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Novoray (SHSE:688300) Strong Profits May Be Masking Some Underlying Issues
Following the solid earnings report from Novoray Corporation (SHSE:688300), the market responded by bidding up the stock price. Despite this, our analysis suggests that there are some factors weakeni
Simply Wall StMay 2 20:57 ET
Is Novoray Corporation's (SHSE:688300) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Most readers would already be aware that Novoray's (SHSE:688300) stock increased significantly by 34% over the past three months. Since the market usually pay for a company's long-term fundamentals,
Simply Wall StMay 1 20:54 ET
Estimating The Intrinsic Value Of Jiangsu Pacific Quartz Co., Ltd (SHSE:603688)
Key Insights Jiangsu Pacific Quartz's estimated fair value is CN¥80.34 based on Dividend Discount Model Current share price of CN¥86.98 suggests Jiangsu Pacific Quartz is potentially trading close t
Simply Wall StApr 30 01:23 ET
Suotong Development (603612.SH) announced first-quarter results with a net loss of 42.466 million yuan
According to Zhitong Finance App News, Suotong Development (603612.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 3.106 billion yuan, a year-on-year decrease of 26.44%; net loss attributable to shareholders of listed companies of 42.466 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 63.06 million yuan; and a basic loss of 0.08 yuan per share.
Zhitong FinanceApr 29 12:27 ET
Changjiang Materials (001296.SZ): Plans to invest 300 million yuan to build a new project with an annual output of 3 million tons of scrubbing sand
Gelonghui, April 29丨Changjiang Materials (001296.SZ) announced that in order to further enhance the company's raw sand resource security and enhance overall competitiveness, the company's wholly-owned subsidiary, Zhangwu Yangtze River Mining Processing Co., Ltd. (hereinafter referred to as “Zhangwu Mining”), plans to invest in a new project with an annual output of 3 million tons of scrubbing sand. The total investment of the project is estimated at RMB 300,000. The investment in the construction of the above projects is based on the company's future development needs. After the project is completed and put into operation, it will further enhance the company's ability to guarantee and supply raw sand resources, provide a stable guarantee for the company's raw sand supply, and have a positive impact on improving the company's core competitiveness, in line with
Gelonghui FinanceApr 29 11:28 ET
Quartz Co., Ltd. (603688.SH): Net profit of 158 million yuan in the first quarter decreased by 80.70% year-on-year
On April 29, Ge Longhui Co., Ltd. (603688.SH) released its report for the first quarter of 2024, achieving operating income of 394 million yuan, a year-on-year decrease of 67.82%; net profit attributable to shareholders of listed companies of 158 million yuan, a year-on-year decrease of 80.70%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 164 million yuan, a year-on-year decrease of 79.74%; and basic earnings per share of 0.44 yuan.
Gelonghui FinanceApr 29 07:25 ET