economy

Deep Company Morning Report | BYD's Net Profit Breaks 10 Billion Yuan in the Fir

I. Company News

Vihaida: Plans to Grant 788,000 Restricted Shares to 59 Incentive Recipients

Vihaida (301318.SZ) announced on the evening of August 28 that the first grant of the incentive plan will involve a total of 59 incentive recipients. The incentive tool used is restricted shares, which include the company's A-share common stocks repurchased from the secondary market and/or newly issued A-share common stocks specifically to the incentive recipients. The total amount of restricted shares to be granted to the incentive recipients is 788,000, accounting for approximately 0.58% of the company's total share capital of about 135 million shares at the time of the announcement of the incentive plan draft. The grant price for the first grant of restricted shares is 13.17 yuan per share, meaning that after meeting the grant and vesting conditions, the incentive recipients can purchase the company's A-share common stocks repurchased from the secondary market and/or newly issued A-share common stocks specifically to the incentive recipients at a price of 13.17 yuan per share. The validity period is from the date of the first grant of restricted shares to the date when all the restricted shares granted to the incentive recipients are vested or become void, not exceeding 60 months.

Minglida: First Half-Year Net Loss of 97.09 Million Yuan, a Turn from Profit to Loss Compared to the Same Period Last Year

Minglida (301268.SZ) announced that in the first half of 2024, the company's operating revenue was 1,105,995,304.57 yuan, a year-on-year decrease of 46.52%; the net profit attributable to the shareholders of the listed company was -97,087,208.50 yuan, a year-on-year decrease of 149.95%. The net cash flow generated from operating activities was -252,143,860.12 yuan, a year-on-year decrease of 228.98%. The company plans not to distribute cash dividends, not to issue bonus shares, and not to increase the share capital by transferring capital reserve.

Advertisement

Smart Life Technology: First Half-Year Net Profit of Approximately 12.49 Million Yuan in 2024

Smart Life Technology (300771.SZ) released its semi-annual performance report on the evening of August 28, stating that in the first half of 2024, the operating revenue was approximately 165 million yuan, a year-on-year increase of 15.72%; the net profit attributable to the shareholders of the listed company was approximately 12.49 million yuan; the basic earnings per share were 0.05 yuan. In the same period of 2023, the operating revenue was approximately 142 million yuan; the net profit attributable to the shareholders of the listed company was a loss of approximately 8.7 million yuan; the basic earnings per share were a loss of 0.04 yuan.

Ugreen Technology's First Post-Listing Performance, Achieving Revenue of 2.743 Billion Yuan

On the evening of August 28, Ugreen Technology (301606.SZ), which just landed on the Growth Enterprise Market in July this year, disclosed its first semi-annual report after listing. The financial report shows that in the first half of 2024, Ugreen Technology achieved a revenue of 2.743 billion yuan, a year-on-year increase of 29.31%; the net profit attributable to the shareholders of the listed company was 207 million yuan, a year-on-year increase of 11.30%; the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 201 million yuan, a year-on-year increase of 13.59%.

CIMC Group: First Half-Year Net Profit of 866 Million Yuan, a Year-on-Year Increase of 117.23%

CIMC Group announced that in the first half of the year, the net profit was 866 million yuan, a year-on-year increase of 117.23%.Zhongji Group (000039.SZ) disclosed its semi-annual report on the evening of August 28th, revealing that the company achieved a total operating income of 79.115 billion yuan in the first half of the year, a year-on-year increase of 30.61%; net profit was 866 million yuan, a year-on-year increase of 117.23%; net profit after deducting non-recurring gains was 820 million yuan, a year-on-year decrease of 16%; basic earnings per share were 0.16 yuan.

Hua Peng Fei's net cash flow in the first half of the year was 96.6044 million yuan, a year-on-year decrease of 54.65%, with an operating cash flow of negative 19.4 million yuan.

Hua Peng Fei (300350.SZ) mid-year report data shows that from January to June 2024, the company's net cash flow was 96.6044 million yuan, a year-on-year decrease of 54.65%. Specifically, the operating cash flow was -19.4 million yuan, the investing cash flow was 157 million yuan, and the financing cash flow was -41.2746 million yuan.

During the reporting period, the company received 165 million yuan in cash from the sale of goods and provision of services, and 4.2262 million yuan in cash from investment income. Cash paid for the purchase and construction of fixed assets, intangible assets, and other long-term assets was 4.1688 million yuan.

Ju Fei Optoelectronics' total operating expenses in the first half of the year were 1.262 billion yuan, with sales expenses of 34.2225 million yuan.

Ju Fei Optoelectronics (300303.SZ) mid-year report data shows that from January to June 2024, the company's total operating income was 1.393 billion yuan, a year-on-year increase of 20.43%, and the total operating expenses were 1.262 billion yuan, a year-on-year increase of 20.71%. Among these, operating expenses were 1.055 billion yuan, sales expenses were 34.2225 million yuan, administrative expenses were 73.2082 million yuan, and financial expenses were 1.8559 million yuan. The operating profit was 160 million yuan, a year-on-year increase of 23.45%.

Zhao Wei Electromechanical: Net profit of 93.8271 million yuan in the first half of 2024, a year-on-year increase of 29.05%.

