688066 Piesat Information Technology
- 23.73
- -1.01-4.08%
Piesat Information Technology News
Express News | Science and Technology Innovation Board Review: The Science and Technology Innovation 50 Index closed down 1.01%, and aerospace concept stocks surged
Commercial aerospace concept stocks rallied in the afternoon. Chaojie shares rose and stopped 20CM, Shanghai Shanghai Industrial and Nanjing Panda, Tianyin Mechatronics rose more than 10%, and Aerospace Hongtu, Mengsheng Electronics, Aerospace Huanyu, Gua
Commercial aerospace concept stocks rallied in the afternoon. Chaojie shares rose and stopped 20CM, Shanghai Shanghai Industrial and Nanjing Panda, Tianyin Mechatronics rose more than 10%, and Aerospace Hongtu, Mengsheng Electronics, Aerospace Huanyu, Guanglian Airlines, and Aerospace Wei rose more than 5%.
Aerospace Hongtu (688066): Short-term revenue is pressured by annual revenue growth or correction
24Q1 revenue continues to be under pressure. The growth rate is expected to pick up throughout the year, and Aerospace Hongtu released a quarterly report. Q1 in 2024 achieved revenue of 221 million yuan (yoy -19.49%, qoq -4.68%), which went back to the mother's net profit-
Aerospace Hongtu (688066): Multiple factors influence performance levels; strengthening satellite and drone business development
Incident: The company recently released its 2023 annual report, achieving full year revenue of 1.82 billion yuan, YoY -26.0%; net profit to mother of 370 million yuan, compared to 260 million yuan in the same period last year. The company's 2023 results are at
Aerospace Hongtu (688066): 1Q24 performance under pressure data resources entered the table for the first time
The company's 1Q24 performance fell short of market expectations. The company announced 1Q24 results: operating income of 221 million yuan, -19.49% year-on-year, -4.68% month-on-month; loss of 151 million yuan; loss of 152 million yuan after deduction
Express News | Aerospace Hongtu: First quarter revenue of 221 million yuan, a year-on-year decrease of 19.49%
Aerospace Hongtu: Cancelling the first “Hongtu Bond-to-Debt” 2024 bondholders' meeting
Aerospace Hongtu Information Technology Co., Ltd. announced that after communicating with various parties, including some “Hongtu Bonds Transfer” bondholders, the company decided to cancel the first “Hongtu Bonds Transfer” bondholders' meeting in 2024 as proposed by the company's board of directors.
Hongtu Bonds Transfer: The first 2024 bondholders' meeting is scheduled to be held on May 8
Aerospace Hongtu Information Technology Co., Ltd. announced that the board of directors of the company plans to hold the “Hongtu Bonds Transfer” 2024 First Bondholders' Meeting on May 8, 2024 to review and vote on the “Proposal on Not Requiring the Company to Settle Debts Early and Provide Guarantees”.
Guoyuan Securities released a research report on April 22 stating that it gave Aerospace Hongtu (688066.SH) a purchase rating. The main reasons for the rating include: 1) the progress of some projects has been delayed, and revenue and profits have decline
Guoyuan Securities released a research report on April 22 stating that it gave Aerospace Hongtu (688066.SH) a purchase rating. The main reasons for the rating include: 1) the progress of some projects has been delayed, and revenue and profits have declined; 2) accelerating cloud transformation and large-scale model development to explore the field of AI+ remote sensing; 3) continuing to cultivate overseas markets, and orders are expected to increase rapidly. (Mainichi Keizai Shimbun)
The China Securities Convertible Index opened and fell 0.05% on Friday. Yubang Convertible Bonds, Huati Convertible Bonds, and Zhongqi Convertible Bonds fell 2.40%, 2.25%, and 2.12% respectively; Hongtu Convertible Bonds rose 2.75%, and Zhengtan Convertib
The China Securities Convertible Index opened and fell 0.05% on Friday. Yubang Convertible Bonds, Huati Convertible Bonds, and Zhongqi Convertible Bonds fell 2.40%, 2.25%, and 2.12% respectively; Hongtu Convertible Bonds rose 2.75%, and Zhengtan Convertible Bonds rose 2.50%.
