Genesis (300083): Marginal improvement in fundamentals of leading CNC machine tool companies
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved revenue of 3.53 billion yuan, a year-on-year decrease of 22.0%; net profit to mother was 190 million yuan, a year-on-year decrease of 42.0%. Q4 Coming in a single quarter
Genesis (300083.SZ) announced first-quarter results, net profit of 59.016 million yuan, a year-on-year decrease of 51.46%
Genesis (300083.SZ) released its report for the first quarter of 2024. The company achieved operating income of 8 during the period...
Zhongtai Securities released a research report on April 23 stating that it gave Genesis (300083.SZ) an increase in holdings rating. The main reasons for the rating include: 1) the 2023 performance is under pressure, 3C recovery+high-end volume+overseas de
Zhongtai Securities released a research report on April 23 stating that it gave Genesis (300083.SZ) an increase in holdings rating. The main reasons for the rating include: 1) the 2023 performance is under pressure, 3C recovery+high-end volume+overseas development helped 2023Q4 ushered in an inflection point in performance; 2) the leading position in the drilling center was consolidated, and the high-end market for general machine tools continued to break through. (Mainichi Keizai Shimbun)
Genesis (300083): Q4 improvements are clearly expected to fully benefit 3C recovery and equipment updates
Introduction to this report: Q4 performance has improved significantly; AI has injected new vitality into the 3C, equipment updates drive a new round of machine tool updates; develop high-end five-axis to embrace overseas markets. Investment highlights: Investment advice: Considering that the 3C recovery falls short of expectations
Genesis (300083): 2024Q4 performance inflection point, high-end market continues to break through
Incident: The company released its 2023 annual report. In 2023, it achieved revenue of 3,529 billion yuan, a year-on-year ratio of -22.04%, a return to mother of 194 million yuan, a year-on-year ratio of -41.96%, and a deduction of 65 million yuan
Genesis (300083.SZ) announced its 2023 annual results, net profit of 194 million yuan, a decrease of 41.96%
Genesis (300083.SZ) released its 2023 annual report. The company's revenue was 3,529 billion yuan...
Genesis (300083): 2023 results under pressure
The company's revenue in '23 was 3,529 million yuan/yoy -22.04%, net profit to mother was 194 million yuan/yoy -41.96%, and Genesis released its annual report, achieving revenue of 3,529 billion yuan in 2023 (yo
Genesis (300083.SZ): Currently, there is no direct supply of components to Ehang Intelligence
Gelonghui, April 11 | Genesis (300083.SZ) said on the investor interactive platform that the company's core business is high-end intelligent equipment business. The company's core products are high-end CNC machine tools, which can be used to process some parts of low-altitude aircraft. The company currently does not directly supply components to Ehang Intelligence.
Genesis (300083.SZ): 3C business has always been an area of strength for the company
Gelonghui, April 11 | Genesis (300083.SZ) said on the investor interactive platform that the 3C business has always been the company's dominant field. The company's leading product drilling machine in the 3C field has basically achieved full coverage of downstream 3C core users.
Galaxy Securities: Large-scale equipment renewal policies are being implemented one after another, which is expected to boost demand in the machine tool industry
Galaxy Securities released a research report saying that the policy will guide a new round of large-scale equipment updates, and a new round of Jugra cycle is expected to begin to undertake new quality productivity. With the marginal improvement of macroeconomic indicators, the procyclical general equipment sector represented by general machine tools and tools is expected to start. It is recommended to focus on machine tool & tool bottom recovery opportunities, focus on general machine tool standards Haitian Precision (601882.SH), Neway CNC (688697.SH), Genesis (300083.SZ), five-axis linkage CNC machine standard Cod CNC (688305.SH), and Huazhong CNC (3001), which is the standard for five-axis linkage CNC machine tools
A-share changes丨Various new products were released, and Genesis rose more than 14% in the intraday period
Gronghui, April 10 | Genesis (300083.SZ) rose more than 14% during the intraday period and is now reported at 6.75 yuan, with a total market value of 11.37 billion yuan. Yesterday, at the 13th China CNC Machine Tool Exhibition, the company unveiled a variety of new five-axis products and a strategic cooperation signing ceremony, which focused on showcasing the company's R&D strength and market competitiveness. As a leading enterprise in the industry, Genesis has long been based in the middle and high-end CNC machine tool industry, and is one of the enterprises with the widest technical breadth and product breadth among domestic enterprises of the same type.