On August 27th, Zhao Wei Electromechanical (003021.SZ) released its semi-annual report for 2024, achieving a total operating income of 645 million yuan in the first half of 2024, a year-on-year increase of 28.10%; net profit was 93.8271 million yuan, a year-on-year increase of 29.05%; basic earnings per share were 0.39 yuan; the return on average net assets (ROE) was 3.01%.

Baoming Technology releases first-half performance, with a net loss of 46.4 million yuan.

Baoming Technology (002992.SZ) released its semi-annual report for 2024, with operating income of 719 million yuan, a year-on-year increase of 40.92%. The net loss attributable to shareholders of the listed company was 46.4 million yuan. The net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses was 53.8235 million yuan. Basic earnings per share were -0.26 yuan.Kangguan Technology's First Half-Year Revenue Reaches 6.6 Billion Yuan, Growing by 32.76%

On the evening of August 28, Kangguan Technology (001308.SZ) disclosed its semi-annual report for 2024. During the reporting period, the company achieved a revenue of approximately 6.6 billion yuan, a year-on-year increase of 32.76%, and a net profit attributable to the shareholders of the listed company of about 409 million yuan, with a basic earnings per share of 0.60 yuan. Notably, the company's innovative display products achieved a revenue of 645 million yuan, a year-on-year increase of 94.13%, and a shipment volume increase of 198.92%.

Kangtai Biological's First Half-Year Performance, Net Profit of 165 Million Yuan, a Year-on-Year Decrease of 67.61%

Kangtai Biological (300601.SZ) released its semi-annual report for 2024, with a total revenue of 1.202 billion yuan, a year-on-year decrease of 30.54%. The net profit attributable to the shareholders of the listed company was 165 million yuan, a year-on-year decrease of 67.61%. The net profit attributable to the shareholders of the listed company, after deducting non-recurring gains and losses, was 122 million yuan, a year-on-year decrease of 71.66%. The basic earnings per share were 0.15 yuan.

BYD's First Half-Year Net Profit Exceeds 10 Billion Yuan, Cash Flow from Operating Activities Decreases by 82.7%

On August 28, BYD Company Limited (002594.SZ) released its interim report for 2024. The report shows that BYD's first half-year revenue was 301.1 billion yuan, a year-on-year increase of 15.76%; the net profit was 13.63 billion yuan, a year-on-year increase of 24%. However, cash and cash equivalents decreased by 54.285 billion yuan, a year-on-year decline of 293.56%.

Looking at the business segments, the revenue from automobile, automobile-related products, and other products was 228.3 billion yuan, a year-on-year increase of 9.33%; the revenue from mobile phone components, assembly, and other products was 72.78 billion yuan, a year-on-year increase of 42.45%; their respective proportions in the total revenue were 75.82% and 24.17%. In terms of gross margin, the gross margin for automobile, automobile-related products, and other products was 23.94%, an increase of 3.27 percentage points year-on-year; the gross margin for mobile phone components, assembly, and other products was 7.71%, a decrease of 1.06 percentage points year-on-year.

Mannstar: First Half-Year Net Profit of 72.004 Million Yuan, a Year-on-Year Decrease of 54.67%

Mannstar (301325.SZ) released its semi-annual report for 2024, in which the company achieved a revenue of 350 million yuan during the reporting period, a year-on-year increase of 1.10%; the net profit attributable to the shareholders of the listed company was 72.004 million yuan, a year-on-year decrease of 54.67%; the net profit attributable to the shareholders of the listed company, after deducting non-recurring gains and losses, was 52.2361 million yuan, a year-on-year decrease of 64.56%; the basic earnings per share were 0.50 yuan per share.

The company plans to distribute a cash dividend of 2.10 yuan (including tax) for every 10 shares to all shareholders, with no bonus shares (including tax), and no capital increase from the public reserve fund.Star Origin Material Reports First Half-Year Performance, Net Profit of 242 Million Yuan, a Decrease of 36.11% Year-on-Year

Star Origin Material (300568.SZ) has released its semi-annual report for 2024, stating that during the reporting period, the company achieved a total operating income of 1.654 billion yuan, a year-on-year increase of 21.89%; the net profit attributable to shareholders of the listed company was 242 million yuan, a year-on-year decrease of 36.11%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 177 million yuan, a year-on-year decrease of 41.59%; the basic earnings per share were 0.18 yuan per share.

SF Holding: First Half-Year Net Profit of 4.807 Billion Yuan, a Year-on-Year Increase of 15.1%

SF Holding (002352.SZ) has published its semi-annual report, showing that in the first half of 2024, the company's total operating revenue was 134.41 billion yuan, a year-on-year increase of 8.08%; the net profit attributable to the mother company was 4.807 billion yuan, a year-on-year increase of 15.1%.

KSTAR: First Half-Year Net Profit of 219 Million Yuan, a Decrease of 56.24% Year-on-Year

KSTAR (002518.SZ) has announced its semi-annual report for 2024, revealing that during the reporting period, the total operating income was 1.891 billion yuan, a year-on-year decrease of 32.99%; the net profit attributable to shareholders of the listed company was 219 million yuan, a year-on-year decrease of 56.24%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 207 million yuan, a year-on-year decrease of 57.66%; the basic earnings per share were 0.38 yuan.

Leave A Comment