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The home appliance sector continued to strengthen. Changhong Meiling hit a record high with a rise and stop. Hisense Home Appliances rose more than 7%, and Vantage shares, Xinbao shares, and Haier Smart Home gained strength across the board.
The home appliance sector continued to strengthen. Changhong Meiling hit a record high with a rise and stop. Hisense Home Appliances rose more than 7%, and Vantage shares, Xinbao shares, and Haier Smart Home gained strength across the board.
The A-share home appliance sector strengthened, and Hisense Home Appliances continued to reach record highs
Glonghui, April 30 | Omar Electric and Changhong Miling went up and down. Hisense home appliances rose more than 5% to continue to reach record highs. Lake Electric, Haier Smart Home, Covos, and Martians are ahead of the curve. According to Guolian Securities, the number of home appliance exports in the first quarter of 2024 increased by 24%/16%/12% year-on-year, respectively, and continued to be better than the mid-single-digit historical growth range. Furthermore, at present, white power export schedules are still growing well, and most export companies are also optimistic about the order situation; overall, exports from the home appliance industry are expected to continue to exceed expectations in the future.
Changes in the concept of household appliances have boosted Omar Electric and Changhong Miling both up and down
The concept of household appliances fluctuated and increased. Omar Electric and Changhong Miling both went up and down, while Haier Smart Home, Martian, Covos, and Hisense home appliances followed suit.
The home appliance sector bucked the trend and strengthened. Covos surged 6%, with a cumulative increase of 50% over the past 10 days; Changhong Meiling and Haier Smart Home increased by more than 5%, and Hisense home appliances rose more than 3%.
The home appliance sector bucked the trend and strengthened. Covos surged 6%, with a cumulative increase of 50% over the past 10 days; Changhong Meiling and Haier Smart Home increased by more than 5%, and Hisense home appliances rose more than 3%.
SDIC Securities released a research report on April 26 stating that it gave Changhong Meiling (000521.SZ) a purchase rating, and the target price was 13.21 yuan. The main reasons for the rating include: 1) a month-on-month increase in Q1 revenue growth; 2
SDIC Securities released a research report on April 26 stating that it gave Changhong Meiling (000521.SZ) a purchase rating, and the target price was 13.21 yuan. The main reasons for the rating include: 1) a month-on-month increase in Q1 revenue growth; 2) a year-on-year decline in Q1 gross margin; 3) a slight year-on-year increase in Q1 profitability; and 4) a marginal improvement in Q1 operating cash flow. (Mainichi Keizai Shimbun)
Changhong Meiling (000521): The air conditioning business picked up in Q1, and revenue increased rapidly in a single quarter
Incident: Changhong Meiling announced its 2024 quarterly report. The company achieved revenue of 5.94 billion yuan in Q1, YoY +18.2%; realized net profit attributable to mother of 160 million yuan, YoY +26.9%; realized net profit without deduction to mother1
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