Is Jiangsu Hengli HydraulicLtd (SHSE:601100) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor

Simply Wall StMay 20 20:59

Guolian Securities: Demand for equipment renewal in the domestic market and the continued volume of export business are optimistic about the prospects of the construction machinery industry

In 2023, the revenue of the construction machinery industry increased slightly by 1%, and net profit to mother increased by about 11% year on year. The large gap between revenue and profit growth may be due to the increase in overseas revenue of various enterprises and the increase in revenue from high-margin electrification products.

Zhitong FinanceMay 16 01:54

Dongwu Securities: Domestic sales of excavators all achieved positive growth in March-April, and the industry is expected to usher in a new renewal cycle in the second half of the year

The Zhitong Finance App learned that Dongwu Securities released a research report saying that the upward cycle of construction machinery in the last round is 2016-2020. According to the 8-year service life, the last round of sales equipment is already in a large-scale life span replacement period. 2023 is the low life span replacement point. Starting in 2024, the number of updates will begin to rise year by year, and the industry beta will rise marginally. Domestic sales of excavators achieved positive growth in March-April, and improved during the peak season, exceeding market expectations. With the increase in demand for updates and the decline in the base figure in the second half of the year, the industry is expected to usher in a new round of renewal cycles. A series of policies such as large-scale equipment updates will boost the industry's recovery and usher in the “large-scale equipment update+ industry

Zhitong FinanceMay 15 01:10

CICC: Optimistic that forklifts will continue to expand overseas share and focus on the recovery in domestic demand for large trucks

Lithium electrification has led to a marked increase in the competitiveness of Chinese companies overseas, and it is expected that the increase in the share of OEMs in Europe and the US will continue.

Zhitong FinanceMay 13 22:40

Hengli Hydraulic (601100): Steady growth in performance and continuous promotion of linear drive projects

2023 revenue increased 9.61% year over year, and net profit to mother increased 6.66% year over year. The company achieved revenue of 8.985 billion yuan in 2023, an increase of 9.61% year on year; net profit to mother was 2,499 billion yuan, a year-on-year increase

國信證券May 12 11:00

Strong inflow of foreign capital is another trend vane: Middle Eastern tycoons increase their presence in China, and multinational sovereign wealth funds continue to lay out A-shares

① The Abu Dhabi Investment Authority and the Kuwait Investment Authority held a large number of A-share listed companies in the first quarter; ② the Middle East Sovereign Fund also stepped up research on A-shares ③ Other overseas sovereign wealth funds are increasing their layout in the Chinese market.

cls.cnMay 12 04:17