600710 Sumec Corporation
- 8.19
- -0.26-3.08%
Sumec Corporation News
Sumeda (600710.SH): By the end of 2023, the company's shipbuilding business had 66 orders, and the orders were scheduled until the end of 2026
Gelonghui, May 22丨Sumeda (600710.SH) said on the investor interactive platform that according to the “2023 Annual Report” disclosed by the company, by the end of 2023, the company's shipbuilding business had 66 orders in progress, and the orders were scheduled until the end of 2026.
Sumeda (600710.SH): Exports more than 1,300 used vehicles in 2023, ranking first in Jiangsu Province
Gelonghui, May 14 | Sumeda (600710.SH) said on the investor interactive platform that Jiangsu Sumeda Technology Equipment Co., Ltd., a subsidiary of the company, was officially approved to launch the used car export business in June 2021, becoming one of the first 5 enterprises in Nanjing to obtain used car export qualifications. In 2023, more than 1,300 used vehicles were exported, ranking first in Jiangsu Province. This business accounts for a small share of revenue and profit in the company's overall business, and has not had a significant impact on the company's operations. Please be aware of investment risks.
Is Sumec Corporation Limited's (SHSE:600710) Latest Stock Performance A Reflection Of Its Financial Health?
Sumec (SHSE:600710) has had a great run on the share market with its stock up by a significant 15% over the last three months. Since the market usually pay for a company's long-term fundamentals, we
Sumeda (600710.SH) reported first-quarter results, net profit of 266 million yuan, up 5.09% year on year
According to the Zhitong Finance App, Sumeda (600710.SH) released its report for the first quarter of 2024, achieving revenue of 23.745 billion yuan, a year-on-year decrease of 23.41%. Achieved net profit of 266 million yuan attributable to shareholders of listed companies, an increase of 5.09% over the previous year. Achieved net profit of 231 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 4.85% over the previous year.
Sumec (SHSE:600710) Is Posting Promising Earnings But The Good News Doesn't Stop There
Sumec Corporation Limited's (SHSE:600710) recent earnings report didn't offer any surprises, with the shares unchanged over the last week. We did some analysis to find out why and believe that invest
Sumeda (600710.SH): Received 45.2120 million yuan in government subsidies in the first quarter
Gelonghui, April 18 | Sumeda (600710.SH) announced that from January to March 2024, the company and its subsidiaries received a total of RMB 45.212 million (unaudited) in various government grants, accounting for 4.39% of the company's most recent audited net profit attributable to shareholders of listed companies.
Sumeda (600710.SH): The subsidiary plans to apply for registration of no more than 2 billion yuan of medium-term notes
Gelonghui, April 12 | Sumeda (600710.SH) announced that Jiangsu Sumeda Group Co., Ltd. (referred to as “Sumeda Group”), a wholly-owned subsidiary of the company, intends to apply to the China Interbank Market Dealers Association for a medium-term note quota of no more than 2 billion yuan (including 2 billion yuan).
Sumeda (600710.SH): Net profit increased 12.80% year-on-year in 2023, and plans to split 10 to 3.3 yuan
On April 12, Ge Longhui (600710.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 122.981 billion yuan, a year-on-year decrease of 12.87%; net profit attributable to shareholders of the parent company was 1.03 billion yuan, up 12.80% year on year; net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss was 832 million yuan, up 9.05% year on year; and basic earnings per share were 0.79 yuan. The company plans to distribute a cash dividend of 3.30 yuan (tax included) for every 10 shares.
Investors Shouldn't Overlook The Favourable Returns On Capital At Sumec (SHSE:600710)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Typically, we'll want to notice a trend of growing return on capital employed (RO
Investors Aren't Buying Sumec Corporation Limited's (SHSE:600710) Earnings
With a price-to-earnings (or "P/E") ratio of 10.1x Sumec Corporation Limited (SHSE:600710) may be sending very bullish signals at the moment, given that almost half of all companies in China have P/E
Is Sumec (SHSE:600710) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' It's only natural to consider a company's balance sheet wh
Southwest Securities: The shift from ship prices to demand pricing is optimistic about the profit elasticity of Chinese shipyards in the new shipbuilding cycle
Global shipyard production capacity has been tightened, and ship prices have changed to demand pricing rather than supply pricing. We are optimistic about the profitability of Chinese shipyards in the new shipbuilding cycle.
Sumeda (600710.SH) appoints Zhang Xin as head of finance
Sumeda (600710.SH) announced that the board of directors recently received the company's deputy general manager, financial director, and board secretary...
Sumeda (600710.SH) performance report: 2023 net profit of 1,029 billion yuan, up 12.82% year-on-year
Gelonghui, January 29丨Sumeda (600710.SH) announced its 2023 annual results report. During the reporting period, the company achieved operating income of 122,963 billion yuan; net profit attributable to shareholders of listed companies was 1,029 billion yuan, an increase of 12.82% over the previous year. Among them, the industrial chain sector vigorously explores the domestic market on the basis of stabilizing overseas markets. Through continuous product development and innovation, and firm green development, the industrial chain sector further exploits advantages and value to help the company develop steadily.
Are Strong Financial Prospects The Force That Is Driving The Momentum In Sumec Corporation Limited's SHSE:600710) Stock?
Sumec's (SHSE:600710) stock is up by a considerable 7.1% over the past week. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance in
Sumeda (600710.SH): Received 378.972 million yuan in government subsidies in the fourth quarter
Gelonghui, January 18 | Sumeda (600710.SH) announced that from October to December 2023, Sumeda Co., Ltd. and its subsidiaries received a total of RMB 37.8972 million in various government grants, accounting for 4.14% of the company's latest audited net profit attributable to shareholders of listed companies.
Sumeda (600710.SH): No automotive tire production business
Gelonghui, January 16丨Sumeda (600710.SH) said on the investor interactive platform that the company has no automobile tire production business.
Sumeda (600710.SH): The company mainly increases the level of gross margin by adjusting the product structure and business structure
Gelonghui, January 2丨Sumeda (600710.SH)'s recent investor relations activity record table shows that the company mainly adjusts the product structure and business structure to raise the level of gross margin and drive steady profit growth. In recent years, on the one hand, the company's supply chain sector has continuously adjusted its product structure according to market demand to actively trade products with high added value and high gross profit; on the other hand, the company's supply chain sector is committed to providing customers with integrated supply chain solutions integrating “technology introduction, resource supply, product distribution, and logistics services”, which will also help improve the company's profitability in this sector
The Total Return for Sumec (SHSE:600710) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long ter
Southwest Securities: The transformation of green and low-carbon shipping accelerates shipbuilding or ushers in a new explosion
The production capacity of global shipyards has been tightened and is less than demand. Under limited production capacity, ship prices have switched to demand pricing rather than supply pricing, which is optimistic about the profit elasticity of Chinese shipbuilders in the new round of shipbuilding cycles.
Analysis
Price Target
No Data
