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Sany Heavy Industry Co.,Ltd (SHSE:600031) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
From January to August, the electric heavy truck market achieved an "8 consecutive increase", with an average monthly growth rate of 222%.
In August 2024, the domestic new energy fund heavy truck market sold a total of 6,303 vehicles, a 5% decrease from July, while continuing to grow year-on-year, with an increase of 117%.
A Look At The Intrinsic Value Of Sany Heavy Industry Co.,Ltd (SHSE:600031)
In August, domestic new energy heavy truck sales surged by 117% to 6,303 units, maintaining year-on-year growth for 19 consecutive months.
According to the latest data obtained by the First Commercial Vehicle Network, in August 2024, a total of 6,303 domestic new energy heavy-duty trucks were sold, a decrease of 5% compared to July, while the year-on-year growth continued, reaching an increase of 117%. The new energy heavy-duty truck market has maintained year-on-year growth for 19 consecutive months.
Huaxi Securities: Going abroad and improving efficiency and quality are parallel. The turning point of the performance growth rate of the construction machinery sector is imminent.
In the first half of 2024, the total revenue of the twelve construction machinery companies was 88.1 billion yuan, basically flat year-on-year. Due to the negative export volume of excavators since 2023 Q2, the sector has experienced a downward shift in the growth rate of income for four consecutive quarters, indicating that the inflection point of revenue growth in the sector is imminent.
SANY Heavy Industry Annonce De Solides Résultats Semestriels
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