Little Excitement Around Eastern Air Logistics Co., Ltd.'s (SHSE:601156) Earnings
Are Investors Undervaluing Eastern Air Logistics Co., Ltd. (SHSE:601156) By 36%?
Eastern Air Logistics' 2024 Profit to Rise Up to 17%; Shares Down 4%
China Eastern Airlines Logistics 2024 Annual Results Forecast
China Eastern Airlines Logistics (601156.SH): Net profit for 2024 is expected to increase by 0.48% to 16.56%.
On January 24, Glonghui reported that Eastern Airlines Logistics (601156.SH) announced its annual performance forecast for 2024, expecting a net income attributable to the shareholders of the parent company to be between 2.5 billion yuan and 2.9 billion yuan, an increase of 0.48% to 16.56% year-on-year. It is expected that the net income attributable to the shareholders of the parent company, excluding non-recurring gains and losses, will be between 2.4 billion yuan and 2.8 billion yuan, an increase of 2.65% to 19.76% year-on-year. In 2024, driven by the booming development of cross-border e-commerce, the demand for international aviation logistics will continue to grow, with air transportation prices rising year-on-year. According to data from the International Air Transport Association,
Declining Stock and Decent Financials: Is The Market Wrong About Eastern Air Logistics Co., Ltd. (SHSE:601156)?
Guolian Securities: The simultaneous rise in volume and price, combined with the decline in aviation fuel costs, may enhance the profits of the cross-border Air Transportation Industry.
Benefiting from the demand of domestic cross-border e-commerce platforms going overseas and the constraints in the supply of capacity in the Industry, China's Air Transportation export industry is expected to maintain a tight balance between supply and demand, which may establish a foundation for raising the central price level.
China Eastern Airlines Logistics (601156.SH): Tianjin Ruiyuan has cumulatively reduced its Shareholding by 1.02%.
On December 27, Gelonghui reported that China Eastern Logistics (601156.SH) announced that it received a notice from Tianjin Ruiyuan regarding the reduction of shareholding, stating that Tianjin Ruiyuan is implementing its previously disclosed plan to reduce shareholding. From December 6, 2024, to December 27, 2024, the total number of shares reduced will be 16,226,000, accounting for 1.02% of the company's total shares.
What Does Eastern Air Logistics Co., Ltd.'s (SHSE:601156) Share Price Indicate?
Guolian: The busy season for air cargo has seen an increase in volume and stable prices, with mid-term prosperity expected to continue.
From the perspective of compound growth rate, the supply and demand gap in the Global Air Transportation Industry from 2023 to 2027 is 1.7%, remaining Bullish on the upward trend of the cross-border Air Transportation Industry.
Eastern Airlines Logistics (601156.SH): Tianjin Ruiyuan has cumulatively reduced its shareholding by 1.05%.
Great Wisdom reported on December 6th that Eastern Airlines Logistics (601156.SH) announced that on December 6, 2024, the company received a "Notice Letter on reaching a 1% shareholding reduction ratio" from Tianjin Ruiyuan. Tianjin Ruiyuan implemented the shareholding reduction plan disclosed earlier, with a total of 16,721,600 shares reduced from November 19, 2024, to December 5, 2024, accounting for 1.05% of the total shares of the company.
Individual Investors Own 23% of Eastern Air Logistics Co., Ltd. (SHSE:601156) Shares but Private Companies Control 55% of the Company
Earnings Working Against Eastern Air Logistics Co., Ltd.'s (SHSE:601156) Share Price
China Eastern Airlines Logistics: China Eastern Airlines Logistics Report for the Third Quarter of 2024
China Eastern Airlines Logistics Third Quarter Report 2024
Eastern Airlines Logistics (601156.SH): The net income in the third quarter was 0.79 billion yuan, a year-on-year increase of 100.65%.
On October 30, Donghang Logistics (601156.SH) announced that in the first three quarters of 2024, it achieved revenue of 17.674 billion yuan, a year-on-year increase of 24.19%; net income attributable to shareholders of the listed company was 2.067 billion yuan, a year-on-year increase of 24.14%, with basic earnings per share of 1.30 yuan. In the third quarter of 2024, revenue reached 6.388 billion yuan, up 31.55% year-on-year; net income attributable to shareholders of the listed company was 0.79 billion yuan, up 100.65% year-on-year, with basic earnings per share of 0.50 yuan.
Express News | Eastern Air Logistics Says Q3 Net Profit up 100.7% Y/Y
Eastern Air Logistics Target Price Set at CNY18.50 by Daiwa Capital Markets >601156.SH
Eastern Air Logistics Started at Outperform by Daiwa Capital Markets >601156.SH
Eastern Airlines Logistics (601156.SH) distributed half-yearly equity in 2024: $0.389 per share, with share registration on October 24th.
Eastern Airlines logistics (601156.SH) released the 2024 interim equity distribution announcement, with this profit distribution plan...