01836 STELLA HOLDINGSWatchlist
STELLA HOLDINGS News
An Intrinsic Calculation For Stella International Holdings Limited (HKG:1836) Suggests It's 28% Undervalued
Key Insights Using the Dividend Discount Model, Stella International Holdings fair value estimate is HK$13.11 Current share price of HK$9.40 suggests Stella International Holdings is potentially 28%
Citi: Maintaining the “buy” rating of Jiuxing Holdings, the target price was raised to HK$11.7
According to a research report published by Citi, it believes that the 10% dividend rate of Jiuxing is an attractive level and maintains the “buy” rating of Jiuxing Holdings (01836). The target price was raised from HK$9.8 to HK$11.7, and the profit forecast for the period 2023-25 increased by 16.5%/17%/18%, reflecting a compound annual growth rate of 14.8%. According to the report, the company's management pointed out during the investor conference that moving the leisure product production line from Vietnam to Indonesia makes room for the production of high-end products, while Indonesia's production costs are lower, which will help improve profit margins; although the average selling price and profit margin of sporting goods are low, the high-end product list
Changes in Hong Kong stocks | Jiuxing Holdings (01836) rose nearly 7% in the afternoon, and Daiwa said short-term profit prospects were strong, and the 11% dividend rate was attractive
The Zhitong Finance app learned that Jiuxing Holdings (01836) rose nearly 7% in the afternoon. As of press release, it had risen 6.73% to HK$9.52, with a turnover of HK$11.4637 million. According to the news, Jiuxing Holdings previously announced that in the third quarter of 2023, the Group's unaudited consolidated revenue fell by about 15.9% to US$387.2 million, mainly dragged down by an 18.7% drop in sales, partly offset by a 2% increase in average sales price. Management is very confident that the annual shipment will reach 48 million pairs and the operating profit margin will reach 10%. Daiwa released a research report stating that it reiterated the “buy” rating of Jiuxing Holdings and recognized it
Yamato: Reiterates that Jiuxing Holdings' purchase rating target price was raised to HK$12.9
Yamato released a research report stating that it reaffirmed the “buy” rating of Jiuxing Holdings (01836), believing that its short-term profit prospects are strong and that the 11% dividend rate is attractive. The profit forecast for 2023 was raised by 4.2% to US$131.4 million to reflect higher average sales price expectations. The 2024 forecast was US$144.5 million. In much the same way as the previous forecast, the target price was raised by 2% from HK$12.6 to HK$12.9. The company's third-quarter revenue fell 15.9% year on year to US$387 million, dragged down by an 18.7% drop in sales volume, partly offset by a 2% increase in average sales price. Management's annual shipments reached 48
[Brokers Focus] Daiwa reaffirms that Jiuxing Holdings (01836)'s “buy” rating target price increased slightly by 2% to HK$12.9
Jinwu Financial News | According to the Daiwa Research and Development Report, the third-quarter revenue of Jiuxing Holdings (01836) fell 15.9% year-on-year to US$387 million, dragged down by an 18.7% drop in sales volume, partially offset by a 2% increase in average sales price. Management is very confident that annual shipments of 48 million pairs will reach 48 million pairs and operating profit margin of 10%. The bank raised the company's profit forecast for 2023 by 4.2% to $131.4 million to reflect higher average sales price expectations. The 2024 forecast was $144.5 million, which is roughly the same as the previous forecast. The bank reiterated its “buy” rating, believing that the company's short-term profit prospects are strong, 11
Stella International Logs Near 16% Drop in Q3 Revenue
Stella International Holdings (HKG:1836) said group-wide consolidated revenue declined 15.9% year-on-year during the quarter through September, to some $387.2 million, from $460.5 million a year ago.
Jiuxing Holdings (01836.HK): Comprehensive revenue for the third quarter fell 15.9% to US$387 million
GLONGHUI, October 19丨Jiuxing Holdings (01836.HK) announced that in the third quarter of 2023, the Group's unaudited comprehensive revenue fell by about 15.9% to US$387.2 million (same period 2022: US$460.5 million). For the nine months ended September 30, 2023, the Group's unaudited consolidated revenue fell by approximately 14.3% to US$1,103.2 million (same period 2023: US$1,287.7 billion).
