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We Think J.S. Corrugating Machinery (SZSE:000821) Can Stay On Top Of Its Debt
J.S. Corrugating Machinery's (SZSE:000821) Soft Earnings Are Actually Better Than They Appear
J.S. Corrugating Machinery: Half-year report for the year 2024.
J.S. Corrugating Machinery: Summary of Half-Year Report in 2024.
j.s. corrugating machinery (000821.SZ): Intends to increase the capital of Shengcheng Photovoltaic by 0.28 billion yuan.
On August 21, j.s. corrugating machinery (000821.SZ) announced that in order to further optimize the asset-liability structure of its wholly-owned subsidiary, Suzhou Chengcheng Photovoltaic Equipment Co., Ltd. (referred to as "Chengcheng Photovoltaic"), reduce its asset-liability ratio, and improve its core competitiveness in the industry, the company plans to increase its capital by RMB 280 million in Chengcheng Photovoltaic using its own funds, and all the increased capital will be included in the registered capital. After this capital increase is completed, Chengcheng Photovoltaic's registered capital will increase from RMB 458 million to RMB 738 million, and the company will still hold 100% of its equity.
J.S. Corrugating Machinery (000821.SZ): Net income in the first half of the year was 0.27 billion yuan, a year-on-year increase of 10.58%.
J.S. Corrugating Machinery (000821.SZ) announced its semi-annual report on August 21. The revenue was CNY 3.99 billion, a year-on-year increase of 17.08%. The net income was CNY 0.27 billion, a year-on-year increase of 10.58%. The non-GAAP net income was CNY 0.223 billion, a year-on-year decrease of 8.65%. The basic earnings per share was CNY 0.43.
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