We Think Sinotruk (Hong Kong) (HKG:3808) Can Manage Its Debt With Ease
[Broker Focus] Soochow Securities maintains a "buy" rating on Sinotruk (03808), indicating the obvious recovery situation in the heavy truck industry.
Jingwu Finance News | Soochow Securities issued a research report pointing out that Sinotruk (03808) achieved revenue of 48.82 billion yuan in 24H1, with a year-on-year increase of 18.0% and a quarter-on-quarter increase of 10.7%; net income attributable to shareholders was 3.29 billion yuan, with a year-on-year increase of 38.8% and a quarter-on-quarter increase of 11.9%, slightly higher than the midpoint of performance forecast, in line with the bank's expectations. In terms of heavy truck revenue (including internal sales), the company's revenue in 24H1 was 42.51 billion yuan, with a year-on-year increase of 16.3% and a quarter-on-quarter increase of 9.8%. In terms of quantity, the company's heavy truck sales in 24H1 were 0.125 million, with a year-on-year increase of 14.8% and a quarter-on-quarter increase of 5.8%; heavy truck sales in 2024H1.
Hong Kong stock concept tracking | Continuous digestion of off-season heavy truck inventory, institutions are bullish on the sales peak season in September and October (with concept stocks)
Continuing to reduce inventory at the end of the year will free up funds and inventory space during the peak season of "Golden September and Silver October", with the potential to release the maximum elasticity.
SINOTRUK (HK) LTD To Go Ex-Dividend On September 5th, 2024 With 4.61801 USD Dividend Per Share
Investors Could Be Concerned With Sinotruk Jinan TruckLtd's (SZSE:000951) Returns On Capital
Jefferies Adjusts Sinotruk (Hong Kong)'s Price Target to HK$27.20 From HK$25, Keeps at Buy
Bank of America Securities: Maintains a "neutral" rating on Sinotruk (03808) with a target price cut to 22.2 Hong Kong dollars
Bank of America Securities lowered sinotruk's (03808) earnings per share forecasts for this year and next by 2% and 6%, as well as 14% for 2026.
Sinotruk Jinan Truck's H1 Profit Rises 25%, Operating Income Up 21%; Shares Climb 5%
Hong Kong stocks are active | sinotruk (03808) rose by more than 3%, with the mid-term shareholders' net profit attributable to the increase of nearly 40% year-on-year, and a proposed dividend of 72 Hong Kong cents per share.
Sinotruk (03808) rose more than 3% and as of the time of writing, it increased by 3.67% to HK$21.2, with a turnover of HK$17.9132 million.
[HK Stock Connect] Sinotruk (03808) rose 3.67% after the results, with a 39.7% year-on-year increase in net income for the first half of the year.
King's Wealth News | Sinotruk (03808) opened higher, as of the time of writing, increased by 3.67% to HK$21.2, with a turnover of HK$14.84 million. On the news front, the company announced that the mid-term profit as of June 30 is approximately 3.29 billion yuan, a year-on-year increase of 39.7%, with an earnings per share of 1.2 yuan and an interim dividend of 72 Hong Kong cents per share. The revenue for the period was 48.8 billion yuan, up 18% year-on-year, with a gross profit of 7.16 billion yuan, up 9.7% year-on-year. The revenue of the heavy truck division for the period increased by 16% year-on-year, with sales of approximately 1.25 million units, up 14.8% year-on-year.
Sinotruk announced its interim performance, with a net profit attributable to shareholders of 3.294 billion yuan, a year-on-year increase of 39.7%.
Sinotruk (03808) announced its mid-term performance for 2024, with revenue of approximately 48.823 billion yuan, a year-on-year increase of 18%; gross profit of 7.159 billion yuan, a year-on-year increase of 9.8%; net profit attributable to equity shareholders of the company of 3.294 billion yuan, a year-on-year increase of 39.7%; earnings per share of 1.2 yuan, and a interim dividend of HK$0.72 per share. During the review period, the group sold 125,017 heavy trucks, an increase of 14.8% year-on-year. The total revenue of the heavy truck division was 42.513 billion yuan, an increase of 16.3% year-on-year. The operating profit margin of the heavy truck division was 6.0%, a decrease of 0.6 percentage points year-on-year, main
Sinotruk Reports Substantial Growth in H1 2024
Sinotruk Announces Mid-Year Dividend for Shareholders
Express News | Corrected-Sinotruk Hong Kong H1 Revenue RMB 48,823 Million (Corrects Amount)
Express News | Sinotruk Hong Kong H1 Revenue RMB 7,158.7 Million
Express News | Sinotruk Hong Kong - Declared an Interim Dividend HK$0.72 per Share
Express News | Sinotruk Hong Kong H1 Net Income RMB 3,294.3 Million
SINOTRUK: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Express News | Sinotruk Hong Kong - Hy Net Profit RMB844.5 Mln for Sinotruk Ji'nan Truck Co
SINOTRUK: ANNOUNCEMENT OF UNAUDITED FINANCIAL INFORMATION OF A SUBSIDIARY
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