Do Gree Electric Appliances of Zhuhai's (SZSE:000651) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall S

Simply Wall StMay 21 20:56 ET

Despite Delivering Investors Losses of 13% Over the Past 3 Years, Gree Electric Appliances of Zhuhai (SZSE:000651) Has Been Growing Its Earnings

While it may not be enough for some shareholders, we think it is good to see the Gree Electric Appliances, Inc. of Zhuhai (SZSE:000651) share price up 19% in a single quarter. If you look at the la

Simply Wall StMay 1 18:29 ET

Gree Electric Appliances' Profit Climbs 14%, Revenue Rises 3% in Q1 2024; Shares Up 4%

Gree Electric Appliances (SHE:000651) recorded an attributable net profit of 4.68 billion yuan in the first quarter of the year, up 13.8% from 4.11 billion yuan a year earlier, the company said in its

MT NewswiresApr 30 00:37 ET

Gree Electric (000651.SZ) announced first-quarter results, net profit of 4.675 billion yuan, an increase of 13.77%

Gree Electric (000651.SZ) released its report for the first quarter of 2024. The company's revenue was 363...

Zhitong FinanceApr 29 14:52 ET

League of Nations Securities: Domestic sales of home appliances in 24 years ushered in a major cycle of renewal, recommending high-quality, high-dividend white batteries

The Zhitong Finance App learned that Guolian Securities released a research report saying that since March, channel regions have successively implemented relevant plans, and Gree, the leading manufacturer, took the lead in responding, exchanging the volume for a new one and then amplifying the volume. In the dominant phase of renewal, price discounts are flexible. Although they are not comparable to going to the countryside for home appliances, the icing on the cake can be expected. Domestic and external demand in the sector has shown steady performance since the beginning of the year, and dividend valuations still have an advantage. Active layout is recommended; we recommend Baeden leaders Midea (000333.SZ), Gree (000651.SZ), and Haier (600690.SH), which benefit from the trade-in policy and have high dividends. The main views of Guolian Securities are as follows: in the past

Zhitong FinanceApr 29 01:59 ET

An overlooked dark horse racetrack

Why the surge?

Gelonghui FinanceApr 23 06:51 ET