02313 SHENZHOU INTL
- 82.150
- -0.850-1.02%
SHENZHOU INTL News
[Broker Focus] Northeast Securities first purchased by Shenzhou International (02313)” rating indicates that its production capacity expansion is expected to rise sharply in volume and price to drive performance growth
Jinwu Financial News | According to Northeast Securities Research, Shenzhou International (02313)'s revenue in 2023 fell 10.1% year on year to 24.97 billion yuan, and net profit to mother fell 0.1% year on year to 4.56 billion yuan. In the second half of 2023, the company's revenue also fell 5.5% to 13.4 billion yuan. The decline was significantly narrower than -15% in the first half of the year. According to the bank, the company's share of garment output in overseas factories increased by 7 pct to 53% year on year in 2023. With the improvement of Cambodian factory efficiency and employee recruitment, the share of ready-to-wear output increased by 4 pct to 26% year on year. The proportion of people in overseas factories increased by 5p over the same period last year
The Recent 5.6% Gain Must Have Brightened Top Key Executive Jianrong Ma's Week, Shenzhou International Group Holdings Limited's (HKG:2313) Most Bullish Insider
Key Insights Insiders appear to have a vested interest in Shenzhou International Group Holdings' growth, as seen by their sizeable ownership The top 3 shareholders own 51% of the company Institut
[Broker Focus] Dongxing Securities maintains Shenzhou International's (02313) “Highly Recommended” rating and continues to be optimistic about the company's leading manufacturing position in the sports industry chain
Jinwu Financial News | According to Dongxing Securities Research Report, Shenzhou International (02313) achieved operating income of 24.970 billion yuan in 2023, -10.12% year-on-year, and net profit attributable to the parent company of 4.557 billion yuan, or -0.12% year-on-year. Among them, 23H2's revenue was 13.408 billion yuan, -5.50% year on year, and net profit to mother was 2,430 billion yuan, +10.67% year over year; revenue decline narrowed in the second half of the year, profit margins increased, and operating improvements were obvious. The gross profit margin for the whole year was 24.3%, compared to 22.1% in the same period last year. The year-end dividend payout ratio was 60.3%. Second half of '23
申洲國際：股東週年大會通告
申洲國際：2023年報
Citibank: Target price of HK$108 for Shenzhou International (02313)'s “buy” rating
The Zhitong Finance App learned that Citi released a research report stating that it gave Shenzhou International (02313) a “buy” rating, with a target price of HK$108. As Adidas's results for the first quarter of 2024 were better than expected and the 2024 revenue guidance was raised, it was raised from the previous middle single digits to the medium to high single digits, which is expected to have a slight positive impact on Shenzhou. The bank said that Adidas accounted for 14.8% of Shenzhou's total revenue in 2023, leading to a double-digit increase in Shenzhou international orders. At the same time, Adidas also had the highest order growth in 2024 among Shenzhou International's top four customers. Shenzhou's biggest customer, Nike, then
Changes in Hong Kong stocks | Shenzhou International (02313) is now up more than 4%. Downstream brand customers are leaving inventory, and order recovery from leading companies is expected to lead the industry
The Zhitong Finance App learned that Shenzhou International (02313) is now up more than 4%. As of press release, it has risen 4.3% to HK$72.8, with a turnover of HK$963.371 million. GF Securities pointed out that with the end of inventory removal from downstream brand customers, demand is expected to pick up. It is optimistic that the company's orders will resume growth in 24, and a return to normal capacity utilization is expected to drive an increase in gross margin. Although Nike and Lulululemon are both cautious about future performance guidelines recently, they are optimistic that the company's share of brand customers will increase further. Caitong Securities previously indicated that the peak camping season in April and the May Day Dragon Boat Festival holiday will start in the second quarter, which is expected to be boosted
We Think Shenzhou International Group Holdings (HKG:2313) Can Stay On Top Of Its Debt
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
Changes in Hong Kong stocks | Shenzhou International (02313) rose more than 4%, and the brand left the inventory to gradually eliminate suppressing factors, and the beginning of the peak season is expected to boost demand for sports shoes and clothing
Shenzhou International (02313) rose more than 4%. As of press release, it rose 4.26% to HK$74.7, with a turnover of HK$194 million.
