601500 Jiangsu General Science Technology
- 4.99
- -0.02-0.40%
Jiangsu General Science Technology News
Sinolink: The trend of rising in the east and falling in the west still exists, and domestic tire companies are beginning to differentiate.
Domestically, there is a clear differentiation in the production of semi-steel and an steel tires. The monthly production rate of semi-steel tires in China has been maintained at nearly 80% since March, while the monthly production rate of an steel tires has fluctuated below 60% from May to October.
Jiangsu General Science Technology (601500): Tire production and sales volume increased significantly month-on-month, bullish on the company's long-term growth prospects
Event: According to Wind, on November 8, 2024, the price of China's standard rubber 1# was 17,400 yuan/ton, an increase of 800 yuan/ton compared to November 1. October 28, 2024.
Jiangsu General Science Technology (601500.SH): has cumulatively repurchased 0.17% of shares.
Gelonghui on November 1st announced that Jiangsu General Science Technology (601500.SH) disclosed that as of October 31, 2024, the company has accumulated repurchased 2,624,500 shares, accounting for 0.17% of the total share capital of the company. The highest purchase price was 6.08 yuan/share, the lowest price was 4.36 yuan/share, and the total amount paid was 15,609,024 yuan (excluding transaction fees such as trading commissions).
Jiangsu General Science Technology (601500): Q3 profits are under short-term pressure, with continuous large volume in domestic and foreign bases.
In Q3 2024, the company's attributable net income is under short-term pressure, maintaining a 'buy' rating. In Q1-Q3 2024, the company achieved revenue of 4.988 billion yuan, a year-on-year increase of 35.56%, and achieved attributable net income of 0.38 billion yuan.
Jiangsu General Science Technology (601500): Q3 revenue hits a record high, profitability expected to rebound.
The company released its third-quarter report for 2024, achieving revenue of 4.99 billion yuan (+35.6% year-on-year), achieving a net income attributable of 0.38 billion yuan (+139.5% year-on-year), and achieving a non-net profit attributable of 3.6.
Jiangsu General Science Technology (601500) 2024Q3 Review Report: Financial expenses dragging down Q3 performance Company's new production capacity continues to increase.
Investment Highlights The company released the third quarter report of 2024, achieving revenue of 4.988 billion yuan, a year-on-year increase of 35.56%; net income attributable to the parent company of 0.38 billion yuan, a year-on-year increase of 139.49%; net income attributable to non-parent shareholders of 0.364 billion yuan,
Jiangsu general science technology (601500): The revenue and sales volume reached a record high in the third quarter, while profits were somewhat impacted by raw materials, exchange rates, and marine transportation subsidies.
Company announcement: In the first three quarters, the revenue reached 4.988 billion yuan (YoY+35.6%), achieving a net income attributable to the mother of 0.38 billion yuan (YoY+139%), achieving a non-net profit attributable to the mother of 0.364 billion yuan (YoY+16%).
Sealand: High-end transformation is the key factor of the next wave of tire opportunities.
After experiencing the first differentiation achieved through overseas base layout, domestic tire companies are very likely to usher in the second differentiation marked by high-end transformation.
GM Shares: Report for the Third Quarter of 2024 by Jiangsu General Technology Co., Ltd.
Announcement of Jiangsu General Technology Co., Ltd. on the main operating data for the third quarter of 2024
Jiangsu General Technology Co., Ltd. Report for the Third Quarter of 2024
Overseas new production capacity entering the release period. Jiangsu General Science Technology's Q3 revenue increased by more than 30% year-on-year | Financial interpretations
①Overseas new production capacity are gradually put into operation, semi-steel tire orders are full, jiangsu general science technology's revenue scale continues to expand; ②Company officials stated that in Q3 of this year, the company faced issues such as rising raw materials, marine transportation costs, and high cost amortization. As we enter the fourth quarter, the cost pressure has eased.
