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Should You Be Worried About Shanghai QiFan Cable Co., Ltd's (SHSE:605222) 4.8% Return On Equity?
Shanghai QiFan Cable Co., Ltd's (SHSE:605222) Market Cap Increased by CN¥405m, Insiders Receive a 71% Cut
Qifan Cable: Qifan Cable 2024 Annual Performance Pre-Reduction Announcement
Qifan Cable 2024 Annual Results Pre-Reduction Announcement
Soochow Securities: The demand for onshore and offshore wind installations will resonate in 2025, bullish on the growth potential of offshore wind.
In 2025, offshore wind power installation will experience rapid growth, showing long-term growth potential; onshore wind power installation will benefit from improved demand, and the wind turbine sector will gain from stable prices and cost optimization to achieve a profit reversal. The casting sector and others have the basis for price increases and enjoy significant profit elasticity.
Soochow Securities: Downstream deliveries in 24Q3 gradually increased, with a month-on-month improvement in wind turbine gross margin.
It is expected that the installed capacity of Haifeng will be 7-8GW in 2024, and 13-15GW in 2025, with an increase of 25% and 100% respectively.
Shanghai QiFan Cable Co., Ltd's (SHSE:605222) Shares Not Telling The Full Story
