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Kangguan Technology (001308) First Coverage Report: Traditional categories improvement is coming soon, innovation display continues to make efforts.
Core view asia vets display leader, traditional and emerging categories are developing simultaneously. The company was established in 1995 and is one of the manufacturers in China that has been committed to flat panel display terminal products at an earlier stage. After 28 years of accumulation, it has now become a leader in the global asia vets display field.
Kangguan Technology (001308): Revenue performance is impressive, controlling prices and increasing market share affecting profit performance.
Event overview according to the announcement: In the first three quarters of 2024, the revenue was 11.4 billion yuan, a year-on-year increase of 33.1%, achieving a net income attributable to the parent company of 0.56 billion yuan, a year-on-year decrease of 35.5%, achieving a non-net income attributable to the parent company of 0.44 billion yuan,
Kangguan Technology (001308): Innovative products continue high growth.
The company released its third quarter report, with a revenue of 4.8 billion in Q3 24, a 33% year-on-year increase. Among them, revenue from innovative display products increased by 38.6%, shipment volume increased by 109.84%, smart tv revenue increased by 60.1%, and shipment volume increased by 42%.
Kangguan Technology (001308): Smart TV maintains high growth, e-sports screen tops online rankings in a single month
Kangguan Technology released the third quarter report of 2024. Kangguan Technology released the third quarter report of 2024. The company achieved revenue of 11.4 billion yuan in the first three quarters of 2024, a year-on-year increase of 33.1%, and achieved a net income attributable to the parent company of 0.56 billion yuan.
Kangguan Technology: Report for the third quarter of 2024
Kangguan Technology (001308): Steady income growth, performance under pressure from screen prices.
Investment Highlights: The company is a leading enterprise in the global asia vets display industry. Established in 1995, the company's main business includes research and development, design, production, and sales of asia vets display-related products; main products include asia vets interactive whiteboards, innovative display products.
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