603197 Shanghai Baolong Automotive Corporation
- 40.98
- -0.57-1.37%
Shanghai Baolong Automotive Corporation News
Baolong Technology (603197): The company's revenue continues to grow steadily, and the volume of emerging businesses accelerates
Event: On April 27, 2024, Baolong Technology released the 2023 Annual Report and the 2024 First Quarter Report. In 2023, the company achieved revenue of 5.897 billion yuan, an increase of 23.44% over the previous year;
Baolong Technology (603197) 2023 Report & 2024 Quarterly Report Review: New business growth momentum is strong, and the overall trend is upward
Investment Highlights Announcement Highlights: The company released its 2023 annual report and 2024 quarterly report. The 2023 annual report results were basically in line with the performance forecast, and the 2024 quarterly report was lower than expected due to equity incentive costs. 2023
Baolong Technology (603197): Steady growth in Q1 business, accelerated acquisition of idle points
Event: On April 27, Baolong Technology (603197.SH) released the 2023 Annual Report. Achieved revenue of 5.897 billion yuan for the full year of 2023, +23.44% year-on-year; net profit to mother of 379 million yuan
Baolong Technology (603197): Performance recovery is significant, and the idle business continues to grow at a high rate
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved revenue of 5.897 billion yuan, +23.44% year over year; net profit to mother was 379 million yuan, +76.92% year over year; of these
Baolong Technology (603197): Q1 revenue grew steadily and suspended business development accelerated
In '23, the company's net profit to mother increased 77% year-on-year, Baolong Technology released an annual report. In 2023, it achieved revenue of 5.897 billion yuan (yoy +23.44%) and net profit to mother of 379 million yuan (yoy +76.92%)
Baolong Technology (603197): The air suspension maintains a high growth rate sensor as a new growth curve
Event: The company released its annual report for 20223 and the first quarter report for 2024. For the full year of 2023, the company achieved operating income of 5.897 billion yuan, +23.44% year-on-year, and realized net profit of 379 million yuan to mother, same as
Baolong Technology (603197): New projects continue to expand equity incentive costs and dilute shareholder returns
4Q23 and 1Q24 results are in line with market expectations. The company announced 2023 and 1Q24 results: 2023 revenue of $5.897 billion, +23% year over year; net profit to mother of $379 million, +7 year over year
Baolong Technology (603197): 24Q1 fee calculation affects profits, new products enter the harvest period
Core view: Revenue +23.4% YoY in '23, Net Profit to Mother +76.9% YoY. According to financial reports, the company's revenue for 23 years was 5.90 billion yuan, +23.4% year-on-year, and realized net profit before and after deduction of 3.
Minsheng Securities released a research report on April 27 stating that Baolong Technology (603197.SH) was given a recommended rating. The main reasons for the rating include: 1) 2023Q4 performance is pressured and 2024Q1 is in line with expectations; 2)
Minsheng Securities released a research report on April 27 stating that Baolong Technology (603197.SH) was given a recommended rating. The main reasons for the rating include: 1) 2023Q4 performance is pressured and 2024Q1 is in line with expectations; 2) domestic replacement accelerator springs continue to gain new targets; 3) traditional business growth sensors and ADAS set sail. (Mainichi Keizai Shimbun)
Baolong Technology (603197): mature business share increases, air suspension business maintains high growth
Matters: The company disclosed the 2023 annual report and the 2024 quarterly report. The full year of 2023 achieved revenue of 5.90 billion yuan (+23.4% YoY), net profit of 290 million (+251.9% YoY), 1Q2
Baolong Technology (603197) Series Review 3: Performance Meets Expectations and Accelerates Fixed-Point Acceleration
Event Overview: The company disclosed the 2023 Annual Report and the 2024 First Quarter Report. The 2023 revenue was 5.90 billion yuan, +23.4% YoY; net profit to mother was 380 million yuan, +76.9% YoY deducted;
Baolong Technology (603197): Short-term, slightly pressured by costs, clear long-term growth logic
Incident: The company released its 2023 annual report and 2024 quarterly report, and achieved revenue of 5.897 billion yuan in 23, +23.44% year-on-year; realized net profit of 379 million yuan, +76.92% year-on-year. 24
Baolong Technology (603197.SH): Net profit of 68.07 million yuan in the first quarter decreased 27.16% year on year
Gelonghui, April 26丨Baolong Technology (603197.SH) released its first quarter report. Operating revenue was 1.48 billion yuan, up 24.94% year on year, net profit of 68.077 million yuan, down 27.16% year on year. After deducting non-net profit of 65.45 million yuan, down 7.81% year on year, with basic earnings per share of 0.32 yuan.
