No Data
Xiamen Sunrise Group Co., Ltd.'s (SZSE:002593) Price Is Right But Growth Is Lacking After Shares Rocket 35%
Xiamen Sunrise Group (002593.SZ): The U.S. Department of Commerce has decided to terminate the investigation after two rounds of review, which is beneficial in alleviating clients' concerns about the country of origin.
On May 7, Gelonghui reported that Xiamen Sunrise Group (002593.SZ) announced that it was recently informed that the U.S. Department of Commerce released the final ruling on May 6, 2025. According to federal regulation 19 CFR 351.225, the U.S. Department of Commerce revoked its scope investigation initiated on July 3, 2024, regarding steel wheels with a diameter of 22.5 to 24.5 inches made from Chinese wheel components used in Vietnam (referred to as the "scope investigation"). During this scope investigation, due to uncertainties in the investigation results, some downstream importers reduced imports of wheel products from New Changcheng in Vietnam, affecting the company's 2024.
Nisshang Group: Report for the first quarter of 2025
Xiamen Sunrise Group (002593.SZ): In the first quarter, net income was 14.2562 million yuan, a year-on-year decrease of 25.46%.
On April 28, Gelonghui reported that Xiamen Sunrise Group (002593.SZ) released its Q1 2025 report, achieving revenue of 0.724 billion yuan, a year-on-year decrease of 1.36%; the net income attributable to shareholders of the listed company was 14.2562 million yuan, down 25.46% year-on-year; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 10.4297 million yuan, an increase of 2.43% year-on-year; the basic EPS was 0.02 yuan.
Weak Statutory Earnings May Not Tell The Whole Story For Xiamen Sunrise Group (SZSE:002593)
Xiamen Sunrise Group (SZSE:002593) Shareholders Notch a 60% Return Over 1 Year, yet Earnings Have Been Shrinking
Xiamen Sunrise Group Co., Ltd. (SZSE:002593) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
