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The Returns On Capital At Nanjing Develop Advanced Manufacturing (SHSE:688377) Don't Inspire Confidence
DEWELL 2024 THIRD QUARTER REPORT
Nanjing Develop Advanced Manufacturing (688377.SH) released its performance for the first three quarters, with a net income of 63.8149 million yuan, a year-on-year decrease of 48.61%.
Nanjing Develop Advanced Manufacturing (688377.SH) released the third quarter report for 2024, with revenue for the first three quarters of the company at 7.9...
Nanjing Develop Advanced Manufacturing (688377.SH): The net income for the first three quarters was 63.815 million yuan, a decrease of 48.61% year-on-year.
On October 29, nanjing develop advanced manufacturing (688377.SH) announced that in the first three quarters of 2024, the revenue was 0.795 billion yuan, a decrease of 15.11% year-on-year; the net income attributable to shareholders of the listed company was 63.815 million yuan, a decrease of 48.61% year-on-year; the basic earnings per share was 0.33 yuan.
Haiguo Co., Ltd. (301063.SZ): The main domestic competitors include nanjing develop advanced manufacturing, jiangyin hengrun heavy industries, and other companies.
On October 22, Haidilao Group (301063.SZ) stated on the investor interaction platform that the company's products are mainly exported to countries such as Singapore, Indonesia, Brazil, the USA, etc., with domestic main competitors including nanjing develop advanced manufacturing, jiangyin hengrun heavy industries, etc.
Nanjing Develop Advanced Manufacturing (688377.SH): Currently, there is a clear increasing trend in the demand for welding in the natural gas well project in the onshore wellhead special parts.
Gelonghui October 16th | Nanjing Develop Advanced Manufacturing (688377.SH) recently held a 2024 interim performance briefing. The demand for welding in the natural gas well project in the onshore wellhead parts is showing a significant growth trend. Although the company's welding workshop has a short running time, there is a significant increase in orders. During the reporting period, the company's welding product orders increased by 332% compared to the same period last year. The company has increased investment in welding equipment, personnel, technology research and development, production organization, and other aspects this year, and will achieve large-scale production in the short term.