000400 Xj Electric Co.,ltd.
- 31.26
- +0.16+0.51%
Xj Electric Co.,ltd. News
xj electric co.,ltd. (000400): Performance meets expectations, with soft and straight hair expected to provide stronger support for performance.
On October 30th, xj electric co.,ltd. released the third quarter report for 2024. In the first three quarters, revenue reached 9.586 billion yuan, a year-on-year decrease of 11.49%, and net income attributable to the parent company was 0.895 billion yuan, a year-on-year increase of 10.41%.
xj electric co.,ltd. (000400.SZ): pre-awarded a total of approximately 1.338 billion yuan national power grid project.
Geelonghui November 1st | xj electric co.,ltd. (000400.SZ) announced that recently, State Grid Corporation of China's e-commerce platform released the "Recommended Bidders List of the Sixty-first Batch of Procurements in 2024 (Fifth Equipment Tendering and Procurement for Ultra High Pressure Projects)" and "Recommended Bidders List of the Seventy-second Batch of Procurements in 2024 (Fifth Tendering and Procurement of Power Transmission and Transformation Projects including Cables)". Xj electric co.,ltd. and its relevant subsidiaries are expected to win a total of approximately 1.338 billion yuan for the mentioned projects.
XJ Electric Co.,Ltd. (000400): Both internal and external networks are actively contributing, and profit capabilities continue to improve.
In the first three quarters of 2024, the revenue decreased by 11.49% year-on-year, while the net income attributable to the parent company increased by 10.41% year-on-year. In the first three quarters of 2024, the company achieved a revenue of 9.586 billion yuan, a decrease of 11.49% year-on-year; comprehensive gross margin of 21.
Xu Ji Electric: Report for the third quarter of 2024
xj electric co.,ltd. (000400.SZ): net income for the first three quarters was 0.895 billion yuan, a year-on-year increase of 10.41%.
Geelonghui, on October 30th, xj electric co.,ltd.(000400.SZ) announced its third quarter report for 2024, with the company's revenue for the first three quarters reaching 9.586 billion yuan, a decrease of 11.49% year-on-year; net income attributable to shareholders of the listed company was 0.895 billion yuan, an increase of 10.41% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.864 billion yuan, an increase of 20.23% year-on-year; and the basic earnings per share were 0.8842 yuan.
Express News | xj electric co.,ltd.: The net income in the third quarter was 0.267 billion yuan, a year-on-year increase of 10.56%.
xj electric co.,ltd. (000400.SZ) plans to distribute 1.86 yuan per 10 shares for the semi-annual period. The ex-dividend date is October 24th.
xj electric co.,ltd. (000400.SZ) announced that the company plans to distribute every 10 shares to all shareholders in the first half of 2024...
Express News | xj electric co.,ltd. established the equipment company with a registration cost of 3 million.
Guolian: The new energy industry of 2024H1 is under pressure, and leading companies in various sectors show strong alpha characteristics.
Under the dual effect of the slowing growth of photovoltaic installation demand and the large release of new technology production capacity, industry competition has intensified, causing significant impact on the profitability of the sector. Operationally stable companies are expected to withstand the trough of the cycle.
XJ Electric Co.,Ltd. (000400.SZ): Currently, the following ultra high pressure projects are being followed up: Gansu-Zhejiang, Mengxi-Jing-Jin-Ji, Shaanxi-Henan, as well as the Hai Feng Transmission, Line Renovation, and Guangdong Back-to-Back projects.
On September 6th, XJ Electric Co., Ltd. (000400.SZ) held a performance briefing on September 6, 2024. When asked about 'What ultra high pressure projects is the company currently tracking?' the company stated that they are currently tracking the Gansu-Zhejiang, Mengxi-Jing-Jin-Ji, Shaanxi-Henan, as well as the sea breeze delivery, line renovation, and Guangdong back-to-back ultra high pressure projects.
xj electric co.,ltd. (000400.SZ): The converter valve for the Three Gorges Yangjiang Qingzhou Offshore Wind Power Project in hand has not yet been delivered, and the revenue has not been confirmed at the moment.
XJ Electric Co., Ltd. (000400.SZ) held a performance briefing on September 6, 2024, and was asked, "Has the Three Gorges Yangjiang Qingzhou 5 and 7 offshore wind power projects confirmed revenue so far? What is the progress?" The company stated that the converter valves for the Three Gorges Yangjiang Qingzhou offshore wind power project in the company's order book have not been delivered yet, and the revenue has not been confirmed.
XJ Electric Co.,Ltd. (000400): Significant cost reduction and efficiency improvement effects in the first half of the year, and it is expected that the delivery of ultra high pressure will accelerate in the future.
Event: The company released its interim report for the first half of 2024. During 2024H1, the company achieved revenue of 6.836 billion yuan, a decrease of 5.10% year-on-year; net income attributable to shareholders was 0.628 billion yuan, an increase of 10.35% year-on-year; among which, in 2024Q2,
xj electric co.,ltd. (000400): The ultra high pressure season in the first half of the year has been weak, and the initial results of cost reduction and efficiency enhancement are beginning to show.
Investment highlights: The ultra high pressure orders for the first half of the year have not been delivered, and the revenue of the sector is expected to accelerate in the second half. In the first half of 24H1, the company's direct current power transmission business achieved a revenue of 0.148 billion yuan, a year-on-year decrease of 42%, with a gross margin of 51.5%, an increase of 2.33% year-on-year.
Express News | mongolia energy's 2.91GWh energy storage system procurement bidding candidate announcement
XJ Electric Co.,Ltd. (000400): Performances meet expectations, ultra high pressure and power distribution network construction may bring elasticity.
The company released its 2024H1 performance, with H1 revenue, net profit attributable to shareholders, and non-GAAP net profit of 6.836, 0.628, and 0.611 billion yuan respectively, a year-on-year decrease of 5.1%, an increase of 10.35%, and an increase of 15.9%. Performance is stable.
Everbright Securities: From ultra high pressure to the distribution side, investment and security of the power grid will continue to increase.
From ultra high pressure to the distribution side, investment and protection of the power grid will continue to increase. It is recommended to continue to focus on investment opportunities in power equipment export, ultra high pressure, and distribution side.
Express News | Soochow Securities: Focus on investment opportunities in the power grid and industrial control fields.
Express News | gtja: Downgraded the rating of xj electric co.,ltd. to shareholding.
XJ Electric H1 Profit Up 10% Despite Lower Revenue; Shares Jump 8%
Xu Ji Electric: Summary of the 2024 Semi-Annual Report
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