No Data
No Data
Earnings Beat: Shengyi Technology Co.,Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Shengyi Technology Co.,Ltd. (SHSE:600183) investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues bea
The PCB sector fluctuated higher. Shanghai Electric Power Co., Ltd. rose more than 3% to a record high, Shengyi Technology rose nearly 5% to a 1-year high, and Eton Electronics, Jingwang Electronics, and Shennan Circuit collectively rose.
The PCB sector fluctuated higher. Shanghai Electric Power Co., Ltd. rose more than 3% to a record high, Shengyi Technology rose nearly 5% to a 1-year high, and Eton Electronics, Jingwang Electronics, and Shennan Circuit collectively rose.
China Merchants Securities: PCB manufacturers increasing raw material inventory preparations are expected to drive the CCL industry into an upward channel of price increases
The Zhitong Finance App learned that China Merchants Securities released a research report saying that since the beginning of the year, downstream demand has continued to pick up, PCB operating rates have generally improved, while upstream main material prices have continued to rise. Some manufacturers in the CCL industry have already raised prices for the first time in March-April. Recently, upstream copper prices have risen sharply, and copper foil processing fees are also on the rise. Electronic glass fiber cloth manufacturers have restoratively raised product prices, and midstream copper clad plate (CCL) manufacturers have also begun issuing downstream price increase notices to ease cost pressure. Currently, downstream demand is picking up and the upward trend in upstream commodity prices remains unchanged. PCB manufacturers are expected to increase raw material inventory preparations, all of which are expected to drive CCL
Shengyi Technology (600183) Company Information Update Report: Product structure optimization boosts performance CCL is expected to start an upward cycle
2024Q1's performance improved significantly from month to month, and the industry's upward cycle is expected to begin, maintaining the “buy” rating of 2024Q1 and achieving revenue of 4.423 billion yuan in a single quarter, +17.77% year over year, and +4.36% month on month; return to mother
Shengyi Technology (600183): Product structure improvements helped 1Q performance exceed expectations
The company's 1Q24 performance exceeded expectations, and Shengyi Technology announced 1Q24 results: achieved revenue of 4.42 billion yuan (yoy: +18%) and net profit of 390 million yuan (yoy: +58%), mainly due to copper-clad board & PCB
Shengyi Technology (600183): The industry gradually recovered, and profits increased sharply year-on-year in the first quarter
Incident: On April 27, the company disclosed its 2024 quarterly report. Revenue for the first quarter of 2024 was 4.423 billion yuan, up 17.77% year on year, and net profit to mother was 392 million yuan, up 58.25% year on year
No Data