No Data
[Brokerage Focus] First Shanghai maintains a buy rating on GCL Tech (03800), indicating that its third-quarter performance has bottomed out and stabilized.
Jingu Financial News | First Shanghai issued a research report, GCL Tech (03800) reported a shareholder net loss of approximately 2.97 billion yuan in the first three quarters, with a quarterly loss of approximately 1.49 billion yuan, mainly due to a significant year-on-year decrease in the average prices of silicon materials and silicon wafers. The shareholder net profits for the first three quarters were 0.033 billion yuan/-1.512 billion yuan/-1.492 billion yuan respectively, with performance in the quarter stabilizing.
[Brokerage Focus] First Shanghai maintains a buy rating on zijin mining group (02899), expecting copper and gold prices to continue to rise.
King & Capital News | First Shanghai issued a research report, Zijin Mining Group (02899) achieved revenue of 230.396 billion yuan in the first three quarters of 2024, an increase of 2.39% year-on-year; attributable net income was 24.357 billion yuan, an increase of 50.68% year-on-year; in the third quarter, the company's revenue was 79.98 billion yuan, an increase of 7.11% year-on-year; attributable net income was 9.273 billion yuan, an increase of 63.64% year-on-year. The bank pointed out that with the direction of the Fed's interest rate cut determined, and the safe-haven demand brought about by political and economic uncertainties, this year the gold price continues to run at high levels. Currently, the closing price of London spot gold is
[Brokerage Focus] First Shanghai initiates a buy rating on Yankuang Energy (01171), expecting the company's full-year coal chemical projects to turn losses into profits.
Jingu Finance | First Shanghai issued research guidance, Yankuang Energy (01171) achieved revenue of 106.6 billion yuan in the first three quarters, a year-on-year increase of 21.5%; achieved a net income attributable to the mother of 11.4 billion yuan, a year-on-year decrease of 27%; non-recurring net income attributable to the mother was 110.5 yuan, a year-on-year decrease of 22.5%. In the third quarter Q3, revenue reached 34.32 billion yuan, a quarter-on-quarter decrease of 15.5%/+5%; net income attributable to the mother was 3.84 billion yuan, a quarter-on-quarter decrease of 15.63%/+0.7%, the company's slight increase in net income in the quarter is mainly due to the average price of 5500K coal in the Qinhuangdao market being 852.5 yuan/ton in Q3, unchanged from Q2.
First Shanghai: maintains a "buy" rating on aac tech (02018) with a target price of 39.09 Hong Kong dollars.
first shanghai predicts that the revenue of GoerTek from 2024 to 2026 will be 26.03 billion yuan / 29.24 billion yuan / 32.99 billion yuan respectively.
[Brokerage Focus] First Shanghai recommends buying CSPC Pharma (01093) and expects its new products to be approved successively, with the pharmaceutical sector poised to resume high growth.
Jingu Financial News | First Shanghai issued a research report, cspc pharma (01093) achieved a revenue of 16.28 billion yuan in the first half of 2024 (+1.3% year-on-year, the same below), gross profit of 11.65 billion yuan (+3.7%), gross margin of 71.6% (+1.7pts). Based on the financial statements, the net profit attributable to shareholders was 2.02 billion yuan (+1.8%), with a net margin of 18.5% (+0.1pts). Looking at the sectors, the traditional Chinese medicine sector generated revenue of 13.55 billion yuan (+4.8%), with a significant sequential decline in Q2 revenue; although the price of vitamin C raw materials is slowly recovering, demand is decreasing.
First Shanghai (00227.HK) received an increase of 1.576 million shares by executive director and chairman Lou Yuanyi.
According to the latest equity disclosure information from the Hong Kong Stock Exchange on September 27, 2024, First Shanghai (00227.HK) saw Director and Chairman Law Yuen Yat adding 1.576 million shares at an average price of HK$0.15 per share, with a total investment of approximately HK$0.2364 million. Following the shareholding increase, Law Yuen Yat's latest shareholding is 1,173,051,847 shares, and the shareholding ratio has risen from 53.48% to 53.55%.
Chairman of First Shanghai Investments Yuen Yat Lo Buys 40% More SharesNo Data
No Data
