not vested
SMOORE INTL Warns of 1H Profit Fall of 46%-54%
SMOORE INTL (06969.HK) issued a profit warning, expecting that the profit and total comprehensive income for the six months ended 30 June 2022 of the Group will be RMB1.322 billion to RMB1.554 billion, representing a decrease by 46% to 54% as compared to that for the six months ended 30 June 2021 (Comparable Period).
Dividend History
Announce Date Event Particular
2022/03/30 Final D:HKD 0.1800
2021/08/19 Interim D:HKD 0.2100
2021/03/31 Final D:HKD 0.2700
2020/08/24 Interim No Dividend
The decrease was mainly due to:-
1) the decrease in revenue as compared to the Comparable Period, which was mainly due to the tightening epidemic prevention and control measures adopted in certain areas in Shenzhen which significantly affected production operation in the first quarter;
2) the decrease in gross profit margin; and
3) substantial increase in management expenses and selling expenses.
Source: AAStocks Financial News
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Smoore Intl 6969
Re: Smoore Intl 6969
by winston » Mon Jul 18, 2022 9:45 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Smoore Intl 6969
by winston » Wed Sep 07, 2022 3:33 pm
not vested
Smoore International Holdings Ltd (6969 HK) rose 5.9% yesterday.
The company announced that on September 5, 2022, Chen Zhiping, chairman of the board of directors, chief executive officer, executive director and controlling shareholder, purchased a total of 4.09 million shares of the company in the open market at an average price of approximately HK$12.20 per share through SMR & Alon Limited, a wholly-owned subsidiary of the company.
Shares at a total consideration of HK$49,887,400, representing approximately 0.07% of the issued share capital of the Company as at the date of this announcement.
On the same day, Xiong Shaoming, the company's executive director, purchased a total of 5.499 million shares of the company in the open market at an average price of approximately HK$12.57 per share through wholly-owned Andy Xiong Holding Limited, with a total consideration of HK$69.1421 million, accounting for the company's total share of As at the date of this announcement, the issued share capital is approximately 0.09%
Source: KGI
Smoore International Holdings Ltd (6969 HK) rose 5.9% yesterday.
The company announced that on September 5, 2022, Chen Zhiping, chairman of the board of directors, chief executive officer, executive director and controlling shareholder, purchased a total of 4.09 million shares of the company in the open market at an average price of approximately HK$12.20 per share through SMR & Alon Limited, a wholly-owned subsidiary of the company.
Shares at a total consideration of HK$49,887,400, representing approximately 0.07% of the issued share capital of the Company as at the date of this announcement.
On the same day, Xiong Shaoming, the company's executive director, purchased a total of 5.499 million shares of the company in the open market at an average price of approximately HK$12.57 per share through wholly-owned Andy Xiong Holding Limited, with a total consideration of HK$69.1421 million, accounting for the company's total share of As at the date of this announcement, the issued share capital is approximately 0.09%
Source: KGI
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Smoore Intl 6969
by winston » Wed Jan 11, 2023 6:06 pm
CICC Raises SMOORE INTL TP to $17.6, Rating Outperform
SMOORE INTL (06969.HK) revealed recently that it's self-developed "ventilator + mesh nebulizer system" won the Golden Pin Design Award for Best Design of the Year in Taiwan, making it the first medical device in the global vape market to win such award, CICC said in a report.
This marks a substantial breakthrough in SMOORE INTL's new medical atomization device segment.
It also means that the company's continuous high-intensity R&D investment has entered the harvest period, propelling the company's medium and long-term sustainable growth, the broker added.
CICC said that it will maintain its profit forecast for FY2022-23, and expects FY2024 profit to reach RMB3.35 billion.
The broker raised its TP by 28% to $17.6, and retained the Outperform rating.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
SMOORE INTL (06969.HK) revealed recently that it's self-developed "ventilator + mesh nebulizer system" won the Golden Pin Design Award for Best Design of the Year in Taiwan, making it the first medical device in the global vape market to win such award, CICC said in a report.
This marks a substantial breakthrough in SMOORE INTL's new medical atomization device segment.
It also means that the company's continuous high-intensity R&D investment has entered the harvest period, propelling the company's medium and long-term sustainable growth, the broker added.
CICC said that it will maintain its profit forecast for FY2022-23, and expects FY2024 profit to reach RMB3.35 billion.
The broker raised its TP by 28% to $17.6, and retained the Outperform rating.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Smoore Intl 6969
by winston » Thu Feb 02, 2023 9:50 am
vested
SMOORE Expects 2022 Adj. NP to Slip 46.8%-56.2%
SMOORE INTL (06969.HK) issued a profit warning.
For the year ended 31 December 2022, it is expected that the total comprehensive income of the Group will decrease by 46.7%-56.4% as compared to that of the year ended 31 December 2021, and it is expected that the adjusted net profit will decrease by 46.8%-56.2%.