Jiangsu General Science Technology (601500.SH) released its performance for the first three quarters, with a net income of 0.38 billion yuan, a year-on-year increase of 139.49%.
Jiangsu General Science Technology (601500.SH) released the third quarter report of 2024, with the company's revenue for the first three quarters reaching 49...
Jiangsu General Science Technology (601500.SH): Net income in the first three quarters was 0.38 billion yuan, a year-on-year increase of 139.49%.
On October 28, Jiangsu General Science Technology (601500.SH) announced its third quarter report for 2024, with revenue of 4.988 billion yuan in the first three quarters, a year-on-year increase of 35.56%; net income attributable to shareholders of listed companies was 0.38 billion yuan, a year-on-year increase of 139.49%; basic earnings per share was 0.24 yuan.
Bullish in the long term! Jiangsu General Science Technology is significantly increasing its position in the social security fund.
As of October 11, 2024, there are as many as 950 listed companies on the A-share market with stock prices below 5 yuan, among which 10 stocks have become the "favorites" of social security funds and have been significantly increased. The reporters noticed that Jiangsu General Science Technology (601500) in the tire sector, together with Zhejiang Yankon Group, Anhui Wanwei Updated High-Tech Material Industry, Shenzhen Kingsino Technology, Xinxing Ductile Iron Pipes, baoxiniao holding, CNOOC Energy Technology & Services, beijing geoenviron engineering & technology, inc., Tangshan Port Group, and Nanjing Iron & Steel have all been shortlisted. Although these stocks have low prices, the favoritism of social security funds has instantly made them the market's focus. Why can "low stock price stocks" attract the attention of social security funds? In fact, it is not difficult to find out that many low-price stocks have
Jiangsu General Science Technology (601500) Initial Coverage Report: Accelerated Layout of Overseas Dual Bases Leading Growth in Intelligent Manufacturing
Leading in intelligent manufacturing of tires, accelerating the global strategic layout. The company has been deeply cultivating the tire industry for more than 20 years, and has established modern production bases in China, Thailand, and Cambodia. With the gradual establishment of overseas dual bases, the contribution of overseas market sales increased from 2019.
Jiangsu General Science Technology: Overseas production capacity is gradually being released, and future tire demand is expected to continue to improve | Directly hitting the earnings conference
① Chairman Gu Cui of Jiangsu General Science Technology stated that the company's tire projects in Thailand Phase II and Cambodia Phase II have been successively put into production, with capacity gradually being released, expected to become new performance growth points; ② The company believes that the rapid rise in the global total number of cars and new energy vehicles is driving strong growth in tire demand, while domestically produced tire brands with high cost performance advantages are highlighted under consumer downgrading, continuously increasing their market share overseas.
Jiangsu General Science Technology (601500): Phase 2 of the Cambodia project has been put into production, further advancing internationalization.
Event: On August 27, 2024, Jiangsu General Science Technology released its 2024 interim report. In the first half of 2024, the company achieved a revenue of 3.068 billion yuan, an increase of 36.91% compared to the same period last year. The net income attributable to shareholders reached 2.
Jiangsu General Science Technology (601500.SH): Cumulative expenditure of 15.609 million yuan to repurchase 2.62 million shares
On September 2nd, Jiangsu General Science Technology (601500.SH) announced that as of August 31, 2024, the company has repurchased a total of 2,624,500 shares, accounting for 0.17% of the total share capital. The highest purchase price was 6.08 yuan/share and the lowest purchase price was 4.36 yuan/share. The total amount paid was 15,609,024 yuan (excluding transaction commissions and other transaction costs).
Tire semi-annual report inventory: strong demand, outstanding performance, continue to expand overseas market.
① Among the 9 listed companies in the tire industry, 8 companies have achieved growth in net income in the first half of this year due to strong market demand; ② Top companies in the industry, such as Sailun Group, Linglong Tyre, and Jiangsu General Science Technology, will continue to expand overseas production capacity in 2024 to meet the high overseas demand.
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