600686 Xiamen King Long Motor Group
- 16.01
- +1.34+9.13%
Xiamen King Long Motor Group News
Xiamen King Long Motor Group 2024 Semi-Annual Report.
Summary of Xiamen King Long Motor Group's 2024 interim report.
Xiamen King Long Motor Group (600686.SH): net income in the first half of the year was 66.3961 million yuan, a year-on-year increase of 41.70%.
On August 9th, Gelunhui reported that Xiamen King Long Motor Group (600686.SH) published its 2024 interim report, which achieved revenue of 9.763 billion yuan, a year-on-year increase of 4.19%; net income attributable to shareholders of listed companies was 66.3961 million yuan, a year-on-year increase of 41.70%; basic earnings per share were 0.09 yuan. The company's main products currently include large, medium, and light-duty passenger vehicles, which are mainly used in the tourism, highway, public transportation, group transportation, school bus, and special passenger vehicle markets. The products cover various types of passenger vehicles from 4.5 meters to 18 meters in length, and are sold not only domestically but also to more than 170 countries worldwide.
Top Gainers and Losers | Xiamen King Long Motor Group obtained a capital of 155 million for aggressive acquisition, listed on the tiger list! Hujialou Market saw the active trading of Changshu Tianyin Electromechanical.
The top three daily net buy-in amounts on the Dragon Tiger List are Xiamen King Long Motor Group, Offcn Education Technology, and Addsino Co., Ltd.
King Long Motor Posts Higher Bus Production, Lower Sales in July
Xiamen King Long Motor Group's production and sales data for July 2024.
Xiamen King Long Motor Group (600686.SH): sold 2,792 coaches in July, down 8.79% year-on-year.
On August 6th, Gelunhui reported that Xiamen King Long Motor Group (600686.SH) released its production and sales data for July, with a sales volume of 2,792 buses, a year-on-year decrease of 8.79%.
A-share Market Review: The index collectively closed in the positive, with active performances in education, photovoltaics, and medicine, while multiple stocks at high positions have collapsed.
More than 4,700 shares rose and the total transaction volume for the day was 654.2 billion yuan, a decrease of 136.3 billion yuan from the previous day.
Guoanda Co.,Ltd (300902.SZ): Xiamen King Long Motor Group is an important customer of the company.
On August 2, Gelunhui reported that Guoanda Co., Ltd (300902.SZ) stated on the investor interaction platform that Xiamen King Long Motor Group is an important customer of the company and they maintain a stable cooperative relationship. The company's new energy commercial vehicle firefighting products have been applied in large quantities to the commercial vehicles of Xiamen King Long Motor Group to ensure safe operation. With the rapid development of core technologies such as AI, sensors, and high-precision maps, the application scenarios for commercial vehicle autonomous driving are gradually expanding, and the market demand is continuing to grow. The related automotive firefighting and safety issues have also attracted attention from all walks of society. The company has always insisted on meeting market and customer demands.
Kunming Yunnei Power (000903.SZ): There is no business relationship between the company and Xiamen King Long Motor Group.
On July 31st, Gelunhui reported that Kunming Yunnei Power (000903.SZ) stated on the investor interaction platform that the company has no business dealings with Xiamen King Long Motor Group.
Dragon and Tiger List | Space-time big data detonates! Low-position excavation, Shandong Group collectively buys Zhuhai Aerospace Microchips Science & Technology, Ningbo Sangtian Road crazily sells Xiamen King Long Motor Group.
Top three companies in net buy-in amount on today's top-level list are Zhuhai Aerospace Microchips Science & Technology, Beijing Philisense Technology, and Nanjing Institute of Surveying, Mapping & Geotechnical Investigation Co. Ltd.
Xiamen King Long Motor Group (600686.SH): Its main business is focused on ordinary passenger cars that require drivers, with a very small proportion of self-driving car sales revenue in 2023.
On the announcement by Xiamen King Long Motor Group (600686.SH), the company's stocks have accumulated an increase of 1... since July 8, 2024.
Soochow Securities: Double driving of policy and replacement cycle, the bus industry welcomes a new upward cycle.
Soochow Securities stated that the bus industry is entering a new upward cycle driven by both policy and replacement cycles.
A-share Mid-day Report: Shanghai Composite Index up 0.04%, with over 2,700 stocks rising. Asia vets driving concept and auto stocks lead the gains.
As of midday closing, the Shanghai Composite Index increased by 0.04%, the Shenzhen Component Index decreased by 0.69%, and the Chinext Price Index fell by 1.15%.
Xiamen King Long Motor Group Co., Ltd. (600686.SH): Sales revenue of self-driving buses in 2023 accounts for no more than 0.3% of the company's revenue, a negligible proportion.
On July 26, Gelunhui reported that the closing prices of Xiamen King Long Motor Group's stocks had deviated by 20% for two consecutive trading days (July 25 and 26, 2024), which is considered as abnormal fluctuations in stock trading according to the relevant rules of the Shanghai Stock Exchange. The company has been paying attention to recent media reports regarding its involvement in the concept of self-driving cars. The company's main business is currently focused on conventional passenger cars that require human drivers, and the sales revenue from self-driving cars in 2023 is expected to account for no more than 0.3% of the company's total revenue.
5 days, 4 limit ups. Xiamen King Long Motor Group (600686.SH): the PE ratio is significantly higher than the industry average, and there may be irrational speculation risks.
Xiamen King Long Motor Group (600686.SH) has announced that the company's stocks have been traded continuously for 2 trading days (July 2024...)
Shanghai Stonehill Technology (002195.SZ) currently has no business cooperation with Xiamen King Long Motor Group.
On July 24th, Guolonghui reported that an investor asked Shanghai Stonehill Technology (002195.SZ) on the investor interactive platform if the company had any cooperation with Xiamen King Long Motor Group, and the company replied that there is currently no business cooperation between the two companies.
Is Xiamen King Long Motor Group (SHSE:600686) Weighed On By Its Debt Load?
Selected announcements from Gelunhui: Betta Pharmaceuticals expects a non-GAAP net profit increase of 140.00%-160.00% in the first half of the year; Saiwei Microelectronics expects a net profit increase of 570% in the first half of the year; Huayi Brother
[Investment Projects] China Aerospace Times Electronics (600879.SH): Era Minorities Company plans to invest 29 million yuan to build a clean room and supporting facilities. Union Water Affairs (603291.SH): Plans to invest no more than 0.18 billion yuan to build Xianning Wangying Reservoir Phase II project water distribution pipeline expansion project. Union Water Affairs (603291.SH): Plans to invest 0.219 billion yuan to build the fifth phase project of the Second Water Plant. CHN Energy Changyuan Electric Power (000966.SZ): Plans to cooperate with the government of Songzi City to develop and build a new energy project with a total installed capacity of no less than 1.5 million kilowatts. The total investment is about 7 billion yuan. [Contract Awards] Leaguer(Shenzhen)Microelectronics Corp. won the bid.
Xiamen King Long Motor Group (600686.SH) experienced four consecutive daily limit-up movement within eight days. Self-driving bus revenue accounts for a very small proportion and is still in the exploratory stage.
Xiamen King Long Motor Group (600686.SH) announced that the company's stocks have traded for three consecutive trading days (July 2024...
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