688059 Zhuzhou Huarui Precision Cutting Tools.Co.,Ltd
- 48.17
- -1.40-2.82%
Zhuzhou Huarui Precision Cutting Tools.Co.,Ltd News
Express News | HuaRui Precision: Ningbo Huihe's shareholding period has expired and the company's shares have not been reduced.
Huari Precision (688059.SH) plans to distribute 0.8 yuan per share in 2023, with ex-rights and ex-dividends on June 28.
Huarui Precision (688059.SH) announced the profit distribution plan for the year 2023: distribute cash dividends per share...
Huari Precision (688059.SH) plans to invest no less than 400 million yuan to build the digital industrial park of Zhuzhou Huari High-performance Hard Alloy Material
Huari Precision (688059.SH) announced that the company intends to establish a wholly-owned subsidiary, Zhuzhou Huari New Materials Co., Ltd.
Express News | Huarui Precision plans to establish a wholly-owned subsidiary with a registered capital of 40 million yuan.
Zhuzhou Huarui Precision Cutting Tools Elects Chairman
Zhuzhou Huarui Precision Cutting Tools (SHA:688059) named Xiao Xukai as chairman at the computer numerical control precision cutting tool maker, according to a Saturday filing with the Shanghai Stock
Ningbo Huihe, a shareholder of Huarui Precision (688059.SH), did not reduce its holdings for more than half of the time
Huarui Precision (688059.SH) issued an announcement. On May 13, 2024, the company received the shareholder Ningbo Huihe...
Huarui Precision (688059): Profits are under pressure, full tool production capacity is climbing, and profitability improvements are worth looking forward to
Core idea In 2023, the company sold about 103.9145 million CNC blades, with an average price of 7.61 yuan/piece; the average sales price increased by 15.83%, overall volume and price increased sharply, and overseas and direct sales grew faster. New production capacity is still climbing
We Think You Should Be Aware Of Some Concerning Factors In Zhuzhou Huarui Precision Cutting ToolsLtd's (SHSE:688059) Earnings
Zhuzhou Huarui Precision Cutting Tools Co.,Ltd.'s (SHSE:688059) robust recent earnings didn't do much to move the stock. We believe that shareholders have noticed some concerning factors beyond the s
Huarui Precision (688059): Performance is in line with expectations, and total tool production capacity continues to rise
Revenue growth was impressive in '23, and overall dragged down the overall gross profit margin. According to the company's 2023 annual report, the company achieved annual revenue of 794 million yuan, +32.02% year-on-year; realized net profit to mother of 158 million yuan, year-on-year -4
Huarui Precision (688059): 1Q24 profitability is clearly under pressure, and scale effects are expected to be released
1Q24's performance fell short of our expectations. The company announced its 2023 results: revenue of 790 million yuan, +32.0% year over year; net profit to mother of 160 million yuan, -4.8% year over year. The revenue side achieved a sharp rise in volume and price, mainly on the profit side
Huarui Precision (688059): The revenue side maintains good growth, and the increase in costs and expenses puts pressure on short-term performance
Incident Overview The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of 794 million yuan, +32.02% year on year; net profit to mother was 158 million yuan, -4.85% year over year; net after deduction
Express News | Huarui Precision: Net profit for the first quarter decreased by 28.69% year-on-year
Huarui Precision (688059): Performance is under pressure and expectations for marginal improvement in prosperity
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved revenue of 790 million yuan, an increase of 32.0% year on year; net profit to mother was 160 million yuan, a decrease of 4.8% year on year. 2024Q1,
Huarui Precision (688059): Overall tungsten carbide tools drag down performance
Incident: On April 29, 2024, the company released its annual report for the year 23 and the quarterly report for the year 24. It achieved operating income of 794 million yuan, an increase of 32.02% over the previous year; net profit to mother was 158 million yuan, compared to the same period last year
Express News | Guojin Securities: Optimistic about investment opportunities in robotics, construction machinery, railway equipment, etc.
China Gold: The supply of tungsten resources continues to be tight, and the price increase of tool companies transmits cost pressure
Recently, the prices of tungsten concentrate, tungsten carbide powder, etc. have continued to rise, breaking through the five-year high price level.
Huarui Precision: Price adjustment letters have been issued to dealers. Price adjustments for all products have been 3%-10% since May
Regarding the rumor that the price of Huarui Precision Tools will increase by 3%-10%, the representative of Huarui Precision Certification said today that the company has indeed issued a price adjustment letter and plans to increase the price of all products by 3% to 10% starting in May this year, but the price increase for specific products varies. The reason for the price increase is the rise in raw material prices. Earlier, in January of this year, some tungsten carbide tool manufacturers, including Chinatungsten Hi-Tech and Okeyi, experienced price increases. At the time, Huarui Precision stated that “all factors were taken into account, and no price adjustments were made.”
The industrial mother machine concept fluctuated and rebounded. Huarui Precision rose nearly 7%, while Haitian Precision, Huadong CNC, and Kode CNC followed suit slightly.
The industrial mother machine concept fluctuated and rebounded. Huarui Precision rose nearly 7%, while Haitian Precision, Huadong CNC, and Kode CNC followed suit slightly.
Shanghai Securities released a research report on April 11 stating that Huarui Precision (688059.SH) was given a buy rating. The main reasons for the rating include: 1) a national-level specialized and innovative enterprise, with 17 years of deep industry
Shanghai Securities released a research report on April 11 stating that Huarui Precision (688059.SH) was given a buy rating. The main reasons for the rating include: 1) a national-level specialized and innovative enterprise, with 17 years of deep industry cultivation to build a leading manufacturer of domestic tools; 2) the global tool market exceeds 30 billion US dollars, and the domestic scale exceeds 40 billion yuan. In the context of autonomous control and industrial upgrading, domestic tool replacement is timely; 3) technology-based, product, channel, and production capacity are driven in multiple directions to transform into an overall service solution provider. (Mainichi Keizai Shimbun)
Huarui Precision (688059): Leading domestic CNC tool companies release production capacity+channel expansion drive long-term growth
A national-level specialized and innovative enterprise, the industry has been deeply involved in building a leading domestic tool manufacturer for 17 years. The company is mainly engaged in tungsten carbide CNC tool products. It first started by producing non-standard customized tools, then expanded to standardized tools with strong common demand, and established a full range of tools
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