CSSC Science& Technology (SHSE:600072) Posted Weak Earnings But There Is More To Worry About
Shareholders didn't appear too concerned by CSSC Science& Technology Co., Ltd's (SHSE:600072) weak earnings. We did some digging, and we believe that investors are missing some worrying factors under
Why Investors Shouldn't Be Surprised By CSSC Science& Technology Co., Ltd's (SHSE:600072) P/S
When you see that almost half of the companies in the Construction industry in China have price-to-sales ratios (or "P/S") below 1.1x, CSSC Science& Technology Co., Ltd (SHSE:600072) looks to be givin
China Shipbuilding Technology (600072.SH): Does not involve assembly shipbuilding business
Gelonghui, April 30丨China Shipbuilding Technology (600072.SH) said on the investor interactive platform that the company's business does not involve assembly and shipbuilding business; the ship supporting business mainly includes marine hatch covers, stern passages, side channels, ramps, container lashing systems, etc.
China Shipbuilding Technology (600072.SH): Net loss of 97.7809 million yuan in the first quarter
Gelonghui, April 29丨China Shipbuilding Technology (600072.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 806 million yuan, a year-on-year decrease of 74.87%; net profit attributable to shareholders of listed companies - 97.7809 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 103 million yuan; and basic earnings per share - 0.065 yuan.
China Shipbuilding Technology (600072.SH): Offshore wind power is one of the key future development directions
Gelonghui, April 12丨China Shipbuilding Technology (600072.SH) said on the investor interactive platform that offshore wind power is one of the company's key development directions in the future, and the company will continue to insist on “land and sea” and vigorously promote the offshore wind power business.
China Shipbuilding Technology (600072.SH): There are currently no stock repurchase plans
Gelonghui, April 12丨China Shipbuilding Technology (600072.SH) said on the investor interactive platform that the company's main business includes ship support business, and currently the company has no stock repurchase plans.
Retail Investors Among CSSC Science& Technology Co., Ltd's (SHSE:600072) Largest Stockholders and Were Hit After Last Week's 18% Price Drop
Key Insights The considerable ownership by retail investors in CSSC Science& Technology indicates that they collectively have a greater say in management and business strategy A total of 6 investors
China Shipbuilding Technology (600072.SH): Does not involve blockchain technology
Gelonghui, Feb. 1: China Shipbuilding Technology (600072.SH) said on the investor interactive platform that the company is not involved in blockchain technology.
China Shipbuilding Technology (600072.SH): Will further expand offshore wind power business in terms of resource development, fan equipment, etc.
Gelonghui, January 2丨China Shipbuilding Technology (600072.SH) said on the investor interactive platform that offshore wind power is one of the company's development directions, and the company will further expand the offshore wind power business in terms of resource development and fan equipment.
[BT Financial Report Momentary Analysis] CSIC 2023 Quarterly Report: Steady Development Path Under Fluctuating Performance
China Shipbuilding Technology (stock code: 600072) is a state-owned listed company that is indirectly controlled by China Shipbuilding Group. Its main business revolves around the shipbuilding business and extends to various fields. The 2023 three-quarter report shows that although the construction industry and shipbuilding industry to which the company belongs as a whole showed steady growth, while facing industry challenges, China Shipbuilding Technology also showed its unique development trends. In terms of assets and liabilities, China Shipbuilding Technology's total assets increased from 42.135 billion yuan at the end of the previous year to 48.547 billion yuan, indicating that the company's asset size has expanded. Total liabilities also rose to 30.416 billion yuan at the end of the previous year
CSIC (600072.SH): Established a wind power industry system integrating rolling resource development, machine development, fan ancillary equipment development, and engineering services
Gelonghui November 28丨China Shipbuilding Technology (600072.SH) said at the performance briefing that the company will stimulate synergy, superposition effects and agglomeration effects among various subsidiaries by coordinating competitive advantages such as core technology, market resources, and equipment manufacturing in related businesses, strengthen integration, and establish a wind power industry system including rolling resource development, complete machine development, fan supporting equipment development, and engineering services.
