Raw material costs decrease, chongqing fuling zhacai group Q3 performance improves, accounts receivable rise | interpretations

In the first three quarters of this year, chongqing fuling zhacai group achieved revenue of 1.962 billion yuan, a year-on-year increase of 0.56%; net income attributable to the parent company was 0.671 billion yuan, a year-on-year increase of 1.74%. In the third quarter, the company mainly used freshly acquired qingcai tou as the raw material for producing pickled vegetables, with prices slightly lower than last year. To increase market share, the company increased customer credit limits, resulting in an over 12-fold year-on-year increase in accounts receivable at the end of the period.

cls.cnOct 29 08:44 ET

Stock price rose for four consecutive days. Lianhua Holdings' net profit for the first three quarters is expected to increase by over 60%. | Interpretations

1. Lotus Holdings announced today that the company's attributable net income for the first three quarters is expected to be 16 to 17 billion yuan, a year-on-year increase of over 60%; 2. Looking at the quarter by quarter performance, Lotus Holdings has maintained a growth in net income for four consecutive quarters. The net income for the third quarter of 2024 may reach a new high in quarterly profit in nearly three years; 3. Currently, condiments such as MSG and amino acid seasoning products are still the company's main business, while the computing power business is still in a loss-making phase.

cls.cnOct 15 09:40 ET

Chongqing Fuling Zhacai Group's H1 revenue and net profit both declined, with accounts receivable surging 8 times compared to the previous year-end in a bid to grab market share. Interpretations of financial reports.

① In the first half of the year, chongqing fuling zhacai group's revenue and net income both decreased. ② In order to increase the market share of its products, the company provided moderate credit limits to major customers, resulting in a 837.72% increase in accounts receivable at the end of the period compared to the previous year. ③ The company optimized and adjusted its organizational structure to maximize efficiency.

cls.cnAug 29 11:52 ET

Foshan Haitian Flavouring and Food's H1 performance growth rate basically meets the annual plan. The online growth rate is higher than the offline growth rate.|Interpretation of financial report

① "Sauce Maotai" Foshan Haitian Flavouring and Food is regaining growth. After experiencing a double decline in revenue and net profit last year, the company achieved double growth in performance in the first half of the year. ② According to interviews conducted by Cai Lianguo, online sales of condiments in the first half of the year may be better than the overall market. The condiment market is presenting structural opportunities, and the importance of the online market is increasing.

cls.cnAug 29 11:49 ET

Condiment giant encounters a "sour" situation: Hengshun Vinegar-Industry's performance has slipped significantly, which differs greatly from its stock incentive targets. | Interpretations of financial reports

①After jiangsu hengshun vinegar-industry's performance declined last year, it suffered a double decline in revenue and net profit in the first half of this year; ②In the stock incentive plan, the company has set performance targets of annual income growth of over 10% and profit growth of over 9% from 2024 to 2026, but the actual performance has a significant gap; ③The company's holding of "Guoquan" stocks resulted in an investment loss of -25.1907 million yuan in the first half of the year.

cls.cnAug 29 10:36 ET

160 billion were killed during the year. What did the Haitian flavor industry do wrong

Is the “market dream rate” investment dream broken?

wallstreetcnNov 1, 2023 06:47 ET