SHZHY Shenzhou International Group Holdings Limited Unsponsored ADR
- 8.050
- +0.500+6.62%
Shenzhou International Group Holdings Limited Unsponsored ADR News
Hong Kong stock market | shenzhou international group holdings limited unsponsored adr (02313) rose nearly 5%, the overall capacity utilization rate of the company has improved, and institutions remain confident in its profitability.
Shenzhou International Group Holdings Limited (02313) rose nearly 5% and as of the time of writing, it increased by 4.88% to HKD 62.35 with a turnover of HKD 0.408 billion.
Hong Kong stocks rebounded in sporting goods stocks, with multiple stocks rising more than 4%. The General Administration of Sports proposed to cultivate more world-class sports enterprises.
Sporting goods stocks continued to rebound recently. As of press time, Shenzhou International Group Holdings Limited unsponsored ADR (02313) rose 4.22% to HK$59.3; Li Ning (02331) rose 4.55% to HK$13.8; Xtep Int'l (01368) rose 4.07% to HK$4.6; Anta Sports (02020) rose 2.49% to HK$72.15.
Shenzhou International Group Holdings Limited's (HKG:2313) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Hong Kong stocks fluctuate | Shenzhou International (02313) falls more than 5% again, topsports issues a profit warning indicating the industry downturn. Credit Suisse previously stated that the company may lower its sales guidance.
Shenzhou International Group Holdings Limited (02313) fell more than 5% again, with a cumulative decline of over 16% after the performance. As of the time of writing, it fell 4.94%, closing at HKD 55.8, with a turnover of HKD 0.258 billion.
What happened to Topsports? The company's stock price has plummeted nearly 20% and continues to hit new lows.
How is the mid-term performance forecast of topsports? What are the institutions' views on the follow-up?
Shenzhou International Group Holdings Limited Unsponsored ADR (02313) fell by 24.10%, now trading at 59.600 yuan, hitting a 52-week low.
As of 11:48, Shenzhou International Group Holdings Limited unsponsored adr (02313) fell 24.10% compared to the previous closing price, with a current price of 59.600 yuan, hitting a new 52-week low; the volume was 1.1718 million shares, with a turnover of 70.1768 million Hong Kong dollars.
Shenzhou International Group Holdings Limited Unsponsored ADR To Go Ex-Dividend On September 10th, 2024 With 0.16023 USD Dividend Per Share
Earnings Miss: Here's What Shenzhou International Group Holdings Limited (HKG:2313) Analysts Are Forecasting For This Year
Goldman Sachs: Maintains a 'buy' rating on Shenzhou International Group Holdings Limited unsponsored ADR, with the target price lowered to HK$90.
The management of Shenzhou International Group Holdings Limited has provided guidance for this year, with sales volume expected to increase by 15% to 20% year-on-year and a narrower decline in ASP.
Hong Kong stocks surge | Shenzhou International Group Holdings Limited (02313) rebounds over 5%, capacity utilization rate improves, and the company's gross margin recovery speed exceeds expectations.
shenzhou international group holdings limited (02313) rebounded more than 5% and, as of press time, rose 5.32% to HK$65.35, with a turnover of HK$0.227 billion.
[Brokerage Focus] Ping An Securities maintains a recommended rating for Shenzhou International (02313), indicating that domestic and international capacity utilization has recovered and some customer orders have elasticity.
Jingu Financial News | Ping An Securities Research Points out that the first half-year revenue of Shenzhou International (02313) was 12.98 billion yuan, a year-on-year increase of 12.2%; gross profit was 3.76 billion yuan, a year-on-year increase of 45.0%, and gross margin was 29.0%; net income attributable to the parent company was 2.93 billion yuan, a year-on-year increase of 37.8%, and the net income margin attributable to the parent company was 22.6%. The bank pointed out that the company's revenue growth is due to the good performance of the growth rate of the number of orders, especially the rapid growth of orders in the leisure and underwear categories. In terms of product categories, revenue from sports products was 9.21 billion yuan, a year-on-year increase of 7.6%, accounting for 71% of revenue.
Northbound funds transaction trend: Northbound funds sold a net amount of 1.838 billion shares of Li Auto Inc (02015), and increased their holdings by 0.7 billion shares. China mainland banking and Hong Kong ETFs were sold off.
On August 29th, in the Hong Kong stock market, the net sell of 1.838 billion Hong Kong dollars by northbound funds, of which 1.183 billion Hong Kong dollars were sold through the Shanghai-Hong Kong Stock Connect and 0.655 billion Hong Kong dollars were sold through the Shenzhen-Hong Kong Stock Connect.
Jefferies Adjusts Shenzhou International Group's Price Target to HK$56 From HK$67, Keeps at Hold
Nomura: Upgrade Shenzhou International Group Holdings Limited Unsponsored ADR to "buy" rating, with target price raised to 105.5 Hong Kong dollars.
Nomura's research report states that Shenzhou International (02313) recorded a 12% increase in revenue in the first half of the year, which is nearly 5% lower than market expectations. Sales showed robust growth of over 20%, but the average selling price decreased by 7%. At the same time, the group's gross margin improved significantly in the mid-term, rising by 6.6 percentage points to 29% compared to the same period last year. The speed of gross margin recovery exceeded expectations and also exceeded the market forecast of 27%. In addition, the company's mid-term profit increased significantly by 61% year-on-year, benefiting from a 0.47 percentage point improvement in the operating expense ratio. Furthermore, due to the favorable order prospects in the second half of the year, the company is expanding its production capacity. The bank has raised the target price for the group from HKD 104.3 to HKD 105.
Credit Suisse: Holds Shenzhou International Group Holdings Limited unsponsored ADR rating, target price lowered to HK$56.
Furui's forecast for 2024 earnings per share of shenzhou international group holdings limited unsponsored adr (02313) has been raised by 16%.
Shenzhou International Set to Continue Delivering Solid Sales Growth -- Market Talk
Shenzhou International Group Target Price Raised to HK$105.50 From HK$104.30 by Nomura >2313.HK
shenzhou international group holdings limited unsponsored adr's stock price has continued to weaken after its performance, falling nearly 16% in the past two days.
1. How is the mid-term performance of Shenzhou International Group Holdings Limited unsponsored adr? 2. How do institutions evaluate the company's performance?
Hong Kong stocks fluctuate | Shenzhou International (02313) falls over 12% again. Goldman Sachs says first-half revenue falls short of expectations. Credit Suisse says the company may lower sales guidance.
Shenzhou International Group Holdings Limited (02313) released its performance at noon yesterday, with a drop of over 5%. It fell over 12% in early trading today and, as of the time of writing, it has dropped 8.25%, closing at HKD 58.95 with a turnover of HKD 0.173 billion.
Hong Kong stocks closed (08.28) | The Hang Seng Index fell 1.02%, with leading stocks in the market. Network technology stocks, mainland real estate stocks, and others all came under pressure.
Today, the three major Hong Kong stock indices opened lower and continued to decline. The Hang Seng Index and the Hang Seng China Enterprises Index ended their two consecutive rises, while the Hang Seng Tech Index fell more than 2% at one point during the trading day.
Analysis
Price Target
No Data
No Data