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We Think You Should Be Aware Of Some Concerning Factors In Shanghai Weihong Electronic Technology's (SZSE:300508) Earnings
Shanghai Weihong Electronic Technology (300508.SZ): The strategy is to collaborate with other cutting head manufacturers to optimize the interaction between the control system and cutting head.
Shanghai Weihong Electronic Technology (300508.SZ) stated at an investor relations event that from a product perspective, in terms of software, we are not falling behind, and in some application scenarios, we are even leading. Competitors have done a good job in high-power cutting heads, and domestic other manufacturers still have some gap with them for now. Bundling sales of control systems with cutting heads brings certain price advantages. There is some pressure for us to develop small and medium customers, but the impact on major customers is not significant. Our strategy is to collaborate with other cutting head manufacturers, optimize the interaction between control systems and cutting heads.
Weihong Co., Ltd.: Report for the third quarter of 2024
Shanghai Weihong Electronic Technology (300508.SZ): net income of 83.075 million yuan in the first three quarters, a year-on-year increase of 64.90%.
Galaxy News October 18th | Shanghai Weihong Electronic Technology (300508.SZ) released the third quarter financial report for 2024. In the first three quarters of 2024, the company achieved revenue of 0.346 billion yuan, a 6.34% increase from the same period last year; the net income attributable to shareholders of the listed company was 83.075 million yuan, a 64.90% increase from the same period last year; the net income after deducting non-recurring gains and losses was 47.6021 million yuan, a 0.24% increase from the same period last year; basic earnings per share was 0.7615 yuan/share.
Optimistic Investors Push Shanghai Weihong Electronic Technology Co., Ltd. (SZSE:300508) Shares Up 27% But Growth Is Lacking
Shanghai Weihong Electronic Technology (300508.SZ) granted 0.0681 million restricted stocks with a grant price of 9.38 yuan per share.
Shanghai Weihong Electronic Technology (300508.SZ) announced that the company's board of directors and supervisory board have approved the proposal regarding the company's 202...