Hunan Development Group Co., Ltd.'s (SZSE:000722) Stock Is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Hunan Development Group (SZSE:000722) has had a great run on the share market with its stock up by a significant 42% over the last three months. But the company's key financial indicators appear to

Simply Wall StMay 13 22:18 ET

Hunan Development (000722.SZ): Net profit of 257.593 million yuan in the first quarter increased 571.42% year-on-year

Gelonghui, April 26 | Hunan Development (000722.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 84.9444 million yuan, up 44.82% year on year; net profit attributable to shareholders of listed companies was 257.593 million yuan, up 571.42% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 238.28 million yuan; basic earnings per share were 0.06 yuan.

Gelonghui FinanceApr 26 04:38 ET

Hunan Development (000722.SZ): It is proposed to establish a new energy source for the development of elementary and junior high schools in Hunan

Gelonghui, April 16 | Hunan Development (000722.SZ) announced that according to the company's strategic planning and business development needs, the company plans to use its own capital to invest in the establishment of a wholly-owned subsidiary Hunan Development Xiaochu Renewable Energy Co., Ltd. (tentative name) in Hengdong County, Hengyang City, Hunan Province to coordinate the development of new energy projects in the region. The registered capital is RMB 10 million, and the company plans to hold 100% of the shares.

Gelonghui FinanceApr 16 04:28 ET

Hunan Development (000722.SZ): Net profit for the first quarter increased by 499.50%-629.83%

Gelonghui, April 10 | Hunan Development (000722.SZ) announced the results forecast for the first quarter of 2024. Net profit profit attributable to shareholders of listed companies during the reporting period was 23 million yuan to 28 million yuan, an increase of 499.50%-629.83% over the same period last year; net profit after deducting non-recurring profit and loss of 21 million yuan to 26 million yuan. After adjustments for the same period last year, it was a loss of 2,113,800 yuan; basic earnings per share were 0.05 yuan/share - 0.06 yuan/share. During the reporting period, the upstream incoming water from the company's hydropower station was off

Gelonghui FinanceApr 10 06:14 ET

Some Investors May Be Willing To Look Past Hunan Development Group's (SZSE:000722) Soft Earnings

Hunan Development Group Co., Ltd.'s (SZSE:000722) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed strength. Our analysis suggests that investors may have not

Simply Wall StApr 9 18:51 ET

Hunan Development (000722.SZ): As of March 29, 2024, the total number of shareholders of the company was 59,251

Gelonghui, April 3 | Hunan Development (000722.SZ) said on the investor interactive platform that as of March 29, 2024, the total number of shareholders of the company was 59,251.

Gelonghui FinanceApr 3 03:01 ET