
No Stock Yet
The One-year Decline in Earnings for Suzhou Sonavox Electronics SHSE:688533) Isn't Encouraging, but Shareholders Are Still up 15% Over That Period
Suzhou Sonavox Electronics Co., Ltd. (SHSE:688533) shareholders might be concerned after seeing the share price drop 25% in the last month. While that might be a setback, it doesn't negate the nice
Guotai Junan: The passenger car market will accelerate and continue to increase the share of independent brands in the midst of intensified market competition
The Zhitong Finance App learned that Guotai Junan released a research report saying that in 2023, amid intensified market competition, the automobile industry will clear up at an accelerated pace, the share of independent brands will continue to rise dramatically, and joint venture brands that have lost their prices will relieve inventory pressure in the short term, but market share and bicycle profits in the medium term will be drastically reduced. It is expected that the recovery of the industry will be delayed, and it will be necessary to wait until the inventory clean-up process is nearing its end. In anticipation of economic recovery, the overall demand for passenger car sales in 2023 is not pessimistic. The bank believes that mid-term sales of high-quality independent brands and bicycle profits will continue to increase, and parts companies will also significantly benefit from the closed supply chain
Shangsheng Electronics (688533): The performance report is in line with expectations and continued high revenue growth
Introduction to this report: Under the new trend of automotive acoustics upgrades and domestic speaker substitution, the company accelerated its acquisition of new orders. 2H22's revenue side began to be realized. External factors improved in 2023 combined with the release of new orders, and the company continued to grow rapidly. Key investment points: Maintain the rating for increasing holdings and maintain the target price of 80.85 yuan. According to the performance report, the adjusted company's EPS for 22-24 was 0.54 (-0.1) yuan/1.47 (flat) yuan/2.10 (flat) yuan. Maintain the target price of 80.85 yuan, corresponding to 55 times PE in 2023. Annual revenue and performance are in line with expectations
Shangsheng Electronics (688533.SH)'s net profit in 2022 was 858.5801 million yuan, an increase of 41.51% over the previous year
According to the Zhitong Finance App, Shangsheng Electronics (688533.SH) issued the 2022 annual performance report announcement. The company's total operating revenue during the reporting period was 1,768 billion yuan, an increase of 35.83% over the previous year; net profit attributable to owners of the parent company was 858.551 million yuan, an increase of 41.51% over the previous year; net profit attributable to owners of the parent company after deducting non-recurring profit and loss was 63.6427 million yuan, an increase of 27.78% over the previous year; basic earnings per share were 0.54 yuan.
Shangsheng Electronics Performance Report: Net profit increased 41.51% year-on-year in 2022
Shangsheng Electronics (688533): Automotive acoustics, acoustics, and sound leaders continue to benefit
Recommended logic: (1) The company is a leading domestic automotive acoustics company. In 2021, the domestic market share of car speakers was 19.8%, ranking first, with a global market share of 12.9%. It has continued to grow for 3 consecutive years, and its competitiveness continues to increase. The steady expansion of the company's production capacity will help increase its market share, and there is plenty of room for domestic substitution. (2) Under the trend of consumption upgrades, the number of speaker bikes used continues to increase, and at the same time, the range of speakers is gradually being enriched. The share of automotive amplifiers and AVAS increased from 1% in 2017 to 8% in 2021, gradually showing a trend of product diversification. (3) Have key components
Shangsheng Electronics (688533.SH): Plans to increase the comprehensive credit limit applied for banks by 250 million yuan in 2022
Gelonhui, Feb. 20 丨 Shangsheng Electronics (688533.SH) announced that the company's current business situation is good and its financial situation is sound. In order to meet further capital needs for production, operation and business development, the company and its holding subsidiaries plan to increase the comprehensive credit line for financing from financial institutions by 250 million yuan. After the increase, the total amount will not exceed RMB 1.15 million (including RMB 1.15 million, which is ultimately determined by the actual approval of each financial institution).
Shangsheng Electronics (688533) In-depth Report: Comprehensive Smart Cockpit Upgrades Show Leading Advantages of Vehicle Acoustics
Key points of investment: The company is a supplier of automotive acoustics product solutions. The company has R&D and design capabilities for vehicle acoustics products, system solutions and related algorithms. The products mainly cover car speaker systems, car amplifiers and AVAS, which can provide customers with comprehensive product solutions. Relying on the company's comprehensive advantages in technology research and development and production bases all over the world, it has established solid cooperative relationships with well-known domestic and foreign automobile manufacturers and electroacoustic brands. The main business structure has been gradually optimized. The company's main products are car speaker systems, car amplifiers and AVAS. Vehicle sound
Shangsheng Electronics (688533.SH): Received an audit inquiry letter on the application for the issuance of convertible bonds
Glonghui, January 18, 丨 Shangsheng Electronics (688533.SH) announced that on January 18, 2023, the company received the “Review and Inquiry Letter on Application Documents for Issuance of Convertible Corporate Bonds by Suzhou Shangsheng Electronics Co., Ltd. to Unspecified Targets” (Shanghai Stock Exchange (Refinancing) [2023] No. 6) issued by the Shanghai Stock Exchange (“Shanghai Stock Exchange”). The Shanghai Stock Exchange's auditing agency reviewed the company's application documents for issuing convertible corporate bonds to unspecified targets, and formed the first round of questions. The company will respond to the information in the “Inquiry Letter” with the relevant intermediaries in accordance with the requirements of the “Inquiry Letter” mentioned above
Concept tracking | The penetration rate of new energy reached 27.6%, Tesla sold 30,000 vehicles in 3 days. Institutions are optimistic about manufacturers related to the industrial chain (with concept stocks)
The Zhitong Finance App learned that on January 10, CPC data showed that the new energy penetration rate of passenger cars reached 27.6% in 2022, an increase of 12.6 percentage points over 2021. According to some sources, after announcing price cuts, Tesla China received orders for 30,000 cars within three days. A reporter sought evidence from Tesla on this, and the company said it would not comment. Guotai Junan said that Tesla will continue to maintain high growth in 2023, and is optimistic that the Tesla industry chain can continue to expand supply categories and participate in the supply of new models and new production capacity around the world. Recommended standard double loop drive (002472.SZ), upper sound electronics (
Loading...
No Stock Yet