In 2024, Qingda's revenue and net profit both increased, but the operating expenses of projects led to pressure on Cash / Money Market.
In 2024, Qingda Eco-friendly Concept achieved revenue of 1.314 billion yuan, a year-on-year increase of 27.67%; the net income attributable to the parent company was 92.9732 million yuan, a year-on-year increase of 7.26%; Qingda Eco-friendly Concept invested 57.4637 million yuan in research and development expenses in 2024, a year-on-year increase of 13.33%.
Qingda Environmental Protection: Qingda Environmental Protection 2024 Annual Report
Qingda Environmental Protection: Summary of Qingda Environmental Protection\'s 2024 Annual Report
Qingda Environmental Protection 2024 Annual Report
Summary of Qingda Environmental Protection\'s 2024 Annual Report
Qingda Eco-friendly Concept (688501.SH): In 2024, net income is expected to increase by 7.26% year-on-year, with a proposal of distributing 2.4 yuan per 10 shares.
On April 21, Gelonghui announced that Qingda Eco-friendly Concept (688501.SH) released its annual report for 2024, achieving total operating revenue of 1,314.0353 million yuan, a year-on-year increase of 27.67%. The net income attributable to shareholders of the listed company was 92.9732 million yuan, an increase of 7.26% year-on-year, while the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 81.0889 million yuan. At the end of the reporting period, the company had total assets of 3,075.8525 million yuan and net assets attributable to shareholders of the listed company of 957.7873 million yuan. A proposal to distribute dividends to all shareholders of 10 shares.
Qingda Eco-friendly Concept (688501.SH): Currently, there are no products exported to the USA.
On April 9th, Gelonghui reported that Qingda Eco-friendly Concept (688501.SH) stated on the interactive platform that the company's main Business is primarily focused on the Electrical Utilities market and currently does not have any products exported to the USA.
Qingdao Daneng Environmental Protection Equipment Co., Ltd. (SHSE:688501) Soars 31% But It's A Story Of Risk Vs Reward
Qingda Eco-friendly Concept (688501.SH): Plans to transfer a 120MW fish-solar complementary project.
On March 17, Gelonghui reported that Qingda Eco-friendly Concept (688501.SH) announced that the Board of Directors agreed to transfer the 120MW fish-solar complementary project held by its fully owned subsidiary Qingdao Xingshengda New energy Fund Technology Co., Ltd. (referred to as "Qingdao Xingshengda") to New Energy Xingshengzhou (Jiaozhou) New energy Fund Co., Ltd. (referred to as "New Energy Xingshengzhou Jiaozhou") through an Equity Transfer. After the completion of this Trade, the company will no longer Hold any shares in Qingdao Xingshengda, which will no longer be a consolidated subsidiary of the company; Qingdao Xingshengda will only maintain a relationship as the owner and general contractor with the company, which provides fish-solar complementary services for Qingdao Xingshengda.
Qingda Eco-friendly Concept (688501.SH): The application for the private placement has been accepted by the Shanghai Stock Exchange.
On March 7, Gelonghui reported that Qingda Eco-friendly Concept (688501.SH) announced that it received a notification from the Shanghai Stock Exchange on March 7, 2025, regarding the acceptance of Qingdao Danone Eco-friendly Concept Equipment Co., Ltd.'s application for securities issuance as a Star listed company (Shanghai Stock Exchange Review (Refinancing) [2025] No. 24). The Shanghai Stock Exchange verified the prospectus and related application documents submitted by the company for the securities issuance of the Star listed company according to relevant regulations, found that the application documents were complete and met the legal requirements, and decided to accept the application and conduct a review in accordance with the law.
Qingda Environmental: Qingda Environmental Protection 2024 Annual Performance Report Announcement
Qingda Environmental Protection 2024 Annual Performance Report Announcement
Soochow: Optimize the Electrical Utilities system adjustment capacity and accelerate the construction of a new type of Electrical Utilities system.
As the development of green electricity continues to advance in quality, construction investment is stabilizing. With the enhancement of reasonable consumption and utilization capacity, the absorption of New energy Fund is expected to be optimized between 2025 and 2027.
Qingda Eco-friendly Concept (688501.SH): The company's South Korea project is experiencing delivery delays due to the client's schedule impact.
On December 23, Glorious Exchange reported that Qingda Eco-friendly Concept (688501.SH) stated on the investor interaction platform that the delivery of the company's South Korea project has been delayed due to the client's construction schedule impact. The company will actively promote implementation and complete the delivery as soon as possible, with the specific time subject to the actual delivery.
haitong sec: The eco-friendly concept industry receivables in 24Q3 are still a core issue, looking forward to the debt-to-equity policy driving valuation repair.
Based on the current revenue growth rate, the accounts receivable issues in the eco-friendly concept industry are expected to worsen in the first three quarters of 2024, and the amount of accounts receivable related to municipal public utilities is relatively large, paying attention to the implementation of debt reduction policies that bring valuation recovery space for the eco-friendly concept industry.
Qingda Eco-friendly (688501.SH): The contract amount won in the first three quarters increased by over 30% year-on-year.
Gelonghui November 5th | Qingda eco-friendly concept (688501.SH) indicated on the investor interaction platform that the company's new order situation is good, with sufficient orders in hand, and the contract amount for the first three quarters of the company increased by more than 30% year-on-year. Among them, the flexibility transformation business orders saw a significant increase, with stable growth in bottom slag treatment systems, low-temperature flue gas waste heat recovery systems, and zero discharge systems for desulfurization wastewater.
There May Be Underlying Issues With The Quality Of Qingdao Daneng Environmental Protection Equipment's (SHSE:688501) Earnings
Qingda Environmental: Qingda Environmental Report for the Third Quarter of 2024
Qingda Environmental Report for the Third Quarter of 2024
Qingda eco-friendly concept (688501.SH): The company's products are not related to siasun robot&automation.
On October 11, Qingda Eco-friendly concept (688501.SH) stated on the interactive platform that the company's products are not related to siasun robot&automation.