It's A Story Of Risk Vs Reward With Fujian Star-net Communication Co., LTD. (SZSE:002396)
Here's Why Fujian Star-net Communication (SZSE:002396) Can Manage Its Debt Responsibly
Starnet Ruijie (002396.SZ): The repurchase was completed with a cumulative cost of 509.714 million yuan to repurchase 2,830,800 shares
Gelonghui, May 28, 丨 Starnet Ruijie (002396.SZ) announced that as of May 27, 2024, the company had repurchased a total of 2,8308.49 million shares of the company's shares through a dedicated securities repurchase account, accounting for 0.4776% of the company's total share capital. Among them, the highest transaction price was 18.83 yuan/share, the minimum transaction price was 16.38 yuan/share, and the transaction amount was 509.714 million yuan (excluding transaction fees). The company's current share repurchase period has expired.
Starnet Ruijie (002396.SZ): The subsidiary plans to complete mass production of 400G and 800G LPO optical modules on its own production line in 2024
Gelonghui, May 27丨Starnet Ruijie (002396.SZ) said on the investor interactive platform that Ruijie Network, the holding subsidiary of the company, released and displayed 800G and 400G high-speed optical module products based on LPO technology at the 49th Optical Network and Communications Conference and Expo (OFC2024) held in the US, and plans to complete mass production of 400G and 800G LPO optical modules on its own production line in 2024.
Starnet Ruijie (002396.SZ) 2023 equity distribution: 2.5 yuan for every 10 shares, share registration on May 31
According to Zhitong Finance App News, Starnet Ruijie (002396.SZ) announced that the company's 2023 equity distribution plan is to distribute RMB 2.5 in cash (tax included) to all shareholders for every 10 shares based on the company's current total share capital minus the company's special repurchase account. The share registration date for this equity distribution is: May 31, 2024, and the dividend date is: June 3, 2024.
The Five-year Shareholder Returns and Company Earnings Persist Lower as Fujian Star-net Communication (SZSE:002396) Stock Falls a Further 4.7% in Past Week
Starnet Ruijie (002396.SZ) has spent 509.714 million yuan to repurchase 2,830,800 shares
Starnet Ruijie (002396.SZ) issued an announcement. As of April 30, 2024, the company has approved share repurchases...
Starnet Ruijie (002396.SZ): Net profit of 11.5519 million yuan in the first quarter decreased by 85.72% year-on-year
Gelonghui, April 25 | Starnet Ruijie (002396.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 3.139 billion yuan, down 6.37% year on year; net profit attributable to shareholders of listed companies was 115.59 million yuan, down 85.72% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 330,500 yuan, down 99.54% year on year; basic earnings per share were 0.0199 yuan.
Be Wary Of Fujian Star-net Communication (SZSE:002396) And Its Returns On Capital
Starnet Ruijie (002396.SZ): Deming Communications's connected vehicle module products are used for vehicle positioning and trajectory tracking, and have nothing to do with autonomous driving
Gelonghui, April 15 | Starnet Ruijie (002396.SZ) said on the investor interactive platform that Deming Communications's connected vehicle module products are used for vehicle positioning and trajectory tracking, and have nothing to do with autonomous driving.
Starnet Ruijie (002396.SZ) has repurchased a total of 2,830,800 shares at a cost of 509.714 million yuan
Starnet Ruijie (002396.SZ) announced that the company will repurchase through centralized bidding as of March 31, 2024...
Fujian Star-net Communication's (SZSE:002396) Shareholders Have More To Worry About Than Lackluster Earnings
Starnet Ruijie (002396.SZ): Net profit for 2023 will drop 26.36% to 425 million yuan, and plans to distribute 10 to 2.5 yuan
Gelonghui March 28 | Starnet Ruijie (002396.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 15.908 billion yuan, up 1.06% year on year; net profit attributable to shareholders of listed companies was 425 million yuan, down 26.36% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 318 million yuan, down 38.32% year on year; basic earnings per share of 0.7274 yuan; plans to distribute a cash dividend of 2.5 yuan (tax included) to all shareholders for every 10 shares.
Does The Market Have A Low Tolerance For Fujian Star-net Communication Co., LTD.'s (SZSE:002396) Mixed Fundamentals?
Starnet Ruijie (002396.SZ): The main business is providing informatization solutions for enterprise-level customers
Gelonghui March 11 | Starnet Ruijie (002396.SZ) said on the investor interactive platform that the company's main business is providing informatization solutions for enterprise-level customers. The company's main products include smart networks, smart clouds, smart communications, smart finance, smart entertainment, smart communities, etc. Mainly used to meet the relevant needs of enterprise-level users. The company will pay close attention to the development and application of related businesses, and explore and study the integration of related technology with the company's existing business.
Fujian Star-net Communication Co., LTD.'s (SZSE:002396) Biggest Owners Are Retail Investors Who Got Richer After Stock Soared 6.1% Last Week
Not Many Are Piling Into Fujian Star-net Communication Co., LTD. (SZSE:002396) Stock Yet As It Plummets 28%
Starnet Ruijie (002396.SZ) has spent 50.97 million yuan to buy back 2,830,800 shares
Starnet Ruijie (002396.SZ) issued an announcement. As of January 31, 2024, the company has approved share repurchases...
Fujian Star-net Communication's (SZSE:002396) Earnings Trajectory Could Turn Positive as the Stock Climbs 7.5% This Past Week
Is Fujian Star-net Communication (SZSE:002396) Using Too Much Debt?
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