300274 Sungrow Power Supply
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Sungrow Power Supply News
Green Energy Expo 2024: Sungrow Unveils Its Innovative Solar-Plus-Storage Solutions to Facilitate South Korea's Energy Transition
Sunshine Power (300274): The optical storage business accelerates the volume and has significant advantages in global brands and channels
Key investment points The optical storage business accelerated. Net profit from 2024Q1 increased 39.05% year on year in 2023, and the company achieved total operating income of 72.251 billion yuan, an increase of 79.47% year on year; net profit to mother 94.
Sunshine Power (300274): Excellent profitability, hard to hide
The incident described that Sunshine Power released an annual report and a quarterly report. In 2023, the company achieved revenue of 72.251 billion yuan, an increase of 79.47% over the previous year; net profit to the mother was 9.44 billion yuan, an increase of 162.69% over the previous year; of these, 202
Beishui raised more than HK$500 million from the Bank of China and sold Meituan for nearly HK$800 million; Nanshui bought CMB for nearly 700 million yuan
On April 25 (Thursday), Southwest Capital made net purchases of Hong Kong stocks of HK$1.88 billion today. The Hong Kong Stock Exchange and Tencent Holdings received net purchases of HK$407 million and HK$222 million respectively.
Guojin Securities: Silicon prices are speeding up to catch up with overseas demand and maintaining a high boom
Guojin Securities released a research report saying that after silicon prices have rapidly bottomed out recently, it is expected that the release of terminal wait-and-see demand and the weakening price game in the industrial chain will jointly drive an increase in component-side production schedules in May and beyond.
Deep*Company*Sunshine Power (300274): Profitability continues to grow rapidly, 24Q1 performance is impressive
The company released its 2023 annual report and 2024 quarterly report. The performance increased 163%/39% year-on-year respectively. The company's performance continued to improve, and its profitability was impressive; it maintained an increase in holdings rating. Key points supporting the ratings 2023/202
Bank of China Securities released a research report on April 25 stating that it gave Sunshine Power (300274.SZ) an increase rating. The main reasons for the rating include: 1) the inverter sector has increased in volume; 2) the profitability of energy sto
Bank of China Securities released a research report on April 25 stating that it gave Sunshine Power (300274.SZ) an increase rating. The main reasons for the rating include: 1) the inverter sector has increased in volume; 2) the profitability of energy storage systems has increased significantly; 3) the new energy development business has ushered in restoration; 4) with leading advantages and a global layout, the company continued to grow rapidly in 2024Q1. (Mainichi Keizai Shimbun)
Sunshine Power Source (300274): Stable position as a leading optical storage leader, wind, solar, hydrogen storage, and electricity collaborative development
Core view: The company released its 23 annual report and 24Q1 quarterly report. In '23, the company achieved revenue/net profit attributable to mother/ net profit excluding net profit of $722.51/94.40/9.216 billion yuan, +79.47% over the same period last year
Sunshine Power (300274) Review: Improving Company Profits and Steady Business Development
Investment highlights: Event: The company released its 2023 annual report and 2024 quarterly report on April 22, 2024, and achieved revenue of 72.251 billion yuan in 2023, +79.47% year-on-year; net return to mother
Sunshine Power (300274): Profitability continues to improve, optical storage faucets develop rapidly
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of 72.25 billion yuan, +79% year over year; realized net profit of 9.44 billion yuan, +163% year over year; realized deduction
Revenue increased by nearly 80% last year, and revenue in the first quarter increased 0.3% year on year. Did Sunshine Power “stall”?
There was no increase in revenue or profit in the first quarter, and net profit to mother increased 39.1% year over year to 2,096 billion yuan.
The trend in the photovoltaic sector is divided, and the market capitalization weight performance is sluggish. Tongwei shares jumped nearly 5%, while Longji Green Energy, Sunshine Power, and Jingao Technology all fell by more than 1%.
