300399 Jiangxi Tianli Technology, INC.
- 9.58
- +0.20+2.13%
Jiangxi Tianli Technology, INC. News
Why Jiangxi Tianli Technology's (SZSE:300399) Healthy Earnings Aren't As Good As They Seem
Jiangxi Tianli Technology, INC. (SZSE:300399) posted some decent earnings, but shareholders didn't react strongly. Our analysis has found some concerning factors which weaken the profit's foundation.
Tianli Technology (300399.SZ): Net loss of 4.7495 million yuan in the first quarter
On April 25, Ge Longhui | Tianli Technology (300399.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 102 million yuan, an increase of 16.80% over the previous year; net profit attributable to shareholders of listed companies was 4.7495 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 5.2 million yuan; and basic earnings per share - 0.02 yuan.
Tianli Technology (300399.SZ): 2023 net profit of 38.3613 million yuan, plans to distribute 10 to 0.4 yuan
Gelonghui, April 18 | Tianli Technology (300399.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 444 million yuan, a year-on-year decrease of 1.28%; net profit attributable to shareholders of listed companies was 38.3613 million yuan, an increase of 127.21%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses - $12.3483 million; basic earnings per share of 0.19 yuan; it plans to distribute a cash dividend of 0.4 yuan (tax included) to all shareholders for every 10 shares.
Tianli Technology (300399.SZ): There is currently no business cooperation with external AI companies on large models
Gelonghui March 25 | Tianli Technology (300399.SZ) said on the investor interactive platform that the company focuses on digital transformation in the industry, and the company currently has no business cooperation with external AI companies on large models.
Tianli Technology (300399.SZ): Not involved in the field of Hongmeng systems
Gelonghui, March 13 | Tianli Technology (300399.SZ) said on the investor interactive platform that the company is currently not involved in the Hongmeng system field, and that in the future, the company will promptly follow up on related business according to market and customer needs.
Individual Investors Are Jiangxi Tianli Technology, INC.'s (SZSE:300399) Biggest Owners and Were Hit After Market Cap Dropped CN¥401m
Key Insights Significant control over Jiangxi Tianli Technology by individual investors implies that the general public has more power to influence management and governance-related decisions The to
Risks Still Elevated At These Prices As Jiangxi Tianli Technology, INC. (SZSE:300399) Shares Dive 25%
The Jiangxi Tianli Technology, INC. (SZSE:300399) share price has fared very poorly over the last month, falling by a substantial 25%. Instead of being rewarded, shareholders who have already held
Tianli Technology (300399.SZ): 2023 net profit pre-increased by 113.21%-148.75%
Gelonghui, January 17 | Tianli Technology (300399.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 36 million yuan to 42 million yuan, an increase of 113.21% to 148.75% over the same period of the previous year; net profit loss after deducting non-recurring profit and loss was 8 million yuan to 10 million yuan, compared to a loss of 798,700 yuan for the same period last year. The main reasons for the changes in performance during the reporting period are as follows: 1. The company achieved a large increase in net profit due to the fact that the company disposed of some of the partnership assets held by the company, as well as partnerships held by the company
Tianli Technology (300399.SZ): Plans to list and transfer 51% of the shares of the holding subsidiary Zhonghe Sihai
Gelonghui, January 17丨Tianli Technology (300399.SZ) announced that in order to further optimize the main business and focus on the main business, Jiangxi Tianli Technology Co., Ltd. plans to transfer 51% of the shares of the holding subsidiary Beijing Zhonghe Sihai Insurance Agency Co., Ltd. (hereinafter referred to as “Zhonghe Sihai” or the “target company”) through public listing at the Jiangxi Property Exchange. The minimum listing price is 2,0381 million yuan (based on the assessed value and considering the impact of debt exemption). If the listing transaction is successful, the company will no longer hold Zhonghe Sihai shares. It is no longer included in the scope of consolidated reports. As of the announcement date, all nations are still lacking justice
Tianli Technology (300399.SZ): No game business
Gelonghui December 25 | Tianli Technology (300399.SZ) said on the investor interactive platform that the company's main business is mobile information and insurance service business, and there is no game business.
