Tianfeng Securities: Tianfeng Securities Co., Ltd. Report for the Third Quarter of 2024

SZSIOct 30 12:00 ET · Announcements

Tianfeng Securities Co., Ltd. Third Quarter Report 2024

SZSIOct 30 12:00 ET · Announcements

Tianfeng Securities: maintains a 'buy' rating on Era Angel, with strong overseas business growth.

Tianfeng Securities released research reports stating that it maintains a 'buy' rating on SITC Technology (06699), with expected revenue of 1.776/2.184/2.685 billion yuan and expected net income attributable to mother of 0.07/0.156/0.269 billion yuan for the years 2024-2026. It is reported that the company's 2024 interim report showed revenue of 0.862 billion yuan, a 39.8% year-on-year increase; and net income attributable to mother of 22.479 million yuan, a 30.4% year-on-year decrease. In particular, the china market achieved revenue of 0.633 billion yuan, a 10% year-on-year increase.

Sina Hong Kong stocks.Oct 23 05:16 ET

tianfeng (601162.SH): There is no plan for merger and reorganization or other significant matters that should be disclosed but have not been disclosed.

Gelonghui October 16th | tianfeng Securities (601162.SH) stated on the interactive platform that the company does not have any merger and reorganization plans or other significant undisclosed matters that should be disclosed.

Gelonghui FinanceOct 16 05:43 ET

tianfeng Securities: Maintains a "buy" rating on 361 degrees, with online growth leading in Q3 24.

Tianfeng Securities released a research report stating that it maintains a 'buy' rating on 361 degrees (01361), expecting the company's revenue in 2024 and 2025 to be 10.09 billion RMB, 11.69 billion RMB, and 13.45 billion RMB respectively; net profit attributable to shareholders to be 1.11 billion RMB, 1.29 billion RMB, and 1.53 billion RMB respectively; corresponding EPS to be 0.54 RMB/share, 0.62 RMB/share, and 0.74 RMB/share. Tianfeng Securities' main points are as follows: In Q3 2024, 361 degrees' offline main brand retail performance was good, with a year-on-year growth of about 10%.

Sina Hong Kong stocksOct 15 23:05 ET

Tianfeng: Maintaining a "buy" rating on chow tai fook. Continued rise in gold prices may temporarily hinder consumer enthusiasm.

Tianfeng Securities released research reports stating that they maintain a "buy" rating on Chow Tai Fook (01929), as the strong performance of gold prices affects gold jewelry consumption. At the same time, the optimization of gross margin with the increase in the proportion of fixed-price products, adjusting the company's profit forecast. It is expected that the revenue for FY25-27 will be 94.5 billion Hong Kong dollars, 103.9 billion Hong Kong dollars, and 114.5 billion Hong Kong dollars respectively (previously 113.6 billion Hong Kong dollars, 121.4 billion Hong Kong dollars, 130.3 billion Hong Kong dollars), and the net profit attributable to owners will be 5.98 billion Hong Kong dollars, 6.91 billion Hong Kong dollars, 7.94 billion Hong Kong dollars (previously 6.9 billion Hong Kong dollars, 7.6 billion Hong Kong dollars, 8.5 billion Hong Kong dollars); EPS will be 0.60 Hong Kong dollars.

Sina Hong Kong stocksOct 10 05:55 ET