Zhongding Co., Ltd. (000887): The performance growth rate of overseas mergers and acquisitions exceeds expectations, and the intelligent chassis business continues to grow
Incident: The company released its 2023 annual report & 2024 quarterly report. The company achieved revenue of 17.24 billion yuan in 2023, +15.6% year-on-year; realized net profit of 1.13 billion yuan, or +17.0% year-on-year. 24
Zhongding Co., Ltd. (000887): Overseas asset profits have accelerated and made historic progress in repairing the suspension
Investment Highlights Announcement Highlights: The company released its 2023 annual report and 2024 quarterly report. The 2023 annual report was slightly lower than our expectations, and the 2024 quarterly report exceeded expectations. Achieved revenue of $17.2 billion in 2023, YoY
Zhongding Co., Ltd. (000887): Overseas business profits improved, and the air suspension business achieved a major breakthrough
Matters: The company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved total operating income of 17.24 billion yuan (+15.6% YoY) and net profit to mother of 1.13 billion yuan (+16.8% YoY), deducted
Zhongding Co., Ltd. (000887): Excellent Q1 performance, optimistic about continued profit release
24Q1 The net profit of the company increased year-on-month, and Zhongding Co., Ltd. released an annual report. In 2023, it achieved revenue of 17.244 billion yuan (yoy +15.63%) and net profit of 1,131 billion yuan (yoy +16.78%)
Zhongding Co., Ltd. (000887): Expansion of internal extension and epitaxial two-wheel drive air suspension business can be expected
Incident: (1) The company released its 2023 annual report, and achieved revenue of 17.244 billion yuan in 2023, +15.63% year over year; net profit to mother was 1,131 billion yuan, +16.78% year over year. Of these, 20
Zhongding Co., Ltd. (000887.SZ): Net profit of 361 million yuan in the first quarter increased 37.56% year-on-year
On April 29, Ge Longhui Co., Ltd. (000887.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 4.692 billion yuan, up 21.58% year on year; net profit attributable to shareholders of listed companies was 361 million yuan, up 37.56% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 302 million yuan, up 40.48% year on year; basic earnings per share were 0.27 yuan.
Zhongding Co., Ltd. (000887.SZ): Obtained the Air Suspension System Assembly Product Project Designation Letter
Zhongding Co., Ltd. (000887.SZ) announced that the company's subsidiary Shanghai Dingyu Intelligent Technology Co., Ltd. (“Shanghai Dingyu...
Ping An Securities released a research report on April 19 stating that it gave Zhongding Co., Ltd. (000887.SZ) a recommended rating. The main reasons for the rating include: 1) the company received an order for air spring products for the first time, whic
Ping An Securities released a research report on April 19 stating that it gave Zhongding Co., Ltd. (000887.SZ) a recommended rating. The main reasons for the rating include: 1) the company received an order for air spring products for the first time, which is of ice-breaking significance; 2) benchmark model demonstration effect+large-scale cost reduction two-wheel drive air suspensions are becoming large-scale, and local core component suppliers have entered the scale effect stage. (Mainichi Keizai Shimbun)
Zhongding Co., Ltd. (000887): The first fixed point for air springs is a landmark
Matters: The company announced that the subsidiary Anhui Zhongding Shock Absorbing Rubber Technology Co., Ltd. recently received a customer notice that the company has become a batch supplier of air suspension system assembly products for a new platform project of a domestic new energy brand OEM. The life cycle of this project is
Express News | Zhongding Co., Ltd.: Obtained 1.48 billion yuan Air Suspension System Assembly Product Project Designation Letter
Zhongding Co., Ltd. (000887): Released the 2023 performance report and 2024Q1 performance forecast, optimistic about the potential of air suspension and lightweight businesses
Zhongding Co., Ltd. released its 2023 performance report: in 2023, it achieved operating income of 17.25 billion yuan, an increase of 16% over the previous year; net profit attributable to shareholders of listed companies was 1.13 billion yuan, an increase of 17% over the previous year. Not deducted
Zhongding Co., Ltd. (000887): The company's profit achieved steady growth, and the internationalization strategy is gradually entering a harvest period
