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There's Reason For Concern Over Shengyi Electronics Co., Ltd.'s (SHSE:688183) Massive 28% Price Jump
Shengyi Electronics (688183.SH): The PCB products related to the 800G high-speed switch, which was invested in early research and development, have gradually obtained batch orders.
Gelonghui October 31st | Shengyi Electronics (688183.SH) announced that the company is actively responding to the industry's product upgrade requirements, and the PCB products related to the early investment in R&D of the 800G high-speed switch have successively obtained batch orders. While the company is striving to increase market share, it actively cooperates with customers in the development of next-generation products. For commercial and policy reasons, the company is unable to disclose business information.
Some Investors May Be Worried About Shengyi Electronics' (SHSE:688183) Returns On Capital
Shengyi Electronics: Shengyi Electronics Report for the Third Quarter of 2024
Shengyi Electronics Report for the Third Quarter of 2024
Shengyi Electronics' Q3 net profit turned losses into gains year-on-year, planning to initiate the establishment of a 0.1 billion yuan industrial fund
①Early investment in research and development of 800G high-speed switches by Shengyi Electronics has successively secured bulk orders; ②The company's server product revenue scale achieved significant growth year-on-year, with server products accounting for 42.45%, a year-on-year increase of 20.87 percentage points; ③During the reporting period, the sales amount of the company's export products increased by 32.08% year-on-year.
Improved Revenues Required Before Shengyi Electronics Co., Ltd. (SHSE:688183) Stock's 34% Jump Looks JustifiedNo Data
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