Shanghai Phoenix Enterprise (Group) Co., Ltd.'s (SHSE:600679) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Shanghai Phoenix Enterprise (Group) (SHSE:600679) has had a great run on the share market with its stock up by a significant 9.0% over the last week. However, we decided to pay attention to the

Simply Wall StJul 17 18:18 ET

Shanghai Phoenix Enterprise (600679.SH) plans to invest 41 million yuan to establish six subsidiaries.

On July 17, Gelunhui reported that Shanghai Phoenix Enterprise (600679.SH) established three subsidiaries in the past 12 months with its own funds in response to the need to integrate its bicycle business, further highlight specialized operation, strengthen the promotion of its high-end brand 'FNIX', improve marketing and production layout, accelerate overseas market expansion, and enhance the overall competitiveness of the company's bicycle business. The wholly-owned subsidiary established by the company's investment is Phoenix International Investment (Tianjin) Co., Ltd., with a investment of 10 million yuan; Shanghai.

Gelonghui FinanceJul 17 06:46 ET

Shanghai Phoenix Enterprise's performance is expected to increase in the first half of 2024.

Sensex a shareJul 10 12:00 ET · Announcements

Shanghai Phoenix Enterprise (600679.SH): Net income from regular operations is expected to increase by 58.40% year-on-year.

On July 10th, Gelunhui announced that Shanghai Phoenix Enterprise (600679.SH) is expected to achieve a net income of around 40 million yuan attributable to the owner of the parent company in the first half of 2024, which increased by 58.40% year on year, according to the preliminary measurement by the company's finance department. And it is expected to achieve a net income of 35.7913 million yuan after deducting non-recurring gains and losses attributable to the owner of the parent company, up 101.60% year on year. In 2024, the Chinese economy will continue to recover and improve, and import and export scale will steadily increase. From January to May 2024,

Gelonghui FinanceJul 10 06:56 ET

Shanghai Phoenix Enterprise (600679.SH) plans to distribute a cash dividend of 59.9692 million yuan through its wholly-owned subsidiary.

Shanghai Phoenix Enterprise (600679.SH) announced that, according to the provisions of the Company Law and the Articles of Association, in order to realize the interests of shareholders...

Zhitong FinanceJun 27 08:19 ET

Shanghai Phoenix Enterprise (600679.SH): not related to autonomous driving.

Shanghai Phoenix Enterprise (600679.SH) stated on the investor interaction platform on June 7th that the company's business does not involve autonomous driving.

Gelonghui FinanceJun 7 04:41 ET