Investors Can Find Comfort In People.cn's (SHSE:603000) Earnings Quality

Shareholders appeared unconcerned with People.cn CO., LTD's (SHSE:603000) lackluster earnings report last week. We did some digging, and we believe the earnings are stronger than they seem. SHSE:6

Simply Wall StMay 2 18:09 ET

People's Daily News (603000.SH): Net loss of 18.064,900 yuan in the first quarter

On April 25, Ge Longhui (603000.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 323 million yuan, a year-on-year decrease of 2.81%; net profit attributable to shareholders of listed companies - RMB 18.064,900; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - RMB 18.915 million; and basic earnings per share - 0.02 yuan.

Gelonghui FinanceApr 25 04:25 ET

Should Weakness in People.cn CO., LTD's (SHSE:603000) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

With its stock down 18% over the past month, it is easy to disregard People.cn (SHSE:603000). But if you pay close attention, you might find that its key financial indicators look quite decent, whic

Simply Wall StApr 18 01:52 ET

People.cn's 2023 Profit, Operating Income Rise 7%

People.cn (SHA:603000) or People's Daily Online's attributable profit rose 6.6% to 331.2 million yuan in 2023 from 310.7 million yuan in 2022, according to a Thursday filing with the Shanghai bourse.

MT NewswiresApr 17 20:59 ET

People's Daily News (603000.SH): Net profit in 2023 increased 6.62% year-on-year, and plans to distribute 1.69 yuan to 10 shares

On April 17, Ge Longhui (603000.SH) released its 2023 annual report, with operating revenue of 2.115 billion yuan, up 6.95% year on year, net profit of 331 million yuan, up 6.62% year on year, after deducting non-net profit of 296 million yuan, up 89.02% year on year, with basic earnings per share of 0.30 yuan. The company plans to distribute a cash dividend of RMB 1.69 for every 10 shares to all shareholders.

Gelonghui FinanceApr 17 05:07 ET

People.cn CO., LTD's (SHSE:603000) 28% Share Price Surge Not Quite Adding Up

People.cn CO., LTD (SHSE:603000) shares have had a really impressive month, gaining 28% after a shaky period beforehand. Looking back a bit further, it's encouraging to see the stock is up 68% in t

Simply Wall StMar 22 19:17 ET