688226 Wetown Electric Group
- 19.04
- -0.10-0.52%
Wetown Electric Group News
Witon Electric (688226.SH) plans to distribute a dividend of 0.23 yuan per share in 2023, with ex-rights and ex-dividends on June 21.
Weiteng Electric (688226.SH) announced that the company's annual equity distribution plan for 2023 is to distribute 2 yuan (tax included) in cash for every 10 shares to all shareholders and increase its share capital by 5 shares for every 10 shares.
Weiteng Electric (688226.SH): Not involved in the UHV field
Gelonghui, May 28 | Weiteng Electric (688226.SH) said on the investor interactive platform that some of the company's products have been applied to the field of intelligent distribution grids and have not yet involved the UHV field.
A Closer Look At Wetown Electric Group Co., Ltd.'s (SHSE:688226) Impressive ROE
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). We'll use ROE to
Weiteng Electric (688226.SH) announced first-quarter results, net profit of 35.296 million yuan, an increase of 165.64% over the previous year
According to Zhitong Finance App News, Weiteng Electric (688226.SH) released its report for the first quarter of 2024. The company's revenue was 795 million yuan, up 84.68% year on year; net profit attributable to shareholders of listed companies was 35.296 million yuan, up 165.64% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 332.11 million yuan, up 221.53% year on year; basic earnings per share were 0.23 yuan/share.
Weiteng Electric (688226.SH): Net profit of 120 million yuan in 2023 increased 72.3% year-on-year
On April 25, Ge Longhui | Weiteng Electric (688226.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 2,848 billion yuan, an increase of 74.03% over the same period last year; net profit attributable to shareholders of listed companies was 120 million yuan, an increase of 72.30% over the same period last year. In 2023, the net profit attributable to shareholders of listed companies increased by 87.37% over the same period last year due to the implementation of a restricted stock incentive plan to cover share payments. If the impact of this matter is excluded, At the same time, the company optimized its business layout and continued to increase investment in the development of new products. This report
Guojin Securities: In the context of overall financing tightening in the photovoltaic industry, the welding belt market is expected to concentrate at the top
The sharp drop in module costs is expected to drive the continued growth of global photovoltaic installations and the boom in PV welding belt shipments. Guojin Securities expects global demand for welding belts to be 273/322,000 tons from 2024-2025, an increase of 24%/18%.
Guohai Securities: Under pressure to cut costs, OBB is the winner and loser in the price war between HJT and TOPCON
The Zhitong Finance App learned that Guohai Securities released a research report saying that on March 14, 2024, Aotewei released the TopCon 0BB welding mass production process: 0BB's core advantages include reducing silver by more than 10% for single batteries and increasing the power of single modules by more than 5W. On March 16, 2024, Ningxia Maverick completed the delivery of the first HJT IFC direct laminating mass production equipment. IFC is Maverick's 0BB solution. After use, HJT batteries can save 30%-35% of silver consumption. Guohai Securities believes that 0BB is an industry trend in preparation under pressure to reduce component costs. It is the 2024 HJT technology breakthrough
Fangzheng Securities: 0BB industry progress accelerates to help the industry reduce costs and increase efficiency
The Zhitong Finance App learned that Fangzheng Securities released a research report saying that currently 0BB technology has broken through technical bottlenecks on TopCon, reducing single-chip silver consumption by ≥ 10%, increasing component power by ≥5W, and can be combined with high-speed welding systems to ensure high yield. The company has completed more than 120 related patent applications, and has now reached the mass production conditions for the TopCon0BB welding process. Currently, leading battery module manufacturers are actively deploying 0BB technology. In the future, with mass production of Topcon and HJT0BB welding processes, the costs of downstream component manufacturers are expected to drop further and advance
Wetown Electric Group Co., Ltd. (SHSE:688226) Soars 37% But It's A Story Of Risk Vs Reward
Wetown Electric Group Co., Ltd. (SHSE:688226) shareholders are no doubt pleased to see that the share price has bounced 37% in the last month, although it is still struggling to make up recently lost
Weiteng Electric (688226.SH) Performance Report: Net profit to mother of 120 million yuan increased 72.12% year-on-year in 2023
Gelonghui, Feb. 23 | Weiteng Electric (688226.SH) announced the 2023 annual performance report. The company's total revenue for 2023 was 2,851 billion yuan, up 74.22% year on year; operating profit of 158 million yuan, up 99.99% year on year; total profit of 157 million yuan, up 96.05% year on year; net profit attributable to owners of the parent company was 120 million yuan, up 72.12% year on year; net profit attributable to owners of the parent company after deducting non-recurring profit and loss was 107 million yuan, up 60.90% year on year; basic earnings per share 0.77 yuan, a year-on-year increase
Weiteng Electric (688226.SH): Net profit pre-increased by 57.34% to 74.50% in 2023
Gelonghui, January 29丨Weiteng Electric (688226.SH) announced the 2023 annual results advance announcement. It is expected to achieve net profit attributable to the owner of the parent company in 2023 of RMB 110,000,000 to RMB 1220.00 million. Compared with the same period of the previous year (statutory disclosure data), it will increase by RMB 40,087 million to RMB 52.087 million, an increase of 57.34% to 74.50% over the previous year. It is estimated that net profit attributable to the owner of the parent company after deducting non-recurring profit and loss will be between $980.00 million and $11,000.00 in 2023
Is Wetown Electric Group Co., Ltd.'s (SHSE:688226) ROE Of 11% Impressive?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). To keep the less
Weiteng Electric (688226.SH): Shipment share of SMBB welding tape is gradually increasing
Gelonghui, January 22丨Weiteng Electric (688226.SH) Investor Relations Activity Record Sheet shows that the company arranges production according to customer order requirements. With the development trend of the market, the share of SMBB welding tape shipments has gradually increased.
