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XCMG Construction Machinery's (SZSE:000425) Profits May Not Reveal Underlying Issues
CSI index: the CSI Industry Competitive Advantage Index will be officially launched on November 7, 2024.
The CSI Industrial Competitive Advantage Index selects 50 large-scale, profitable, and competitively strong listed company securities as index samples to reflect the overall performance of listed company securities with strong industrial competitive advantages.
xcmg construction machinery (000425.SZ): The localization rate of the Brazilian factory is about 50%
Gelonghui November 4th | xcmg construction machinery (000425.SZ) held a performance presentation on November 1, 2024, regarding the "localization rate of the Brazilian factory and whether it has obtained relevant certifications?" The company indicated that the localization rate of the Brazilian factory is approximately 50%, and has obtained local certifications including FINAME. With the continuous introduction of product lines in recent years, including earthmoving machinery, road machinery, and lifting equipment, the localization rates for different products vary.
xcmg construction machinery (000425.SZ): The future key development regions include Latin America, the Asian market, while continuing to focus on the high-end markets in Europe, America, and Australia.
Gelonghui November 4th | XCMG Construction Machinery (000425.SZ) held a performance briefing on November 1, 2024, regarding 'the latest global strategy and key development areas overseas.' The company stated that its global strategy overseas follows the core guiding ideology of 'global headquarters management, regional main operations, and product portfolio construction,' and formulates tailored development strategies for each major region. The key development areas in the future include Latin America, the Asian market, while continuing to focus on the high-end markets in Europe, America, and Australia.
xcmg construction machinery (000425.SZ): The sales revenue of electric loaders in the overseas market in the first three quarters of 2024 is approximately 0.2 billion yuan, nearly twice the year-on-year growth.
Gelunhui November 4th, XCMG Construction Machinery (000425.SZ) held a performance briefing on November 1, 2024, regarding the 'expansion of overseas markets for electric loaders?' The company stated that the sales of electric loaders in overseas markets in the first three quarters of 2024 were approximately 0.2 billion yuan, nearly doubling year-on-year. The main sales regions include Southeast Asia, Latin America, Europe, America, and Australia high-end markets. In the future, there will be continued efforts to increase the overseas export of electrified products and expand core markets. Customers' acceptance of electrified products is increasing. Although the one-time sales price is higher than rbob gasoline products, the overall lifecycle cost is more advantageous for customers.
XCMG Construction Machinery Co., Ltd. Just Recorded A 260% EPS Beat: Here's What Analysts Are Forecasting Next
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