Jinxi Axle (600495.SH): Currently, the company's high-speed rail axles are in the stage of small-scale loading and trial operation.
Jinxi Axle (600495.SH) stated on the investor interaction platform on August 20th that the high-speed rail axles of the company are currently in the small-scale trial loading and use stage. The company will closely monitor market information and continue to expand the market for high-speed train axles.
Jinxi Axle Semi-Annual Report 2024.
Summary of Jinxi Axle's Half-Year Report for 2024
Jinxi Axle (600495.SH): Net loss of 198.355 million yuan in the first half of the year.
Jinxi Axle (600495.SH) released its semi-annual report for 2024, achieving revenue of 0.429 billion yuan, a year-on-year increase of 16.08%; net income attributable to shareholders of listed companies was -19.8355 million yuan.
Jinxi Axle (600495.SH): CRRC Corporation and its subsidiaries are the major customers of the company's axle products.
Jinxi Axle (600495.SH) stated on the investor interaction platform on August 5th that CRRC Corporation and its subsidiaries are the company's main customers for axle products.
Jinxi Axle's 2024 interim performance forecast.
Jinxi Axle (600495.SH): expected loss of 19 to 23 million yuan in the first half of the year.
On July 10th, Gelunhui reported that Jinxi Axle (600495.SH) announced its 2024 half-yearly performance forecast. According to preliminary calculations by the finance department, it is expected to achieve a net loss attributable to shareholders of the listed company of -19 to -23 million yuan during the first half of 2024 and will experience losses. The expected net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses during the first half of 2024 is -50 million yuan to -54 million yuan. The company's main product sales and corresponding sales revenue were impacted by factors such as market demand and order delivery during the first half of 2024.
Jinxi Axle (600495.SH): The tracking of axles used in self-owned electric multiple units with a speed of 350 kilometers per hour is proceeding as planned.
Jinxi Axle (600495.SH) stated on their investor interaction platform on July 8 that the tracking of the axles used in the 350km/h autonomous train sets is progressing as planned and they are currently running smoothly.
Jinxi Axle (600495.SH): Received government subsidies of 2.0389 million yuan.
Jinxi Axle (600495.SH) announced on June 28th that from March 27th, 2024 to June 28th, 2024, Jinxi Axle Co., Ltd. and its wholly-owned subsidiary Jinxi Railway Vehicles Co., Ltd. received a total of RMB 2,038,900.00 in government subsidies related to revenue, accounting for 10.02% of the net income of the audited consolidated financial statements for the year 2023.
Jinxi Axle (600495.SH): Currently, the longest running mileage of the small batch of EMU axles that the company has installed and used has reached 500,000 kilometers.
Jinxi Axle (600495.SH) stated on the investor platform on June 17th that the small batch of EMU axles currently in use by the company have a maximum running distance of 500,000 kilometers, and their operating status is good with no abnormalities. The company will continue to do a good job of tracking the use according to relevant requirements. It is understood that at present, there are only two enterprises in China, including our company, that fully have the production qualification of domestically produced EMU axles. The subsequent scale will depend on the specific market conditions, and the company will focus on expanding the market for EMU axles with the firm growth in the purchase of domestic high-speed EMUs this year.
Jinxi Axle (600495.SH) plans to distribute a dividend of 0.012 yuan per share in 2023. The ex-rights and ex-dividend date is June 12th.
Jinxi Axle (600495.SH) announcement, the company plans to distribute cash dividends of 0.012 yuan per share for the fiscal year 2023.
Jinxi Axle (600495.SH) reported first-quarter results with a net loss of 236.153 million yuan
Jinxi Axle (600495.SH) released its report for the first quarter of 2024. The company achieved revenue during the reporting period...
Additional Considerations Required While Assessing Jinxi Axle's (SHSE:600495) Strong Earnings
Jinxi Axle Signs Financial Services Deal With China Ordnance Industry's Unit
Jinxi axle (600495.SH): A set of horizontal radial forging machine equipment to be disposed of as fixed assets
Gelonghui, April 10 | Jinxi Axle (600495.SH) announced that the company disposed of a set of horizontal radial forging machine equipment in fixed assets through public listing and transfer, using the assessed value of the target asset of 7.4541 million yuan (excluding VAT) as the pricing basis. The final transaction price depends on the transferee's delisting price on the property rights exchange.
Jinxi Axle (600495.SH): Net profit of 20.35 million yuan in 2023 increased 93.48% year-on-year
Gelonghui, April 10 | Jinxi Axle (600495.SH) released its 2023 annual report, with operating income of 1.28 billion yuan, up 3.01% year on year, net profit of 20.35 million yuan, up 93.48% year on year, after deducting non-net loss of 12 million yuan, reducing losses year on year, with basic earnings of 0.02 yuan per share. A cash dividend of 0.12 yuan is distributed to all shareholders for every 10 shares.
Jinxi axle (600495.SH): received 2.81 million yuan in government subsidies
Gelonghui, March 26, 丨 Jinxi Axle (600495.SH) announced that from December 20, 2023 to March 26, 2024, the company and its wholly-owned subsidiary Jinxi Railway Vehicle Co., Ltd. (“Jinxi Vehicle”) received a total of 2.81 million yuan in government subsidies related to revenue, accounting for 26.72% of the company's net profit in the 2022 audited consolidated statement.
Jinxi Axle Company Limited (SHSE:600495) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Jinxi axle (600495.SH): High-speed EMU axles have been tested and supplied and loaded in small quantities
Gelonghui, January 23 | Jinxi Axle (600495.SH) said on the investor interactive platform that the high-speed EMU axles produced by the company have been tested and supplied and loaded in small quantities.
Investors More Bullish on Jinxi Axle (SHSE:600495) This Week as Stock Ascends 9.3%, Despite Earnings Trending Downwards Over Past Year
No Data