Shenzhou International Group Holdings Limited Just Missed Revenue By 6.6%: Here's What Analysts Think Will Happen Next
It's been a good week for Shenzhou International Group Holdings Limited (HKG:2313) shareholders, because the company has just released its latest annual results, and the shares gained 8.0% to HK$74.10
Citibank: The target price for Shenzhou International's “buy” rating was raised to HK$108
Citi released a research report stating that it gave Shenzhou International (02313) a “buy” rating, raised the earnings forecast per share from 2024 to 2025 by 3% to 4%, and raised the target price from HK$102 to HK$108.
Macquarie: Target price for Shenzhou International (02313) “Outperform the Market” rating reduced to HK$89
Looking ahead to this year, due to the efforts of brand customers to remove inventory, Shenzhou's sales volume is expected to increase by 10% this year, and the average sales price will increase by 1%.
Zheshang Securities: Maintaining Shenzhou International's (02313) “Buy” rating, 2023 results are basically in line with expectations
Zheshang Securities anticipates that Shenzhou International (02313) orders will return to the growth channel, while gross margin will be further repaired as capacity utilization increases.
Shenzhou International Group Holdings Limited Unsponsored ADR To Go Ex-Dividend On June 6th, 2024 With 0.13805 USD Dividend Per Share
March 28th - $Shenzhou International Group Holdings Limited Unsponsored ADR(SHZHY.US)$ is trading ex-dividend on June 6th, 2024. Shareholders of record on June 6th, 2024 will receive 0.13805 USD d
Hong Kong stocks closed (03.27) | The Hang Seng Index closed down 1.36%, and weighted technology stocks were generally pressured, and gold stocks bucked the trend
The three major indices of Hong Kong stocks collectively fell under pressure, and the decline widened further at the end of the session. At the close, the Hang Seng Index fell 1.36% or 225.48 points to 16392.84 points, with a full-day turnover of HK$115.609 billion.
Xiaomo: Maintaining Shenzhou International's (02313) “Accumulation” rating and raising the target price to HK$94
Xiaoma believes that Shenzhou International (02313)'s focus on ESG and automation will help sustainable development.
[Broker Focus] Huaxi Securities first gave Shenzhou International (02313) a “buy” rating for the target price range of HK$93-100
Jinwu Financial News | According to the Huaxi Securities Research Report, the recent decline in Shenzhou International (02313) stock prices is mainly affected by short-term effects such as a phased slowdown in overseas orders, Vietnam's cancellation of income tax concessions, and whether domestic production capacity can be filled. In the long run, what is more noteworthy is that the company's customer share increase based on the rapid reaction capacity of the supply chain and expansion from cotton spinning to chemical fiber, etc., which has been verified during the 15-year warm winter and the 20-22 epidemic in history. According to the bank, the company can cover the entire garment foundry industry chain, and in particular, successfully enter the most complex fabric circuit. The bank believes that the company's growth drivers mainly come from: (1) Short-term
Nomura: Maintaining Shenzhou International's “Buy” Rating and Raising the Target Price to HK$104.3
Nomura released a research report stating that the target price of Shenzhou International (02313) was raised by 3.3% from HK$101 to HK$104.3, while maintaining the “buy” rating. In response to satisfactory inventory removal progress, the company's 2024 order visibility prospects are brighter than before. Sales growth for 2024-2025 will be fine-tuned by 4%-5%, and gross margin forecast will be raised to a higher range of 20%-30% to reflect better capacity utilization. Nomura pointed out that Shenzhou International's performance in 2023 was mixed. Among them, the capacity utilization rate was encouraging. Among them, revenue was 7% lower than the agency's market expectations, but net profit
Shenzhou International Shares Gain on 2024 Outlook
By Tracy Qu Shenzhou International's shares rose Wednesday, with investors betting on a better year for a key supplier of Nike, Uniqlo, Adidas and other brands after it said it reached full productio
Changes in Hong Kong stocks | Shenzhou International (02313) opened more than 6% higher, and the performance was in line with market expectations, and the company's capacity utilization rate continued to recover
Shenzhou International (02313) opened more than 6% higher. As of press release, it rose 6.16% to HK$69.85, with a turnover of HK$87.6467 million.
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