Is China Satellite Communications (SHSE:601698) Using Too Much Debt?

Simply Wall StDec 10 20:31 ET

By 2030, 0.1 million eVTOL aircraft! The low-altitude economy continues to "soar", multiple stocks hit the limit up.

Trillion-dollar market size

Gelonghui FinanceNov 27 02:42 ET

Capital Allocation Trends At China Satellite Communications (SHSE:601698) Aren't Ideal

Simply Wall StNov 19 20:04 ET

Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.

In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.

Zhitong FinanceNov 14 18:40 ET

[Data Observation] The activity of institutions continues to decline as two algo positions join forces to buy china satellite communications at a low price.

① Since the beginning of this week, the activity of institutions on the dragon and tiger list has continued to decline, with the number and amount of stocks bought both decreasing. ② The stocks of china satellite communications that hit the daily limit have been bought by two algo funds, with a total purchase amount exceeding 0.12 billion.

cls.cnNov 14 05:12 ET

China Satellite Communications (601698.SH): The short-term stock price increase is significantly higher than the index level of the same industry.

Geelong reported on November 11th that China Satellite Communications (601698.SH) announced that the company's stock prices rose by more than 20% cumulatively for three consecutive trading days on November 6th, 7th, and 8th, 2024. After releasing an announcement on abnormal stock trading volatility, the company's stock once again hit the limit up on November 11th, with a closing price of 24.68 yuan per share. The company's short-term stock price increase is significantly higher than the industry index level, but there have been no major changes in the company's fundamentals, and there is also no undisclosed significant information that should be disclosed. The company operates high-orbit satellite communication for broadcasting, providing satellite resource operational services to customers.

Gelonghui FinanceNov 11 06:53 ET