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Institutional Investors May Adopt Severe Steps After SUPCON Technology Co., Ltd.'s (SHSE:688777) Latest 3.3% Drop Adds to a Year Losses
Key Insights Significantly high institutional ownership implies SUPCON Technology's stock price is sensitive to their trading actions A total of 11 investors have a majority stake in the company wit
League of Nations Securities: The computer industry's performance has resumed growth in 23 years and is optimistic about growth opportunities such as AI, data elements, and industrial digitalization
The Zhitong Finance App learned that Guolian Securities released a research report saying that the total revenue of the computer industry in '23 was about 1181.2 billion yuan, a year-on-year growth rate of 9.54%, and total net profit to mother was about 30.1 billion yuan, an increase of 8.77% over the previous year. Looking at segments, profits from smart security, financial IT, and geographic information increased markedly in 2023; industrial software achieved relatively rapid growth in the first quarter of 2024. The bank continues to be optimistic that AI, data elements, and industrial digitalization will bring solid growth opportunities to the computer industry. The computer industry will also help the development of future industries such as the low-altitude economy and quantum technology, 202
Additional Considerations Required While Assessing SUPCON Technology's (SHSE:688777) Strong Earnings
SUPCON Technology Co., Ltd. (SHSE:688777) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in the share price. However, we think that shareholders may be m
SUPCON Technology Co., Ltd.'s (SHSE:688777) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
SUPCON Technology's (SHSE:688777) stock is up by a considerable 25% over the past three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's
Central Control Technology (688777.SH): Net profit of 145 million yuan in the first quarter increased 57.39% year-on-year
On April 16, Ge Longhui (688777.SH) released its report for the first quarter of 2024. Operating revenue for the reporting period was 1,738 billion yuan, up 20.25% year on year; net profit attributable to shareholders of listed companies was 145 million yuan, up 57.39% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 119 million yuan, up 76.05% year on year; basic earnings per share were 0.18 yuan.
Jefferies Adjusts Zhejian Supcon Technology Group's Price Target to 59.68 Yuan From 64.75 Yuan, Keeps at Buy
Zhejian Supcon Technology Group (SHA:688777 ) has an average rating of buy and price targets ranging from 48.40 yuan to 64.75 yuan, according to analysts polled by Capital IQ.
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