Dividend History
Announce Date Event Particular
2022/08/24 Interim D:HKD 0.1000
2022/03/30 Final D:HKD 0.1800
2021/08/19 Interim D:HKD 0.2100
2021/03/31 Final D:HKD 0.2700
The main reasons of the decrease included:
1. The revenue of the Group from the Chinese market and the U.S. market, decreased in FY 2022 and
2, The gross profit margin decreased on a year-on-year basis due to the decrease in product prices for major clients in 2022.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
SMOORE Expects 2022 Adj. NP to Slip 46.8%-56.2%
SMOORE INTL (06969.HK) issued a profit warning.
For the year ended 31 December 2022, it is expected that the total comprehensive income of the Group will decrease by 46.7%-56.4% as compared to that of the year ended 31 December 2021, and it is expected that the adjusted net profit will decrease by 46.8%-56.2%.
Dividend History
Announce Date Event Particular
2022/08/24 Interim D:HKD 0.1000
2022/03/30 Final D:HKD 0.1800
2021/08/19 Interim D:HKD 0.2100
2021/03/31 Final D:HKD 0.2700
The main reasons of the decrease included:
1. The revenue of the Group from the Chinese market and the U.S. market, decreased in FY 2022 and
2, The gross profit margin decreased on a year-on-year basis due to the decrease in product prices for major clients in 2022.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
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Re: Smoore Intl 6969
by winston » Tue Mar 21, 2023 9:38 am
vested
SMOORE INTL Annual NP Drops 52.5% to RMB2.51B; Final DPS HK8 Cents
SMOORE INTL (06969.HK) announced the annual results for the year ended 31 December 2022.
It recorded a net profit of RMB2.51 billion, down 52.5% yearly, with an EPS of RMB41.66 cents.
A final dividend of HK8 cents was declared.
Dividend History
Announce Date Event Particular
2022/08/24 Interim D:HKD 0.1000
2022/03/30 Final D:HKD 0.1800
2021/08/19 Interim D:HKD 0.2100
2021/03/31 Final D:HKD 0.2700
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
SMOORE INTL Annual NP Drops 52.5% to RMB2.51B; Final DPS HK8 Cents
SMOORE INTL (06969.HK) announced the annual results for the year ended 31 December 2022.
It recorded a net profit of RMB2.51 billion, down 52.5% yearly, with an EPS of RMB41.66 cents.
A final dividend of HK8 cents was declared.
Dividend History
Announce Date Event Particular
2022/08/24 Interim D:HKD 0.1000
2022/03/30 Final D:HKD 0.1800
2021/08/19 Interim D:HKD 0.2100
2021/03/31 Final D:HKD 0.2700
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
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Re: Smoore Intl 6969
by winston » Tue Mar 21, 2023 1:26 pm
vested
SMOORE INTL to Up Medical R&D Expense Ratio to 20%, Expects Solid Sales Uptick for Open-system Vaping Products in 2023
SMOORE INTL (06969.HK)'s cash position is robust and should be able to steadily generate returns for shareholders and further increase the dividend payout ratio in the future, said the firm's vice president and CFO Wang Guisheng.
The short-term slide in business performance was primarily attributable to the policy-induced changes in product sales performance over 2022, Wang said, adding that open system vaping products should deliver a solid sales growth similar to that in 2022 this year.
As for investments in R&D efforts, SMOORE INTL anticipated that the R&D expenses on medical and healthcare area will account for roughly 20% of the group's total R&D expenses in 2023.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
SMOORE INTL to Up Medical R&D Expense Ratio to 20%, Expects Solid Sales Uptick for Open-system Vaping Products in 2023
SMOORE INTL (06969.HK)'s cash position is robust and should be able to steadily generate returns for shareholders and further increase the dividend payout ratio in the future, said the firm's vice president and CFO Wang Guisheng.
The short-term slide in business performance was primarily attributable to the policy-induced changes in product sales performance over 2022, Wang said, adding that open system vaping products should deliver a solid sales growth similar to that in 2022 this year.
As for investments in R&D efforts, SMOORE INTL anticipated that the R&D expenses on medical and healthcare area will account for roughly 20% of the group's total R&D expenses in 2023.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
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Re: Smoore Intl 6969
by winston » Mon Apr 17, 2023 2:02 pm
vested
SMOORE 1Q PBT Drops 49.3% to RMB319M
SMOORE INTL (06969.HK) announced that profit before tax for the first quarter ended March dropped 49.3% yearly to RMB319 million, mainly owing to that the revenue from the mainland China market in the first quarter of 2023 was approximately RMB15.5 million, representing a year-on-year decrease of about 97.7%, and the profit growth from overseas markets is not enough to offset the impact of the decrease in profits of the mainland China market.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... 260070/all
SMOORE 1Q PBT Drops 49.3% to RMB319M
SMOORE INTL (06969.HK) announced that profit before tax for the first quarter ended March dropped 49.3% yearly to RMB319 million, mainly owing to that the revenue from the mainland China market in the first quarter of 2023 was approximately RMB15.5 million, representing a year-on-year decrease of about 97.7%, and the profit growth from overseas markets is not enough to offset the impact of the decrease in profits of the mainland China market.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... 260070/all
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Smoore Intl 6969
by winston » Wed Jul 19, 2023 8:04 am
vested
SMOORE INTL Forewarns Interim Adj. NP to Drop 43.1%-48.4% YoY
SMOORE INTL (06969.HK) issued a profit warning.
