Jiangsu Etern Company Limited's (SHSE:600105) Market Cap Surged CN¥1.7b Last Week, Individual Investors Who Have a Lot Riding on the Company Were Rewarded

Simply Wall StNov 24 19:51 ET

Jiangsu Etern (600105.SH): Currently, the production of east superconducting tape is low, with revenue in 2023 accounting for less than 1% of the company's total revenue, and experiencing losses.

Gelonghui November 22nd | jiangsu etern (600105.SH) announced that the company has recently been listed as a relevant concept stock for controlled nuclear fusion. According to self-inspection, the company's subsidiary, Eastern Superconducting Technology (Suzhou) Co., Ltd. (referred to as "Eastern Superconducting"), mainly produces second-generation high-temperature superconducting tapes and superconducting application products. The company does not directly manufacture controlled nuclear fusion devices but only provides materials for the magnet system of the winding device. Currently, the output of Eastern Superconducting tapes is limited, accounting for less than 1% of the company's overall revenue in 2023, and it is operating at a loss, which will not have a significant impact on the company's performance.

Gelonghui FinanceNov 22 04:49 ET

We Think That There Are More Issues For Jiangsu Etern (SHSE:600105) Than Just Sluggish Earnings

Simply Wall StNov 6 17:12 ET

Jiangsu Etern Company Limited's (SHSE:600105) Shares Bounce 38% But Its Business Still Trails The Industry

Simply Wall StOct 25 18:00 ET

Yongding Co., Ltd. 2024 Third Quarter Report

SZSIOct 25 12:00 ET · Announcements

Jiangsu etern (600105.SH): The net income for the first three quarters was 57.3036 million yuan, a decrease of 34.14% year-on-year.

Gelonghui, October 25, Jiangsu Etern (600105.SH) announced its third quarter report for 2024, with the company's revenue for the first three quarters at 2.973 billion yuan, a year-on-year increase of 0.92%; net income attributable to the shareholders of the listed company was 57.3036 million yuan, a year-on-year decrease of 34.14%; net income attributable to the shareholders of the listed company excluding non-recurring gains and losses was 45.0447 million yuan, a year-on-year decrease of 21.85%; basic earnings per share were 0.041 yuan.

Gelonghui FinanceOct 25 09:49 ET