600916 China National Gold Group Gold Jewellery
- 11.37
- -0.07-0.61%
China National Gold Group Gold Jewellery News
Old gold stores switched to Hong Kong stocks: pre-IPO valuations soared nearly 9 times, and 32 stores earned an average revenue of 93.9 million
① From 2021 to 2023, revenue was 1,265 billion yuan, 1,294 billion yuan, and 3.18 billion yuan, respectively. ② As of December 31, 2023, Old Gold has 32 stores in 13 cities across the country, closed 2, and is currently operating 30. ③ During the reporting period, gross margins were 41.2%, 41.9% and 41.9% respectively, exceeding 40% for three consecutive years.
China Gold (600916): Net profit increased by 21% in 1Q24, net profit deducted by 33%, improved product structure, stable, high-score dividend for central enterprises
China Gold released its 2023 annual report: the full year of 2023 achieved revenue of 56.364 billion yuan, up 19.61% year on year; net profit to mother was 973 million yuan, up 27.20% year on year, after deducting 8.81 percent of net profit from non-return to mother
Caitong Securities: The leading company in the gold and jewelry sector operates steadily, and fluctuations in gold prices bring about profit elasticity
The Zhitong Finance App learned that CaiTong Securities released a research report saying that in 2023, gold prices rose by more than 10% throughout the year, and the boom in gold led to consumer growth. In 2023, the country's gold consumption was 1089.7 tons, +8.78% year over year. Among them, gold jewelry was 706.5 tons, +7.97% year over year, and 299.6 tons of gold bars and coins, +15.7% year over year. Leading companies in the gold and jewelry sector are operating steadily. Under a steady upward trend in gold prices, sales of terminal gold products are growing rapidly. Franchisers' inventory replenishment drives brand performance to strengthen, domestic brand channels expand smoothly, and remain high in 2024
China Gold International (02099.HK) and CICC Finance sign 2024 financial services agreement
Gelonghui, May 8, 丨 China Gold International (02099.HK) announced that on May 8, 2024, the company and CICC Finance signed a 2024 financial services agreement. According to this, CICC Finance agreed to provide a series of financial services to the company's Chinese subsidiary, including (a) deposit services, (b) lending services, (c) settlement services, and (d) other financial services, which is valid from the date approved by independent shareholders until December 31, 2026.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
Express News | Gold prices plummeted and returned to the beginning of 5
China Gold (600916): Franchise stores grow rapidly and further enrich the product matrix with high dividends to give back to shareholders
Core idea In 2023, the company achieved operating income of 56.364 billion yuan, +19.61% year-on-year; achieved net profit of 973 million yuan, +27.20% year-on-year; achieved net profit of 881 million yuan after deduction of non-return to mother
World Gold Council: China's gold demand rose 3% year on year in the first quarter, gold bars and coins were the main engine of demand growth
In the first quarter of 2024, overall domestic demand for gold reached 343 tons, a year-on-year increase of 3%, exceeding the ten-year average by more than 25%.
China Gold (600916): It can be expected that gold exhibition and sales will continue to expand stores through double efforts
Guide to this report: The performance is in line with expectations, and the gold category remains booming; the company's sales are strong, franchise policies are optimized, and channel expansion can be expected to continue. Key investment points: The performance is in line with expectations, and the “increase in weight” rating. Considering that K-gold jewelry has a certain heritage
China Gold International (02099.HK) plans to hold a board meeting on May 15 to approve the first quarter results
Gelonghui, April 30, 丨 China Gold International (02099.HK) announced that the company will hold a board meeting on Wednesday, May 15, 2024, Beijing time, and Tuesday, May 14, 2024, Vancouver time to review and approve matters such as the first quarter results of the company and its subsidiaries for the three months ended March 31, 2024.
China Gold (600916): Sales of gold products surged, 24Q1 profit +21% year-on-year
Incident: The company released the 2023 annual report and 2024 quarterly report: in 2023, the company achieved operating income of 53.664 billion yuan, +19.61% year on year; net profit to mother was 973 million yuan, +27.20 million yuan year on year
China Gold (600916): Active store expansion in 2023, excellent performance in Q1
In 2023, the company achieved revenue of $56.364 billion/+19.61%, net profit of 973 million/ +27.20%, net profit of 881 million/ +26.81% after deducting non-return to mother. 24Q1 Company Achieves Revenue
China Gold (600916): Steady growth in 24Q1, net interest rate increased slightly
Key elements of the report On April 28, 2024, the company released its 2024 quarterly report. Investment highlights: Steady growth in 24Q1. 2024Q1, the company achieved revenue of 18.251 billion yuan (year-on-year +13.
China Gold (600916): The volume and price of gold products have risen sharply, and offline channels are steadily expanding
Key elements of the report The company published its 2023 annual report. In 2023, the company achieved revenue of 56.364 billion yuan (YoY +19.61%), net profit attributable to mother of 973 million yuan (YoY +27.20%), after deducting non-return
A-share changes丨China's gold rose more than 7% last year's net profit increased 27.2% year-on-year, and it is proposed to split 10 to 4.5 yuan
Gelonghui, April 29 | China Gold (600916.SH) opened high and is now rising 7.35% to 11.39 yuan. The temporary turnover is 470 million yuan, and the latest market value is 19.1 billion yuan. China Gold released its 2023 annual results report yesterday evening. During the period, the company achieved revenue of 56.364 billion yuan, an increase of 19.61% year on year; net profit attributable to shareholders of listed companies was 973 million yuan, an increase of 27.2% year on year; basic earnings per share were 0.58 yuan. The company plans to distribute cash dividends of 4.50 yuan (tax included) for every 10 shares to all shareholders.
China Gold (600916): Net increase of 615 stores in 2023, steady expansion of different channels
The company's 1Q2024 revenue increased 13.08% year on year, and net profit to mother increased 21.09% year on April 28. On April 28, the company announced the 2023 Annual Report and 2024 Quarterly Report: Achieving 563.6 operating income in 2023
Stocks with Chinese letters fluctuated and rallied; CCCC Real Estate and CITIC Haidian rose more than 5%; China Gold, China Sports Industry, China Television Media, and China Automobile Research all rose.
Stocks with Chinese letters fluctuated and rallied; CCCC Real Estate and CITIC Haidian rose more than 5%; China Gold, China Sports Industry, China Television Media, and China Automobile Research all rose.
Hong Kong non-ferrous and gold stocks weakened. Jiangxi Copper and Shandong Gold fell by more than 4%, while many stocks such as Minmetals Resources, Luoyang Molybdenum, and China Gold International weakened.
Hong Kong non-ferrous and gold stocks weakened. Jiangxi Copper and Shandong Gold fell by more than 4%, while many stocks such as Minmetals Resources, Luoyang Molybdenum, and China Gold International weakened.
China Gold (600916): Net increase in 2023, 615 stores continue to increase profitability
Event Overview: In 2023, the company achieved operating income of 56.364 billion yuan, +19.61% year-on-year; realized net profit of 973 million yuan, +27.20% year-on-year; net profit after deducting non-return to mother was 881 million yuan
China Gold (600916): The effect of expanding stores was remarkable. Net profit returned to mother increased by 21.09% in 24Q1
Key investment points: Net profit to mother increased 27.20%/21.09% in 23/24Q1. In '23, the company achieved revenue of 56.364 billion yuan/ +19.61%, gross profit margin of 4.13% /+0.23pct, and returned
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