Market demand leads to reduced product deliveries, with the drone's Q3 net profit hitting a new low for a single quarter in nearly two years.
1. Due to reduced market demand and increased research and development investment, the company has been operating at a loss for three consecutive quarters, with net income in the third quarter of this year hitting a nearly two-year low; 2. In the third quarter of this year, its total research and development investment amounted to 63.534 million yuan, a year-on-year increase of 163.72%.
Raw material prices rise, sales decrease. TianNeng Company's Q3 net profit halved year-on-year.
①Regarding the decline in performance, TBEA Co., Ltd. explained that the sharp rise in raw material prices in the first half of the year combined with a decrease in sales volume in the third quarter led to the decline; ②This year, the price of lead has experienced a roller coaster market. Industry analysts predict that the lead price will overall maintain a fluctuating trend.
amlogic's net profit in the first three quarters increased by nearly ninety percent, and the South 500etf newly entered the top ten largest shareholders.
①Amlogic's financial report shows that the company achieved a revenue of 4.64 billion yuan in the first three quarters of this year, a year-on-year increase of 20.28%, and a net income attributable to the parent company's year-on-year increase of 89.26%; ②In the first three quarters of this year, Amlogic's T series sales revenue increased by over 50% year-on-year, and the W series products broke into the domestic carrier market for the first time this year, with expected shipments exceeding 10 million units for the whole year.
Zhuhai Guanyu's revenue and net profit both declined in the first three quarters, providing loans again to its subsidiary.
①Looking at the performance of Zhuhai Guanyu in recent years, the performance has fluctuated significantly, but there is a trend of both year-on-year and quarter-on-quarter growth in the third quarter; ② Zhuhai Guanyu has once again announced lending to its subsidiaries, disclosing earlier in the year that loans provided did not exceed 1.65 billion yuan.
Xiamen Tungsten's Q3 revenue and net profit both continued to decline year-on-year, while the progress of NL cathode material is smooth.
①Xiamen Tungsten's lithium battery cathode material products achieved sales volume of 0.0711 million tons in the first three quarters, with sales volume of 0.0263 million tons in the third quarter; the company's quarterly revenue and net income have continued to decline year-on-year since 2023; ②NL's brand new structured cathode material developed in collaboration with a well-known battery company has progressed smoothly and is expected to be widely used in the fields of 3C consumer electronics, siasun robot&automation, low-altitude economy, solid state batteries, etc.
Pressure on rail transit business, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first three quarters, speeding up the layout of low-altitude economy.
①Yao Guiqing stated that although national policies are tightening, the construction of urban rail transit systems has temporarily slowed down in some regions due to factors such as local debt risks, but there are sufficient existing projects under construction and in planning nationwide to support industry development; ②Regarding the industrialization of low-altitude economy, Yao Guiqing mentioned that the company has already obtained the "Civil Unmanned Aerial Vehicle Operation Certificate", and it is expected that low-altitude economy-related operations will have a positive impact on the company's performance.