Swancor Advanced Materials' (SHSE:688585) Soft Earnings Are Actually Better Than They Appear
Swancor Advanced Materials Co., Ltd.'s (SHSE:688585) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed strength. Our analysis suggests that investors may have
Shangwei New Materials (688585.SH): Net profit of 184.445 million yuan in the first quarter, up 3.99% year on year
On April 26, Ge Longhui (688585.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 334 million yuan, up 3.94% year on year; net profit attributable to shareholders of listed companies was 18.4445 million yuan, up 3.99% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 16.9365 million yuan, up 0.34% year on year; basic earnings per share were 0.05 yuan.
Shangwei New Materials (688585.SH): Net profit in 2023 fell 15.69% year on year, and plans to pay 10 0.21 yuan
On April 2, Ge Longhui (688585.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 1.4 billion yuan, a year-on-year decrease of 24.74%; net profit attributable to shareholders of listed companies was 709.421 million yuan, a year-on-year decrease of 15.69%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 667.674 million yuan, a year-on-year decrease of 21.23%; and basic earnings per share were 0.18 yuan. The company plans to distribute a cash dividend of 0.21 yuan (tax included) for every 10 shares to all shareholders.
Express News | Shangwei New Materials: Plans to use self-funded capital of RMB 92.02 million to purchase the plant
Shangwei New Materials (688585.SH): Used in the fields of robots, flying cars, etc. according to different customer needs. Currently, related products are being tested
Gelonghui, March 21丨Shangwei New Materials (688585.SH) said on the interactive platform that the company's products are used in a wide range of fields. Among them, the epoxy resin series for pre-impregnation and various reinforced fiber materials have good impregnation properties and superior mechanical strength. They are used in robots, flying vehicles and other fields according to different customer needs. Currently, related products are being tested.
Swancor Advanced Materials Co., Ltd. (SHSE:688585) Stock Catapults 32% Though Its Price And Business Still Lag The Market
Those holding Swancor Advanced Materials Co., Ltd. (SHSE:688585) shares would be relieved that the share price has rebounded 32% in the last thirty days, but it needs to keep going to repair the recen
Express News | Shangwei New Materials Performance Report: Net profit due to mother fell 15.70% year-on-year in 2023
Swancor Advanced Materials Co., Ltd.'s (SHSE:688585) Price Is Out Of Tune With Earnings
When close to half the companies in China have price-to-earnings ratios (or "P/E's") below 35x, you may consider Swancor Advanced Materials Co., Ltd. (SHSE:688585) as a stock to potentially avoid with
Swancor Advanced Materials Co., Ltd. (SHSE:688585) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Swancor Advanced Materials (SHSE:688585) has had a great run on the share market with its stock up by a significant 12% over the last week. But the company's key financial indicators appear to be di
Shangwei New Materials (688585.SH): Net profit of 30.249 million yuan in the third quarter increased 42.44% year-on-year
On October 30, Gelonghui New Materials (688585.SH) announced that in the third quarter of 2023, it achieved operating income of 370 million yuan, a year-on-year decrease of 17.71%; net profit attributable to shareholders of listed companies of 30.249 million yuan, an increase of 42.44% over the previous year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 29.289 million yuan, an increase of 28.61% over the previous year; basic earnings per share.
Shangwei New Materials (688585.SH): Plans to jointly invest 20 million yuan to establish a holding subsidiary
Gelonghui, September 27丨Shangwei New Materials (688585.SH) announced that in order to strengthen the company's manufacturing capacity in wind power blade, main engine recycling and related recycled material products, enrich the company's recycled material products and composite recycling service product categories in the wind power sector, and expand composite recycling services and recycled material product manufacturing business in the wind power industry. The company plans to jointly invest RMB 20 million with Shandong Longneng Renewable Energy Co., Ltd. to establish a holding subsidiary “Shandong Longneng Renewable Resources Utilization Co., Ltd.” (tentative name; the name of the subsidiary is subject to final approval by the market supervision and administration department).
