300679 Electric Connector Technology
- 54.97
- -0.93-1.66%
Electric Connector Technology News
Express News | Tianfeng Securities: Bullish on the consumer electronics industry chain, focusing on three directions.
Electric connector technology (300679): Q3 2024 revenue grew significantly, strong momentum in automotive electronics.
Event: The company released its Q3 2024 report, with a revenue of 3.333 billion yuan in the first three quarters of 2024, up 51.16% year-on-year; achieving a net income of 0.459 billion yuan, up 85.36% year-on-year; achieved a deduction.
Guosen: The wave of AI industry development is driving an increase in connector demand, opening a window for the high-end development of domestic connectors.
As the domestic electrification enters the second half, the penetration rate of asia vets is accelerating, and the demand for high-speed connectors in autos is increasing significantly. It is expected that by 2024, the global high-speed connector market for autos will reach 44.3 billion yuan, with a growth rate of 41%.
Express News | Electric Connector Technology: The United Kingdom Cabinet Office has requested FTDI Holding Limited to sell its 80.2% stake in FTDI.
Electric connector technology (300679.SZ): millimeter wave antennas are currently in small-scale production and delivery.
Gelonghui November 6th, electric connector technology (300679.SZ) stated on the investor interaction platform that the company's millimeter-wave antennas are currently in small-scale production and delivery, with the delivery mainly used in the mobile phone sector.
Electric Connector Technology (300679): The intelligentization of autos is booming, and Android flagship phones are entering a period of intensive releases.
Single-quarter revenue hits a new historical high again, with profit margin slightly negatively impacted by financial expenses. The company released the performance for the first three quarters of 2024, achieving revenue of 3.333 billion yuan (YoY +51.16%), and net income attributable to the parent company of 0.459 billion yuan.
Electric connector technology (300679.SZ): Subsidiary Henghe Dingfu's flexible circuit products have entered customers in the mobile and automotive sectors
Gelonghui November 4th | electric connector technology (300679.SZ) stated on the investor interaction platform that its subsidiary Henghedingfu soft board products have entered customers in the mobile and automotive sectors.
Electric connector technology (300679): Synergy between autos and consumer electronics drives revenue and profit to a new historical high.
The company released its third quarter report for 2024, with a revenue of 3.33 billion yuan in the first three quarters, a year-on-year increase of +51%, achieving a net income attributable to the parent company of 0.46 billion yuan, an increase of +85% year-on-year. Among them, Q3 achieved a revenue of 1.19 billion yuan, a year-on-year +
electric connector technology (300679): 3Q24 performance meets expectations, bullish on continuous growth of autos connectors.
3Q24 performance meets our expectations. The company announced 3Q24 performance: revenue of 1.189 billion yuan, a year-on-year increase of 41.5%, a quarter-on-quarter increase of 7.66%; net income attributable to the parent company of 0.151 billion yuan, a year-on-year increase of 23.54%.
Electric connection technology: third quarter report 2024
Electric connector technology (300679.SZ) released its performance for the first three quarters, with net income of 0.459 billion yuan, a year-on-year increase of 85.36%.
Electric Connector Technology (300679.SZ) released the third quarter report of 2024, with the company's revenue for the first three quarters reaching 33...
Electric Connector Technology (300679.SZ): The net income in the first three quarters was 0.459 billion yuan, an 85.36% year-on-year increase.
Gelonghui October 25th. Electric Connector Technology (300679.SZ) announced its third quarter report for 2024, achieving revenue of 3.333 billion yuan in the first three quarters, a year-on-year increase of 51.16%; net income attributable to shareholders of the listed company was 0.459 billion yuan, a year-on-year increase of 85.36%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.444 billion yuan, a year-on-year increase of 87.83%; basic earnings per share was 1.08 yuan.
Electric Connector Technology (300679.SZ): Car connector products are widely used in autos asia vets cabins and intelligent driving systems.
Gelonghui October 21st, electric connector technology (300679.SZ) stated on the investor interaction platform that the company's in-vehicle connector products are widely used in the smart cabins and intelligent driving systems of autos.
Electric Connector Technology (300679.SZ): Repurchase completed, cumulatively spending approximately 0.1 billion yuan to repurchase 2.7866 million shares.
On October 9, Geelong announced that Electric Connector Technology (300679.SZ) disclosed that the actual share buyback period was from November 20, 2023 to September 2, 2024. As of October 8, 2024, the company repurchased 2.7866 million shares through the share buyback special securities account by means of centralized competitive trading, accounting for 0.6576% of the company's total share capital. The lowest price traded was 31.068 yuan per share, the highest price traded was 39.99 yuan per share, and the total amount paid was approximately 0.1 billion yuan (excluding transaction costs such as commissions and transfer fees) for this buyback.
Electric Connector Technology (300679): New product launches for major customers driving smart driving at home and abroad, bullish on long-term space for autos business.
Event: Recently, the development of smart driving of domestic and foreign autos such as Tesla, Huawei, and Xiaomi has accelerated. Meanwhile, the pre-sale order performance of Huawei's HarmonyOS smart-driving new car, Xpeng P7, is good. In response to the progress of various business aspects of the company, we provide the following comments: Huawei
Initial coverage of electric connector technology (300679): Resonance of consumer electronics and automotive electronics gives birth to the leading domestic player in the connector field.
【Key Conclusion】It is expected that the company's net income attributable to the parent company in 2024-2026 will be 0.629/0.85/1.092 billion yuan, with corresponding PE ratios of 21.98/16.27/12.66 times.
Express News | The industrialization of the 6G network has officially begun, and institutions are bullish on these concept stocks.
Electric Connector Technology (300679.SZ): has repurchased 0.5592% of the shares.
On September 2nd, GeLongHui reported that as of August 31, 2024, Electric Connector Technology (300679.SZ) announced that the company repurchased 2,369,800 shares of the company through the special securities account for share buyback, accounting for 0.5592% of the total share capital. The shares were repurchased through centralized competitive bidding trading at a minimum price of 31.19 yuan per share and a maximum price of 39.99 yuan per share, with a total amount paid of 87,234,095.82 yuan (excluding trading expenses such as commission and transfer fees), and this buyback complies with the company's buyback plan requirements.
Electric Connector Technology (300679): Q2 2024 performance meets expectations, with high growth in automotive electronic flexible board business.
Event: On the evening of August 28, 2024, the company released its 2024 interim report. In the first half of 2024, the company achieved revenue of 2.144 billion yuan, a year-on-year increase of approximately 57.11%; achieving a net income attributable to the mother of 0.308 billion.
Electric Connector Technology (300679): Profit of consumer electronics rebounds, automotive business accelerates growth.
The company released its semi-annual report for the year 2024, with revenue of 2.14 billion yuan, an increase of 57.1% compared to the same period last year, and net income attributable to shareholders of 0.31 billion yuan, an increase of 145.8% compared to the same period last year. Among them, Q2 achieved revenue of 1.1 billion yuan.
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