Neway CNC (688697.SH) announced first-quarter results, net profit of 69.5514 million yuan, a year-on-year decrease of 3.03%
Neway CNC (688697.SH) disclosed its report for the first quarter of 2024. The company achieved operating income during the reporting period...
These 4 Measures Indicate That Neway CNC Equipment (Suzhou) (SHSE:688697) Is Using Debt Safely
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) Just Reported And Analysts Have Been Cutting Their Estimates
Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) missed earnings with its latest yearly results, disappointing overly-optimistic forecasters. Neway CNC Equipment (Suzhou) missed analyst forec
Cinda Securities: Continued focus on new quality productivity and policy-driven main lines
The Zhitong Finance App learned that Cinda Securities released a research report saying that the State Council issued the “Action Plan to Promote Large-scale Equipment Renewal and Consumer Goods Trade-In”, focusing on promoting new industrialization, with energy saving and carbon reduction, ultra-low emissions, safe production, digital transformation, and intelligent upgrading as important directions, focusing on key industries such as steel, non-ferrous, petrochemicals, chemicals, building materials, electricity, machinery, aviation, ships, textiles, electronics, etc., to vigorously promote the renewal and technological transformation of production equipment, energy use equipment, power transmission and distribution equipment, etc. In terms of individual stocks, the bank suggests focusing on: 1) The machine tool industry has opportunities for upgrading: it is recommended to focus on Neway CNC (6
Neway CNC (688697.SH): Net profit increased 21.13% year-on-year in 2023, and plans to pay 10 to 6 yuan
On March 25, Ge Longhui (688697.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 2,321 billion yuan, an increase of 25.76%; net profit attributable to shareholders of listed companies was 318 million yuan, up 21.13% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 276 million yuan, an increase of 24.57% year on year; and basic earnings per share were 0.97 yuan. The company's 2023 profit distribution plan is: It is proposed to distribute cash dividends to all shareholders for every 10 shares based on the total share capital on the share registration date of the equity distribution
Neway CNC Equipment (Suzhou) (SHSE:688697) Knows How To Allocate Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE)
Huaan Securities: A leading enterprise with extensive space for Chinese machine tools to go overseas, focusing on active forward-looking layout in overseas markets
The Zhitong Finance App learned that Huaan Securities released a research report saying that in 2023, China's machine tool exports reached 10.532 billion US dollars, +10.6% year-on-year. The average export price increased from 290 US dollars in 2019 to 600 US dollars, and the trend of high-end exports is remarkable. In the context of the acceleration of exports in the machine tool industry, it is recommended to focus on leading machine tool companies that are actively forward-looking to lay out overseas markets. 1) Haitian Precision (601882.SH): A leading enterprise in high-end CNC machine tools, with significant advantages in continuous forward-looking layout. 2) Neway CNC (688697.SH): diversified product development
Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) Surges 45% Yet Its Low P/E Is No Reason For Excitement
Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) shareholders would be excited to see that the share price has had a great month, posting a 45% gain and recovering from prior weakness. Not all
SDIC Securities: The central government encourages a new round of equipment upgrades, and the machine tool industry is expected to benefit
SDIC Securities released a research report saying that with the help of the national policy side, domestic machine tool companies are expected to fully benefit under the catalyst of renewal demand combined with domestic substitution.
Neway CNC (688697.SH): The third phase of the fund-raising project will be fully completed in 2024
Gelonghui, Feb. 26 | Neway CNC (688697.SH) disclosed an investor relations activity record table showing that the company's production capacity design matches the company's development strategy plan, and the third phase of the fund-raising project will be fully completed in 2024. Currently, the company is basically full of production, and there is a small amount of surplus production capacity, so pre-investing for some standard models can shorten the delivery period and facilitate the acceptance of subsequent orders. The company's “Phase IV High-end Intelligent CNC Equipment and Core Functional Components Project” is under construction. It is expected to be completed by the end of this year and put into operation in 2025. After completion, the product line of high-end intelligent CNC equipment and core functional components can be expanded, and equipped
Calculating The Intrinsic Value Of Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697)
Key Insights Neway CNC Equipment (Suzhou)'s estimated fair value is CN¥19.71 based on 2 Stage Free Cash Flow to Equity Current share price of CN¥17.53 suggests Neway CNC Equipment (Suzhou) is potent
Neway CNC (688697.SH) performance report: 2023 net profit of 320 million yuan increased 21.89% year-on-year
Gelonghui, Feb. 22 | Neway CNC (688697.SH) announced the 2023 Annual Results Report. During the reporting period, the company achieved operating income of 2,326 billion yuan, an increase of 26.05% over the same period of the previous year; achieved net profit attributable to owners of the parent company of 320 million yuan, an increase of 21.89% over the same period of the previous year; realized net profit attributable to owners of the parent company after deducting non-recurring gains and losses of 276 million yuan, an increase of 24.68% over the same period last year. In 2023, while improving product performance, the company will implement fine management, and strictly implement material procurement, product design and various expenses
The Recent Pullback Must Have Dismayed Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) Insiders Who Own 61% of the Company
Key Insights Significant insider control over Neway CNC Equipment (Suzhou) implies vested interests in company growth A total of 4 investors have a majority stake in the company with 61% ownership
Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
With its stock down 21% over the past three months, it is easy to disregard Neway CNC Equipment (Suzhou) (SHSE:688697). But if you pay close attention, you might gather that its strong financials co
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Returns Have Hit A Wall
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and se
Anxin Securities: The machine tool industry is still in the bottom-building stage, high-end and domestic production has replaced it as the main line of long-term investment
We are optimistic about investment opportunities in the domestic machine tool industry chain in the context of autonomy and control.
Neway CNC (688697.SH): Currently, the company's overseas sales are mainly settled in RMB and US dollars, and a very small portion is settled in euros
GLONGHUI, Oct. 26 | Neway CNC (688697.SH) Investor Relations Activity Record Statement indicates that currently the company's overseas sales are mainly settled in RMB and US dollars, and a very small portion is settled in Euros. Since the company's export sales ratio is relatively small, and some of them are settled in RMB, exchange rate fluctuations have little impact on the company.
Neway CNC (688697.SH): Net profit for the third quarter was 83.7756 million yuan, up 14.60% year on year
Glonghui, Oct. 23, 丨 Neway CNC (688697.SH) announced its report for the third quarter of 2023. Revenue for the reporting period was 631 million yuan, up 25.67% year on year; net profit attributable to shareholders of listed companies was 83.7756 million yuan, up 14.60% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 74.966 million yuan, up 27.87% year on year; basic earnings per share were 0.2565 yuan/share.
Does Neway CNC Equipment (Suzhou) (SHSE:688697) Deserve A Spot On Your Watchlist?
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. But the reality is that when a company lo
Neway CNC (688697.SH): Currently, the company's export business uses RMB as the main settlement currency
Glonghui, September 21 | Neway CNC (688697.SH) said during an agency survey that the company's production capacity design matches the company's development strategy plan. Currently, the company is basically in full production. If there is a small amount of surplus production capacity, pre-investment of some standard models can shorten the delivery period and facilitate the acceptance of subsequent orders. At the same time, the company also stated that currently the company's export business uses RMB as the main settlement currency, other foreign currency businesses do not account for much, and exchange rate fluctuations have little impact on the company's performance.
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