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China Post Securities released a research report on April 23 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) the 23-year performance improved quarterly, and 24Q1 is expected to achieve high g
China Post Securities released a research report on April 23 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) the 23-year performance improved quarterly, and 24Q1 is expected to achieve high growth; 2) high-intensity R&D investment bottomed out, and the continuous iteration of new products. (Mainichi Keizai Shimbun)
Jingchen Co., Ltd. (688099): Multiple products blossom and performance continues to grow
Description of the incident On April 11, 2024, Jingchen Co., Ltd. released the “2023 Annual Report” and the “2024 First Quarter Results Forecast”. In 2023, the company achieved revenue of 5.371 billion yuan, year-on-year -3.
Jingchen Co., Ltd. (688099): Starting a new round of growth
The incident company issued a voluntary disclosure notice for the 2023 annual report and the results forecast for the first quarter of '24. For the full year of 2023, the company achieved operating income of 5.371 billion yuan, a year-on-year decrease of 3.14%; achieved net profit attributable to mother4
Southwest Securities released a research report on April 21 stating that it maintains the purchase rating of Jingchen Shares (688099.SH), and the target price is 68.00 yuan. The main reasons for the rating include: 1) gross margin improved significantly i
Southwest Securities released a research report on April 21 stating that it maintains the purchase rating of Jingchen Shares (688099.SH), and the target price is 68.00 yuan. The main reasons for the rating include: 1) gross margin improved significantly in the fourth quarter, and profits are expected to increase in the first quarter; 2) smart set-top boxes are expected to rise steadily, and AI will empower large-screen TVs; 3) new products will gradually be commercialized, and revenue will increase further in Q2 and throughout the year. (Mainichi Keizai Shimbun)
Jingchen Co., Ltd. (688099): Q1 performance achieved a high increase in a number of successful new product releases
Incident: The company released the 2023 report and forecast for the first quarter of 2024. In 2023, the company achieved revenue of 5.37 billion yuan, a year-on-year decrease of 3.1%, and realized net profit of 500 million yuan, a year-on-year decrease of 31.5%. Furthermore, the company expects
Debon Securities released a research report on April 17 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) steady improvement in revenue, gradually breaking away from the downward cycle; 2) inve
Debon Securities released a research report on April 17 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) steady improvement in revenue, gradually breaking away from the downward cycle; 2) investing heavily in countercyclical R&D to expand the product matrix; 3) continuously deepening the market and accumulating high-quality customer resources. (Mainichi Keizai Shimbun)
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