Zhejiang Shuanghuan Driveline News

Here's What Analysts Are Forecasting For Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) After Its First-Quarter Results

It's been a good week for Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) shareholders, because the company has just released its latest first-quarter results, and the shares gained 3.0% to CN¥23

Simply Wall StMay 1 20:05 ET

Is Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Latest Stock Performance A Reflection Of Its Financial Health?

Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) has had a great run on the share market with its stock up by a significant 17% over the last three months. Since the market usually pay for a company's

Simply Wall StApr 29 23:16 ET

Shuanghuan Transmission (002472.SZ): Net profit of 221 million yuan in the first quarter increased 29.37% year-on-year

Gelonghui, April 29 | Shuanghuan Transmission (002472.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was RMB 2,075 million, up 15.79% year on year; net profit attributable to shareholders of listed companies was RMB 221 million, up 29.37% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 209.7 million, up 34.89% year on year; basic earnings per share were 0.26 yuan.

Gelonghui FinanceApr 29 04:53 ET

Earnings Update: Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) shareholders are probably feeling a little disappointed, since its shares fell 4.6% to CN¥21.60 in the week after its latest full-year results.

Simply Wall StApr 14 21:00 ET

Great Wall Securities: Precision speed reducers are expected to continue to benefit, driven by the humanoid robot industry

Great Wall Securities pointed out that the technical barriers for precision speed reducers are relatively high, and leading overseas manufacturers have a first-mover advantage. In the future, as domestic technology gradually breaks through, and at the same time, China's overall precision reducer market is in short supply, there is great potential to replace domestic precision reducers.

Zhitong FinanceApr 11 22:13 ET

Double ring drive (002472.SZ): 0.86% of shares have been repurchased cumulatively

Gelonghui, April 1 | Shuanghuan Transmission (002472.SZ) announced that as of March 31, 2024, the total number of shares repurchased by the company through centralized bidding transactions through the stock repurchase special securities account was 7,339,400 shares, accounting for 0.86% of the company's current total share capital. The highest transaction price was 26.88 yuan/share, the minimum transaction price was 23.54 yuan/share, and the total transaction amount was 184,690,537.00 yuan (excluding transaction fees).

Gelonghui FinanceApr 1 05:42 ET

Is Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) Trading At A 32% Discount?

Key Insights The projected fair value for Zhejiang Shuanghuan DrivelineLtd is CN¥36.77 based on 2 Stage Free Cash Flow to Equity Current share price of CN¥24.95 suggests Zhejiang Shuanghuan Drivelin

Simply Wall StMar 17 20:28 ET

Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) Stock Catapults 25% Though Its Price And Business Still Lag The Market

Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) shareholders are no doubt pleased to see that the share price has bounced 25% in the last month, although it is still struggling to make up recentl

Simply Wall StMar 3 20:14 ET

Double Ring Drive (002472.SZ): The holding subsidiary plans to invest 20 million yuan to establish a wholly-owned subsidiary

On March 3, Ge Longhui Transmission (002472.SZ) announced that Zhejiang Huandong Robot Joint Technology Co., Ltd. (hereinafter referred to as “Huandong Technology”), a holding subsidiary of the company, plans to invest 20 million yuan of its own capital to establish a wholly-owned subsidiary Zhejiang Huandong Technology Research & Development Co., Ltd. (tentative name, final subject to industrial and commercial registration). The announcement stated that this investment is based on the future development strategy and long-term planning needs of the holding subsidiary Huandong Technology. It is conducive to further promoting the upgrading of Huandong Technology's R&D technology capabilities, introducing multi-level R&D technical talents, laying out forward-looking emerging fields, and improving the industry

Gelonghui FinanceMar 3 03:36 ET

Shuanghuan Drive (002472.SZ) has repurchased a total of 3.05 million shares and cost 79.9916 million yuan

Double Ring Drive (002472.SZ) announced that as of February 29, 2024, the company has approved exclusive share repurchases...

Zhitong FinanceMar 3 03:17 ET

Zhejiang Shuanghuan DrivelineLtd's (SZSE:002472) Returns On Capital Are Heading Higher

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expandi

Simply Wall StFeb 29 19:03 ET

These 4 Measures Indicate That Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' So it might be obvious

Simply Wall StFeb 14 18:14 ET

Shuanghuan Transmission (002472.SZ) has spent 79.99 million yuan to buy back 3.05 million shares

Double Ring Drive (002472.SZ) issued an announcement. As of January 31, 2024, the company has approved share repurchases...

Zhitong FinanceFeb 1 05:04 ET

Will Weakness in Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Stock Prove Temporary Given Strong Fundamentals?

It is hard to get excited after looking at Zhejiang Shuanghuan DrivelineLtd's (SZSE:002472) recent performance, when its stock has declined 7.4% over the past three months. But if you pay close atte

Simply Wall StJan 14 21:01 ET

Shuanghuan Driveline Sees Up to 41% Jump in 2023 Profit

Zhejiang Shuanghuan Driveline (SHE:002472) anticipates a 37.4% to 40.9% year-over-year jump in net profit in 2023 to about 800 million yuan to 820 million yuan. The Chinese manufacturer of mechanical

MT NewswiresJan 9 00:33 ET

Double Ring Drive (002472.SZ): 2023 net profit pre-increased by 37.44%-40.87%

Gelonghui, January 8 | Shuanghuan Transmission (002472.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 80 million yuan to 82 million yuan, an increase of 37.44%-40.87% over the same period of the previous year; net profit after deducting non-recurring profit and loss was 755 million yuan to 775 million yuan, an increase of 33.16% to 36.68% over the same period last year; basic earnings per share were 0.94 yuan/share — 0.96 yuan/share. The company always insists on focusing on the main business, closely focusing on the company's development strategy and management goals

Gelonghui FinanceJan 8 06:07 ET

Double ring drive (002472.SZ): A total cost of 79.9916 million yuan to buy back 3.05 million shares

Gelonghui, January 3, 丨 Shuanghuan Transmission (002472.SZ) announced that as of December 31, 2023, the total number of shares repurchased by the company through centralized bidding transactions through the stock repurchase special securities account was 3.05 million shares, accounting for 0.36% of the company's current total share capital. The highest transaction price was 26.88 yuan/share, the minimum transaction price was 24.69 yuan/share, and the total transaction amount was 79.916 million yuan (excluding transaction fees).

Gelonghui FinanceJan 3 04:54 ET

While Institutions Invested in Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) Benefited From Last Week's 3.0% Gain, Individual Investors Stood to Gain the Most

Key Insights Significant control over Zhejiang Shuanghuan DrivelineLtd by individual investors implies that the general public has more power to influence management and governance-related decisions

Simply Wall StJan 1 17:54 ET

Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Earnings Are Not Doing Enough For Some Investors

When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 35x, you may consider Zhejiang Shuanghuan Driveline Co.,Ltd. (SZSE:002472) as an attractive investment with i

Simply Wall StDec 19, 2023 02:10 ET

Here's Why We Think Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the min

Simply Wall StDec 5, 2023 21:40 ET