603110 New East New Materials
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New East New Materials News
Retail Investors Are New East New Materials Co., Ltd's (SHSE:603110) Biggest Owners and Were Hit After Market Cap Dropped CN¥404m
Key Insights The considerable ownership by retail investors in New East New Materials indicates that they collectively have a greater say in management and business strategy The top 9 shareholders o
Oriental Materials (603110.SH): 2.6045 million yuan in the first quarter decreased by 41.79% year-on-year
On April 25, Ge Longhui (603110.SH) released its report for the first quarter of 2024, achieving operating income of 884.654 million yuan, an increase of 5.84%; net profit attributable to shareholders of listed companies of 2,604,500 yuan, a year-on-year decrease of 41.79%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of RMB 2,464,300, a year-on-year decrease of 30.41%; and basic earnings per share of 0.01 yuan.
Some New East New Materials Co., Ltd (SHSE:603110) Shareholders Look For Exit As Shares Take 28% Pounding
Unfortunately for some shareholders, the New East New Materials Co., Ltd (SHSE:603110) share price has dived 28% in the last thirty days, prolonging recent pain. The drop over the last 30 days has
There Are Some Holes In New East New Materials' (SHSE:603110) Solid Earnings Release
Shareholders didn't seem to be thrilled with New East New Materials Co., Ltd's (SHSE:603110) recent earnings report, despite healthy profit numbers. Our analysis has found some concerning factors whi
These Return Metrics Don't Make New East New Materials (SHSE:603110) Look Too Strong
What underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of both return on capital employed (ROCE) declining and this usually coincides with
Oriental Materials (603110.SH) subsidiary plans to invest in Lu'an Company to promote the intelligent computing center project
Oriental Materials (603110.SH) issued an announcement. In order to accelerate the implementation of the Lu'an Intelligent Computing Center project, the company's wholly-owned subsidiary...
Oriental Materials (603110.SH) announced its 2023 annual results, with net profit of 52.02 million yuan, an increase of 163.84% year-on-year
According to Zhitong Finance App News, Oriental Materials (603110.SH) disclosed its 2023 annual report. The company achieved revenue of 394 million yuan in 2023, a year-on-year decrease of 2.63%; net profit to mother of 52.02 million yuan, an increase of 163.84%; deducted non-net profit of 6.35 million yuan, a year-on-year decrease of 8.27%; and basic earnings per share of 0.26 yuan. In 2023, net profit attributable to owners of the parent company was 520.57 million yuan, an increase of 163.84% over the same period of the previous year. The basic earnings per share were 0.26 yuan/share, an increase of 160.00% over the same period of the previous year, diluted
Oriental Materials (603110.SH): Signed a 90 million yuan computing power service order with China Mobile Lu'an Branch
Gelonghui, Feb. 8: Oriental Materials (603110.SH) said on an interactive platform that since October 2023, the company has received a number of small test orders. Up to now, the company has signed a 90 million yuan computing power service order with China Mobile's Lu'an Branch. Subsequent potential orders are being actively promoted.
Oriental Materials (603110.SH): Net profit is expected to increase by 152.6% to 203.32% year-on-year in 2023
Gelonghui, January 19 | Oriental Materials (603110.SH) announced that according to preliminary estimates by the financial department, net profit attributable to shareholders of listed companies is expected to be 49.8 million yuan to 59.8 million yuan in 2023. Compared with the same period last year, it will increase 30.08 million yuan to 40.08 million yuan, an increase of 152.60% to 203.32% over the previous year. It is expected to achieve net profit of 4.5 million yuan to 6.5 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies in 2023. Compared with the same period last year, it will decrease 2.42 million yuan to 420,000 yuan, a year-on-year decrease of 34.97 million yuan
Is New East New Materials Co., Ltd's (SHSE:603110) Recent Performance Underpinned By Weak Financials?
