601890 Asian Star Anchor Chain
- 8.18
- -0.13-1.56%
Asian Star Anchor Chain News
Southwest Securities released a research report on April 25 stating that it gave Asian Star Anchor Chain (601890.SH) a holding rating. The main reasons for the rating include: 1) product structure optimization, increased gross margin, and changes in super
Southwest Securities released a research report on April 25 stating that it gave Asian Star Anchor Chain (601890.SH) a holding rating. The main reasons for the rating include: 1) product structure optimization, increased gross margin, and changes in superimposed financial investment income and fair value to drive a significant increase in the company's profitability; 2) Asian Star Anchor Chain is a global anchor chain leader, focusing on the three core products of marine anchor chains, mooring chains, and mining chains to continuously improve competitiveness. (Mainichi Keizai Shimbun)
Asian Star Anchor Chain (601890): Increased contribution of floating wind power and mining chains to marine offshore boom
The 2023 results are in line with market expectations. The company announced the 2023 and 1Q24 results: in 2023, the company achieved revenue of 1,931 million yuan, +27.34% year-on-year; net profit to mother was 237 million yuan, corresponding to each
Cinda Securities released a research report on April 23 stating that it gave Asian Star Anchor Chain (601890.SH) a purchase rating. The main reasons for the rating include: 1) the revenue of the mooring chain increased significantly in 2023; 2) the three
Cinda Securities released a research report on April 23 stating that it gave Asian Star Anchor Chain (601890.SH) a purchase rating. The main reasons for the rating include: 1) the revenue of the mooring chain increased significantly in 2023; 2) the three major shipbuilding indicators grew at the same time, and the international shipping market is developing well; 3) the offshore industry is gradually recovering, and mooring chain sales are expected to increase; 4) China Power Construction's floating offshore wind power project was announced to win the bid, and the development trend of floating sea breezes is gradually getting closer. (Mainichi Keizai Shimbun)
Ping An Securities released a research report on April 23 stating that it maintains the Asian Star Anchor Chain (601890.SH) recommendation rating. The main reasons for the rating include: 1) the sharp rise in volume and profit will drive a high increase i
Ping An Securities released a research report on April 23 stating that it maintains the Asian Star Anchor Chain (601890.SH) recommendation rating. The main reasons for the rating include: 1) the sharp rise in volume and profit will drive a high increase in performance in 2023; 2) the order growth momentum is good, and the revenue scale in 2024 is expected to reach a new high since listing; 3) the pace of development of floating offshore wind power is slow, but it is still worth looking forward to. (Mainichi Keizai Shimbun)
Asia Star Anchor Chain (601890): Profits continue to rise, and competitiveness in many fields is highlighted
Net profit attributable to mother in '23/24Q1 was +58.7%/+15.3% year-on-year, maintaining the “buy” rating. According to the company's 2023 annual report, operating income of 1,931 billion yuan was achieved in 2023, +27.3.
Asia Star Anchor Chain (601890): Strong demand for marine and offshore industry, and gross margin continues to rise
Core view: Asia Star Anchor Chain discloses its annual report for '23 and its quarterly report for '24. Revenue in 2023 was 1,931 million yuan, up 27.34% year on year; net profit to mother was 237 million yuan, up 58.71% year on year.
Asian Star Anchor Chain (601890): The profit level has improved markedly, and we are waiting for the accelerated release of mooring chain orders
Incident Overview The company publishes its 2023 annual report and 2024 quarterly report. Revenue side: 24Q1 revenue is under pressure in the short term, waiting for mooring chain orders to be released. In 2023, the company will achieve revenue of 1,931 billion yuan, +27% over the same period last year.
Asia Star Anchor Chain (601890.SH) released 2023 annual results, with net profit of 237 million yuan, an increase of 58.71% over the previous year
Asia Star Anchor Chain (601890.SH) released its 2023 annual report. During the reporting period, the company achieved an operating income of 19...
