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Hongli Zhihui Group Co.,Ltd.'s (SZSE:300219) Popularity With Investors Is Under Threat From Overpricing
Hongli Zhihui Group (300219.SZ): Expected net income in 2024 to decrease by 55.16%-70.03% year-on-year.
On January 20, Gelonghui reported that Hongli Zhihui Group (300219.SZ) expects a net income of 63.5 million yuan to 95 million yuan for 2024, a decrease of 55.16% to 70.03% compared to the same period last year, with a non-recurring net income of 41 million yuan to 61 million yuan, down 56.87% to 71.01% year-on-year. 1. During this reporting period, competition in the Led & Optoelectronics industry has become increasingly fierce. The company is actively expanding its market, which has led to increased sales scale and revenue, but falling product prices and rising prices of raw materials such as Precious Metals have put pressure on profits, resulting in a decline in gross margin, while also experiencing impairment provisions.
Hongli Zhihui: 2024 Annual Results Forecast
Hongli Zhihui Group (300219.SZ): has no business dealings with the Xiaohongshu platform.
On January 17, in an investor interaction platform, Hongli Zhihui Group (300219.SZ) stated that the company is an enterprise that integrates research, production, and sales of Led & Optoelectronics semiconductor packaging devices. Its main business focuses on Led & Optoelectronics semiconductor packaging and Led & Optoelectronics automotive lighting, with no business interaction with Xiaohongshu platform.
Hongli Zhihui GroupLtd (SZSE:300219) Is Reinvesting At Lower Rates Of Return
Hongli Zhihui Group (300219.SZ): Awarded the 25th China Patent Excellence Award.
On December 31, Gelonghui reported that Hongli Zhihui Group (300219.SZ) announced that the National Intellectual Property Administration recently released the "Publicity of the Review Results of the 25th China Patent Award," and two invention patents of Hongli Zhihui Group Co., Ltd. and its holding subsidiary Guangzhou Laidya Lighting Co., Ltd. won the China Patent Excellence Award. As of the date of this announcement, the publicity period for the review results has ended.