Investors Aren't Buying Allied Machinery Co., Ltd.'s (SHSE:605060) Earnings
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider Allied Machinery Co., Ltd. (SHSE:605060) as a highly attractive investment with its 14.
Lian De Co. Ltd. (605060.SH): Accumulated 30.0154 million yuan to repurchase 0.71% of shares.
On June 4th, GeLongHui reported that LD Holdings (605060.SH) had repurchased 1.708 million shares of the company, accounting for 0.71% of the total share capital, as of May 31, 2024. The highest purchase price was 19.28 yuan/share and the lowest purchase price was 16.31 yuan/share. The total amount paid was 30.0154 million yuan (excluding transaction costs such as stamp duty and transaction commission).
LianDe Corporation (605060.SH) plans to change the intended use of share repurchase to employee stock ownership plan or stock-based incentive.
Unified Electronics Co., Ltd. (605060.SH) released an announcement stating that in order to fully utilize the repurchased shares and attract and retain outstanding management personnel, business backbone, improve employee cohesion, and enhance the company's competitiveness, the company plans to change the use of repurchased shares from the original plan of "maintaining the company's value and shareholder rights and interests" to "employee shareholding plan or stock-based incentive". Apart from this content, no other changes will be made to the repurchase plan.
Zhitong A Share Sale Restriction and Release List | May 9
According to the Zhitong Finance App, the ban on restricted shares of 9 listed companies was lifted on May 9, with a total market value of about 1,244 billion yuan. Today's specific sales restrictions and unbanned shares are as follows: Stock abbreviation, stock code, restricted stock type, number of banned shares, Zhongfu Industrial 600,595 share incentives, 1,585 million, Colon Pharmaceutical 002422, share incentives, 2.24910,000, Dream Lily 603,313 additional A shares, original shareholders placed and listed 85,2878 million, Design Institute 603,357 share incentives, limited circulation, 517.47 Wan Shennong Group 605296 share incentive limited circulation 466.5 million
Liande Co., Ltd. (605060.SH): A total of 1.707 million shares have been repurchased
On May 6, Ge Longhui Co., Ltd. (605060.SH) announced that as of April 30, 2024, the company had repurchased a total of 1.707 million shares, accounting for 0.71% of the company's total share capital. The highest purchase price was 19.28 yuan/share, the lowest price was 16.31 yuan/share, and the total amount paid was 29.9982 million yuan (excluding transaction fees such as stamp duty and transaction commissions).
Liande Co., Ltd. (605060.SH): The Mexican plant is progressing in an orderly manner according to the plan, and the company will strive to start production in the first half of '25
On April 10, Ge Longhui Co., Ltd. (605060.SH) said during a survey by specific targets that in order to meet the needs of downstream customers in the global supply chain, the company's Mexican plant is progressing in an orderly manner according to the plan, and the company will strive to start production in the first half of '25.
Liande Co., Ltd. (605060.SH): The Mingde project is expected to be put into operation in the first half of this year
Gelonghui, April 10 | Liande Co., Ltd. (605060.SH) said during an investigation by a specific target that the Mingde project is the largest production and construction project in the company's history, and the company has been steadily advancing the implementation process of the project. Currently, the main building of the project has basically been completed, and the installation, installation and commissioning of related equipment is progressing steadily. It is expected that production can begin in the first half of this year.
Liande Co., Ltd. (605060.SH): Currently, Liyuan Jinhe's technical improvement project has successfully completed production
Gelonghui, April 10 | Liande Co., Ltd. (605060.SH) said during an investigation by specific subjects that Liyuan Jinhe's technical improvement project has now been successfully completed and has reached a relatively full production state. By establishing a new resin sand casting production line, it collaborates with Liande's existing business to improve resource allocation and utilization efficiency on the basis of the existing business system. This will bring more foundry production capacity to the company and create overall benefits for the company over 23 years. At the same time, the company has also carried out rectification actions such as new customer development and cost control in Liyuan Jinhe's original hydraulic business. This year, Liyuan Jinhe's performance will be superior to that of 23 years
Does Allied Machinery (SHSE:605060) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to rui
Liande Co., Ltd. (605060.SH): It has repurchased a total of 1.3015 million shares at a cost of 23.1061 million yuan
On April 2, Ge Longhui Co., Ltd. (605060.SH) announced that as of March 31, 2024, the company had repurchased a total of 1.3015 million shares, accounting for 0.54% of the company's total share capital. The highest purchase price was 19.28 yuan/share, the lowest price was 16.31 yuan/share, and the total amount paid was 23.1061 million yuan (excluding transaction fees such as stamp duty and transaction commissions).