Damo: Lowering the target prices of Yuyuan Group and Jiuxing Holdings, and market fluctuations affect investment sentiment
Morgan Stanley released a research report saying that the profit forecasts and target prices of Yuyuan Group (00551) and Jiuxing Holdings (01836) have been adjusted to reflect the fluctuating market, influencing the investment sentiment in footwear for business and commerce, and the bank's preference order for this sector. Among them, Jiuxing is still preferred. It believes that the company's involvement in the fashion and luxury footwear categories is less affected by the current industry's de-inventory cycle for sports and casual footwear. The bank believes that the diversification of Jiuxing's customer portfolio, including emerging brands such as Hoka, will help the company increase revenue and profits compared to other industrial and commercial agents. The bank generally maintained its interest in Jiuxing this year
STELLA HOLDINGS: Interim Report 2023
STELLA INTL HLDG To Go Ex-Dividend On September 6th, 2023 With 0.53595 USD Dividend Per Share
August 23rd - $STELLA INTL HLDG(SLNLY.US)$ is trading ex-dividend on September 6th, 2023. Shareholders of record on September 7th, 2023 will receive 0.53595 USD dividend per share on October 10th,
Jiu Hing Holdings (01836) will pay an interim dividend of HK$0.42 per share on September 22
Jiuxing Holdings (01836) announced that the company will distribute on September 22, 2023 6...
Stella International Holdings Trims Dividend as H1 Profit Falls, Beats Estimates
Stella International Holdings' (HKG:1836) attributable profit fell to $55.7 million, or $0.07 per share, in the first half, from $60.5 million, or $0.076 per share, in the year-ago period, a Thursday
STELLA HOLDINGS To Go Ex-Dividend On September 6th, 2023 With 0.42 HKD Dividend Per Share
August 18th - $STELLA HOLDINGS(01836.HK)$ is trading ex-dividend on September 6th, 2023. Shareholders of record on September 7th, 2023 will receive 0.42 HKD dividend per share on September 22nd, 2
Jiuxing Holdings (01836) announced interim results. Profit attributable to shareholders was 557.18 million US dollars, a year-on-year decrease of 7.98%, and an interim interest rate of 42 HK cents per share
According to the Zhitong Finance App, Jiuxing Holdings (01836) announced the results for the six months ended June 30, 2023. The group achieved revenue of US$716 million, a year-on-year decrease of 13.43%; profit attributable to owners of the parent company was US$557.18 million, a year-on-year decrease of 7.98%; profit of 7 US cents per share, and plans to pay an interim dividend of HK42 HK cents per share. Net profit has also been included in the public market value of financial instruments relating to investments in Lanvin Group Holdings Limited (Lanvin Group) currently listed on the New York Stock Exchange
STELLA HOLDINGS: Interim Results for the Six Months ended 30 June 2023
Selected Announcements | China Ping An's original premium income in the first half of the year increased 7.18% year on year to 459.8 billion yuan; Shandong Gold's medium-term net profit is expected to increase by about 40% to 70% year on year
Kowloon Warehouse Real Estate Yingxi: It is expected to change from loss to profit in the medium term; Tianqi Lithium plans to spend 150 million US dollars to participate in SM's Series A equity financing; Express Sales released third quarter results. Revenue increased 21.4% year over year, and profit due to shareholders increased 0.3% year over year.
Stella Holdings Bags RM91 Mil Sub-contract for Apartment Project in Penang
Stella Holdings Bhd said its unit has won a RM91.36 million sub-contract for a medium-cost apartment project undertaken by the Penang State Islamic Religious Council in the Seberang Perai Tengah district.
Jiuxing Holdings (01836.HK) will hold a board meeting on August 17 to approve interim results
Glonway, July 13丨Jiuxing Holdings (01836.HK) announced that the company will hold a board meeting on August 17, 2023 to consider and approve (including) the interim results of the company and its subsidiaries for the six months ended June 30, 2023, and consider the payment of interim dividends (if any).
STELLA HOLDINGS: Notice of Board Meeting
Stella International Posts 26% Drop in Q1 Revenue
07:30 AM EDT, 04/20/2023 (MT Newswires) -- Stella International Holdings (HKG:1836) reported an unaudited consolidated revenue of $284.6 million in the first quarter, down 25.8% from $383.3 million in