No Data
Nomura Starts Zhejiang Shuanghuan Driveline at Buy With 39 Yuan Target
Zhejiang Shuanghuan Driveline (002472): Profitability continues to improve, product matrix and new areas accelerate expansion.
The performance in 3Q24 meets our expectations. The company announced the performance in 3Q24: The total operating revenue in 3Q24 reached 2.42 billion yuan, an increase of +10.73% year-on-year; net income attributable to the parent company was 0.265 billion yuan, an increase of +20.01% year-on-year. Development.
Zhejiang Shuanghuan Driveline (002472): Achieved record high performance in Q3 24, highlighting a strong gross margin and ALPHA.
Investment Highlights: The company released the third quarter report of 2024, achieving revenue of 6.743 billion yuan in the first three quarters of 2024, a year-on-year increase of 14.8%; achieving a net income attributable to the parent company of 0.738 billion yuan, a year-on-year increase of 25.2%; achieving deductions
Zhejiang Shuanghuan Driveline (002472): Q3 slightly above the forecast center, profit continues to rise.
Q3 revenue was 2.42 billion yuan, yoy +11% / qoq +7.7%, net profit attributable to parent company was 0.265 billion yuan, slightly higher than the forecast range (0.25-0.27 billion yuan), yoy +20% / qoq +5%, in line with our expectations.
Double Ring Drive: Report for the third quarter of 2024
Express News | Zhejiang Shuanghuan Driveline: Net income increased by 20.01% year-on-year in the third quarter.
No Data
No Data