SHINELONG: 2024 Interim Report
Huaxi Securities: Leading light industry export enterprises' overseas business growth is promising in the future.
On August 29th, Guolonghui|Huaxi Securities research report pointed out that China's light industry outbound enterprises rely on their global integrated industrial chain layout, perfect supply chain, and efficient organizational management capabilities.
The mid-year net profit of Shinelong (01930.HK) is 7.28 million RMB, a decrease of 47.2%. No dividends are paid.
Shinelong (01930.HK) announced its interim results for the six months ending in June, with revenue of 0.118 billion RMB (same below), a 10.3% year-on-year increase. Recorded a net profit of 7.28 million yuan, a 47.2% decrease, with earnings per share of 1.1 cents. No interim dividend is declared.
Shinelong (01930.HK) has a mid-term profit of approximately 0.118 billion yuan, an increase of approximately 10.3% year-on-year.
On August 27, Guangdong Guanghui (01930.HK) announced that the group's income for the six months ending June 30, 2024 was approximately 0.118 billion yuan, an increase of approximately 10.3% year-on-year. The increase was mainly due to the increase in income generated by the group's sales of auto molds. In the first half of 2024, the company's attributable net profit was approximately 7.3 million yuan, a decrease of approximately 47.1% year-on-year; basic earnings per share were 1.1 yuan. The decrease was mainly due to: (i) a decrease in income from a major customer of the group, whose gross margin rate is relatively higher than other auto mold customers, resulting in lower sales.
Shinelong (01930) announced its interim performance, with owners' net profit of 7.278 million yuan, a decrease of 47.1% compared to the same period.
shinelong (01930) announced its mid-term performance for 2024, with a profit of approximately 0.118 billion yuan, a year-on-year growth of 10.3%;...
SHINELONG: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024 AND CHANGE IN USE OF PROCEEDS
In July, the industry developed rapidly according to Northeast Securities. The weak recovery trend of the general sector continued, and equipment updates are expected to accelerate.
In July, the national industrial value-added of scale enterprises increased by 5.1%, a decrease of 0.2 percentage points compared to the previous period.
Shinelong Automotive Schedules Financial Review Meeting
Shinelong (01930.HK) held a board of directors meeting on August 27th to consider and approve the interim performance.
Shinelong (01930.HK) announced on August 13 that the board of directors' meeting will be held on August 27, 2024 (Tuesday), including considering and approving the unaudited interim performance of the company and its subsidiaries for the six months ending June 30, 2024, and considering the distribution of interim dividends (if any).
SHINELONG: DATE OF BOARD MEETING
CITIC Securities: Three-dimensional analysis of space, path, and profit reveals great opportunities for global auto parts globalization.
Now is the right time to go global. The accelerated globalization of high-quality domestic parts supports a new round of growth in the domestic parts industry in terms of space, path, and profitability. It is expected to create a new global leader.
Shinelong's Controlling Shareholder Structure Altered
Shinelong (01930.HK): Shine Art is still the company's controlling shareholder.
On July 23rd, Gelonhui announced that board of directors of Shinelong (01930.HK) received notice from the company's controlling shareholder, Shine Art International Limited (Shine Art), that it had redeemed 454 shares of issued shares held by Mr. Zhang Ruijun on July 23, 2024. Prior to the redemption, Mr. Zhang Ruijun had no relationship with the company except as a shareholder of Shine Art. The redeemed shares will be held by Shine Art as inventory shares. The redemption only involved Shine Art's shares. Shine
Shinelong Automotive Lightweight Expects 40% Lower Profit in H1 2024
Shinelong Automotive Anticipates Profit Drop
Shinelong (01930) issues profit warning, expecting a year-on-year decrease of shareholder's attributable net profit of not less than 40% in the first half of the year.
Shinelong (01930) announced that the group expects to release its report for the first half of 2024 (ending on June 30, 2024) ...
SHINELONG: PROFIT WARNING
Bureau of Statistics: Profits of industrial enterprises above the national scale increased by 4.3% from January to March 2024
According to data released by the National Bureau of Statistics, from January to March, industrial enterprises above the national scale achieved a total profit of 1505.53 billion yuan, an increase of 4.3% over the previous year; of these, private enterprises achieved a total profit of 367.97 billion yuan, an increase of 5.8%.
Shinelong Automotive Lightweight's 2023 Profit Rises 19%
SHINELONG: 2023 ANNUAL REPORT