Huitongda Network's Profit Up by 42% in 2023
Huitongda Network (HKG:9878) recorded a 42% rise in attributable profit for the year ended Dec. 31, 2023, to 448.3 million yuan from 316.4 million yuan in 2022, according to the company's annual repor
匯通達網絡:二零二三年年報
Huitongda Network (HKG:9878) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
[Broker Focus] Fangzheng Securities First Exchange Online (09878) “Recommended” rating indicates a significant increase in the number of its users
Jinwu Financial News | According to Fangzheng Securities Research, Huitongda Network (09878) had revenue of 82.4 billion yuan/ +0.4% in 2023, gross profit of 2,740 million yuan/ +5.9%, and net profit of 448 million yuan/ +41.7%. According to the bank, the overall number of users has increased, and members' retail service capabilities have continued to be strengthened. The total number of registered member retail stores reached 23.7w/ +15%, the number of active member retail stores reached 9.07w/ +19.1%, active channel partner customers 1.25w/ -25.1%, and the total number of SaaS+ subscribers reached 13.18w/+15.6
Huitongda Network (09878): Industrial chain optimization and upgrading to activate new momentum for development
In a period of opportunity for the booming development of the industrial Internet, Huitongda Network is continuously expanding the depth and breadth of its business through its unique business model in the market.
The industrial chain model was re-innovated, and Huitongda (09878.HK) became a leader in the sinking market, with obvious industry advantages
Recently, after Huitongda announced its 2023 results announcement, its stock price surged 4.61% the next day, reflecting the market's strong optimism about its fundamentals. As a leader in the industrial Internet industry, Huitongda recently achieved good results in a sinking market. Judging from net revenue and profit, the company has generally maintained relatively good performance growth in the past six years. Various core financial indicators such as operating income, net profit, and net profit to mother have maintained steady growth year by year in the macro environment, showing its strong market competitiveness and good development prospects. Data source: Choice based on the situation between the National Bureau of Statistics and the Head and Panther Research Institute
Huitongda Network's Net Profit Jumps 42% in 2023
Huitongda Network's (HKG:9878) net profit attributable to equity holders jumped 42% to 448.3 million yuan in 2023 from a restated 316.4 million yuan in 2022, according to a filing with the Hong Kong b
Huitongda Network (09878) achieved net profit of 448 million yuan in 2023, a year-on-year increase of 42%, and continuous positive operating cash flow
Huitongda Network (09878) announced its 2023 results, achieving total revenue of RMB 82.43 billion, a year-on-year increase...
HUITONGDA NET: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023
With a 46% Stake, Huitongda Network Co., Ltd. (HKG:9878) Insiders Have a Lot Riding on the Company
Key Insights Huitongda Network's significant insider ownership suggests inherent interests in company's expansion A total of 3 investors have a majority stake in the company with 53% ownership Own
Huitongda Network (09878.HK) held a board meeting on March 27 to consider and approve the annual results
Glonghui March 15 | Huitongda Network (09878.HK) announced that the board meeting will be held on March 27, 2024 (Wednesday) to consider and approve (among other things) the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and consider recommending payment of a final dividend (if any).
HUITONGDA NET: DATE OF BOARD MEETING
Huitongda debuted in CHINASHOP with “Thousand Orange Treasurer”
At the 2024 CHINASHOP China Retail Expo held in Shanghai from March 13 to 15, Huitongda and Huitong Digital Technology collaborated with the “Qiancheng Treasurer” digital solutions at the exhibition and gave a keynote speech on “Digital Application Practices for Retail Stores in the Sinking Market”. “Qiancheng Treasurer” is an integrated software and hardware solution independently developed by Huitongda and Huitong Mathematics for customers throughout the retail industry. The system includes ERP, cashier, chain, new retail, and payment, which focus on store operation and management; as well as WeChat, community marketing, and membership marketing, which focus on community fission and member marketing. In terms of hardware, Shangmi is Huitongda
Huitongda Network (HKG:9878) Has More To Do To Multiply In Value Going Forward
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasi
Huitongda Network: Results Supported by Higher Contribution From SaaS Solutions Business
Huitongda Network: Results Supported by Higher Contribution From SaaS Solutions Business
Huitongda Network Expects 2023 Net Profit to Have Risen at Least 30% on Year
Huitongda Network Expects 2023 Net Profit to Have Risen at Least 30% on Year
[Company Yingxi] Huitongda Network (09878) expects profit to increase by no less than 30% year-on-year in fiscal year 2023
Jinwu Financial News | Huitongda Network (09878) issued a positive profit forecast. The Group expects the profit attributable to the company's equity holders in fiscal year 2023 to increase by no less than 30% compared to the same period in 2022. According to the announcement, the expected positive profit is mainly due to: (i) the company deepens brand links, continuously optimizes second-level categories, and further improves supply chain integration capabilities and efficiency; and (ii) the company further deepens the implementation of SaaS+ business strategies, continues to expand the membership network and improve service capabilities, and the increase in the profit contribution of member retail stores.
HUITONGDA NET: POSITIVE PROFIT ALERT
Huitongda Network Co., Ltd.'s (HKG:9878) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
With its stock down 4.5% over the past week, it is easy to disregard Huitongda Network (HKG:9878). However, stock prices are usually driven by a company's financials over the long term, which in thi
Huitongda Network (09878.HK) grants 4.157 million restricted share units to 259 selected holders
On December 27, GLONGHUI | Huitongda Network (09878.HK) issued an announcement. On December 27, 2023, the Remuneration and Assessment Committee resolved and approved the grant of 4.157,000 restricted share units to 259 selected holders under the Restricted Share Unit Plan, subject to acceptance by the selected holders. Regarding the previous grant of restricted share units, the trustee Zhongcheng Trust Co., Ltd. plans to purchase a total of 3.43 million H shares on the market for restricted share units between April 26, 2023 and December 27, 2023. The average cost of H shares purchased per share is about 29.0
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