603256 Grace Fabric Technology
- 6.72
- -0.18-2.61%
Grace Fabric Technology News
Deep* Company* Honghe Technology (603256): The steady rise in electronic cloth prices is worth looking forward to
The company released the 2023 annual report and the 2024 quarterly report. The revenue for 2023 was 660 million yuan, up 8.0% from the same period, and net profit to mother was -60 million yuan, turning a year-on-year loss, EPS-0.07 yuan; 2024Q1
Honghe Technology (603256.SH): The downstream of the company is copper-clad
Gelonghui, May 23丨Honghe Technology (603256.SH) said on the investor interactive platform that the company's main products are electronic grade glass fiber cloth and electronic grade glass fiber yarn, and the company's downstream is copper-clad plate. For details on downstream, please refer to the relevant information announced by downstream customers.
Express News | Honghe Technology: Recently obtained a high-tech enterprise certificate
Honghe Technology (603256): Sales remain high and profits are temporarily under pressure
Net profit attributable to mother was -63 million yuan in '23. The company released its annual report for '23 and quarterly report for '24, and achieved revenue of 661 million yuan in '23, +8.01% year-on-year. Net profit attributable to mother/ net profit deducted from non-mother
Honghe Technology (603256.SH): Net loss of 8.069 million yuan in the first quarter
Gelonghui, April 26 | Honghe Technology (603256.SH) released its first quarter report. Operating revenue was 190 million yuan, up 55.34% year on year, net loss of 8.069 million yuan, net loss of 10.726,800 yuan after deducting non-net loss of 10.726,800 yuan, basic earnings per share.
Honghe Technology (603256.SH): The subsidiary Huangshi Honghe obtained the high-tech enterprise certificate
Gelonghui, April 18 | Honghe Technology (603256.SH) announced that its wholly-owned subsidiary Huangshihong Electronic Materials Technology Co., Ltd. recently obtained the “High-tech Enterprise Certificate” jointly approved and issued by the Hubei Provincial Department of Science and Technology, the Hubei Provincial Department of Finance, and the Hubei Provincial Taxation Bureau of the State Administration of Taxation. The issuance period is December 8, 2023. The certificate number is GR202342007780, and the validity period is three years.
Grace Fabric Technology Co.,Ltd.'s (SHSE:603256) 29% Share Price Surge Not Quite Adding Up
Grace Fabric Technology Co.,Ltd. (SHSE:603256) shareholders are no doubt pleased to see that the share price has bounced 29% in the last month, although it is still struggling to make up recently lost
Grace Fabric TechnologyLtd (SHSE:603256) Is Carrying A Fair Bit Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
Honghe Technology (603256.SH): Subsidiary Huangshi Honghe received a government subsidy of 1 million yuan
Gelonghui, Feb. 6: Honghe Technology (603256.SH) announced that its wholly-owned subsidiary Huangshihong and Electronic Materials Technology Co., Ltd. received a characteristic industry development guidance incentive fund of RMB 1,000,000.00 from the Tieshan Private Enterprise Development Promotion Center of the Huangshi Economic and Technological Development Zone. The government where the subsidiary is located, Huangshi Economic and Technological Development Zone Tieshan District Government will give the subsidiary equipment investment subsidies in accordance with the development zone's characteristic industry development guidance policy. The subsidiary received this government subsidy on February 6, 2024.
Honghe Technology (603256.SH): Pre-loss of 43.91 million yuan to 60.4 million yuan in 2023
Gelonghui, January 26丨Honghe Technology (603256.SH) announced its 2023 annual results forecast. The company expects to achieve net profit attributable to owners of the parent company in 2023 of -60.94 million yuan to -43.91 million yuan. Compared with the same period last year, there will be a loss. The company expects to achieve net profit of -83.8 million yuan to -63.35 million yuan after deducting non-recurring profit and loss attributable to the owners of the parent company in 2023.
Honghe Technology (603256.SH) appoints Huang Yujia as head of finance
Honghe Technology (603256.SH) issued an announcement. The company will hold the 3rd board meeting on January 12, 2024...
Honghe Technology (603256.SH) plans to increase the capital of its subsidiary Sichuan Honghe by 15 million yuan
Honghe Technology (603256.SH) issued an announcement to meet the business needs of the company's wholly-owned subsidiary, Sichuan Honghe,...
