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Huayi Technology: Shanghai Huayi Technology Group Co., Ltd. Report for the Third Quarter of 2024
Shanghai Huayi Technology Group Co., Ltd. Report for the Third Quarter of 2024
HuaYi Technology (688071.SH): The net loss for the first three quarters was 29.3792 million yuan.
Gelonghui October 30th | HuaYi Technology (688071.SH) announced that in the first three quarters of 2024, revenue reached 0.297 billion yuan, a year-on-year increase of 22.48%; the net income attributable to shareholders of the listed company was -29.3792 million yuan, with a basic earnings per share of -0.35 yuan.
Why Investors Shouldn't Be Surprised By Shanghai W-Ibeda High Tech.Group Co.,Ltd.'s (SHSE:688071) 32% Share Price Surge
Huayi Technology: High-precision inertial navigation products are being delivered in large quantities, and the IMU business in the flying car field is being actively developed. | Direct hit on the earnings conference
① In recent years, HuaYi Technology's net income has been continuously declining with a significant fluctuation. From the fourth quarter of 2023 to the second quarter of this year, it has experienced three consecutive quarters of losses. ② Chairman and CEO of HuaYi Technology, Li Yin, stated at the performance briefing that the high-precision inertial navigation products for smart automobiles are already being delivered in large quantities, and the company is also expanding its IMU business in the flying automobile field.
Huayi Technology (688071.SH): Did not repurchase shares in August.
On August 2, 2024, Hua Yi Technology (688071.SH) announced that the company did not repurchase shares through the Shanghai Stock Exchange trading system in August 2024 using the centralized bidding trading method. As of August 31, 2024, the company has repurchased a total of 306,893 shares of the company through the Shanghai Stock Exchange trading system using the centralized bidding trading method, accounting for 0.36% of the company's total share capital of 84,789,724 shares. The highest price of repurchase transaction was 49.08 yuan/share, the lowest price was 23.38 yuan/share, and the total amount of funds paid was RMB 10,599,050.2.
Should Weakness in Shanghai W-Ibeda High Tech.Group Co.,Ltd.'s (SHSE:688071) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
