688395 Shenzhen Sine Electric
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Shenzhen Sine Electric News
Sine Electric: Third Quarter Report 2024
Third Quarter Report 2024
Zhengxin Electric (688395.SH) plans to acquire Tenghe Electric Machine and upgrade its production, achieving rapid self-production of servo motors.
Sinexcel (688395.SH) announced that the company plans to change the 'Production Base Technological Transformation and Expansion Project' (planned investment in gold...
Sinexcel Electric (688395.SH): Intends to change the 'production base technical transformation and expansion project'.
On September 30, GeLongHui announced that ZhengXian Electric (688395.SH) plans to use the unused raised funds of 104.6237 million yuan for the 'Production Base Technological Transformation and Expansion Project' to acquire 100% equity of Tenghe Precision Electric Machine (Suzhou) Co., Ltd., owned by Yao Cheng, Yao Peide, and Jiang Jianming, and to upgrade the production of Tenghe Electric Machine. The total transaction price for 100% equity of Tenghe Electric Machine is 42.56 million yuan, for the 'Tenghe Electric Machine Production Upgrade Project'.
Sinewave Electric (688395.SH): The company currently has no plans to build factories overseas.
Zhengxian Electric (688395.SH) recently stated during a reception for institutional investors that the company currently has no plans to build factories overseas. In the future, the possibility of building factories overseas will be comprehensively assessed based on factors such as the scale of overseas business, commercial policies, and financial strength.
Sinus Electric (688395.SH): Currently, the overseas market is mainly distributed in Southeast Asia and other regions.
Sinus Electric (688395.SH) recently stated during a reception for institutional investors that in the first half of 2024, some customers in the overseas market have started to deliver batch or small batch orders. At the same time, new breakthroughs have been made in some key markets by improving the channel layout, resulting in significant growth in sales revenue compared to the same period last year, although the overall sales volume remains small. Currently, the overseas market is mainly distributed in Southeast Asia, India, the Middle East, Africa, and the Commonwealth of Independent States.
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
Express News | Sinexcel's net income in the first half of the year decreased by 31.38% year-on-year.
Zhengxian Electric (688395.SH): The main new energy fund products are customer-side energy storage and power supply products.
Recently, during a visit to institutional investors, Zhengxian Electric (688395. SH) stated that the company's new energy products mainly include user-side energy storage and power supply products, mainly used in site energy storage, low-voltage DC remote supply, construction machinery and other fields.
Zhengxian Electric (688395.SH): Not yet applied to low-altitude aircraft.
Zhengxian Electric (688395.SH) stated on the investor interaction platform on July 10th that the company's main business products are general-purpose variable-frequency drives, integrated special machines, and servo systems, which are mainly used in industries such as lifting machinery, logistics equipment, petrochemicals, wires and cables, plastics machinery, textile machinery, woodworking machinery, air compressors, CNC machine tools, printing machinery, packaging machinery, metal rolling, building materials, ceramic equipment, fans and pumps. They have not yet been applied to low-altitude aircraft and the company will continue to pay attention to industry trends and follow-up on cooperation opportunities.
Sine Eletric (688395.SH): not yet applied in humanoid robots.
On July 3, Gelonhui reported that Zhengxian Electric (688395.SH) stated on the investor interaction platform that the company's main business product, servo system, is one of the core components of industrial robot electronic control, among which the EA300E and EA180P servo series products have been applied in the brewing robot industry, but not yet applied in humanoid robots. The company will continue to pay attention to industry trends and follow-up cooperation opportunities.
Express News | Zhengxian Electric: A small part of raw materials has increased, but it has not yet had a significant impact on production costs.
Sine Electric (688395.SH) 2023 equity distribution: 0.2 yuan per share, share registration on May 30
Sine Electric (688395.SH) issued the 2023 equity distribution implementation notice. The current profit distribution is based on the total share capital of the company before implementation of the plan, with a cash dividend of 0.2 yuan (tax included) per share. The share registration date is May 30, 2024, and the exclusion (interest) date is May 31, 2024.
Express News | Sine Electric: New energy business revenue is expected to increase significantly in 2024
Sine Electric (688395.SH): Products sold overseas are mainly inverters and servo systems
Gelonghui, May 17, 丨 Sine Electric (688395.SH) recently said during a survey receiving institutional investors that the company's overseas sales products are mainly inverters and servo systems, and in the future, it will increase its promotion of products such as servos and special planes by expanding new customer channels.
Sine Electric (688395.SH): It is expected to achieve good results by increasing investment in overseas market development in 2024
Gelonghui, May 17丨Sinseon Electric (688395.SH) recently said during a survey of institutional investors that the company's overseas markets are currently mainly distributed in Southeast Asia, India, the Middle East, Africa, the CIS, etc.; in 2023, the company expanded its overseas sales team through talent introduction and set up an independent overseas sales department to break through some new channel customers in some overseas regions. Sales revenue increased by a certain margin compared to the same period last year, but the overall sales scale is relatively small. In 2024, the company will increase investment in overseas market development in various fields, and is expected to achieve good results.
Sine Electric (688395.SH): The gross margin level in 2024 is expected to be the same as in 2023
Gelonghui, May 17丨Sinusine Electric (688395.SH) recently said during a survey of institutional investors that in 2023, the gross margin of the company's general inverters was 39.37%, an increase of 5.57% over the previous year; the gross margin of integrated special aircraft was 33.56%, an increase of 5.89% over the previous year; the gross margin of servo systems was 22.52%, an increase of 4.27% over the previous year, mainly due to the company's insistence on technological innovation and continuous investment in new product development, by optimizing product structure and process, and implementing cost reduction and lean business improvements. Large-scale production of next-generation products lags behind
Sine Electric: This year's gross margin is expected to remain flat year on year. Future overseas layout in Southeast Asia, the Middle East, etc. | Direct performance
① Tu Conghuan, chairman and general manager of the company, said that the decline in performance in the first quarter was mainly controlled by the domestic real estate industry, and the company's customer demand in the construction machinery industry shrank; overall revenue is expected to improve this year; ② (new energy business) revenue is expected to increase significantly from 2023. Currently, new energy customers are mainly concentrated in the fields of microgrid energy storage and construction machinery.
Sine Electric (688395.SH) announced first-quarter results, net profit of 8.0812 million yuan, a year-on-year decrease of 52.37%
Sine Electric (688395.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 82.531 million yuan, a year-on-year decrease of 16.4%; net profit attributable to shareholders of listed companies was 8.0812 million yuan, a year-on-year decrease of 52.37%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 5.6032 million yuan, a year-on-year decrease of 61.57%; and basic earnings per share were 0.09 yuan.
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