000061 Shenzhen Agricultural Power Group
- 5.95
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Shenzhen Agricultural Power Group News
Agricultural products (000061.SZ): Net profit of 82.557 million yuan in the first quarter decreased 5.27% year on year
On April 29, Gelonghui Agricultural Products (000061.SZ) released its first quarter report. Operating revenue was 1.05 billion yuan, down 15.35% year on year, net profit was 82.547 million yuan, down 5.27% year on year, after deducting non-net profit of 68.8 million yuan, down 9.69% year on year, with basic earnings of 0.0486 yuan per share.
Shenzhen Agricultural Products Group Co., Ltd.'s (SZSE:000061) Shares Lagging The Market But So Is The Business
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider Shenzhen Agricultural Products Group Co., Ltd. (SZSE:000061) as an attractive investmen
Agricultural products (000061.SZ): 2023 net profit of 449 million yuan, planned to be divided by 10 to 1.1 yuan
Gelonghui, April 17 | Agricultural Products (000061.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 5.490 billion yuan, an increase of 26.11%; net profit attributable to shareholders of listed companies was 449 million yuan, up 121.91% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 312 million yuan, up 141.77% year on year; basic income per share was 0.2646 yuan; it plans to distribute a cash dividend of 1.10 yuan (tax included) to all shareholders for every 10 shares.
Should Weakness in Shenzhen Agricultural Products Group Co., Ltd.'s (SZSE:000061) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Shenzhen Agricultural Products Group (SZSE:000061) has had a rough three months with its share price down 6.5%. However, stock prices are usually driven by a company's financials over the long term,
Agricultural products (000061.SZ): Currently, the company's agricultural products wholesale market is positioned as a sales market with steady and good operating conditions
Gelonghui, Feb. 7 | Agricultural Products (000061.SZ) recently said during a survey by institutional investors that currently, the company's agricultural products wholesale market is positioned as a sales market, and the business situation is steady and good. In 2023, operating revenue and profits in agricultural markets such as Tianjin Haijixing, Shenzhen Haijixing, and Shanghai Company increased year-on-year. Because the company's agricultural products wholesale market is asset-heavy, the development, construction and operation cycle of the project is long. For some loss-making markets, the company will step up investment promotion efforts, continuously explore potential efficiency gains, and enhance operating capabilities.
The Market Doesn't Like What It Sees From Shenzhen Agricultural Products Group Co., Ltd.'s (SZSE:000061) Earnings Yet
With a price-to-earnings (or "P/E") ratio of 28x Shenzhen Agricultural Products Group Co., Ltd. (SZSE:000061) may be sending bullish signals at the moment, given that almost half of all companies in C
Agricultural products (000061.SZ): Its Chengdu Market and others are also actively expanding the urban food distribution business
On November 30, Gelonghui Agricultural Products (000061.SZ) stated on the investor interactive platform that the company's Shennong Kitchen relies on the company's wholesale market network advantages to build its own modern processing and distribution center, integrating functions such as sorting, testing, warehousing, distribution, and information management of agricultural and sideline products to provide professional, safe and healthy kitchen solutions and green ingredients for major enterprises and institutions in Shenzhen. The company's Chengdu Market and others are also actively expanding the urban food distribution business.
Agricultural products (000061.SZ): Standard transfer boxes developed by its Agricultural Products Intelligent Distribution Industrial Design and Research Institute are undergoing full-chain testing from upstream bases to downstream sales sites
Gelonghui November 24 | Agricultural Products (000061.SZ) was surveyed by specific targets on November 21, 2023. Regarding “the company explores the path of standardization of agricultural product circulation on the upstream planting side,” the company replied that on the upstream planting side, the company built “one base, one park, one center” to a high standard to strengthen control from the “first 100 meters” of agricultural product circulation. In the distribution process, the standard transfer box developed by the Agricultural Products Intelligent Distribution Industrial Design and Research Institute under the company is undergoing a full chain test from the upstream base to the downstream sales site. Efforts are being made to improve the circulation efficiency of fresh agricultural products and strive to achieve the quality and safety of the entire agricultural product chain
Agricultural products (000061.SZ): The built Shennong farm establishes a cooperative relationship with a base of about 380,000 mu across the country
On November 24, 2023, Gelonghui Agricultural Products (000061.SZ) was surveyed by specific targets on November 21, 2023. Regarding “the construction and development of the company's Shennong farm”, the company replied that on the upstream planting side, the Shennong farm built by the company established an agreement and cooperative relationship with a base of about 380,000 mu across the country to cultivate advantageous varieties and products in Zhaoqing, Hainan, Danzhou, Sichuan, etc., to drive large-scale cultivation in the surrounding area, and carry out production and marketing matchmaking services.
