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Research Reports on Treasure Digging | China Securities Co.,Ltd.: Maintain "Buy" rating on Fujian Torch Electron Technology, ceramic matrix composites create a second growth curve.
The CSC Research Reports indicate that Fujian Torch Electron Technology (603678.SH) is a major domestic supplier of special MLCC. The bottom recovery of special components and the creation of a second growth curve through ceramic matrix composites position the company as a leading domestic supplier of special MLCC, a top enterprise in CMC New Materials. The layout revolves around three major Strategic Sectors: "Components, New Materials, and International Trade," establishing production manufacturing bases in Quanzhou, Guangzhou, and Chengdu, with operation centers in Shanghai, Peking, and Shenzhen. The company's special components Business has seen a decline affected by short-term demand fluctuations, while the domestic production and intelligent upgrading of Electronic Components, coupled with the flourishing development in the civil field, provide long-term prospects.
Fujian Torch Electron Technology's (SHSE:603678) Earnings Trajectory Could Turn Positive as the Stock Rises 4.8% This Past Week
Soochow: By the third quarter of 2024, performance has reached the bottom; the jungonghangye's stage demand is weak but may improve.
In the first three quarters of 2024, the total operating income of the jungonghangye fell to 376.876 billion yuan, with a year-on-year growth rate turning negative for the first time at -4.85%. The net income attributable to shareholders also declined to 21.383 billion yuan, with a year-on-year growth rate dropping to -2.73%.
Torch Electronics: Torch Electronics Report for the Third Quarter of 2024
Torch Electronics Report for the Third Quarter of 2024
fujian torch electron technology (603678.SH) released its performance for the first three quarters, with a net income of 0.226 billion yuan, a year-on-year decrease of 22.63%.
Fujian Torch Electron Technology (603678.SH) released the report for the first three quarters of 2024, during the reporting period the company achieved revenue...
Fujian Torch Electron Technology Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
