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Shanghai YongLi Belting's (SZSE:300230) Earnings Are Of Questionable Quality
Wynn: Report for the third quarter of 2024
shanghai yongli belting (300230.SZ): net income of 0.161 billion yuan in the first three quarters, a year-on-year decrease of 9.91%.
Gelonghui October 29th | Shanghai Yongli Belting (300230.SZ) announced its third quarter report for 2024, with the company achieving revenue of 1.633 billion yuan in the first three quarters, a year-on-year increase of 12.35%; net income attributable to shareholders of the listed company was 0.161 billion yuan, a year-on-year decrease of 9.91%; net income attributable to shareholders of the listed company excluding non-recurring gains and losses was 0.157 billion yuan, a year-on-year decrease of 9.43%; basic earnings per share was 0.1979 yuan.
Shanghai Yongli Belting (300230.SZ): The company's precision molding business does not involve electronic products such as intercoms and pagers.
gelonhui October 16th, shanghai yongli belting (300230.SZ) stated on the investor interaction platform that the company's precision molding business is not related to the above-mentioned products (intercoms, pagers, and other electronic products).
shanghai yongli belting (300230.SZ): The self-owned smart manufacturing factory in Thailand has completed the civil engineering, and is currently in the internal decoration and equipment import phase.
On October 10, GLORIA shanghai yongli belting (300230.SZ) stated at an investor relations event that the self-owned smart factory in Thailand has completed the civil engineering work and is currently in the internal decoration and equipment import phase, expected to be put into use by the end of 2024.
Shanghai Yongli Belting (300230.SZ): The company has effectively penetrated the high-end market.
On October 10th, Yongli Belting (300230.SZ) stated at an investor relations event that the company has achieved a leading market position in China's light conveyor belt industry with advantages in core product technology, industry application capabilities, product quality, and market expansion. The company is the leading enterprise in domestic brands of light conveyor belt products. Currently, the company has effectively penetrated the high-end market; in the mid-range market, the company currently holds a leading position, with main competitors being foreign companies Forbo-Siegling, AmmeraalBeltech, Habasit, and Taiwanese company Ai Ai.
Shanghai YongLi Belting Co., Ltd's (SZSE:300230) Shares Lagging The Market But So Is The BusinessNo Data
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