JS Global Lifestyle's 2023 Profit, Revenue Fall
JS Global Lifestyle's (HKG:1691) attributable profit fell to $131.7 million, or $0.038 per share, in 2023 from $332.3 million, or $0.096 per share, in 2022, according to the company's annual report fi
Home appliance stocks rose, Haier Smart Home (06690) rose 7.56%, and Midea Group once again submitted the report. The agency indicated that the valuation system of domestic home appliance companies is expected to be on par with leading overseas companies
Jinwu Financial News | Midea Group once again submitted to the Hong Kong Stock Exchange, driving the collective rise of home appliance stocks. Haier Smart Home (06690) rose 7.56%, JS Global Life (01691) rose 7.33%, Hisense Home Appliances (00921) rose 4.38%, Skyworth Group (00751) rose 2.2%, and TCL Electronics (01070) rose nearly 1%. According to the Hong Kong Stock Exchange's disclosure on April 29, Midea Group submitted a listing application to the main board of the Hong Kong Stock Exchange, with CICC and Bank of America as co-sponsors. The company submitted the statement on October 24, 2023. Huafu Securities said that with durable goods dominated by the US market
JS環球生活:2023年度報告
JS Global Life (01691) subsidiary signs debt transfer agreement with SharkNinja Operating
Zhitong Finance App News, JS Global Life (01691) issued an announcement. On April 26, 2024, SharkNinja Operating (transferor) signed a debt transfer agreement with JS Global Trading (transferee), an indirect wholly-owned subsidiary of the company. SharkNinja Operating agreed to the transfer, while JS Global Trading agreed to transfer the claims under the distribution agreement. The completion of the transfer will enable the Group to recover the outstanding amount in the foreseeable future, thereby creating uncertainties relating to the claim
JS Global Life: Joyang's net profit of 130 million yuan in the first quarter increased 7.06% year over year
JS Global Life (01691) announced that the company's subsidiary (Joyang) (002242.SZ) obtained operating income of RMB 2,065 billion (same unit) for the three months ended March 31, 2024, an increase of 9.15%; net profit attributable to Joyang shareholders of 130 million yuan, an increase of 7.06% year on year; and basic earnings per share of 0.17 yuan.
JS Global Life (01691): Joyang (002242.SZ)'s net profit for the first quarter was 130 million yuan, up 7.06% year-on-year
JS Global Life (01691) issued an announcement that the company's subsidiary (Joyang) (002242.SZ)...
JS環球生活:有關九陽股份有限公司截至2024年3月31日止三個月的第一季度報告的公告
Hong Kong Stock Concept Tracking | Home Appliance Export Order Growth Rate Highlights, Agencies Optimistic About Opportunities for Leading Exporters (with Concept Stocks)
According to customs data, the cumulative export sales volume of small electric heaters, electric appliances, and vacuum cleaners was +21%/+25% year-on-year, respectively, and sales increased +25%/+41%/+37% year-on-year respectively; driven by factors such as steady improvement in overseas demand and pre-order replenishment due to anticipated changes in freight and tariffs, the export boom was excellent. Domestic sales of all small home appliance brands showed an inflection point in the first quarter. In Q1, Midea's traditional e-commerce sales were +13%/-2%/+0%/+3%/+2%, respectively. Among them, Midea's small home appliances were in the improvement phase, leading the growth rate
JS Global Lifestyle Arm to Make Appliances Worth $220 Million for SharkNinja This Year
JS Global Lifestyle's (HKG:1691) indirect, non-wholly owned subsidiary Joyung (SHE:002242) will manufacture cooking appliances, food preparation appliances and floorcare products worth $220 million fo
JS Global Lifestyle Company Limited (HKG:1691) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
With its stock down 16% over the past three months, it is easy to disregard JS Global Lifestyle (HKG:1691). However, stock prices are usually driven by a company's financial performance over the lon
JS GLOBAL LIFE: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023
JS GLOBAL LIFE: DATE OF BOARD MEETING
Hong Kong Stock Concept Tracking | The National Standing Committee will promote a new round of “trade-in” upgrades to drive home appliance consumption upgrades (with concept stocks)
On March 1, the National Standing Committee reviewed and approved the “Action Plan to Promote Large-scale Equipment Renewal and Consumer Goods Trade-In”, which states that a new round of large-scale equipment renewal and consumer goods trade-in should be promoted, and that the trade-in of consumer goods such as automobiles and home appliances will be actively carried out to form a large-scale effect of upgrading.
JS Global Lifestyle Expects 37% Dip in Profit Owing to Higher Costs, One-off Fee
Js Global Lifestyle Company (HKG:1691) expects $70 million in profit from continuing operations for the full year 2023, a decline of approximately 37% from $111.5 million from the previous year. The C
Changes in Hong Kong stocks | TCL Electronics (01070) is now up more than 7%, leading the way in home appliance stocks, the potential for home appliance renewal is huge, and trade-in is expected to be implemented nationwide
Home appliance stocks rose collectively in early trading. As of press time, TCL Electronics (01070) rose 7.3% to HK$2.94; Skyworth Group (00751) rose 5.7% to HK$2.78; Hisense Home Appliances (00921) rose 4.55% to HK$23; and JS Global Life (01691) rose 2.76% to HK$1.49.
Are Investors Undervaluing JS Global Lifestyle Company Limited (HKG:1691) By 44%?
Key Insights JS Global Lifestyle's estimated fair value is HK$2.74 based on 2 Stage Free Cash Flow to Equity Current share price of HK$1.55 suggests JS Global Lifestyle is potentially 44% undervalue
Hong Kong Stock Concept Tracking | Smart Home Appliances and Electronic Products Become New Year's Products, Smart Home Market Demand Is Gradually Picking Up (with Concept Stocks)
The Spring Festival is approaching, and the home appliance market has ushered in a peak sales season. The market has ushered in a “new trend”, and smart home appliances and electronic products have become the new favorites of New Year's goods.
JS Global Lifestyle Obtains $100 Million Loan Facility
JS Global Lifestyle (HKG:1691) borrowed $100 million under a loan facility with a 364-day term, a Thursday filing said. Under the facility agreement, the total commitment under the facility will be ca
JS Global Life (01691.HK) was granted US$100 million loan financing
Gelonghui, Feb. 1 | JS Global Life (01691.HK) announced that on January 31, 2024, the company (as a borrower) and the bank (as arranger and agent) entered into a financing agreement for a loan of US$100 million.
Joyoung Transfers Patents of Soybean Appliances to Jiuyang Bean Industry
Joyoung (SHE:002242) and subsidiary Hangzhou Joyoung Household Electric Appliances transferred patents of four appliances to Jiuyang Bean Industry for 158,800 yuan, a Wednesday filing said. The produc
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