000157 Zoomlion Heavy Industry Science and Technology
- 8.72
- -0.22-2.46%
Zoomlion Heavy Industry Science and Technology News
[Broker Focus] Domestic demand for CMB International excavators will continue to stabilize, and exports will continue to slow down
Jinwu Financial News | According to CMB International Development and Research, according to data from the China Construction Machinery Association, domestic excavator sales in China increased 13% year on year to 10,800 units in April. This is another positive figure after the 9% year-on-year increase in March. The bank believes that growth in April was mainly driven by small excavators, while medium-sized excavators were still greatly affected by weak real estate investment. In contrast, excavator exports fell 13% year on year to 8,000 units in April, mainly due to the high base effect and weak demand in some overseas markets, and this decline was largely expected. First 4 months of 2024, domestic sales/
UBS: Maintaining Zhonglian Heavy Industry's “Neutral” Rating and Raising the Target Price to HK$6.2
UBS released a research report stating that maintaining the “neutral” rating of Zoomlion Heavy Industries (01157), the compound annual growth rate of earnings per share is expected to be 33% from 2023 to 2025, which is less than 10% higher than the industry average. The target price was raised from HK$4.1 to HK$6.2. The bank said it raised the company's earnings per share forecast for this year and next two years by 20% and 26% to reflect increased overseas sales and expanded gross margin. Despite the company's strong profit prospects, attractive dividend rates, and positive management guidance, considering that the company's stock price has increased by more than 40% since this year (up more than 20% compared to peers), the increase is estimated
UBS: Maintaining the “neutral” rating of Zoomlion Heavy Industries (01157) and raising the target price to HK$6.2
The Zhitong Finance App learned that UBS released a research report stating that maintaining the “neutral” rating of Zoomlion Heavy Industries (01157), the compound annual growth rate of earnings per share is expected to be 33% from 2023 to 2025, which is less than 10% higher than the industry average. The target price was raised from HK$4.1 to HK$6.2. The bank said it raised the company's earnings per share forecast for this year and next two years by 20% and 26% to reflect increased overseas sales and expanded gross margin. Despite the company's strong profit prospects, attractive dividend rates, and positive management guidance, considering that the company's stock price has increased by more than 40% so far this year (up 20 compared to peers)
Changes in Hong Kong stocks | Construction machinery stocks had the highest rise, domestic demand marginal expectations improved, and companies continued to push for product exports
The Zhitong Finance App learned that construction machinery stocks had the highest gains. As of press release, Zhonglian Heavy Industries (01157) rose 4.53% to HK$6.23; Yituo shares (00038) rose 3.39% to HK$9.14; Sany International (00631) rose 3.1% to HK$6.66; and China Longgong (03339) rose 2.05% to HK$1.49. According to the news, CME estimates that the total sales volume of excavators in April was about 18,500 units, down about 1.5% from the previous year, and the decline improved from month to month. Among them, domestic sales were 0.95 million units, which was basically the same as the previous year; export sales were 90,000 units.
[Broker Focus] CCB International indicates that the low point in the construction/heavy equipment industry has been boosted by a surge in overseas demand, preferences such as Zoomlion Heavy Industries (01157)
Jinwu Financial News | CCB International said that in 2023, the overseas sales of China's top seven construction/heavy equipment manufacturers increased by an average of 41% year over year. Each of these seven companies increased sales by at least 1 billion yuan outside of China. Aerial work platforms, mining equipment, cranes, and electrical equipment are growing faster than high-value, large-order earthmoving machinery categories. As for the Chinese market, the average sales of the seven companies fell 5% in 2023. However, profit margins have expanded for all companies. Currently, the outlook for industry demand depends on a possible rebound in spending, which may benefit from
There May Be Underlying Issues With The Quality Of Zoomlion Heavy Industry Science and Technology's (SZSE:000157) Earnings
Zoomlion Heavy Industry Science and Technology Co., Ltd. (SZSE:000157) announced strong profits, but the stock was stagnant. We did some digging, and we found some concerning factors in the details.
Zhitong Hong Kong Stock Exchange Unravels | A-shares make up gains and continues to boost Hong Kong stocks need to be wary of attacking Rafah
The current problem with Hong Kong stocks is nothing more than a matter of profit digestion, but under the stimulus of the money-making effect, the entry of incremental capital is expected to form a hedge
Changes in Hong Kong stocks | Zoomlion Heavy Industries (01157) is now up more than 4% Q1. Overseas revenue is rising year-on-year, accounting for nearly 50% of revenue
Zoomlion Heavy Industries (01157) is now up more than 4%. As of press release, it has risen 4.35% to HK$6, with a turnover of HK$65,3882 million.
