601058 Sailun Group
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Sailun Group News
Sailun Group's performance is expected to increase in the first half of 2024.
Express News | Sailun Says It Sees H1 Net Profit up 102.7-108.4% Y/Y
Sailun Group (601058.SH): Net income in the first half of the year is expected to increase by 102.68% to 108.41%.
Sailun Group (601058.SH) announced the performance forecast for the first half of 2024. It is expected to achieve a net income attributable to shareholders of the listed company of ¥2.12 billion to ¥2.18 billion, an increase of ¥1.074 billion to ¥1.134 billion compared to the same period last year (legally disclosed data), a year-on-year increase of 102.68% to 108.41%. It is expected to achieve a deducted non-recurring profit and loss net profit attributable to shareholders of the listed company of ¥2.03 billion to ¥2.09 billion in the first half of 2024, compared to the same period last year (disclosed data).
Benign Growth For Sailun Group Co., Ltd. (SHSE:601058) Underpins Its Share Price
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider Sailun Group Co., Ltd. (SHSE:601058) as a highly attractive investment with its 11.8x P
Sailun Group (601058.SH) shareholder China Union has reduced its shareholding by 1%.
Sailun Group (601058.SH) issued a public announcement. On June 19, 2024, the company received a letter from shareholder Xinhua United Control...
The Total Return for Sailun Group (SHSE:601058) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
Sailun Group Co., Ltd. (SHSE:601058) shareholders might be concerned after seeing the share price drop 12% in the last month. But that does not change the realty that the stock's performance has be
Sailun Tire (601058.SH) plans to pay 0.17 yuan per share in 2023, excluding interest on June 7
Sailun Tire (601058.SH) announced that the company plans to pay a cash dividend of 0.17 yuan per share in 2023...
Race Wheel Tire (601058.SH): Currently, the company's export products have not been forced to be suspended
Gelonghui, May 22丨Sailun Tire (601058.SH) said on the investor interactive platform that currently the company mainly exports tires to North America through factories in Vietnam and Cambodia, and currently the company's exports of products have not been suspended.
Sailun Group Co., Ltd.'s (SHSE:601058) Stock Is Going Strong: Is the Market Following Fundamentals?
Sailun Group's (SHSE:601058) stock is up by a considerable 21% over the past three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key
Sailun Tire (601058.SH): The current rise in shipping costs has not had a significant impact on the company
Gelonghui, May 14 | Sailun Tire (601058.SH) said on the investor interactive platform that the company's current sales to overseas customers are mainly based on the FOB model, and at the same time, it also signed long-term agreements for some routes in 2024. Therefore, the current rise in sea freight rates has not had a significant impact on the company.
Cinda Securities: Domestic demand is steady and improving, and 24Q1 Tire Company's revenue and profits are showing a positive trend
2024Q1, the revenue and profits of listed tire companies have basically increased year-on-year. This is mainly due to the steady improvement in domestic demand, and overseas demand was disrupted by inventory removal during the same period in 2023.
Sailun Group's (SHSE:601058) Earnings Are Of Questionable Quality
Sailun Group Co., Ltd.'s (SHSE:601058) robust earnings report didn't manage to move the market for its stock. Our analysis suggests that this might be because shareholders have noticed some concernin
Sailun Jinyu Group's 2023 Profit Surges 132%; Shares Fall 4%
Sailun Jinyu Group's (SHA:601058) attributable profit surged 132% to 3.09 billion yuan in 2023 from 1.33 billion yuan in 2022, according to the company's annual report filed Monday with the Shanghai S
Sailun Group Co., Ltd.'s (SHSE:601058) Largest Shareholders Are Retail Investors With 37% Ownership, Institutions Own 28%
Key Insights Significant control over Sailun Group by retail investors implies that the general public has more power to influence management and governance-related decisions 51% of the business is
Shenwan Hongyuan: Strong export demand combined with downstream policies increasing tire valuations are expected to continue to recover
The Zhitong Finance App learned that Shen Wan Hongyuan released a research report saying that equipment renewal and consumer goods trade-in policies have been strengthened, and construction machinery and automobiles have once again emphasized renewal, elimination and subsidy policies, which is expected to drive demand for original related parts. Combined with continued strong domestic and foreign demand, orders remain in short supply, and the long-term logic of increasing the fundamental share of tires remains unchanged. The overall tire sector valuation is expected to continue to recover. Furthermore, the long-term share increase logic remains unchanged, and companies are expected to maintain high performance growth in 2024. In recent years, the consumption structure of overseas products has changed, and demand in the US market is gradually moving closer to cost-effective products. Chinese tire companies are
Cinda Securities: Demand is steady, domestic tire operating rate remains high in March
Raw material prices fell in late March
Sailun Tire (601058.SH): Xinhualian Holdings plans to reduce its holdings by no more than 1%
Gelonghui, April 10 | Sailun Tire (601058.SH) announced that the restructuring plan of Xinhualian Holdings has been decided and approved by the Beijing No. 1 Intermediate People's Court. The company's shares held by it are debt repayment resources for this restructuring, and it is proposed to dispose of some of the company's shares through centralized bidding according to the restructuring plan. According to the restructuring plan, within 3 months after 15 trading days from the disclosure of this announcement, Xinhualian Holdings plans to use centralized bidding to reduce its holdings of no more than 3288.1 million shares of the company, no more than 1% of the company's total share capital, and no more than 12.41% of the company's shares. The reduction price is
Returns On Capital At Sailun Group (SHSE:601058) Have Stalled
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increa
We Think Sailun Group (SHSE:601058) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it might be obvious that you need to consider debt, whe
Sailun Tire (601058.SH): Combines various factors such as market demand and production costs to adjust prices for some products
Gelonghui, March 19 | Sailun Tire (601058.SH) said on the investor interactive platform that the company has established long-term strategic partnerships with core suppliers of major raw materials, and the company will also use more price-advantageous raw materials on the premise that they meet product performance requirements according to product planning and market needs. Short-term fluctuations in raw material prices have little impact on the company. For example, the price of raw materials continues to rise, and the company adjusts prices for some products by combining various factors such as market demand and production costs.
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