603997 Ningbo Jifeng Auto Parts
- 12.91
- -0.14-1.07%
Ningbo Jifeng Auto Parts News
Jifeng Co., Ltd. (603997.SH) announced its 2023 annual results, with net profit of 204 million yuan turning a year-on-year loss into profit
Jifeng Co., Ltd. (603997.SH) released the 2023 annual performance report. The company achieved operating income of 2 during the reporting period...
Jifeng Co., Ltd. (603997.SH): Plans to establish a new joint venture in Germany to expand the global seat business of European OEMs such as BMW
On April 17, GLONGHUI Co., Ltd. (603997.SH) announced that in order to achieve the company's global seating strategy, the company and its holding subsidiary Grammer AG (“Grammer”) plan to establish a new joint venture in Germany to expand the global seat business of European OEMs such as BMW, with a total investment of 50 million euros.
Calculating The Fair Value Of Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997)
Key Insights Ningbo Jifeng Auto Parts' estimated fair value is CN¥14.48 based on 2 Stage Free Cash Flow to Equity Ningbo Jifeng Auto Parts' CN¥12.30 share price indicates it is trading at similar le
Jifeng Co., Ltd. (603997.SH): 2023 net profit of 204 million yuan turned a year-on-year loss into profit
Gelonghui, March 28 | Jifeng Co., Ltd. (603997.SH) announced its 2023 annual results report. In 2023, benefiting from the recovery in demand in major global automobile markets, the company achieved significant growth of 21,571 billion yuan in revenue. Among them, the company's emerging passenger car seat business achieved mass production this year and began contributing revenue. In 2023, overseas energy prices and raw material prices declined, and logistics and transportation costs were effectively controlled. The in-depth integration measures taken by the company in various business sectors at the beginning of the year gradually paid off, and ongoing orders received price compensation from customers one after another. 2023
Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997) Stock Catapults 25% Though Its Price And Business Still Lag The Industry
Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997) shareholders would be excited to see that the share price has had a great month, posting a 25% gain and recovering from prior weakness. The bad news
Jifeng Auto Parts to Produce Car Seats for NEV Maker
Ningbo Jifeng Auto Parts (SHA:603997) received an order to produce and assemble car seats to an undisclosed new energy vehicle manufacturer, according to a Thursday filing published on the Shanghai St
Jifeng Co., Ltd. (603997.SH): Secured the seat assembly project of a new energy vehicle OEM
Gelonghui, March 7, 丨 Jifeng Co., Ltd. (603997.SH) announced that the company recently received a “Supplier Designation Letter of Intent” from the customer, and the company obtained a seat assembly project from a new energy vehicle OEM to develop and produce seat assembly products for the customer. According to the customer plan, the project is expected to begin in October 2024, and the project life cycle is 5 years, with an estimated total life cycle amount of 7.8 billion yuan.
Returns On Capital Signal Tricky Times Ahead For Ningbo Jifeng Auto Parts (SHSE:603997)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach is to try and find a company with returns on capital employed (ROCE) that are inc
Research Report Nuggets丨Guohai Securities: The annual net profit of Jifeng Co., Ltd. is expected to reverse losses, and seat orders continue to break through
According to the Guohai Securities Research Report, the net profit of Jifeng Co., Ltd. (603997.SH) is expected to reverse losses in 2023, and seat orders continue to break through. Among them, Q4 is expected to achieve operating income of over 4 billion yuan and net profit to mother of 0.07 to 86 million yuan, turning a loss into a profit over the previous year. The company's product line is expanding horizontally and vertically, and we are optimistic that emerging businesses such as passenger car seat assemblies will bring increased performance to the company in the medium to long term. According to the latest situation, considering the short-term investment in mass production of a large number of new projects, the company's profit forecast was adjusted and downgraded to an “increase in wealth” rating.
