002270 Huaming Power Equipment
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Huaming Power Equipment News
Huaming Equipment (002270.SZ): Huaming Singapore plans to invest in the establishment of an Indonesian subsidiary
Gelonghui, May 31, 丨 Huaming Equipment (002270.SZ) announced that on May 30, 2024, Huaming Electric Equipment (Singapore) Co., Ltd. (“Huaming Singapore”), a wholly-owned subsidiary of Huaming Electric Equipment Co., Ltd., signed a cooperation agreement with PT MEGA VOLT PERKASA (“PMVP”). The two sides intend to jointly fund the establishment of Huaming Electric Power (Indonesia) Co., Ltd. in Indonesia (the above is the provisional name, and is ultimately subject to local registration, hereinafter referred to as “Huaming Indonesia” or “Joint Venture”) , the total investment of the joint venture 2
Read This Before Considering Huaming Power Equipment Co.,Ltd (SZSE:002270) For Its Upcoming CN¥0.55 Dividend
It looks like Huaming Power Equipment Co.,Ltd (SZSE:002270) is about to go ex-dividend in the next three days. The ex-dividend date is usually set to be one business day before the record date which
Huaming Equipment (002270.SZ): 2023 equity distribution 10 distribution 5.5 yuan share registration date May 24
Gelonghui, May 20, 丨 Huaming Equipment (002270.SZ) announced that the company's 2023 equity distribution plan is to distribute RMB 5.500,000 (tax included) to all shareholders for every 10 shares based on the company's current total share capital of 896,225,431 shares. The share registration date for this equity distribution is May 24, 2024, and the ex-dividend date is May 27, 2024.
Subdued Growth No Barrier To Huaming Power Equipment Co.,Ltd's (SZSE:002270) Price
It's not a stretch to say that Huaming Power Equipment Co.,Ltd's (SZSE:002270) price-to-earnings (or "P/E") ratio of 35x right now seems quite "middle-of-the-road" compared to the market in China, wh
Huaming Power EquipmentLtd (SZSE:002270) Could Easily Take On More Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Huaming Equipment (002270.SZ): Net profit of 127 million yuan in the first quarter increased 7.59% year-on-year
Gelonghui, April 18 | Huaming Equipment (002270.SZ) released its report for the first quarter of 2024, with operating income of 451 million yuan, up 9.40% year on year; net profit attributable to shareholders of listed companies was 127 million yuan, up 7.59% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 126 million yuan, up 24.09% year on year; basic earnings per share were 0.1416 yuan.
Returns Are Gaining Momentum At Huaming Power EquipmentLtd (SZSE:002270)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Ideally, a business will show two trends; firstly a growing retur
Huaming Equipment (002270.SZ): Net profit for 2023 increased by 50.90% to 542 million yuan, and plans to distribute 10 to 5.5 yuan
Gelonghui, April 10 | Huaming Equipment (002270.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 1,961 billion yuan, an increase of 14.57%; net profit attributable to shareholders of listed companies was 542 million yuan, an increase of 50.90% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 502 million yuan a year, an increase of 46.48% year on year; basic earnings per share of 0.61 yuan; it plans to distribute cash dividends of 5.50 yuan (tax included) to all shareholders for every 10 shares.
Do Huaming Power EquipmentLtd's (SZSE:002270) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometime
Huaming Equipment (002270.SZ): As of March 20, 2024, the number of shareholders of the company was 27,542
Gelonghui March 25 | Huaming Equipment (002270.SZ) said on the investor interactive platform that as of March 20, 2024, the number of shareholders of the company was 27,542.
Estimating The Intrinsic Value Of Huaming Power Equipment Co.,Ltd (SZSE:002270)
Key Insights Huaming Power EquipmentLtd's estimated fair value is CN¥17.07 based on 2 Stage Free Cash Flow to Equity With CN¥18.56 share price, Huaming Power EquipmentLtd appears to be trading close
Huaming Equipment (002270.SZ): Domestic companies mainly continue to expand production at the Zunyi base
Gelonghui, March 11, 丨 Huaming Equipment (002270.SZ) said during a survey of specific targets that domestic companies are mainly continuing to expand production at the Zunyi base. Domestic production will basically not expand domestic production after the Zunyi base expansion is completed. In the future, they will invest more in production efficiency, process optimization, process and automation improvements. The company's overseas production expansion is mainly based on assembly plants. This is a gradual process that will not put pressure on the company's profits and cash flow.
