000651 Gree Electric Appliances,Inc.of Zhuhai
- 40.29
- -0.01-0.02%
Gree Electric Appliances,Inc.of Zhuhai News
Gree Electric Appliances, Inc. of Zhuhai's (SZSE:000651) Top Owners Are Retail Investors With 53% Stake, While 18% Is Held by Institutions
Northbound investors sold over 0.9 billion Hong Kong dollars of China Mobile, while southbound investors increased their holdings in home appliance stocks against the trend.
Track the latest trends of north-south directional funds.
Haitong Securities: Further implementing the policy of replacing old with new and supporting funds shared by the central and local governments.
The policy of replacing old with new has been further implemented, supporting funds to be shared between the central and local governments in a 9:1 ratio. The subsidy and support from the central government is significant, which is beneficial for activating the demand for updating existing stock and optimizing the product structure, and is bullish for industry leaders.
BOCOM International: Under the support of policies, the update cycle of home appliances is coming. It is recommended to pay attention to leading white goods companies such as Haier Smarthome.
Bocom International has released a research report stating that the National Development and Reform Commission issued a policy on July 25th to allocate approximately RMB 300 billion to support large-scale equipment upgrades and the policy of old-for-new for consumer goods. Bocom International believes that the home appliance renewal cycle is approaching, so there are still a large number of home appliance products with demand for replacement and upgrading that have not yet been released in the market. The bank recommends paying attention to the three major domestic white goods leaders such as Midea Group, Haier Smart Home (06690), Gree Electric Appliances, Inc. of Zhuhai, and Hangzhou Robam Appliances. The report states that the support intensity of this round of home appliance support policy is stronger than that of the first round policy introduced in 2009. The design of the first-round policy only included five categories of home appliances.
There's No Escaping Gree Electric Appliances, Inc. of Zhuhai's (SZSE:000651) Muted Earnings
Market Chatter: Xiaomi Denies Violating Gree's Smart Electric Fan Patent
Is There An Opportunity With Gree Electric Appliances, Inc. of Zhuhai's (SZSE:000651) 45% Undervaluation?
BT Financial Report Analysis: Comprehensive Analysis of Gree Electric Appliances, Inc. of Zhuhai Q1 2024 Financial Data.
Gree Electric Appliances, Inc. of Zhuhai (Stock Code: 000651) is a leading home appliance manufacturer in China, known for its high-quality air conditioner products. The company is headquartered in Zhuhai and has continuously expanded its product line in recent years, covering multiple home appliance categories such as refrigerators and washing machines. As a listed company, the financial performance of Gree Electric Appliances has always been closely watched by the market. The financial report for the first quarter of 2024 showed that the company has performed well in multiple key financial indicators, but there are also some issues worth noting. Firstly, in terms of asset and liability data, the company's total assets at the end of the first quarter of 2024 were 380.814 billion yuan.
Here's Why Gree Electric Appliances of Zhuhai (SZSE:000651) Can Manage Its Debt Responsibly
Gree Electric Appliances,Inc.of Zhuhai: 2023 Annual Report (English Version)
Do Gree Electric Appliances of Zhuhai's (SZSE:000651) Earnings Warrant Your Attention?
Despite Delivering Investors Losses of 13% Over the Past 3 Years, Gree Electric Appliances of Zhuhai (SZSE:000651) Has Been Growing Its Earnings
Gree Electric Appliances' Profit Climbs 14%, Revenue Rises 3% in Q1 2024; Shares Up 4%
Gree Electric (000651.SZ) announced first-quarter results, net profit of 4.675 billion yuan, an increase of 13.77%
Gree Electric (000651.SZ) released its report for the first quarter of 2024. The company's revenue was 363...
League of Nations Securities: Domestic sales of home appliances in 24 years ushered in a major cycle of renewal, recommending high-quality, high-dividend white batteries
The Zhitong Finance App learned that Guolian Securities released a research report saying that since March, channel regions have successively implemented relevant plans, and Gree, the leading manufacturer, took the lead in responding, exchanging the volume for a new one and then amplifying the volume. In the dominant phase of renewal, price discounts are flexible. Although they are not comparable to going to the countryside for home appliances, the icing on the cake can be expected. Domestic and external demand in the sector has shown steady performance since the beginning of the year, and dividend valuations still have an advantage. Active layout is recommended; we recommend Baeden leaders Midea (000333.SZ), Gree (000651.SZ), and Haier (600690.SH), which benefit from the trade-in policy and have high dividends. The main views of Guolian Securities are as follows: in the past
An overlooked dark horse racetrack
Why the surge?
Zheshang Securities: How do you view the valuation differences between Chinese white electronics giants and overseas leaders?
The Zhitong Finance App learned that Zheshang Securities released a research report saying that the high and stable ROE of white electricity is worth a higher valuation, and the factors that suppress valuation compared to overseas leaders may be resolved in the future. 1) Home appliance companies actively expand their own brands overseas, and future capital expenditure depends on future market share leadership in the local market; 2) Although demand and competition in the air conditioning industry are cyclically disrupted, in the medium to long term, the standard attributes of air conditioners themselves and the bargaining power of leaders in the industrial chain make the industry pattern stable for a long time; 3) Under the economic growth cycle, investors' requirements for certainty increase, and the market moves towards deterministic pricing
Gree Electric Appliances, Inc. of Zhuhai's (SZSE:000651) Stock Is Going Strong: Have Financials A Role To Play?
CICC: The industry boom continues, and the revenue/net profit of major home appliance companies is expected to be +8%/+11% YoY in 1Q24
CICC pointed out that the domestic sales and export boom of 1Q24 air conditioners were excellent, driving the year-on-year growth in the performance of related leading and upstream industry chain companies, continuing the 4Q23 industry boom and leading performance growth trend.
Gree Electric Appliances, Inc. of Zhuhai's (SZSE:000651) Intrinsic Value Is Potentially 36% Above Its Share Price
Analysis
Price Target
No Data
