Suzhou Hengmingda Electronic Technology (SZSE:002947) Jumps 9.3% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. For instance the

Simply Wall StJul 16 21:21 ET

Suzhou Hengmingda Electronic Technology: 2024 Interim Performance Forecast

Sensex a shareJul 12 12:00 ET · Announcements

Suzhou Hengmingda Electronic Technology (002947.SZ): Net income for the first half of the year is expected to increase by 58.45%-90.14% year-on-year.

On July 12th, Grilong Hui announced that Suzhou Hengmingda Electronic Technology (002947.SZ) released its performance forecast for the first half of 2024. According to preliminary calculations by the finance department, it is expected to achieve a net income of 1.5 to 1.8 billion yuan attributable to shareholders of the listed company, a year-on-year increase of 58.45% -90.14%%; Net income after deducting non-recurring income and expenses is 1.45-1.75 billion yuan, a year-on-year increase of 66.91%-101.45%; basic earnings per share are 0.65 yuan/share - 0.78 yuan/share. During the reporting period, the company's performance presented a significant growth trend, which is a positive change.

Gelonghui FinanceJul 12 06:08 ET

Suzhou Hengmingda Electronic Technology (002947.SZ): Its products are widely used in various consumer electronics terminals, including smart phones, laptops, tablets, and VR/AR devices, etc.

On July 11th, Gelonhui reported that Suzhou Hengmingda Electronic Technology (002947.SZ) stated on the investor interaction platform that the company has been deeply cultivating in the field of consumer electronics for many years, focusing on the design, research and development, and production of structural components and functional devices. The company's products are widely used in various consumer electronic terminals, including smart phones, laptops, tablet computers, VR/AR devices, and so on. Over the years, the company has always attached importance to research and development investment and technological innovation, and can quickly respond to customers' full-process needs from product testing to mass production through strict quality control and integrated service processes, meeting customers' expectations for upgrading new terminal products. In the future, Suzhou Hengmingda Electronic Technology is committed.

Gelonghui FinanceJul 11 03:58 ET

Suzhou Hengmingda Electronic Technology (002947.SZ): The construction project of the Huizhou Hengmingda intelligent manufacturing base is steadily progressing according to plan.

On July 9th, GeLongHui reported that Suzhou Hengmingda Electronic Technology (002947.SZ) disclosed the investor relations activity record, showing that the company's overall business covers multiple fields such as consumer electronics, communication, and new energy, and has established stable cooperative relationships with core brand merchants and manufacturers. While continuously expanding its consumer electronics products and customer base, the company's overall business is steadily developing and based on the technical accumulation of metal structural parts, it has expanded to data communications and new energy. Currently, the products' application terminals include servers, switches, routers, and more. With a focus on customer and industry demand, the company has established multiple production bases that are operational in Jiangsu of the Yangtze River Delta and in Huizhou of the Pearl River Delta.

Gelonghui FinanceJul 9 03:08 ET

Suzhou Hengmingda (002947.SZ): The company's performance in the second quarter showed a positive trend towards development, and it is optimistic about achieving the annual stock-based incentive goal of 0.48 billion.

Suzhou Hengmingda Electronic Technology (002947.SZ) released an investor relations activity record table showing that the company achieved stable revenue growth in the first quarter of this year as the market was explored and production capacity gradually improved. The company has always attached great importance to research and development innovation and insists on considering technology and product innovation as the core global strategy. Through continuous investment in research and development, it provides solid support for product competitiveness, diversified development of industry customers and product projects, and improves the overall comprehensive ability to drive steady growth of the company's performance. The company's performance in the second quarter showed a positive development trend. Please refer to the company's interim report for specific details of the performance.

Gelonghui FinanceJul 9 03:07 ET