Caihong Display DevicesLtd's (SHSE:600707) Solid Profits Have Weak Fundamentals
Caihong Display Devices Co.,Ltd. (SHSE:600707) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in the share price. We did some analysis and think that inv
Rainbow Co., Ltd. (600707.SH) announced first-quarter results with net profit of 278 million yuan, turning a year-on-year loss into profit
Rainbow Co., Ltd. (600707.SH) disclosed its report for the first quarter of 2024. The company achieved operating income during the reporting period...
Caihong Display Devices Co.,Ltd. (SHSE:600707) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Caihong Display DevicesLtd (SHSE:600707) has had a great run on the share market with its stock up by a significant 17% over the last three months. But the company's key financial indicators appear
China Galaxy Securities: The industry has entered a traditional peak sales season, and the price rebound trend is clear in some segments of the panel
The Zhitong Finance App learned that China Galaxy Securities released a research report saying that the panel industry has entered the traditional peak sales season, and demand is boosted. At the same time, the supply-side competition pattern has improved, and the overall supply and demand situation is gradually improving. The price rebound trend in some segments in the panel is clear. The industry will usher in structured investment opportunities. It is recommended to focus on large LCD & OLED related companies: BOE A (000725.SZ); it is recommended to focus on large-size LCD related companies: Rainbow (600707.SH); it is recommended to focus on OLED-related companies: Vicente (002387.SZ), Shentianma A (000050
Rainbow Co., Ltd. (600707.SH): Net profit of 661 million yuan in 2023 turned a year-on-year loss into profit
On April 19, Ge Longhui Co., Ltd. announced its 2023 annual report. During the reporting period, it achieved operating income of 11.465 billion yuan, an increase of 27.86% over the previous year; net profit attributable to shareholders of listed companies of 661 million yuan, turning a year-on-year loss into a profit; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 361 million yuan; and basic earnings per share of 0.18 yuan. 600707.SH
SDIC Securities: The OLED industry continues to catalyze domestic replacement of upstream equipment materials and is expected to benefit
On the demand side, the penetration rate of OLED panels in smartphones is gradually increasing, and penetration is accelerating from high-end models to mid-range and low-end models.
Caihong Display Devices Co.,Ltd.'s (SHSE:600707) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Despite an already strong run, Caihong Display Devices Co.,Ltd. (SHSE:600707) shares have been powering on, with a gain of 26% in the last thirty days. Looking back a bit further, it's encouraging
Dongwu Securities: Panel prices rose across the board in March, and the profitability and sustainability of leading panel manufacturers are expected to gradually improve
As industry concentration is further skewed towards mainland Chinese manufacturers, the LCD panel industry's cyclical attributes weaken and growth attributes increase. In the short term, as demand drives up prices and operating rates, the profitability and sustainability of leading panel manufacturers are expected to gradually improve.
Minsheng Securities: Panel prices continue to rise, and the supply-side pattern is further clarified
Both supply and demand are stimulated, and the global TV panel market is still showing a dynamic tight supply and demand situation.
