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

Can the 5,000-word report letter help Bao keep Zhongju Hi-Tech?

A report letter said that the actual control of Zhongju Hi-Tech (600872.SH) changed the apprenticeship variables. Baoneng now apparently doesn't want to easily lose the assets of Zhongju Hi-Tech. On July 12, Zhongshan Runtian Investment Co., Ltd. (“Zhongshan Runtian”), a shareholder of Zhongju Gaoxin Baoneng Group, published a 5,000 word long statement on Baoneng Group's official website stating that it had reported in real name to the Securities Regulatory Commission, the Guangdong Securities Regulatory Bureau, the Shanghai Stock Exchange and other party committees and governments, Zhongshan Torch Industry Joint Co., Ltd. (“Zhongshan Torch”), Zhongshan Torch Group Co., Ltd. (hereinafter referred to as “Zhongshan Torch Group”) and co-actors are suspected of false lawsuits and manipulation of evidence

Wallstreet NewsJul 14, 2023 02:01 ET

Zhongjing Food to Unlock Shares Representing 19% Stake

MT NewswiresNov 22, 2021 22:50 ET