Analysts Have Just Cut Their Shijiazhuang Shangtai Technology Co., Ltd. (SZSE:001301) Revenue Estimates By 15%

The latest analyst coverage could presage a bad day for Shijiazhuang Shangtai Technology Co., Ltd. (SZSE:001301), with the analysts making across-the-board cuts to their statutory estimates that might

Simply Wall StApr 27 20:55 ET

Shangtai Technology (001301.SZ) announced its 2023 annual results, with net profit of 723 million yuan, a year-on-year decrease of 43.94%

Shangtai Technology (001301.SZ) released its 2023 annual report. The company's revenue was 4.391 billion yuan,...

Zhitong FinanceApr 24 11:12 ET

Shangtai Technology (001301.SZ): No direct cooperation with Xiaomi

Gelonghui, April 3 | Shangtai Technology (001301.SZ) said on the investor interactive platform that up to now, there has been no direct cooperation between the company and Xiaomi. The company's main products are anode materials. In recent years, it has been supplying leading domestic power batteries and energy storage battery manufacturers for a long time.

Gelonghui FinanceApr 3 05:35 ET

Shijiazhuang Shangtai Technology Co., Ltd.'s (SZSE:001301) Most Bullish Insider Is CEO Yongyue Ouyang, and Their Holdings Value Went up by 7.2% Last Week

Key Insights Insiders appear to have a vested interest in Shijiazhuang Shangtai Technology's growth, as seen by their sizeable ownership A total of 3 investors have a majority stake in the company w

Simply Wall StMar 21 01:43 ET

Shangtai Technology (001301.SZ): It is expected that 4C and above fast charging products will occupy an advantageous position in the company's external sales in 2024

Gelonghui, March 18 | Shangtai Technology (001301.SZ) disclosed an investor relations activity record sheet showing that the company has completed the development and introduction of 4C and above products in 2023, and has ushered in large-scale shipments since the first quarter of 2024. As sales of next-generation new energy vehicles in terminals remain hot, the company's corresponding fast charging product shipments will continue to increase, and the proportion will increase accordingly. It is expected that 4C and above fast charging products will occupy an advantageous position in the company's foreign sales in 2024. Since 2023, along with changes in market demand and technological progress, the company's product structure has undergone positive changes, and mainstream production

Gelonghui FinanceMar 17 20:15 ET

Shangtai Technology (001301.SZ): It is expected that in 2024, the price level of anode materials will gradually show a “bottoming out” trend as the market fluctuates

Gelonghui, March 18 | Shangtai Technology (001301.SZ) disclosed an investor relations activity record. Overall, the anode materials market still shows a structural overcapacity situation. Since 2023, the price level has faced challenges, making it difficult to return to the higher level of previous years. However, with the end of the Spring Festival holiday, some electric vehicles began price reduction strategies, and a new generation of intelligent electric vehicles continued to be launched. Demand for the downstream power battery market is picking up, and the recovery trend is obvious, driving an increase in demand for anode materials, and there is pressure on the market supply side Mitigation, expected in 2024

Gelonghui FinanceMar 17 20:14 ET