Jifeng Auto Parts to Produce Car Seats for 5 Billion Yuan
Ningbo Jifeng Auto Parts (SHA:603997) was tapped to produce and assemble car seats for 5 billion yuan for an original equipment manufacturer, whose name was undisclosed in the company's Wednesday fili
Jifeng Co., Ltd. (603997.SH): Obtained a total fixed life cycle amount of 5 billion yuan for passenger car seat assembly projects
Gelonghui, January 31, 丨 Jifeng Co., Ltd. (603997.SH) announced that the company recently received a “fixed letter” from the customer, and the company obtained a fixed target for a high-end brand seat assembly project from a leading traditional car manufacturer (limited to a confidentiality agreement, whose name cannot be disclosed) to develop and produce seat assembly products for the customer. According to the customer plan, the project is expected to begin in January 2025, and the project life cycle is 5 years, with an estimated total life cycle amount of 5 billion yuan.
Jifeng Co., Ltd. (603997.SH): Net profit of pre-profit of 161 million yuan to 240 million yuan in 2023
Gelonghui, January 30丨Jifeng Co., Ltd. (603997.SH) announced the 2023 annual pre-profit announcement. According to preliminary estimates by the finance department, it is expected to achieve net profit of 161 million yuan to 240 million yuan in 2023. Compared with the same period last year (legally disclosed data), it will turn a loss into a profit. It is expected to achieve net profit of 167 million yuan to 246 million yuan after deducting non-recurring profit and loss attributable to the owners of the parent company in 2023.
There Is A Reason Ningbo Jifeng Auto Parts Co., Ltd.'s (SHSE:603997) Price Is Undemanding
When you see that almost half of the companies in the Auto Components industry in China have price-to-sales ratios (or "P/S") above 2.4x, Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997) looks to be g
Ningbo Jifeng Auto Parts Co., Ltd.'s (SHSE:603997) Last Week's 3.7% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
Key Insights The considerable ownership by private companies in Ningbo Jifeng Auto Parts indicates that they collectively have a greater say in management and business strategy The top 3 shareholder
Ma Zhuqiong's family, director of Jifeng Co., Ltd. (603997.SH), traded company shares in the short term
Jifeng Co., Ltd. (603997.SH) issued an announcement. The company recently received the “Customs...” issued by company director Ma Zhuqiong
Ningbo Jifeng Auto Parts' (SHSE:603997) Investors Will Be Pleased With Their Respectable 88% Return Over the Last Five Years
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term
Capital Allocation Trends At Ningbo Jifeng Auto Parts (SHSE:603997) Aren't Ideal
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach is to try and find a company with returns on capital employed (ROCE) that are inc
Jifeng Co., Ltd. (603997.SH)'s application to issue shares to a specific target was approved for registration by the Securities Regulatory Commission
Jifeng Co., Ltd. (603997.SH) issued an announcement. The company recently received an announcement from the China Securities Regulatory Commission...
Xingyuan Zhuomei (301398.SZ): Currently, the main customers are Jifeng Co., Ltd., SAIC Motor Group, Amberford, Huayu Vision, Yanfeng Visteon, etc.
Gelonghui November 15: Xingyuan Zhuo Mei (301398.SZ) said on the investor interactive platform that the company is mainly engaged in R&D, production and sales of magnesium alloy and aluminum alloy precision die-casting products and supporting die-casting molds. Currently, the main customers are Jifeng Co., Ltd., SAIC Motor Group, Ambofol, Huayu Vision, and Yanfeng Visteon. The company has a rich product layout and provides customers with integrated services including product design, mold manufacturing, die-casting and finishing production.
[BT Financial Report Instantaneous Analysis] Jifeng Co., Ltd.'s 2023 three-quarter report reveals: steady growth goes hand in hand with innovation
As a global automotive parts supplier, Jifeng Co., Ltd. (stock code: 603997) focuses on the development, production and sales of automotive interior parts and systems, passenger car seats, and various vehicle suspension driver seats and passenger seats. The company has a strong network of about 70 holding subsidiaries in 20 countries around the world. With its relentless pursuit of technological research and development and innovation, Jifeng Co., Ltd. has established a leading position in technology in the industry and continues to lead the development of related markets. In terms of assets and liabilities, the total assets of Jifeng Co., Ltd. increased from 15.454 billion yuan at the end of last year to 167 at the end of this reporting period.
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