300066 Sanchuan Wisdom Technology
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Sanchuan Wisdom Technology News
Express News | Mikawa Wisdom: Prices of rare earth oxides are rising steadily, and the company's comprehensive recycling business of rare earth resources is expected to improve
Sanchuan Wisdom (300066.SZ): Smart factory project with an annual output of 5 million water meters, civil engineering has been fully completed
On April 30, Ge Longhui (300066.SZ) held a performance briefing on April 29, 2024 to discuss “How is the construction of the company's smart factory project progressing, and when is it expected to be officially put into operation?” The company replied that the civil engineering of the company's smart factory project with an annual output of 5 million water meters has been fully completed. It is currently undergoing new equipment debugging, information system connection, supply chain system construction, etc., and is expected to be put into mass production by the end of 2024.
Mikawa Wisdom (300066.SZ): Net profit of 470,000 yuan in the first quarter fell 97.29% year on year
On April 25, Ge Longhui (300066.SZ) released its first quarter report. Operating income was 349 million yuan, down 15.56% year on year, net profit of 470,000 yuan, down 97.29% year on year. After deducting non-net loss of 5.82 million yuan, it turned into a loss year on year, with a basic income of 0.0005 yuan per share.
Mikawa Wisdom (300066.SZ): As of April 10, 2024, the total number of shareholders of the company was 31,827
Gelonghui, April 23 | Sanchuan Zhihui (300066.SZ) said on the investor interactive platform that as of April 10, 2024, the total number of shareholders of the company was 31,827.
Mikawa Wisdom (300066.SZ) announced its 2023 annual results, with net profit of 240 million yuan, an increase of 12.19%
Mikawa Wisdom (300066.SZ) released its 2023 annual report. The company's revenue was 2,285 billion yuan, an increase of 71.57% over the previous year. Net profit attributable to shareholders of listed companies was 240 million yuan, an increase of 12.19% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $108 million, a year-on-year decrease of 43.79%. Basic earnings per share were $0.2307.
Mikawa Wisdom (300066.SZ): Received a total of 404.19,900 yuan in government subsidies in 2023
Gelonghui, January 12 | Sanchuan Wisdom (300066.SZ) announced that the company and its subsidiaries received a total of 404.19,900 yuan in various government subsidies from January to December 2023, all of which are government subsidies related to daily business activities, in the form of cash grants.
Mikawa Wisdom (300066.SZ): Obtained a total of 135 patents and computer software copyright certificates in 2023
Gelonghui, January 12, 丨 Sanchuan Wisdom (300066.SZ) announced that from January 2023 to December 2023, Sanchuan Smart Technology Co., Ltd. (“Company” or “Sanchuan Wisdom”) and its subsidiaries Wenling Yongling Water Meter Co., Ltd. (“Yongling Water Meter”) and Hangzhou Sanchuan Guode Internet of Things Technology Co., Ltd. (“Sanchuan Guode”) obtained a total of 135 patents and computer software copyright certificates, including 16 invention patents, 56 utility model patents, 3 design patents, and 60 computer software copyrights.
Mikawa Wisdom (300066.SZ): As of January 10, 2024, the total number of shareholders of the company was 29,535
Gelonghui, January 12 | Sanchuan Zhihui (300066.SZ) said on the interactive platform that as of January 10, 2024, the total number of shareholders of the company was 29,535.
Mikawa Wisdom (300066.SZ): As of December 29, 2023, the total number of shareholders of the company was 29,225
Gelonghui January 3 | Sanchuan Zhihui (300066.SZ) said on an interactive platform that as of December 29, 2023, the total number of shareholders of the company was 29,225.
The rare earth sector strengthened, and Dagang Holdings rose more than 12%
Glonghui, October 25 | Dagang Holdings rose more than 12%, Mikawa Wisdom and China Aluminum rose more than 4%, and Jintian Co., Ltd. and Fangbang Co., Ltd. followed suit.
Mikawa Wisdom (300066.SZ): Net profit of 170 million yuan for the first three quarters increased 38.26% year-on-year
GLONGHUI, October 24 丨 Mikawa Wisdom (300066.SZ) announced its third quarter report. Revenue was 1,738 billion yuan, up 133.06% year on year, net profit was 170 million yuan, up 38.26% year on year, after deducting non-net profit of 108 million yuan, down 0.04% year on year, and basic earnings per share were 0.1641 yuan.
