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The Three-year Underlying Earnings Growth at ShanDongDenghai SeedsLtd (SZSE:002041) Is Promising, but the Shareholders Are Still in the Red Over That Time
ShanDongDenghai SeedsLtd (SZSE:002041) Might Have The Makings Of A Multi-Bagger
Denghai Seed Industry: 2024 Annual Results Forecast
ShanDongDenghai Seeds (002041.SZ): It is expected that the net income in 2024 will decrease by 66.97% to 77.98% year-on-year.
Gelonghui reported on January 23 that ShanDongDenghai Seeds (002041.SZ) announced it expects a net income of 56.32 million yuan to 84.48 million yuan in 2024, a decrease of 66.97% to 77.98% compared to the same period last year, with a non-recurring loss of 0.52 million yuan to 28.68 million yuan. The main reason for the decline in the company's performance: during the reporting period, based on changes in the corn seed market and seed inventory situation, it is expected to provide a provision for inventory impairment of 90 million yuan to 120 million yuan, resulting in a net income loss after excluding non-recurring gains and losses.
Why Investors Shouldn't Be Surprised By ShanDongDenghai Seeds Co.,Ltd's (SZSE:002041) P/E
ShanDongDenghai Seeds (002041.SZ): The new Corn variety has been approved by the National Variety Approval Committee.
Gelonghui, January 3rd丨ShanDongDenghai Seeds (002041.SZ) announced that the company and its controlled subsidiaries have independently developed the new Corn varieties "Denghai 2219", "Denghai 127", "Denghai 155", "Denghai 157", "Denghai 186", "Denghai 188", "Denghai 189", "Denghai 195", "Denghai 197", "Denghai 397", "Denghai 588", "Denghai 628", "Denghai 675", "Denghai 698", "Denghai 2298", "Denghai Vanguard 181", "Luxing 702", "H1555", "Denghai Luxi 216", "Denghai F1731", totaling 2.