Baolong Technology (603197): Growing business, contributing to incremental revenue, steady growth in performance
Incident 1: On April 26, 2024, the company released its 2023 annual report. The report shows that in 2023, the company achieved revenue of 5.897 billion yuan, an increase of 23.44% over the previous year, and net profit of 379 million yuan to mother.
Baolong Technology (603197.SH): Has professional and mature supply chain management experience, smoothly passing through several commodity ups and downs
Gelonghui, April 18 | Baolong Technology (603197.SH) said on the investor interactive platform that the main raw materials involved in the company are: copper, aluminum, stainless steel, rubber, etc. The company has professional and mature supply chain management experience, smoothly passes through several commodity ups and downs, and can effectively control the impact of price fluctuations. The company has already agreed on product price adjustment terms when signing contracts with major customers. When raw material prices fluctuate greatly, product prices can be adjusted by negotiation to ensure the company's reasonable profit level.
Baolong Technology (603197.SH): The CDC shock absorber is currently in the B-model development stage
Gelonghui, April 18 | Baolong Technology (603197.SH) said on the investor interactive platform that the company's CDC shock absorbers are currently in the B-model development stage, and the company is in close communication with several customers to promote the acquisition of CDC shock absorbers.
Baolong Technology (603197.SH): Road surface forecasting products have been targeted for 4 platform projects by three car companies
Gelonghui, April 8 | Baolong Technology (603197.SH) said on the investor interactive platform that in terms of air suspension system products, the company has been designated for several global OEM gas storage tank projects, some of which are overseas models; 4D millimeter wave radar has not yet obtained project targets; and road surface forecasting products have been targeted for 4 platform projects by three car companies.
Baolong Technology (603197.SH): Currently, the company is full of orders
Gelonghui, April 8 | Baolong Technology (603197.SH) said on the investor interactive platform that the company is currently full of orders. Production schedules for mature businesses such as TPMS, automotive metal fittings, and valves have all increased steadily compared to the same period last year, and production schedules for new businesses such as air suspensions, sensors, and ADAS have increased significantly compared to the same period last year. Since this year, the company's air suspension, sensor, and ADAS businesses have been targeted for many important projects. While striving to obtain more targets for new projects, the company will supplement key resources, expand production capacity, strengthen the management of key projects, and ensure the smooth mass production of key projects.
A-share changes丨Baolong Technology rose 4% to obtain a fixed notice for the 850 million yuan air suspension system product project
Gelonghui, April 1 | Baolong Technology (603197.SH) is now up 3.99% to 47.38 yuan, with a temporary turnover of 170 million yuan, and the latest market value is 10 billion yuan. Baolong Technology announced on the evening of Friday (March 29). Recently, it received a “Designated Notice” from a leading domestic independent brand OEM to select the company as a component supplier for the front and rear air springs of air suspension systems for various projects on its new platform. According to the customer plan, the total life cycle of the platform project exceeds RMB 850 million.
Baolong Automotive Secures Order to Produce 850 Million Yuan Worth of Equipment
Shanghai Baolong Automotive (SHA:603197) received an order worth an estimated 850 million yuan to produce equipment for an undisclosed original equipment manufacturer, the company said in its disclosu
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