A-share flying car concept stocks rebounded rapidly, and Genesis surged 12%
Gelonghui, April 10 | Genesis surged 12%, and Jianxin Co., Ltd., Wanfeng Aowei, Shangluo Electronics, Tiancheng Automatic Control, and Prince New Materials all surged higher.
Genesis (300083.SZ): No direct layout of fields related to computing power
Gelonghui, April 3 | Genesis (300083.SZ) said on the investor interactive platform that currently the company has not directly deployed fields related to computing power. The company is based on the core business of high-end intelligent equipment, with a wide range of downstream applications in supporting advanced manufacturing and industrial automation: (1) Improving the level of automation in the Chinese manufacturing industry: through years of penetration of CNC machine tools in the fields of 3C, general and new energy manufacturing, the “3C High Speed Drilling Center” was successfully selected as the individual manufacturing champion of the Ministry of Industry and Information Technology; (2) Promoting the transformation and upgrading of the industry to high-end: According to the city
Express News | Genesis: Currently there is no direct cooperation with Shanghai Fengfei Aviation Technology Co., Ltd.
Genesis (300083.SZ): We have established partnerships with some customers in the aerospace sector
Gelonghui, April 3 | Genesis (300083.SZ) said on the investor interactive platform that the company has established cooperative relationships with some customers in the aerospace field, and currently has no direct cooperation with Shanghai Fengfei Aviation Technology Co., Ltd. China's low-altitude economy is developing rapidly. The company will continue to pay attention to the development and needs of related industries, continue to strengthen technology and product layout, and actively expand new customers based on existing cooperative customers.
Genesis (300083.SZ): The field of new energy is one of the company's important business development tracks
Gelonghui, April 3 | Genesis (300083.SZ) said on the investor interactive platform that the new energy sector is one of the company's important business development tracks. The company's products have leading competitive advantages and high customer recognition in the field of new energy vehicles. The main customers include enterprises in the industrial chain of major domestic and foreign automobile brands.
Genesis (300083.SZ): CNC machine tools can be used to process some parts of low-altitude aircraft
Gelonghui, March 27丨An investor asked Genesis (300083.SZ) on the investor interactive platform, “Does the company fly at low altitude?” The company replied that the company's CNC machine tools can be used to process some parts of low-altitude aircraft. Supplies have now been supplied to related companies. China's low-altitude economy is developing rapidly. The company will continue to pay attention to the development and demand of related industries. Subsequent companies will also continue to expand new customer groups in the field of low-altitude flight to form business expansion.
Bank of China Securities: Consumer electronics industry may face recovery and focus on the increase in equipment brought about by new technology
The Zhitong Finance App learned that Bank of China Securities released a research report saying that after experiencing a long period of decline in sales of consumer electronics products such as smartphones and PCs, inventory removal in the industrial chain is nearing its end. In the future, under the dual stimulation of “passive switching” demand and “active switching” demand stimulated by new products such as AI PCs, the consumer electronics industry boom is expected to continue to pick up, and related 3C equipment is expected to fully benefit. Furthermore, the rapid introduction of new materials, new products, and new technologies such as titanium alloys, XR devices, and folding screens has also brought new opportunities for related equipment manufacturers to develop and strengthen the industry Daichi Review grade. Bank of China Securities views are as follows
The concept of low-altitude economy bottomed out and rebounded, and surged more than 10%
Glonghui, March 26 | Genesis rose more than 10%, followed by Guangyang Co., Ltd., Rice Information, Wanfeng Aowei, Zongheng Co., Ltd., and Jilin Chemical Fiber. According to the news, on March 26, Time Technology announced the completion of Series A exclusive strategic financing of 20 million US dollars. Well-known overseas investment institutions are making exclusive strategic investments in Shiji Technology and are planning to create an “air taxi” application scenario in the Middle East region. Earlier, Xiaopeng Huitian announced on March 25 that the Central and South China Regional Administration of Civil Aviation of China accepted the model certification application for the Xiaopeng Flying Car aircraft section four days ago.
Genesis (300083.SZ): Vertical machining centers shipped more than 10,000 units in 2021
Gelonghui, March 21丨Genesis (300083.SZ) said on the investor interactive platform that the Taiqun processing center in the Yunfu production site report on the official website of Ehang Intelligence is the company's product. Taiqun is the main brand in the company's high-end intelligent equipment business. Its main products include drilling and milling processing centers, vertical machining centers, gantry machining centers, profile processing centers, etc. The product positioning is high speed, high accuracy, high efficiency and high cost performance. The drilling and milling processing center has shipped more than 90,000 units, and was successfully selected as the 2022 national manufacturing single champion product. Vertical machining centers shipped more than 1 in 2021
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