It expected that the total comprehensive income of the Group for the six months ended 30 June 2023 will be approximately RMB717 million to RMB793 million, representing a decrease by approximately 42.7% to 48.2% as compared to that for the six months ended 30 June 2022 (Comparable Period);
The adjusted net profit will be approximately RMB741 million to RMB817 million, representing a decrease by approximately 43.1% to 48.4% as compared to that for the Comparable Period.
Related News: BofAS Downgrades SMOORE INTL (06969.HK) to Underperform, Cuts TP to $7
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
SMOORE INTL Forewarns Interim Adj. NP to Drop 43.1%-48.4% YoY
SMOORE INTL (06969.HK) issued a profit warning.
It expected that the total comprehensive income of the Group for the six months ended 30 June 2023 will be approximately RMB717 million to RMB793 million, representing a decrease by approximately 42.7% to 48.2% as compared to that for the six months ended 30 June 2022 (Comparable Period);
The adjusted net profit will be approximately RMB741 million to RMB817 million, representing a decrease by approximately 43.1% to 48.4% as compared to that for the Comparable Period.
Related News: BofAS Downgrades SMOORE INTL (06969.HK) to Underperform, Cuts TP to $7
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
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Re: Smoore Intl 6969
by winston » Tue Aug 22, 2023 1:14 pm
vested
SMOORE Hopes to Maintain R&D Expenditure to Make up 10%+ of Rev., Sees 2H23 GPM to Drop
Gross profit margin (GPM) of SMOORE INTL (06969.HK) for 1H23 sagged 11.7 ppts YoY to 36.2%, mainly due to the impact of one-off products, but the impact of changes in product mix was still expected to lead to a decline in GPM in 2H23, said Wang Guisheng, Vice President and Chief Financial Officer of the company.
He said that the Group's R&D expenditure in 1H23 amounted to RMB615 million, and expected that it will increase in 2H23, as compared with 1H23, but the increase will not be obvious.
He hoped that it will continue to account for more than 10% of the total revenue in the future.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
SMOORE Hopes to Maintain R&D Expenditure to Make up 10%+ of Rev., Sees 2H23 GPM to Drop
Gross profit margin (GPM) of SMOORE INTL (06969.HK) for 1H23 sagged 11.7 ppts YoY to 36.2%, mainly due to the impact of one-off products, but the impact of changes in product mix was still expected to lead to a decline in GPM in 2H23, said Wang Guisheng, Vice President and Chief Financial Officer of the company.
He said that the Group's R&D expenditure in 1H23 amounted to RMB615 million, and expected that it will increase in 2H23, as compared with 1H23, but the increase will not be obvious.
He hoped that it will continue to account for more than 10% of the total revenue in the future.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Smoore Intl 6969
by winston » Sun Aug 27, 2023 3:57 pm
vested
Daiwa Cuts SMOORE INTL (06969.HK) TP to $8, Rating Hold
2023/08/23
Daiwa released a research report, writing that the Disposable Vape revenue of SMOORE INTL (06969.HK) in 1H23 amounted to RMB1.5 billion, accounting for 29% of the total revenue.
The broker expected high-margin Pod-based e-cigarette products to remain under pressure in 2H23.
It suggested that investors remain on the sidelines until there is better revenue visibility.
Related News: CICC Trims SMOORE INTL (06969.HK) TP to $10, Rating Outperform
Daiwa trimmed SMOORE's earnings forecast for 2023-25 by 4-17% to reflect the lower profit forecast, and maintained its Hold rating, but cut its target price from $8.3 to $8.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
Daiwa Cuts SMOORE INTL (06969.HK) TP to $8, Rating Hold
2023/08/23
Daiwa released a research report, writing that the Disposable Vape revenue of SMOORE INTL (06969.HK) in 1H23 amounted to RMB1.5 billion, accounting for 29% of the total revenue.
The broker expected high-margin Pod-based e-cigarette products to remain under pressure in 2H23.
It suggested that investors remain on the sidelines until there is better revenue visibility.
Related News: CICC Trims SMOORE INTL (06969.HK) TP to $10, Rating Outperform
Daiwa trimmed SMOORE's earnings forecast for 2023-25 by 4-17% to reflect the lower profit forecast, and maintained its Hold rating, but cut its target price from $8.3 to $8.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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