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Sinoma International (600970): Significant increase in new overseas signings, continuous optimization of the order structure
The incident described Sinoma International released 2024Q1 order data, achieving a total order value of 21.22 billion, a year-on-year decrease of 2%. Among them, engineering, equipment, operation and maintenance were -12%, +2%, and +43% year-on-year, respectively, with domestic and overseas year-on-year ratios
Sinoma International (600970): There is still a way to take off overseas, and the trifecta is particularly promising
Key investment points The world's largest cement system service provider. China Building Materials Group's international “pioneer” company is the world's largest cement technology and equipment engineering system integration service provider. The main cement technology equipment and engineering industry has had a share of the global market for 16 consecutive years
Earnings Working Against Sinoma International Engineering Co.,Ltd's (SHSE:600970) Share Price
Sinoma International Engineering Co.,Ltd's (SHSE:600970) price-to-earnings (or "P/E") ratio of 11.3x might make it look like a strong buy right now compared to the market in China, where around half o
Sinoma International (600970) business data review for the first quarter of 2024: Under a high base, there was a slight year-on-year decline in operation and maintenance, and a high increase in new contracts signed overseas
Event: The company announced operating data for the first quarter of 2024. In 24Q1, the company signed a new contract of 212 billion yuan, -2% year on year; unfinished contract amount was 55.4 billion yuan, -6.6% year over year. New contracts signed for engineering technology services under a high base
Sinoma International's Newly Signed Contract Value Slides 2% in Q1
Sinoma International Engineering's (SHA:600970) total value of newly signed contracts slid 2% year over year to 21.22 billion yuan in the first quarter, according to a Thursday filing with the Shangha
Sinoma International (600970): Overseas orders continue to increase, and the operation and maintenance business has performed well
Overseas orders continued to be booming, and the operation and maintenance business performed well. The company announced new orders of 21.2 billion yuan in the first quarter, down 2% year on year, mainly due to the high base for the same period last year (last year Q1 new orders surged 103% year over year, accounting for new orders for the whole year
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