Here's Why Shanghai Jinqiao Export Processing Zone DevelopmentLtd (SHSE:600639) Is Weighed Down By Its Debt Load

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much

Simply Wall StMay 28 18:32 ET

Shanghai Jinqiao Export Processing Zone DevelopmentLtd's (SHSE:600639) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Last week's earnings announcement from Shanghai Jinqiao Export Processing Zone Development Co.,Ltd (SHSE:600639) was disappointing to investors, with a sluggish profit figure. We did some analysis, a

Simply Wall StMay 6 03:02 ET

Pudong Jinqiao (600639.SH) announced first-quarter results, net profit of 228 million yuan, a year-on-year decrease of 83.38%

Pudong Jinqiao (600639.SH) released its report for the first quarter of 2024. The company's revenue was 910 million yuan,...

Zhitong FinanceApr 29 03:39 ET

Shanghai Jinqiao Export Processing Zone Development Co.,Ltd's (SHSE:600639) Last Week's 4.1% Decline Must Have Disappointed Private Companies Who Have a Significant Stake

Key Insights The considerable ownership by private companies in Shanghai Jinqiao Export Processing Zone DevelopmentLtd indicates that they collectively have a greater say in management and business st

Simply Wall StApr 16 21:42 ET

Pudong Jinqiao (600639.SH): Net profit in 2023 increased 14.85% year-on-year, and plans to distribute 5.7 yuan for 10 shares

Gelonghui, April 11: Pudong Jinqiao (600639.SH) released its 2023 annual report, with operating income of 6.585 billion yuan, up 30.31% year on year, net profit of 1,819 billion yuan, up 14.85% year on year, after deducting non-net profit of 1,781 billion yuan, up 16.99% year on year, with basic earnings of 1.6204 yuan per share. A cash dividend of RMB 5.7 is distributed to all shareholders for every 10 shares.

Gelonghui FinanceApr 11 08:09 ET

Fangzheng Securities: Has the financial performance of housing enterprises bottomed out?

The Zhitong Finance App learned that by the end of 2023, Fangzheng Securities released a research report saying that by the end of 2023, the total contract liabilities (including advance payments) of the 25 housing enterprises whose main business is real estate development business (sample real estate companies, same below) that had disclosed annual results totaled 755.6 billion yuan, down 25.8% year-on-year from the 1018.9 billion yuan at the end of 2022. According to the 2023 financial report, due to factors such as gross margin pressure and depreciation calculation, it is quite common for housing enterprises to increase revenue and not increase profit. Considering that 2024 is still in the carry-over cycle for high land price projects, most housing enterprises have already fully depreciated in 2023. 2024Q1 housing

Zhitong FinanceApr 11 02:20 ET