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Why We're Not Concerned About Henan Tong-Da Cable Co., Ltd.'s (SZSE:002560) Share Price
Henan Tong-Da Cable Co., Ltd.'s (SZSE:002560) price-to-earnings (or "P/E") ratio of 46.4x might make it look like a strong sell right now compared to the market in China, where around half of the comp
Tongda Co., Ltd. (002560.SZ): The automotive high-voltage cable and vehicle cable business for new energy vehicles has obtained supply qualifications from some OEMs
Gelonghui, May 16, 丨 Tongda Co., Ltd. (002560.SZ) was surveyed by a specific target on May 15, 2024. “What is the current layout of the company in terms of automotive high-voltage cables and charging pile cables? What are the new developments in the future market business?” The company replied that the company's automotive high-voltage cable and vehicle cable business has obtained supply qualifications from some OEMs, and that some products have been delivered in batches; the heads of DC and AC charging pile cable products for new energy vehicles have been successfully crimped.
Tongda Co., Ltd. (002560.SZ) won the pre-bid for procurement projects related to the State Grid with a total value of 157.6 million yuan
Tongda Co., Ltd. (002560.SZ) issued an announcement. The State Grid Corporation e-commerce platform (https:...
Tongda Co., Ltd. (002560.SZ): Net profit of 14.53 million yuan in the first quarter decreased by 58.06% year-on-year
On April 26, GLONGHUI Co., Ltd. (002560.SZ) released its first quarter report. Operating revenue was 1,057 million yuan, down 12.07% year on year, net profit of 14.53 million yuan, down 58.06% year on year. After deducting non-net profit of 1.2 million yuan, a year-on-year decrease of 65.77%, with basic earnings per share of 0.0300 yuan.
Tongda Co., Ltd. (002560.SZ): Net profit for the first quarter fell 49.76%-62.32%
Gelonghui, April 12 | Tongda Co., Ltd. (002560.SZ) announced its results forecast for the first quarter of 2024. Net profit attributable to shareholders of listed companies during the reporting period was 13.0584 million yuan - 17.412 million yuan, down 49.76%-62.32% from the same period last year; net profit after deducting non-recurring profit and loss was 10.7546 million yuan - 14.3395 million yuan, down 59.25% - 69.44% from the same period last year; basic profit per share was 0.0248 yuan/share - 33.01 yuan/share. During the reporting period, the company's wire and cable business took over
There May Be Reason For Hope In Henan Tong-Da Cable's (SZSE:002560) Disappointing Earnings
Shareholders appeared unconcerned with Henan Tong-Da Cable Co., Ltd.'s (SZSE:002560) lackluster earnings report last week. Our analysis suggests that while the profits are soft, the foundations of th
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