603699 Neway Valve
- 20.30
- -0.03-0.15%
Neway Valve News
Neway Co., Ltd. (603699): Rapid performance growth exceeds expectations, high-end marketing+acceleration of overseas expansion
The core view benefits from high downstream prosperity, increasing recognition from overseas customers, and the high-end product structure of the company. The company's ability to take orders continues to be reflected, the revenue side has achieved rapid growth, profit margin has increased significantly, and cost control has been effective
Neway Co., Ltd. (603699): Q1 performance compared to the same period, +100% downstream growth can be expected
Event: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of 5.544 billion yuan, an increase of 36.59% over the previous year, and net profit to mother of 722 million yuan, an increase of 54.85%; 202
Neway Co., Ltd. (603699): Q1 net profit to mother +100% YoY, profitability continued to increase
Incident Overview Neway Co., Ltd. released its 2023 Annual Report and 2024 Quarterly Report on April 12 and 25, 2024 respectively. The company achieved net profit of 722 million yuan in 2023, +54.8 million year-on-year
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Shares Could Be 29% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, Neway Valve (Suzhou) fair value estimate is CN¥26.36 Neway Valve (Suzhou) is estimated to be 29% undervalued based on current share price of
Neway Co., Ltd. (603699): Performance exceeded expectations, profitability improved significantly
Guide to this report: The company has been deeply involved in the valve industry for 20 years. It has a wide business layout, downstream dispersion, and strong cyclical resistance. In the context of domestic substitution, the traditional downstream boom is improving, and new businesses such as superposition of new energy and nuclear power are expanding rapidly, and the company's performance is expected to grow rapidly.
Express News | Neway shares: Net profit from mother for the first quarter was 197 million yuan, an increase of 100.45% year-on-year
Neway Co., Ltd. (603699): The performance is in the median forecast, and the value is optimistic about the development prospects of high-end valve leaders & expansion products
Event: The company publishes its annual report for the year 2010. In 2023, the company achieved net profit of 720 million yuan, an increase of 55% over the previous year. It is in the middle of the performance forecast, which is in line with market expectations. Key investment results are in the median forecast, profit growth rate
Dongwu Securities released a research report on April 15 stating that it gave Neway shares (603699.SH) a purchase rating. The main reasons for the rating include: 1) the performance is in the middle of the forecast, and the profit growth rate is stronger
Dongwu Securities released a research report on April 15 stating that it gave Neway shares (603699.SH) a purchase rating. The main reasons for the rating include: 1) the performance is in the middle of the forecast, and the profit growth rate is stronger than revenue; 2) overseas gross margin has increased significantly, and cost control capabilities have improved slightly; 3) the high-end Tuopin logic is sustainable, and equity incentives motivate the team. (Mainichi Keizai Shimbun)
Earnings Beat: Neway Valve (Suzhou) Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) just released its annual report and things are looking bullish. Neway Valve (Suzhou) beat earnings, with revenues hitting CN¥5.5b, ahead of expectatio
Neway Co., Ltd. (603699): Overseas business profitability improved, annual performance increased
Both revenue and net profit to mother increased significantly in '23. The company released its 2023 annual report and achieved revenue of 5.544 billion yuan in 23, an increase of 36.6% over the previous year; net profit to mother was 722 million yuan, an increase of 54.9% over the previous year
Neway Co., Ltd. (603699): Strong downstream boom continues to break through new industrial valve products
Guide to this report: The company has been deeply involved in the valve industry for 20 years. It has a wide business layout, downstream dispersion, and strong cyclical resistance. In the context of domestic substitution, the traditional downstream boom is improving, and new businesses such as superposition of new energy and nuclear power are expanding rapidly, and the company's performance is expected to grow rapidly.
Neway Co., Ltd. (603699): Net profit to mother +55%, high-end products continue to break through
Net profit not attributable to mother in '23 was +67.8% year-on-year. Maintaining the “increase in holdings” rating, the company achieved total revenue of 5.544 billion yuan, +36.6% year over year; net profit attributable to mother was 722 million yuan, +54.9% YoY
Express News | Neway shares: net profit increased 54.85% year-on-year in 2023, and plans to pay 10 to 5.2 yuan
Neway Valve (Suzhou) (SHSE:603699) Shareholders Have Earned a 35% Return Over the Last Year
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors can boost returns by picking market-beating companies to own shares in. To wit, th
Neway Valve (Suzhou) (SHSE:603699) Knows How To Allocate Capital Effectively
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and sec
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) shareholders would be excited to see that the share price has had a great month, posting a 27% gain and recovering from prior weakness. Looking back a b
Is Neway Valve (Suzhou) (SHSE:603699) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Are Strong Financial Prospects The Force That Is Driving The Momentum In Neway Valve (Suzhou) Co., Ltd.'s SHSE:603699) Stock?
Most readers would already be aware that Neway Valve (Suzhou)'s (SHSE:603699) stock increased significantly by 17% over the past week. Given the company's impressive performance, we decided to study
Neway Co., Ltd. (603699): Performance is in line with expectations, orders are expected to maintain rapid growth
Guide to this report: The company has been deeply involved in the valve industry for 20 years. It has a wide business layout, downstream dispersion, and strong cyclical resistance. In the context of domestic substitution, the traditional downstream boom is improving, and new businesses such as superposition of new energy and nuclear power are expanding rapidly, and the company's performance is expected to grow rapidly.
Neway Co., Ltd. (603699.SH) posted an advance increase. The net profit for 2023 is expected to be about 660 million yuan to 770 million yuan, an increase of about 42% to 65% over the previous year
According to the Zhitong Finance App, Neway Co., Ltd. (603699.SH) announced that in 2023, the company expects to achieve net profit attributable to shareholders of listed companies of about 660 million yuan to 770 million yuan, an increase of about 193.88 million yuan to 303.88 million yuan over the same period last year, an increase of about 42% to 65% over the same period last year.
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