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Macquarie: Demand for industrial automation and Siasun Robot&Automation in China is recovering, and domestic substitution is rapidly breaking through.
The trend of intelligent upgrading in China's manufacturing industry is irreversible, and domestic manufacturers are moving from "replacement" to "leading," bringing long-term investment value to the Industry Chain upstream and downstream.
Wuhan Huazhong Numerical Control (300161): Performance is under short-term pressure, while continuous high investment in R&D supports the localization of numerical control systems.
Key investment points: Performance under short-term pressure, increased expense ratio & higher impairment charges dragging down profit levels. In 2024, the company achieved revenue of 1.782 billion yuan, a decrease of 15.71% year-on-year; the net income attributable to the parent company was -0.055 billion yuan, turning into a loss year-on-year; practical
Huazhong CNC: 2024 Annual Report Summary
Huazhong CNC: 2024 Annual Report
Huazhong CNC: Report for the first quarter of 2025
Wuhan Huazhong Numerical Control (300161.SZ): A net loss of 58.2004 million yuan in the first quarter.
Gelonghui April 28丨Wuhan Huazhong Numerical Control (300161.SZ) announced the first quarter report for 2025, the company achieved revenue of 0.202 billion yuan, a year-on-year decrease of 16.76%; the net income attributable to Shareholders of the listed company was -58.2004 million yuan; the net income attributable to Shareholders of the listed company after deducting non-recurring gains and losses was -70.29999 million yuan; the basic EPS was -0.2929 yuan.