Guangdong Guangzhou Daily Media (002181.SZ): Received the administrative regulatory measures decision letter from Guangdong Securities Regulatory Bureau.
On June 19, Gelonhui reported that Guangdong Guangzhou Daily Media Co., Ltd. (002181.SZ) received an administrative regulatory measure decision issued by the Guangdong Securities Regulatory Bureau (referred to as the "Guangdong Securities Regulatory Bureau") - "Decision on Issuing a Warning Letter to Guangdong Guangzhou Daily Media Co., Ltd." On April 9, 2024, the company issued an announcement on the correction and retrospective adjustment of prior accounting errors, correcting the accounting errors in long-term equity investment accounting. Before the correction, the total assets and total equity of the 2022 annual consolidated balance sheet were overstated by 21,712.0.
Guangdong Media (002181.SZ): Net loss of 13.3828 million yuan in the first quarter
Gelonghui, April 29 | Guangdong Media (002181.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 111 million yuan, up 8.82% year on year; net profit attributable to shareholders of listed companies - 13.3828 million yuan, an increase of year-on-year losses; 48.50% net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 13.9093 million yuan; basic earnings per share - 0.0115 yuan.
Guangdong Media (002181.SZ): Financial director changed to Liu Xiaomei
Gelonghui, April 23 | Guangdong Media (002181.SZ) announced that the board of directors of the company received a written resignation report from Mr. Liu Xiaoke, the company's deputy general manager and financial director. Due to personal reasons, Mr. Liu Xiaoke applied to resign as the company's deputy general manager and financial director. After his resignation, Mr. Liu Xiaoke no longer held any position in the company. The above resignation report takes effect on the date it is submitted to the company's board of directors. On April 23, 2024, the company held the 23rd meeting of the 11th board of directors to review and pass the “Proposal on the Appointment of the Company's Chief Financial Officer”, and agreed to appoint Ms. Liu Xiaomei as the company's financial director for a term of office
Guangdong Media (002181.SZ): Net profit for 2023 fell 78.28% to 8.362 million yuan, and plans to distribute 10 0.54 yuan
Gelonghui, April 9 | Guangdong Media (002181.SZ) announced the 2023 annual report. In 2023, the company achieved operating income of 559 million yuan, an increase of 2.33%; net profit attributable to shareholders of listed companies was 8.362 million yuan, a year-on-year decrease of 78.28%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses - 13.1742 million yuan; basic income per share was 0.0072 yuan; it plans to distribute a cash dividend of 0.54 yuan (tax included) for every 10 shares to all shareholders.
Is Guangdong Guangzhou Daily Media (SZSE:002181) Weighed On By Its Debt Load?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Guangdong Media (002181.SZ): Participating company Huamei Sanitary Ware plans to gradually stop production from March 2024
Gelonghui, Feb. 5, Guangdong Media (002181.SZ) announced that the company recently received a notice from the participating company Huamei Sanitary Ware Co., Ltd. (hereinafter referred to as “Huamei Sanitary Ware”). Huamei Sanitary Ware plans to gradually stop production from March 2024, and the exact date of discontinuation of production is uncertain.
Guangdong Media (002181.SZ): 2023 net profit pre-reduced by 50.39%-66.18%
Gelonghui, January 30 | Guangdong Media (002181.SZ) announced the 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 15.00 million yuan to 22.0 million yuan, down 50.39% — 66.18% from the same period last year; net profit loss after deducting non-recurring profit and loss was 3.0 million yuan to 10.00 million yuan, profit of 9.352 million yuan for the same period last year; basic profit per share was 0.0129 yuan/share — 0.0189 yuan/share. Results for the reporting period are expected to decline year-on-year, mainly due to the combined effects of the following factors:
Unpleasant Surprises Could Be In Store For Guangdong Guangzhou Daily Media Co., Ltd.'s (SZSE:002181) Shares
When close to half the companies in the Media industry in China have price-to-sales ratios (or "P/S") below 2.7x, you may consider Guangdong Guangzhou Daily Media Co., Ltd. (SZSE:002181) as a stock to
Guangzhou Daily Media to Auction Off 32% Stake in Sanitary Ware Producer
Guangdong Guangzhou Daily Media (SHE:002181) plans to publicly list its 32.4% stake in a local sanitary ware producer, seeking at least 55.2 million yuan. The sale of the stake in Huamei Sanitary Ware
Guangdong Media (002181.SZ): Proposed listing to transfer 32.42% of Huamei Sanitary Ware's shares
Gelonghui, January 15 | Guangdong Media (002181.SZ) announced that it intends to sell 32.42% of the shares of the participating company Huamei Sanitary Ware Co., Ltd. (“Huamei Sanitary Ware”) in the Southern Joint Property Exchange through a public listing transaction. The initial listing price is 55.2463 million yuan, and there is some uncertainty about the transaction results.
