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Is Sieyuan Electric Co., Ltd.'s (SZSE:002028) Recent Stock Performance Tethered To Its Strong Fundamentals?
Research reports on mining for treasure | Northeast Securities: sieyuan electric driven by dual engines domestically and overseas, maintaining a "buy" rating.
The Northeast Securities research report points out that Sieyuan Electric (002028.SZ) is a rare private enterprise in the industry with grid qualifications, and its power transmission and distribution equipment business covers primary and secondary equipment. Company executives come from a professional background, the shareholding structure is stable, and the talent incentive policy is continuously improving, indicating great potential. In terms of in-network business, the investment amount in the national grid is expected to exceed 600 billion yuan for the first time in 2024, and the company, as a quality private enterprise within the grid, is expected to fully benefit. In terms of out-of-network business, the installed capacity of photovoltaic and wind power in our country continues to grow, and the company's out-of-network business achieves high growth along with the increase in new energy installations, with the high-voltage SVG achieving a CAGR of nearly 2 in the last five years.
Sieyuan Electric Co., Ltd.'s (SZSE:002028) Earnings Are Not Doing Enough For Some Investors
Sieyuan Electric (002028.SZ): Currently, the transformers can meet the current delivery requirements.
Gelonghui, October 31st. sieyuan electric (002028.SZ) accepted a specific inquiry on October 30, 2024, regarding "May I ask, how is the current transformer delivery capability of the company?" The company stated that in the past two years, there has been an increase in transformer demand, and currently the transformer production can meet the current delivery needs. The company will also actively coordinate various resources according to different customer delivery deadlines to fully meet customer delivery requirements.
sieyuan electric (002028.SZ): As of the end of the third quarter, the company's overall new orders basically meet the phased objectives.
On October 31, Gelonhui reported that Sieyuan Electric (002028.SZ) received a specific investigation on October 30, 2024, regarding 'How are the orders for the third quarter of 2024 for the company?' The company stated that by the end of the third quarter of 2024, the overall new orders of the company basically met the phased targets. According to incomplete statistics, overseas orders showed a relatively high increase, while domestic orders also maintained a relatively stable growing trend.
Earnings Miss: Sieyuan Electric Co., Ltd. Missed EPS By 20% And Analysts Are Revising Their Forecasts