Asian Star Anchor Chain (601890): Performance is in line with expectations; the resonance of cycle and growth drives continued growth in performance
Incident: After the market on April 22, the company released its 2023 annual report and 2024 quarterly report. The performance was in line with expectations; net profit to mother increased 59% year over year in '23, and increased 15% year over year in 24Q1, the company increased 15% year over year in 2023
Asia Star Anchor Chain (601890): Benefiting from the booming marine and offshore oil and gas industry, 23 years of performance, and high growth
Incident: The company released its 2023 annual report and 2024 quarterly report. In '23, the company achieved revenue of 19.3, +27.3% year over year; net profit to mother was 240 million yuan, +58.7% year over year. 23Q4 revenue of 440 million,
Huatai Securities: How is the offshore industry currently booming? It is recommended to focus on the overall elasticity of the industrial chain in cyclical recovery
Huatai Securities released a research report saying that under the mismatch between supply and demand for offshore drilling platforms in the next few years, they are optimistic about the continuation and certainty of the overall recovery of the offshore industry sector.
Zheshang Securities: The shipping industry's volume and price have risen sharply, and profits are expected to improve the performance of many companies quarter by quarter
The shipbuilding cycle is booming, and supply difficulties may drive ship prices to continue to rise. It is expected that oil tankers and dry spans will continue to place large orders in the later stages.
Returns Are Gaining Momentum At Asian Star Anchor Chain Jiangsu (SHSE:601890)
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
Asian Star Anchor Chain Jiangsu (SHSE:601890) Stock Performs Better Than Its Underlying Earnings Growth Over Last Three Years
One simple way to benefit from the stock market is to buy an index fund. But many of us dare to dream of bigger returns, and build a portfolio ourselves. Just take a look at Asian Star Anchor Chain
Southwest Securities: The shift from ship prices to demand pricing is optimistic about the profit elasticity of Chinese shipyards in the new shipbuilding cycle
Global shipyard production capacity has been tightened, and ship prices have changed to demand pricing rather than supply pricing. We are optimistic about the profitability of Chinese shipyards in the new shipbuilding cycle.
Some Asian Star Anchor Chain Co., Ltd. Jiangsu (SHSE:601890) Shareholders Look For Exit As Shares Take 27% Pounding
Asian Star Anchor Chain Co., Ltd. Jiangsu (SHSE:601890) shareholders won't be pleased to see that the share price has had a very rough month, dropping 27% and undoing the prior period's positive perfo
Asia Star Anchor Chain (601890): Performance forecast exceeds expectations; marine offshore, floating wind power, and mining chains “go hand in hand”
Incident: After the market on January 29, the company issued a pre-announcement of the 2023 annual results increase. The 2023 performance forecast exceeded expectations. Net profit to mother is estimated to be RMB 216-254 million, an increase of 45%-70% over the previous year 202
Asian Star Anchor Chain (601890.SH): Net profit pre-increased by 45% to 70% in 2023
Gelonghui, January 29丨Asian Star Anchor Chain (601890.SH) announced the 2023 annual results advance announcement. According to preliminary estimates by the finance department, it is estimated that net profit attributable to the owner of the parent company will be 216 million yuan to 254 million yuan in 2023. Compared with the same period last year, it will increase 66.98 million yuan to 104.98 million yuan, an increase of 45% to 70% over the previous year. It is expected to achieve net profit of RMB 178.5 million to RMB 216.5 million after deducting non-recurring profit and loss attributable to owners of the parent company in 2023, an increase of 43.87 million yuan compared with the same period last year
Is There An Opportunity With Asian Star Anchor Chain Co., Ltd. Jiangsu's (SHSE:601890) 48% Undervaluation?
Key Insights Asian Star Anchor Chain Jiangsu's estimated fair value is CN¥16.97 based on 2 Stage Free Cash Flow to Equity Current share price of CN¥8.75 suggests Asian Star Anchor Chain Jiangsu is p
Do Asian Star Anchor Chain Jiangsu's (SHSE:601890) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometime
Analysis
Price Target
No Data