New East New Materials (SHSE:603110) has had a rough three months with its share price down 26%. Given that stock prices are usually driven by a company's fundamentals over the long term, which in t
Oriental Materials's acquisition of Huawei-related companies failed, and many important shareholders reduced their holdings by more than 100 million yuan in total
“Investor Network” Jordan recently announced that Oriental Materials (603110.SH) will terminate the acquisition of 51% of TD TECH HOLDING LIMITED (hereinafter referred to as “TD TECH”) shares, reached a settlement with Nokia, and terminated the transaction. This decision marks a major setback for Oriental Materials in its quest for diversification and technological transformation. Oriental Materials specializes in the production and sale of flexible packaging inks, polyurethane adhesives, and PCB electronic inks. However, in recent years, changes in the macro environment have put tremendous pressure on the company's main business. According to financial data, the company's recent
Getting In Cheap On New East New Materials Co., Ltd (SHSE:603110) Is Unlikely
When you see that almost half of the companies in the Chemicals industry in China have price-to-sales ratios (or "P/S") below 2.2x, New East New Materials Co., Ltd (SHSE:603110) looks to be giving off
Oriental Materials (603110.SH): It has received a total of 54 million yuan in collected compensation
Gelonghui, December 25 | Oriental Materials (603110.SH) announced that the company held the fourth meeting of the 5th board of directors on October 27, 2021, and held the 4th Extraordinary General Meeting of Shareholders in 2021 on November 12, 2021 to review and pass the “Proposal on the Government's Expropriation of Part of the Company's Assets”. The real estate owned by the company located at 101 Huangjiao Road, Huangyan District, Taizhou has been included in the scope of expropriation by the government. The company expects to receive levy compensation of a total price of 8697.31.58 million yuan. As of the disclosure date of this announcement, the company has received a total of 54 million yuan in levy compensation, and
Oriental Materials (603110.SH): Ending the issuance of A-shares to specific targets in 2023
Gelonghui announced on December 19|Oriental Materials (603110.SH) announced that since announcing its plan to issue shares to specific targets, the company has been actively promoting related work with intermediaries. Recently, the company plans to sign a “Settlement Agreement” with Nokia Solutions and Networks GmbH & Co.kg for the acquisition of 51% of TDTECH HOLDING LIMITED's shares and related disputes. Both parties confirm the termination of this transaction, and both parties have withdrawn, relinquished and exempted
Investors More Bullish on New East New Materials (SHSE:603110) This Week as Stock Rises 7.6%, Despite Earnings Trending Downwards Over Past Five Years
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company that is really flourishing, you can make more tha
New East New Materials to Boost Subsidiary's Capital by 190 Million Yuan
New East New Materials (SHA:603110) plans to boost the capital of its wholly-owned subsidiary Oriental Supercomputer (Shenzhen) Technology by 190 million yuan, according to a filing on Tuesday. The un
Oriental Materials (603110.SH): Plans to increase capital by 190 million yuan to Dongfang
On November 20, Gelonghui (603110.SH) announced that according to the company's strategic transformation plan and the business development needs of Oriental Supercomputing, a wholly-owned subsidiary, the company plans to increase capital by 190 million yuan to Dongfang Supercomputing. After the capital increase is completed, Dongfang Supercomputing's registered capital will increase to 200 million yuan, and it will remain a wholly-owned subsidiary of the company. The company completed the actual payment of the original registered capital of Dongfang Supercomputing of RMB 10 million on September 20, 2023. The proposed capital increase of 190 million yuan will be gradually invested depending on the signing of future orders. Oriental Supercomputing was founded on August 21, 2023, and is currently in production
Guosheng Securities: Nvidia (NVDA.US) officially launched the H200 proposal to actively focus on the subsequent development of the computing power sector
AI applications are growing rapidly and iteratively. Demand for computing power has not peaked, supply-side benefits are frequent, emerging businesses are booming, and investor sentiment is high. Currently, we should actively pay attention to the subsequent development of the computing power sector.
Individual Investors Are New East New Materials Co., Ltd's (SHSE:603110) Biggest Owners and Were Hit After Market Cap Dropped CN¥429m
Key Insights New East New Materials' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public 50% of the business is held by t
Soochow Securities: Computing power scheduling is an inevitable trend in a new era of computing power construction, and all links in the industrial chain are expected to fully benefit
Computing power scheduling is similar to power scheduling.
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