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Concerns over accounts receivable arise during the production capacity adjustment period. Shenzhen S.C New Energy Technology Corporation: Approximately 60% of the equipment payment is collected at the time of delivery | Direct coverage of the Earnings Con
By the end of 2024, the company's accounts receivable balance will be 4.729 billion yuan, accounting for 25.04% of revenue; the speed of capacity expansion in the photovoltaic downstream has slowed, and the company's sales have been affected accordingly, stating that it will reduce collection risks.
Express News | Shenzhen S.C New Energy Technology Corporation: The controlling Shareholder, actual controller, and their parties acting in concert plan to reduce their Shareholding in the company.
Shenzhen S.C New Energy Technology Corporation (300724): The growth trend in performance continues, with breakthroughs in Semiconductors & lithium battery equipment.
The company's performance continues to improve in 2024, with both revenue and profit growing. In 2024, it achieved revenue of 18.887 billion yuan, +116.26% year-on-year, and the net income attributable to the parent company was 2.764 billion yuan, +69.18% year-on-year, excluding non-recurring items.
Express News | Shenzhen S.C New Energy Technology Corporation announced that it will hold the 2024 annual performance briefing on May 12, 2025 (Monday) from 15:00 to 16:30.
Shenzhen S.C New Energy Technology Corporation (300724): The slowdown in solar expansion has led to a decrease in the scale of new Orders signed, while breakthroughs have been achieved in the Beijing Emerging Eastern Aviation Equipment field.
Event: The company released its 2024 annual report and 2025 first quarter report, achieving revenue of 18.887 billion yuan in 2024, a year-on-year increase of +116.26%, and a net income attributable to the parent company of 2.764 billion yuan, a year-on-year increase of +69.
Jefferies Adjusts Shenzhen SC New Energy Technology's Price Target to 50.59 Yuan From 71.98 Yuan, Keeps at Hold