Has Shenzhen Agricultural Products Group Co., Ltd.'s (SZSE:000061) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Shenzhen Agricultural Products Group's (SZSE:000061) stock is up by a considerable 7.5% over the past month. As most would know, fundamentals are what usually guide market price movements over the l
Agricultural products (000061.SZ) plans to increase capital by no more than 2 billion yuan, controlling shareholder Shenzhen Agricultural Investment plans to subscribe for 1.3 billion yuan
Agricultural Products (000061.SZ) disclosed plans to issue A-shares to specific targets in 2023. This time, to specific targets...
Agricultural products (000061.SZ): We are actively exploring and expanding business growth and building a more complete food distribution system
On November 16, Gelonghui Agricultural Products (000061.SZ) stated at an investor relations event that the scale of the company's food distribution business in Shennong Kitchen and various markets continues to increase. At the same time, the company is actively exploring and expanding business growth, building a more complete food distribution system, and providing schools, institutions, enterprises, institutions and a wider range of consumers with rich, diverse, green and safe ingredients. In the future, if important matters involve the company, the company will promptly fulfill its obligation to disclose information in accordance with the relevant regulations of the Shenzhen Stock Exchange.
Agricultural products (000061.SZ): Having been deeply involved in the agricultural products wholesale market for 34 years, gross margin is stable and improving
On November 14, Gelonghui Agricultural Products (000061.SZ) recently stated during a survey from institutional investors that the company has been deeply involved in the agricultural products wholesale market for 34 years, and gross margin is stable and improving; the industrial chain sector business is in a period of expansion. When the business volume does not reach a certain scale, the gross margin is low compared to the gross margin of the agricultural products wholesale market business.
Agricultural products (000061.SZ): The income structure of the company's agricultural products wholesale market is mainly rent, etc.
On November 14, Gelonghui Agricultural Products (000061.SZ) recently stated during a survey from institutional investors that the revenue structure of the company's agricultural products wholesale market is mainly rent, management fees, commissions, and parking fees. The rent in the market is a “market-based” pricing model. The rent level is linked to the economic development, consumption capacity, and business conditions of the market in the region where the market is located, and is affected by the competitive situation in the local market. The rental period ranges from one year, three to five years, or more. The rent adjustment will take into account factors such as the operating conditions of the market and the level of economic development of the region in which it is located.
Agricultural products (000061.SZ): The investment layout of the company's new projects will comprehensively consider various factors such as strategic direction
On November 14, Gelonghui Agricultural Products (000061.SZ) recently stated during a survey from institutional investors that the agricultural products wholesale market focuses on asset investment, and the development, construction, and operation cycles of projects are long. Most projects adopt a rolling development model to expand the variety and enrich the business format depending on factors such as the operation situation and strategic positioning of the first phase of the project. At the same time, the investment layout of the company's new project will comprehensively consider various factors such as strategic direction, urban security and supply, government planning, etc., to give full play to the role of a “ballast stone” and “stabilizer” for urban livelihood insurance and supply, and further enhance the happiness of consumers on the tip of their tongue.
Agricultural products (000061.SZ): Net profit for the third quarter was 996.884,800 yuan, up 1402.67% year on year
On October 27, Glonghui Agricultural Products (000061.SZ) announced its report for the third quarter of 2023. Operating income for the reporting period was 1,375 billion yuan, up 38.04% year on year; net profit attributable to shareholders of listed companies was 996.8848 million yuan, up 1402.67% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 86.304 million yuan, up 512.86% year on year; basic earnings per share was 0.0587 yuan.
Even Though Shenzhen Agricultural Products Group (SZSE:000061) Has Lost CN¥611m Market Cap in Last 7 Days, Shareholders Are Still up 68% Over 5 Years
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And while active stock picking involves risks (and requires diver
Agricultural Products (000061.SZ) signed an agreement relating to compensation for the renovation and relocation of the Longhui Garden Meat and Vegetable Market
Agricultural Products (000061.SZ) announced that in December 2001, the company purchased first-floor meat dishes in Building 19, Longhui Garden...
The Return Trends At Shenzhen Agricultural Products Group (SZSE:000061) Look Promising
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an e
Agricultural products (000061.SZ): Net profit increased by 41.33% in the first half of the year to 192 million yuan
Glonghui, August 28: Agricultural Products (000061.SZ) announced its 2023 semi-annual report. Operating income for the reporting period was 2,677 billion yuan, up 42.69% year on year; net profit attributable to shareholders of listed companies was 192 million yuan, up 41.33% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 169.9 million yuan, up 56.17% year on year; basic earnings per share were 0.1133 yuan.
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