Some Shareholders Feeling Restless Over JILIN JINGUAN ELECTRIC Co.,Ltd's (SZSE:300510) P/S Ratio
JinGuan Electric Wins Bid for Circuit Breakers, Distribution Boxes
JinGuan Electric And 2 Other Leading Dividend Stocks To Enhance Your Portfolio
Jin Guan Electric (688517.SH) won the bid for the lightning arrester product project related to State Grid Corporation of China.
Jinguang Electric (688517.SH) announced that recently, State Grid Corporation of China has issued the sixty-first batch of tenders for the year 2024...
Third Quarter Report 2024
Jin Guan Electric (688517.SH): The net income in the first three quarters was 66.2289 million yuan, a year-on-year increase of 37.05%.
Golden Eagle reported on October 24th that Jin Guan Electric (688517.SH) disclosed, the company's revenue for the first three quarters was 0.469 billion yuan, a year-on-year increase of 30.71%; the net income attributable to the shareholders of the listed company was 66.2289 million yuan, a year-on-year increase of 37.05%; the net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 60.1399 million yuan, a year-on-year increase of 31.83%; with a basic earnings per share of 0.49 yuan.
Jinguang Electric (688517.SH) released its performance for the first three quarters, with a net income of 66.2289 million yuan, a year-on-year increase of 37.05%.
Jinguang Electric (688517.SH) released the third quarter report for the first three quarters of 2024, during the reporting period the company achieved revenue...
Jinguang Electric (688517.SH): The company is further developing advanced ceramics in the wide semiconductors field.
Gelonghui October 22nd | Jinguan Electric (688517.SH) stated on the investor interactive platform that ceramic substrates and copper-clad ceramic substrates are mainly used in the packaging of high-power semiconductors such as IGBTs for new energy and electric locomotives. The company's core product, the key component resistor slice of the arrester, is manufactured using advanced electronic ceramic technology, with outstanding performance, features such as low residual pressure, high energy absorption, and excellent aging performance. On this basis, the company further develops advanced ceramics in the field of wide semiconductors.
Even With A 42% Surge, Cautious Investors Are Not Rewarding JinGuan Electric Co., Ltd.'s (SHSE:688517) Performance Completely
Jilin Jinguan Electric Bags 216 Million Yuan Worth of Projects
JILIN JINGUAN ELECTRIC Co.,Ltd (SZSE:300510) Stocks Shoot Up 36% But Its P/S Still Looks Reasonable
Jinguang Electric (688517.SH): Repurchased 1.18% of shares.
On September 2nd, Glony announced that as of August 30, 2024, the company has repurchased a total of 1,609,275 shares of the company through the Shanghai Stock Exchange trading system through centralized bidding trading, accounting for 1.18% of the total share capital of 136,613,184 shares. The highest price for the repurchase was 13.60 yuan/share, the lowest price was 11.05 yuan/share, and the total amount of funds paid was RMB 20,015,433.07 (excluding stamp duty, transaction fees, and other transaction costs).
Concerns Surrounding JinGuan Electric's (SHSE:688517) Performance
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
Jinguang Electric (688517.SH): The net income in the first half of the year was 51.1052 million yuan, an increase of 55.43% year-on-year.
Jinguang Electric (688517.SH) announced its semi-annual report for 2024 on August 21. During the reporting period, the operating income was 0.316 billion yuan, a year-on-year increase of 36.45%; the net income attributable to shareholders of the listed company was 51.1052 million yuan, a year-on-year increase of 55.43%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 45.252 million yuan, a year-on-year increase of 43.16%; the basic earnings per share was 0.37 yuan. The operating income increased by 36.45% compared to the same period last year, mainly due to the increase in income from surge arrester products during the reporting period; the net income attributable to shareholders of the listed company.
Jinguang Electric (688517.SH) won the bid for South China Power Grid's purchasing project for approximately 25.9384 million yuan.
Jinguan Electric (688517.SH) announced that recently, the materials for the main network lines of the Southern Power Grid Company in 2024u00a0are being selected, and the company is expected to become one of the material suppliers.
Jinguang Electric (688517.SH) won the bid for 25.9384 million yuan of 500kV line lightning arresters and 35kV-220kV line lightning arrester products.
On August 6th, Greathill announced that Jin Guan Electric (688517.SH) recently won the bid for the first batch of framework bidding projects for the main network line materials of the Southern Power Grid Company in 2024. The company won two standard packages of 500kV line arrester and 35kV-220kV line arrester products, with a total bid amount of about 25.9384 million yuan. The winning bid project disclosed by the company is only for projects with a winning bid amount of 20 million yuan or more. The winning bid amount accounts for about 4.02% of the 2023 revenue, and the implementation of the winning bid contract will have a positive impact on the company's future business performance.
Jinguang Electric (688517.SH): The cumulative expenditure of 20 million yuan repurchased 1.18% of the shares.
On August 1st, Gelonhui reported that as of July 31, 2024, the company repurchased a total of 1,608,275 shares of the company through the Shanghai Stock Exchange trading system by centralized bidding trading, accounting for 1.18% of the total share capital of 136,613,184 shares. The highest and lowest prices of the repurchases were 13.60 yuan/share and 11.05 yuan/share, respectively. The total amount paid was RMB20 million (excluding stamp duty, transaction commissions, and other transaction costs).
Jin Guan Electric (688517.SH): won the bid for the arrester product of the new Shaanbei-Anhui ±800 kV ultra high pressure direct current project with a contract value of 32.06 million yuan.
Jinguang Electric (688517.SH) announced on July 25 that the State Grid Corporation of China has recommended the winning candidates for the 33rd batch of procurements in 2024 (the third equipment tender procurement for ultra-high voltage projects), and the company won the largest bid for lightning arrester products for the new construction project of Shaanbei-Anhui ±800 kV ultra-high voltage direct current in the ultra-high voltage project, with a winning amount of 32.06 million yuan. This winning amount accounts for about 4.97% of the revenue in 2023, and the fulfillment of the winning contract will have a positive impact on the company's future operations.
See the daily top gainer.