Aerospace Hongtu (688066.SH): The repurchase has been completed and the actual repurchase of 0.42% of the shares has been repurchased
Gelonghui, April 18, 丨 Aerospace Hongtu (688066.SH) announced that as of April 18, 2024, the repurchase amount had reached the minimum limit. The company had completed the repurchase. The actual repurchase of 1,101,068 shares, accounting for 0.42% of the company's total share capital. The highest price of the repurchase transaction was 58.50 yuan/share, the lowest price was 42.98 yuan/share, and the total transaction amount was RMB 51,989,082.94 (excluding transaction fees).
Open Source Securities: Low-altitude economy and industry are facing a period of rapid development, infrastructure construction is the primary prerequisite
Infrastructure construction is the primary prerequisite for developing a low-altitude economy.
Aerospace Hongtu (688066) 2023 Report Review: Short-term Pressure Data Elements Are Advancing Rapidly
Incident: Aerospace Hongtu released its 2023 annual report. In 2023, it achieved revenue of 1,819 billion yuan, down 25.98% year on year; net profit to mother - 374 million yuan, down 241.51% year on year, slightly lower than the market
SDIC Securities released a research report on April 15 stating that it gave Aerospace Hongtu (688066.SH) a purchase rating, and the target price was 27.2 yuan. The main reasons for the rating include: 1) Revenue fluctuates due to external factors, and the
SDIC Securities released a research report on April 15 stating that it gave Aerospace Hongtu (688066.SH) a purchase rating, and the target price was 27.2 yuan. The main reasons for the rating include: 1) Revenue fluctuates due to external factors, and the growth trend is expected to resume in 24 years; 2) winning the bid for 100 million orders from South America, and overseas business is expected to accelerate development. (Mainichi Keizai Shimbun)
Piesat Information Technology Co., Ltd. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
It's been a mediocre week for Piesat Information Technology Co., Ltd. (SHSE:688066) shareholders, with the stock dropping 11% to CN¥22.20 in the week since its latest annual results. It was a pr
Aerospace Hongtu (688066): Revenue is under pressure in the short term and is expected to resume growth in 24 years
Event Overview: On April 12, Aerospace Hongtu released the “2023 Annual Report”. In 2023, the company achieved total revenue of 1,819 billion yuan, a year-on-year decrease of -25.98%; net profit to mother was -3.74
Aerospace Hongtu (688066): Performance is temporarily under pressure and is expected to be gradually repaired by improving quality and efficiency
Investment Highlights The company published its 2023 annual report, with revenue of 1,819 million yuan for the full year of '23 (-25.98% year over year), net profit attributable to mother of 374 million yuan (from profit to loss), net profit not attributable to mother of $454 million (from
Open Source Securities released a research report on April 13 stating that it gave Aerospace Hongtu (688066.SH) a purchase rating. The main reasons for the rating include: 1) performance is under pressure in the short term and is expected to improve in 20
Open Source Securities released a research report on April 13 stating that it gave Aerospace Hongtu (688066.SH) a purchase rating. The main reasons for the rating include: 1) performance is under pressure in the short term and is expected to improve in 2024; 2) the overseas strategic layout is gradually improving, which is expected to usher in a harvest period. (Mainichi Keizai Shimbun)
Aerospace Hongtu executives called “large losses in 2023" drone business may grow significantly this year|Direct hit on performance
① In 2023, Aerospace Hongtu's revenue was 1,818 billion yuan, down 25.98% year on year; net profit loss to mother was 374 million yuan, down 241.51% year on year; loss after deducting non-net profit was 438 million yuan, down 304.41% year on year. ② Liao Tongkui, general manager of Aerospace Hongtu, said, “Compared with the same period last year, orders for the first quarter of this year were the same. This year, there was a big increase in both water conservancy and 'air and sea'.”
Aerospace Hongtu (688066): “Data factors×” may drive a gradual recovery in revenue
Optimistic about “data factors×” to drive the company's revenue growth to gradually recover, Aerospace Hongtu released an annual report. In 2023, it achieved revenue of 1,819 billion yuan (yoy -25.98%) and net profit of 374 million yuan (yoy-24)
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