Changes in Hong Kong stocks | Nexteer (01316) fell more than 6%, Damo says considering fierce price competition lowered the company's profit forecast for the next two years
Nexteer (01316) fell more than 6%, down 6.58% at press time to HK$3.69, with a turnover of HK$17.41 million.
Nexteer Releases 2023 Environmental, Social & Governance (ESG) Report Detailing Progress in the Company's Sustainability Journey
耐世特:2023 年報
Damo: Maintaining Nexteer's (01316) “Gain” Rating and Lowering Target Price by HK$5.6
The Zhitong Finance App learned that Morgan Stanley released a research report stating that it maintained Nexteer's (01316) “gain” rating and lowered its profit forecast for the 2024/25 fiscal year by 13%/11%, mainly considering the fierce price competition among original equipment manufacturers (OEMs) and increasing profit pressure. Earnings per share are expected to be US$0.06 and US$0.08 respectively in 2024 and 2025, and the target price will be reduced by 10% to HK$5.6 from HK$6.2. The basic assumption is that in addition to easing the shortage of chip supply, automobile demand from China and the US supports the company's revenue growth, and gross margin has improved.
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: PUMA SE NPV (OtherPMMAF), Domino's Pizza Enterprises Limited (OtherDPZUF) and Nexteer Automotive Group (OtherNTXVF)
Investors Appear Satisfied With Nexteer Automotive Group Limited's (HKG:1316) Prospects As Shares Rocket 25%
Nexteer Automotive Group Limited (HKG:1316) shareholders would be excited to see that the share price has had a great month, posting a 25% gain and recovering from prior weakness. Unfortunately, th
These 4 Measures Indicate That Nexteer Automotive Group (HKG:1316) Is Using Debt Extensively
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
Changes in Hong Kong stocks | Nexteer (01316) is now up more than 7%, institutions say Chinese OEMs are expected to be the first to adopt wire-controlled steering systems
Nexteer (01316) is now up more than 7%. As of press release, it is up 7.8% to HK$4.01, with a turnover of HK$38.1852 million.
Changes in Hong Kong stocks | Zhejiang Shibao (01057) rose more than 11%, leading auto parts stock Tesla to launch driverless taxis
Auto parts stocks rallied in early trading. As of press release, Zhejiang Shibao (01057) rose 10.47% to HK$2.11; Wuling Motors (00305) rose 10.39% to HK$0.425; Nexteer (01316) rose 8.07% to HK$3.75; and Minshi Group (00425) rose 2.53% to HK$12.98.
Hong Kong stock concept tracking | German Chancellor Scholz will visit China this month, and the auto parts sector is receiving attention (with concept stocks)
German Chancellor Scholz will visit China this month, accompanied by executives from German companies such as BMW and Mercedes-Benz
Nexteer Chongqing Celebrates 10th Anniversary & Production Milestone of 5 Million Electric Power Steering Systems
Hong Kong Stock Concept Tracking | Tesla FSD V12 Is About to Fully Promote Increased Popularity in the Autonomous Driving Sector (with concept stocks)
Tesla FSD V12 is about to be fully launched, and commercialization of autonomous driving is speeding up
NEXTEER To Go Ex-Dividend On June 21st, 2024 With 0.02346 HKD Dividend Per Share
March 27th - $NEXTEER(01316.HK)$ is trading ex-dividend on June 21st, 2024. Shareholders of record on June 24th, 2024 will receive 0.02346 HKD dividend per share on July 9th, 2024. The ex-dividend
Changes in Hong Kong stocks | Nexteer (01316) rose more than 9% in the intraday period, annual revenue increased 9.6% year over year, surpassed US$4 billion for the first time
Nexteer (01316) rose more than 9% in the intraday period. As of press release, it was up 4.94% to HK$3.4, with a turnover of HK$45.463 million.
Electric Power Steering Market Report 2024-2032, Featuring Key Players HELLA, JTEKT, Mitsubishi Electric, Nexteer Automotive, NSK, NXP Semiconductors, Robert Bosch, ThyssenKrupp and ZF Friedrichshafen
DUBLIN, March 26, 2024 /PRNewswire/ -- The "Electric Power Steering Market by Component, Mechanism, Type, Vehicle Type, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offeri
Nexteer (01316.HK) announces annual results: revenue surpassed US$4 billion for the first time, up 9.6% year on year
Glonghui March 26 | Nexteer (01316.HK) announced its annual results. For the year ended December 31, 2023, the Group achieved a record annual revenue of US$4.2 billion, exceeding US$4 billion for the first time in the company's history. For the year ended December 31, 2023, the Group's revenue increased by 9.6% compared to 2022, and all three regional divisions were positively affected as automakers' automobile production increased again on an annual basis compared to 2022. In 2023, the Group continued to face unfavorable market conditions. Inflationary pressure due to rising labor and energy prices is affecting the Group's profit margins
Nexteer (01316): Wu Guanhua appointed as company secretary and authorized representative
Nexteer (01316) announced that Zhu Zhuo Ting knew that the company would no longer act as an official under the Hong Kong Stock Exchange...
Nexteer (01316) will pay a final dividend of $0.003 per share on July 9
According to the Zhitong Finance App, Nexteer (01316) announced that the company will pay a final dividend of $0.003 per share on July 9, 2024.
NEXTEER: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023
Changes in Hong Kong stocks | Nexteer (01316) falls by more than 5% and will release results tomorrow. Previous strikes and supplier incidents may put pressure on the results for a short time
Nexteer (01316) fell by more than 5%. As of press release, it was down 5.64% to HK$3.18, with a turnover of HK$30.21,800.
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