Weixing Co., Ltd. (002003): Q1 profit exceeded expectations and is optimistic that orders will grow steadily throughout the year
Report guide: Q1 revenue was in line with expectations, and profit exceeded expectations. Mainly due to other revenue contributions, orders continued to be steady in April, maintaining full-year revenue guidance. Investment highlights: Investment recommendations We maintain our 2024-26 EPS
Lu Tai A (000726): The deduction of non-net profit in 1Q24 is in line with expectations and is expected to recover in 24
Net profit attributable to mother of 1Q24 was lower than our expectations. Net profit after deduction was in line with our expectations. The company announced 1Q24 results: revenue of 1.38 billion yuan, +0.3% year-on-year; net profit to mother of 68.24 million yuan, year-on-year
HTC Hi-Tech (002144.SZ): Net profit of 178.779 million yuan in the first quarter increased 3.80% year over year
Gelonghui, April 29 | Hongda Hi-Tech (002144.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 121 million yuan, up 0.70% year on year; net profit attributable to shareholders of listed companies was 17.8879 million yuan, up 3.80% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 17.1343 million yuan, up 3.20% year on year; basic earnings per share were 0.10 yuan.
Xinlong Holdings (000955.SZ): Net loss of 7.1215 million yuan in the first quarter
Gelonghui, April 29 | Xinlong Holdings (000955.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 107 million yuan, down 5.60% from the previous year; net profit attributable to shareholders of listed companies - 7.1215 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 7.291,900 yuan; basic earnings per share - 0.0132 yuan.
MediaTek (002394.SZ): Net profit of 20.3446 million yuan in the first quarter decreased by 67.55% year-on-year
On April 29, GLONGHUI Co., Ltd. (002394.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 1,252 billion yuan, up 18.64% year on year; net profit attributable to shareholders of listed companies was 20.3446 million yuan, down 67.55% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 55,2481 million yuan, an increase of 89.11% year on year; basic earnings per share were 0.0629 yuan.
Huafang Co., Ltd. (600448.SH): Net profit of 945,000 yuan in the first quarter decreased by 14.7% year-on-year
Gelonghui, April 29丨Huafang Co., Ltd. (600448.SH) released its first quarter report. Operating revenue was 661 million yuan, up 3.93% year on year, and net profit was 945,000 yuan, down 14.7% year on year. After deducting non-net profit of 278,800 yuan, basic earnings per share were 0.0015 yuan.
Express News | Jiangnan Hi-Fiber: Net profit fell 17.28% year-on-year in the first quarter
Express News | Fuchun Dyeing & Weaving: Net profit of 295.14,400 yuan in the first quarter increased by 30.06% year-on-year
Blum Oriental (601339.SH): Net profit of RMB 8032.69 million for the first quarter decreased by 4.51% year-on-year
Glonghui, April 29丨Blum Oriental (601339.SH) released its first quarter report. Operating revenue was 1,834 billion yuan, up 23.45% year on year, net profit of 80,3269 million yuan, down 4.51% year on year, after deducting non-net loss of 7.495,800 yuan, and basic earnings per share of 0.05 yuan.
Taihua New Materials (603055): Performance exceeds expectations, differentiation strategy promotes the company's continued growth
Incident: The company released its quarterly report for the year 24. In 24Q1, the company achieved operating income of 1.47 billion yuan, a year-on-year increase of 52% and a year-on-month decrease of 7%; realized net profit of 150 million yuan, an increase of 101% year-on-year, and a month-on-month increase of 2
New Australia Shares (603889): Growth potential continues to strengthen
The company released 24Q1 earnings report with operating income of 1.1 billion yuan, an increase of 12%; net profit to mother of 96 million yuan, an increase of 6.6%; withheld of 93 million yuan, an increase of 6.4%; gross profit margin of 19.9% for the current period, an increase of 0.6 pct
Lu Tai A (000726): Gross margin increased in the first quarter after deducting a 139% increase in non-net profit
Revenue remained flat in the first quarter, with significant improvements in gross margin and expense ratios, but non-recurring profit and loss dragged down net profit due to mother. The company is a global leader in the manufacture of yarn-dyed fabrics, and its main products are woven fabrics and shirts. Orders gradually improved as overseas brands came to an end of inventory removal
Express News | Pension appeared as the top ten tradable shareholders with 166 individual shares in the first quarter
Jujie Microfibre (300819.SZ) announced first-quarter results, net profit of 11.2724 million yuan, an increase of 44.88%
According to the Zhitong Finance App, Jujie Microfibre (300819.SZ) released its report for the first quarter of 2024. During the reporting period, it achieved revenue of 119 million yuan, a year-on-year decrease of 24.54%. Net profit attributable to shareholders of listed companies was RMB 11.2724 million, an increase of 44.88% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 13.075 million, an increase of 72.27% over the previous year.
Weixing Co., Ltd. (002003.SZ) announced first-quarter results, net profit of 779.247 million yuan, a year-on-year increase of 45.25%
Weixing Co., Ltd. (002003.SZ) released its report for the first quarter of 2024. The company's revenue was 801 million yuan...
Dongwu Securities released a research report on April 28 stating that it gave Jiansheng Group (603558.SH) a purchase rating. The main reasons for the rating include: 1) the 2024Q1 cotton socks business continues to grow, and the seamless business is still
Dongwu Securities released a research report on April 28 stating that it gave Jiansheng Group (603558.SH) a purchase rating. The main reasons for the rating include: 1) the 2024Q1 cotton socks business continues to grow, and the seamless business is still under pressure in the short term; 3) 2024Q1 gross margin increased, cost ratio decreased, and net profit margin to mother increased significantly. (Mainichi Keizai Shimbun)
Guoxin Securities released a research report on April 28 stating that it gave Huali Group (300979.SZ) a purchase rating. The main reasons for the rating include: 1) revenue increased 30% year-on-year in the first quarter due to volume and price improvemen
Guoxin Securities released a research report on April 28 stating that it gave Huali Group (300979.SZ) a purchase rating. The main reasons for the rating include: 1) revenue increased 30% year-on-year in the first quarter due to volume and price improvements; 2) gross profit margin and net interest rate growth in the first quarter; 3) volume and price increases significantly year-on-year in the first quarter, and production capacity was invested as scheduled; 4) Industry: the removal of international brands from inventory came to an end, and the monthly revenue of **** foundry peers improved positively; 5) the departure of core brand customers came to an end; 6) the monthly revenue improvement of **** foundry peers was positive. (Mainichi Keizai Shimbun)
Jiansheng Group (603558): Earnings increased sharply in the first quarter, and profitability reached a record high
Core view: The company reported significant growth in its quarterly performance in '24, and its profitability reached a record high. In 24Q1, the company's revenue was 549 million yuan, up 10.42% year on year, and net profit to mother was 82 million yuan, up 112 million yuan year on year.
Weixing Co., Ltd. (002003): Excellent performance in 2024Q1, business conditions continue to improve
2024Q1's revenue increased 15% year over year, and net profit to mother increased 45% year over year, with excellent performance. The company released its 2024Q1 quarterly report. Revenue increased 14.8% year over year to 800 million yuan, and gross margin remained basically 37.9 million yuan year over year
Huali Group (300979) Comment: Profit margin elasticity surpassed expectations, net profit to mother increased 64% in 24Q1
The company released its 2024 quarterly report, and the results exceeded expectations. 24Q1 achieved revenue of 4.76 billion yuan, a year-on-year increase of 30.2%, net profit to mother of 790 million yuan, an increase of 63.7% year-on-year, and 7.8 percent year-on-year net profit after deducting 7.8 billion yuan