600710 Sumec Corporation
- 8.66
- -0.04-0.46%
Sumec Corporation News
Sumeda (600710): Net profit to mother increased 5% in 24Q1, and profitability continued to increase
Incident: The company released its quarterly report for the year 24. In 24Q1, it achieved operating income of 23.74 billion yuan, a year-on-year decrease of 23.4%, and net profit to mother of 270 million yuan, an increase of 5.1% year-on-year, after deducting non-return net profit of 230 million yuan.
Dongwu Securities released a research report on April 26 stating that Sumeda (600710.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the company's business structure continues to improve, and the industrial chain busine
Dongwu Securities released a research report on April 26 stating that Sumeda (600710.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the company's business structure continues to improve, and the industrial chain business is growing rapidly; 2) the industrial chain sector has strong growth potential. (Mainichi Keizai Shimbun)
Sumeda (600710): Steady increase in profitability in Q1
Guide to this report: Q1 performance growth was steady, profitability was further improved, undervalued and high-dividend state-owned enterprises set the benchmark. The shipbuilding business grew at an accelerated pace, and the value is expected to welcome revaluation. Key points of investment: Maintaining an increase in holdings. [Qa1ry Camp] Revenue of 23.74 billion yuan
Sumeda (600710) Comment: Performance is in line with expectations, profits in the shipbuilding sector are gradually being released
Event: The company released its 2024 quarterly report. According to the company announcement, 2024Q1 achieved operating income of 23.74 billion yuan, a year-on-year decrease of 23.4%, and achieved net profit of 270 million yuan (YOY +5.1%)
Sumeda (600710): Net profit returned to mother +5% in line with expectations. The industrial chain business is the core of growth
Key investment performance reviews: 2024Q1, the company achieved revenue of 23.74 billion yuan, -23.4%; realized net profit of 266 million yuan, +5.1% year-on-year; realized net profit of 231 million yuan after deduction of non-return to mother.
Sumeda (600710.SH) reported first-quarter results, net profit of 266 million yuan, up 5.09% year on year
According to the Zhitong Finance App, Sumeda (600710.SH) released its report for the first quarter of 2024, achieving revenue of 23.745 billion yuan, a year-on-year decrease of 23.41%. Achieved net profit of 266 million yuan attributable to shareholders of listed companies, an increase of 5.09% over the previous year. Achieved net profit of 231 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 4.85% over the previous year.
Sumec (SHSE:600710) Is Posting Promising Earnings But The Good News Doesn't Stop There
Sumec Corporation Limited's (SHSE:600710) recent earnings report didn't offer any surprises, with the shares unchanged over the last week. We did some analysis to find out why and believe that invest
Sumeda (600710.SH): Received 45.2120 million yuan in government subsidies in the first quarter
Gelonghui, April 18 | Sumeda (600710.SH) announced that from January to March 2024, the company and its subsidiaries received a total of RMB 45.212 million (unaudited) in various government grants, accounting for 4.39% of the company's most recent audited net profit attributable to shareholders of listed companies.
Sumeda (600710): Optimizing the business structure and continuing to improve the quality of operations
The company released its 23rd annual report: achieved revenue of 122.981 billion yuan in 23, down 12.87% year on year, mainly affected by domestic and foreign macroeconomic conditions on commodity demand; net profit to mother of 1,030 billion yuan, a year-on-year increase
Sumeda (600710): Net profit to mother +12.8% year over year, in line with expectations, increase in the contribution of the industrial chain under pressure on the supply chain
Investment highlights: In 2023, the company achieved revenue of 123 billion yuan, -12.87% year-on-year after adjustment; net profit to mother was 1.03 billion yuan, +12.8% year-on-year after adjustment; net profit after deduction of non-net profit was 8.
Dongwu Securities released a research report on April 16 stating that Sumeda (600710.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the supply chain business is pressured by macroeconomic influences, which affects reve
Dongwu Securities released a research report on April 16 stating that Sumeda (600710.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the supply chain business is pressured by macroeconomic influences, which affects revenue; 2) the industrial chain sector is boosting profit growth. (Mainichi Keizai Shimbun)
Sumeda (600710): Optimizing the business structure, business in the industrial chain, driving up profits
Incident: In 2023, the company achieved operating income of 122.981 billion yuan, -12.87% year-on-year; realized net profit of 1,030 billion yuan, +12.80% year-on-year; achieved net profit without deduction of 832 million yuan
Sumeda (600710): Performance is in line with expectations, the textile and garment sector contributes incrementally, and the shipbuilding sector is undervalued
Investment highlights: Event: The company publishes its 2023 annual report. According to the company's announcement, in 2023, the company achieved operating income of 122.98 billion yuan, a year-on-year decrease of 12.9%, and achieved net profit of 1.03 billion yuan to mother (YOY+
Sumeda (600710): Business contribution to the industrial chain continues to increase and still maintains a high dividend ratio
The core view was affected by the macroeconomic situation, and the company's supply chain business revenue and profit contribution declined. Due to the company's diversified business layout, the industrial chain business remains resilient, and its contribution to the company's profits continues to increase, especially during the boom phase
Sumeda (600710): Advanced manufacturing is growing, and the benchmark for central enterprises is steady and far-reaching
Maintain an increase in holdings. 2023 revenue of 122.98 billion yuan/ -12.9%, net profit to mother of 1.03 billion yuan/ +12.8%. Considering that the supply chain business is affected by the domestic and international macro environment, the forecast was lowered to 2024-2
Sumeda (600710.SH): The subsidiary plans to apply for registration of no more than 2 billion yuan of medium-term notes
Gelonghui, April 12 | Sumeda (600710.SH) announced that Jiangsu Sumeda Group Co., Ltd. (referred to as “Sumeda Group”), a wholly-owned subsidiary of the company, intends to apply to the China Interbank Market Dealers Association for a medium-term note quota of no more than 2 billion yuan (including 2 billion yuan).
Sumeda (600710.SH): Net profit increased 12.80% year-on-year in 2023, and plans to split 10 to 3.3 yuan
On April 12, Ge Longhui (600710.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 122.981 billion yuan, a year-on-year decrease of 12.87%; net profit attributable to shareholders of the parent company was 1.03 billion yuan, up 12.80% year on year; net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss was 832 million yuan, up 9.05% year on year; and basic earnings per share were 0.79 yuan. The company plans to distribute a cash dividend of 3.30 yuan (tax included) for every 10 shares.
Investors Shouldn't Overlook The Favourable Returns On Capital At Sumec (SHSE:600710)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Typically, we'll want to notice a trend of growing return on capital employed (RO
Sumeda (600710.SH): There is currently no layout related to the low altitude economy
Gelonghui, March 29丨Sumeda (600710.SH) said on the investor interactive platform that the company's main business includes two major categories: industrial chain and supply chain. The main products or services in the industrial chain include: clean energy (including photovoltaic products, engineering, operation and maintenance), ecological and environmental protection (including sewage treatment, garbage treatment, soil restoration, food waste treatment, degradable plastic industrial engineering, etc.), outdoor power equipment, diesel generator sets, shipbuilding and shipping, textiles and clothing (clothing, home textiles, branded school uniforms), etc. Supply chain is a supply chain integration service, which refers to commodity operation and import and export of mechanical and electrical equipment. The company currently has no low-altitude experience
Express News | Sumeda: First domestic 950 TEU methanol dual-fuel feeder container ship officially delivered
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