600859 Wangfujing Group
- 13.36
- -0.15-1.11%
Wangfujing Group News
Express News | Wangfujing established a digital innovation retail company including Internet live streaming related business
Wangfujing (600859): Olay and shopping centers drive performance growth, duty-free business is still climbing
Incident: On April 19, the company released its 2023 annual report, achieving operating income of 12.224 billion yuan/year on year +13.19%, achieving net profit of 709 million yuan/year on year +264.14%, net of non-return to mother
Wangfujing (600859): Unbalanced recovery continues the duty-free business growth rate is obvious
Event: The company publishes its report for the first quarter of 2024. The 24Q1 company achieved revenue of 3.31 billion yuan, -1.7% year over year; net profit attributable to mother was 200 million yuan, -10.9% YoY, net profit excluding non-return to mother was 1.9 billion yuan
Wangfujing (600859): New projects drag down 2023 business performance, stable operation in the first quarter
The 2023 annual report results are near the median forecast range, and “dividend+repurchase” highlights the positive attitude of state-owned enterprises. In 2023, the company achieved revenue of 12.224 billion yuan/ +13.19%, excluding store changes, compared with the same store
Deep* Company* Wangfujing (600859): Q1 performance was affected by new project climbing, Ole's business performance was excellent
The company released its 2024 quarterly report. The 24Q1 company achieved revenue of 3.308 billion yuan, -1.74% year on year; net profit attributable to mother 220 million yuan, -10.86% year over year; net profit after deducting non-attributable net profit of 193 million yuan
Express News | The Beijing branch of the People's Bank of China answered the Beijing Commercial Daily reporter: Famous business districts, scenic spots and airport merchants in Beijing have achieved full coverage of digital currency acceptance
Wangfujing (600859): Steady restoration of taxable business, plans to repurchase shares to enhance confidence
Core view The company's performance in 2023 was relatively stable. The taxable business achieved a good profit recovery, and the duty-free business was still in a state of loss due to the development stage. The company announced a repurchase plan during the year and superimposed a dividend plan to enhance shareholders' feedback and confidence. 24Q
Wangfujing (600859): New business formats perform better, offline consumption still needs to be resumed
Guide to this report: The company's taxable business relies on the growth of Ole and shopping malls, and the duty-free business continues to rise. Key investment points: Investment suggestions: Performance is in line with expectations, maintaining the company's 2024-2026 EPS at 0.74, respectively.
Wangfujing Group's (SHSE:600859) Earnings May Just Be The Starting Point
Wangfujing Group Co., Ltd. (SHSE:600859) just reported healthy earnings but the stock price didn't move much. Our analysis suggests that investors might be missing some promising details. SHSE:600
Dongwu Securities released a research report on April 26 stating that Wangfujing (600859.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the Wanning duty-free project continues to climb, and the growth rate of various b
Dongwu Securities released a research report on April 26 stating that Wangfujing (600859.SH) was rated to increase its holdings. The main reasons for the rating include: 1) the Wanning duty-free project continues to climb, and the growth rate of various business formats is divided; 2) the proposed repurchase of shares of 1-2 billion yuan, with a dividend ratio of 32%. (Mainichi Keizai Shimbun)
Wangfujing (600859) 24Q1 performance review: New projects affect the year-on-year increase in profit tax exemption business
Wangfujing disclosed a quarterly report: In Q1, the company achieved revenue of 3.308 billion yuan/-1.74% year on year, due to mother of 202 million yuan/-10.86% year over year, deducted not 193 million yuan/year over year -13.7 million yuan/year over year
Wangfujing (600859.SH) announced first-quarter results, net profit of 202 million yuan, a decrease of 10.86%
According to the Zhitong Finance App, Wangfujing (600859.SH) released its report for the first quarter of 2024. The company's revenue was 3.308 billion yuan, a decrease of 1.74% over the previous year. Net profit attributable to shareholders of listed companies was 202 million yuan, a year-on-year decrease of 10.86%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $193 million, a year-on-year decrease of 13.72%. Basic earnings per share were $0.178.
Wangfujing (600859): Performance is in line with expectations, tax exemption programs continue to climb
Incident: On April 26, 2024, Wangfujing released its 2024 quarterly report. 2024Q1 achieved revenue of 3.308 billion yuan, -1.7% year over year; net profit to mother was 202 million yuan, -10 yuan year on year.
Wangfujing (600859): Carrying out various themed marketing activities, one store, one policy to strengthen department store transformation
The company's 1Q2024 revenue decreased by 1.74% year on year, and net profit to mother decreased 10.86% year on year. On April 26, the company announced its 2024 quarterly report: 1Q2024 achieved operating revenue of 3.308 billion yuan.
Deep*Company* Wangfujing (600859): Olay's business continues to lead dividend repurchases, showing confidence
The company released its 2023 annual report. In '23, the company achieved revenue of 12.224 billion yuan, +13.19% year over year; net profit to mother of 709 million yuan, +264.14% year over year; net profit after deducting non-attributable net profit of 636 million yuan
Bank of China Securities released a research report on April 25 stating that it gave Wangfujing (600859.SH) an increase in holdings rating. The main reasons for the rating include: 1) the steady recovery of the company's business in '23, reversing year-on
Bank of China Securities released a research report on April 25 stating that it gave Wangfujing (600859.SH) an increase in holdings rating. The main reasons for the rating include: 1) the steady recovery of the company's business in '23, reversing year-on-year losses after deducting non-profits; 2) Olay's business led the way in growth, and the duty-free sector gradually climbed; 3) the increase in dividend repurchases showed confidence in the company's development. (Mainichi Keizai Shimbun)
Wangfujing Group Co., Ltd. Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
Last week saw the newest annual earnings release from Wangfujing Group Co., Ltd. (SHSE:600859), an important milestone in the company's journey to build a stronger business. Statutory earnings p
Wangfujing (600859): Steady recovery in business performance shows confidence in the proposed share repurchase
Event: The company released its 2023 annual report. In 2023, the company achieved revenue of 12.22 billion yuan/13.2% year-on-year increase, net profit to mother 710 million yuan/264.1% year-on-year increase, net profit of 640 million yuan after deducting non-return to mother
Guolian Securities released a research report on April 23 stating that Wangfujing (600859.SH) was given an increase in holdings rating, and the target price was 18.8 yuan. The main reasons for the rating include: 1) the unbalanced recovery of the consumer
Guolian Securities released a research report on April 23 stating that Wangfujing (600859.SH) was given an increase in holdings rating, and the target price was 18.8 yuan. The main reasons for the rating include: 1) the unbalanced recovery of the consumer sector, and Ole's operations are recovering rapidly; 2) profitability is rising steadily, and there is still room for improvement in subsidiary performance; 3) there is firm confidence in the development of the proposed repurchase of shares, and the cash dividend ratio is 32%. (Mainichi Keizai Shimbun)
Wangfujing (600859): The 2023 results showed a positive trend in Olay's business
The company released its 2023 annual report: (1) 2023: The company achieved operating income of 12.224 billion yuan/ +13.19%, realized net profit of 709 million yuan/ +263.94%, and achieved no deduction
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