Weiteng Electric (688226.SH): The company's annual audit is currently underway
Gelonghui, January 22丨Weiteng Electric (688226.SH) Investor Relations Activity Record Sheet shows that the company's annual audit work is currently underway. Looking at the company's first three quarters of 2023, the company achieved operating revenue of 2.08 billion yuan, an increase of 78.85% over the previous year. Net profit attributable to mother was 84.76 million yuan, up 68.23% year-on-year
[BT Financial Report Instantaneous Analysis] Weiteng Electric's 2023 Quarterly Report: Revenue increased by 78.85%, net profit increased by 68.23%, and business growth was remarkable
Earnings announcement time: 2023-10-27 18:00:16 Weiteng Electric (stock code: 688226) is a comprehensive solution service provider for energy storage and distribution systems. Its main business includes the three fields of power distribution equipment, new photovoltaic materials, and energy storage systems. In terms of power distribution equipment, the company focuses on R&D, manufacturing and sales of low-voltage busbars, and has become one of the well-known enterprises in the domestic bus segment. In terms of new photovoltaic materials, the company mainly produces photovoltaic welding strips and aluminum frames, has a high brand awareness, and has become one of the main suppliers of photovoltaic welding belts in China. In terms of assets and liabilities, Witten
Weiteng Electric (688226.SH) released the first three quarter results, net profit of 84.7637 million yuan, up 68.23% year on year
Witten Electric (688226.SH) released its report for the third quarter of 2023. The company achieved revenue of 2 in the first three quarters...
WeiTeng Electric (688226.SH): Grants 3412.5 million restricted shares to incentive recipients
Glonghui, October 9, 丨 Weiteng Electric (688226.SH) announced that at the 20th meeting of the 3rd board of directors and the 20th meeting of the 3rd board of supervisors held on October 9, 2023, the company separately reviewed and passed the “Proposal on Granting Reserve Some Restricted Shares to 2022 Restricted Stock Incentive Plan Incentive Program Incentive Recipients”. It was determined that October 9, 2023 was the reservation grant date, and 3412.5 million restricted shares were awarded to 80 incentive recipients at a grant price of 11.87 yuan/share.
Weiteng Electric (688226.SH): Has been in the photovoltaic welding belt business for many years. Its main customers include well-known companies in the industry such as Jingao Technology REC
Glonghui, September 13丨In response to investor research, Weiteng Electric (688226.SH) said that the company has been in the photovoltaic welding belt business for many years. Its main customers include well-known companies in the industry such as Jingao Technology, Jingke Energy, Tianhe Solar, and REC, and is one of the main suppliers of photovoltaic welding belts in China. There are currently no changes to the main customers.
Weiteng Electric (688226.SH): The company's low temperature welding belts currently mainly cooperate with overseas customers to achieve stable supply
GLONGHUI, September 6丨In response to the survey, Weiteng Electric (688226.SH) said that as the company's business continues to grow, the company continues to increase overseas sales, and its share of export sales business continues to grow. In the future, the company will continue to focus on the three major businesses of power distribution equipment, new photovoltaic materials, and energy storage systems. While being based on a broad domestic market, the company will actively explore overseas markets. The company currently mainly cooperates with overseas customers to achieve stable supply of low-temperature welding belts.
WeiTeng Electric (688226.SH): Currently, the company has sufficient orders on hand, an increase of more than 50% compared to the same period last year
Glonghui, September 5 | In response to a survey from a specific target, GLONGHUI (688226.SH) said that the company currently has sufficient orders. Compared with the same period last year, the number of orders on hand has increased by more than 50%. The main products are close to full production capacity, and production capacity is still gradually increasing. The company achieved revenue of 1,034 billion yuan in the first half of the year, an increase of 40.48% over the previous year. It further stated that the company is actively promoting the energy storage system business. With “full product line layout and full industry chain construction” as the development direction of the energy storage system business, while being based on the vast domestic energy storage market, it is also actively developing overseas markets. At the level of full product line layout
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