Mikawa Wisdom (300066) Third Quarterly Report Performance Review: Performance Significantly Exceeded Expectations Smart Water+Rare Earth Recycling Dual Engine Drive
Incident: The company announced its third quarterly report. Revenue for the first three quarters was 1,738 billion yuan, up 133.06% year on year; net profit for the first three quarters was 171 million yuan, up 38.26% year on year; net profit after deducting -0.04%. Remarkable performance
Mikawa Wisdom (300066) First Coverage Report: Smart Water Leader, Rare Earth Recycling's Second Curve Has Great Potential
Industry level: Because of smart water trends, the rare earth resources industry has broad space. 1) Water: Competition pattern: Traditional water meter companies are in a painful period in the manufacturing industry. Due to intense competition and price wars, the trend is gradually becoming intelligent and platform-based
Mikawa Wisdom (300066.SZ): Currently, the company's smart water meter orders are stable, and the business situation is good
GLONGHUI, August 31 | Mikawa Wisdom (300066.SZ) held a performance briefing on August 30, 2023 at 15:00-17:00 on August 30, 2023. “Please tell me about the company's current order status?” The company replied that in the first half of 2023, the company's smart water meters achieved revenue of 332 million yuan, an increase of 53.78% over the previous year; mechanical water meters achieved revenue of 92.2595 million yuan, a year-on-year decrease of 9.66%. Currently, the company's smart water meter orders are stable, and the business situation is good.
Mikawa Wisdom (300066.SZ): The company's overall production capacity is 10 million units per year, and the capacity utilization rate in 2022 is about 80%
GLONGHUI, August 31 丨 Mikawa Wisdom (300066.SZ) held a performance briefing on August 30, 2023 from 15:00-17:00 to discuss “What is the company's current capacity utilization rate?” The company replied that the company's overall production capacity is 10 million units per year, and the capacity utilization rate in 2022 will be about 80%. In order to cope with future growth in demand for smart water meters, the company began smart factory construction in 2022, and is expected to complete trial production by the end of 2023.
Interpretation of Mikawa Wisdom's 2023 Interim Report: Hidden Concerns Behind Performance Growth
According to Mikawa Smart's 2023 interim report data, revenue was 1,119,656,630.87 yuan, an increase of 193.49% over 381,491,891.47 yuan in the same period last year. This is an impressive figure that shows that the company's business scale is rapidly expanding. However, we need to note that despite a sharp increase in operating income, net profit attributable to shareholders of listed companies was only 97,714,512.07 yuan, an increase of 24.62% compared to 78,410,529.48 yuan in the same period last year. The increase was far lower than operating income. This means
Mikawa Wisdom (300066.SZ): Net profit increased 24.62% in the first half of the year to 97.714,500 yuan
Glonghui, August 21丨Mikawa Wisdom (300066.SZ) announced the 2023 semi-annual report. Operating income for the reporting period was 1,1197 billion yuan, up 193.49% year on year; net profit attributable to shareholders of listed companies was 97.7145 million yuan, up 24.62% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 385.721 million yuan, down 45.12% year on year; basic earnings per share were 0.0940 yuan.
Zheshang Securities: The National Standing Committee deploys urban village renovation and is optimistic about the acceleration of updates to smart water meters, gas meters, etc.
The Zhitong Finance App learned that on July 21, the executive meeting of the State Council reviewed and approved the “Guiding Opinions on Actively and Steadily Promoting Urban Village Renovation in Megacities”. The bank believes that the new urban village renovation policy covers a wide range of applications. Water meters and gas meters, as utility infrastructure instruments, are expected to be used on a new round of centralized transformation with demand for stock replacement. Ultrasonic water meters and smart gas meters are expected to be used on a very large scale in this urban village renovation. Increased downstream demand for meters and smart gas meters . Incident: July 21,
Mikawa Wisdom (300066.SZ): Plans to use no more than 300 million yuan of idle own funds for cash management
On July 19, GLONGHUI (300066.SZ) announced that the 16th meeting of the sixth board of directors of the company deliberated and passed the “Proposal on Using Idle Own Funds for Cash Management”, agreeing that the company would use part of its idle own funds for cash management through financial institutions on the premise of ensuring financial safety, legal and compliance with operations, and normal production and operation not being affected. The main method of cash management is to purchase wealth management products. The amount does not exceed 300 million yuan. You can use them on a rolling basis within this limit. The period of use is valid for 3 years from the date of review and approval at the 16th meeting of the 6th board of directors. A single asset
Mikawa Wisdom (300066.SZ): Tianhe Permanent Magnet mainly produces high-purity rare earth oxides by treating NdFeB waste and molten salt residue. Among them, neodymium oxide is the main product, and no metal materials are involved
GLONGHUI July 14丨Some investors asked Sanchuan Zhihui (300066.SZ), “What progress is your subsidiary currently making in new metal materials?” Mikawa Wisdom replied that Tianhe Permanent Magnet, a holding subsidiary of the company, mainly produces high-purity rare earth oxides by treating NdFeB waste and molten salt residue, including rare earth oxides such as neodymium oxide, neodymium oxide, tantalum oxide, and tantalum oxide. Among them, neodymium oxide is the main product and does not involve metal materials.
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