Huitongda: The proposal to deliberate and approve the "Future Three-Year (2024-2026) Shareholder Dividend Return Plan" has been passed.
On July 8, 2024, Huitongda announced that the board of directors meeting approved the proposal to establish "Future Three-Year (2024-2026) Shareholder Dividend Return Plan". The announcement states that the company plans to establish "Future Three-Year (2024-2026) Shareholder Dividend Return Plan" of Huitongda Network Co., Ltd. The plan includes: Annual Dividend Plan: In the next three years (2024-2026), after the full amount of statutory reserves and surplus reserves have been extracted, the company will have sufficient cash on hand for dividend payments while ensuring the normal production operation and global strategic development funding.
We Like These Underlying Return On Capital Trends At Huitongda Network (HKG:9878)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'd want to identify a growing return on capital e
Huitongda Network (09878.HK) grants 413,000 restricted share units to 59 selected holders
Gelonghui, May 31 | Huitongda Network (09878.HK) issued an announcement. On May 31, 2024, the Remuneration and Assessment Committee resolved and approved/confirmed that the restricted share units granted under the Restricted Share Unit Plan on December 27, 2023 were invalid in accordance with the Restricted Share Unit Plan rules, of which: (1) 172,000 restricted share units granted to 13 selected holders lapsed due to separation or voluntary abandonment for personal reasons; and (2) 398,000 restricted share units granted to 62 selected holders because they were no longer By taking a core position or being demoted
Shareholders Should Be Pleased With Huitongda Network Co., Ltd.'s (HKG:9878) Price
With a price-to-earnings (or "P/E") ratio of 32.9x Huitongda Network Co., Ltd. (HKG:9878) may be sending very bearish signals at the moment, given that almost half of all companies in Hong Kong have P
Laying out distributed photovoltaic tracks, Huitongda Network (09878) and Zhejiang Ming'an reached cooperation
On May 29, Huitongda Network signed a cooperation agreement with Zhejiang Ming'an and the launch ceremony for the joint construction of a national operation center for the green energy industry was held in Hangzhou.
Helping “Made in China” go overseas, Huitongda Network (9878.HK)'s own brand enters the Central Asian market
IDISSA (IDISSA) is the first self-owned brand under Huitongda Network (9878.HK). Since the launch of the first batch of air conditioning products in April, there have been frequent reports. More than a month after the product went offline, with Huitong's advantage of network coverage in 21 provinces and more than 24,000 townships across the country, the number of orders exceeded 22,000 units. Consumers from various underground submersion markets across the country visited stores to buy, install on walls, and use and praise photos and videos. Recently, under the guidance of the country's policies of “developing new forms of foreign trade such as cross-border e-commerce”, Huitongda followed the trend. Artisa received the first batch of overseas orders and sold to five Central Asian countries including Kazakhstan. This
Huitongda Network's Stock to Join MSCI Global Small Cap Index
Huitongda Network's (HKG:9878) scrip will be added to the 'MSCI Global Small Cap Index' on May. 31, post trading hours, according to a May. 16 filing with the Hong Kong bourse. Inclusion will improve
Stand in the new MSCI index position adjustment window and look at the value of FX Tongda Network (09878.HK)
According to the results of the new round of MSCI index adjustments, Huitongda Network was included in the MSCI Global Small Cap Index for the first time, and the relevant adjustments will officially take effect after the market on May 31, 2024. Generally speaking, the MSCI index is comprehensively reviewed based on factors such as liquidity, free circulation market value, and industry status. Being included in the MSCI index means that the company's value is recognized by the market. At the same time, as one of the most widely used benchmarks in the world, the MSCI index affects the nerves of global capital markets. In particular, many long-term passive funds will directly adjust their layout based on relevant indices; the semi-annual review (May/November) is due to
Huitongda Network (09878) was included as a component of the MSCI Global Small Cap Index
Huitongda Network (09878) issued an announcement. The company was included as a component stock of the MSCI Global Small Cap Index. In 202...
Huitongda Network's (HKG:9878) Shareholders May Want To Dig Deeper Than Statutory Profit
The recent earnings posted by Huitongda Network Co., Ltd. (HKG:9878) were solid, but the stock didn't move as much as we expected. We think this is due to investors looking beyond the statutory profi
Huitongda Network's Profit Up by 42% in 2023
Huitongda Network (HKG:9878) recorded a 42% rise in attributable profit for the year ended Dec. 31, 2023, to 448.3 million yuan from 316.4 million yuan in 2022, according to the company's annual repor
HUITONGDA NET: Annual Report 2023
Huitongda Network (HKG:9878) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
[Broker Focus] Fangzheng Securities First Exchange Online (09878) “Recommended” rating indicates a significant increase in the number of its users
Jinwu Financial News | According to Fangzheng Securities Research, Huitongda Network (09878) had revenue of 82.4 billion yuan/ +0.4% in 2023, gross profit of 2,740 million yuan/ +5.9%, and net profit of 448 million yuan/ +41.7%. According to the bank, the overall number of users has increased, and members' retail service capabilities have continued to be strengthened. The total number of registered member retail stores reached 23.7w/ +15%, the number of active member retail stores reached 9.07w/ +19.1%, active channel partner customers 1.25w/ -25.1%, and the total number of SaaS+ subscribers reached 13.18w/+15.6
Huitongda Network (09878): Industrial chain optimization and upgrading to activate new momentum for development
In a period of opportunity for the booming development of the industrial Internet, Huitongda Network is continuously expanding the depth and breadth of its business through its unique business model in the market.
The industrial chain model was re-innovated, and Huitongda (09878.HK) became a leader in the sinking market, with obvious industry advantages
Recently, after Huitongda announced its 2023 results announcement, its stock price surged 4.61% the next day, reflecting the market's strong optimism about its fundamentals. As a leader in the industrial Internet industry, Huitongda recently achieved good results in a sinking market. Judging from net revenue and profit, the company has generally maintained relatively good performance growth in the past six years. Various core financial indicators such as operating income, net profit, and net profit to mother have maintained steady growth year by year in the macro environment, showing its strong market competitiveness and good development prospects. Data source: Choice based on the situation between the National Bureau of Statistics and the Head and Panther Research Institute
Huitongda Network's Net Profit Jumps 42% in 2023
Huitongda Network's (HKG:9878) net profit attributable to equity holders jumped 42% to 448.3 million yuan in 2023 from a restated 316.4 million yuan in 2022, according to a filing with the Hong Kong b
Huitongda Network (09878) achieved net profit of 448 million yuan in 2023, a year-on-year increase of 42%, and continuous positive operating cash flow
Huitongda Network (09878) announced its 2023 results, achieving total revenue of RMB 82.43 billion, a year-on-year increase...
HUITONGDA NET: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023
With a 46% Stake, Huitongda Network Co., Ltd. (HKG:9878) Insiders Have a Lot Riding on the Company
Key Insights Huitongda Network's significant insider ownership suggests inherent interests in company's expansion A total of 3 investors have a majority stake in the company with 53% ownership Own
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