Huaming Equipment (002270.SZ): The company's current overseas layout is still in its infancy compared to its competitors
Gelonghui, March 11 | Huaming Equipment (002270.SZ) said when surveyed by specific targets that the company's current overseas layout is still in its infancy compared to its competitors, the share of overseas revenue is still relatively low, and the overseas team size is limited. Currently, the company has overseas sales departments and has also set up sales teams in Turkey, the United States, Brazil, etc. Overseas development is a long-term process. In the process of quantitative change and accumulation, it may be difficult to see results for a long time. The company previously insisted on forming a team only when the region had a sales scale that could cover team costs. This may slow down, but every step will
Huaming Equipment (002270.SZ): Overseas assembly plants in Turkey will inspect the layout of production capacity in Southeast Asia this year
Gelonghui, March 11 | Huaming Equipment (002270.SZ) said during an investigation by specific subjects that it has assembly plants overseas in Turkey, mainly covering the Middle East, North Africa, Turkey, etc. This year, it will examine the layout of production capacity in Southeast Asia, and if the US market can be liberalized, it will also consider the US layout.
Huaming Equipment (002270.SZ): The company's direct customer is a transformer factory. Ultimately, downstream users are mainly divided into within the power grid and outside the power grid
Gelonghui, March 11 | Huaming Equipment (002270.SZ) said during the survey by specific subjects that the company's direct customers are transformer factories, and in the end, downstream users are mainly divided into within the power grid and outside the power grid. Customers generally set requirements such as technical specifications and indicators directly or indirectly during the transformer bidding process, which may be specific to the brand, model, etc., so when selecting specific breakers, many end customers have a strong voice.
Huaming Equipment (002270.SZ): Now the proportion of vacuum switches in the company's products is also increasing
Gelonghui March 11 | Huaming Equipment (002270.SZ) said during a survey of specific subjects that vacuum switches would be relatively more stable and safe. Furthermore, although the individual value of a vacuum switch is higher than that of an oil-immersed switch, a vacuum switch has a cost advantage from a full life cycle perspective. Now the proportion of vacuum switches in the company's products is also increasing. In the long run, we believe that domestic vacuum switches will gradually replace oil-immersed switches, but it will take some time and process.
Huaming Equipment (002270.SZ): Maintenance business order completion rate has not been high in the past two years
Gelonghui March 8 丨 Huaming Equipment (002270.SZ) was surveyed by a specific target on March 5, 2024, on “The company's maintenance business situation?” The company replied that the order completion rate for the maintenance business has not been high in the past two years. The seasonal nature of the maintenance business is very obvious domestically, resulting in a shorter time window for actual work, and difficulties in manpower arrangements as a result. However, the maintenance business is a very important business development direction for the company in the future, and with the increase in domestic and foreign holdings and scale, the maintenance business still has great potential for development. Currently, the company is also working to integrate online monitoring technology into products and adopt
Huaming Equipment (002270.SZ): The future Shanghai base will mainly focus on high-value-added new products, UHV, overseas market expansion, etc.
Gelonghui March 8 | Huaming Equipment (002270.SZ) was surveyed by a specific target on March 5, 2024, on “What is the difference in the future production capacity layout between the Shanghai base and the Zunyi base?” The company replied that in the future, the Shanghai base will mainly focus on high-value-added new products, UHV, overseas market expansion, etc., while the Zunyi base will mainly manufacture and sell general-purpose products.
Huaming Equipment (002270.SZ): Vacuum switch shipments account for a relatively low proportion of the company's overall shipments, and the absolute cost is relatively low
Gelonghui March 8 丨 Huaming Equipment (002270.SZ) was surveyed by a specific target on March 5, 2024, on “The company's vacuum bubble situation?” The company replied that the company currently mainly invests from outside suppliers, such as Siemens and Eaton, but there are also domestic alternative brands. Vacuum bubbles are the core component of vacuum switches, but vacuum switch shipments account for a relatively low proportion of the company's overall shipments, and the absolute cost is relatively low, which has little impact on the company's overall cost. Currently, the performance of domestic products is not weaker than that of imported products.
Huaming Equipment (002270.SZ): At present, the company has basically completed certification from transformer manufacturers to end customers
Gelonghui March 8 丨 Huaming Equipment (002270.SZ) was surveyed by a specific target on March 5, 2024, on “How difficult is it to certify the company's products?” The company replied that in some cases, the company's products will be certified and designated by downstream end customers, just as computer companies will designate chip brands, so they need to be approved by customers first, and the certification process is difficult. At present, the company's certification from transformer manufacturers to end customers has basically been completed. Many large power grid companies and large transformer factories around the world are our customers.
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