603225 Xinfengming Group
- 14.29
- +0.36+2.58%
Xinfengming Group News
Xin Fengming (603225): Continued recovery in performance, optimistic about improving industry sentiment
Incident description The company released its 2024 quarterly report, achieving operating income of 14.45 billion yuan (+15.5% YoY, -16.3% YoY) and realized net profit of 280 million yuan (+45.2% YoY, +38 month-on-month).
Xinfengming Group (SHSE:603225) Will Want To Turn Around Its Return Trends
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increas
Xin Fengming (603225): First-quarter results improved month-on-month, optimistic that polyester filament boom will improve
Incident: On April 26, 2024, Xinfengming released its 2024 quarterly report: in the first quarter of 2024, the company achieved revenue of 14.452 billion yuan, an increase of 15.53% over the previous year, and a decrease of 16.31% over the previous year;
Cinda Securities released a research report on April 26 stating that Xinfengming (603225.SH) was given a buying rating. The main reasons for the rating include: 1) the cost of the filament industry has risen, and the company's industrial chain integration
Cinda Securities released a research report on April 26 stating that Xinfengming (603225.SH) was given a buying rating. The main reasons for the rating include: 1) the cost of the filament industry has risen, and the company's industrial chain integration advantages drive profit improvement; 2) the industry's operating load remains high, and supply contraction drives the release of profit flexibility; 3) domestic demand is driving and overseas or meeting the inventory cycle, so it's time for textile consumption potential to be released. (Mainichi Keizai Shimbun)
Xin Fengming (603225): The 1Q24 performance is in line with expectations, and the upward trend in 2024 is highly certain
1Q24 results are in line with our expectations. The company announced 1Q24 results: revenue of 14.452 billion yuan, +15.5% year over year, -16.3% month on month; net profit to mother of 275 million yuan, +45.2% year on month, +
Xinfengming (603225): Steady profit growth
Net profit for 1Q24 grew steadily year on year and month on month. In the first quarter of 2024, the company achieved operating income of 14.452 billion yuan, +15.53% year-on-year, and -16.31% month-on-month; achieved net profit of 2.75 billion yuan to mother
Dongwu Securities released a research report on April 26 stating that it gave Xinfengming (603225.SH) a purchase rating. The main reasons for the rating include: 1) the upstream and downstream maintenance of high start-up operations, and filament inventor
Dongwu Securities released a research report on April 26 stating that it gave Xinfengming (603225.SH) a purchase rating. The main reasons for the rating include: 1) the upstream and downstream maintenance of high start-up operations, and filament inventories may be marginally eliminated; 2) the overseas garment removal process is good, which is optimistic that improved exports will bring about performance flexibility; 3) the growth of filament production capacity has slowed, and the competitive pattern of the industry has further improved. (Mainichi Keizai Shimbun)
Xin Fengming (603225): 24Q1 performance is in line with expectations, optimistic about the recovery of the polyester industry chain
Key investment points: Company announcement: In the first quarter of 2024, the company achieved operating income of 14.45 billion yuan, a year-on-year increase of 15.5%, a year-on-year decrease of 16.3%; realized net profit to mother of 280 million yuan, an increase of 45.3% year-on-year, and month-on-month
Xin Fengming (603225): First-quarter results are in line with expectations, cost reduction and efficiency boosting profit release
Incident: On the evening of April 25, 2024, Xinfengming released its report for the first quarter of 2024. In the first quarter of 2024, the company achieved total revenue of 14.452 billion yuan, an increase of 15.53% year-on-year and a year-on-month decrease of 16.3 billion yuan
Xinfengming (603225.SH): Net profit for the first quarter was 275 million yuan, up 45.25% year on year
On April 25, Ge Longhui (603225.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 14.452 billion yuan, an increase of 15.53%; net profit attributable to shareholders of listed companies of 275 million yuan, an increase of 45.25% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 230 million yuan, an increase of 102.96% year on year; and basic earnings per share of 0.18 yuan.
Xin Fengming (603225): A filament leader whose performance continues to recover!
Brief performance review Xin Fengming released the company's report for the first quarter of 2024 on April 25, 2024. 2024Q1 achieved operating income of 14.452 billion yuan, an increase of 15.53% over the previous year; achieved a net profit return to mother
Xinfengming (603225) Company Annual Report Review: Increased Production, Improved Gross Margin
The losses were reversed year over year in 2023. In 2023, the company achieved operating income of 61,469 billion yuan, +21.03% year-on-year; realized net profit to mother of 1,086 billion yuan, reversing losses over the previous year. Among them, 4Q23 was achieved in a single quarter
Xin Fengming (603225): Performance is in line with expectations, and the economy is improving
Maintain the shareholding rating and raise the target price: Considering the rising prosperity of the filament industry, we raised the company's EPS by 1.22 yuan in 24 and reduced EPS by 1.47 yuan in 2025 (previously 1.10/1.5, respectively)
Express News | Zheshang Securities: The bottom of the chemical price index fluctuates and is optimistic about structural opportunities in the chemical industry
Xinfengming (603225) 2023 Report Review: Significant restoration of 2023 filament profits are expected to continue to improve in 2024
Matters: The company released its 2023 annual report, and achieved revenue of 61,469 billion yuan in 2023, an increase of 21.03% over the previous year; realized net profit of 1,086 billion yuan, an increase of 628.44% over the previous year (this is 202
Xinfengming (603225.SH): Shares were not repurchased in March
Gelonghui, April 1 | Xinfengming (603225.SH) announced that in March 2024, the company had repurchased a total of 0 shares through centralized bidding transactions. From the beginning of implementation of this repurchase until March 31, 2024, the company has repurchased a total of 549,400 shares, accounting for 0.04% of the company's total share capital. The highest purchase price was 11.67 yuan/share, the lowest price was 11.02 yuan/share, and the amount paid was 6,149,857.00 yuan (not including transaction fees such as commissions and transfer fees).
Xin Fengming (603225): Significant improvement in performance in 2023, optimistic that the long silk boom will continue to rise
Xinfengming released its 2023 annual report: The company achieved operating income of 61,469 billion yuan, an increase of 21.0% over the previous year; net profit to mother was 1,086 billion yuan, turning a year-on-year loss into a profit. Of these, 2023Q4 achieved revenue 172
Xin Fengming (603225): Performance has improved sharply, and the long silk economy is expected to rise
Core idea In 2023, the company achieved a net profit of 1,086 billion yuan to mother, turning a significant loss into profit over the previous year. Domestic demand picked up in 2023, and the company's performance continued to improve. Filament production capacity investment will gradually slow down from 2024-2025 to test
Xinfengming Group Co., Ltd. (SHSE:603225) Just Released Its Annual Results And Analysts Are Updating Their Estimates
Last week, you might have seen that Xinfengming Group Co., Ltd. (SHSE:603225) released its yearly result to the market. The early response was not positive, with shares down 2.4% to CN¥13.93 in the pa
Xinfengming (603225): Increased production and improved gross margin
The losses were reversed year over year in 2023. In 2023, the company achieved operating income of 61,469 billion yuan, +21.03% year-on-year; realized net profit to mother of 1,086 billion yuan, reversing losses over the previous year. Among them, 4Q23 was achieved in a single quarter
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