688409 Shenyang Fortune Precision Equipment
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Shenyang Fortune Precision Equipment News
Fuchuang Precision (688409): 24Q1 single quarter revenue reached a record high, and established an inflection point for annual revenue and profit
Fuchuang Precision released its 24Q1 quarterly report. 24Q1 revenue was 700 million yuan, +105.5% YoY +3.8%, and single-quarter revenue reached a record high; after deducting non-net profit of 54 million yuan, +1385% /month-on-month +1
Fuchuang Precision (688409): High revenue and profit increase in 1Q24, downstream demand drives large-scale volume
1Q24 saw a high increase in revenue and profit. Downstream demand led large-scale sales of Fortune Precision to achieve full year revenue of 2,066 billion yuan (+33.75% yoy) and net profit of 169 million yuan (-31.28% y) for the whole year of 2023
Fuchuang Precision (688409): Profitability is under short-term pressure, and the trend of localization of semiconductor equipment components continues
Event: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved total revenue of 2.07 billion yuan, a year-on-year increase of 33.8%, and net profit to mother of 170 million yuan, a year-on-year decrease of 31.3%.
Fuchuang Precision (688409): Short-term pressure on 2023 performance 2024Q1 scale effect shows significant performance improvement - Semiconductor Equipment Series Report
Core view The rapid release of the company's modular products in 2023 led to a sharp increase in the company's revenue share, which led to a steady increase in the company's revenue. The pace of production of machinery and equipment invested by the company was mismatched with the industry's prosperity. The scale effect was not yet reflected, due to product structure adjustments
Fuchuang Precision (688409): 1Q24 performance exceeded expectations, the recovery trend of downstream equipment manufacturers is clear
The 2023 results are in line with the performance report, the 1Q24 results surpassed the market, and we expect Fortune Precision to release the 2023 annual report: 2023 full year revenue of 2,066 billion yuan, YoY +33.75%, return to mother
Fuchuang Precision (688409) review: 1Q24 revenue +105% year-on-year recovery of semiconductor parts boom
Announcement: Fuchuang's 24Q1 revenue was 701 million yuan, up 105.47% year on year; gross profit margin was 25.39%, up 4.07 pcts month on month; net profit to mother was 64.4296 million yuan, up 53 year on year
Fuchuang Precision (688409.SH) reported first-quarter results, net profit of 604.296 million yuan, an increase of 53.42% over the previous year
According to Zhitong Finance App News, Fuchuang Precision (688409.SH) released its report for the first quarter of 2024, with revenue of 701 million yuan, an increase of 105.47% over the previous year. Net profit attributable to shareholders of listed companies was RMB 604.296 million, an increase of 53.42% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 54.273 million yuan, an increase of 1,384.83% over the previous year. Basic earnings per share were $0.29.
Fuchuang Precision (688409.SH) announced its 2023 annual results, with net profit of 169 million yuan, a year-on-year decrease of 31.28%
Fuchuang Precision (688409.SH) disclosed its 2023 annual report, and the company achieved revenue of 20 in 2023...
Should Weakness in Shenyang Fortune Precision Equipment Co., Ltd.'s (SHSE:688409) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
It is hard to get excited after looking at Shenyang Fortune Precision Equipment's (SHSE:688409) recent performance, when its stock has declined 14% over the past month. However, stock prices are usu
Here's Why Shenyang Fortune Precision Equipment (SHSE:688409) Can Manage Its Debt Responsibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it might be obvious that you need to consider debt, whe
Fuchuang Precision (688409.SH) awarded 1.446,000 restricted shares to incentive recipients at a price of 38 yuan/share
Fuchuang Precision (688409.SH) announced that the second term of directors of the company will be held on March 26, 2024...
The A-share lithography machine sector fluctuated and boosted
Gelonghui, March 22 | Fuchuang Precision, Huaya Intelligence, Chipboard Microelectronics, Xinlai Yingcai, and MeiAir Technology all rose by more than 3%, while Lan Ying equipment and others followed suit.
The A-share lithography machine sector continues to decline
Gelonghui March 14 | Xuguang Electronics, Fuchuang Precision, and Tengjing Technology fell more than 3%, while Zhangjiang Hi-Tech, United Optoelectronics, Juguang Technology, and Sudavig followed suit.
Fortune Precision (688409) Depth: In 2024, the equipment parts industry is expected to accelerate equity incentive profit targets, showing that net interest rates have bottomed out and rebounded
The company's revenue in 2023 grew steadily year on year, domestic demand continued to rise, and overseas revenue was under pressure; net interest rate for the full year of 2023 fell sharply year on year, mainly due to large-scale production line effects not yet fully reflected, product structure changes, and cost calculation comparisons
Fuchuang Precision (688409): Incentive plans set higher profit assessment targets, and the trend of company size expansion will not change
Incident: Futura Precision Announces 2024 Restricted Stock Incentive Plan (Draft): Number and Price of Shares to be Granted: The number of restricted shares to be awarded is 1.65 million shares, accounting for about 0.79% of the total share capital at the time of publication of the announcement
Investors Appear Satisfied With Shenyang Fortune Precision Equipment Co., Ltd.'s (SHSE:688409) Prospects As Shares Rocket 34%
Shenyang Fortune Precision Equipment Co., Ltd. (SHSE:688409) shareholders are no doubt pleased to see that the share price has bounced 34% in the last month, although it is still struggling to make up
Fortune Precision (688409.SH): Proposed 1.65 million restricted stock incentive plan
Gelonghui, March 6 | Fortune Precision (688409.SH) announced the 2024 restricted stock incentive plan. The number of restricted shares to be awarded is 1.65 million shares, accounting for approximately 0.7893% of the company's total share capital of 20,90533.34 million shares when the draft incentive plan was announced. The award price was 38.00 yuan/share, and a total of 47 incentive recipients were awarded for the first time.
Fuchuang Precision (688409.SH) has repurchased a total of 1.37% of its shares at a cost of 208 million yuan
Zhitong Finance App News, Fortune Precision (688409.SH) announced that as of February 29, 2024, the company had repurchased a total of 2,8561 million shares through the Shanghai Stock Exchange trading system, accounting for 1.37% of the company's total share capital of 209,053,334 shares. The highest price of the repurchase transaction was 86.00 yuan/share, the lowest price was 42.99 yuan/share, and the total amount of capital paid was RMB 208 million (excluding transaction fees such as stamp duty and transaction fees).
Shenyang Fortune Precision Equipment Co., Ltd. (SHSE:688409) Surges 4.0%; Private Companies Who Own 41% Shares Profited Along With Institutions
Key Insights Significant control over Shenyang Fortune Precision Equipment by private companies implies that the general public has more power to influence management and governance-related decisions
Fortune Precision (688409): Revenue is in line with expectations, profit side is under pressure in the short term
Event: On February 26, Fortune Precision released its 2023 performance report. In 2023, the company achieved revenue of 2.07 billion yuan, a year-on-year increase of 34%; achieved net profit of 160 million yuan, a year-on-year decrease of 36%; achieved return to mother
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