GGDVY GUANGDONG INVEST
- 26.080
- +1.820+7.50%
GUANGDONG INVEST News
Guangdong Investment (HKG:270) Could Be Struggling To Allocate Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'll want to see a proven return on capital employed (R
Guangdong Investment announced first-quarter results. Profit attributable to shareholders of HK$1,272 billion decreased by 0.9% year-on-year
Guangdong Investment (00270) announced results for the three months ended March 31, 2024. The group achieved revenue of HK$6.389 billion during the period, an increase of 19.8% over the previous year; profit attributable to shareholders was HK$1,272 billion, a decrease of 0.9% over the previous year. According to the announcement, the increase in revenue is mainly due to the increase in revenue from property investment and business development.
Guangdong Investment (00270.HK)'s profit before tax in the first quarter (excluding changes in fair value of investment properties) increased by 11.7% to HK$1,936 billion
Gelonghui, April 25 | Guangdong Investment (00270.HK) announced that for the three months ended March 31, 2024, the Group's unaudited consolidated revenue was HK$6.389 billion, an increase of 19.8% over the same period last year. The increase in revenue is mainly due to increased revenue from property investment and business development. Unaudited comprehensive profit before tax (excluding changes in fair value of investment properties) increased by 11.7% to HK$1,936 million during the period, mainly due to the steady growth of water resources business and power generation business, which offset the decline in profits from property investment and development businesses and the decline in the RMB exchange rate against the Hong Kong dollar by 3 compared to the same period last year.
粵海投資：截至2024年3月31日止三個月未經審核財務資料
粵海投資：2023年報
Announcement of Guangdong Investment (00270.HK) holding a board meeting on April 25 to consider and approve financial data for the first quarter
Gelonghui, April 15, 丨 Guangdong Investment (00270.HK) announced that the company will hold a board meeting on April 25, 2024 (Thursday) to consider and approve (including) the announcement of the unaudited financial data of the company and its subsidiaries for the three months ended March 31, 2024.
GUANGDONG INV: Date of Board Meeting
Guangdong Investment (00270.HK) has a steady performance, and there is no need to be alarmed about short-term dividend adjustments
Recently, Guangdong Investment made adjustments to dividends at the same time as announcing results. Affected by this, there were obvious shocks in the capital market. As a proper leader in the Hong Kong stock market in the past, Guangdong Investment has always been known for its steady operation and continues to maintain high dividends to give back to shareholders. Now, once it has changed its attitude of positive dividends in the past, the market reaction is actually understandable. But how exactly should we view this change in the company? Perhaps the answer can be found in financial reports. 1. The basic market is still strong. Looking at the overall performance level, Guangdong Investment's revenue increased slightly in the past year, but profits declined to a certain extent. According to the data, 202
Growth of diversified parent company in Guangdong Hai investment business reflects confidence in the company's prospects
HONG KONG, APRIL 2, 2024/NEWS/-- TUNG JIANG WATER SUPPLIER GUANGHAI INVESTMENT (0270.HK) RECENTLY RELEASED ITS 2023 ANNUAL RESULTS WITH COMBINED REVENUES OF HK$242 BILLION, UP 4.3% YEAR-ON-YEAR. The final dividend of HK$12.33 cents per share and 31.04 cents a full year. In addition to sufficient funds for business expansion and operational retention, it also provides shareholders with stable and sustainable returns for the long-term health of the company. The core water resources business continues to expand. Guangdong Investment has a diverse business segment, while the Central East River Water business provides a stable source of income for the company. Hong Kong during the year, deep
Guangdong Investment Limited (HKG:270) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough
Unfortunately for some shareholders, the Guangdong Investment Limited (HKG:270) share price has dived 28% in the last thirty days, prolonging recent pain. For any long-term shareholders, the last m
Guangdong Investment (00270) was increased by 14.258 million shares by the controlling shareholder Guangdong Holdings
According to Zhitong Finance App, Guangdong Investment (00270) announced that on March 28, 2024, the company was notified by Guangdong Yuehai Holding Group Co., Ltd. (Guangdong Holdings), the company's ultimate controlling shareholder, that its wholly-owned subsidiary Guangdong Holding Group Limited (Hong Kong Guangdong) had increased its shares by 14.258 million shares in the open market at an average price of about HK$3.51 per share from March 26, 2024 to March 28, 2024. Following the increase in holdings mentioned above, Guangdong Holdings and Hong Kong Guangdong Hai increased their shares in the company to approximately 3.708 billion shares on the date of this announcement. The shareholding ratio has changed from
Changes in Hong Kong stocks | Guangdong Investment (00270) fell more than 4% to a new low during the renewal phase, annual dividend payouts unexpectedly cut back, Citi lowered its rating and target price
The Zhitong Finance App learned that Guangdong Investment (00270) fell by more than 4%, hitting a new low of HK$3.29 in the intraday period. As of press release, it decreased by 4.29% to HK$3.35, with a turnover of HK$116 million. According to the news, Guangdong Investment achieved revenue of HK$24.2 billion in 2023, an increase of 4.3%; profit attributable to the owners of the company was HK$3.122 billion, a year-on-year decrease of 34.5%; it plans to pay a final dividend of HK12.33 cents per share. The above dividend plus the interim dividend already paid in October 2023 is HK18.71 cents per share. The total annual dividend was 31 per share.
