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

Simply Wall StJul 12 22:02 ET

Jiangsu Eastern Shenghong: 2024 Interim Performance Forecast

Sensex a shareJul 10 12:00 ET · Announcements

Express News | Jiangsu Eastern Shenghong Says It Sees H1 Net Profit Down 79.8-82.7% Y/Y

ReutersJul 10 08:28 ET

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.

Gelonghui FinanceJun 18 03:38 ET

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

Simply Wall StJun 18 00:30 ET

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.

businesstimes cnJun 14 04:42 ET