Fuzander (605050.SH): From January to May, the price of upstream automobile sheets was relatively weak, and the increase fell short of expectations
Gelonghui, May 16 | Furande (605050.SH) said at the performance briefing that the properties of automobile steel are customized products, which are different from the range of commodities recognized by the public, that is, general steel. From January to May 2024, the price of upstream automobile sheets was relatively weak. The increase fell short of expectations, which had some impact on the company's safe stock inventory, but the impact of the company's safety stock shipment volume on the company's overall profit was relatively manageable.
Fuzander (605050.SH): Net profit of 76.7066 million yuan in the first quarter decreased 10.08% year-on-year
Gelonghui, April 29 | Furande (605050.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 2,392 billion yuan, an increase of 12.23%; net profit attributable to shareholders of listed companies of 76.7066 million yuan, a year-on-year decrease of 10.08%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of 75.2525 million yuan, a year-on-year decrease of 3.53%; and basic earnings per share of 0.16 yuan.
FriendLtd's (SHSE:605050) Profits May Not Reveal Underlying Issues
The recent earnings posted by Friend Co.,Ltd. (SHSE:605050) were solid, but the stock didn't move as much as we expected. We think this is due to investors looking beyond the statutory profits and be
Furande (605050): Develop new customers and expand the main business
Guide to this report: The company's 2023 performance is in line with expectations. Demand for the company's downstream automobiles is booming, and the company is actively developing new customers and expanding new processes. The company continues to invest in the main business, and it is expected that the main processing and distribution business will continue to contribute to the increase. Investment Essentials: Maintaining
Furande (605050): Strong performance in 23 years, double driving growth, 24 years of growth, and value chain extension
Investment highlights: Incident: Furander released the 2023 annual results report. The company achieved net profit of 417 million yuan, an increase of 36.85% over the same period last year, and achieved deductions attributable to shareholders of listed companies
Furande (605050.SH) plans to invest in the construction of steel and aluminum plate processing lines and stamping and welding lines in Wuhu, with a total investment of about 1.2 billion yuan
Furander (605050.SH) announced that the company, Wuhu First Intelligent Manufacturing Co., Ltd., a wholly-owned subsidiary of the company,...
605050.SH: Net profit increased 36.85% year-on-year in 2023, and plans to distribute 10 to 4.3 yuan
On April 15, GLONGHUI (605050.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 9.762 billion yuan, a year-on-year decrease of 5.61%; net profit attributable to shareholders of listed companies was 417 million yuan, up 36.85% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 390 million yuan, up 38.72% year on year; and basic earnings per share were 0.85 yuan. It is proposed to distribute a cash dividend of 4.30 yuan (tax included) for every 10 shares to all shareholders.
Furande (605050.SH): Xingsheng Partners reduced its total shareholding by 2.22%
On March 22, GLONGHUI (605050.SH) announced that on March 22, 2024, the company received a “Notice Letter on Early Termination of the Holdings Reduction Plan” issued by shareholder Xing Sheng Partners. As of the date of this announcement, Xingsheng Partners has reduced the total number of company shares by 10,932,948 shares through bulk transactions and centralized bidding transactions, accounting for 2.22% of the company's total share capital; after the completion of this reduction plan, Xingsheng Partners held 20,567,052 shares of the company, accounting for 4.17% of the company's total share capital. As a specific shareholder of the company, Xingsheng Partners voluntarily terminated early
Express News | Furende Co., Ltd.'s Wuhu Chery Automobile Lightweight Project Launched
Furander (605050): The 23-year performance exceeds expectations, and the 24-year automotive sheet logistics supply chain business is expected to drive high performance growth
Investment highlights: Incident: Furander released its 2023 performance report. The company achieved net profit of 417 million yuan, an increase of 36.78% over the same period last year, and achieved deductions attributable to shareholders of listed companies
Express News | Furander Earnings Report: Net profit to mother increased 36.78% year-on-year in 2023
Be Wary Of FriendLtd (SHSE:605050) And Its Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Ideally, a business will show two trends; firstly a growing return on capital emp
Furande (605050) Depth: Increased market share in traditional main businesses helps increase performance, and integrated die-casting opens a new chapter
Key investment points: Furander is an excellent domestic third-party plate logistics supply chain solution provider and is committed to building an “ecological digital steel supply chain platform integrating industry and trade”. The company's main business is for high-end automotive, home appliance and other industries or
Friend Co.,Ltd.'s (SHSE:605050) 27% Dip In Price Shows Sentiment Is Matching Earnings
The Friend Co.,Ltd. (SHSE:605050) share price has fared very poorly over the last month, falling by a substantial 27%. The drop over the last 30 days has capped off a tough year for shareholders, w
Private Companies Are Friend Co.,Ltd.'s (SHSE:605050) Biggest Owners and Were Hit After Market Cap Dropped CN¥434m
Key Insights FriendLtd's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public 51% of the business is held by the top 2 shareh
Fullander (605050.SH) shareholder Xingsheng Partner reduced its total holdings by 0.39%, and its shareholding fell below 5%
Furander (605050.SH) issued an announcement. The company received more than 5% of the shares held on January 15, 2024...
Fullander (605050.SH) shareholder Xingsheng partnered to reduce the company's shares by 1%
Fuzander (605050.SH) issued an announcement. The company received more than 5% of the shares on December 26, 2023...
Forland (605050.SH): Xingsheng Partnership plans to reduce its holdings by no more than 3% in total
Gelonghui (605050.SH) announced on December 18 | Forland () announced that on December 18, 2023, the company received the “Notice Letter on Reducing Shareholding of Forland Co., Ltd.” issued by Xingsheng Partner on December 18, 2023. Due to its own capital requirements, Xing Sheng Partnership plans to reduce the number of company shares held by no more than 4,928,290 shares through centralized bidding transactions within 3 months after 15 trading days from the date of disclosure of this announcement, and the reduction ratio shall not exceed 1% of the company's total shares; at the same time, Xing Sheng Partnership plans to reduce the number of shares of the company through bulk transactions within 3 months after 3 trading days from the date of disclosure of this announcement
Friend Co.,Ltd.'s (SHSE:605050) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Most readers would already be aware that FriendLtd's (SHSE:605050) stock increased significantly by 20% over the past three months. As most would know, fundamentals are what usually guide market pri
Steel Logistics Firm Friend Co. Receives 31 Million Yuan in Government Subsidies
Friend Co. (SHA:605050) has received 30.9 million yuan in government subsidies from Jan. 1 to Dec. 4, according to a filing on Tuesday. The subsidies were received from various sources, including the
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