Earnings Report: Citic Press Corporation Missed Revenue Estimates By 16%
Citic Press Corporation (SZSE:300788) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company followin
NetEase Cloud Music's first podcast conference came to an end, and the “Seeding Plan”, a support program for creators, was released
Sina Technology News reported on the afternoon of April 28. Recently, the first NetEase Cloud Music podcast conference came to a successful conclusion in Beijing. With the theme of “amplifying the volume”, the conference attracted podcast creators, industry experts and media people from all over the country to participate. Zhang Hou, head of NetEase Cloud Music's long audio business, delivered a speech entitled “From Seed to Blossom, Hear the New Volume of Podcast”, pointing out that NetEase Cloud Music will help the podcast content ecosystem prosper through long-term and continuous creative support for the podcast industry. Cai Xin, general manager of CITIC Publishing Group, and well-known podcast anchors such as “Story FM,” “Basically Harmless,” and “Crooked Wave Sound Room” participated in the conference and
Citic Press Corporation (SZSE:300788) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
The Citic Press Corporation (SZSE:300788) share price has softened a substantial 27% over the previous 30 days, handing back much of the gains the stock has made lately. The drop over the last 30 d
CITIC Publishing (300788.SZ): No copyright data purchase agreement has been signed with Big Model Company
Gelonghui, April 18 | CITIC Publishing (300788.SZ) said on the investor interactive platform that the company has not yet signed a copyright data purchase agreement with Big Model Company. The company thoroughly researches the application and innovation of generative artificial intelligence in the publishing industry, was selected as a publishing think tank by the Ministry of Propaganda and the State Press and Publication Administration, and actively contacts domestic and foreign model technology companies. It will open cooperation and co-build an ecosystem on the basis of ensuring copyright data security and a sustainable development model to help the high-quality development of the publishing industry.
We Think You Can Look Beyond Citic Press' (SZSE:300788) Lackluster Earnings
The market for Citic Press Corporation's (SZSE:300788) shares didn't move much after it posted weak earnings recently. We think that the softer headline numbers might be getting counterbalanced by so
CITIC Publishing (300788.SZ): Elects Chen Wei as Chairman
CITIC Publishing (300788.SZ) issued an announcement. Since Wang Bin, the former chairman of the 5th board of directors, has retired and left office, according to...
Citic Press' Chairman Resigns
Citic Press' (SHE:300788) chairman, Wang Bin, resigned after reaching the statutory retirement age, according to a March 15 disclosure published on the Shenzhen Stock Exchange. The Chinese publishing
Citic Press Corporation Just Missed Earnings - But Analysts Have Updated Their Models
The analysts might have been a bit too bullish on Citic Press Corporation (SZSE:300788), given that the company fell short of expectations when it released its annual results last week. Results s
CITIC Publishing (300788.SZ): Wang Bin resigns from all positions including chairman
Zhitong Finance App News, CITIC Publishing (300788.SZ) issued an announcement. The company's board of directors recently received a “resignation” from Wang Bin, chairman of the company. Wang Bin's original term of office was until the end of the 5th board of directors. Since he had reached the legal retirement age, Wang Bin applied to resign as the company's chairman, legal representative, and chairman of the board strategy committee. Wang Binrong retired and no longer held any other position in the company.
CITIC Co., Ltd.: CITIC Publishing's annual net profit of 116 million yuan decreased by 7.72% year-on-year
CITIC Co., Ltd. (00267) announced the 2023 annual results of CITIC Publishing (300788.SZ), with operating revenue of 1,717 billion yuan, a year-on-year decrease of 4.65%. Net profit attributable to shareholders of listed companies was 116 million yuan, a year-on-year decrease of 7.72%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 61.8848 million yuan, a year-on-year decrease of 47.75%. Basic earnings per share were $0.61.