Pinning Down Grace Fabric Technology Co.,Ltd.'s (SHSE:603256) P/S Is Difficult Right Now
When you see that almost half of the companies in the Chemicals industry in China have price-to-sales ratios (or "P/S") below 2.4x, Grace Fabric Technology Co.,Ltd. (SHSE:603256) looks to be giving of
Honghe Technology (603256.SH): Director and Chief Financial Officer ****mu Resigns
Gelonghui, December 29丨Honghe Technology (603256.SH) announced that on December 29, 2023, the company received a written resignation report from Mr. ****mu, the company's director and financial director. Mr. ****mu applied to resign as the company's director, financial director, and a member of the board strategy committee due to personal reasons. After his resignation, Mr. ****mu continued to hold other positions in the company. As of the disclosure date of this announcement, Mr. ****mu directly held 50,000 shares of restricted stock that the company has been granted but the sales restrictions have not been lifted as an incentive target of the company's 2021 restricted stock plan.
Dongwu Securities: Backward production capacity clearance in the glass fiber industry is expected to accelerate rising demand expectations or drive valuation repair
Currently, sector valuations are at a historically low level, and expectations of rising demand are expected to drive valuation repair.
Honghe Technology (603256.SH): Subsidiary Huangshi Honghe received 2 million yuan in government subsidies
On December 19|Honghe Technology (603256.SH) announced that its wholly-owned subsidiary Huangshihong and Electronic Materials Technology Co., Ltd. received RMB 2,000,000.00 in special industry development guidance incentive funds from the Tieshan Private Enterprise Development Promotion Center of Huangshi Economic and Technological Development Zone. The subsidiary's local government, the Tieshan District Government of Huangshi Economic and Technological Development Zone, granted subsidiaries equipment investment subsidies in accordance with the development zone's characteristic industry development guidance fund policy. The subsidiary received this government subsidy on December 19, 2023.
Honghe Technology (603256.SH): Received a government subsidy of 6.926,300 yuan
Gelonghui (603256.SH) announced on December 8 | Honghe Technology () announced that from January 1, 2023 to the disclosure date of this announcement, the company and its subsidiary Huangshihong and Electronic Materials Technology Co., Ltd. (“Huangshi Honghe”) received a total of RMB 6,926,300 in government subsidies related to revenue, accounting for 13.23% of the company's audited net profit in the most recent fiscal year.
Company Q&A丨Honghe Technology: The company and Hongchang Electronics are two listed companies controlled by the same actual controller
Gelonghui November 30 | Some investors asked Honghe Technology on an interactive platform: Did they supply high-end electronic cloth products to Hongchang Electronics? What is the relationship between your company and Hongchang Electronics? Honghe Technology responded: The company and Hongchang Electronics are two listed companies controlled by the same actual controller; the company has business dealings with Hongchang Electronics subsidiary (Hongren). Please refer to the company announcement for specific related transactions.
Tianfeng Securities: The recovery trend of consumer electronics is gradually showing that electronic fabrics are expected to reach an upward inflection point
Gelonghui, November 24 | Tianfeng Securities Research Report said that the consumer electronics recovery trend is gradually showing, and electronic fabrics are expected to reach an upward inflection point. Currently, the fundamentals of the electronic cloth industry have high expectations of improvement. Since this year, the demand side consumer electronics recovery trend has gradually become apparent. The electronic cloth and downstream industries in the industrial chain are gradually being removed from storage. At the same time, the supply impact on supply-side production capacity and supply has weakened marginally. Currently, the price and profit of electronic yarn/electronic cloth are relatively low, so there is plenty of room for upward repair. The focus is on recommending Chinese giant stones, which have strong value investment attributes, and Honghe Technology, which has excellent growth potential.
Review of Honghe Technology (603256) 2023 Q3 Report: Project put into operation Q3, revenue soars, industry slump, companies still lose money
The company published three quarterly reports. In the first three quarters of 2023, the company achieved revenue of 497 million yuan (+8.03%), net profit of the mother - 44 million yuan (-204.28%), net profit after deducting non-return net profit - 57 million yuan
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