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Is Xianhe Co.,Ltd.'s (SHSE:603733) ROE Of 14% Impressive?
XianheLtd (SHSE:603733) Sheds CN¥614m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Three Years
Xianhe Co., Ltd.'s report for the first half of 2024.
Summary of Xianhe Co., Ltd.'s 2024 interim report
Xianhe Co., Ltd. (603733.SH): The net income in the first half of the year was 550 million yuan, a year-on-year increase of 204.73%.
Gelonghui, August 14 | Xianhe Co., Ltd. (603733.SH) released its 2024 semi-annual report. During the reporting period, it achieved operating income of 4.604 billion yuan, up 22.23% year on year; net profit attributable to shareholders of listed companies was 0.55 billion yuan, up 204.73% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 0.499 billion yuan, an increase of 237.55% year on year; basic income per share was 0.78 yuan. The main reasons for the increase in net profit attributable to shareholders of listed companies by 204.73% over the same period last year are: 1) The commissioning of the “Crane 21 Convertible Bonds” fund-raising project,
We Think XianheLtd (SHSE:603733) Is Taking Some Risk With Its Debt
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