CITIC Co., Ltd. (00267): CITIC Publishing (300788.SZ) accrued asset impairment losses totaling RMB 51.7337 million in 2023
Zhitong Finance App News, CITIC Holdings (00267) issued an announcement to truly reflect the financial situation and asset value of CITIC Publishing (300788.SZ). According to the “Corporate Accounting Standards” and the relevant provisions of the company's accounting policies, CITIC Publishing conducted an impairment test on assets such as inventory, advance payments, and receivables that may show signs of impairment on December 31, 2023. Based on the test results, based on the principle of prudence, CITIC Publishing has calculated asset impairment preparations for assets that may experience asset impairment losses in 2023. According to estimates, the total amount of impairment losses for various assets calculated this time is 5173
After Leaping 33% Citic Press Corporation (SZSE:300788) Shares Are Not Flying Under The Radar
Citic Press Corporation (SZSE:300788) shareholders are no doubt pleased to see that the share price has bounced 33% in the last month, although it is still struggling to make up recently lost ground.
CITIC Publishing (300788.SZ): The company's AIGC digital publishing platform assists key aspects of the book publishing process
Gelonghui, Feb. 21丨CITIC Publishing (300788.SZ) said on the investor interactive platform that the company closely follows new products and trends in the global AIGC field, thoroughly studies the application and innovation of generative artificial intelligence in the publishing industry, and has been selected as a publishing think tank of the Ministry of Public Information and Publication Administration to open up cooperation and build an ecosystem to help the high-quality development of the publishing industry. The company's AIGC digital publishing platform supports key aspects of the book publishing process, improving publishing efficiency, optimizing accurate marketing, and continuously reducing costs and increasing efficiency. The company firmly builds a digital intelligence system, develops data assets, and protects the health of authors' rights and copyright use
Returns On Capital Signal Tricky Times Ahead For Citic Press (SZSE:300788)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and second
CITIC Publishing (300788.SZ): Blockchain technology is not involved
Gelonghui, January 29丨An investor asked CITIC Publishing (300788.SZ) on the investor interactive platform, “The blockchain technology involved in the “Publisher Sharing Platform” mentioned in your company's 2020 annual report is a private chain, open chain, or alliance chain?” The company replied that the company was not involved in blockchain technology. The “Publisher Sharing Platform” is an innovative exploration platform for the company to expand the boundaries of the publishing business, use the company's brand advantages to integrate and share resources with the entire book industry, and jointly build an industrial ecosystem through open topic selection, planning, marketing and channels.
China Galaxy Securities: Big model training data payments may become a trend, focus on valuation repair opportunities in the publishing sector
Most companies in the publishing industry have rich electronic graphic resources, which can be used as an important data set for big model training at home and abroad.
CITIC Publishing (300788.SZ): Currently, the company is not involved in short drama-related business
On December 8, Gelonghui, CITIC Publishing (300788.SZ) stated on the investor interactive platform that currently the company is not involved in short drama-related business. The company always pays attention to the driving force of new technology, new ideas and models for industry development, actively pays attention to relevant business opportunities, creates and disseminates new content through new media formats and channels, and continues to innovate and optimize the company's business.
Chen Yanshun, Chairman of BOE, talks about the “Screen Intelligence IoT” development strategy: in the past, they relied on eating in heaven to “make a little money”, but in the future, they will have to take root in market segments
Sina Technology News on the morning of December 5. At the “Screen of Things: How to Achieve Strategic Upgrading”, co-produced by BOE Technology Group and CITIC Press and other organizations, BOE Chairman Chen Yanshun pointed out that in the past 20 years, BOE Chairman Chen Yanshun pointed out that in the past 20 years, BOE has invested close to 400 billion yuan in construction in China through business models such as government support for market-based operations, so that today BOE has become a leading enterprise in the global semiconductor display industry, whether in terms of industry size, market size, annual shipment volume, or overall number of patents and market segments They have all been able to become number one in the world
Is Citic Press (SZSE:300788) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' When we think about how
CITIC Publishing (300788.SZ): Tried to cooperate with authors and large model companies for language training to develop intelligent reading application products
Gelonghui, November 27丨Some investors asked CITIC Publishing (300788.SZ) on the investor interactive platform, “The company has published so many books and magazines, is it considering converting the electronic version into digital data for big models at home and abroad to learn?” The company replied that the company has tried to cooperate with authors and large model companies for language training to develop smart reading application products. For example, the company's knowledge service platform and Baidu jointly released the “CITIC College AI Reading Assistant” plug-in. Under the authorization of “Master of Steamed Bread” Zhang Wei, the million-level bestseller “The Temperature of History” series was developed for intelligent reading. The company will
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