Lacklustre Performance Is Driving Jiangsu Sainty Corp., Ltd.'s (SHSE:600287) 28% Price Drop
ST Shunten (600287.SH) controlling shareholder increased their shareholding by 1%.
ST Shuntian (600287.SH) released an announcement that on July 15, 2024, the company received a shareholder control from Jiangsu...
Jiangsu Sainty Corp., Ltd. (600287.SH): Received the China Securities Regulatory Commission's "Administrative Penalty Decision" and "Market Ban Decision".
On July 5th, Glon Hui reported that Jiangsu Sainty Corp., Ltd. (600287.SH) and related parties recently received a "Decision of Administrative Penalty" and a "Decision of Market Access Restriction" issued by the China Securities Regulatory Commission. According to the investigation, Jiangsu Sainty Corp. participated in the special network communication business led by Sui Mouli, which was actually a false self-cycle business consisting of contract, fund, and bill circulation, with no commercial substance, and the corresponding revenue, cost of goods sold and profit should not be recognized. Jiangsu Sainty Corp. provided financing for the special network communication business led by Sui Mouli (with a small part of the business as channel) without assuming product risks, and obtained profits based on the scale and term of the financing.
[BT Financial Report Momentary Analysis] In-depth Analysis of Jiangsu Suntian's 2023 Report: Challenges and Opportunities Coexist
Jiangsu Suntian Co., Ltd. (stock code: 600287), as an enterprise with deep accumulation in diversified business fields, the 2023 annual report shows its performance and financial situation in a complex business environment. In 2023, Jiangsu Suntian faced global economic challenges and market changes, but the company still showed extraordinary resilience and development potential. In terms of assets and liabilities, Jiangsu Suntian's total assets decreased from 3,854 billion yuan last year to 3.453 billion yuan, a decrease of 10.40%. Total liabilities also decreased from 1,968 billion yuan to 1,471 billion yuan, assets and liabilities
Is Jiangsu Sainty Corp., Ltd.'s (SHSE:600287) Stock On A Downtrend As A Result Of Its Poor Financials?
Jiangsu Sainty Corp., Ltd.'s (SHSE:600287) 29% Share Price Surge Not Quite Adding Up
Jiangsu Sainty (SHSE:600287) Is Doing The Right Things To Multiply Its Share Price
[BT Financial Report Momentary Analysis] Jiangsu Suntian 2023 Quarterly Report: Steady management shows results, and performance is improving steadily
As a state-owned listed enterprise in Jiangsu Province, Jiangsu Suntian Co., Ltd. (stock code: 600287) has always adhered to the “two-wheel drive” business development strategy. The company has not only continuously consolidated and enhanced its core competitiveness in the main clothing trade business, but has also achieved steady improvement in specialty market businesses such as chemical monitoring franchising and nuclear power steel bidding. The 2023 three-quarter report shows that Jiangsu Suntian has achieved remarkable results in continuously optimizing the business structure and improving product efficiency. In terms of assets and liabilities, as of the end of the reporting period, Jiangsu Suntian's total assets were 3,741 billion yuan, compared with the end of the previous year
More Unpleasant Surprises Could Be In Store For Jiangsu Sainty Corp., Ltd.'s (SHSE:600287) Shares After Tumbling 25%
Does Jiangsu Sainty Corp., Ltd.'s (SHSE:600287) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Nanjing Julong (300644.SZ): Jiangsu Shuntian is the company's second largest shareholder
On December 8, Gelonghui, Nanjing Julong (300644.SZ) stated on the investor interactive platform that Jiangsu Shuntian is the company's second largest shareholder, and the company currently has no business cooperation with Jiangsu Shuntian.
Subdued Growth No Barrier To Jiangsu Sainty Corp., Ltd. (SHSE:600287) With Shares Advancing 28%
Jiangsu Sainty (SHSE:600287) Strong Profits May Be Masking Some Underlying Issues
Jiangsu Suntian (600287.SH) released the first three quarter results, net profit of 54.77 million yuan, up 41.45% year-on-year
Jiangsu Shuntian (600287.SH) disclosed its report for the third quarter of 2023. The company achieved operating income during the reporting period...
Don't Race Out To Buy Jiangsu Sainty Corp., Ltd. (SHSE:600287) Just Because It's Going Ex-Dividend
Interpretation of Jiangsu Suntian's 2023 Interim Report: Performance is declining, cash flow is tight, and questions continue
According to Jiangsu Suntian's 2023 interim report data, revenue for the reporting period was 1,702,343,373.42 yuan, down 13.19% from 1,961,013,417.78 yuan in the same period last year. The magnitude of this decline cannot be ignored, indicating that the company's revenue capacity is declining. This is certainly a warning sign for investors. Meanwhile, net profit attributable to shareholders of listed companies during the reporting period was $29,225,662.68, down 4.92% from $30,737,264.41 in the same period last year. This further confirms the company's profitability
Jiangsu Suntian (600287.SH) will distribute 2022 cash dividends of 0.09 yuan per share on August 29
Jiangsu Suntian (600287.SH) announced that the company will release 2022 on August 29, 2023...
Jiangsu Suntian (600287.SH): Net profit for the first half of the year was 29.2257 million yuan, down 4.92% year on year
GLONGHUI, August 21: Jiangsu Suntian (600287.SH) announced the 2023 semi-annual report. The reporting period achieved operating income of 1,702 billion yuan, down 13.19% year on year; net profit attributable to shareholders of listed companies was 292.257 million yuan, down 4.92% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 357.82 million yuan, down 5.02% year on year; basic earnings per share were 0.0669 yuan.
Jiangsu Suntian (600287.SH): Takamatsu plans to be banned from entering the securities market for 3 years
On July 2, GLONGHUI, JIANGSU SUNTIAN (600287.SH) announced that on June 30, 2023, the company received the “Advance Notice of Administrative Penalties and Market Bans” (Penalty Letter [2023] No. 37) issued by the China Securities Regulatory Commission. The circumstances of Takamatsu's violation of the law are serious. According to section 221 of the “Securities Law” and the provisions of section 3 (1), section 4 (1) (1), section 5, and section 7 of the “Securities Market Prohibition Provisions” (Securities Regulatory Commission Order No. 185), the China Securities Regulatory Commission intends to decide to adopt a three-year securities market ban on Takamatsu. From the date the decision is announced, during the ban period
Jiangsu Shuntian: accelerate Transformation and Innovation, deepen cultivation and expand New areas of Market Service
In the first quarter of 2022, Jiangsu Shuntian achieved revenue of 855 million yuan, an increase of 12.60% over the same period last year; its net profit was 13.3174 million yuan, a substantial turnround over the same period last year; and basic earnings per share turned to 0.031 yuan per share. In the face of the current complex economic environment, the company closely invests resources around the main business of trade. Consolidate the advantages in the field of traditional clothing business, strengthen the construction of the ability to cope with market changes, define the direction of specialization, create value with specialization, and create a differentiated competitive advantage in specific market segments; actively promote the standardization and refinement of business management, and constantly enhance the core competitiveness.
No Data