Capital Allocation Trends At Shanghai Flyco Electrical Appliance (SHSE:603868) Aren't Ideal
Increased sales expenses drag down profits? Shanghai Flyco Electrical Appliance: It is due to the launch of multiple new products and increased investment and online promotion | Directly addressing the earnings conference.
1. shanghai flyco electrical appliance Q3 net income declined by more than 30%, the company's CFO Hu Ying said it was mainly due to the dual impact of the company's global strategy adjustment transition period and changes in consumer environment; 2. shanghai flyco electrical appliance stated that the year-on-year increase in sales expenses was mainly due to changes in the market environment and the introduction of more new products this year, resulting in increased investment and online promotion.
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Feike Electric: Shanghai Feike Electric Co., Ltd. 2024 Third Quarter Report.docx
Shanghai Feike Electric Co., Ltd. 2024 Third Quarter Report.docx
shanghai flyco electrical appliance (603868.SH) released its performance for the first three quarters, with a net income of 0.465 billion yuan, a year-on-year decrease of 43.82%.
shanghai flyco electrical appliance (603868.SH) disclosed the third quarter report for 2024, the company achieved operating income in the first three quarters...
Shanghai Flyco Electrical Appliance (603868.SH): The net income for the first three quarters was 0.465 billion yuan, a decrease of 43.82% year-on-year.
Shanghai Flyco Electrical Appliance (603868.SH) announced on October 30th that it achieved revenue of 3.321 billion yuan in the first three quarters of 2024, a decrease of 16.85% year-on-year; the net income attributable to shareholders of the listed company was 0.465 billion yuan, a decrease of 43.82% year-on-year, with basic earnings per share of 1.07 yuan. In the third quarter of 2024, revenue reached 1.002 billion yuan, a decrease of 24.10% year-on-year; the net income attributable to shareholders of the listed company was 0.149 billion yuan, a decrease of 31.84% year-on-year, with basic earnings per share of 0.34 yuan.
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Shanghai Feike Electric Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Shanghai Feike Electric Co., Ltd.
shanghai flyco electrical appliance (603868.SH): net income of 0.315 billion yuan in the first half of the year, a year-on-year decrease of 48.13%
Flyco Electrical Appliance (603868.SH) announced its semi-annual report for 2024, achieving a revenue of 2.319 billion yuan, a decrease of 13.27% compared to the same period last year; net income attributable to shareholders of the listed company was 0.315 billion yuan, a decrease of 48.13% compared to the same period last year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.275 billion yuan, a decrease of 45.70% compared to the same period last year; basic earnings per share was 0.72 yuan.
Shanghai Flyco Electrical Appliance Co., Ltd.'s (SHSE:603868) Shares Lagging The Market But So Is The Business
A Look At The Intrinsic Value Of Shanghai Flyco Electrical Appliance Co., Ltd. (SHSE:603868)
Shanghai Flyco Electrical Appliance (603868.SH): Joint venture repurchases part of the company's equity held.
On June 24th, Gelonhui reported that Shanghai Flyco Electrical Appliance (603868.SH) and Chuanmi Technology (Shanghai) Co., Ltd. and its shareholders signed the "Stock Repurchase and Capital Reduction Agreement of Chuanmi Technology (Shanghai) Co., Ltd." on June 24, 2024. Chuanmi Technology repurchased RMB 30 million of its registered capital from Flyco Electrical Appliance, which was worth RMB 900,090 (corresponding to 1.4927% equity of Chuanmi Technology before this capital reduction). After the repurchase, the company's equity stake will be reduced from 14.1791% to 13.7945%. According to the agreement, the capital stock of Chuanmi Technology
Investors in Shanghai Flyco Electrical Appliance (SHSE:603868) Have Unfortunately Lost 29% Over the Last Year
Huafu Securities: What is the logic behind the boom in home appliance exports? How long can I watch it?
The Zhitong Finance App learned that Huafu Securities released a research report saying that with the elimination of durable goods retail inventories, mainly in the US market, there are signs of recovery in US real estate, and the white electricity and tool categories are expected to benefit; at the same time, the Paris Olympics will open in July, which is expected to drive demand for black electricity. From a long-term perspective, categories such as robot vacuum cleaners and televisions have now gained a certain market share overseas with their respective advantages, and white electric faucets are also gradually promoting independent brands to go overseas through the idea of “localization”, which is expected to improve the profitability and certainty of the export business in the long term. Benefit bonus style
Shanghai Flyco Electrical Appliance Co., Ltd.'s (SHSE:603868) Earnings Are Not Doing Enough For Some Investors
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