UPCHY UNI-PRESIDENT CHIN
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UNI-PRESIDENT CHIN News
Uni-President China's Q1 Profit Nears 457 Million Yuan
Uni-President China Holdings (HKG:0220) recorded a profit after tax of roughly 456.9 million yuan during the first three months of 2024, according to a Thursday filing with the Hong Kong bourse. Subsi
Jefferies Adjusts Uni-President China Holdings' Price Target to HK$8.20 From HK$6.90, Keeps at Buy
04:57 AM EDT, 05/10/2024 (MT Newswires) -- Jefferies Adjusts Uni-President China Holdings' Price Target to HK$8.20 From HK$6.90, Keeps at Buy Price (HKD): $6.73, Change: $+0.61, Percent Change: +9.97%
Research Nuggets | CICC: Raising the unified target price to HK$7.5 to maintain “outperforming the industry” rating
Gelonghui, May 10 | CICC published a research report stating that the revenue for the first quarter of the unified 2024 fiscal year recorded a low double-digit year-on-year increase, mainly benefiting from the Spring Festival schedule and better sales of beverages. The bank predicts that it will unify the performance of its various branches in the first quarter of this year. Revenue from the beverage business will record double-digit growth from year to year; revenue from the food business is expected to grow by a low number of units; as for the new product business, unifying the strategy to launch multiple new products this year will actively expand the beverage consumption scenario. At the same time, CICC also expects that unifying the gross profit margin for the first quarter of this year will increase by 4 to 5 percentage points year-on-year; the company's sales expenses for the same period
Unified Enterprise China (0220.HK): 1Q24 has impressive core profits, and the beverage business continues to grow
The 1Q24 company's core net profit was +104% year-on-year to 457 million. The profit performance was outstanding. China released the first quarter's operating conditions. 1Q24 net profit was -6.3% year-on-year to 457 million; excluding 1Q23 one-time
Bank Rating | Macquarie: Raising the unified target price to HK$8.6 to “outperform the market”
Glonghui, May 10 | Macquarie released a report stating that the net profit for the first quarter of the unified first quarter was 457 million yuan. If one-time land disposal proceeds were not included in the first quarter of last year, it increased 1.04 times year-on-year, far exceeding the forecast. The gross margin increased by 4 to 5 percentage points year-on-year during the quarter, mainly due to improved utilization rates, weak prices for PET and palm oil, reduced discounts, and product structure upgrades. The bank will unify its net profit forecast for the 2024-2026 fiscal year and raise 21% each to reflect the impact of strong margin expansion, favorable cost trends and sales leverage in the first quarter of this year. The bank raised its target price from HK$7.1 to HK$8.6
Jefferies: Maintaining the Unified Enterprise China (00220.HK) “Buy” Rating Target Price Raised to HK$8.2
Jefferies released a research report stating that it maintains the “buy” rating of the unified enterprise China (00220.HK). After the first quarter results were announced, the net profit forecast for each year from 2024 to 2026 was raised by 16%, 19% and 19%, respectively, and the target price was raised from HK$6.9 to HK$8.2.
Hong Kong food stocks continued to rise. The unified enterprise China rose more than 8.5%, Master Kong rose more than 3.5%, and China Wangwang and China Foods both rose more than 2%.
Hong Kong food stocks continued to rise. The unified enterprise China rose more than 8.5%, Master Kong rose more than 3.5%, and China Wangwang and China Foods both rose more than 2%.
Changes in Hong Kong stocks | Unified Enterprise China (00220) rose more than 13% to hit a new high in nearly a year. Q1 profit after tax of 457 million yuan, and gross margin increased better than expected
Unified Enterprise China (00220) rose by more than 13%, reaching a high of HK$6.95 since June 2023. As of press release, it rose 13.07% to HK$6.92, with a turnover of HK$17.619,400.
Express News | Goldman Sachs: Upgraded the rating of the unified enterprise China Holdings Limited to buy, with a target price of HK$7.30.
Featured announcements | SMIC's Q1 net profit of US$71.792 million, down 68.9% year on year; Teb International plans to sell business for nearly HK$1.2 billion
Aobo Holdings' net loss for the first quarter was HK$74 million, a year-on-year narrowing of 91.48%; Huahong Semiconductor's Q1 net profit of US$31.818 million decreased by 79.1% year-on-year.
