Is China SpacesatLtd (SHSE:600118) Using Too Much Debt?

Simply Wall StOct 28 20:11 ET

Observations from china spacesat Application Conference: Industry chain gathers from upstream to downstream, attracting attention to satellite internet security solutions.

①Financial Union journalists were on site to directly observe the forum and accompanying exhibition, understanding the development trends of the satellite industry; ②Orders have noticeably increased compared to last year, with satellite internet security solutions attracting attention.

cls.cnOct 25 04:42 ET

China Dongfanghong Satellite Co., Ltd. 2024 Third Quarter Report

SZSIOct 24 12:00 ET · Announcements

china spacesat (600118.SH): The net loss in the first three quarters was 14.7406 million yuan.

Geelong October 24th | China Spacesat (600118.SH) announced its third quarter report for 2024, with the company's revenue in the first three quarters of 1.674 billion yuan, a year-on-year decrease of 54.41%; net income attributable to shareholders of the listed company was -14.7406 million yuan; basic earnings per share was -0.01 yuan.

Gelonghui FinanceOct 24 06:30 ET

It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.

①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.

cls.cnOct 18 01:13 ET

China Spacesat (600118.SH): Guotou Gaoxin has signed the "Property Trade Contract" with the Space Institute and has obtained the property trade certificate.

Gelonghui September 24th | China Spacesat (600118.SH) announced that from August 2023 to July 2024, the Space Institute publicly listed on the Peking Property Exchange to transfer 7.66% of its titanium technology holdings. At the end of the public announcement period, Guotou Gaoxin attracted one potential transferee. Recently, Guotou Gaoxin signed a "Property Trading Contract" with the Space Institute and obtained the property trading certificate. After the transaction is completed, Guotou Gaoxin's shareholding in Titanium Technology will increase from 35% to 42.66%, remaining the controlling shareholder of Titanium Technology. The business registration change of Titanium Technology is currently in progress, and the business registration change details will be announced.

Gelonghui FinanceSep 24 04:07 ET