688697 Neway Cnc Equipment (Suzhou) Co., Ltd
- 19.04
- +0.29+1.55%
Neway Cnc Equipment (Suzhou) Co., Ltd News
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Shareholders May Want To Dig Deeper Than Statutory Profit
Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) robust recent earnings didn't do much to move the stock. We think this is due to investors looking beyond the statutory profits and being concer
Neway CNC (688697): Q1 performance is in line with expectations, the third and fourth phases of production expansion are progressing smoothly
Core view: 24Q1 revenue was in line with expectations, and impairment losses dragged down profit levels. According to the company's report for the first quarter of 2024, the company achieved operating income of 549 million yuan, an increase of 3.96% over the previous year; achieved zero net profit to mother
Dongwu Securities released a research report on April 26 stating that it gave Neway CNC (688697.SH) an increase in its holdings rating. The main reasons for the rating include: 1) continued growth in performance, which slowed slightly due to the base; 2)
Dongwu Securities released a research report on April 26 stating that it gave Neway CNC (688697.SH) an increase in its holdings rating. The main reasons for the rating include: 1) continued growth in performance, which slowed slightly due to the base; 2) gross sales margin remained stable, and net sales margin declined slightly; 3) continued increase in R&D to enhance product competitiveness, and free up space for growth. (Mainichi Keizai Shimbun)
Neway CNC (688697): 2023 overseas performance +112.99% High-end CNC equipment continues to be put into production
Incidents. The company released its 2023 annual report on March 26. In 2023, the company achieved a total operating income of 2,321 billion yuan, +25.76% year on year; realized net profit of 318 million yuan to mother, +21 million yuan year on year
Neway CNC (688697.SH) announced first-quarter results, net profit of 69.5514 million yuan, a year-on-year decrease of 3.03%
Neway CNC (688697.SH) disclosed its report for the first quarter of 2024. The company achieved operating income during the reporting period...
Neway CNC (688697): There was little change in performance in the first quarter, waiting for the boom to pick up
Brief performance review On April 25, 2024, the company released its quarterly report for the year 24. 1Q24 achieved operating income of 549 million yuan, an increase of 3.96% over the previous year, and realized net profit of 70 million yuan to mother, a decrease of 3.03% over the previous year. Business Analyst
Neway CNC (688697): Profitability under pressure
24Q1 company revenue of 549 million yuan/yoy +3.96%, net profit to mother of 70 million yuan/yoy -3.03% Neway CNC released a quarterly report, and 2024Q1 achieved revenue of 549 million yuan (y
These 4 Measures Indicate That Neway CNC Equipment (Suzhou) (SHSE:688697) Is Using Debt Safely
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know wor
Zhongyuan Securities released a research report on April 16 stating that it gave Neway CNC (688697.SH) a purchase rating. The main reasons for the rating include: 1) rapid overseas growth driving the company's revenue growth against the trend; 2) the comp
Zhongyuan Securities released a research report on April 16 stating that it gave Neway CNC (688697.SH) a purchase rating. The main reasons for the rating include: 1) rapid overseas growth driving the company's revenue growth against the trend; 2) the company's gross profit margin and net interest rate declined slightly due to market conditions; 3) the machine tool industry cycle bottomed out and ushered in recovery, and the company fully benefited as a leading CNC machine tool; 4) upgrading equipment in the industrial field to catalyze industry needs; 5) focusing on the core technology of CNC machine tools to continuously improve core competitiveness in recent years. (Mainichi Keizai Shimbun)
Neway CNC (688697): Overseas revenue is growing rapidly, the machine tool industry is recovering, and the company is ready to go
Investment highlights: Neway CNC (688697.SH) released the 2023 full-year performance report. The company achieved operating income of 2,321 billion yuan, an increase of 25.76% over the previous year, and achieved net profit of 318 million yuan to mother, compared with the same period last year
Galaxy Securities: Large-scale equipment renewal policies are being implemented one after another, which is expected to boost demand in the machine tool industry
