300316 Zhejiang Jingsheng Mechanical & Electrical
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Zhejiang Jingsheng Mechanical & Electrical News
Jingsheng Electromechanical (300316): Steady performance in line with expectations, full of orders in hand
Core view: Steady performance was in line with expectations, and gross margin increased month-on-month. The company released its 2024 quarterly report. In 24Q1, it achieved revenue of 4.510 billion yuan, +25.28% year-on-year, and net profit of 1.07 billion yuan to mother
Jingsheng Electromechanical (300316): Continued high performance, increased materials+equipment, two-wheel drive
Key investment results continued to grow steadily: in Q1 2024, the company achieved operating income of 4.51 billion yuan, +25% year over year; net profit to mother of 1.07 billion yuan, +21% year over year; net profit after deducting non-return to mother of 1.10 billion yuan
Jingsheng Electromechanical (300316): 1Q24 performance is basically in line with expectations, profitability performance is impressive
The 1Q24 results are basically in line with our expectations. The company announced 1Q24 results: revenue of 4.510 billion yuan, +25.28% year over year; net profit to mother of 1,070 billion yuan, +20.65% year on year; net profit after deduction 11.
Express News | Jingsheng Electromechanical: Net profit from mother in the first quarter was 1,067 billion yuan, up 20.65% year on year
Annual Report Direct | Spin-off “Cash Cows” Meijing New Materials, Jingsheng Electromechanical sells another 900 million dividends
The performance was high, and “Profit Cows” contributed greatly.
Jingsheng Electromechanical (300316) 2023 Annual Report Review: The diversified layout of collaborative development of equipment+materials is gradually evolving and can be expected to continue to grow
The incident described that in 2023, the company achieved revenue of 17.983 billion yuan, +69.04% year-on-year, and net profit to mother of 4.558 billion yuan, +55.85% year-on-year. Of these, 2023Q4 achieved revenue of 4.521 billion
Jingsheng Electromechanical (300316) 2023 Report Review: Continued High Performance, Increased Materials+Equipment Platform-based Layout
The materials business performed well. In Q4, inventory impairment losses affected profits: In 2023, the company achieved operating income of 17.98 billion yuan, +69% over the same period last year, of which revenue from equipment and services was 12.81 billion yuan, +51% over the same period last year
Dongwu Securities released a research report on April 15 stating that it gave Jingsheng Electromechanical (300316.SZ) a purchase rating. The main reasons for the rating include: 1) excellent performance in the materials business, with inventory impairment
Dongwu Securities released a research report on April 15 stating that it gave Jingsheng Electromechanical (300316.SZ) a purchase rating. The main reasons for the rating include: 1) excellent performance in the materials business, with inventory impairment losses affecting profits; 2) profitability remains stable, with the annual net interest rate of crucible about 49%; 3) high increase in inventory & contract liabilities and abundant on-hand orders; 4) PV equipment: achieving full coverage of silicon wafers, batteries, and component equipment; 5) Jingsheng semiconductor equipment positions large silicon wafers, advanced packaging, advanced manufacturing processes, silicon carbide; 6) materials: layout silicon carbide substrates & quartz crucibles & diamond wires. (Mainichi Keizai Shimbun)
Research Report Nuggets丨CICC: Jingsheng Electromechanical's annual performance is in line with expectations, maintaining the “outperforming industry” rating
Gelonghui, April 15 | According to CICC's research report, Jingsheng Electromechanical (300316.SH)'s net profit for 23 years was 4.558 billion yuan, +55.9% year-on-year (+50%-70% compared to the forecast), and the high increase in annual performance was in line with expectations. The company has plenty of orders for equipment on hand, and high-quality crucibles are still scarce. Judging that the price of crucibles is expected to remain at ~35,000 yuan/piece (tax included) in 2024, supporting high profitability; at the same time, the company continues to release production capacity for carbon/tungsten diamond wire and silicon carbide substrates (especially 8 inches). The company continues to expand from photovoltaics to the semiconductor industry chain, card position
Jingsheng Electromechanical (300316.SZ): The fifth-generation monocrystalline furnace launched by the company introduces superconducting magnetic field technology applied on a large scale in the semiconductor field to the photovoltaic field
