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Has Ruijie Networks Co., Ltd.'s (SZSE:301165) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Ruijie Networks (301165.SZ): The company is a major supplier of Datacenter Switches for leading Internet Plus-Related companies such as ByteDance.
Gelonghui, December 16丨Ruijie Networks (301165.SZ) stated on the investor interaction platform that the company is a mainstream supplier of Datacenter Switches for top Internet Plus-Related companies like ByteDance. In 2024, the company will deliver supplies for the ByteDance Smart Computing Center construction project it has won bids for.
Is It Too Late To Consider Buying Ruijie Networks Co., Ltd. (SZSE:301165)?
Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
We Think Shareholders Should Be Aware Of Some Factors Beyond Ruijie Networks' (SZSE:301165) Profit
Hong Kong stock unusual movement | jd.com logistics (02618) rose by more than 3% again recently signed a further deepening cooperation agreement with Ruijie Networks
jd.com logistics (02618) rose by over 3% again, as of the time of publication, up by 2.69% to HK$16.78, with a turnover of 0.128 billion Hong Kong dollars.
Investors Could Be Concerned With Ruijie Networks' (SZSE:301165) Returns On Capital
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