Investors Five-year Returns in Prinx Chengshan Holdings (HKG:1809) Have Not Grown Faster Than the Company's Underlying Earnings Growth
Prinx Chengshan's US Unit Recalls Snow Tires Over Safety Issue; Shares Fall 3%
Prinx Chengshan Announces Major Tire Recall in North America
Express News | Prinx Chengshan - Unit Notified National Highway Traffic Safety Administration of U.S. Department of Transportation
Express News | Prinx Chengshan Holdings Ltd - Voluntary Recall of Tires
Express News | Prinx Chengshan - Update on Determination on Anti-Dumping Investigation
Sealand: High-end transformation is the key factor of the next wave of tire opportunities.
After experiencing the first differentiation achieved through overseas base layout, domestic tire companies are very likely to usher in the second differentiation marked by high-end transformation.
Is Prinx Chengshan Holdings (HKG:1809) Using Too Much Debt?
PRINX CHENGSHAN: INTERIM REPORT 2024
The profitability of Prinx Chengshan (1809.HK) continues to improve, continuously unleashing its potential.
On August 23, Prinx Chengshan (1809.HK) announced its mid-term performance for 2024. The financial report shows that Prinx Chengshan achieved a revenue of approximately 5.363 billion yuan, a year-on-year growth of 23.7%; gross profit of 1.32 billion yuan, a year-on-year growth of 60.4%; shareholder's net income of 0.811 billion yuan, a significant year-on-year increase of 148.0%, with a net profit margin of 15%. In addition, Prinx Chengshan declared a interim dividend of HKD 0.15 per share. Since last year, the downstream demand in the tire industry has remained strong, and tire companies have accelerated capacity expansion and innovation of products, highlighting the Matthew effect. Prinx Chengshan stands out and delivers strong performance.
Returns on Capital Paint A Bright Future For Prinx Chengshan Holdings (HKG:1809)
Minsheng Securities: Accelerating the globalization of China's tire industry by leveraging the advantages of intelligent manufacturing.
Chinese tire companies have significant advantages in terms of labor costs and intelligent manufacturing. In the short term, they have achieved rapid expansion based on the population dividend. In the medium term, they are accelerating the globalization process with the advantage of intelligent manufacturing. In the long term, they are expected to obtain brand premium based on their technical strength.
Prinx Chengshan (01809) announced its interim results, with a net profit attributable to shareholders of 0.8114 billion yuan, an increase of 1.48 times year-on-year.
Prinx Chengshan (01809) announced its mid-term performance for 2024, with revenue of approximately 5.363 billion yuan, a year-on-year growth of 23....
Prinx Chengshan (01809) will distribute an interim dividend of HK$0.15 per share on October 23rd.
Prinx Chengshan (01809) announced that the company will distribute the interim dividend for the year ending 2024 on October 23, 2024...
Express News | Prinx Chengshan - Hy Profit Attributable RMB811.4 Mln Vs RMB327.1 Mln
Express News | Prinx Chengshan - Hy Revenue RMB5.36 Bln
Express News | Prinx Chengshan Holdings Ltd - Interim Dividend of HK$0.15 per Ordinary Share
PRINX CHENGSHAN: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Prinx Chengshan Schedules Key Financial Meeting
Prinx Chengshan (01809.HK) plans to hold a board of directors meeting on August 23 to approve mid-year performance.
Prinx Chengshan (01809.HK) announced on August 12th that the board of directors meeting will be held on August 23rd, 2024 (Friday), to review and approve matters including the mid-term performance of the company and its subsidiaries for the six months ended on June 30th, 2024, release of these results, consideration of distributing mid-term dividends (if any), and handling other matters.