Yue Yuen Industrial (Holdings)'s (HKG:551) Conservative Accounting Might Explain Soft Earnings

Yue Yuen Industrial (Holdings) Limited's (HKG:551) stock was strong despite it releasing a soft earnings report last week. Our analysis suggests that investors may have noticed some promising signs b

Simply Wall StMay 3 20:40 ET

YUE YUEN INDL HLDG To Go Ex-Dividend On May 31st, 2024 With 0.44772 USD Dividend Per Share

May 4th - $YUE YUEN INDL HLDG(YUEIY.US)$ is trading ex-dividend on May 31st, 2024. Shareholders of record on May 31st, 2024 will receive 0.44772 USD dividend per share on July 8th, 2024. The ex-di

moomoo NewsMay 3 19:40 ET

Net profit increased by 100% in Q1. Is there “mixed feelings” behind the low base effect of Yuyuan Group (00551)?

Since March, a sneaker foundry giant has quietly shown impressive gains. In less than 2 months, Yuyuan Group (00551) has risen from around HK$8 to over HK$14, an increase of nearly 200%, which has attracted a lot of attention from market capital. According to the news, Yuyuan Group recently announced that profit attributable to company owners will increase by about 95% to 100% year-on-year in the first quarter of 2024, compared to 50.8 million US dollars for the same period last year. The company pointed out that the increase in performance was mainly due to the gradual recovery of the global footwear industry and the normalization of orders, which led to an increase in capacity utilization and production efficiency, as well as a decrease

Zhitong FinanceApr 29 07:31 ET

Why Investors Shouldn't Be Surprised By Yue Yuen Industrial (Holdings) Limited's (HKG:551) 31% Share Price Surge

Despite an already strong run, Yue Yuen Industrial (Holdings) Limited (HKG:551) shares have been powering on, with a gain of 31% in the last thirty days. Looking further back, the 22% rise over the

Simply Wall StApr 28 20:30 ET

Yue Yuen Industrial (Holdings) (HKG:551) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usu

Simply Wall StApr 27 20:19 ET

Citibank: Reiterates Yuyuan Group's “Buy” Rating Target Price Raised to HK$16.5

Citi released a research report stating that it reaffirmed the “buy” rating of Yuyuan Group (00551), raised the net profit forecast for the 2024-2026 fiscal year by 20% to 22%, and raised the target price from HK$12.5 to HK$16.5 because the gross margin of the manufacturing business beat expectations. Taking into account the proceeds of a single sale, the Group's net profit for the first quarter is expected to rise 95% to 100% year-on-year under a low base. The bank believes it won expectations. The bank pointed out that the retail business of the Yuyuan Group is still under pressure. It is expected that with consumption downgraded and purchasing power affected by the weak real estate market, retail business revenue will increase slightly this year. tubes

新浪港股Apr 26 00:07 ET