Guojin Securities: The Q2 price increase for large-size panels is expected to continue in the long run, depending on the LCD supply and demand pattern improving
The Zhitong Finance App learned that Guojin Securities released a research report stating that according to TrendForce data, looking back at 2023 panel prices, early October was the highest TV panel price in 2023. The average price of 65-inch/55-inch/43-inch/32-inch TV panels in early October 2023 was 169 US dollars/126 US dollars/66 US dollars/38 US dollars, respectively. In late March '24, the price of 65/ 55 inch had already surpassed the high of 2023. On the supply side, the competitive pattern in the LCD panel industry is stable, and domestic price alliances continue. It is expected that panel manufacturers will continue to rationally adjust operation and control
Caihong Display DevicesLtd (SHSE:600707) Shareholders Have Earned a 30% Return Over the Last Year
Passive investing in index funds can generate returns that roughly match the overall market. But you can significantly boost your returns by picking above-average stocks. To wit, the Caihong Display
Caihong Display Devices to Return to Profit in 2023
Caihong Display Devices (SHA:600707) expects to book a net profit attributable to the owners of between 560 million yuan to 680 million yuan in 2023, turning around from the year-ago loss of 2.66 bill
The Market Doesn't Like What It Sees From Caihong Display Devices Co.,Ltd.'s (SHSE:600707) Revenues Yet
You may think that with a price-to-sales (or "P/S") ratio of 2.1x Caihong Display Devices Co.,Ltd. (SHSE:600707) is a stock worth checking out, seeing as almost half of all the Electronic companies in
CLP Rainbow, the main shareholder of Rainbow Co., Ltd. (600707.SH), pledges 350 million shares
Zhitong Finance App News, Rainbow Co., Ltd. (600707.SH) announced that Xianyang CLP Rainbow Group Holdings Co., Ltd. (“CLP Rainbow”), a shareholder holding more than 5% of the company's shares, pledged 350 million shares of the company (accounting for 9.75% of the company's total share capital).
Rainbow Co., Ltd. (600707.SH): CLP Rainbow lifted the pledge of 350 million shares of the company
According to the Zhitong Finance App, Rainbow Co., Ltd. (600707.SH) issued an announcement. CLP Rainbow, a shareholder holding 5% or more of the shares, originally pledged 350 million shares (accounting for 9.75% of the total share capital) of China Electronic Finance Co., Ltd. with unlimited sales conditions and completed the procedure for canceling the securities pledge registration.
Here's Why Caihong Display DevicesLtd (SHSE:600707) Can Afford Some Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
[BT Financial Report Instantaneous Analysis] Rainbow Stock's 2023 Three-Quarter Report: Operating income increased by 32.48%, net profit turned a loss into a profit, and net cash flow decreased by 26.10%
This earnings announcement time: 2023-10-26 15:55:44 Rainbow Co., Ltd. (stock code: 600707) is an enterprise focusing on R&D, production and sales of substrate glass and display panels. The company has established the world's only “panel+board” industrial layout with the linkage effect of upstream and downstream industries, and has become a leading enterprise in localized high-end manufacturing in China's new display industry. In terms of assets and liabilities, the total assets of Rainbow Co., Ltd. in the third quarter of 2023 were 39.536 billion yuan, a slight decrease from 40.754 billion yuan at the end of the previous year. Total liabilities were $19.437 billion
Rainbow Co., Ltd. (600707.SH): Net profit of 576 million yuan for the third quarter
Glonghui, Oct. 26, 丨 Rainbow Co., Ltd. (600707.SH) announced its report for the third quarter of 2023. Operating income for the reporting period was 3.367 billion yuan, up 66.81% year on year; net profit attributable to shareholders of listed companies was 576 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 544 million yuan; basic earnings per share were 0.160 yuan/share.
While Caihong Display DevicesLtd (SHSE:600707) Shareholders Have Made 32% in 1 Year, Increasing Losses Might Now Be Front of Mind as Stock Sheds 8.6% This Week
It hasn't been the best quarter for Caihong Display Devices Co.,Ltd. (SHSE:600707) shareholders, since the share price has fallen 13% in that time. But looking back over the last year, the returns
[Instant Analysis of BT Financial Report] Rainbow Co., Ltd.'s 2023 Interim Report: Revenue has increased significantly, net profit has improved, and the substrate glass business is progressing steadily
Rainbow Co., Ltd. (stock code: 600707) is a company that specializes in R&D, production and sales of substrate glass and display panels. It has established the world's only “panel+substrate” industrial layout with a linkage effect between upstream and downstream industries, and has become a leading enterprise in localized high-end manufacturing in China's new display industry. In the first half of 2023, global consumer demand for TV terminals gradually recovered, panel manufacturers' business strategies shifted to on-demand production, and TV panel prices began to rise. Under such a general environment, Rainbow Co., Ltd.'s financial situation has undergone some changes. Let's take a detailed explanation below. First, let's start with the balance sheet situation
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