Galaxy Securities released a research report saying that the policy will guide a new round of large-scale equipment updates, and a new round of Jugra cycle is expected to begin to undertake new quality productivity. With the marginal improvement of macroeconomic indicators, the procyclical general equipment sector represented by general machine tools and tools is expected to start. It is recommended to focus on machine tool & tool bottom recovery opportunities, focus on general machine tool standards Haitian Precision (601882.SH), Neway CNC (688697.SH), Genesis (300083.SZ), five-axis linkage CNC machine standard Cod CNC (688305.SH), and Huazhong CNC (3001), which is the standard for five-axis linkage CNC machine tools
Neway CNC (688697): Annual results exceeded expectations, overseas markets performed well
Performance exceeded expectations. Overseas market performance was outstanding. The company's revenue for the full year of 2023 was 2,321 billion yuan, up 25.8% year on year, and net profit to mother was 318 million yuan, up 21.1% year on year, of which Q4 revenue was 5.82 million yuan
Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) Just Reported And Analysts Have Been Cutting Their Estimates
Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) missed earnings with its latest yearly results, disappointing overly-optimistic forecasters. Neway CNC Equipment (Suzhou) missed analyst forec
Neway CNC (688697): Revenue growth is impressive, overseas contributions are major increases
Core idea: The company publishes its 2023 annual report. The company achieved operating income of 2,321 billion yuan in 23, an increase of 25.76% over the previous year, and net profit to mother of 318 million yuan, an increase of 21.13% over the previous year, after deducting net profit not attributable to mother
Neway CNC (688697): Performance is in line with expectations, overseas growth is impressive
Key investment points: Investment suggestions: Considering the slow recovery in domestic sales, reduce 24-25 EPS to 1.16/1.39 yuan (previous value 1.20/1.41 yuan), and add 26-year EPS to 1.75 yuan
Neway CNC (688697): Performance has maintained steady growth, and overseas markets have performed well
Investment event: The company discloses its 2023 annual report. In 2023, the company achieved operating income of 2,321 billion yuan, a year-on-year increase of 25.76%; realized net profit of 318 million yuan to mother, an increase of 21.13% over the previous year; in fact
Neway CNC (688697): Steady growth in performance, doubling overseas revenue
2023 performance: revenue of 2,321 billion yuan, +25.76% year over year; net profit to mother of 318 million yuan, +21.13% year over year; net profit without return to mother of 276 million yuan, +24.57% year over year. 23
Neway CNC (688697): Outstanding revenue performance during the downturn of the industry
Achieved revenue of 2,321 billion yuan/yoy +25.76% in '23, net profit to mother of 318 million yuan/yoy +21.13%, Neway CNC released an annual report, and achieved revenue of 2,321 billion yuan in 2023 (
Neway CNC (688697): Steady growth in performance, remarkable results in overseas market development
Incident: The company released its 2023 annual report, achieving revenue of 2,321 billion yuan in 23, an increase of 25.76% over the previous year; realized net profit of 318 million yuan, an increase of 21.13% over the previous year; realized net profit deducted from non-mother 2
Cinda Securities: Continued focus on new quality productivity and policy-driven main lines
The Zhitong Finance App learned that Cinda Securities released a research report saying that the State Council issued the “Action Plan to Promote Large-scale Equipment Renewal and Consumer Goods Trade-In”, focusing on promoting new industrialization, with energy saving and carbon reduction, ultra-low emissions, safe production, digital transformation, and intelligent upgrading as important directions, focusing on key industries such as steel, non-ferrous, petrochemicals, chemicals, building materials, electricity, machinery, aviation, ships, textiles, electronics, etc., to vigorously promote the renewal and technological transformation of production equipment, energy use equipment, power transmission and distribution equipment, etc. In terms of individual stocks, the bank suggests focusing on: 1) The machine tool industry has opportunities for upgrading: it is recommended to focus on Neway CNC (6
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