Shandong Xinchao Energy (SHSE:600777) Shareholders YoY Returns Are Lagging the Company's 34% Three-year Earnings Growth

It hasn't been the best quarter for Shandong Xinchao Energy Corporation Limited (SHSE:600777) shareholders, since the share price has fallen 24% in that time. But that doesn't change the fact that

Simply Wall StApr 28 09:15

Xinchao Energy (600777.SH): Oil and gas production reached a record high and achieved revenue of 8.849 billion yuan in 2023

On the evening of April 26, Xinchao Energy (600777.SH), a company listed on the A-share main board, disclosed its 2023 annual report. The report shows that in 2023, Xinchao Energy achieved operating income of 8.849 billion yuan and net profit attributable to the parent company of 2,596 billion yuan; by the end of 2023, the company's total assets reached RMB 33.581 billion, an increase of 7.22% over the end of 2022, achieving three consecutive years of positive asset growth, with net assets exceeding RMB 20 billion.

Zhitong FinanceApr 27 15:41

Xinchao Energy (600777.SH): Plans to take a number of measures to resolve dividend barriers

On the evening of April 26, Xinchao Energy (600777.SH), a company listed on the A-share main board, handed over a beautiful report card.

Zhitong FinanceApr 27 15:37

Xinchao Energy (600777.SH): Net profit of 613 million yuan in the first quarter decreased by 3.47% year-on-year

On April 27, Ge Longhui Energy (600777.SH) released its report for the first quarter of 2024, achieving operating income of 2,135 billion yuan, an increase of 6.64%; net profit attributable to shareholders of listed companies of 613 million yuan, a year-on-year decrease of 3.47%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 613 million yuan, a decrease of 3.16% year on year; and basic earnings per share of 0.0901 yuan.

Gelonghui FinanceApr 27 10:44

Xinchao Energy (600777.SH): Net profit of 2,596 billion yuan in 2023

Gelonghui, April 27丨Xinchao Energy (600777.SH) released its 2023 annual report. In 2023, the company achieved operating income of 8.849 billion yuan, net profit attributable to the parent company of 2,596 billion yuan, net profit after deducting non-recurring profit and loss of 2,696 billion yuan, a weighted average return on net assets of 14.27%, and basic earnings per share of 0.38 yuan. The net cash flow from the company's operating activities was RMB 7.158 billion, the balance of cash and cash equivalents at the end of the year was RMB 2,394 million, and the net increase in cash and cash equivalents for the year was 9.

Gelonghui FinanceApr 27 10:43

Xinchao Energy (600777.SH): Received the “Audit Progress Statement”, and the audit work has not yet been completed

Zhitong Finance App News, Xinchao Energy (600777.SH) announced that the company received the “Audit Progress Statement” from ZTE Certified Public Accountants (Special General Partnership) (“ZTE”) on April 18, 2024. The main contents are as follows: Shandong Xinchao Energy Co., Ltd. (“Xinchao Energy”)'s 2023 financial statements and internal control audits are ongoing. In 2023, Xinchao Energy will establish a new wholly-owned subsidiary in Nevada, USA. Yantai Yangfan Investment Co., Ltd., a subsidiary of Xinchao Energy, manages Ningbo Dingliang Enterprise, another subsidiary owned by Xinchao Energy

Zhitong FinanceApr 19 14:07