Gelonghui, April 15, 丨 Jingsheng Electromechanical (300316.SZ) said on the investor interactive platform that the company launched the fifth-generation monocrystalline furnace, introduced large-scale superconducting magnetic field technology into the photovoltaic field, completely opened the process window for low-oxygen N-crystal growth, achieved stable growth of less than 5 ppm of ultra-low oxygen monocrystals, completely eliminated concentric circles and increased the lifespan of fewer children, and broadened the effective resistivity range, making it possible for N-type battery efficiency to once again approach the theoretical limit. At the same time, the fifth-generation single crystal furnace provides customers with a single crystal on the basis of the original intelligent whole plant Changjing centralized control system and AI data analysis system
Jingsheng Electromechanical (300316): High annual performance growth, optimistic that the pan-semiconductor layout will accelerate implementation
The 2023 results are in line with expectations. The company announced the 2023 results: revenue of 17.983 billion yuan, +69.0% year on year; net profit to mother of 4.558 billion yuan, +55.9% year on year (forecast +50% -70 compared to year)
Zhejiang Jingsheng Mechanical's 2023 Profit Rises 56%
Zhejiang Jingsheng Mechanical's (SHE:300316) attributable profit rose 56% to 4.56 billion yuan in 2023 from 2.92 billion yuan in 2022, according to a Monday filing with the Shenzhen bourse. Earnings p
Jingsheng Electromechanical (300316): Rapid annual performance growth, in-depth development of equipment and materials
Core view In 2023, the company achieved net profit of 4.558 billion yuan, a year-on-year increase of 55.85%, and is within the previous performance forecast range. The company's equipment+materials are being developed in depth, and the platform-based layout performance is expected to continue to grow steadily. equips
Jingsheng Electromechanical (300316): High performance growth is expected to accelerate semiconductor and silicon carbide business in 2024
Investment Highlights 2023 Annual Report: Net profit to grow 56%; expect semiconductor and silicon carbide businesses to accelerate in 2024 1) 2023 performance: The company's revenue was 18 billion yuan, up 69% year on year; net profit to the mother 45
Jingsheng Electromechanical (300316): Highly profitable, the equipment+materials business is progressing smoothly
Revenue/net profit increased in 2023, and the equipment and materials business progressed smoothly. In 2023, the company achieved revenue of 17.983 billion yuan (yoy +69.04%) and net profit of 4.558 billion yuan (yoy+55.8 billion yuan)
Jingsheng Electromechanical (300316.SZ): Net profit for 2023 increased by 55.85% to 4.558 billion yuan, and plans to pay 10 to 7 yuan
Gelonghui, April 12, 丨 Jingsheng Electromechanical (300316.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 17.983 billion yuan, an increase of 69.04%; net profit attributable to shareholders of listed companies was 4.558 billion yuan, up 55.85% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 4.375 billion yuan, an increase of 59.60% year on year; basic earnings per share of 3.49 yuan; it plans to distribute a cash dividend of 7 yuan (tax included) to all shareholders for every 10 shares.
Jingsheng Electromechanical (300316.SZ): At present, the quality of the company's silicon carbide substrates has reached the industry's leading level, and mass production and sales have been achieved
Gelonghui, April 9丨An investor asked Jingsheng Electromechanical (300316.SZ) on the investor interactive platform, “Is your company's silicon carbide production equipment and silicon carbide production used in Xiaomi cars?” The company replied that silicon carbide, as a typical representative of third-generation semiconductor materials, has superior physical characteristics such as high bandgap width, high electrical conductivity, and high thermal conductivity, and has irreplaceable advantages in applications in new energy vehicles, new energy power generation, rail transit, aerospace, military industry, etc. As a manufacturer of silicon carbide substrates, the company supplies silicon carbide substrates to companies related to the new energy industry chain. eye
Express News | Jingsheng Electromechanical released a variety of new semiconductor products
Express News | Middle East Capital frequently surveys A-share companies
Jingsheng Electromechanical (300316.SZ): Main products do not include charging pile chips
Gelonghui, March 7 | An investor asked Jingsheng Electromechanical (300316.SZ) on the investor interactive platform, “After observing the current queuing of NEVs for charging, how much of the charging pile chip market does the company produce account for how much of the sales growth last year?” The company replied that the company's main products do not include charging pile chips for the time being. As a manufacturer of silicon carbide substrates, the company supplies silicon carbide substrates to companies related to the new energy industry chain. At present, the quality of the company's silicon carbide substrates has reached the leading level in the industry, and mass production and sales have been achieved.
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