64.
YONYOU(600588):BUSINESS ADJUSTMENT IMPACT GRADUALLY FADING
Yonyou reported (26 Apr) 1Q24 results: revenue was RMB1.7bn, up 19% YoY (1Q23: 1
User Network (600588): 1Q revenue side recovery, annual target to increase quality and efficiency
1Q24 results are in line with our expectations. The company announced 1Q24 results: revenue of 1,749 billion yuan, +18.6% year over year; net profit to mother - 453 million yuan, an increase of 56 million yuan in year-on-year losses, mainly fair value
User Network (600588): Revenue acceleration after organizational model upgrade, personnel optimization is expected to reduce costs
Guide to this report: Revenue: The phased impact of the organizational model upgrade has passed, and revenue will accelerate in 2024. Costs/Expenses: 2024Q1 optimizes employees to reduce costs by 7.2%. Product: 2024Q1 Releases BIP 3-R
Huaan Securities released a research report on April 27 stating that it gave the user network (600588.SH) a purchase rating. The main reasons for the rating include: 1) 2024Q1 revenue achieved double-digit growth, deducting non-net profit and reducing los
Huaan Securities released a research report on April 27 stating that it gave the user network (600588.SH) a purchase rating. The main reasons for the rating include: 1) 2024Q1 revenue achieved double-digit growth, deducting non-net profit and reducing losses; 2) large enterprise customers continued to break through, and the subscription revenue growth rate of the medium-sized enterprise customer market exceeded 60%. (Mainichi Keizai Shimbun)
User Network (600588): Large enterprises have increased cloud revenue and significant increase in gross margin
The company's large enterprise business resumed high growth, the impact of the organizational structure upgrade ended and the maturity of core products increased, and an inflection point in the business of large enterprises may arrive. The company focuses on efficient management, continuously controls the scale of personnel and expenses, reduces costs and increases efficiency, and achieves profit margins
Yonyou Network (600588): Double-digit revenue growth in 2024Q1, large enterprise customers continue to break through
Incident Overview On April 26, 2024, Youyou Network released its report for the first quarter of 2024. 2024Q1 achieved revenue of 1,749 billion yuan, a year-on-year increase of 18.61%; achieved net profit to mother-4.
Express News | Yonyou Network: Net profit loss of 450 million yuan in the first quarter of 2024
User Network (600588): Gross margin increased significantly year-on-year, and an inflection point in performance may appear
Incident: Youyou Network released its 2024 quarterly report. 2024Q1, the company achieved operating income of 1,749 million yuan, +18.6% year-on-year; realized net profit after deduction of 451 million yuan, a year-on-year loss of 44 million yuan
Youyou Network (600588): Big Cloud achieved high revenue growth and transformation, and accelerated revenue growth
After completing the transformation, revenue grew at an accelerated pace, and maintained a “buy” rating. User Network released a quarterly report. In Q1 2024, revenue of 1,749 billion yuan (yoy +18.61%, qoq -57.21%) was achieved, and net profit was returned to the mother
Private Companies Account for 48% of Yonyou Network Technology Co.,Ltd.'s (SHSE:600588) Ownership, While Individual Investors Account for 39%
Key Insights Significant control over Yonyou Network TechnologyLtd by private companies implies that the general public has more power to influence management and governance-related decisions A tota
Tianfeng Securities released a research report on April 16 stating that it gave the user network (600588.SH) a purchase rating. The main reasons for the rating include: 1) the company released its 2023 annual report. The business growth rate of large ente
Tianfeng Securities released a research report on April 16 stating that it gave the user network (600588.SH) a purchase rating. The main reasons for the rating include: 1) the company released its 2023 annual report. The business growth rate of large enterprise customers was affected by organizational changes in the short term, and the business of small and medium-sized enterprise customers maintained rapid growth; 2) continuous product iteration, costs and expenses are expected to be further optimized, and 24 years may usher in an inflection point in revenue and profit. (Mainichi Keizai Shimbun)
User Network (600588): The impact of organizational restructuring has come to an end, and 24 is expected to usher in an inflection point in reporting
The company released its 2023 annual report. The business growth rate of large enterprise customers was affected by organizational changes in the short term. The small and medium-sized enterprise customer business maintained rapid growth. The company released the 2023 annual report, achieving annual revenue of 9.796 billion yuan.
Jefferies Adjusts Yonyou Network Technology's Price Target to 16.48 Yuan From 27.77 Yuan, Keeps at Buy
Yonyou Network Technology (SHA:600588) has an average rating of outperform and price targets ranging from 9.18 yuan to 26.50 yuan, according to analysts polled by CapitalIQ. Price (RMB): ¥11.29, Chang
Guoyuan Securities released a research report on April 8 stating that it gave the user network (600588.SH) a purchase rating. The main reasons for the rating include: 1) firmly promoting the upgrading of the business organization model, putting pressure o
Guoyuan Securities released a research report on April 8 stating that it gave the user network (600588.SH) a purchase rating. The main reasons for the rating include: 1) firmly promoting the upgrading of the business organization model, putting pressure on the company's performance in the short term; 2) releasing YongPT, a major corporate service model to empower leading customers in the industry; 3) starting a global 2.0 strategy and continuing to expand the overseas market. (Mainichi Keizai Shimbun)
Yonyou Network (600588) Company Brief Review Report: Good customer quality and quantity growth, long-term returns are worth looking forward to
Incident: Youyou Network publishes the 2023 Annual Report. In 2023, the company achieved annual revenue of 9.796 billion yuan, an increase of 5.8% over the previous year; net profit attributable to shareholders of listed companies was -967 million yuan, compared to the same period last year
Deep*Company*User Network (600588): The pace of revenue confirmation from major customers puts pressure on short-term performance and cloud service revenue is growing rapidly
Recently, the company released its annual report for the year 23, achieving annual revenue of 9.796 billion yuan (+5.8%), net profit to mother of 967 million yuan (-541.3%), net profit not attributable to mother of 1.04 billion yuan (-854.0%)
User Network (600588): Increased revenue and fee control in 2024 is expected to turn a loss into a profit
Investment highlights: The company released an annual report: in 2023, the company's revenue was 9.796 billion yuan, up 5.77% year on year; net profit to mother - 96,700 yuan, down 541.28% year on year; deducted non-net profit - 1.04 billion yuan
User Network (600588.SH): A cumulative repurchase of 1.1394% of shares at a cost of 716 million yuan
Gelonghui, April 2 | User Network (600588.SH) announced that as of March 31, 2024, the total number of shares repurchased by the company was 389.496 million shares, accounting for 1.1394% of the company's total share capital. The highest purchase price was 23.39 yuan/share, the lowest purchase price was 11.00 yuan/share, and the total amount paid was 716 million yuan (excluding transaction fees such as commissions).
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