Event: The company released the 2023 Annual Results Report & First Quarter 2024 Earnings Forecast. In 2023, the company expects to achieve total revenue of 17.25 billion yuan, an increase of 15.7% over the same period last year; it is expected to achieve net return to mother
Cinda Securities released a research report on April 16 stating that it gave Zhongding Co., Ltd. (000887.SZ) a purchase rating. The main reasons for the rating include: 1) the company's profit achieved steady growth around the core strategy of the intelli
Cinda Securities released a research report on April 16 stating that it gave Zhongding Co., Ltd. (000887.SZ) a purchase rating. The main reasons for the rating include: 1) the company's profit achieved steady growth around the core strategy of the intelligent chassis system; 2) the smart chassis business maintained rapid growth, and the cooling system performed well; 3) the internationalization strategy gradually entered the harvest period, and overseas technology was implemented domestically. (Mainichi Keizai Shimbun)
Southwest Securities released a research report on April 14 stating that it gave Zhongding Co., Ltd. (000887.SZ) a purchase rating, with a target price of 19.26 yuan. The main reasons for the rating include: 1) the company is a leading domestic non-tire r
Southwest Securities released a research report on April 14 stating that it gave Zhongding Co., Ltd. (000887.SZ) a purchase rating, with a target price of 19.26 yuan. The main reasons for the rating include: 1) the company is a leading domestic non-tire rubber products enterprise, leading the industry in many segments; 2) traditional business: steady growth in performance, domestic implementation and growth of overseas mergers and acquisitions; 3) incremental business: leading the industry in the segment, and business volume can be expected. (Mainichi Keizai Shimbun)
Zhongding Co., Ltd. (000887): Good operating results in the first quarter of 2024, outstanding leading edge in the air suspension business
Matters: The company released the 2023 Annual Results Report and the 2024 First Quarter Results Forecast. In 2023, it achieved total operating revenue of 17.25 billion yuan (+15.7% YoY) and net profit of 1.13 billion yuan (YoY +)
Zhongding Co., Ltd. (000887): Q1 net profit increased year-on-year, and profit improvements can be expected in 24 years
The 24Q1 company achieved net profit of 32 to 380 million yuan. The company released the 23-year performance report and 24Q1 performance forecast: achieved revenue of 17.25 billion yuan in 23, an increase of 15.7% over the previous year; net profit to mother 11.
Zhongding Co., Ltd. (000887.SZ) Performance Report: 2023 net profit of 1,131 million yuan increased 16.95% year-on-year
Gelonghui, April 12 | Zhongding Co., Ltd. (000887.SZ) announced its 2023 annual performance report. The company's total revenue for 2023 is 17.253 billion yuan, an increase of 15.69% over the same period of the previous year; net profit attributable to shareholders of listed companies is expected to be 1,131 million yuan, an increase of 16.95% over the same period last year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 999 million yuan, an increase of 35.45% year on year; basic earnings per share are 0.86 yuan.
Express News | Zhongding Co., Ltd.: Net profit for the first quarter of 2024 increased by 21.96% — 44.83%
Zhongding Co., Ltd. (000887): The three leading incremental business volumes of non-tire rubber products can be expected
Recommended logic: (1) The company is a leading domestic non-tire rubber products enterprise, leading the industry in the fields of air suspension systems, NVH systems, cooling systems, sealing systems, etc. (2) Traditional business is growing steadily, and overseas merger and acquisition projects are implemented and grown domestically
Zhongding Co., Ltd. (000887.SZ): The products are mainly in the automotive industry, but also involve a small amount of household appliances and other businesses
Gelonghui, March 22 | Zhongding Co., Ltd. (000887.SZ) said on the investor interactive platform that the company's products are mainly in the automotive industry, but also involve a small amount of household appliances and other businesses. Currently, the company's main business is sealing systems business, shock absorbing rubber system business, air suspension system business, lightweight system business, thermal management system business, etc.
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