SWHY's investment strategy for the home appliance Industry in 2025: Internal and external resonance, prosperity upturn in 2025.
The demand in the home appliance Industry has significantly improved, valuations have rebounded from the bottom, the Sector's valuations have been significantly repaired, and it still offers a high cost-performance ratio for allocation.
Dechang Co., Ltd. (605555): Increasing investment in Southeast Asia's capacity, plans to build a kitchen appliance factory.
Event Overview 1. On December 20, the company announced the "Announcement on the investment and construction of the Thailand factory project with an annual production capacity of 5 million appliances". Based on future Global Strategy development planning and Business development needs, the company intends to use its own funds or self-raised funds.
Dechang Electrical Machinery to Build Smart Kitchen Applicances Plant for 442 Million Yuan
Dechang Electrical Machinery to Set Up Thailand Factory for 638 Million Yuan
Dechang Co., Ltd. (605555): Proactively advancing with steady steps.
Event: The company plans to use its own funds or self-raised funds to invest in establishing Antec (Thailand) Co., Ltd. (provisional name) through its wholly-owned subsidiary NBDCSINGAPORE PTE. LTD., to purchase land and build in Thailand.
Express News | Dechang Co., Ltd.: Plans to invest 0.442 billion yuan to construct a production project for 1.2 million units of Asia Vets kitchen appliances annually.
Express News | Dechang Co., Ltd.: Plans to invest 0.638 billion yuan to build a home appliance manufacturing base in Thailand.
The household appliance sector in the A-share market surged, joyoung co.,ltd hit the limit up.
November 4th, Gleeman | Joyoung Co., Ltd. hit the limit up, Dechang Co., Ltd. rose more than 5%, Hongzhi Technology, Ecovacs Robotics, Oceanus Electric, chengdu rainbow appliance(group) shares and others followed the upward trend.
Dechang Group (605555): Income continues to grow, multi-category development continues to advance.
Event: On October 28, 2024, Dechang Co., Ltd. released the third quarter report for 2024, with a revenue of 2.987 billion yuan in 2024 Q1-3, a year-on-year increase of 40.33%, achieving a net income attributable to the parent company of 3.02 billion yuan.
Dechang Stock (605555): The revenue in Q3 2024 continues to grow rapidly. The new project for HOT/SHARKNINJA OEM business continues to increase production volume.
In Q3 2024, the revenue continues to grow rapidly, bullish on long-term growth by targeting high-quality major clients, maintaining a "buy" rating. From Q1 to Q3 in 2024, the company achieved revenue of 2.987 billion yuan (+40.33%) and a net income of 3.02 billion yuan.
Dechang Co., Ltd.: Ningbo Dechang Electric Co., Ltd. 2024 Third Quarter Report
Ningbo Dechang Electric Co., Ltd. 2024 Third Quarter Report
Dechang Corporation (605555.SH): The net income for the first three quarters was 0.3 billion yuan, a year-on-year increase of 14.5%.
Deloitte shares (605555.SH) released its third quarter report on October 28th, with a revenue of 2.987 billion yuan in the first three quarters, a year-on-year increase of 40.33%, a net income of 0.3 billion yuan, a year-on-year increase of 14.5%, a non-net profit of 0.287 billion yuan, a year-on-year increase of 11.36%, and basic earnings per share of 0.81 yuan.
Dechang Corporation (605555.SH) released its performance for the first three quarters, with a net income of 0.302 billion yuan, a year-on-year increase of 14.5%.
Dechang Corporation (605555.SH) released its third quarter report for 2024, with revenue for the first three quarters reaching...
Dechang Shares (605555): New project production drives high revenue growth, with a slight decline in profit levels.
Event: The company released the third quarter report of 2024. The company achieved revenue of 2.987 billion yuan in 2024 Q1-Q3, up 40.33% year-on-year; achieved net income attributable to mother of 0.302 billion yuan, up 14.50% year-on-year.
Dechang Group (605555): Dual-wheel drive of small appliances + automobile parts, benefiting from overseas expansion and domestic substitution.
The core point is that the vacuum cleaner and small appliances OEM leader, EPS electric machine construction to create new growth poles. The company is one of China's top ten vacuum cleaner export enterprises, a green factory in Zhejiang Province, and a hidden champion cultivated enterprise in Zhejiang Province. With the technical advantage in the field of electric machines, the company deeply
Dechang Holdings (605555): Deepening customer cooperation, high growth in household appliances and auto parts business.
Dechang Corporation released its 2024 semi-annual report. During the reporting period, the company achieved revenue of 1.9 billion yuan, a year-on-year increase of 38%; achieved a net income attributable to the parent company of 0.21 billion yuan, a year-on-year increase of 21%. Among them, the company achieved revenue of 1 billion yuan in Q2 single quarter.
Dechang Co., Ltd. (605555): Multi-category development continues to advance, and EPS electric machine enters a high-speed growth period.
Event: On August 28, 2024, Dechang Inc. released the 2024 interim report, achieving revenue of 1.862 billion yuan in the first half of 2024, a year-on-year growth of 38.77%, and net income attributable to the parent company of 0.207 billion yuan.
Dechang Group (605555): High revenue growth in Q2 2024, continued volume growth of SHARKNINJA and automotive parts orders.
In 2024Q2, revenue continued to grow at a high rate, with continued growth expected from the binding of high-quality key customers, and a "buy" rating maintained. In 2024H1, revenue reached 1.862 billion yuan (+38.77% year-on-year, the same below) and net income attributable to shareholders was 2.07 billion yuan.
Dechang Co., Ltd. (605555): New project mass production drives revenue growth, and the operational performance is stable.
2Q24 revenue met our expectations, slightly lower than our expectations. The company announced 1H24 performance: 1H24 revenue of 1.862 billion yuan, +38.77% year-on-year; net income attributable to shareholders of 0.207 billion yuan, +20% year-on-year.