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Earnings Miss: Wuxi Autowell Technology Co.,Ltd. Missed EPS By 25% And Analysts Are Revising Their Forecasts
Autoway: Announcement of the 2024 Annual Results Report of Wuxi Autoway Technology Co., Ltd.
Wuxi Autoway Technology Co., Ltd. 2024 Annual Results Express Announcement
Wuxi Autowell Technology Co., Ltd. (688516.SH): In 2024, the net income is 1.314 billion yuan, an increase of 4.64% year-on-year.
On February 26, Gelonghui reported that Wuxi Autowell Technology Co., Ltd. (688516.SH) announced its performance forecast for the year 2024. In 2024, the company achieved revenue of 8,946.4884 million yuan, an increase of 41.96% compared to the previous year; the total profit amounted to 1,625.9106 million yuan, an increase of 10.06% year-on-year; and the net income attributable to the owners of the parent company reached 1,314.0752 million yuan, an increase of 4.64% compared to the previous year. During the reporting period, the company's share-based payment expenses were 48.7192 million yuan, which was included in the regular profit and loss affecting the net income attributable to the owners of the parent company.
Soochow: The price rebound in the photovoltaic Industry is driven by both profit recovery and technological iteration.
The bank believes that on one hand, the profitability of the main chain companies is expected to gradually recover, enabling accelerated investment in new technologies; on the other hand, there is a greater pursuit of advanced production capacity to gain a differentiated competitive advantage, which is Bullish for leading equipment manufacturers representing advanced production capacity and new technologies.
Wuxi Autowell Technology Invests in Solar Energy Services Provider; Shares Up 4%
Investors Should Be Encouraged By Wuxi Autowell TechnologyLtd's (SHSE:688516) Returns On Capital
