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CICC: The 24Q1 performance differentiation of tourist attractions is optimistic about the marginal recovery slope for May 1st inbound and outbound tours
Looking ahead to May 1st, the number of domestic travelers is expected to face last year's high base or still have some resilience, but the level of recovery in per capita consumption remains to be seen; we are optimistic about the marginal recovery slope for inbound and outbound travel.
Song Cheng Performing Arts (300144.SZ): Net profit of 250 million yuan in the first quarter increased by 317.33% year-on-year
On April 25, Ge Longhui | Song Cheng Entertainment (300144.SZ) released its first quarter report. Operating revenue was 560 million yuan, up 138.70% year on year, net profit of 250 million yuan, up 317.33% year on year, after deducting non-net profit of 249 million yuan, up 349.07% year on year, with basic earnings of 0.0963 yuan per share.
Dongwu Securities: Steady increase in domestic travel, significant restoration of outbound travel
The Zhitong Finance App learned that Dongwu Securities released a research report saying that the Ctrip report showed that the popularity of travel during the “May 1st” holiday this year increased steadily from last year's high level. Domestic long-distance travel orders accounted for 56% on the Ctrip platform. Ctrip Car Rental's domestic car rental and self-driving orders increased 40% year over year. The characteristics of long-distance tours and self-driving tours are remarkable. The number of “May Day” outbound travelers increased by about 370% year on year; the popularity of outbound air ticket searches increased sharply by 56% year on year, and inbound travel reservation orders increased 130% year over year. In the first half of April, the number of overseas local guide orders on the Ctrip platform increased 60% year-on-year. It is expected during the “May 1st” period
Huaxi Securities: The “volume and price” logic of scenic spots is strong, valuations may have room for improvement
The volume and price logic of the tourist attractions sector is strong, the cost side is relatively fixed, the ability to deliver results is strong, targets are scarce, and there is room for improvement in valuation.
Is Songcheng Performance Development Co.,Ltd's (SZSE:300144) Recent Price Movement Underpinned By Its Weak Fundamentals?
Songcheng Performance DevelopmentLtd (SZSE:300144) has had a rough week with its share price down 5.3%. It seems that the market might have completely ignored the positive aspects of the company's f
Zheshang Securities: Marginal recovery in passenger traffic in the social service industry, suggestions focus on structural opportunities
Demand for leisure declined somewhat after the Spring Festival. The structural differentiation of Q1 passenger flow exceeded expectations, and demand for cultural tourism increased rapidly.
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