CCB International: Maintaining Zhonglian Heavy Industries (01157) “Outperform the Market” Rating Target Price of HK$6.9
CCB International believes that the increase in the profit margin of Zhonglian Heavy Industries (01157) is sustainable, and it is expected that there will be further increases this year.
[Broker Focus] CMB International raised the target price of Zhonglian Heavy Industries (01157) by 36% and raised the rating to buy
Jinwu Financial News | CMB International Development Research Report says it is optimistic about the impressive global expansion strategy of Zoomlion Heavy Industries (01157). In terms of products, we provide a full range of machinery through an effective direct sales model, enabling Zoomlion Heavy Industries to penetrate different key overseas markets. From a regional perspective, the CCP focuses on emerging economies such as the Middle East, Central Asia, and Southeast Asia, giving priority over Europe and North America, so there is less geopolitical risk. As the share of overseas revenue rose to 48% in the first quarter of 2024 (< 10% three years ago), plus only 15% of total product sales were related to real estate investment in China (over 40% three years ago)
Zoomlion Heavy Industry Science and Technology Co., Ltd. Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next
The first-quarter results for Zoomlion Heavy Industry Science and Technology Co., Ltd. (SZSE:000157) were released last week, making it a good time to revisit its performance. Statutory earnings
Zoomlion's Q1 Profit Rises 13%
Zoomlion Heavy Industry Science and Technology (HKG:1157, SHE:000157) booked a net profit attributable to the owners of 915.8 million yuan in the first quarter, up 13.1% from 810.1 million yuan a year
[Hong Kong Stock Connect] The net profit of Zoomlion Heavy Industries (01157) increased 13.06% year over year to RMB 916 million
Jinwu Financial News | Zhonglian Heavy Industries (01157) announced that in the first quarter of 2024, net profit attributable to shareholders rose 13.06% year on year to 916 million yuan (RMB, same below); revenue rose 12.93% year on year to 11.773 billion yuan, up 12.93% year on year; basic earnings per share were 0.11 yuan.
Zoomlion Heavy Industry 1Q Rev CNY11.77B Vs. CNY10.43B >1157.HK
Zoomlion Heavy Industry 1Q Rev CNY11.77B Vs. CNY10.43B >1157.HK
中聯重科：二零二四年第一季度報告
Zoomlion Žiari Na Veľtrhu INTERMAT 2024 S Víziou Ekologickejšej, Inteligentnejšej Budúcnosti
PARÍŽ, 27. apríla 2024 /PRNewswire/ -- Spoločnosť Zoomlion Heavy Industry Science & Technology Co., Ltd. (ďalej ako „Zoomlion", 01157.HK) hrdo predstavila svoje najnovšie pokroky na veľtrhu I
Zoomlion блистает на выставке INTERMAT 2024 благодарю видению зеленого и умного будущего
Компания Zoomlion Heavy Industry Science & Technology Co., Ltd. («Zoomlion», 01157.HK) с гордостью продемонстрировала свои последние достижения на...
Zoomlion Wyróżnia Się Podczas INTERMAT 2024 Dzięki Wizji Jeszcze Bardziej Ekologicznej I Inteligentnej Przyszłości
PARYŻ, 26 kwietnia 2024 r. /PRNewswire/ -- Firma Zoomlion Heavy Industry Science & Technology Co. Ltd. („Zoomlion", 01157.HK) z dumą zaprezentowała swoje najnowsze osiągnięcia na targach INTERMAT
Changes in Hong Kong stocks | Zoomlion Heavy Industries (01157) rose more than 6%, and the company's overseas development momentum and profitability are expected to grow strongly
Zoomlion Heavy Industries (01157) rose more than 6%. As of press release, it rose 6.22% to HK$6.15, with a turnover of HK$118 million.
[Broker Focus] CCB International's first “superior to the market” rating target price of HK$6.9 to China Union Heavy Industries (01157)
Jinwu Financial News | CCB International Development Research Report believes that under the impetus of globalization and product diversification, Zoomlion Heavy Industries (01157) is entering a period of strong profit growth for many years. Looking ahead, the bank believes that global business opportunities will remain adequate. By utilizing its technical knowledge, flexible supply chain and cost leadership, Zoomlion Heavy Industries is expected to maintain strong overseas development momentum and achieve strong growth in profitability. According to the bank, infrastructure spending will continue to support construction activities in China, and the real estate market is likely to remain sluggish for some time. China's “equipment update” policy should be positive, but
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