No Data
Under the warming of emotions, the concept of price increases continues to ferment, pay attention to the continuity of Siasun Robot&Automation and deep-sea Technology repairs.
Track the entire lifecycle of the main Sector.
FUYAO GLASS: 2024 Annual Report
Real reversal or short-term warming? A surge in distributed photovoltaic installations is happening, with some Dealers claiming to have encountered "order cancellations".| Fax
① Under the rush of photovoltaic installations, an outbreak of demand has led to insufficient supply, causing conflicts in production and sales, with some Dealers claiming that they have had their orders "canceled" by component manufacturers; ② Dealers state that their current focus is entirely on the rush of installations for the two key deadlines of April 30 and May 31, feeling overworked and primarily concentrating on installation; ③ Analysis suggests that the current emphasis on controlling production capacity in the photovoltaic Industry has reached an unprecedented level, which will effectively alleviate the situation of oversupply.
Major Bank Rating | Citigroup: Raises the Target Price of FUYAO GLASS to HKD 68 and adjusts revenue and net profit forecasts.
Lyon published a research report indicating that FUYAO GLASS maintains rapid growth, with last year's revenue increasing by 18.4% year-on-year and net profit rising by 33.2% year-on-year, in line with expectations. Driven by the sales of Passenger Vehicles in China, the rapid adoption of electric vehicles, an increase in average selling prices due to more high-value added products, and the rapid expansion of overseas Business, the group's medium to long-term growth prospects are solid. The institution expects that this year's favorable soda ash and freight costs will lead to better profitability. It announced adjustments to the company's revenue forecasts for this year and next year, increasing them by 5% and 4% respectively, and raising net profit forecasts by 17% and 13% respectively, while also increasing its Target Price from 53 Hong Kong dollars to 68 Hong Kong dollars.
Germany increases fiscal spending to promote Energy transition, and China’s solar storage sector welcomes new investment opportunities abroad.
Recently, the German Federal Parliament passed a spending bill worth 500 billion euros with more than two-thirds of the votes. The bill proposes that 100 billion euros be injected into the existing climate and transformation Fund to support the Energy transition and climate protection. The Soochow securities electric new team pointed out that as Germany increases financial support for Energy transition development, the installed capacity of photovoltaic and energy storage is expected to accelerate growth at a turning point, and the demand for Power Inverter exports is expected to benefit.
Here's What Analysts Are Forecasting For Fuyao Glass Industry Group Co., Ltd. (SHSE:600660) After Its Annual Results
102884128 : getting disappointed with this counter. every day drop.