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Some Confidence Is Lacking In SZZT Electronics CO.,LTD's (SZSE:002197) P/S
It's not a stretch to say that SZZT Electronics CO.,LTD's (SZSE:002197) price-to-sales (or "P/S") ratio of 3.5x right now seems quite "middle-of-the-road" for companies in the Electronic industry in
Zentong Electronics (002197.SZ): Net profit of 2,7396 million yuan in the first quarter decreased by 82.11% year-on-year
On April 29, Ge Longhui Electronics (002197.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 236 million yuan, down 21.73% year on year; net profit attributable to shareholders of listed companies was 2,7396 million yuan, down 82.11% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 6692 million yuan; basic earnings per share were 0 yuan.
Zentong Electronics (002197.SZ): Change in scheduled disclosure schedule for regular reports
Gelonghui April 22 | Zentong Electronics (002197.SZ) announced that it was originally scheduled to disclose the “2023 Annual Report” and “2024 First Quarter Report” on April 27, 2024. According to the current audit progress, it is expected that the preparation of the “2023 Annual Report” and the “2024 First Quarter Report” will be completed later than expected. Based on the principle of prudence and a responsible attitude for investors, in order to ensure the quality of the company's regular reports and the accuracy of information disclosure, after applying to the Shenzhen Stock Exchange, the company will submit the “2023 Annual Report” and the “2024 First Quarter Report”
Zentong Electronics (002197.SZ): Currently, the company is launching computing power services that satisfy games, image rendering, reasoning, etc. based on the computing power public service platform
Gelonghui, April 16 | Zentong Electronics (002197.SZ) said on the investor interactive platform that the company will start planning to lay out the computing power network in 2022, rely on long-term accumulation of resources, technology and customers in the IDC industry, enter the computing power network layout, and independently develop a computing power public service platform. Currently, the company is launching computing power services for games, image graphics rendering, and reasoning based on a public service platform for computing power. In the future, the company will promote computing power-related business according to market and customer needs, and related business will not have a significant impact on business performance for the time being.
Zentong Electronics (002197.SZ): The main IDC business is data center server hosting services, and is committed to providing high-quality data center services to major customers
Gelonghui, April 16 | Zentong Electronics (002197.SZ) said on the investor interactive platform that the company's main IDC business is data center server hosting services and is committed to providing high-quality data center services to major customers. The company has invested in the construction of four major industrial parks and eight energy-efficient data centers in the Guangdong-Hong Kong-Macao Greater Bay Area and the central region. The total IT load of the completed data centers is about 79,200 kilowatts (kW), which translates to about 18,000 4.4 kilowatt (kW) standard cabinets.
Zentong Electronics (002197.SZ): No cooperation with Ali Tongyi Qianwen
Gelonghui, April 16 | Zentong Electronics (002197.SZ) said on the investor interactive platform that HTC Communications, a subsidiary of Zentong Electronics, has built a digital transformation enabling center with Alibaba Cloud and Alibaba's DAMO Academy. Its main business is AI industrial vision, as well as providing enterprises with end-to-end digital solutions for the industrial Internet platform, data center, intelligent schedule planning, intelligent quality prediction, intelligent optimization control of production lines, and digital twins of production lines. The company has yet to cooperate with Ali Tongyi Qianwen.
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