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China Resources and Environment (600217.SH): Government acquires assets of subsidiary's old plant area.
China Resources and Environment (600217.SH) announced that its wholly-owned subsidiary, Shandong China Green Resources Recycling Co., Ltd.'s property assets located in the old factory area of Shandong will be requisitioned by the local government. Shandong will receive a compensation of 74,835,138 yuan, and it is expected to increase the company's profit and loss by about 50 million yuan. The specific accounting treatment, amount and income attribution period shall be subject to the results of work progress and the confirmation of the auditor.
China Resources and Environment (600217.SH) received government subsidies of 14.35 million yuan.
China Resources and Environment (600217.SH) announced on June 4th that its wholly-owned subsidiary and its branches received various government subsidies totaling RMB 14,354,749.94 in May 2024 according to national and local government documents. All subsidies are related to revenue and account for 21.69% of the net income attributed to shareholders of the listed company in 2023, as audited.
China Asset Management (600217.SH): No decommissioned power battery business
Gelonghui, May 8, 丨 China Refinance (600217.SH) said on the investor interactive platform that currently the company is mainly engaged in the recycling of waste electrical and electronic products and integrated waste disposal business in industrial industrial parks, and is not engaged in decommissioned power battery business.
China Finance Circle (600217.SH): Received a government subsidy of 9.544,500 yuan
On May 7, GLONGHUI (600217.SH) announced that the Company's wholly-owned subsidiaries and branches received a total of 9.544,500 yuan of various government grants in April 2024 in accordance with the documents of national and domicile government departments, all of which were revenue-related government subsidies, accounting for 14.42% of the Company's net profit attributable to shareholders of listed companies as audited in 2023.
China Resources and EnvironmentLtd's (SHSE:600217) Performance Is Even Better Than Its Earnings Suggest
China Resources and Environment Co.,Ltd. (SHSE:600217) just reported healthy earnings but the stock price didn't move much. Our analysis suggests that investors might be missing some promising detail
Should You Be Worried About China Resources and Environment Co.,Ltd.'s (SHSE:600217) 3.0% Return On Equity?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learni
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