Target Price raised by 33%! JPMorgan is bullish on Contemporary Amperex Technology: technological innovation and global market expansion drive growth.

JPMorgan believes that due to the accelerated growth in sales, potential increases in unit economic efficiency, and its position as a CSI Leading Technology Index, the core competitive advantages of Contemporary Amperex Technology are promising. The target price has been significantly raised from 300 yuan to 400 yuan, indicating a potential increase of 53.9% compared to Tuesday's closing price.

wallstreetcnJan 23 12:02 · Ratings

Profit decreased while revenue increased! In the past year, Ningwang attracted over 49 billion | Interpretations

① Contemporary Amperex Technology expects a net income of up to 53 billion in 2024. ② The growth in battery product sales does not offset the decline in raw material prices, and the company's product prices have been adjusted accordingly, resulting in a year-on-year decrease in revenue.

cls.cnJan 21 23:22

Electrolyte is trapped in a low stock price competition dilemma, with Rui Tai New Materials expecting a decline in net profit for two consecutive years | Interpretations

① Rui Tai New Material's projected Net income for 2024 is expected to decrease by about 80%, and the company will experience a decline in Net income for two consecutive years; ② The continuous release of production capacity for Battery materials has led to intensified competition in the Industry, with a noticeable decrease in product prices last year; ③ Due to substantial losses from the affiliated listed company Tonze New Energy Technology, the company expects to recognize investment losses of 0.075 billion yuan to -0.09 billion yuan.

cls.cnJan 21 22:33

Annual net profit is expected to exceed 50 billion! The trillion Global power Battery leader has released the 2024 performance forecast | After-market announcement highlights.

Chongqing Sokon Industry Group Stock: It is expected to achieve a net income of 5.5 billion to 6 billion yuan in 2024, returning to profit compared to the same period last year.

cls.cnJan 21 21:06

Intensified competition puts pressure on gross margin, Luoyang Xinqianglian Slewing Bearing expects a significant decline in performance for the 2024 fiscal year | Interpretations

① In 2024, the competition pressure in the wind power industry is being passed upstream, leading to performance pressure for wind power component companies. Luoyang Xinqianglian Slewing Bearing expects a significant decline in the company's performance year-on-year in 2024; ② Some industry insiders have indicated to reporters from Cai Lian She that there are signs of easing in the internal competition of the wind power industry.

cls.cnJan 21 20:57

Cailian Press Autos Morning Report [January 16]

① The Ministry of Commerce: This week, detailed implementation rules for new purchase subsidies for mobile phones and other digital products will be issued successively; ② Guangdong: The production of New energy Fund vehicles will grow by 43% in 2024, accounting for a quarter of the national total; ③ Chongqing Changan Automobile: It will enter the Europe market in 2025;

cls.cnJan 16 08:39