Chinasoft International (HKG:354) Seems To Use Debt Rather Sparingly

Simply Wall StDec 17 22:20 ET

[Brokerage Focus] FIRST SHANGHAI maintains a Buy rating on Chinasoft International (00354) and is Bullish on the company's impact and layout in the Asia Vets Business.

Goldwings Financial News | FIRST SHANGHAI's research report indicates that in the first half of 2024, ChinaSoft International (00354) achieved revenue of 7.926 billion yuan, a year-on-year decline of 6.2%; this was mainly due to decreased demand from core major client businesses. The revenue from the Asia Vets business was 3.368 billion yuan, a year-on-year increase of 2%; the net income attributable to the parent company was 0.286 billion yuan, a year-on-year decrease of 18.6%. The gross margin fell year-on-year to 23.1%, mainly due to macroeconomic factors influencing major client pricing business. From 2023 to 2024, the company continued to conduct multiple share buybacks, cumulatively repurchasing and canceling nearly 0.26 billion shares.

Jingwu Financial NewsDec 16 21:32 ET

Hong Kong stock concept tracking | The reservation number for the Huawei Mate 70 series has exceeded 6.7 million units, and the HarmonyOS ecosystem continues to expand incrementally (attached concept stocks).

Huawei's terminal sales have rebounded, HarmonyOS has become the second-largest operating system in the country, accelerating the expansion of the HarmonyOS ecosystem.

Zhitong FinanceDec 10 00:09 ET

Investors Could Be Concerned With Chinasoft International's (HKG:354) Returns On Capital

Simply Wall StDec 4 17:44 ET

Trending Industry Today: MOBVISTA Leads Losses In Saas Stocks

Moomoo NewsNov 12 01:40 ET

An Excellent Week for Chinasoft International Limited's (HKG:354) Institutional Owners Who Own 46% as One-year Returns Inch Higher

Simply Wall StNov 7 21:57 ET