Bethel (603596): Steady year-on-year revenue growth, further breakthroughs in overseas business
24Q1 net profit to mother +21.85% YoY, Bethel released a quarterly report. Q1 2024 achieved revenue of 1,860 billion yuan (yoy +24.04%, qoq -21.47%), net profit of 2.10
Bethel (603596): Rapid expansion of new business to achieve new breakthroughs for overseas customers
Investment Highlights Announcement Highlights: The company announced its 2024 quarterly report, and the performance was basically in line with expectations. 2024Q1 achieved revenue of 1.86 billion yuan, +24%/-21% year-on-month; realized net profit of 210 million yuan to mother.
Bethel (603596): Good performance in 24Q1, overseas customers continue to break through
Core view: The company performed well in Q1 in '24. According to financial reports, the company achieved operating income of 1.86 billion yuan in 24Q1, +24.0%/-21.5% year-on-month, and realized net profit of 210 million yuan to mother.
Bethel (603596): Steady growth in performance, plenty of new targeted projects
Incident: The company released its 2024 quarterly report. Revenue for the first quarter of 2024 was 1,860 million yuan, up 24.04% year on year; net profit to mother was 210 million yuan, up 21.85% year on year; not after deduction
Bethel (603596): 2024Q1 performance is in line with expectations, progress in going overseas is accelerating
Incident: On April 29, Bethel released its 2024 quarterly report. 24Q1 revenue of 1.86 billion yuan, +24.05% year over year; net profit to mother of 210 million yuan, +21.85% year over year; net profit without return to mother
Bethel (603596.SH) announced first-quarter results, net profit of 210 million yuan increased by 21.85% year-on-year
Bethel (603596.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 18...
Bethel Automotive Safety Systems Establishes Singaporean Subsidiary
Bethel Automotive Safety Systems (SHA:603596) completed the establishment of its subsidiary in Singapore after receiving the registration certificate for the business, according to the company's discl
Bethel (603596.SH) establishes wholly-owned subsidiary in Singapore
Glonghui, April 22丨Bethel (603596.SH) announced that the company established a wholly-owned subsidiary “WBTL SINGAPORE PTE.LTD. (WBTL SINGAPORE PTE.LTD.)” in Singapore With a registered capital of SGD 100,000, the company has recently obtained the “Overseas Investment Certificate for Enterprises” and the “Notice of Filing of Overseas Investment Projects”, and has recently completed the relevant registration in Singapore.
Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) Screens Well But There Might Be A Catch
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) as an attractive investment wit
Bethel (603596) Annual Report In-depth Disassembly Series (1): How to view Bethel's subsequent profitability
Key investment points: Bethel is expected to grow into a wire-controlled chassis system supplier in the future, and is optimistic about medium- to long-term growth capacity. The current market is worried about Bethel's future profit growth. This report determines subsequent revenue growth by splitting the number of projects separately, and through sub-
Guolian Securities released a research report on April 11 stating that Bethel (603596.SH) was given a purchase rating and the target price was 81.9 yuan. The main reasons for the rating include: 1) Bethel is expected to grow into a wire-controlled chassis
Guolian Securities released a research report on April 11 stating that Bethel (603596.SH) was given a purchase rating and the target price was 81.9 yuan. The main reasons for the rating include: 1) Bethel is expected to grow into a wire-controlled chassis system supplier in the future, which is optimistic about medium- to long-term growth; 2) the company's revenue growth in terms of the number of product projects; 3) the increase in the company's profitability from the perspective of subsidiary business and performance; 4) the reduction in the company's expenses rate and operating costs in terms of scale effects. (Mainichi Keizai Shimbun)
Bethel (603596.SH): Chery Technology actually did not reduce its holdings in 2023
GLONGHUI, April 9 | Bethel (603596.SH) said on the investor interactive platform that Chery Technology actually did not reduce its holdings in 2023.
Pacific released a research report on April 9 stating that it gave Bethel (603596.SH) a purchase rating. The main reasons for the rating include: 1) rapid sales growth to improve the company's performance; 2) comprehensive customer expansion, with 319 new
Pacific released a research report on April 9 stating that it gave Bethel (603596.SH) a purchase rating. The main reasons for the rating include: 1) rapid sales growth to improve the company's performance; 2) comprehensive customer expansion, with 319 new fixed items, and sufficient orders in hand; 3) keeping abreast of the development trend of lightweight and new energy sources, and accelerating the expansion of production capacity. (Mainichi Keizai Shimbun)
Performance growth targets are lowered year by year Bethel: Q1 operations meet expectations, mass production of multiple projects is imminent | Direct performance
① In the 2024 budget plan, Bethel lowered this year's revenue and net profit growth targets by more than 10 percentage points; ② Bethel expects the company's 2024 EPB sales growth target to be 30%, and the WCBS 2.0 project is expected to achieve mass production in the second half of this year; ③ The company expects the average annual capacity utilization rate of the Mexican plant to reach 60% this year.
Tesla will launch the driverless taxi smart driving industry or welcome a new round of opportunities
① Musk posted on social media platform X that Tesla plans to launch driverless taxis (robotaxis) on August 8. ② According to the Minsheng Securities Research Report, intelligent driving is gradually entering a triple inflection point in technology, user acceptance, and business models, and is optimistic about high-quality autonomous vehicle companies with relatively leading intelligent layouts and improved product cycles and brand cycles.
Bethel Automotive Safety Systems' (SHSE:603596) Earnings Might Be Weaker Than You Think
Shareholders didn't seem to be thrilled with Bethel Automotive Safety Systems Co., Ltd's (SHSE:603596) recent earnings report, despite healthy profit numbers. We think that they might be concerned ab
Bethel (603596): Overseas business expansion and gradual establishment of global chassis supply capacity open up new growth space
Core view: The company has performed well in 23 years. According to financial reports, the company achieved operating income of 7.474 billion yuan in 23, +34.9% year-on-year, and net profit before and after deducting pre- and post-return net profit of 891/855 million yuan, respectively, compared to the previous year
Bethel (603596): Revenue increased 35% year-on-year in 2023, technology promotion consolidates long-term competitiveness
In 2023, revenue increased 35% year over year, and sales volume of smart electronic control products increased 49% year over year. In 2023, it achieved revenue of 7.474 billion yuan, +35% year on year; net profit to mother was 891 million yuan, +28% year over year; the company
Bethel (603596): Intelligent electronic control accelerates product upgrades and is expected to continue to deliver results
Event: The company released its 2023 annual report. Achieved annual revenue of 7.474 billion yuan, a year-on-year increase of 34.9%, net profit of 891 million yuan, an increase of 27.6% over the previous year, and 855 million yuan after deduction, a year-on-year increase of 855 million yuan.
Bethel (603596): Product Structure Optimization Drives Profit Growth Accelerates Global Expansion
Description of the incident Bethel released its 2023 annual report: the company achieved revenue of 7.47 billion yuan, an increase of 34.9% over the previous year. Net profit attributable to mother was 890 million yuan, up 27.6% year over year. Incident reviews benefit from high downstream customer boom
No Data