Allied Machinery (SHSE:605060) Is Reinvesting At Lower Rates Of Return
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other things, we'll want to see two things; firstly, a growing return on capital employe
Liande Co., Ltd. (605060.SH): A total of 437,000 shares have been repurchased
Gelonghui Co., Ltd. (605060.SH) announced on March 1, 2024, that as of February 29, 2024, the company had repurchased 437,000 shares, accounting for 0.18% of the company's total share capital. The highest purchase price was 17.65 yuan/share, the lowest price was 16.31 yuan/share, and the total amount paid was 7.3453 million yuan (excluding transaction fees such as stamp duty and transaction commissions).
Liande Co., Ltd. (605060.SH): Actual controllers Sun Yuan and Zhu Qinghua will not reduce their holdings of the company's shares within 6 months
Gelonghui, Feb. 23 | Liande Co., Ltd. (605060.SH) announced that the company recently received a “Letter of Commitment to Not Reduce the Company's Shares” from actual controllers Mr. Sun Yuan and Ms. Zhu Qinghua. Based on their confidence in the company's future development prospects and recognition of long-term investment value, Mr. Sun Yuan and Ms. Zhu Qinghua voluntarily promised not to reduce their holdings of the company's shares for 6 months from February 23, 2024.
Liande Co., Ltd. (605060.SH): First repurchase of 15,000 shares
On February 23, 2024, Gelonghui Co., Ltd. (605060.SH) announced that on February 22, 2024, 15,000 shares of the company were repurchased for the first time through the Shanghai Stock Exchange system, accounting for 0.006% of the company's total share capital of 241,256,000 shares. The highest price of the repurchase transaction was 16.31 yuan/share, the lowest price was 16.31 yuan/share, and the total amount of capital paid was RMB 244,600 (excluding transaction fees such as stamp duty and transaction commissions).
Liande Co., Ltd. (605060.SH): Plans to spend 30 million yuan to 60 million yuan to buy back shares
On February 20, Gelonghui Co., Ltd. (605060.SH) announced that the company plans to use its own funds to repurchase some of the company's public shares through centralized bidding transactions. The purpose of this share repurchase is to protect the company's value and shareholders' rights. The total amount of shares to be repurchased is not less than RMB 30 million (inclusive) and not more than RMB 60 million (inclusive). Based on the minimum repurchase amount of RMB 30 million and the maximum repurchase price of RMB 23.00 per share, it is estimated that the number of shares that can be repurchased is 1,304,348 shares, accounting for 0.54% of the company's total share capital; the maximum repurchase amount is RMB
Liande Co., Ltd. (605060.SH): Actual controllers Sun Yuan and Zhu Qinghua plan to increase their total shares by 30 million yuan to 50 million yuan
On February 7, Ge Longhui Co., Ltd. (605060.SH) announced that the actual controllers of the company, Mr. Sun Yuan and Ms. Zhu Qinghua, plan to increase their holdings of the company through centralized bidding through the Shanghai Stock Exchange trading system within 6 months from February 7, 2024 (from February 7, 2024 to August 6, 2024). The total amount of this increase is not less than RMB 30 million and no more than RMB 50 million (including the portion already increased). Mr. Sun Yuan increased his public holdings through centralized bidding through the Shanghai Stock Exchange trading system on February 7, 2024
Liande Co., Ltd. (605060.SH) plans to spend no less than 30 million yuan and no more than 60 million yuan to repurchase shares
Liande Co., Ltd. (605060.SH) disclosed a share repurchase plan. The total amount of the company's current repurchase is not less than RMB 30...
Allied Machinery Co., Ltd.'s (SHSE:605060) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Allied Machinery (SHSE:605060) has had a rough three months with its share price down 27%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usua
Liande Co., Ltd. (605060.SH): Plans to extend the fund-raising project “High-precision mechanical parts production and construction project” until 2024
On December 21|Liande Co., Ltd. (605060.SH) announced that on December 21, 2023, the company held the 24th meeting of the 2nd board of directors and the 23rd meeting of the 2nd board of supervisors to review and pass the “Proposal on the Extension of Some Fund-raising Investment Projects”. Based on the actual situation of fund-raising investment projects (hereinafter referred to as “fundraising projects”), the company decided to adjust the date for the “high-precision mechanical parts production and construction project” to reach the intended useable status while keeping the implementation entities, investment purposes and investment scale of the fund-raising projects unchanged, and extended until 2024
Liande Co., Ltd. (605060.SH): Fang Donghui reduced his shares by 0.99% by a total of 0.99%
Gelonghui Co., Ltd. (605060.SH) announced on November 27|Liande Co., Ltd. () announced that as of the date of this announcement, the current holdings reduction plan has expired. Fang Donghui has reduced his holdings of the company's shares by 2,377,260 shares through centralized bidding, accounting for 0.99% of the company's current total share capital. After the implementation of this holdings reduction plan, Fang Donghui held 12,022,740 shares of the company's shares, accounting for 4.98% of the company's total share capital.
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