Unify Enterprise China (00220.HK): 1Q24 to achieve a successful start and highlight the company's investment value
The company's recent situation The company announced its 1Q24 business situation. Overall revenue growth was low by double digits, achieving net profit of 457 million yuan, -6.3% year-on-year. After excluding 1Q23 Hefei factory land sales revenue (about 256 million yuan), it is possible
Unified Enterprise China (00220) profit after tax for the first quarter was 457 million yuan
Unification Enterprise China (00220) announced that the company was invested within 3 months ending March 31, 2024...
統一企業中國：2023年年報
Big Bank Rating | Damo: It is expected that this year's beverage business growth will improve and reduce the target prices of Master Kong, Unification and Chinese food
Glonghui, April 17 | Morgan Stanley released a report on the Mainland's food and beverage industry, indicating that with the recovery in tourism demand, the beverage business growth will improve this year. Benefiting from falling raw material costs, profit margins will increase, but the year-on-year increase will be small. Compared to unification, the bank favors Master Kong. The bank believes that unification is facing challenges including slow recovery in demand for noodles; if palm oil prices rise, profit margins in the noodle business will be under pressure; and there are no plans to raise prices. However, the market has fully considered Master Kong's downside risks and made conservative predictions. Furthermore, the bank indicates that the valuation of Chinese food is reasonable, and the performance of the carbonated beverage business will continue to be a major concern
Unification Enterprise China (00220.HK) was increased by 100,000 shares by Executive Director Liu Xinhua
Gelonghui, March 22丨According to the Stock Exchange's latest equity disclosure data, on March 19, 2024, Unified Enterprise China (00220.HK) was granted an increase of 100,000 shares by Executive Director Liu Xinhua at an average price of HK$5.65 per share on the market, involving approximately HK$565,000. After the increase in holdings, Liu Xinhua's latest shareholding was 310,000 shares.
Unified Enterprise China (00220.HK) received an increase of 100,000 common shares by Liu Xinhua, worth approximately HK$565,000
On March 21, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 21, Liu Xinhua increased her shareholding of $100,000 common shares of $Unified Enterprise China (00220.HK) at an average price of HK$5.65 per share on March 19, worth about HK$565,000. After the increase in holdings, Liu Xinhua's latest shareholding was 310,000 shares, and the good position ratio was 0.00%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. The directors and top executives of listed companies must
Bank Rating | DBS: Lowering the target price of the unified enterprise in China to HK$6.5 to maintain the “buy” rating
Glonghui, March 13 | DBS published a report indicating that the unified enterprise China is growing steadily and has an attractive dividend ratio, which supports its valuation. As of the end of December last year, the company's net cash position remained stable at 6.486 billion yuan, of which 7.565 billion yuan in cash and total loans of 1,079 billion yuan. Assuming a payout ratio of 113%, it is estimated that the dividend rate could reach 7%. The company's current valuation is equivalent to 14.8 times the projected price-earnings ratio in 2024, maintaining a “buy” rating, and the target price has been lowered from HK$8.5 to HK$6.5. According to the report, the core profit of the unified last year increased by 14.8% year-on-year, in line with the forecast
Bank Ratings | J.P. Morgan Chase: Maintaining a unified enterprise, China's “increase in holdings” rating dividend rate is attractive
Glonghui, March 11 | J.P. Morgan Chase released a report saying that the sales volume of Unified Enterprise China increased by 1.2% year-on-year last year, 3% lower than market expectations. Adjusted profit increased 15.5% year-on-year, exceeding market expectations by 9%. The unified target for this year is to increase sales by about 10%, driven by new products (unsweetened tea and prepared dishes) and new channels (tourist attractions/transportation hubs); core net interest rates have increased by 4.9% since then, but no specific figures have been provided. Motong's forecast is conservative. It is expected that this year's sales and profit will increase by 7% and 11%, respectively. Currently, the stock price corresponds to 13.3 times this year's price-earnings ratio. This year
Komo: Maintaining a unified enterprise China (00220) “increase in holdings” rating target price reduced to HK$7.5
Komo expects sales and profits of Unified Enterprise China (00220) to increase 7% and 11% year-on-year, respectively, this year.
Uni-President China Holdings Ltd Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Shareholders of Uni-President China Holdings Ltd (HKG:220) will be pleased this week, given that the stock price is up 12% to HK$5.52 following its latest annual results. Uni-President China Hol
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