CSSC Science & Technology Unit to Auction Off Wind Power Asset
A subsidiary of CSSC Science & Technology (SHA:600072) plans to publicly list its 100% stake in Shouyang County Shengshou Wind Power, seeking at least 212.5 million yuan. CSSC Wind Power Development w
China Shipbuilding Technology (600072.SH): Subsidiary to list and transfer 100% of Shengshou Company's shares
Gelonghui November 15 | CSIC (600072.SH) announced that its wholly-owned subsidiary, CSIC Wind Power Development Co., Ltd., plans to transfer 100% of the shares of Shouyang County Shengshou Wind Power Co., Ltd. (“Shengshou Company”) held by its wholly-owned subsidiary CSIC Clean Energy Technology (Beijing) Co., Ltd. (“Beijing Technology Company”) at an initial listing price of no less than RMB 21,24.9 million yuan. This asset transfer will help CSIC Wind Power, a wholly-owned subsidiary, reduce the overall balance ratio, improve the quality of operations, return early investment capital, and satisfy CSIC
China Shipbuilding Technology (600072.SH): Xirong New Energy became the transferee of this transaction
Gelonghui November 14丨China Shipbuilding Technology (600072.SH) announced. Recently, Beijing Science and Technology Corporation received a bid notice from the Beijing Property Exchange. The transaction passed the bidding, and Shanghai Xirong New Energy Co., Ltd. (“Xirong New Energy” for short) became the transferee of this transaction. Through bidding, the total transaction value of Tongyuan Hongshen's 100% shares and Hami Shengtian's 100% shares was 512.02 million yuan, with a premium of 9,00899 million yuan over the assessed value; the transaction price of Hami Shengtian's related claims was 279.8844 million yuan.
The Total Return for CSSC Science& Technology (SHSE:600072) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
It hasn't been the best quarter for CSSC Science& Technology Co., Ltd (SHSE:600072) shareholders, since the share price has fallen 25% in that time. But that doesn't change the fact that shareholde
CSSC Science& Technology Co., Ltd's (SHSE:600072) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
CSSC Science& Technology (SHSE:600072) has had a rough three months with its share price down 30%. But if you pay close attention, you might find that its key financial indicators look quite decent,
CSSC Science & Technology Chairman Resigns
Zhou Hui has stepped down as chairman of CSSC Science & Technology (SHA:600072) due to his age, according to a filing on Tuesday. The Chinese construction engineering firm has yet to name a successor.
The subsidiary of China Shipbuilding Technology (600072.SH) plans to transfer 100% of the shares of the two subsidiaries for no less than 422 million yuan
China Shipbuilding Technology (600072.SH) announced that China Shipbuilding Wind Power Development Co., Ltd., a wholly-owned subsidiary of the company (“...
China Shipbuilding Technology (600072.SH): Zhou Hui resigns as chairman and general manager
According to Zhitong Financial App, China Shipbuilding Technology (600072.SH) issued an announcement. Recently, the company's board of directors received a written resignation report submitted by Mr. Zhou Hui, the company's chairman and general manager. Due to his age, Mr. Zhou Hui requested the resignation of the company's chairman, general manager, director, and chairman of the Strategy Committee of the Board of Directors.
China Shipbuilding Technology (600072.SH): In the second half of the year, the focus will be on effectively sorting out and integrating new wind power assets
Glonghui, September 7, 丨 China Shipbuilding Technology (600072.SH) said at the performance briefing on September 7, 2023, that with the company's major asset restructuring successfully completing the delivery of underlying assets and registration of new shares, in the second half of the year, the company will focus on effectively sorting out and integrating the new wind power assets, completing the layout of the entire wind power industry chain, and further enhancing the core competitiveness of the company's wind power business.
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