Qijing Machinery (603677.SH): Plans to increase capital to Qijing Industries (Thailand) Co., Ltd.
Gelonghui, May 29丨Qijing Machinery (603677.SH) announced that in order to ensure the normal progress of the new factory construction project in Thailand, the company and its wholly-owned subsidiaries Bosway Precision Industry (Ningbo) Co., Ltd. and Xixuan Information Technology (Shanghai) Co., Ltd. increased the capital by 330 million baht according to the investment ratio of their own capital (“Qijing Industry”) (according to the exchange rate of 1:34.74 US dollar to Thai baht, equivalent to 9.5 million US dollars. The actual dollar amount is based on the actual exchange rate at that time of payment). THB 323.4 million (equivalent
Qijing Machinery (603677.SH): Net profit of 238.988 million yuan in the first quarter increased 39.17% year-on-year
On April 23, Ge Longhui Machinery (603677.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 461 million yuan, an increase of 14.90%; net profit attributable to shareholders of listed companies was 238.988 million yuan, an increase of 39.17% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 22.8892 million yuan, an increase of 71.60% year on year; and basic earnings per share were 0.1244 yuan.
Qijing Machinery (603677.SH) will distribute 0.2 yuan per share in 2023. The stock registration date is April 24
Qijing Machinery (603677.SH) issued an announcement that the company will implement the 2023 annual equity distribution, distributed per share...
Qijing Machinery (603677.SH): No direct cooperation has been reached with Xiaomi Auto
GLONGHUI, April 11 | Qijing Machinery (603677.SH) said on the investor interactive platform that the company's current customers are mainly world-renowned first-tier auto parts suppliers such as HUSCO, Borg Warner, and Schaeffler. The company is also actively expanding its NEV business. Currently, the company has not reached direct cooperation with Xiaomi Motors.
Qijing Machinery (603677.SH): Net profit increased 8.03% year-on-year in 2023, and plans to pay 10 to 2 yuan
On March 20, Ge Longhui Machinery (603677.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 1,772 billion yuan, a year-on-year decrease of 1.78%; net profit attributable to shareholders of listed companies of 69.1539 million yuan, an increase of 8.03% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 68.296 million yuan, an increase of 10.90% over the previous year; and basic earnings per share of 0.3599 yuan. 2023 profit distribution plan: Based on the total share capital of the company's equity distribution on the day of registration, it is proposed to distribute a cash dividend of 2.0 yuan for every 10 shares
There's Reason For Concern Over Qijing Machinery Co., Ltd.'s (SHSE:603677) Massive 32% Price Jump
Qijing Machinery Co., Ltd. (SHSE:603677) shareholders are no doubt pleased to see that the share price has bounced 32% in the last month, although it is still struggling to make up recently lost groun
Be Wary Of Qijing Machinery (SHSE:603677) And Its Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Amongst other things, we'll want to see two things; firstly,
Qijing Machinery Co., Ltd.'s (SHSE:603677) 26% Share Price Plunge Could Signal Some Risk
Qijing Machinery Co., Ltd. (SHSE:603677) shareholders that were waiting for something to happen have been dealt a blow with a 26% share price drop in the last month. The recent drop has obliterated
Qijing Machinery (603677.SH): Construction of a new plant in Thailand began in December 2023
Gelonghui, January 30丨Qijing Machinery (603677.SH) recently said during a survey from institutional investors that construction of the new plant in Thailand began in December 2023 and is expected to be completed in the second half of 2024. Currently, the company expands production capacity according to specific orders or order intentions obtained, and the final supply situation is based on the actual needs of customers.
Qijing Machinery (603677.SH): Direct export of the company's home appliance parts to downstream customers
Gelonghui, January 30丨Qijing Machinery (603677.SH) recently said during a survey reception from institutional investors that the company exports its home appliance parts directly to downstream customers, mainly to Southeast Asia, America, Europe, Africa, etc.
