[Brokerage Focus] BOCOM INTL maintains a "Buy" rating on China Innovation Aviation (03931), indicating strong growth in its overseas shipment volume and expected continuous improvement in profitability.

Jinwu Finance | BOCOM INTL released a Research Report indicating that in 2024, the revenue of Zhongxin Hang (03931) will grow by 2.8% year-on-year, with revenue from energy storage Battery increasing by 72.4% year-on-year, and the proportion of energy storage income rising to 30%. Although Battery prices are declining, the company's profitability is improving, with gross margin and net margin increasing by 2.9 and 1 percentage point year-on-year to 15.9% and 2.1%, respectively. The bank stated that considering the strong growth of the company's overseas shipment volume, profitability is expected to continue improving under economies of scale, and the bank has raised the forecast for net income attributable to shareholders for 2025-26 by 11-24%. Access improvement will help enhance the liquidity of the company's Stocks.

Jinwu Financial NewsMar 27 22:37 ET

CALB's 2024 Profit More Than Doubles

MT NewswiresMar 26 23:59 ET

CALB Group 2024 Rev CNY27.75B Vs. CNY27.01B >3931.HK

Dow JonesMar 26 18:28 ET

China Aerospace (03931) released its annual performance report, with a profit attributable to Shareholders of 0.591 billion yuan, an increase of 100.83% year-on-year.

China Innovation Aviation (03931) announced its annual performance for the year ending December 31, 2024, during which the group achieved revenue...

Zhitong FinanceMar 26 10:44 ET

Express News | CALB Group FY Gross Margin 15.9%

ReutersMar 26 10:34 ET

Express News | CALB Group FY Net Income RMB 843.63 Million

ReutersMar 26 10:34 ET