Changzhou NRB Corporation has hidden concerns behind the turnaround: Q2 profits decline on a quarter-on-quarter basis, accounts receivable remain high, and cash flow is under pressure. | Interpretations

①Under the recovery of the downstream auto industry, bearing company Changzhou NRB Corporation achieved a turnaround in the first half of the year; ②The company's net income in the second quarter showed a sequential decrease, and the gross margin also decreased accordingly, indicating insufficient growth momentum; ③In addition, the company also faces negative cash flow, increasing accounts receivable and inventory, which may cause funding pressure.

cls.cnAug 28 11:31 ET

Both the stock price and performance of Mingxin Automotive Leather have declined. The company's revenue is stable, but the cyclical nature of the auto industry is not obvious. | Live coverage of the earnings conference

①In the fourth year of its listing, the net income of mingxin automotive leather has declined for three and a half years in a row, not only putting pressure on performance, but also the stock price of mingxin automotive leather, which is currently in a continuous 'new low'; ②In the first half of this year, the company's revenue increased without increasing profits, and operating cash flow, investment cash flow, and financing cash flow all showed negative values; ③The company stated that the current utilization rate of production capacity for genuine leather business is about 70%, and for non-genuine leather business is about 80%.

cls.cnAug 23 08:59 ET

Apple is stepping up the development of household robots. The development of the robot industry is entering an accelerated period.

According to media reports, Apple's R&D team is intensively developing a household robot that combines iPads and robotic arms, with the project codenamed J595. The innovation aims to create a product that combines smart home control and video conferencing functions. Zhonghang Securities estimated that the accumulated demand for humanoid robots in 2030 is expected to reach about 2 million units, corresponding to a market space of about 570 billion yuan.

cls.cnAug 18 20:05 ET

Yahagi Construction Industry has reached a new high [New high and new low stock].

Takamatsu Construction Group <1762> and Yahiromi Construction Industry <1870> are among the 116 new highs of the Tokyo Stock Exchange's Prime, while there are no new lows. "Tokyo Stock Exchange Prime", "Tokyo Stock Exchange Standard", "Tokyo Stock Exchange Growth". New high, new low, new high, new low, new high, new low. 06/25: 116, 0, 20, 7, 20, 7. 06/24: 57, 7, 20, 7.

Fisco JapanJun 25 02:22 ET

Takuma---Yonezawa Bioenergy was established as a joint investment with Iwahori Construction

Takuma ＜6013＞ announced on the 23rd that it has established Yonezawa Bioenergy, which conducts FIT biomass power generation business, with Iwahori Construction Industry through joint investment in Yonezawa City, Yamagata Prefecture. According to its long-term vision “Vision 2030,” the company “continues to grow sustainably with customers and society by promoting ESG management, and continues to be an essential part of society as a leading company centered on the fields of renewable energy utilization and environmental conservation.” I'm going to put that up. This case is the realization of a vision

Fisco JapanApr 24 23:18 ET

Hang Seng Technology closed up 1.47%, the entire automobile industry chain exploded, Zhejiang Shibao surged 36%, and NIO rose nearly 12%

On July 11, Hong Kong stocks opened higher. The Hang Seng Index opened 1.04% higher, Hang Seng Technology opened 1.69% higher, and the State-owned Enterprises Index rose 1.21%. In the end, the Hang Seng Index closed up 0.97%, the State-owned Enterprises Index closed 1.57%, and Hang Seng Technology closed 1.47%, and the market rose more or less throughout the day, closing 858, flat 850, down 516. Southbound Capital had a net sale of HK$2,079 million. On the market, auto parts, retail, precious metals, education, liquor, etc. strengthened, while pork, cement, photovoltaics, telecommunications, etc. weakened. Most technology stocks closed higher, with NIO surging nearly 12

Wallstreet NewsJul 11, 2023 05:53 ET