Jiangsu Eastern ShenghongLtd (SZSE:000301) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we
Jiangsu Eastern Shenghong: 2024 Interim Performance Forecast
Express News | Jiangsu Eastern Shenghong Says It Sees H1 Net Profit Down 79.8-82.7% Y/Y
Jiangsu Eastern Shenghong (000301.SZ) covers multiple sectors in its business, including petroleum refining, new energy funds, new materials, polyester fibers, etc.
On June 18th, Glance News reported that Jiangsu Eastern Shenghong (000301.SZ) expressed on an investor platform that the company is a global leading energy and chemical enterprise with a full industry chain integration and deep layout of new energy and new materials businesses. Its business sectors cover multiple areas such as petroleum refining, new energy and new materials, polyester and chemical fiber, etc. In the future, the company will fully implement the "1+N" development strategy of a large chemical platform with diversified industry chain extensions such as new energy, new materials, electronic chemicals, biotechnology, etc., fully leveraging its scale advantages and reducing operational risks caused by industry cyclicality fluctuations. The company will accelerate the breakthrough in key core technologies to support its operation.
There's No Escaping Jiangsu Eastern Shenghong Co.,Ltd.'s (SZSE:000301) Muted Revenues
Jiangsu Eastern Shenghong Co.,Ltd.'s (SZSE:000301) price-to-sales (or "P/S") ratio of 0.4x might make it look like a buy right now compared to the Chemicals industry in China, where around half of the
BT Financial Report Instant Analysis: Jiangsu Eastern Shenghong 2024 Q1 report shows decline in performance and increased pressure on cash flow.
Jiangsu Eastern Shenghong (stock code: 000301) recently released its Q1 2024 report. As a well-known enterprise in the industry, East Shenghong's financial data has always been highly regarded by the market. In this reporting period, the company's financial data showed some changes worth exploring. First, let's look at the asset and liability data. The total assets of East Shenghong at the end of the period were CNY 201.66 billion, an increase of 6.02% compared to the beginning of the period, thanks to the continuous expansion of the company's business. However, the liabilities also showed a clear increasing trend, and the total liabilities at the end of the period reached 1658.
Dongfang Shenghong (000301.SZ) plans to pay 1 yuan for every 10 shares in 2023, excluding interest on June 7
Zhitong Finance App News, Dongfang Shenghong (000301.SZ) announced that the company plans to distribute a cash dividend of 1.00 yuan (tax included) for every 10 shares to all shareholders in 2023. The share registration date for this equity distribution is June 6, 2024, and the dividend date is June 7, 2024.
Read This Before Judging Jiangsu Eastern Shenghong Co.,Ltd.'s (SZSE:000301) ROE
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). To keep the less
Haitong International: In May, the filament installation plans to reduce parking burdens and increase, and industry supply and demand are expected to improve
The Zhitong Finance App learned that Haitong International released a research report saying that according to Zhuochuang information, it is planned to park the total polyester production capacity of 1.6 million tons/year for the two installations in Xiaoshan in May due to boiler modifications. Furthermore, according to Baichuan Yingfu, Tongxiang and some factories in Jiangsu plan to reduce the load by about 10% on May 13. Since May, the operating rate of polyester filament has declined somewhat. According to Zhuochuang information, as of May 9, the operating load of polyester filament was about 85%, down 2.77 percentage points from the end of April. If subsequent load reduction plans are implemented, the operating rate of filament is expected to drop further. The parking load of filament devices has increased, and industry supply and demand are expected to improve. suggestions
Jiangsu Eastern ShenghongLtd's (SZSE:000301) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jiangsu Eastern Shenghong Co.,Ltd.'s (SZSE:000301) recent weak earnings report didn't cause a big stock movement. Our analysis suggests that along with soft profit numbers, investors should be aware
Oriental Shenghong (000301.SZ): Asset impairment calculated in the first quarter was mainly for products in inventory and inventory products
Gelonghui, May 6 | Dongfang Shenghong (000301.SZ) said on the investor interactive platform that the asset impairment calculated by the company in the first quarter was mainly for products in inventory and inventory products. The company's inventory is calculated as a monthly weighted average, and the company strictly complies with the requirements of corporate accounting standards and conducts impairment tests on inventory at the end of each month to objectively and fairly calculate impairment preparations for assets that may show signs of impairment. This amount is the cumulative amount of monthly impairment accruals; it is not an asset impairment balance at the end of the period.
