No Data
Biwei Storage: Market demand in Q4 has somewhat recovered month-on-month and will actively focus on opportunities for industry chain integration | Direct coverage of earnings conference.
In the earnings conference of Baiwei Storage, the company’s chairman Sun Chengsi stated that downstream customers slowed down the pace of goods picking in the third quarter. As inventory is digested and enters the peak season for consumer electronics, market demand in the fourth quarter has somewhat recovered compared to the third quarter; Sun Chengsi also indicated that with the update of inventory structure, the company’s gross margin is expected to gradually return to the central level, and the increase in localization rate provides ample space for the company's revenue growth.
BIWIN Storage Technology (SHSE:688525) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Investors Don't See Light At End Of BIWIN Storage Technology Co., Ltd.'s (SHSE:688525) Tunnel
BIWIN Storage: THIRD QUARTER REPORT 2024
Third Quarter Report 2024
High stock-based compensation leads Baiwei Storage to turn losses in Q3, with product prices recovering during the year.
1. BW storage's total revenue in the first three quarters of this year was 5.025 billion yuan, a year-on-year increase of 136.76%; net income attributable to shareholders was 0.228 billion yuan, a year-on-year increase of 147.13%; 2. It stated that the storage industry has recovered in the first three quarters of this year, and the company has achieved growth breakthroughs in both market and business, while product prices have also rebounded year-on-year.
We Think BIWIN Storage Technology (SHSE:688525) Has A Fair Chunk Of DebtNo Data
No Data