Tianli Technology (300399.SZ): The company has no repurchase plans
Gelonghui on December 15 | Tianli Technology (300399.SZ) said on the investor interactive platform on December 15 that the company has no repurchase plans yet.
Tianjin Zhihui, a 1% shareholder of Tianli Technology (300399.SZ), plans to clear positions and reduce holdings
Tianli Technology (300399.SZ) announced that the shareholder holding 1% of the shares is Tianjin Zhihui Investment Partnership (limited...
Tianli Technology (300399.SZ) shareholder Tianjin Zhihui completed a 1% reduction in shares
According to the Zhitong Finance App, Tianli Technology (300399.SZ) announced that the company's shareholder, Tianjin Zhihui Investment Partnership (“Tianjin Zhihui”) (“Tianjin Zhihui”), reduced its holdings of the company's shares by a total of 1.760 million shares, accounting for 1.00% of the total share capital. The current holdings reduction plan has expired.
Tianli Technology (300399.SZ): Does not directly hold Softcom Power shares
Gelonghui November 13丨Tianli Technology (300399.SZ) stated on the investor interactive platform that Tianli Technology does not directly hold Softcom Power shares. The shareholder is Shangrao Tianshutong, a listed company participating in the shares. The company accounts for the investment income of the participating companies in accordance with the equity law. According to the retirement plans of the partners of the company that participated in the shares earlier, and after review by the company's board of directors and shareholders' meeting, the equity change plan for the partner company to withdraw from Softcom Power Investment is being implemented, and the company will promptly fulfill its information disclosure obligations according to the implementation of the changes in equity.
Tianli Technology (300399.SZ): Net loss of 4.153,300 yuan in the third quarter
Glonghui, October 22丨Tianli Technology (300399.SZ) announced its report for the third quarter of 2023. Revenue for the reporting period was 134 million yuan, up 21.51% year on year; net profit attributable to shareholders of listed companies - RMB 4.153,300; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - RMB 51502,200; basic earnings per share - 0.02 yuan/share.
Tianli Technology (300399.SZ): The main business is mobile information services and insurance product services
Glonghui, October 17: Tianli Technology (300399.SZ) stated on the investor interactive platform that the company's main business is mobile information services and insurance product services.
Tianli Technology (300399.SZ) shareholder Tianjin Zhihui reduced his holdings of the company by 1,976 million shares, accounting for 1% of the total share capital
Tianli Technology (300399.SZ) announced that the company's shareholder Tianjin Zhihui Investment Partnership (Limited Partnership) (...
Tianli Technology (300399.SZ) released results for the first half of the year, changing from profit to loss of 1.7865 million yuan
Tianli Technology (300399.SZ) released the 2023 semi-annual report. During the reporting period, the company achieved operating income...
Tianli Technology (300399.SZ): Some partners of Tianshutong, a shareholding company, proposed to dispose of the partnership's asset shares for their own reasons
GLONGHUI, August 11丨Tianli Technology (300399.SZ) announced that it recently received a notice from some partners of the shareholding company Shangrao Tianshutong Investment Management Center (“Tianshutong”) to dispose of the partner company's asset shares for their own reasons, thereby reducing the share held by the partnership to achieve full or partial withdrawal from the partnership, taking into account the needs of payment of management fees and daily expenses of the partnership. Tianli Technology plans to dispose of a small portion of the partnership's asset shares. Tianshutong plans to reduce its holdings of Softcom Dynamics in accordance with each partner's retirement plan. After the holdings reduction is completed, it will be distributed to each partner in a targeted manner, and the partnership will be carried out
Some Confidence Is Lacking In Jiangxi Tianli Technology, INC.'s (SZSE:300399) P/S
With a median price-to-sales (or "P/S") ratio of close to 7x in the Software industry in China, you could be forgiven for feeling indifferent about Jiangxi Tianli Technology, INC.'s (SZSE:300399) P/S
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