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CICC Downgrades Guangdong Guanhao High-Tech to Market Perform From Outperform, Price Target Is 3.70 Yuan
Guangdong Guanhao High-Tech's (SHSE:600433) Three-year Decline in Earnings Translates Into Losses for Shareholders
Guanhao Hi-Tech Report for the Third Quarter of 2024
Guangdong Guanhao High-Tech (600433.SH): The net income for the first three quarters was 69.9855 million yuan, a year-on-year increase of 200.88%.
Guangdong Guanhao High-Tech (600433.SH) announced its third quarter report for 2024 on October 25th. The company's revenue for the first three quarters was 5.338 billion yuan, a decrease of 0.86% year-on-year; the net income attributable to shareholders of the listed company was 69.9855 million yuan, an increase of 200.88% year-on-year; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 32.9006 million yuan, an increase of 142.04% year-on-year; and the basic earnings per share was 0.04 yuan.
Would Guangdong Guanhao High-Tech (SHSE:600433) Be Better Off With Less Debt?
We Think That There Are More Issues For Guangdong Guanhao High-Tech (SHSE:600433) Than Just Sluggish Earnings
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