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Should You Be Excited About Kingclean Electric Co.,Ltd's (SHSE:603355) 25% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning
Lake Electric (603355): Overseas OEM restorative growth parts business is poised to develop
The 2023 results were higher than our expectations, and the 1Q24 results were in line with our expectations. The company announced 2023 and 1Q24 results: 1) The company's revenue in 2023 was 8.792 billion yuan, or -11.52% year-on-year; return to mother
Lake Electric (603355): Q1 foundry+parts double growth orders have recovered significantly
Investment highlights: Q1 revenue is in line with expectations. Lake Electric achieved revenue of 8.792 billion yuan in 2023, a year-on-year decrease of 12%; realized net profit of 1,117 billion yuan, an increase of 8% over the previous year; and realized net profit without deduction to mother 9.
Lake Electric (603355): Marginal revenue improvement strengthens foreign exchange risk management
Marginal improvement in revenue, strengthening foreign exchange risk management Lake Electric released the 2023 Annual Report and 2024 Quarterly Report. In 2023, it achieved revenue of 8.792 billion yuan (yoy -11.52%), and net profit of 1,117 billion yuan to mother
Lake Electric (603355.SH): Net profit of 272 million yuan in the first quarter increased 36% year over year
Gelonghui, April 29丨Lake Electric (603355.SH) released its report for the first quarter of 2024, achieving operating income of 2,313 billion yuan, an increase of 11.68%; net profit attributable to shareholders of listed companies of 272 million yuan, an increase of 36.00% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 266 million yuan, an increase of 57.12% year on year; and basic earnings per share of 0.47 yuan.
Guotai Junan: Domestic demand in the clean appliance industry is picking up, and domestic sales are optimistic about a steady recovery in domestic sales throughout the year
Domestic demand is picking up momentum in the cleaning appliance industry, and we are optimistic that domestic sales will rise steadily throughout the year.
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