YUEIY YUE YUEN INDL HLDG
- 8.785
- +0.185+2.15%
YUE YUEN INDL HLDG News
Net profit increased by 100% in Q1. Is there “mixed feelings” behind the low base effect of Yuyuan Group (00551)?
Since March, a sneaker foundry giant has quietly shown impressive gains. In less than 2 months, Yuyuan Group (00551) has risen from around HK$8 to over HK$14, an increase of nearly 200%, which has attracted a lot of attention from market capital. According to the news, Yuyuan Group recently announced that profit attributable to company owners will increase by about 95% to 100% year-on-year in the first quarter of 2024, compared to 50.8 million US dollars for the same period last year. The company pointed out that the increase in performance was mainly due to the gradual recovery of the global footwear industry and the normalization of orders, which led to an increase in capacity utilization and production efficiency, as well as a decrease
Why Investors Shouldn't Be Surprised By Yue Yuen Industrial (Holdings) Limited's (HKG:551) 31% Share Price Surge
Despite an already strong run, Yue Yuen Industrial (Holdings) Limited (HKG:551) shares have been powering on, with a gain of 31% in the last thirty days. Looking further back, the 22% rise over the
Yue Yuen Industrial (Holdings) (HKG:551) Seems To Use Debt Quite Sensibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usu
Citibank: Reiterates Yuyuan Group's “Buy” Rating Target Price Raised to HK$16.5
Citi released a research report stating that it reaffirmed the “buy” rating of Yuyuan Group (00551), raised the net profit forecast for the 2024-2026 fiscal year by 20% to 22%, and raised the target price from HK$12.5 to HK$16.5 because the gross margin of the manufacturing business beat expectations. Taking into account the proceeds of a single sale, the Group's net profit for the first quarter is expected to rise 95% to 100% year-on-year under a low base. The bank believes it won expectations. The bank pointed out that the retail business of the Yuyuan Group is still under pressure. It is expected that with consumption downgraded and purchasing power affected by the weak real estate market, retail business revenue will increase slightly this year. tubes
Citibank: Reiterates Yue Yuan Group's (00551) “Buy” Rating Target Price Raised to HK$16.5
The Zhitong Finance App learned that Citi released a research report stating that it reaffirmed the “buy” rating of Yuyuan Group (00551), raised the net profit forecast for the 2024-2026 fiscal year by 20% to 22%, and raised the target price from HK$12.5 to HK$16.5 because the gross margin of the manufacturing business beat expectations. Taking into account the proceeds of a single sale, the Group's net profit for the first quarter is expected to rise 95% to 100% year-on-year under a low base. The bank believes it won expectations. The bank pointed out that Yuyuan Group's retail business is still under pressure. The retail business is expected to generate revenue this year under the downturn in consumption and weak purchasing power in the real estate market
Changes in Hong Kong stocks | Yuyuan Group (00551) opened more than 9% higher after profit, and net profit for the first quarter is expected to increase by more than 95% year-on-year
The Zhitong Finance App learned that Yuyuan Group (00551) opened more than 9% after profit. As of press release, it had risen 9.05% to HK$13.5, with a turnover of HK$5.197,500. According to the news, Yuyuan Group announced that profit attributable to company owners for the three months ending March 31, 2024 is expected to increase by about 95% to 100% year-on-year. Profit for the same period last year was $50.8 million. It has mainly benefited from the gradual recovery of the global footwear industry and the normalization of orders, which have led to improvements in capacity utilization and production efficiency, as well as support from the low base period effect. In addition, a portion of an associated company was sold during the period
Yuyuan Group (00551) Fa Yingxi expects profit attributable to shareholders to increase by about 95% to 100% year-on-year in the first quarter
Yuyuan Group (00551) announced that the Group expects profit attributable to company owners for the three months ending March 31, 2024 to increase by about 95% to 100% compared to the profit of $50.8 million for the same period in 2023.
裕元集團：內幕消息正面盈利預告
裕元集團：二零二三年年報
Yuyuan Group (00551.HK) held a board meeting on May 13 to approve publication of the first quarter results
Gelonghui, April 12, 丨 Yuyuan Group (00551.HK) announced that the company will hold a board meeting on May 13, 2024 (Monday) for the purpose (including) to approve the publication of the unaudited comprehensive results announcements of the company and its subsidiaries for the three months ended March 31, 2024.
