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The Three-year Decline in Earnings for Shanghai Material Trading SHSE:600822) Isn't Encouraging, but Shareholders Are Still up 27% Over That Period
Shanghai material trading (600822.SH): The company's fundamentals have not changed significantly.
Grain Surging announced on November 18 that Shanghai Material Trading (600822.SH) disclosed that the company's A-share stocks have increased by 36.08% since November 12, 2024, while the SSE Composite Index has dropped by 2.87% during the same period. The company's stock price has a short-term increase higher than the SSE Composite Index, indicating the risk of market sentiment overheating. From November 12, 2024, to November 18, 2024, the company's stock has been in a trading halt for 3 consecutive trading days, but there has been no significant change in the company's fundamentals. On November 18, 2024, the company's A-share stock had an amplitude of 19.98% and a turnover ratio of 2.
Shanghai material trading (600822.SH): Actively contacting top new energy brands, expanding and optimizing the layout of new energy vehicle outlets
Gelonghui on November 6th: Shanghai Material Trading (600822.SH) stated on the investor interaction platform that the company is currently preparing to build the transformation project of Shanghai Zhandal Road No. 570 autos industry park, and actively contacting top new energy fund brands to expand and optimize the electric vehicles network layout, the introduction and landing of relevant brands still have uncertainties.
Shanghai Mercantile Trade: third quarter report 2024
Third Quarter Report 2024
shanghai material trading (600822.SH): the net income was 45.7835 million yuan in the first three quarters, a decrease of 64.44% year-on-year.
Gelonghui October 30th | Shanghai Material Trading (600822.SH) issued an announcement, achieving revenue of 4.48 billion yuan in the first three quarters of 2024, a decrease of 22.39% year-on-year; net income attributable to shareholders of the listed company was 45.7835 million yuan, a decrease of 64.44% year-on-year, with basic earnings per share of 0.0923 yuan.