Earnings Miss: Guangdong Investment Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts
Shareholders in Guangdong Investment Limited (HKG:270) had a terrible week, as shares crashed 27% to HK$3.50 in the week since its latest yearly results. Statutory earnings per share of HK$0.48
Citibank: Lowering Guangdong Investment Rating to “Neutral” Target Price to HK$4
Citigroup released a research report saying that considering the decline in dividend visibility of Guangdong Investment (00270), the rating was downgraded from “buy” to “neutral”, the net profit forecast for 2024-25 was lowered by 23% to 25%, and the target price was drastically lowered by 35% to HK$4 from HK$6.2. The industry's preferred stock was Yangtze River Infrastructure (01038). The bank explained that Guangdong Investment's subsidiary Guangdong Land (00124) China's real estate development project recorded an impairment loss of 1.8 billion yuan last year, reducing the net book value of the property to 32.8 billion yuan. The bank expects it to record more impairment losses this year. Also, Guangdong Investment cannot be 65% sure
Citibank: Lowering Guangdong Investment (00270) rating to “neutral” target price to HK$4
Citigroup's preferred stock is Yangtze River Infrastructure (01038).
Changes in Hong Kong stocks | Guangdong Investment (00270) fell by nearly 5%, Citi says the company's final interest rate fell below expectations and is expected to continue to lower the dividend ratio
The Zhitong Finance App learned that Guangdong Investment (00270) fell by nearly 5%. As of press release, it was down 4.7% to HK$3.65, with a turnover of HK$158 million. According to the news, Guangdong Investment announced its 2023 annual results. The group obtained revenue of HK$24.2 billion, an increase of 4.3%; profit attributable to the owners of the company was HK$3.122 billion, a year-on-year decrease of 34.5%; and plans to pay a final dividend of HK12.33 cents per share. This dividend plus the interim dividend already paid in October 2023 was HK18.71 cents per share. The total dividend for the year was HK31.04 cents per share, 2022
Guangdong Investment (HKG:270) Stock Falls 21% in Past Week as Five-year Earnings and Shareholder Returns Continue Downward Trend
We think intelligent long term investing is the way to go. But along the way some stocks are going to perform badly. For example, after five long years the Guangdong Investment Limited (HKG:270) sha
GUANGDONG INV To Go Ex-Dividend On June 26th, 2024 With 0.1233 HKD Dividend Per Share
March 26th - $GUANGDONG INV(00270.HK)$ is trading ex-dividend on June 26th, 2024. Shareholders of record on June 27th, 2024 will receive 0.1233 HKD dividend per share on July 25th, 2024. The ex-di
Guangdong Investments' Profit Falls 35% on Higher Operating Expenses
Guangdong Investments' (HKG:0270) attributable profit fell 34.5% to HK$3.12 billion in 2023 from HK$4.76 billion in 2022, according to a Tuesday filing with the Hong Kong bourse. The infrastructure co
Hong Kong stocks closed (03.26) | Hang Seng Index closed up 0.88%, auto and domestic housing stocks, etc. Active, Tencent (00700) closed up nearly 4%, leading the way for Technet stocks
The three major indices of the Hong Kong stock market fluctuated and declined after opening high in early trading, and collectively rallied higher in the afternoon. Among them, the Hengke Index rose 1.7% at one point, but the increase narrowed at the end of the session. At the close, the Hang Seng Index rose 0.88% or 144.68 points to 16618.32 points.
Analysis
Price Target
No Data
