Yutong Heavy Industries (600817) Annual Report Review: Weak market demand and asset impairment measures drag down performance, highlighting the competitiveness of new energy products

Incident: The company released its 2023 annual report: the company achieved operating income of 2,907 million yuan, a year-on-year decrease of 18.92%; realized net profit attributable to shareholders of listed companies of 218 million yuan, a year-on-year decrease of 43.36%; achieved

中原證券Apr 18 07:46

Yutong Heavy IndustriesLtd's (SHSE:600817) Weak Earnings May Only Reveal A Part Of The Whole Picture

Despite Yutong Heavy Industries Co.,Ltd.'s (SHSE:600817) recent earnings report having lackluster headline numbers, the market responded positively. While shareholders may be willing to overlook soft

Simply Wall StApr 8 14:03

Dongwu Securities released a research report on April 7 stating that it gave Yutong Heavy Industries (600817.SH) a purchase rating. The main reasons for the rating include: 1) the decline in revenue from sanitation equipment & construction machinery, comp

Dongwu Securities released a research report on April 7 stating that it gave Yutong Heavy Industries (600817.SH) a purchase rating. The main reasons for the rating include: 1) the decline in revenue from sanitation equipment & construction machinery, compounded by impairment of accounts receivable, putting pressure on performance; 2) significant improvement in net operating cash flow in 2023, with a dividend ratio of up to 92%; 3) competition in the new energy sector intensified, expecting the company's market share to rise; 4) the annual amount of 700 million yuan of active projects at the end of 2023 to strictly control risk and optimize the project structure; 5) the economy of pure electric mining vehicles is outstanding, and the company maintains the competitive advantage of the number one brand in the industry. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 7 23:07

Yutong Heavy Industries (600817) 2023 Report Review: Decline in Equipment Sales, Impairment, Performance Under Pressure, Net Operating Cash Flow Corrected

Incident: In 2023, the company achieved operating income of 2,907 billion yuan, a decrease of 18.92%; net profit to mother was 218 million yuan, a decrease of 43.36%, after deducting non-return net profit of 141 million yuan, a decrease of 51.47%

東吳證券Apr 7 00:00

Yutong Heavy Industries (600817) 2023 Report Review: Credit impairment affects performance and dividend rate exceeds expectations by 93%

Matters: The company achieved revenue of 2,907 billion yuan in 2023, a year-on-year decrease of 18.92%; net profit to mother was 218 million yuan, a year-on-year decrease of 43.36%; after deducting non-net profit of 141 million yuan, a year-on-year decrease of 51 million yuan.

華創證券Apr 6 00:00

Yutong Heavy Industries Co.,Ltd.'s (SHSE:600817) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Most readers would already be aware that Yutong Heavy IndustriesLtd's (SHSE:600817) stock increased significantly by 11% over the past week. As most would know, fundamentals are what usually guide m

Simply Wall StApr 4 06:37