[BT Financial Report Momentary Analysis] Guangdong Media's 2023 Quarterly Report: Financial Performance and Challenges Under Diversified Business Development
Guangdong Media (stock code: 002181), as the only newspaper media group listed company in Guangdong Province as an overall operating business, has stabilized its position on the Shenzhen Stock Exchange. The company's business covers a wide range of activities, including integrated marketing communications, printing, media management and property management. The 2023 three-quarter report shows that while continuing to consolidate its advantages in the field of traditional media, Guangdong Media is also actively expanding the new media and cultural industry. Judging from the balance and liability situation, Guangdong Media's total assets fell slightly from 5.554 billion yuan at the end of the previous year to 5.515 billion yuan, and the total liabilities also declined, from 1,064 billion yuan
Guangdong Media (002181.SZ): Some fund-raising projects have been completed and savings will be raised to permanently supplement working capital
On December 29, Ge Longhui Media (002181.SZ) announced that the company held the 5th meeting of the 11th board of directors and the 2nd Extraordinary General Meeting of Shareholders in 2022 on November 4, 2022 and November 22, 2022, respectively, to review and pass the “Proposal on Changing Some of the Company's Fund-raising Projects and Permanently Supplementing Working Capital with Remaining Funds Raised”. According to the actual progress of the company's fundraising project and changes in the market environment, the “commercial printing expansion technology transformation project” of the company's initial public offering of shares was changed to a “commercial printing equipment upgrade project” with an investment amount of 3790
Guangdong Media (002181.SZ): Guangbo Cultural Control plans to establish joint ventures with related parties
Gelonghui, December 28 | Guangdong Media (002181.SZ) announced that, based on the strategic planning and business development of Guangdong Guangzhou Daily Media Co., Ltd., to achieve the company's goal of transformation into a “cultural and creative industry ecological investment operator”, Guangbao Cultural Industry Holdings (Guangzhou) Co., Ltd. (“Guangbo Cultural Control”), a wholly-owned subsidiary of the company, plans to invest 51 million yuan as the controlling shareholder to jointly establish Guangzhou Dayang Industrial Investment Co., Ltd. (“Dayang Industrial” for short) and Guangzhou Guangbao Industrial Development Co., Ltd. (“Guangbao Industrial”) Guangbao Industrial Park Investment Co., Ltd. (tentative name,
Guangdong Media (002181.SZ): The subsidiary Guangzhou Daily Newspaper Management Co., Ltd. holds the “Radio and Television Program Production and Operation License”
Gelonghui November 28 | Guangdong Media (002181.SZ) stated on the investor interactive platform that Guangzhou Daily Newspaper Management Co., Ltd., a wholly-owned subsidiary of the company, holds a “Radio and Television Program Production and Operation License”.
Guangdong Media (002181.SZ): No overseas business involved at this stage
Gelonghui November 28: Some investors asked Guangdong Media (002181.SZ) on the investor interactive platform, “What kind of overseas business does the company have?” The company replied that the company is not involved in overseas business at this stage.
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Guangdong Media (002181.SZ): Currently, the company has not built a data center
Gelonghui November 13丨Guangdong Media (002181.SZ) stated on the investor interactive platform that the company has not built a data center at present.
Guangdong Guangzhou Daily Media (SZSE:002181) Is Making Moderate Use Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to rui
Guangdong Media (002181.SZ): Net loss of 1,238,500 yuan in the third quarter
On October 30, Guangdong Media (002181.SZ) announced its report for the third quarter of 2023. Operating income for the reporting period was 134 million yuan, up 1.99% year on year; net profit attributable to shareholders of listed companies was -1,2385 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was -3,43771 million yuan; basic earnings per share was -0.0011 yuan.
Guangzhou Daily Ordered to Pay 7.5 Million Yuan to Investors Over Securities Fraud
Guangdong Guangzhou Daily Media (SHE:002181) has been ordered to pay 7.49 million yuan to investors that sued the company over securities fraud, according to a filing on Friday. The Chinese newspaper
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