603489 Bafang Electric(Suzhou)
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Bafang Electric(Suzhou) News
Express News | Bafang Electric(Suzhou): The company has not yet laid out its business in humanoid robot and automation.
bafang electric(suzhou) (603489): Performance lower than expected, waiting for inventory digestion
Performance in 1-3Q24 is lower than our expectations. The company announced the performance in 1-3Q24: revenue of 1.013 billion yuan, -24.9% year-on-year, with a single quarter revenue of 0.331 billion yuan in 3Q, -24.2% year-on-year, -24.2% quarter-on-quarter.
Bafang shares: report for the third quarter of 2024
Third Quarter Report 2024
2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Express News | Bafang Electric(Suzhou): Net income in the first half of the year decreased by 51.48% year-on-year.
Bafang Electric(Suzhou) (603489.SH): The net income in the first half of the year was 50.65 million yuan, a year-on-year decrease of 51.48%.
On August 28th, BaFang Electric (Suzhou) (603489.SH) released its semi-annual report, with revenue of 0.682 billion yuan, a year-on-year decrease of 25.23%, net income of 50.65 million yuan, a year-on-year decrease of 51.48%, non-GAAP net income of 46.51 million yuan, a year-on-year decrease of 49.53%, and basic earnings per share of 0.22 yuan.
Bafang Electric(Suzhou) (603489): The gradual digestion of channel inventory, the improvement of profitability can be expected.
Event: On August 21, the company stated in the investor Q&A session: "As channel inventory gradually diminishes, overall inventory levels will return to normal." Comment: Since 2023, due to high industry inventory and slowing end-market demand, the company's
Bafang Electric (603489.SH): DJI is currently a non-company customer
Bafang Electric(Suzhou) (603489.SH) stated on the investor interaction platform that DJI is currently not a customer of the company.
Bafang Electric (Suzhou) (603489.SH): Electric motorcycle drive system products have been shipped in sample and small batch orders since 2023.
Bafang Electric (Suzhou) (603489.SH) stated on the investor interaction platform on July 12 that the company's electric motorcycle drive system products have been shipped in samples and small batch orders since 2023. The company will continue to pay attention to customer feedback, increase research and development investment, continue to improve technology, strengthen quality management, and strive to provide high-quality products that are closer to consumer demand for the market.
Express News | Bafang Electric(Suzhou): Shareholder He Xianbing's shareholding plan has been adjusted to 4.7 million shares.
2024 Interim Performance Forecast
Bafang Electric(Suzhou)(603489.SH): Net income in the first half of the year is expected to decrease by 40.61% to 52.10% year-on-year.
On July 9th, Gelunhui reported that Bafang Electric (Suzhou) (603489.SH) released its 2024 half-year financial results. According to preliminary calculations by the finance department, the company's net income attributable to shareholders of the listed company is expected to be between 50 million yuan and 62 million yuan in the first half of 2024, a decrease of 42.3937 million yuan to 54.3937 million yuan compared to the same period last year, a year-on-year decrease of 40.61% to 52.10%. The company expects a net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, of 47 million yuan to 59 million yuan for the first half of 2024, a decrease of 3,316 million yuan from the same period last year.
Bafang Electric(Suzhou)(603489.SH): Currently, there is no relevant business cooperation with technology giants such as Huawei and Xiaomi.
On July 5th, Gelunhui reported that there was an investor who asked Bafang Electric (Suzhou) on the investor interaction platform whether the company intends to or has cooperated with other technology giants such as Huawei and Xiaomi to develop smart cycling ecology. The company replied that it looks forward to cooperating with outstanding partners from all sides. Currently, there are no related business dealings with Huawei and Xiaomi and other technology giants.
Bafang Electric(Suzhou)(603489.SH) Annual equity distribution in 2023: 10 yuan per 10 shares and 4 shares will be issued. Stock registration on July 5th.
Bafang Electric(Suzhou)(603489.SH) has released the 2023 annual equity distribution implementation announcement, which will be implemented by equity distribution shares...
Bafang Co., Ltd. (603489): Production expansion projects have been launched one after another, and the overseas sales network continues to expand
Key investment points Overseas terminal consumer demand is slowing down. High inventory consumption affects revenue. In 2023, the company achieved revenue of 1,648 billion yuan, a year-on-year decrease of 42.18%, and net profit to mother of 128 million yuan, a year-on-year decrease of 75.03%
Why Bafang Electric (Suzhou)Ltd's (SHSE:603489) Shaky Earnings Are Just The Beginning Of Its Problems
Bafang Co., Ltd. (603489) Commentary on the 23-year annual report and 24-year quarterly report: Short-term results are under pressure and await the recovery of the overseas electric scooter market
Event: The company released its annual report for 2023 and the first quarter of 2024. In 2023, the company achieved operating income of 1,648 million yuan, a year-on-year ratio of -42.18%; realized net profit to mother of 128 million yuan, year-on-year-
Bafang Co., Ltd. (603489.SH) reported first-quarter results, with net profit of 165.356 million yuan, a year-on-year decrease of 64.50%.
Bafang Co., Ltd. (603489.SH) released its report for the first quarter of 2024, with operating revenue of 296 million yuan, with...
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