Investors Can Find Comfort In Cheerwin Group's (HKG:6601) Earnings Quality
A lackluster earnings announcement from Cheerwin Group Limited (HKG:6601) last week didn't sink the stock price. However, we believe that investors should be aware of some underlying factors which ma
Chaoyun Group: interim report 2022
Cheerwin Chairman Expands Shareholding
03:34 AM EDT, 09/05/2022 (MT Newswires) -- Cheerwin (HKG:6601) Chairman and Executive Director Chen Danxia bought 500,000 company shares, or about 0.037% of the company's total shares, for about HK$1
Chaoyun Group: interim results announcement for the six months ended June 30, 2022
Cheerwin Group Ltd expects diversified development; China Merchants Securities's first coverage gives a "strongly recommended" rating
Cheerwin is a leading one-stop multi-category home care, pet care and personal care platform in China. The company insists on a multi-brand and multi-category layout, builds an omnichannel sales network, and continuously improves its product matrix. As the company continues to consolidate its leading position in the home care industry and actively lay out two major avenues of personal care and pet care, it is expected to usher in a high-speed growth period. China Merchants Securities gives Cheerwin a "strongly recommended" rating for the first coverage.
Chaoyun Group: 2021 Annual report
Chaoyun Group: annual results announcement for the year ended December 31, 2021
Chaoyun Group: date of the board of directors
"Bank of China report" Morgan Stanley downgraded the target price of 06601.HK Group to 4.10 yuan to "increase its holdings".
Morgan Stanley issued a report saying that due to macroeconomic challenges and intensified competition, 06601.HK 's profit last year may be lower than the bank's expectations, but it is still optimistic about its future growth and attractive valuation, which is now only equivalent to about 4 times this year's forecast price-to-earnings ratio after excluding cash, maintaining the "overweight" rating, and the target price is lowered from 11.7 yuan to 4.1 yuan. Morgan Stanley has reduced its sales forecast for Chaoyun Group by 18% to 28% from 2021 to 2023, and expects operating expense ratios to increase in 2022 and 2023 to support the scale development of its category and brand. At the same time, 2021 to 2
Chairman of Chaoyun Group (06601.HK) further increases his holdings of 250000 shares
06601.HK announced that on the last trading day (30th), Chen Danxia, the chairman and executive director, further bought 250000 shares of the company in the open market for a total consideration of about 750000 yuan. After the increase, Chen holds a total of 2.4935 million shares, accounting for 0.187% of the company's share capital.