Jiangsu Eastern ShenghongLtd (SZSE:000301) 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. In a perfect world, we'd like to see a company investing more capital into its business and idea
Dongfang Shenghong (000301.SZ): Chemical products can be used as raw materials for aerospace and automobile parts production
Gelonghui, April 8 | Dongfang Shenghong (000301.SZ) said on the investor interactive platform that the company's chemical products can be used as raw materials for the production of aerospace and automobile parts.
Dongfang Shenghong (000301.SZ): The 800 tons/year POE pilot plant independently developed by the company has been successfully put into operation
Gelonghui March 15 | Dongfang Shenghong (000301.SZ) said on the investor interactive platform that the company is a world-leading energy and chemical enterprise that has vertically integrated the entire industry chain and has thoroughly laid out new energy and new materials businesses. In the field of photovoltaic new energy, all technical indicators of the company's photovoltaic grade EVA products have reached the advanced level of the industry, and production capacity and market share rank among the highest in the industry. In addition, the 800 tons/year POE pilot plant independently developed by the company has been successfully put into operation. In the future, the company plans that the total EVA production capacity will exceed 1 million tons and the total POE production capacity will be 500,000 tons, making every effort to build world-class photovoltaics
Oriental Shenghong (000301.SZ): Negotiations on strategic cooperation with Saudi Arabia and Aramco are progressing steadily and efficiently
Gelonghui March 7 | Oriental Shenghong (000301.SZ) said on the investor interactive platform that negotiations on strategic cooperation with Saudi Aramco are progressing steadily and efficiently. Please keep an eye on the company's follow-up announcements for related developments.
Are Poor Financial Prospects Dragging Down PowerTECH Co., Ltd. (SZSE:301369 Stock?
PowerTECH (SZSE:301369) has had a rough three months with its share price down 33%. Given that stock prices are usually driven by a company's fundamentals over the long term, which in this case look
Investing in Jiangsu Eastern ShenghongLtd (SZSE:000301) Five Years Ago Would Have Delivered You a 111% Gain
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And while active stock picking involves risks (and requires diver
Oriental Shenghong (000301.SZ): Controlling shareholders and some employees of related companies increased their holdings in the fourth phase of the company's shares and completed the purchase
Gelonghui, Feb. 21丨Dongfang Shenghong (000301.SZ) announced that the company received a notice from Shenghong Technology on February 21, 2024, that the fourth phase of the plan to increase its holdings has completed the purchase of shares of listed companies. As of February 21, 2024, the fourth phase of the plan to increase holdings purchased a total of 142,049,768 shares of listed companies' shares in the above three securities accounts through centralized bidding transactions in the secondary market, accounting for 2.15% of the total share capital of listed companies, with a total transaction amount of 1,469 billion yuan.
Is Now The Time To Look At Buying Jiangsu Eastern Shenghong Co.,Ltd. (SZSE:000301)?
Jiangsu Eastern Shenghong Co.,Ltd. (SZSE:000301), might not be a large cap stock, but it saw a significant share price rise of 21% in the past couple of months on the SZSE. While good news for s
Oriental Shenghong (000301.SZ): Negotiations on strategic cooperation with Saudi Arabia and Aramco are in progress
Gelonghui, January 30丨Oriental Shenghong (000301.SZ) said on the investor interactive platform that negotiations on strategic cooperation between the company and Saudi Aramco are in progress. Please pay attention to the company's subsequent announcements on developments related to the fourth phase of the company's employee stock ownership plan.
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