Qijing Machinery (603677.SH): Industrial sensor components have been verified by customers and are awaiting further discussion
Gelonghui, January 30丨Qijing Machinery (603677.SH) recently said during a survey receiving institutional investors that the company mainly focuses on precision machining capabilities to expand different products and industries. For example, the company's newly expanded industrial robot components are in the customer verification stage, and industrial sensor components have passed customer verification and are awaiting further discussion.
Pulling Back 14% This Week, Qijing Machinery's SHSE:603677) Three-year Decline in Earnings May Be Coming Into Investors Focus
It's been a soft week for Qijing Machinery Co., Ltd. (SHSE:603677) shares, which are down 14%. But don't let that distract from the very nice return generated over three years. In the last three y
Qijing Machinery (603677.SH): Subsidiary re-certified as a high-tech enterprise
Gelonghui, January 16, 丨 Qijing Machinery (603677.SH) announced that Boswell Precision Industry (Ningbo) Co., Ltd. (hereinafter referred to as “Bothway”), a wholly-owned subsidiary of the company, has received a high-tech enterprise certificate issued by the Ningbo High-tech Enterprise Accreditation Management Agency. The certificate number is GR202333101901. The date of issue is December 8, 2023, and the qualification is valid for three years. This certification of a high-tech enterprise is a re-certification carried out after the expiration of Bothway's original high-tech enterprise certificate.
Qijing Machinery (603677.SH): There is no direct cooperation with Changan Automobile
Gelonghui November 29丨Qijing Machinery (603677.SH) said on the investor interactive platform that the company is expanding the auto parts business as its second main business. Currently, customers mainly include world-renowned first-class auto parts suppliers such as HUSCO, Borg Warner, and Schaeffler, and there is no direct cooperation with Changan Automobile.
Qijing Machinery (603677.SH): Several industrial robot parts are currently in the customer verification stage, and there are no mass-production-related products
Gelonghui November 21丨Qijing Machinery (603677.SH) said on the investor interactive platform that several industrial robot parts that the company previously responded to are currently in the customer verification stage, and there are no mass-produced related products yet.
Qijing Machinery (603677.SH): Currently, customers mainly include world-renowned first-class auto parts suppliers such as HUSCO, BorgWarner, and Schaeffler
Gelonghui November 17|Qijing Machinery (603677.SH) said on the investor interactive platform that the company is expanding the auto parts business as its second main business. Currently, its customers mainly include world-renowned first-class auto parts suppliers such as HUSCO, Borg Warner, and Schaeffler.
Qijing Machinery (603677.SH): Mei Xuhui was elected as the company's chairman
Gelonghui Machinery (603677.SH) announced on October 31, Qijing Machinery () announced that in order to ensure the smooth operation of the company's board of directors, the company held the 11th meeting of the fourth board of directors on the same day to review and pass the “bill on the election of the chairman of the fourth board of directors of the company” and “bill on by-election of members of the strategy committee for the fourth board of directors of the company”. Mei Xuhui was elected as the company's chairman, strategy committee member and convener.
[Instant Analysis of BT Financial Report] Qijing Machinery 2023 Third Quarter Report: Net profit increased 10.27%, net operating cash flow increased sharply by 62.77%
Announcement time of this financial report: 2023-10-24 16:19:24 Qijing Machinery Co., Ltd. (stock code: 603677) is a manufacturing enterprise focusing on mechanical finishing, mainly engaged in R&D, design, production and sales of washing machine clutches, home appliance parts, auto parts and power tool parts. The company's sales model is mainly aimed at washing machine manufacturers, first-class auto parts suppliers, and power tool manufacturers. The company has established long-term and stable cooperative relationships with these customers and signed framework agreements with them, which have agreed on product quality standards, delivery cycle, and payment
Qijing Machinery (603677.SH) released results and net profit of 63.07 million yuan for the first three quarters, up 10.27% year-on-year
Qijing Machinery (603677.SH) disclosed the report for the third quarter of 2023. The company achieved operating income during the reporting period...
Qijing Machinery (603677.SH): Rating agencies include companies and their convertible bonds in the spotlight
Qijing Machinery (603677.SH) announced that the company received a convertible company from the company on October 19, 2023...
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