Shangwei New Materials (688585.SH): 320 million restricted shares will be listed and distributed from September 28
GLONGHUI, September 20, | Shangwei New Materials (688585.SH) announced that the restricted shares currently listed and distributed by the company are part of the company's initial public offering. The number of restricted shareholders is 2, corresponding to the number of restricted shares of 320 million shares, accounting for 79.23% of the total share capital as of the company's total share capital as of the date of publication of this announcement. The limited sales period is 36 months from the date of listing of the company's shares. This limited share will be listed and distributed from September 28, 2023.
The Return Trends At Swancor Advanced Materials (SHSE:688585) Look Promising
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. In a perfect world, we'd like to see a company investing mor
Shangwei New Materials (688585.SH): Net profit for the first half of the year was 32.044 million yuan, down 12.34% year on year
On August 8, GLONGHUI | Shangwei New Materials (688585.SH) released its 2023 semi-annual report. Revenue for the reporting period was 650 million yuan, down 33.95% year on year; net profit attributable to shareholders of listed companies was 32.044 million yuan, down 12.34% year on year; net profit attributable to shareholders of listed companies deducted non-recurring profit and loss was 30.645,900 yuan, down 17.24% year on year; basic earnings per share of 0.08 yuan. The reporting period was mainly due to factors such as the economic downturn, the slowdown in market demand, and price fluctuations in the raw materials market to reduce sales prices. Revenue declined year-on-year, resulting in a year-on-year decline in operating performance
Shangwei New Materials (688585.SH): Shareholder Jinfeng Investment Control reduced its shareholding by 1.08%
On July 18, 2023, GLONGHUI | Shangwei New Materials (688585.SH) announced that on July 18, 2023, the company received the “Notice on Holding Reduction Ratio Reaching 1%” issued by the shareholder Goldwind Investment Control. From July 17, 2023 to July 18, 2023, Goldwind Investment Management reduced the total number of shares held by means of bulk transactions and centralized bidding to reach 4.3421 million shares, accounting for 1.08% of the company's total share capital.
Shangwei New Materials (688585.SH): Goldwind Investment Control has reduced its holdings by 1.169,000 shares by a total of more than half of the time
On July 7, 2023, GLONGHUI | Shangwei New Materials (688585.SH) announced that on July 7, 2023, the company received the “Notice on Holding Reduction Over Half of the Time” issued by Goldwind Investment. As of July 7, 2023, Goldwind Investment Control reduced its holdings of the company's shares by 1.169,000 shares through centralized bidding transactions and bulk transactions. The time for this holdings reduction plan is over half, and the holdings reduction plan has not yet been implemented.
Should Income Investors Look At Swancor Advanced Materials Co., Ltd. (SHSE:688585) Before Its Ex-Dividend?
Swancor Advanced Materials Co., Ltd. (SHSE:688585) is about to trade ex-dividend in the next couple of days. The ex-dividend date is one business day before a company's record date, which is the date
Shangwei New Materials (688585.SH) plans to distribute 0.022 yuan per share in 2022, excluding interest on May 23
According to the Zhitong Finance App, Shangwei New Materials (688585.SH) issued an announcement. This time, the profit distribution is based on the company's total share capital before the implementation of the plan, with a cash dividend of 0.022 yuan (tax included) per share. The equity registration date for this equity distribution is May 22, 2023, and the exclusion (interest) date is May 23, 2023.
Goldwind Investment Control, a shareholder of Shangwei New Materials (688585.SH), plans to reduce its shareholding by no more than 3%
According to the Zhitong Finance App, Shangwei New Materials (688585.SH) issued an announcement that the company's shareholder Goldwind Investment Holdings Co., Ltd. (hereinafter referred to as “Goldwind Investment Control”) plans to reduce the company's total holdings by no more than 12.096 million shares in order to increase investment liquidity needs, and the total share capital ratio of the company shall not exceed 3% of the company's total share capital.
Shangwei New Materials (688585.SH) released first-quarter results, with net profit of 177.362 million yuan, a decrease of 7.54% over the previous year
According to the Zhitong Finance App, Shangwei New Materials (688585.SH) released its report for the first quarter of 2023. The company's operating income during the reporting period was 321 million yuan, a decrease of 34.32% over the previous year; net profit attributable to shareholders of listed companies was 177.362 million yuan, a decrease of 7.54% over the previous year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 168.791,000 yuan, a decrease of 11.83% over the previous year; basic earnings per share were 0.04 yuan.
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