Jifeng Co., Ltd. (603997): Steady improvement of operations, development of seats, BMW enters the world

Revenue continued to rise year-on-year. Deepening global management integration is expected to usher in an inflection point in performance. The company released its 23-year annual report and 24Q1 quarterly report, with 23-year revenue of 21,571 billion yuan (yoy +20.06%), and a net profit of 2.04 billion yuan (yoy +20.06%)

華泰證券May 7 10:31

Jifeng Co., Ltd. (603997): Accelerated passenger car and chair business for the first time in a high-end overseas project

Incident: On April 29, Jifeng Co., Ltd. released its 2024 quarterly report. The company achieved operating income of 5.29 billion yuan in the first quarter, an increase of 3.5% over the previous year; realized net profit of 119 million yuan, a year-on-year decrease of 68.2%; in fact

國聯證券May 7 00:00

Comments on the 2023 Annual Report and 2024 Quarterly Report of Jifeng Co., Ltd. (603997): 2023Q4 and 2024Q1 results are in line with expectations, and long-term growth of the seat business can be expected

Key investment events: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 21.571 billion yuan, an increase of 20.06% over the previous year; achieved net profit of 204 million yuan to mother.

東吳證券May 5 00:00

Jifeng Co., Ltd. (603997): Significant improvement in gross margin, opening up space for globalization of seat assemblies

Incident: The company released its annual report for the year 23 and the quarterly report for '24. It achieved revenue of 21.57 billion yuan, +20.1% year over year, and achieved net profit of 200 million yuan to mother, +114.4% year over year; achieved in 1Q24

招商證券May 5 00:00

Jifeng Auto Parts' German Unit to Supply Auto Seats to BMW

Jifeng Auto Parts' (SHA:603997) German subsidiary, Grammer Jifeng Automotive Seating, will supply 12 billion yuan worth of auto seats to German automaker BMW, according to a Monday filing with the Sha

MT NewswiresMay 2 12:33

Jifeng Co., Ltd. (603997) 2024 Quarterly Report Review: Short-term pressure on first-quarter results to obtain German BMW passenger car seat designation

Event: On April 29, 2024, Jifeng Co., Ltd. released its 2024 quarterly report: the company achieved operating income of 5.287 billion yuan in Q1 of 2024, +3.45% year-on-year; achieved zero net profit attributable to the parent company

國海證券May 2 00:00