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haitong sec: The eco-friendly concept industry receivables in 24Q3 are still a core issue, looking forward to the debt-to-equity policy driving valuation repair.
Based on the current revenue growth rate, the accounts receivable issues in the eco-friendly concept industry are expected to worsen in the first three quarters of 2024, and the amount of accounts receivable related to municipal public utilities is relatively large, paying attention to the implementation of debt reduction policies that bring valuation recovery space for the eco-friendly concept industry.
Private Companies Are Jiangxi Hongcheng Environment Co.,Ltd.'s (SHSE:600461) Biggest Owners and Were Hit After Market Cap Dropped CN¥394m
We Think Jiangxi Hongcheng EnvironmentLtd (SHSE:600461) Is Taking Some Risk With Its Debt
Jiangxi Hongcheng Environmental Co., Ltd. Report for the Third Quarter of 2024
Jiangxi Hongcheng Environment (600461.SH): The net income in the first three quarters was 0.922 billion yuan, a year-on-year increase of 3.82%.
Jiangxi Hongcheng Environment (600461.SH) announced on October 27th that it achieved revenue of 5.643 billion yuan in the first three quarters of 2024, a decrease of 1.22% year-on-year; net income attributable to shareholders of the listed company was 0.922 billion yuan, an increase of 3.82% year-on-year, with basic earnings per share of 0.76 yuan. In the third quarter of 2024, revenue was 1.697 billion yuan, a decrease of 7.77% year-on-year; net income attributable to shareholders of the listed company was 0.317 billion yuan, an increase of 4.69% year-on-year, with basic earnings per share of 0.25 yuan.
Jiangxi Hongcheng Environment (600461.SH) released its performance for the first three quarters, with a net income of 0.922 billion yuan, a year-on-year increase of 3.82%.
Jiangxi Hongcheng Environment (600461.SH) disclosed its third quarter report for 2024, achieving a revenue of 56...