The trend in the photovoltaic sector is divided, and the market capitalization weight performance is sluggish. Tongwei shares jumped nearly 5%, while Longji Green Energy, Sunshine Power, and Jingao Technology all fell by more than 1%.
Dongguan Securities released a research report on April 24 stating that it gave Sunshine Power (300274.SZ) a purchase rating. The main reasons for the rating include: 1) the company's performance continued to grow, and profitability improved year-on-year;
Dongguan Securities released a research report on April 24 stating that it gave Sunshine Power (300274.SZ) a purchase rating. The main reasons for the rating include: 1) the company's performance continued to grow, and profitability improved year-on-year; 2) shipments of power and electronic conversion equipment such as photovoltaic inverters increased dramatically; 3) the energy storage business maintained rapid growth, made efforts to lay out new hydrogen energy technologies, and continued to deepen overseas business. (Mainichi Keizai Shimbun)
Beishui added nearly HK$400 million each to Tencent and the Hong Kong Stock Exchange, selling Meituan for nearly HK$500 million; Nanshui bought Zijin Mining for nearly HK$500 million
On April 23 (Tuesday), Nanxia Capital made a net purchase of HK$2.34 billion in Hong Kong stocks today, and the Bank of China received a net purchase of HK$696 million.
Research Report Nuggets丨CICC: Sunshine Power's Q1 performance slightly exceeded expectations, maintaining a “outperforming the industry” rating
Gelonghui, April 23 | CICC's research report indicates that the 2023 results of Sunshine Power (300274.SZ) are in line with forecasts and market expectations, and the 1Q24 results slightly exceeded our expectations. This is mainly due to the large increase in gross margin and net profit margin compared to the same period last month, and the high increase in profits. Maintain the outperforming industry rating and target price of 115 yuan unchanged. The company continues to promote cost reduction and efficiency, and the advantages of scale are strengthened. The company accelerated its transformation to distributed, the annual installed capacity of household photovoltaics increased by 200%, and the business gradually improved. 1Q24's inverter shipments increased 37% year over year, and the decline in energy storage and development business revenue over the same period was mainly due to seasonal factors
Sungrow's 2023 Profit Nearly Triples; Shares Jump 4%
Sungrow's (SHE:300274) attributable profit rose 163% to 9.44 billion yuan, or 6.36 yuan per share, in 2023 from 3.59 billion yuan, or 2.42 yuan per share, in 2022, according to a Tuesday filing with t
Sunshine Power (300274): Optical storage continues to perform strongly, 1Q24 performance slightly exceeds expectations
The 2023 results are in line with forecasts and market expectations. The 1Q24 results slightly exceeded our expectations. The company announced the 2023 and 1Q24 results: 2023 revenue of $72.255 billion, an increase of 79.47% over the previous year;
A-share changes丨Sunshine Power rose more than 5% last year's net revenue and profit reached a record high of 1.4 billion red envelopes
Gelonghui, April 23 | Sunshine Power (300274.SZ) jumped high and rose more than 5%. The stock price is expected to return to the 100 yuan mark, with a total market value of 147.2 billion yuan. The company's revenue reached 70 billion yuan last year, with net profit exceeding 9 billion yuan, a record high. The plan is to distribute cash dividends of approximately RMB 1,417 million. We learned from industry insiders that under the impetus of the overall price decline in the photovoltaic and energy storage industry chain, increasing the landscape distribution and storage coefficient in many places is expected to further increase the scale of distribution and storage, which will drive the company's shipments to increase. Furthermore, in the first quarter of this year, revenue showed a month-on-month decline. Analysts suggest that it may be related to a slowdown in the growth rate of PV installed capacity.
Express News | Sunshine Power opened 4.22% higher, and the company's net profit in 2023 was 9.44 billion yuan, an increase of 162.7% over the previous year. It plans to convert 10 to 4 to 9.65 yuan.
Express News | Minsheng Securities: Focus on the three main investment lines of hydrogen energy
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