YUE YUEN IND: DATE OF BOARD MEETING
Changes in Hong Kong stocks | Yuyuan Group (00551) fell nearly 4%. The company's net operating income fell year-on-year in the first quarter
Yuyuan Group (00551) fell nearly 4%. As of press release, it was down 3.7% to HK$11.46, with a turnover of HK$19.4853 million.
Yuyuan Group's consolidated cumulative net operating income of US$2,003 billion for the first three months decreased by 4.94% year-on-year
Yuyuan Group (00551) announced that the company's net consolidated operating income for March 2024 (that is, equivalent to total sales minus sales discounts and sales returns) was US$662 million, a decrease of 5% over the previous year. The company's consolidated cumulative net operating income for the three months ended March 31, 2024 was US$2.03 billion, a year-on-year decrease of 4.94%.
Yue Yuen Industrial Logs Revenue of $2 Billion for Q1
Yue Yuen Industrial (Holdings) (HKG:0551) said its net consolidated operating revenue for March 2024 was about $662.2 million, according to Wednesday's filing with the Hong Kong bourse. The firm's net
Yuyuan Group (00551.HK)'s net consolidated operating income in March was US$662 million
Gelonghui, April 10 | Yuyuan Group (00551.HK) announced that in March 2024, the company's net comprehensive operating income was US$662 million. The company's consolidated cumulative net operating income for the three months ended March 31, 2024 was US$2 billion.
Yue Yuen Industrial (Holdings) (HKG:551) Will Be Looking To Turn Around Its Returns
What underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on capital employed (ROCE) in conjunction with a declining base of capital employed,
Yuyuan Group (00551.HK) was reduced by 889,000 shares by Silchester International Investors LLP
Glonghui, April 3 | According to the Stock Exchange's latest equity disclosure data, on March 28, 2024, Yuyuan Group (00551.HK) was reduced by 889,000 shares by Silchester International Investors LLP at an average price of HK$11.0151 per share on the market, involving approximately HK$9.7924 million. After the holdings reduction, Silchester International Investors LLP's latest shareholding number was 112,138,000 shares, and the shareholding ratio dropped from 7.01%
Yue Yuen Industrial (Holdings) Limited Just Beat EPS By 47%: Here's What Analysts Think Will Happen Next
Shareholders will be ecstatic, with their stake up 38% over the past week following Yue Yuen Industrial (Holdings) Limited's (HKG:551) latest yearly results. Revenues were US$7.9b, approximately
[Broker Focus] Tianfeng Securities maintains Yuyuan Group's (00551) “buy” rating, but downstream orders may increase or take time
Jinwu Financial News | According to Tianfeng Securities Research Report, Yuyuan Group (00551)'s 23Q4 revenue was US$1.904 billion, down 4.7%; net profit to mother was US$137 million, up 422.9%; revenue to 2023 was US$7.890 billion, down 12.0%; and net profit to mother was US$275 million, down 7.3%. According to the bank, along with the recovery of offline customer flow and the continuous removal of brands, the company's manufacturing business and retail business are recovering steadily; digital transformation is progressing rapidly, smart factories enable production to meet flexible needs with short delivery times; Baosheng is the leading sportswear and footwear product in Greater China
Bank Rating | Macquarie: Raising Yuyuan Group's Target Price to HK$15.7 to “Outperform the Market”
According to a report published by Macquarie, Yuyuan's production volume is expected to increase by 6% this year due to restocking requirements from major brands, but a normalized product portfolio will have a negative impact on average sales prices. The bank expects that strict discounts and fee controls will help drive its Baosheng (Retail) operating margin to 4.7% this year and 5.6% next year. Macquarie pointed out that as Yu Yuan's balance sheet continues to improve, it is believed that the combination of cash dividends and stock buybacks will bring good shareholder returns. Meanwhile, earnings per share forecasts for 2024 and 2025 were raised by 18% and 22%, respectively. The bank set the target price of Yuyuan to 1
Analysis
Price Target
No Data
